3% Yield And Double-Digit Growth: Why Prologis Remains One Of The Best REITs Money Can Buy
Prologis excels in high-demand markets like Southern California and Chicago, providing a strategic edge and stability through top-tier tenants like Amazon and Walmart. Despite no competitive moat, Prologis leverages prime locations and mark-to-market rent potential to drive growth, outperforming the S&P 500 and REIT peers. The company's strong financials, including a 96.2% occupancy rate and robust dividend growth, highlight its resilience and attractiveness for long-term investors.
This Top Dividend Stock Is Growing More Optimistic About What's Ahead
Prologis' accelerating earnings growth bodes well for its ability to continue increasing its dividend at a brisk pace.
Prologis, Inc. (PLD) Q3 2024 Earnings Call Transcript
Prologis, Inc. (NYSE:PLD ) Q3 2024 Earnings Conference Call October 16, 2024 12:00 PM ET Company Participants Justin Meng - Senior Vice President, Head of Investor Relations Tim Arndt - Chief Financial Officer Dan Letter - President Chris Caton - Managing Director Conference Call Participants Tom Catherwood - BTIG Vikram Malhotra - Mizuho John Kim - BMO Capital Markets Steve Sakwa - Evercore ISI Michael Goldsmith - UBS Craig Mailman - Citi Caitlin Burrows - Goldman Sachs Vince Tibone - Green Street Ronald Kamdem - Morgan Stanley Blaine Heck - Wells Fargo Nick Thillman - Baird Josh Dennerlein - Bank of America Mike Mueller - JPMorgan Nicholas Yulico - Scotiabank Todd Thomas - KeyBanc Capital Markets Brendan Lynch - Barclays Operator Greetings, and welcome to the Prologis Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Prologis' Q3 FFO Beat Estimates, Rental Revenues Improve Y/Y
PLD's Q3 FFO beat estimates, benefiting from a rise in rental revenues and healthy leasing activity. However, high interest expenses are a concern.
Industrial Real Estate Giant Prologis Tops Estimates, Gives Solid Guidance
Shares of Prologis (PLD) advanced Wednesday when the largest industrial real estate firm posted better-than-anticipated results and solid guidance on strong funds from operations (FFO).
Prologis (PLD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Prologis (PLD) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Prologis (PLD) Q3 FFO Beat Estimates
Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.43 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to FFO of $1.30 per share a year ago.
Earnings Exchange: United Airlines, JB Hunt, & Prologis
Jeff Kilburg, CEO of KKM Financial, joins CNBC's 'The Exchange' to discuss three stocks: United Airlines, JB Hunt, and Prologis.
Key Factors Likely to Impact Prologis This Earnings Season
While PLD Q3 earnings are likely to have gained from its premium facilities and expansion efforts, high supply and high interest expenses might have hurt it.
Prologis: Despite Temporary Headwinds, Shares Likely To Perform Well Long Term
Prologis is more than a simple REIT, boasting competitive advantages, a strong balance sheet, and global scale, deserving a premium valuation. Despite temporary headwinds like higher interest rates and excess warehouse supply, Prologis maintains high occupancy and strong rent changes. Growth opportunities include developing data centers and energy services, with significant potential in solar, storage, and EV charging.
What Analyst Projections for Key Metrics Reveal About Prologis (PLD) Q3 Earnings
Besides Wall Street's top -and-bottom-line estimates for Prologis (PLD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Prologis (PLD) Stock Sinks As Market Gains: Here's Why
Prologis (PLD) closed the most recent trading day at $119.34, moving -0.55% from the previous trading session.
