Prologis (NYSE:PLD) 주식

PROLOGIS INC

Prologis

Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.

Tallinn,,Estonia,-,August,4th,2023,-,Computer,Display,With

Asia

Equities

Government

Large Cap

Regulations

Broad U.S. Equity ETFs

Econ #s

Tech

ETFs

AMZN

MAGS

MSFT

NFLX

NVDA

ORCL

SCHW

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

S&amp;P 500이 수요일에 6,100포인트를 잠시 넘기며 새로운 사상 최고치를 기록했다. 이는 강력한 기업 실적과 도널드 트럼프 대통령의 5,000억 달러 규모의 인공지능(AI) 투자 계획인 &#34;AI 스타게이트&#34;의 발표로 월가가 긍정적으로 반응한 결과이다.

S&amp;P 500이 6,100의 최고가를 경신: 강력한 기업 실적, 트럼프의 AI 베팅이 상승을 격려

The Mechanics of Deepfake Technology

Opinion

Trading Ideas

AAPL

GOOG

GOOGL

TSLA

거의 2년 동안 전 세계 15.7조 달러 규모의 인공지능(AI) 혁명에 편승한 주식들이 급격히 상승하면서, 언론에서는 이들을 &#34;매그니피센트 세븐&#34;이라고 부르기 시작했다. 하지만 &#34;매그니피센트 세븐&#34;에는 경영진이 수천억 달러를 연구 개발에 투자하는 것을 선호하기 때문에 투자자들에게 제공하는 배당금이 매우 적어서 문제가 있다.

매그니피센트 세븐을 무색하게 만드는 숨은 &#39;인공지능 수혜주&#39; 3종목

musk-robotaxi-ai3

Politics

Management

LRCX

일론 머스크의 재산은 도널드 트럼프가 제47대 미국 대통령으로 당선된 후 테슬라(NASDAQ:TSLA)의 주가가 급등하면서 금요일에 3,000억 달러를 넘었다.

일론 머스크의 재산, 테슬라의 시가총액이 1조 달러를 돌파하여 3,000억 달러 초과

Prologis Inc

Plaid Inc

Putnam Sustainable Leaders ETF

PLDT Inc

According to the Bureau of Labor Statistics, the headline Consumer Price Index (CPI) dropped from 3.0% in January to 2.8% in February, below economist expectations of 2.9%. With inflation cooling, the possibility of <a href="https://www.benzinga.com/topic/interest-rates">interest rate cuts</a> also come into the picture. 
In this backdrop, certain sectors stand to benefit more than others, such as consumer discretionary, technology and real estate. ETFs with exposure to these sectors also stand to benefit from a cooling inflation (and subsequently rate cuts). Below are some <a href="https://www.benzinga.com/etfs">ETFs to consider</a> in this scenario.
Also Read: <a href="https://www.benzinga.com/25/03/44280431/cpi-reactions">Inflation Moves In The &#8216;Right Direction&#8217; But Forecast Is Hazy, Economist Says</a>
1. Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)
When inflation eases, consumers gain more purchasing power, often leading to higher spending on non-essential goods like apparel, automobiles and entertainment. This benefits the consumer discretionary sector, and consequently XLY.
<ul>
<li>AUM: $20.28 billion</li>
<li>Expense ratio: 0.08%</li>
<li>Index tracked: Consumer Discretionary Select Sector Index</li>
<li>Top holdings: Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), Booking Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>)</li>
</ul>
2. Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)
Being majorly capital intensive, lower inflation and interest rates benefit tech stocks. When borrowing costs fall, tech firms can invest more in innovation and expansion, providing a fillip to profits and stock performance. XLK offers wide exposure to the technology sector, making it a parallel beneficiary.
<ul>
<li>AUM: $64.84 billion</li>
<li>Expense ratio: 0.08%</li>
<li>Index tracked: Technology Select Sector Index</li>
<li>Top holdings: Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</li>
</ul>
3. iShares U.S. Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYR#NYSE">IYR</a>)
The real estate sector often thrives in a low-interest-rate environment. Lower mortgage rates can boost housing demand, while real estate investment trusts (REITs), which typically carry high debt levels, can enjoy cheaper finance operations. IYR provides exposure to U.S. real estate companies and REITs.
<ul>
<li>AUM: $3.57 billion</li>
<li>Expense ratio: 0.39%</li>
<li>Index tracked: Dow Jones U.S. Real Estate Capped Index</li>
<li>Top holdings: Prologis Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>), American Tower Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMT#NYSE">AMT</a>), Equinix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>)</li>
</ul>
Economic Backdrop
Inflation cooled in February, a breather investors who had a lot to worry about in the past few weeks. According to the Bureau of Labor Statistics, the <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44285648/wall-street-rebounds-as-cooling-inflation-draws-tech-dip-buyers-whats-driving-markets-wednesday">headline Consumer Price Index (CPI) dropped</a> from 3.0% in January to 2.8% in February, below economist expectations of 2.9%. This marked the first decline after four months of increasing price pressures. Core inflation, which excludes food and energy prices, also moderated, coming in at 3.1% year-over-year, down from 3.3% in January.
These developments reinforce the Federal Reserve's <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44274165/inflation-cools-more-than-expected-in-february-strengthens-the-case-for-fed-rate-cuts">likelihood of cutting interest rates</a> in 2025. Now, economic growth is projected to slow in the first quarter and investment banks have revised GDP forecasts downward, with the Atlanta Fed's GDPNow model predicting a potential 2.4% contraction. This strengthens expectations for rate cuts, as evident from CME FedWatch Tool survey which shows traders assigning nearly an 80% probability of a reduction by June.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/03/44290482/steel-aluminum-import-tariff-threat-4-etfs-gaining-losing-in-the-market-shake-up">Steel &amp; Aluminum Import Tariff Threat: 4 ETFs Gaining &amp; Losing In The Market Shake-Up</a></li>
</ul>
Photo: Shutterstock

BKNG

EQIX

iShares Trust Dow Jones US Real Estate Fund Index

Select Sector SPDR-Consumer Discretionary

Smart ETF Picks For A Cooling Inflation Era

WIIM

CBRE

WELL

WHLR

Shares of REIT and utility stocks are trading lower amid overall market weakness. Rising Treasury yields may be driving a rotation out of income-paying sectors.

Mark Cuban extended his support to President Donald Trump&#8216;s new &#8216;Gold Card&#8217; scheme to obtain U.S. citizenship if these cards were sold to corporations who hire immigrants. Billionaire entrepreneur and Dallas Mavericks owner added that the &#8220;H1b Visa game is ridiculous.&#8221;
What Happened: <a href="https://www.benzinga.com/news/25/02/43985233/mark-cuban-calls-deductibles-the-biggest-problem-in-healthcare-system-needs-to-be-redesigned">Cuban</a> proposed a new way for high-skilled workers to obtain U.S. citizenship in his latest X post.
Agreeing with President Trump on generating revenue via handing over citizenships, Cuban added that corporations could pay $5 million for an employee earning over $500,000 per year to get immediate citizenship, provided they pass a thorough background check.
Cuban argues that if a person is highly valuable to a company, the company should be willing to pay for the right to employ them in the U.S. He further suggests that if companies are not going to hire American workers, they should at least contribute to the tax base for the privilege of hiring foreign talent.
The billionaire investor also believes the current H-1B visa system, which uses a lottery and has caps, is &#8220;broken.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I ACTUALLY LIKE THIS IDEA IF WE SELL THEM TO CORPORATIONS. The H1b Visa game is ridiculous. Go to companies and tell them, $5m for any employee making over 500k, and they get immediate citizenship if they pass an advanced background check. Without citizenship , and only 3… <a href="https://t.co/O0xlSUVrBW">https://t.co/O0xlSUVrBW</a>
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1896398624482841050?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
This comes after Trump addressed the amount of revenue that could be generated via selling &#8216;Gold Cards&#8217; during a press conference. He said, &#8220;If we sell a million &#8211; that&#8217;s $5 trillion… if we sell 10 million, that&#8217;s $50 trillion. That means our debt is totally paid off, and we have $15 trillion above that.&#8221;
See Also: <a href="https://www.benzinga.com/news/earnings/25/02/44038874/nvidia-wipes-375-billion-of-investor-wealth-in-2025-margin-of-error-razor-thin-says-analyst-reiterating-buy-on-dips-call">Nvidia Wipes $375 Billion Of Investor Wealth In 2025: &#8216;Margin Of Error Razor Thin,&#8217; Says Analyst Reiterating &#8216;Buy On Dips&#8217; Call</a>
Why It Matters: As the President and corporate tycoons agree to generate revenue via this route, a 2024 report by the American Immigration Council highlighted that immigrant entrepreneurs make up 22.6% of all entrepreneurs nationwide.
According to the study, from the New American companies that made the 2024 Fortune 500 list, 46%, or 230 companies, were founded by immigrants or their children and each company employs about 67,332 workers.
Here are the names of a few listed entities that are new entrants in the Fortune 500 list, hiring and led by immigrants.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stocks</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>GE HealthCare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>)</td>
<td>11.44%</td>
<td>-5.80%</td>
</tr>
<tr>
<td>EchoStar Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>)</td>
<td>37.27%</td>
<td>139.31%</td>
</tr>
<tr>
<td>DoorDash Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>)</td>
<td>16.28%</td>
<td>49.88%</td>
</tr>
<tr>
<td>Microchip Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>)</td>
<td>3.48%</td>
<td>-32.28%</td>
</tr>
<tr>
<td>Prologis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>)</td>
<td>18.86%</td>
<td>-7.25%</td>
</tr>
<tr>
<td>Interactive Brokers Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>)</td>
<td>12%</td>
<td>84.04%</td>
</tr>
<tr>
<td>Xylem Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYL#NYSE">XYL</a>)</td>
<td>12.88%</td>
<td>2.38%</td>
</tr>
<tr>
<td>Monster Beverage Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>)</td>
<td>4.47%</td>
<td>-6.58%</td>
</tr>
<tr>
<td>Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)</td>
<td>37.97%</td>
<td>-61.41%</td>
</tr>
<tr>
<td>Concentrix Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXC#NASDAQ">CNXC</a>)</td>
<td>3.72%</td>
<td>-36.66%</td>
</tr>
</tbody>
</table>
</figure>
Apart from these, the &#8216;Magnificent 7,&#8217; &#8216;Big Tech&#8217; and other U.S. giants also hire many immigrants and they can boost the U.S. government revenue by purchasing &#8216;Gold Cards&#8217; for their talented and deserving employees as suggested by Mark Cuban.
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose on Friday. The SPY was up 1.56% to $594.18, and the QQQ also advanced 1.56% to $508.10, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/44034837/soundhound-ais-polaris-outperforms-google-and-openai-forays-in-energy-sector-with-seven-figure-deal-amid-q4-beat">SoundHound AI Says Polaris Speech Recognition Model Outperforms Google, OpenAI: Company Forays Into Energy Sector With 7-Figure Deal</a></li>
</ul>
Photo courtesy: Shutterstock

News

Markets

CNXC

DASH

GEHC

IBKR

MCHP

MNST

SATS

SMCI

Mark Cuban Supports Trump's New 'Gold Card' Scheme If Sold To Corporations For Employee Citizenship: Here're The Listed-Companies With Most Number Of Immigrants

Analyst Ratings

AMGN

CNBC Halftime Report Final Trades: Amgen, Prologis, 3M Company, Visa

The Board of Directors of&nbsp;Prologis approved a plan to raise the company's annualized dividend by 5% to $4.04 per share of common stock.
The board declared a regular cash dividend for the quarter ending March 31, 2025, on the following securities:
<ul>
<li>A dividend of $1.01 per share of the company's common stock, payable on March 31, 2025, to common stockholders of record at the close of business on March 18, 2025;</li>
</ul>

Dividends

Reported Earlier, Prologis Increased Quarterly Dividend By 5% To $1.01 Per Share, Payable March 31

Prologis CEO Hamid Moghadam To Retire Jan. 1, 2026

Disclosed on February 6, Joseph Ghazal, Chief Investment Officer at Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: Ghazal's decision to sell 10,997 shares of Prologis was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001045609/000095017025015549//Archives/edgar/data/1045609/000095017025015549/0000950170-25-015549-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value of the sale is $1,305,783.
Prologis's shares are actively trading at $118.27, experiencing a down of 0.23% during Friday's morning session.
<h3>Delving into Prologis's Background</h3>
Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
<h3>Unraveling the Financial Story of Prologis</h3>
Revenue Growth: Over the 3 months period, Prologis showcased positive performance, achieving a revenue growth rate of 6.36% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 76.0%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Prologis's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 1.08.
</li>
</ul>
Debt Management: Prologis's debt-to-equity ratio is below the industry average at 0.61, reflecting a lower dependency on debt financing and a more conservative financial approach.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 35.81 is lower than the industry average, implying a discounted valuation for Prologis's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 14.32 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio of 20.89, the company's market valuation exceeds industry averages.
</li>
</ul>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Illuminating the Importance of Insider Transactions</h3>
Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001045609">Check Out The Full List Of Prologis's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Transaction: Joseph Ghazal Sells $1.31M Worth Of Prologis Shares

Prologis shares are trading lower after Raymond James downgraded the stock from Outperform to Market Perform.

Raymond James analyst Jonathan Hughes downgrades Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) from Outperform to Market Perform.

Downgrades

Raymond James Downgrades Prologis to Market Perform

Baird analyst David Rodgers maintains Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) with a Outperform and raises the price target from $123 to $124.

Price Target

Baird Maintains Outperform on Prologis, Raises Price Target to $124

UBS analyst Brent Dilts maintains Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) with a Buy and raises the price target from $121 to $137.

UBS Maintains Buy on Prologis, Raises Price Target to $137

During the last three months, 10 analysts shared their evaluations of Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>), revealing diverse outlooks from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">5</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $125.1, a high estimate of $134.00, and a low estimate of $104.00. A 2.04% drop is evident in the current average compared to the previous average price target of $127.70. 
<img src="https://www.benzinga.com/files/images/story/2025/1738011639_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Prologis. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$128.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Outperform</td>
<td>$133.00</td>
<td>$134.00</td>
</tr>
<tr>
<td>Ki Bin Kim</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$123.00</td>
<td>$121.00</td>
</tr>
<tr>
<td>Vikram Malhotra</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$117.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>David Rodgers</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$123.00</td>
<td>$124.00</td>
</tr>
<tr>
<td>William Crow</td>
<td>Raymond James</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$125.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>John Kim</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$104.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Ki Bin Kim</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$132.00</td>
<td>$137.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Outperform</td>
<td>$134.00</td>
<td>$136.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$132.00</td>
<td>$131.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Prologis. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Prologis compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
For valuable insights into Prologis's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PLD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Prologis analyst ratings.</a>
<h2>Unveiling the Story Behind Prologis</h2>
Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
<h3>Financial Milestones: Prologis's Journey</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Prologis's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 6.36%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Prologis's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 49.32% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Prologis's ROE stands out, surpassing industry averages. With an impressive ROE of 1.89%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.06%, the company showcases effective utilization of assets.
Debt Management: Prologis's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.61.
<h2>Analyst Ratings: What Are They?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where Prologis Stands With Analysts

RBC Capital analyst Brad Heffern maintains Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) with a Sector Perform and raises the price target from $125 to $128.

RBC Capital Maintains Sector Perform on Prologis, Raises Price Target to $128

Scotiabank analyst Nicholas Yulico maintains Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) with a Sector Outperform and lowers the price target from $134 to $133.

Scotiabank Maintains Sector Outperform on Prologis, Lowers Price Target to $133

Truist Securities analyst Ki Bin Kim maintains Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) with a Buy and raises the price target from $121 to $123.

Truist Securities Maintains Buy on Prologis, Raises Price Target to $123

A report on January 22, 2025 shows that Representative Thomas Kean from New Jersey purchase stock in Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>), valued between $1,001 and $15,000. According to the January filing, the transaction occurred on January 22, 2025.
At the time of writing, Prologis shares are trading up 2.7% at $118.24.
<h3>Representative's Recent Trading Activity</h3>
In the last three years, Thomas Kean completed 68 stock transactions totaling more than $320 thousand. Aon and Johnson &amp; Johnson stocks were among the largest trades. Some of the most notable transactions the Rep. has executed recently include: 
<ul>
<li>Liberty Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBTYK#NASDAQ">LBTYK</a>): $15,001 - $50,000 Purchase</li>
<li>Canadian Pacific Kansas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CP#NYSE">CP</a>): $1,001 - $15,000 Purchase</li>
<li>Pernod Ricard (OTC:<a class="ticker" href="https://www.benzinga.com/stock/PRNDY#OTC">PRNDY</a>): $1,001 - $15,000 Sale</li>
</ul>
Here's a summary of Thomas Kean's recent trades:
<table>
<thead>
<tr>
<th>Company</th>
<th>Ticker</th>
<th>Stock Type</th>
<th>Amount</th>
<th>Transaction Type</th>
<th>Transaction Date</th>
</tr>
</thead>
<tbody>
<tr>
<td>Canadian Pacific Kansas</td>
<td>CP</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2024-12-27</td>
</tr>
<tr>
<td>Pernod Ricard</td>
<td>PRNDY</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>S</td>
<td>2024-12-27</td>
</tr>
<tr>
<td>Alphabet</td>
<td>GOOG</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>S</td>
<td>2024-12-19</td>
</tr>
<tr>
<td>Abbott Laboratories</td>
<td>ABT</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2024-12-16</td>
</tr>
<tr>
<td>Franklin Resources</td>
<td>BEN</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>S (Partial)</td>
<td>2024-12-16</td>
</tr>
</tbody>
</table>
Stay informed on Thomas Kean's trades and other members of Congress with our real-time <a href="https://www.benzinga.com/gov-trades/members/thomas-kean">government trades tracking tool</a>!
<h3>The Importance of Congressional Transactions</h3>
A congressional transaction is when any representative or senator either buys or sells an individual stock.
Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date.
In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure.
<h3>The Importance of Congressional Transactions</h3>
Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider.
When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise.
A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

General

LBTYK

PERNOD RICARD S A SP/ADR by Pernod Ricard S.A.

PRNDY

New Jersey Rep. Thomas Kean Bought Up to $15K Worth of Prologis Stock

The S&amp;P 500 briefly hit 6,100 points on Wednesday, reaching a fresh all-time high as Wall Street embraced a powerful mix of strong corporate earnings and President Donald Trump's bold $500 billion artificial intelligence<a href="https://www.benzinga.com/25/01/43139410/softbanks-role-in-500-billion-stargate-ai-venture-seen-as-major-growth-driver-analyst-says"> initiative, dubbed &#8220;AI Stargate.&#8221; </a>
The project, designed to transform America's AI infrastructure, added fuel to a market already cheering on stronger-than-expected fourth-quarter earnings and rising hopes of Federal Reserve interest rate cuts later this year.
Mega-cap technology stocks and semiconductor giants led the charge, pushing the S&amp;P 500 — tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) — higher for the sixth time in the last seven sessions.
By midday Wednesday, the S&amp;P 500 hit 6,100.4 points, narrowly surpassing its previous record of 6,099 set on Dec. 6.
See Also: <a href="https://www.benzinga.com/25/01/43142623/happy-birthday-sp-500-spy-etf-if-you-invested-1000-in-spy-at-launch-heres-how-much-youd-have-today">Happy Birthday S&amp;P 500 SPY ETF! If You Invested $1,000 In SPY At Launch, Here&#8217;s How Much You&#8217;d Have Today</a>
<h3 class="wp-block-heading">AI Stargate: A Game-Changing Investment in AI Infrastructure</h3>
Trump unveiled AI Stargate on Jan. 21. The joint venture unites OpenAI, led by Sam Altman, SoftBank, backed by Masayoshi Son, and Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) to build next-generation AI infrastructure.
The project aims to invest up to $500 billion over four years to develop massive AI data centers across the U.S., starting with an initial $100 billion phase.
Trump hailed the initiative as a &#8220;declaration of confidence in America&#8217;s potential,&#8221; emphasizing its importance in keeping the future of AI technology within U.S. borders. 
AI Stargate is expected to create 100,000 jobs almost immediately, further boosting optimism about economic growth.
<h3 class="wp-block-heading">Earnings Strength Fuels Market Optimism</h3>
While AI excitement dominated headlines, a strong corporate earnings season provided the foundation for the market&#8217;s rally. 
As of Jan. 17, 81% of S&amp;P 500 companies reporting fourth-quarter results had exceeded Wall Street's profit forecasts, while 64% had beaten revenue estimates, according to FactSet.
Mega-cap firms reporting earnings this week — including Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), Charles Schwab Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>), Prologis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>), Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>), Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>), and Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) — all topped estimates, reinforcing investor confidence in corporate America&#8217;s strength.
&#8220;The S&amp;P 500's forward profit margin was at a record-high 13.6% during the January 18, 2025, week, up 0.9 percentage points from 12.7% a year earlier,&#8221; veteran investor Ed Yardeni said in a note Wednesday. 
&#8220;Corporate profitability should continue to improve even as Trump's administration faces a big fiscal headwind.&#8221;
<h2 class="wp-block-heading">Tech Titans Drive The Market Higher</h2>
The so-called &#8220;Magnificent 7&#8221; stocks were at the center of Wednesday's rally, with the Roundhill Magnificent Seven ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NASDAQ">MAGS</a>) climbing 1.5%.
Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) surged 4%, while Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) jumped 4.6%, reinforcing their dominance in the AI race. Chip stocks saw particularly strong gains as investors bet on increased demand for AI-related infrastructure. 
Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), the SoftBank-owned semiconductor design firm, soared 15%—its biggest single-day gain since February 2024.
SoftBank's 2024 annual report had described Arm as providing &#8220;the foundational technology for Artificial Super Intelligence,&#8221; a claim that now appears increasingly relevant as AI Stargate takes shape.
<h3 class="wp-block-heading">Six Stocks Powering The S&amp;P 500's Record High</h3>
Just a handful of companies were responsible for a significant portion of the broader market's surge on Wednesday. 
Nvidia and Microsoft alone contributed 53 basis points to the S&amp;P 500&#8217;s advance, while Netflix, Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and Oracle Corp. collectively added another 18 basis points.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Security Name</th>
<th>Price</th>
<th>Weight in S&amp;P 500</th>
<th>1-day %chg</th>
<th>Contribution to S&amp;P 500</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nvidia Corp.</td>
<td>$1,472.46</td>
<td>6.51%</td>
<td>4.55%</td>
<td>+29bp</td>
</tr>
<tr>
<td>Microsoft Corp.</td>
<td>$445.37</td>
<td>6.27%</td>
<td>3.94%</td>
<td>+24bp</td>
</tr>
<tr>
<td>Netflix Inc.</td>
<td>$952.64</td>
<td>0.72%</td>
<td>9.54%</td>
<td>+6bp</td>
</tr>
<tr>
<td>Amazon.com Inc.</td>
<td>$233.46</td>
<td>4.10%</td>
<td>1.19%</td>
<td>+5bp</td>
</tr>
<tr>
<td>Meta Platforms Inc.</td>
<td>$626.13</td>
<td>2.65%</td>
<td>1.57%</td>
<td>+4bp</td>
</tr>
<tr>
<td>Oracle Corp.</td>
<td>$184.92</td>
<td>0.51%</td>
<td>7.15%</td>
<td>+3bp</td>
</tr>
</tbody>
</table>
</figure>
Read now: 
<ul>
<li><a href="https://www.benzinga.com/25/01/43059744/exclusive-can-sp-500-repeat-large-gains-from-donald-trumps-first-term-a-second-time-around-readers-say-this-return-range-most-likely" target="_blank" rel="noreferrer noopener">Can S&amp;P 500 Repeat Large Gains From Trump's First Term A Second Time Around? Readers Say This&#8230;</a></li>
</ul>
Image: Shutterstock

S&P 500 Hits Fresh Records At 6,100: Strong Earnings, Trump's AI Wager Fuel Bull Run

Wall Street saw a strong preference for small and mid-cap equities, with the Russell 2000 index leading the market as investors bet on more domestic-friendly policies following Donald Trump's inauguration on Jan. 20 as <a href="https://www.benzinga.com/topic/donald-trump">the 47th U.S. president.</a>
The Russell 2000 rallied 1.7%, while other large-cap indices trailed behind. The Dow Jones, composed of non-tech blue-chip companies, rose by 1.2%, while both the S&amp;P 500 and the Nasdaq 100 edged up 0.9%.
Most sectors traded higher, except for energy. The announcement of a national energy emergency raised concerns about a fossil fuel oversupply, sending oil prices down more than 2%. WTI crude dropped to $72.10 per barrel.
In the Treasury market, yields fell as investors appeared convinced by Trump's pledges on inflation control and lower federal spending. The 10-year Treasury yield declined by five basis points to 4.58%.
One of the session's most notable moves came from Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), which plunged 4.3%, marking its worst trading day since early August 2024. The decline followed a downgrade by Jefferies, citing challenges in iPhone sales in China.
In commodities, gold climbed 1.2% to a two-month high, aiming for its ninth gain in the past eleven sessions, supported by lower Treasury yields. In the crypto space, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rebounded 3% to $106,000 after briefly touching $100,000 overnight amid the absence of crypto-related remarks from Trump on his first day in office.
<h1 class="wp-block-heading">Tuesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,314.89</td>
<td>1.7%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,995.44</td>
<td>1.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,053.00</td>
<td>0.9%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,630.38</td>
<td>0.9%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:20 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012125&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.9% to $602.64.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 1.1% to $439.55.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) edged 0.8% higher to $525.61.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 1.8% to $229.50.</li>
<li>The&nbsp;Industrials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) outperformed, up 2%; the&nbsp;Energy Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) lagged, down 0.3%.</li>
</ul>
<h1 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h1>
<ul>
<li>Charles Schwab Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) rallied 4.7%, eyeing the strongest session in over two months, after reporting stronger-than-expected quarterly results. </li>
<li>Other stocks reacting to earnings included Prologis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>), up 6.4%; 3M Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), up 5.5%; DR Horton Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>), down 0.4%; KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>), down nearly 5% and Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>), up 0.4%.</li>
<li>General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) soared by nearly 6% after Deutsche Bank upgraded the stock from Hold to Buy, and raised the price target from $56 to $60.</li>
<li>Companies slated to report earnings after the close include Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), Interactive Brokers Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>), Capital One Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) and United Airlines Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)</li>
</ul>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/25/01/43103527/mexican-peso-canadian-dollar-slide-as-trump-threatens-25-tariffs-expert-eyes-price-hikes-on-typical-us-breakfast">Mexican Peso, Canadian Dollar Slide As Trump Threatens 25% Tariffs, Economist Eyes Price Hikes On &#8216;Typical US Breakfast&#8217;</a></li>
</ul>
Photo: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Commodities

Treasuries

Global

$BTC

SPDR Dow Jones Industrial Average ETF Trust

FITB

Small Caps Soar, Apple Slips, Treasury Yields Fall On Trump Day 2: What's Driving Markets Tuesday?

Shares of real estate investment trust Prologis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) are rising after the <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/n43094703/prologis-reports-fourth-quarter-and-full-year-2024-results" rel="noreferrer noopener">company&#8217;s fourth-quarter FY24 earnings results</a>.
The company reported fourth-quarter rental and other revenue <a target="_blank" href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001045609/000095017025006999/pld-20250121.htm" rel="noreferrer noopener">growth of 10.3% year-on-year </a>to $1.937 billion, missing the analyst consensus estimate of $1.956 billion.
Core FFO of $1.50 <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beat the analyst consensus estimate of $1.39. </a>Owned &amp; Managed Average Occupancy was 95.6% and Prologis Share Average Occupancy was 95.8%.
Total expenses for the quarter increased 3.3% to $1.3 billion. Operating income for the quarter jumped 70% to $1.42 billion.
Diluted earnings per share for the quarter was $1.37 versus $0.68 last year. Adjusted EBITDA of $2.1 billion rose 22.5% Y/Y.
&#8220;We closed out 2024 with solid results. It was capped off with the sale of our Elk Grove data center – a turnkey facility under development – that led to significant value creation and demonstrated the end-to-end capabilities of our platform,&#8221; said Prologis president Dan Letter.
Prologis held $1.3 billion in cash and equivalents as of December 31, 2024.
Guidance: Prologis sees FY25 core FFO of $5.65 &#8211; $5.81 with an estimate of $5.77. The company expects Prologis Share Average Occupancy of <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">94.50% &#8211; 95.50%.</a>
Price Action: PLD shares are trading higher by 1.01% at $110.59 at the last check Tuesday.
Photo via Shutterstock.

Earnings

Guidance

Movers

Prologis Q4 Earnings: FFO Beat, Operating Income Surge And More

Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) just disclosed its Q4 earnings on Tuesday, January 21, 2025 at 08:00 AM.
Here's a brief overview of the earnings report.
<h3>Earnings</h3>
Prologis beat estimated earnings by 9.0%, reporting an EPS of $1.5 versus an estimate of $1.38.
Revenue was up $191.00 million from the same period last year.
<h3>Earnings History Overview</h3>
The company beat on EPS by $0.05 in the previous quarter, leading to a 3.0% drop share price change the next day.
Here's a look at Prologis's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.38</td>
<td>1.33</td>
<td>1.28</td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.43</td>
<td>1.34</td>
<td>1.28</td>
<td>1.26</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>1.90B</td>
<td>1.87B</td>
<td>1.87B</td>
<td>1.81B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>1.90B</td>
<td>1.85B</td>
<td>1.83B</td>
<td>1.76B</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Prologis management provided guidance for FY 2025, expecting earnings between $5.65 and $5.81 per share.
To track all earnings releases for Prologis <a href="https://www.benzinga.com/quote/PLD/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Comments

Prologis

뉴스

파트너 / 기고자

벤징가 글로벌