Is Prologis Inc (NYSE: PLD) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

PLD belongs to the Real Estate sector of the NYSE while operating in the REIT – Industrial industry. The current market capitalization of Prologis Inc is $106.83B. A total of 2.19 million shares were traded on the day, compared to an average of 4.30M shares.

In the most recent transaction, Connor James B. sold 21,419 shares of PLD for 130.40 per share on Dec 21 ’23. After the transaction, the Director now owns 0 company shares. In a previous transaction on Dec 20 ’23, Connor James B. sold 103,331 shares at 133.20 per share. PLD shares that Director owns now total 21,419.

Among the insiders who sold shares, FOTIADES GEORGE L disposed of 10,711 shares on Aug 01 ’23 at a per-share price of $123.98. This resulted in the Director holding 0 shares of PLD after the transaction.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Prologis Inc pays an annual dividend of $3.66, resulting in a dividend yield of 3.20%, and it has a price to earnings (P/E) ratio of 34.65. PLD’s most recent ex-dividend date was 6/17/2024 when it declared a $0.96 quarterly dividend that was paid in cash on 6/28/2024. Previously, the company paid the dividend on 3/29/2024 with an ex-dividend date of 3/15/2024. The PLD stock dividend was $0.96 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PLD has a high of $137.52 and a low of $96.64.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. PLD’s latest balance sheet shows that the firm has $556.12M in Cash & Short Term Investments as of fiscal 2021. There were $18.16B in debt and $2.03B in liabilities at the time. Its Book Value Per Share was $56.00, while its Total Shareholder’s Equity was $37.74B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PLD is Buy with a score of 4.43.

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