Economic concerns like tariffs and potential GDP contraction could impact industrial REIT demand, disrupting consumer spending and global trade. Meanwhile, corporate yields in the Prologis debt rating category remain high. Prologis has shown consistent FFO growth, a strong balance sheet, and an attractive core FFO 5-year CAGR of 10.7%. This is coupled with a valuation that is discounted to its history. Although the outlook doesn't seem bullish, it's not the time to panic over a strong company with undervalued shares.
The latest trading day saw Prologis (PLD) settling at $112.34, representing a +0.8% change from its previous close.
A decade is a very long time on Wall Street, but I'm confident in my thinking that AGNC Investment's (AGNC -1.04%) shares will be worth less than those of Prologis (PLD -0.26%) and Rexford Industrial (REXR) in 10 years. Here's why I believe investors who want a combination of income and capital appreciation will likely be better off with these two property-owning real estate investment trusts over mortgage-focused AGNC.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
In the most recent trading session, Prologis (PLD) closed at $110.26, indicating a +1.7% shift from the previous trading day.
In the most recent trading session, Prologis (PLD) closed at $112.38, indicating a -1.8% shift from the previous trading day.
Prologis, the largest REIT by market cap, excels in logistics and industrial real estate, benefiting from e-commerce and increasingly AI-driven data centers. Despite strong financial performance, Prologis faces pressure from elevated interest rates and increased industrial real estate construction, keeping its stock range-bound. Prologis' prime real estate portfolio, rental growth potential, and expansion into AI data centers make it a compelling long-term investment.
Economic uncertainty and sector rotation have impacted REITs, with Prologis outperforming data center REITs like Equinix since the start of the year. Despite cooling industrial markets and rising vacancy rates, PLD's valuation and dividend yield presented a strong buy opportunity in December. PLD's recent performance includes a 17% share price increase and a 5% dividend hike, driven by strong leasing activity and data center expansion.
Explore the exciting world of Prologis (PLD -0.32%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
PLD is poised to gain from its strategically located modern distribution facilities, prudent buyouts and development and healthy balance sheet.
Prologis, Inc. (NYSE:PLD ) Raymond James & Associates' 46th Annual Institutional Investors Conference March 4, 2025 9:50 AM ET Company Participants Tim Arndt - Chief Financial Officer Conference Call Participants Jonathan Hughes - Raymond James Jonathan Hughes Right. Good morning, everyone.
FIBRA Prologis released 4Q24 earnings, showing a combined $270 million in FFO, a low 5.5% yield on a $4.9 billion market cap. The company plans to sell 5% of total assets, mainly from Terrafina's non-core portfolio, amid market uncertainties from tariffs and trade agreements. Significant debt increase to $2.25 billion for Terrafina acquisition, with $500 million more in maturities by 2027, to be managed through asset sales.