How to Buy Prologis Stock
Prologis Inc
Prologis is a industrial REIT company located in California, United States, which is part of the Real Estate sector, and is traded under the ticker PLD on the NYSE exchange.
Prologis stock last closed at $98.63, down 3.4% from the previous day, and has decreased 5.24% in one year. It has overperformed other stocks in the REIT - Industrial industry by 0 percentage points. Prologis stock is currently +15.56% from its 52-week low of $85.35, and -25.6% from its 52-week high of $132.57.
At the moment, there are 926.86M shares of PLD outstanding. The market cap of PLD is $91.42B. In the past 24 hours, 4.79M PLD shares were traded.
How to Buy Prologis Stock
Not sure how to invest in Prologis stock? Here's how.
- Choose where to buy Prologis stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Prologis stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your payment method and add your information.
- Research Prologis stock: The Prologis ticker symbol is PLD. Is Prologis stock a good investment? Should you buy shares of PLD? How do PLD's underlying business fundamentals look? Do top analysts think Prologis is a good buy? Why has PLD's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if PLD is a good stock to buy).
- Place your PLD purchase: Decide if you will purchase PLD shares at the current market price or use a limit order to buy PLD shares at a particular price.
- Get the latest news on your investment in PLD: Create a watchlist to key updates about your new investment in Prologis shares.
Step 1: Choose where to buy Prologis stock
You will need an online brokerage account in order to access the NYSE market and buy PLD stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to buy PLD stock today.
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Step 3: Put funds into your brokerage account
Now that you've filled out your info on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing money into your investment account.
Step 4: Research Prologis stock
Once you have identified the best place to buy Prologis stock, it's very important to evaluate their stock before you invest, so you can comprehend the risk as well as the upside.
Prologis quick stats
Prologis Due Diligence Checks
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on PLD's stock page.
Is PLD stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge PLD's intrinsic value.
Using relative valuations methods:
- PLD could be overvalued based on its P/E ratio of 24.53x, relative to REIT - Industrial industry P/E ratio of 22.62x
- PLD could be undervalued based on its P/B ratio of 1.69x, relative to REIT - Industrial industry P/B ratio of 1.94x
- PLD could be overvalued based on its PEG ratio of 1.36x
You can do additional valuation analysis on PLD's stock here.
PLD Financial Health Summary
Signs that PLD is financially healthy:
- PLD profit margin has gone up from 38.1% to 45.4% in the past year.
Signs that PLD is not financially healthy:
- PLD has a relatively high debt to equity ratio of 0.68.
- Total PLD debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy Prologis stock
Out of 10 Equities analysts who monitor PLD, the consensus analyst rating on Prologis is a Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Latest PLD Analyst Forecasts
Ki Bin Kim, a top 11% analyst from Truist Securities maintains PLD with a strong buy rating and raises their PLD price target from $121.00 to $123.00, on Jan 27, 2025.
Truist Securities's Ki Bin Kim raised their price target on Prologis (NYSE: PLD) by 1.7% from $121 to $123 on 2025/01/27. The analyst maintained their Strong Buy rating on the stock.
Prologis reported its Q4 and FY 2024 earnings on 2025/01/21.
According to Kim, the company's stock price has hit rock bottom as management has drastically cut their forecasts for short-term profits.
In spite of the near-term downturn, the analyst maintained a long-term favorable outlook on "industrial fundamentals," estimating a 7.3% 3-year FFO CAGR.
Earnings Report
Prologis reported:
For Q4 2024:
- FFO (Funds From Operations) of $1.50, which beat the Zacks Consensus Estimate of $1.38 and, by 19%, Q4 2023’s $1.26.
- Revenue of $1.94B, which missed the Zacks Consensus Estimate by 0.09% but beat, by 10.2%, Q4 2023’s $1.76B.
For FY 2024:
- FFO of $5.56, down 0.9% Y/Y.
- Revenue of $7.53B, up 10.4% Y/Y.
For FY 2025, management guided:
- FFO of $5.65 to $5.81.
President Dan Letter commented: "We closed out 2024 with solid results.
“It was capped off with the sale of our Elk Grove data center, a turnkey facility under development, that led to significant value creation and demonstrated the end-to-end capabilities of our platform.
"Looking ahead, our team is focused on anticipating customer needs and staying ahead of market trends to deliver on our 2025 plan.”
Co-founder & CEO Hamid R. Moghadam added, "Post-election leasing activity has been strong, and our ongoing conversations with customers support our expectation that the market is nearing an inflection point.
"Meanwhile, our platform is uniquely positioned to seize the opportunities created by favorable trends in our data center and energy businesses.
“The long-term outlook for Prologis is bright."
Vikram Malhorta, a bottom 14% analyst from Mizuho maintains PLD with a hold rating and lowers their PLD price target from $119.00 to $117.00, on Jan 8, 2025.
William Crow, a bottom 23% analyst from Raymond James downgrades PLD to a buy rating and lowers their PLD price target from $130.00 to $125.00, on Dec 11, 2024.
John Kim, a bottom 18% analyst from BMO Capital downgrades PLD to a sell rating and lowers their PLD price target from $120.00 to $104.00, on Dec 6, 2024.
Anthony Powell, a bottom 7% analyst from Barclays maintains PLD with a strong buy rating and raises their PLD price target from $131.00 to $132.00, on Nov 18, 2024.
You can dig deeper into what analysts are saying on the Prologis stock forecast page.
Metrics for Advanced PLD Traders
PLD Performance Numbers
Last year, PLD earnings were $3.73B. During the past 5 year, PLD's earnings have grown by 10.14% per year. This was slower than the REIT - Industrial industry average of 12.38%.
Last year, PLD revenue was $8.20B. Over the past 5 year, PLD's revenue has increased by 19.75% per year. This was faster than the REIT - Industrial industry average of 19.66%.
Find out more about PLD's earnings and revenue performance here.
Are PLD executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at PLD have sold more shares than they have bought.
Joseph Ghazal, Chief Investment Officer of PLD, was the latest PLD insider to sell. They sold $30,225.00 worth of PLD shares on Feb 21, 2025.
Research more about who owns PLD stock here.
Can I get consistent income from PLD stock?
Prologis pays a dividend of 3.94%, compared to the REIT - Industrial industry's average dividend yield of 4.44%. If you owned $1,000 of PLD stock, you would have received $39.44 in the past 12 months.
Prologis dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Prologis dividend yield and history here.
What others are saying about PLD
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Step 5: Place your PLD purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Hit the Open button and eToro will place your order.
If you need more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in PLD
Now that you own some shares in PLD, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to get notified of the latest news about your PLD stock.
PLD Feed
How to Buy Stock in Prologis
To reiterate, here are the 6 steps for buying Prologis stock:
- Choose where to buy Prologis stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Prologis stock
- Place your PLD purchase
- Get the latest news on your investment in PLD
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Prologis, click the button below.
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