SAN FRANCISCO, Sept. 3, 2024 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) declared a regular cash dividend for the quarter ending September 30, 2024, on the following securities:A dividend of $0.96 per share of the company's common stock, payable on September 30, 2024, to common stockholders of record at the close of business on September 16, 2024; andA dividend of $1.0675 per share of the company's 8.54% Series Q Cumulative Redeemable Preferred Stock, payable on September 30, 2024, ...

Prologis (PLD) closed at $128.37 in the latest trading session, marking a +0.43% move from the prior day. This move outpaced the S&P 500's daily loss of 2.12%. On the other hand, the Dow registered a loss of 1.51%, and the technology-centric Nasdaq decreased by 3.26%.The industrial real estate developer's stock has climbed by 7.47% in the past month, exceeding the Finance sector's gain of 7.46% and the S&P 500's gain of 5.78%.Market participants will be closely following the financial results of Prologis in ...

Shares of Prologis Inc. (PLD) have rallied 19% in the past three months, outperforming the industry's growth of 16.1%.This industrial real estate investment trust (REIT) targets investments in distribution facilities for customers who are engaged in global trade and depend on the efficient movement of goods through the global supply chain. Apart from having a solid portfolio and gaining from healthy industry fundamentals, PLD stock is benefiting from the narrative surrounding the interest rate cut in the ne ...

Prologis (PLD) closed the most recent trading day at $128.94, moving +0.03% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.16%. Elsewhere, the Dow saw an upswing of 0.02%, while the tech-heavy Nasdaq appreciated by 0.16%.Shares of the industrial real estate developer have appreciated by 3.99% over the course of the past month, outperforming the Finance sector's gain of 2.12% and the S&P 500's gain of 2.97%.Analysts and investors alike will be keeping a clos ...

MEXICO CITY, Aug. 26, 2024 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, announces today that Fitch Ratings ratified our credit rating of BBB with a stable outlook. This rating is one notch above the Mexican sovereign (BBB-/Stable).A securities rating is not a recommendation to buy, sell or hold securities and is subject to revision or withdrawal at any time by the rating organization.ABOUT FIBRA PROLOGISFIBRA Prologis is a leading ...

Justin Paget Introduction Prologis (NYSE:PLD) has underperformed the Vanguard Real Estate Index Fund ETF (VNQ) so far in 2024, delivering a circa 5% loss against the mid-single-digit gain for the benchmark ETF: PLD vs VNQ in 2024 (Seeking Alpha) Despite the underperformance, I reckon the shares are worth a Hold rating due to: A capital structure with only 22% debt, limiting the boost from Fed rate cuts. An elevated valuation in terms of Core FFO multiple and market-implied cap rate that decreases the ...

SAN FRANCISCO, Aug. 19, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE:PLD), the global leader in logistics real estate, today announced that Ted Eliopoulos is joining the company as managing director, Strategic Capital. A seasoned and respected investment management executive, Eliopoulos will help Prologis continue to grow its private investment business, bringing years of experience and deep expertise. Eliopoulos will work closely with Karsten Kallevig, global head of Strategic Capital. Both leaders will repor ...

Justin Paget Summary Prologis (PLD) is the largest owner/operator of industrial real estate in the world. It is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of Q2 '24, it owns and/or manages ~1.2Bn of modern logistics facilities in 19 countries leased to a diverse base of ~6,700 tenants, largely in two major categories: B2B and retail/online fulfilment. We have followed its Series Q preferred shares since November of last year. At that time, we found the s ...

It has been about a month since the last earnings report for Prologis (PLD) . Shares have added about 1.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Prologis due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Prologis Q2 FFO Beats Estimates, Rental Revenues Up Y/ ...

PixelbizzIntroduction I wrote an article about Prologis (NYSE:PLD) a bit more than a year ago in July 2022: "Prologis: Deglobalization Could Be The Next Dominant Tailwind For This REIT." I rated Prologis as a "buy" due to "deglobalization" being a major tailwind for the stock. Since then, Prologis' stock has had a price return of -4.58% and a total return of -1.74% against the S&P 500's return of 18.62%. In my first article, I explained how deglobalization could unfold in the coming years and how that c ...