PLD Stock Recent News
PLD LATEST HEADLINES
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
REITs are down almost 5% YTD and have underperformed in the past two years. Mid-America Apartment Communities, Realty Income, Prologis, Agree Realty, and VICI Properties are high-quality REITs with strong fundamentals. These REITs have well-covered and growing dividends, trading discounted, and are rated as a Buy.
In the most recent trading session, Prologis (PLD) closed at $111.28, indicating a -0.9% shift from the previous trading day.
In the latest trading session, Prologis (PLD) closed at $111.58, marking a +0.37% move from the previous day.
Prologis (PLD) reachead $111.17 at the closing of the latest trading day, reflecting a +0.88% change compared to its last close.
Prologis trades at a lower dividend yield compared to other REITs, given its history of growth. It has a strong portfolio of warehouses that support the logistics of the e-commerce industry. The future growth of Prologis may be hindered as higher interests rates have slowed acquisitions and inflation threatens consumer spending.
PLD's share price has dropped significantly, leaving the Company undervalued. While the industry faces some headwinds, there are signs of an upcoming shift in the market conditions that could lead to an increasingly favorable supply-to-demand relationship. PLD owns a high-quality, well-located property portfolio with a mission-critical character to its tenants, has a fortress-like balance sheet, an impressive land bank, and a robust development pipeline.
This article is about my personal experience of losing everything in the 2008 financial crisis. I caution against getting involved in meme stocks and highlight the importance of safe investments. Here are three reliable REITs that provide consistent dividends and long-term growth potential.
Prologis (PLD) closed the most recent trading day at $108.77, moving +1.28% from the previous trading session.
Prologis (PLD) concluded the recent trading session at $105, signifying a +0.24% move from its prior day's close.