Prologis, Inc. (PLD) is trading at $142.13, up $2.11 (1.51%) from the previous close of $140.02. The trading volume is $586,999, which is 16.69% higher than average. The asset exhibits positive movement amidst market fluctuations.
The latest quarterly earnings report for PLD, released on Wednesday, April 15th, shows a consensus estimate EPS of 0.806. The company continues to maintain a steady financial performance.
PLD offers a forward dividend yield of 3% with a dividend per share MRQ of $1.07, reflecting a year-over-year increase. The total dividend per share for the trailing twelve months stands at $4.1.
Scotiabank issued an "Outperform" grade for PLD on April 21, maintaining its previous rating. Investors are advised to hold the asset based on the analyst's recommendation.
PLD reports a free cash flow of $1.16 billion, with no stock-based compensation or acquisitions. The net change in cash is -$40.38 million, indicating a stable cash position.
With a revenue of $2.30 billion and a net income of $981.98 million, PLD demonstrates strong profitability. The company's EBITDA is $2 billion, contributing to a positive operating income of $827 million.
PLD's financial ratios reveal a healthy net profit margin of 42.74% and a price-earnings ratio of 31.34. The asset maintains a strong operating profit margin of 36%, reflecting efficient operational performance.
The balance sheet shows total assets of $98.72 billion, with cash and cash equivalents amounting to $1.15 billion. The company's total liabilities stand at $40.97 billion, indicating a stable financial position.
This comprehensive financial report highlights PLD's robust performance and financial stability in the current market environment. Investors can monitor the asset's consistent growth and profitability.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.