PLD has experienced an impressive run of late. Let's delve deeper to check whether it is too late to buy the shares or if there is still an opportunity to accumulate them.
In the latest trading session, Prologis (PLD) closed at $122.77, marking a +0.5% move from the previous day.
In the closing of the recent trading day, Prologis (PLD) stood at $120.97, denoting a +0.06% change from the preceding trading day.
PLD's solid operating platform and prudent financial management position it to capitalize on growth opportunities and reward its shareholders.
Prologis (PLD) reported earnings 30 days ago. What's next for the stock?
Prologis, Inc. “beat” estimates for Q4 2024 wile guiding down for 2025. Despite assuming a mid-year turnaround, the estimates were lower than where analysts stood. Over the last two years, 2026 estimates over 10%.
The Bank of England cut its key interest rate to 4.5% due to economic concerns and U.S. tariff threats, impacting global trade patterns. Rexford Industrial is rated as a speculative buy due to its concentrated geographic exposure and weaker than expected 2025 guidance, despite solid financial discipline. Prologis maintains a buy rating with a diversified portfolio and strong credit metrics, though near-term choppiness is expected due to tariff uncertainties.
Prologis (PLD) isn't just the largest owner of industrial real estate; it is the largest real estate investment trust of any kind. Despite strong results, the stock is down about 35% from its all-time high.
Prologis stands out due to its strong balance sheet, attractive valuation, robust acquisition pipeline, and resiliency against inflationary pressures. PLD benefits from long-term e-commerce growth, a limited supply of high-value industrial real estate, and innovative initiatives in renewable energy and data centers. With a 3.2% dividend yield, solid recent performance, and a forward P/FFO below its historical average, PLD offers market-beating return potential.
On the back of a solid quarterly earnings report at the start of the week, the upward momentum of Prologis (PLD 2.96%) stock continued through Thursday's trading session. This was helped by a price target raise by one of the analysts tracking the big real estate company; as a result, Prologis's share price closed the day 3% higher.
PLD is poised to benefit from its strategically located distribution facilities and solid balance sheet, though subdued demand and high-interest expenses remain concerns.
PLD's Q4 results reflect a year-over-year rise in rental and strategic capital revenues.