PLD Stock Recent News

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FIBRA Prologis released 4Q24 earnings, showing a combined $270 million in FFO, a low 5.5% yield on a $4.9 billion market cap. The company plans to sell 5% of total assets, mainly from Terrafina's non-core portfolio, amid market uncertainties from tariffs and trade agreements. Significant debt increase to $2.25 billion for Terrafina acquisition, with $500 million more in maturities by 2027, to be managed through asset sales.

PLD has experienced an impressive run of late. Let's delve deeper to check whether it is too late to buy the shares or if there is still an opportunity to accumulate them.

In the latest trading session, Prologis (PLD) closed at $122.77, marking a +0.5% move from the previous day.

SAN FRANCISCO , Feb. 27, 2025 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) today announced that Hamid Moghadam, co-founder, chairman and CEO; Dan Letter, president; and Tim Arndt, chief financial officer, will participate in the Citi 2025 Global Property CEO Conference at The Diplomat Beach Resort in Hollywood, Florida. Moghadam, Letter and Arndt will give a company overview, including a discussion of market conditions and the company's future outlook, followed by an informal question-and-answer session on Monday, March 3, at 11:00 a.m.

The Investment Committee give you their top stocks to watch for the second half.

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MEXICO CITY , Feb. 24, 2025 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today reported results for the fourth quarter and full year 2024. HIGHLIGHTS FROM THE YEAR: Acquired nearly 90 percent of FIBRA Terrafina outstanding shares Net effective rents on rollover were 55.4 percent.

In the closing of the recent trading day, Prologis (PLD) stood at $120.97, denoting a +0.06% change from the preceding trading day.

PLD's solid operating platform and prudent financial management position it to capitalize on growth opportunities and reward its shareholders.