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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Prologis

Prologis, Inc. engages in the provision of real estate investment trust services. It operates through Real Estate Operations and Strategic Capital segments. The Real Estate Operations segment represents the ownership and development of logistics properties and also includes rental revenues, recoveries and expenses recognized from its consolidated properties. The Strategic Capital segment represents the management of co-investment ventures and other unconsolidated entities. The company was founded by Hamid R. Moghadam in 1991 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Prologis exceeds Q4 forecasts, eyes rent growth and development opportunities

Prologis reported outstanding Q4 2022 earnings, with strong leasing metrics and financial performance. Despite challenges from fund redemptions and market uncertainties, the company remains optimistic about rent growth and development opportunities in 2023.

Prologis reports strong Q1 performance, eyes growth amid market challenges

Prologis delivered a robust performance in Q1 2023, marked by high occupancy rates, record same-store growth, and strategic financial maneuvers to enhance liquidity and core FFO projections.
While facing challenges in moderating construction costs and potential rising vacancy rates, the company's strengths in tenant retention, market positioning, and credit stability position it well for future growth.
Opportunities lie in capitalizing on market rent growth projections, investing in property funds, and leveraging stable consumer behavior and e-commerce trends for sustained success.
Prologis remains resilient in navigating market dynamics, celebrating its 40th anniversary with a forward-looking approach to drive shareholder value and capitalize on emerging opportunities.

Prologis surpasses Q2 forecasts, eyes global growth amid market challenges

Prologis demonstrated strong financial performance, highlighted by exceeding earnings expectations and strategic acquisitions. While facing challenges in specific markets, the company's focus on global diversification and long-term growth positions them well for future opportunities. By leveraging market trends and maintaining a solid balance sheet, Prologis aims to drive sustained growth and value for investors.

Prologis reports strong Q3 performance amidst market challenges and opportunities

Prologis remains confident in its long-term performance and growth opportunities despite challenges in certain markets. The company adjusted guidance with a focus on increased occupancy and same-store growth, while maintaining a cautious outlook on geopolitical risks and market uncertainties.

Prologis reports resilient earnings growth and eyes international market opportunities

Prologis reported a successful year with 11% earnings growth and $7 billion deployed into new investments. Despite challenges in market vacancy and declining global rents, the company remains resilient.
The focus on international markets, strong acquisition pipeline, and strategic forecasting of positive rent growth align Prologis for continued success in 2024. Challenges in development starts and market dynamics require proactive strategies.
Opportunities lie in market rent growth, increased net absorption, and adapting to changing tenant mindsets. Prologis' strengths in high occupancy, diverse portfolio, and sustainability initiatives position it well for future growth.
Navigating challenges in market trends and seizing opportunities for expansion and profitability will be key for Prologis in the coming year. The company's ability to leverage strengths and address challenges will determine its success in a dynamic market environment.

Prologis reports strong Q1 earnings amidst market challenges

Prologis had a strong financial performance in Q1 2024 but faced challenges due to market conditions. Despite geopolitical concerns and rising interest rates, the company remains confident in its long-term prospects.

Prologis excels in Q2 with robust leasing and occupancy performance

Prologis delivered a strong performance in Q2, surpassing expectations in leasing and occupancy. While facing challenges in decision-making and market uncertainties, the company remains well-positioned to capitalize on growth opportunities.

Prologis reports solid Q3 results, eyes sustainability and global growth

Prologis had a robust quarter with strong financial performance and strategic initiatives
While facing challenges like market rent declines, the company remains optimistic about its outlook
Opportunities lie in sustainability efforts, market expansion, and operational efficiency
Overall, Prologis is well-positioned to navigate market dynamics and drive growth

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Prologis, Inc. engages in providing logistics solutions and services. It operates in the Real Estate and Strategic Capital segments. The Real Estate segment represents the ownership and development of operating properties and is the largest component of revenue and earnings. The Strategic Capital segment refers to the management of co-investment ventures and other unconsolidated entities. The company was founded by Hamid R. Moghadam in 1991 and is headquartered in San Francisco, CA.

Prologis is pivoting to AI infrastructure by investing in data centers, aiming to diversify its industrial REIT portfolio and capitalize on higher-margin opportunities. The partnership with Skybox Datacenters and a $7.5 billion investment plan target significant growth, leveraging Prologis' vast real estate and clean energy expertise. Data center investments could potentially rake 50% to 100% margin gains and better FFO, despite higher initial Capex compared to warehouses.

Prologis: Pivoting To AI Data Centers In A Profitable Way

Prologis, the largest industrial REIT globally, faces a tough market with slow tenant decision-making and oversupply, impacting rent growth and occupancy rates. Despite a decrease in occupancy to 96.4% in Q2 2024, Prologis' performance aligns with management's cautious market outlook. Management expects further market challenges, including potential occupancy declines and continued rent drops, indicating the market hasn't peaked in harsh conditions yet.

Prologis Remains My Go-To Industrial REIT - 3 Updates

Prologis Inc. is a global leader in logistics, with 115 million square meters of real estate under management, crucial for global trade, and poised to benefit from economic recovery. Despite recent challenges, Prologis' stock has shown resilience, and with monetary easing and rising eCommerce, it presents a strong investment opportunity. Prologis offers a 3% dividend yield, has a pristine balance sheet, and is positioned to capitalize on macroeconomic tailwinds and AI-driven demand for data centers.

Prologis To Benefit From Tailwinds In Logistics And In AI

Prologis (PLD) reachead $129.28 at the closing of the latest trading day, reflecting a -0.54% change compared to its last close.

Prologis (PLD) Stock Slides as Market Rises: Facts to Know Before You Trade

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PLD is set to gain from its strategically located distribution facilities, prudent buyouts and solid balance sheet despite subdued demand and high interest rates.

Here's Why You Should Hold Prologis Stock in Your Portfolio

In the most recent trading session, Prologis (PLD) closed at $132.40, indicating a +1.65% shift from the previous trading day.

Why Prologis (PLD) Outpaced the Stock Market Today

Prologis, Inc. (NYSE:PLD ) 2024 Bank of America Global Real Estate Conference Call September 10, 2024 12:45 PM ET Company Participants Tim Arndt - Chief Financial Officer Conference Call Participants Camille Bonnel - Bank of America Camille Bonnel Good afternoon and welcome everyone to our afternoon session with Prologis. My name is Camille Bonnel; I am the Industrial REIT Analyst here at Bank of America.

Prologis, Inc. (PLD) 2024 Bank of America Global Real Estate Conference (Transcript)

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I focus on bottom-up analysis, identifying companies with strong operational performance and balance sheets that can weather Black Swan events, regardless of stock market fluctuations. Realty Income, Agree Realty, NNN REIT, Regency Centers, Kimco Realty, Mid-America Apartment, Camden Property Trust, Prologis, Rexford Industrial Realty, and VICI Properties are evaluated for their resilience. Realty Income, NNN REIT, Kimco Realty, Mid-America Apartment, Camden Property Trust, and Rexford Industrial Realty are rated as Buys due to their strong fundamentals and consistent performance.

10 SWANs For The Next Black Swan

SAN FRANCISCO , Sept. 5, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced that Tim Arndt, chief financial officer, will present at the BofA Securities 2024 Global Real Estate Conference at the Bank of America Tower in New York City on Tuesday, September 10, at 12:45 p.m.

Prologis to Participate in BofA Securities 2024 Global Real Estate Conference

SAN FRANCISCO , Sept. 3, 2024 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) declared a regular cash dividend for the quarter ending September 30, 2024, on the following securities: A dividend of $0.96 per share of the company's common stock, payable on September 30, 2024, to common stockholders of record at the close of business on September 16, 2024; and A dividend of $1.0675 per share of the company's 8.54% Series Q Cumulative Redeemable Preferred Stock, payable on September 30, 2024, to Series Q stockholders of record at the close of business on September 16, 2024.

Prologis Declares Quarterly Dividend

Prologis (PLD) closed the most recent trading day at $128.37, moving +0.43% from the previous trading session.

Prologis (PLD) Rises As Market Takes a Dip: Key Facts

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PLD is poised to gain from its strategically located modern distribution facilities in key markets globally, scale, prudent buyouts and development.

Prologis Up 19% in Three Months: Will It Continue to Rise?

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REITs trade on AFFO, but the market often overlooks the quality of AFFO growth, leading to mispricings. AFFO growth sources vary in quality; repeatable sources like rental rate growth are more valuable than one-time or cyclical gains. Capital structure changes like debt paydown and share buybacks can enhance AFFO quality by reducing risk and demonstrating management alignment.

Assessing Quality Of REIT Earnings

In the most recent trading session, Prologis (PLD) closed at $128.94, indicating a +0.03% shift from the previous trading day.

Prologis (PLD) Rises But Trails Market: What Investors Should Know

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Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. With one company from each of the 19 equity REIT sectors, I offer a starting lineup of 11 companies, 6 reserves, and 2 water boys, for a solid REIT portfolio.

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Prologis is an industrial REIT focused on logistics properties, with the majority of net operating income coming from the United States. Prologis has underperformed the Vanguard Real Estate Index Fund ETF in 2024. Even so, I am neutral on the shares due to low gearing and elevated valuation. Q2 2024 results were robust in the core Rental Operations segment but saw weakness in Strategic Capital and occupancy developments.

Prologis: Low Leverage Offsets Robust Leasing Spreads

Prologis (PLD) closed the most recent trading day at $124.47, moving +0.26% from the previous trading session.

Prologis (PLD) Advances But Underperforms Market: Key Facts

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REITs have rallied strongly recently, with a 7.93% increase in the past 3 months. Recent economic data suggests rate cuts have changed sentiment towards the real estate sector rapidly. Blue chip REITs still offer upside potential, with UDR, Rexford, and Invitation Homes standing out as potential best values.

10 REITs With The Best Risk Ratings

SAN FRANCISCO , Aug. 19, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE:PLD), the global leader in logistics real estate, today announced that Ted Eliopoulos is joining the company as managing director, Strategic Capital. A seasoned and respected investment management executive, Eliopoulos will help Prologis continue to grow its private investment business, bringing years of experience and deep expertise.

TED ELIOPOULUS JOINS PROLOGIS AS SENIOR PRIVATE INVESTMENT EXECUTIVE

Prologis is the largest owner and operator of industrial real estate globally, with a focus on high-growth markets and a diverse tenant base. Series Q preferred shares have rallied 14% to $62/share, now trading at a 24% premium to liquidation preference with a yield-to-call of -1%. With a call date in 2026, the significant premium to liquidation preference and negative YTC lead to a Sell rating.

Prologis Series Q Preferred: Not At These Prices

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Prologis (PLD) reported earnings 30 days ago. What's next for the stock?

News for Prologis Stock (PLD)