Stock of the Day

May 7, 2020

Prologis (PLD)

$121.01
+$0.11 (+0.1%)
Market Cap: $112.06B

About Prologis

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. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.

Prologis Bull Case

Here are some ways that investors could benefit from investing in Prologis, Inc.:

  • Prologis, Inc. has a strong market capitalization of $111.92 billion, indicating a robust financial position and stability in the logistics real estate sector.
  • The stock is currently priced at $120.84, which is near its 52-week high of $135.76, suggesting potential for growth as it approaches previous highs.
  • Recent analyst ratings show a consensus of "Moderate Buy" with a price target averaging $128.78, indicating positive sentiment and potential upside for investors.
  • The company has a solid dividend yield of 3.18%, providing investors with a steady income stream, which is particularly attractive in a low-interest-rate environment.
  • Prologis, Inc. is recognized as a leader in logistics real estate, focusing on high-barrier, high-growth markets, which positions it well for future demand in e-commerce and supply chain logistics.

Prologis Bear Case

Investors should be bearish about investing in Prologis, Inc. for these reasons:

  • The company has a high dividend payout ratio of 96.00%, which may raise concerns about sustainability, especially if earnings do not grow as expected.
  • Prologis, Inc. has a current ratio of 0.23, indicating potential liquidity issues, as it may struggle to cover short-term liabilities with its current assets.
  • Insider selling activity, such as the recent sale of 10,997 shares by the CIO, could signal a lack of confidence in the company's short-term performance.
  • The stock has experienced fluctuations, with a recent trading volume of 2,101,258 shares, which is below its average volume of 4,128,638, suggesting reduced investor interest.
  • Market analysts have mixed ratings, with one sell rating and several hold ratings, indicating uncertainty about the stock's future performance.

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