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. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Prologis (PLD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Prologis currently has an averag ...

Prologis (PLD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this industrial real estate developer have returned -17.9% over the past month versus the Zacks S&P 500 composite's -2.5% change. The Zacks REIT and Equity Trust - Other industry, to which Prologis belongs, has lost 8.4% over this period. Now the key question is: Where could the stock be headed in the near ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number: 001-13545 (Prologis, Inc.) 001-14245 (Prologis, L.P.) Prologis, Inc. Prologis, L.P. (Exact name of registrant as sp ...

This leading REIT has a lot of hidden potential and is well off its highs. Prologis (PLD -1.15%) is the largest real estate investment trust in the market, but the logistics real estate giant could still have lots of upside potential. Not only that, but the stock is down by about 20% from its recent highs. In this video, I'll give the details about why I'm finally planning to add Prologis to my portfolio. *Stock prices used were the afternoon prices of April 17, 2024. The video was published on April 18, 20 ...

Prologis expects some near-term headwinds to weigh on its growth this year. Prologis (PLD -7.19%) has done an incredible job paying dividends over the years. The real estate investment trust (REIT), focused on logistics properties, has grown its payout at a 13% compound annual rate over the last five years. That's more than double the 5% dividend growth rate of the S&P 500 and the average REIT. The industrial REIT had initially expected that 2024 would be another strong year. However, some near-term headwin ...

财务数据和关键指标变化 - 第一季度核心FFO(不含促销收益)为每股1.31美元,包含净促销费用为每股1.28美元,基本符合预期 [14] - 季末投资组合出租率为97%,美国市场自2022年夏季峰值以来下降310个基点,而公司投资组合仅下降80个基点 [15] - 净有效租金变化为68%,基于新签约,为70%,目前净有效租金溢价为50%,相当于超过22亿美元的租金增长空间 [16][17] - 现金净同店增长为5.7%,净有效净同店增长为4.1%,受到一次性调整项和去年低基数的影响 [17] 各条业务线数据和关键指标变化 - 公司在本季度开始了2.7亿美元的新开发项目,投资组合达到75亿美元,预计创造超过17亿美元的价值 [18] - 能源业务方面,公司签署了405兆瓦的长期储能合同,并交付了美国最大的电动车充电项目 [19] 各个市场数据和关键指标变化 - 南加州租赁活动疲软,但租金增长仍保持强劲,该市场第一季度租金增长120%,内陆帝国达156% [26][27] - 欧洲整体租金有所增长,拉美地区表现出色 [28] - 全球市场租金小幅下降1%,主要受南加州影响,剔除该地区则略有上升 [28] 公司战略和发展方向及行业竞争 - 公司将开发投资组合从25亿美元至30亿美元,反映了对需求放缓的谨慎态度 [37] - 公司认为未来12-18个月供给将大幅下降,为未来恢复奠定基础 [13][29] - 公司积极关注收购机会,但更专注于开发自有土地储备,这提供了380亿美元的开发潜力,回报率约8.5% [33] 管理层对经营环境和未来前景的评论 - 宏观经济数据保持强劲,但租赁活动和净吸纳低于预期,主要受利率上升和地缘政治风险影响 [21][24][78] - 南加州和少数高租金市场表现疲软,但大多数市场租金保持平稳或小幅上涨 [26][27][28] - 公司预计未来几个季度吸纳将低于预期,但长期前景仍然乐观 [12][13][39] 问答环节重要的提问和回答 问题1 **Caitlin Burrows提问** 出租率和定价低于预期,是否主要受宏观因素还是特定市场影响 [42] **Chris Caton回答** 两者因素都有,南加州等高租金市场表现疲软,但整体客户需求也低于预期 [43] 问题2 **Steve Sakwa提问** 公司在过去30-45天内对前景看法发生较大变化的原因 [45] **Tim Arndt回答** 公司并未发生急剧变化,只是根据最新市场情况适当调整了短期指引,长期前景不变 [46] 问题3 **Michael Goldsmith提问** 需求推迟的证据是什么,与公司的内部指标有何差异 [48] **Chris Caton回答** 一些客户暂时利用现有库存应对需求,但已有领先企业开始积极租赁,只是整体市场转化速度较慢 [49][50]

Prologis公司财务表现 - Prologis公司2024年第一季度核心资金运营（FFO）每股盈利为1.28美元，与Zacks Consensus Estimate一致[1] - 公司的租金收入为18.3亿美元，超过了Zacks Consensus Estimate的18.1亿美元，同比增长[3] - 公司在1-3月季度的现金租金变化为48.2%，现金同店净营业收入（NOI）增长5.7%[6] Prologis公司运营情况 - 公司拥有和管理的投资组合中，第一季度启动了48.1百万平方英尺的租赁，保留率为74.3%[4] - 公司在第一季度的建筑收购金额为500万美元，开发稳定化金额为5.17亿美元[7] - 公司在2024年第一季度结束时，现金及现金等价物为5.06亿美元，总流动性为58.5亿美元[9] Prologis公司财务状况 - 公司的债务占总市值的比例为21.0%，总债务的加权平均利率为3.1%，无重大债务到期直至2026年[10] - Prologis及其合作投资公司在报告季度发行了41亿美元的债务，加权平均利率为4.7%，加权平均期限为9.5年[11] - 公司下调了2024年核心FFO每股盈利指导范围至5.37-5.47美元，低于之前的5.42-5.56美元，预计平均占用率将下降[12]

For the quarter ended March 2024, Prologis (PLD) reported revenue of $1.83 billion, up 11.9% over the same period last year. EPS came in at $1.28, compared to $0.50 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.81 billion, representing a surprise of +1.00%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.28. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compa ...

Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.28 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1.22 per share a year ago. These figures are adjusted for non- recurring items. A quarter ago, it was expected that this industrial real estate developer would post FFO of $1.26 per share when it actually produced FFO of $1.26, delivering no surprise. Over the last four quarters, the company has surpassed consensus FFO estimates two times. Prologis, which ...

财务表现 - 第一季度2024年，Prologis的每股稀释净收益为0.63美元，较去年同期的0.50美元增长26%[2] - 第一季度2024年，Prologis的核心经营资金（Core FFO）每股稀释收益为1.28美元，较去年同期的1.22美元增长5%[3] - Prologis预计2024年净收益为每股3.15至3.35美元，核心FFO为每股5.37至5.47美元[10] 资产负债表 - Prologis的资产负债表强劲，截至2024年3月31日，债务占总市值的比例为21.0%，总债务的加权平均利率为3.1%[6] - Prologis通过在投资货币中借款和使用衍生金融工具来对冲外汇波动风险，截至2024年3月31日，96.5%的股本为美元[7] 预期增长 - Prologis预计2024年核心FFO增长将近8%，现金同店净营业收入增长为6.75%[10] 全球市场地位 - Prologis在高壁垒、高增长市场是全球物流地产领导者，截至2024年3月31日，公司在19个国家拥有或投资了约12亿平方英尺的物业和开发项目[14] 未来展望 - Prologis的前瞻性声明指出，公司预计未来运营绩效、收购和发展活动、贡献和处置活动等方面将发生变化[15]