Prologis Inc (NYSE:PLD)’s traded shares stood at 3.25 million during the last session, with the company’s beta value hitting 1.08. At the close of trading, the stock’s price was $117.54, to imply a decrease of -2.37% or -$2.85 in intraday trading. The PLD share’s 52-week high remains $137.52, putting it -17.0% down since that peak but still an impressive 17.78% since price per share fell to its 52-week low of $96.64. The company has a valuation of $108.83B, with an average of 4.06 million shares in intraday trading volume over the past 10 days and average of 3.40 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Prologis Inc (PLD), translating to a mean rating of 1.87. Of 18 analyst(s) looking at the stock, 0 analyst(s) give PLD a Sell rating. 2 of those analysts rate the stock as Overweight while 2 advise Hold as 14 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.64.

Prologis Inc (NYSE:PLD) trade information

After registering a -2.37% downside in the last session, Prologis Inc (PLD) has traded red over the past five days. The 5-day price performance for the stock is -4.05%, and -6.14% over 30 days. With these gigs, the year-to-date price performance is -11.82%. Short interest in Prologis Inc (NYSE:PLD) saw shorts transact 11.76 million shares and set a 3.17 days time to cover.

The extremes give us $116 and $183 for target low and target high price respectively. As such, PLD has been trading -55.69% off suggested target high and 1.31% from its likely low.

Prologis Inc (PLD) estimates and forecasts

Looking at statistics comparing Prologis Inc share performance against respective industry, we note that the company has outperformed competitors. Prologis Inc (PLD) shares are 12.95% up over the last 6 months, with its year-to-date growth rate higher than industry average at -3.21% against -3.30%. Revenue is forecast to shrink -5.90% this quarter before falling -3.20% for the next one. The rating firms project that company’s revenue will grow 11.50% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is 1.94B. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 1.99B.Earnings reports from the last fiscal year show that sales brought in 1.76B and 1.83B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 10.20% before jumping 9.00% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 2.94% for the past 5-year period. While 2024 is set for a -8.65% return in earnings, projections for the next 5 years are at 5.36% annually.

PLD Dividends

Prologis Inc has its next earnings report out on 2025-Jan-15. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Prologis Inc has a forward dividend ratio of 3.75, with the share yield ticking at 3.19% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.41%.

Prologis Inc (NYSE:PLD)’s Major holders

Prologis Inc insiders hold 0.29% of total outstanding shares, with institutional holders owning 95.43% of the shares at 95.70% float percentage. In total, 95.43% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 120.84 million shares (or 13.0595% of shares), all amounting to roughly $13.57 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 94.54 million shares, or about 10.2174% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $10.62 billion.