PLD Stock Recent News

Prologis' accelerating earnings growth bodes well for its ability to continue increasing its dividend at a brisk pace.

PLD's Q3 FFO beat estimates, benefiting from a rise in rental revenues and healthy leasing activity. However, high interest expenses are a concern.

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).

Ongoing flight to quality within the industry SAN FRANCISCO , Oct. 16, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the following results for the quarter ended September 30, 2024, as compared to the corresponding period in 2023: Net earnings per diluted share was $1.08 and increased 35.0%, primarily due to higher disposition gains. Core funds from operations (Core FFO)* per diluted share was $1.43 and increased 10.0%.

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.

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.

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

MEXICO CITY , Oct. 10, 2024 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class-A industrial real estate in Mexico, has acquired one building from Prologis located in Tijuana for a purchase price of US$63.7 million ($155/square feet), including closing costs. This 411,000 square foot multi-customer facility is fully leased in dollars.

SAN FRANCISCO , Sept. 30, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, is marking the 20th anniversary of its U.S. Logistics Fund (USLF), one of its private flagship investment funds, with an assets under management (AUM) of $24 billion.

Predictable cash flows, strong balance sheets and attractive yields already from the start are the most common properties the retirement investors are seeking in their portfolio. By doing a proper due diligence, investors can find these elements in infrastructure and real estate segments. In this article, I present two closed-end funds that, in my opinion, could be easily included in retirement income seeking portfolios if the objective is high and sustainable income.