Other OTC - Delayed Quote USD

Prologis, Inc. (PLDGP)

54.24 -0.32 (-0.59%)
At close: April 19 at 3:41 PM EDT
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DELL
  • Previous Close 54.56
  • Open 54.58
  • Bid --
  • Ask --
  • Day's Range 54.24 - 54.58
  • 52 Week Range 50.01 - 61.80
  • Volume 1,223
  • Avg. Volume 560
  • Market Cap (intraday) 41.474B
  • Beta (5Y Monthly) 1.00
  • PE Ratio (TTM) 10.86
  • EPS (TTM) 5.00
  • Earnings Date --
  • Forward Dividend & Yield 4.27 (7.87%)
  • Ex-Dividend Date Mar 15, 2024
  • 1y Target Est --

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At December 31, 2023, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.

www.prologis.com

2,574

Full Time Employees

December 31

Fiscal Year Ends

Recent News: PLDGP

Related Videos: PLDGP

How real estate investors should play higher interest rates

The real estate sector (XLRE) has been underperforming as uncertainty surrounding potential Federal Reserve interest rate cuts weighs heavily on the industry. To provide insight into the current state of the US housing market, Fundrise CEO and Co-Founder Ben Miller and CenterSquare Senior Investment Strategist Uma Moriarity join Market Domination. Moriarity notes that shelter inflation is a significant component of the continued high inflation data, acknowledging that it is a "lagging indicator." However, she points out that "real-time shelter costs" are lower than what is being reported in inflation prints, suggesting that the fight against inflation is "trending in the right direction." With rate cuts still on the table, Moriarity believes the current high-rate environment is "providing a really good opportunity for investors today" in terms of real estate and homebuilder stocks. Echoing Moriarity's sentiment, Miller highlights that "real estate moves inversely with interest rates." While rates have peaked, he believes "there's much more room for the rates to come down." As rates decline, Miller anticipates it will provide a "huge tailwind for real estate." Additionally, he notes that the real estate sector is beginning to see a normalization, expressing optimism that the sector has "hit the bottom," which could present a favorable buying opportunity for investors. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Performance Overview: PLDGP

Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

PLDGP
0.56%
S&P 500
4.14%

1-Year Return

PLDGP
3.17%
S&P 500
19.55%

3-Year Return

PLDGP
2.14%
S&P 500
18.68%

5-Year Return

PLDGP
17.53%
S&P 500
70.99%

Compare To: PLDGP

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Statistics: PLDGP

Valuation Measures

As of
  • Market Cap

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  • Enterprise Value

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  • Trailing P/E

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  • Forward P/E

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  • PEG Ratio (5yr expected)

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  • Price/Sales (ttm)

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  • Price/Book (mrq)

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  • Enterprise Value/Revenue

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  • Enterprise Value/EBITDA

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Financial Highlights

Profitability and Income Statement

  • Profit Margin

    37.35%

  • Return on Assets (ttm)

    2.39%

  • Return on Equity (ttm)

    5.87%

  • Revenue (ttm)

    8.52B

  • Net Income Avi to Common (ttm)

    3.17B

  • Diluted EPS (ttm)

    5.00

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    500.59M

  • Total Debt/Equity (mrq)

    51.14%

  • Levered Free Cash Flow (ttm)

    --

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