1 week Ago By Defense World Staff
Prologis, Inc. ( NYSE:PLD – Get Free Report ) has earned a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are covering the stock, Marketbeat.com reports.
One analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $128.88.
PLD has been the topic of a number of research analyst reports. Scotiabank dropped their price target on Prologis from $136.00 to $134.
00 and set a “sector outperform” rating on the stock in a research note on Wednesday, December 4th. Raymond James reiterated an “outperform” rating and set a $125.00 price objective (down from $130.
00) on shares of Prologis in a research note on Wednesday, December 11th. Evercore ISI raised their target price on Prologis from $124.00 to $128.
00 and gave the stock an “in-line” rating in a research note on Monday, September 16th. Barclays increased their price objective on Prologis from $131.00 to $132.
00 and gave the company an “overweight” rating in a report on Monday, November 18th. Finally, JPMorgan Chase & Co. decreased their target price on Prologis from $138.
00 to $131.00 and set an “overweight” rating for the company in a report on Monday, October 21st. Check Out Our Latest Analysis on Prologis Institutional Investors Weigh In On Prologis Prologis Stock Performance Shares of PLD stock opened at $105.
70 on Thursday. The company has a quick ratio of 0.43, a current ratio of 0.
43 and a debt-to-equity ratio of 0.56. The firm has a market cap of $97.
90 billion, a price-to-earnings ratio of 31.93, a PEG ratio of 3.27 and a beta of 1.
07. The company’s 50 day moving average is $112.45 and its 200 day moving average is $118.
68. Prologis has a 52-week low of $100.82 and a 52-week high of $135.
76. Prologis ( NYSE:PLD – Get Free Report ) last announced its earnings results on Wednesday, October 16th. The real estate investment trust reported $1.
08 EPS for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.29).
The firm had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.91 billion.
Prologis had a return on equity of 5.34% and a net margin of 39.08%.
The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.
30 earnings per share. On average, sell-side analysts anticipate that Prologis will post 5.45 EPS for the current fiscal year.
Prologis Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.96 dividend.
This represents a $3.84 annualized dividend and a yield of 3.63%.
The ex-dividend date of this dividend was Monday, December 16th. Prologis’s payout ratio is currently 116.01%.
Prologis Company Profile ( Get Free Report Prologis, Inc is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, 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.
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