MARKET COMPOSITE
PLD - Prologis Inc8:00:01 PM 4/26/2024
Price
$104.06
+ 0.71 (0.69%)
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities, with a focus on the consumption side of the global supply chain. The company was formed through the merger of AMB Property Corporation and ProLogis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 31, 2019, the company owned 3,840 buildings comprising 814 million square feet in 19 countries in North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves over 5,000 tenants. Prologis created a venture capital arm in 2016. Since 2016, the company has published white papers and its own market research, including the quarterly Industrial Business Indicator and the annual Prologis Logistics Rent Index.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue2B+4%
Operating Income720.4MM-14%
Operating Expenses1.2B-
Net Income585.7MM-7%
G&A111.3MM+13%
Amortization637.5MM-0%
Interest Expense193.3MM+11%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Earnings are crucial for the share price of a stock to appreciate. But often, even good earnings fail to lift a stock if a company's forward guidance is weaker than analysts expect. Prologis Inc. (NYSE:PLD) investors recently found this out as its shares were hit hard following the announcement that while core funds from operations (FFO) matched estimates, Prologis had revised full-year 2024 core FFO lower. Prologis subsequently lost almost 10% within a week. Investors must also look at forward

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