Analysts on Wall Street project that Prologis (PLD) will announce quarterly earnings of $1.38 per share in its forthcoming report, representing an increase of 9.5% year over year. Revenues are projected to reach $1.94 billion, increasing 10.4% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. ...

Core Viewpoint - Prologis is strategically positioned to leverage its modern logistics facilities in key distribution markets, supported by a solid balance sheet and promising development activities [1][10]. Group 1: Company Strategy and Operations - Prologis is focusing on warehouse conversions and new developments in the data center sector, including a recent sale of a data center development in Chicago and a partnership to convert an Illinois warehouse into a high-capacity data center with 32 megawatts capacity [2]. - The company anticipates acquisitions between $1.75 billion and $2.25 billion and development starts in the same range for 2024, indicating a strong growth trajectory [8]. - Prologis plans to develop approximately 20 data center opportunities over the next four years, with an investment of $7 to $8 billion [9]. Group 2: Financial Performance and Outlook - Prologis reported an average occupancy level of 95.9% in its portfolio for Q3, with expectations for 2024 occupancy between 96% and 96.5% [7]. - The company has a total available liquidity of $6.6 billion as of September 30, 2024, with a weighted average interest rate on its debt at 3.1% and a term of 9.2 years [10]. - The Zacks Consensus Estimate for Prologis' 2024 core funds from operations (FFO) per share is $5.45, with a fourth-quarter estimate of $1.38 [4]. Group 3: Market Challenges - The industrial real estate market is experiencing volatility, with subdued demand and high interest expenses posing challenges for Prologis [3][12]. - The company's consolidated debt was $32.3 billion as of September 30, 2024, with a projected 32.5% year-over-year increase in interest expenses for 2024 [13].

The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today!Prologis, Inc. (NYSE: PLD ) has seen its shares pull back quite a lot in recent months, which has made the valuation decline and which has made its dividend yield grow. T ...

Prologis (PLD -1.01%) is not only the largest owner of industrial real estate in the United States, but also the largest real estate investment trust, or REIT, of any kind. While the business itself is performing quite well, there are some fears regarding the state of industrial real estate as well as the interest rate environment, and these have caused the stock to fall by more than 20% from its 52-week high.Here's a rundown of how Prologis' business is doing, why the stock is down, and why it could be a g ...

Prologis (PLD) closed at $104.70 in the latest trading session, marking a +0.54% move from the prior day. The stock lagged the S&P 500's daily gain of 1.1%. Meanwhile, the Dow experienced a rise of 0.91%, and the technology-dominated Nasdaq saw an increase of 1.35%.The industrial real estate developer's shares have seen a decrease of 11.8% over the last month, not keeping up with the Finance sector's loss of 4.4% and the S&P 500's gain of 0.22%.Market participants will be closely following the financial res ...

This idiom reaches far and wide across the investment universe. Generally speaking, hopping on the bandwagon of red hot sectors and chasing the smart money is wise. Looking back at someAnalyst’s Disclosure: I/we have a beneficial long position in the shares of PLD, REXR, ARE, SPG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship w ...

In the latest market close, Prologis (PLD) reached $108.87, with no movement compared to the previous day. This change was narrower than the S&P 500's daily loss of 0.39%. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, lost 0.32%.Coming into today, shares of the industrial real estate developer had lost 5.04% in the past month. In that same time, the Finance sector gained 0.19%, while the S&P 500 gained 3.6%.Investors will be eagerly watching for the performance of Prologis in its upcomi ...

SAN FRANCISCO, Dec. 17, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss fourth quarter results, current market conditions and future outlook on Tuesday, January 21, 2025, at 9:00 a.m. PT/12:00 p.m. ET.To access a live broadcast of the call, please dial +1 (877) 897-2615 (toll-free from the United States and Canada) or +1 (201) 689-8514 (from all other countries). A live webcast can be acces ...

Core Viewpoint - Prologis is strategically expanding its data center capabilities through warehouse conversions and new developments to meet the rising demand in the digital economy [1][2][6]. Group 1: Data Center Development - Prologis recently sold a data center development in Chicago to HMC Capital, converting an Illinois warehouse into a high-capacity data center with a capacity of 32 megawatts (MW) [1]. - The company plans to initiate approximately 20 new data center developments over the next four years, with an investment range of $7 to $8 billion [5]. Group 2: Power Procurement and Capacity - Prologis has secured a total of 1.6 gigawatts (GW) of power globally, with an additional 1.4 GW in advanced procurement phases, and currently has 490 MW under construction [3]. - The company is actively increasing its power procurement capabilities to support new data center developments [3]. Group 3: Market Position and Strategy - Prologis collaborates with major hyperscalers and leaders in generative AI to address their growing data center needs, leveraging its extensive portfolio of warehouses [4]. - The company has identified high-value conversion opportunities across its approximately 5,600 buildings and 12,400 acres of land [4]. Group 4: Industry Growth and Demand - The demand for high-performing data centers is expected to rise due to growth in cloud computing, IoT, big data, and increased requirements for third-party IT infrastructure [7]. - Prologis's focus on data centers positions it well to capitalize on this growth trend, which is favorable for long-term expansion [7].

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .One of the things that got me into investing (trading) when I was in my teen years was a fascinating television series named "Million Dollar Traders." on the BBC, which is the biggest public broadcaster in the United Kingdom.Analyst’s Disclosure: I/we have a beneficial long posi ...