Comparing Prologis (PLD) & Its Competitors
Prologis (NYSE: PLD) is one of 14 publicly-traded companies in the “Industrial REITs” industry, but how does it contrast to its peers? We will compare Prologis to similar businesses based on the strength of its analyst recommendations, valuation, earnings, institutional ownership, dividends, profitability and risk.
Risk & Volatility
Prologis has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500. Comparatively, Prologis’ peers have a beta of 1.06, indicating that their average stock price is 6% more volatile than the S&P 500.
Prologis pays an annual dividend of $1.76 per share and has a dividend yield of 2.6%. Prologis pays out 52.9% of its earnings in the form of a dividend. As a group, “Industrial REITs” companies pay a dividend yield of 2.8% and pay out 81.0% of their earnings in the form of a dividend. Prologis has raised its dividend for 3 consecutive years.
This table compares Prologis and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Valuation & Earnings
This table compares Prologis and its peers revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Prologis||$2.53 billion||$1.21 billion||20.14|
|Prologis Competitors||$606.71 million||$215.55 million||1,015.16|
Prologis has higher revenue and earnings than its peers. Prologis is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Institutional and Insider Ownership
95.5% of Prologis shares are held by institutional investors. Comparatively, 91.8% of shares of all “Industrial REITs” companies are held by institutional investors. 1.3% of Prologis shares are held by company insiders. Comparatively, 1.8% of shares of all “Industrial REITs” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
This is a summary of current ratings and recommmendations for Prologis and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Prologis presently has a consensus target price of $65.08, suggesting a potential downside of 2.97%. As a group, “Industrial REITs” companies have a potential downside of 1.55%. Given Prologis’ peers higher possible upside, analysts clearly believe Prologis has less favorable growth aspects than its peers.
Prologis beats its peers on 9 of the 15 factors compared.
Prologis Company Profile
Prologis, Inc. is a real estate investment trust (REIT) company. The Company is engaged in logistics real estate business. The Company’s segments include Real Estate Operations and Strategic Capital. The Real estate operations segment consists of rental operations and development. The Company’s strategic capital segment includes asset management services, as well as services performed for unconsolidated co-investment ventures. Its strategic capital segment gives the Company access to third-party capital, both private and public. As of December 31, 2016, the Company owned or had investments in, on an owned basis or through co-investment ventures, properties and development projects across 676 million square feet (63 million square meters) in 20 countries spanning four continents.
Receive News & Ratings for Prologis Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prologis Inc. and related companies with MarketBeat.com's FREE daily email newsletter.