Prologis (PLD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this industrial real estate developer have returned -17.9% over the past month versus the Zacks S&P 500 composite's -2.5% change. The Zacks REIT and Equity Trust - Other industry, to which Prologis belongs, has lost 8.4% over this period. Now the key question is: Where could the stock be headed in the near ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number: 001-13545 (Prologis, Inc.) 001-14245 (Prologis, L.P.) Prologis, Inc. Prologis, L.P. (Exact name of registrant as sp ...

This leading REIT has a lot of hidden potential and is well off its highs.Prologis (PLD -1.15%) is the largest real estate investment trust in the market, but the logistics real estate giant could still have lots of upside potential. Not only that, but the stock is down by about 20% from its recent highs. In this video, I'll give the details about why I'm finally planning to add Prologis to my portfolio.*Stock prices used were the afternoon prices of April 17, 2024. The video was published on April 18, 2024 ...

Prologis expects some near-term headwinds to weigh on its growth this year.Prologis (PLD -7.19%) has done an incredible job paying dividends over the years. The real estate investment trust (REIT), focused on logistics properties, has grown its payout at a 13% compound annual rate over the last five years. That's more than double the 5% dividend growth rate of the S&P 500 and the average REIT. The industrial REIT had initially expected that 2024 would be another strong year. However, some near-term headwind ...

Prologis, Inc. (NYSE:PLD) Q1 2024 Earnings Conference Call April 17, 2024 12:00 PM ET Company Participants Natasha Law - Director of Investor Relations Tim Arndt - Chief Financial Officer Chris Caton - Managing Director, Global Strategy & Analytics Dan Letter - President Hamid Moghadam - Co-Founder, Chairman and Chief Executive Officer Conference Call Participants Caitlin Burrows - Goldman Sachs Steve Sakwa - Evercore ISI Michael Goldsmith - UBS Craig Mailman - Citi Camille Bonnel - Bank of America Nikita B ...

Prologis, Inc. (PLD) reported first-quarter 2024 core funds from operations (FFO) per share of $1.28, in line with the Zacks Consensus Estimate. This compares favorably with the year-ago quarter’s figure of $1.22.However, the industrial REIT trimmed its guidance for the full-year 2024 as it prepares for a slower leasing environment in the next quarter or two. Reflecting the negative sentiments of investors, PLD shares are trending down during the initial hours of today’s trading session.Per Hamid R. Moghada ...

For the quarter ended March 2024, Prologis (PLD) reported revenue of $1.83 billion, up 11.9% over the same period last year. EPS came in at $1.28, compared to $0.50 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.81 billion, representing a surprise of +1.00%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.28.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.28 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1.22 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this industrial real estate developer would post FFO of $1.26 per share when it actually produced FFO of $1.26, delivering no surprise.Over the last four quarters, the company has surpassed consensus FFO estimates two times.Prologis, which bel ...

FOR IMMEDIATE RELEASE Prologis Reports First Quarter Results Positive Long-Term Outlook Amid Near-Term Macroeconomic Uncertainty SAN FRANCISCO (April 17, 2024) – Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported first quarter results for 2024. Net earnings per diluted share was $0.63 for the first quarter of 2024 compared with $0.50 for the first quarter of 2023. Core funds from operations (Core FFO)* per diluted share was $1.28 for the first quarter of 2024, compared wi ...

Key PointsThe real estate sector has been the worst performer this year, but not all branches are created equal. Logistics and warehousing may be needed during the new manufacturing breakout in the United States when Prologis stock shines. Valuations show it as a preferred name with a double-digit upside ahead for its shareholders. 5 stocks we like better than PrologisThe U.S. real estate sector has been one of the worst-performing spaces in the past 12 months. The Vanguard Real Estate ETF NYSEARCA: VNQ fel ...