Prologis Stock News

Prologis delivered a strong performance in Q3 2024, driven by increased Funds From Operations and steady occupancy rates despite regional pressures.

Shares of Prologis (PLD) advanced Wednesday when the largest industrial real estate firm posted better-than-anticipated results and solid guidance on strong funds from operations (FFO).

Ongoing flight to quality within the industry SAN FRANCISCO , Oct. 16, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the following results for the quarter ended September 30, 2024, as compared to the corresponding period in 2023: Net earnings per diluted share was $1.08 and increased 35.0%, primarily due to higher disposition gains....

Prologis is more than a simple REIT, boasting competitive advantages, a strong balance sheet, and global scale, deserving a premium valuation. Despite temporary headwinds like higher interest rates and excess warehouse supply, Prologis maintains high occupancy and strong rent changes. Growth opportunities include developing data centers and energy services, with significant potential in solar, ...

U.S. equity markets extended gains to a fifth-straight week despite a continued upswell in benchmark interest rates, as investors weighed a solid start to earnings season against lukewarm inflation data. All eyes were on the Consumer Price Index report, which posted a fractional upside surprise in September for a second-straight month, which followed four straight months of cooler-than-expected...

REITs have surged in the recent month. But opportunities remain abundant. I present 2 REITs that are still deeply undervalued.

American equities have outperformed global markets for over a decade. However, stock selection has become crucial, as not all companies are created equal. I'm focusing on high-yield U.S. stocks with strong fundamentals and growth potential. These companies can offer stable income in any economic environment. Each pick has a unique position in its industry and can withstand market challenges, pr...

These companies should provide their investors with a growing stream of dividend income.