Prologis Inc (NYSE: PLD) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted Prologis Announces Tax Treatment of 2023 Dividends.

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Stocks Info

Prologis Inc is listed on the NYSE in the Real Estate sector while operating in the REIT – Industrial industry. At the end of the last regular session, the stock closed at $129.25 and fluctuated between $130.27 as its day high and $126.50 as its day low. The current market capitalization of Prologis Inc is $120.53B. A total of 4.19 million shares were traded on the day, compared to an average of 3.57M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, PLD has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 8,605 shares. Over the last 12 months, there were 9 BUYs and 6 SELLs from insiders. Insiders purchased 1,038,148 shares during that period but sold 1,050,324.

In the most recent transaction, Connor James B. sold 21,419 shares of PLD for 130.40 per share on Dec 21. After the transaction, the Director now owns 0 company shares. In a previous transaction on Dec 20, Connor James B. sold 103,331 shares at 133.20 per share. PLD shares that Director owns now total 21,419.

Among the insiders who sold shares, FOTIADES GEORGE L disposed of 10,711 shares on Aug 01 at a per-share price of $123.98. This resulted in the Director holding 0 shares of PLD after the transaction.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Prologis Inc pays an annual dividend of $3.71, resulting in a dividend yield of 2.87%, and it has a price to earnings (P/E) ratio of 40.70. PLD’s most recent ex-dividend date was 12/15/2023 when it declared a $0.87 quarterly dividend that was paid in cash on 12/29/2023. Previously, the company paid the dividend on 9/29/2023 with an ex-dividend date of 9/15/2023. The PLD stock dividend was $0.87 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for PLD in the last 3 months, the mean price target is $143.67 with high estimates of $163.00 and low estimates of $128.00. In terms of 52-week highs and lows, PLD has a high of $137.52 and a low of $96.64.

As of this writing, PLD has an earnings estimate of $0.58 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.63 per share and a lower estimate of $0.53. The company reported an EPS of $0.8 in the last quarter, which was 40.40% higher than expectations of $0.57.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. PLD’s latest balance sheet shows that the firm has $556.12M in Cash & Short Term Investments as of fiscal 2021. There were $18.16B in debt and $2.03B in liabilities at the time. Its Book Value Per Share was $56.55, while its Total Shareholder’s Equity was $37.74B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PLD is Buy with a score of 4.64.

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