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9.23508702380957E-05 0.000280055891046904 0.000542092100096401 -0.00298601147102934 -0.00456273364582461 -0.00689027590385596 -0.00433748762085383 -0.00959322820350535
Stock impact report

After A Massive Rally, The Easy Money May Be Gone - Prologis [Seeking Alpha]

Prologis, Inc. (PLD) 
Last prologis, inc. earnings: 4/21 08:00 am Check Earnings Report
US:NYSE Investor Relations: ir.prologis.com
Company Research Source: Seeking Alpha
PLD's Core FFO and AFFO per share beat or matched estimates, with guidance implying ~5% growth and potential for modest outperformance. Occupancy remains strong at ~95%, with healthy leasing spreads, but rent growth is moderating and interest rates present valuation headwinds. PLD's increasing data center development offers attractive yields, but industrial remains the dominant portfolio focus, and balance sheet strength is maintained. Looking for a helping hand in the market? Members of The REIT Forum get exclusive ideas and guidance to navigate any climate. Learn More » Uwe Krejci/DigitalVision via Getty Images Prologis, Inc. ( PLD ) currently sits in our neutral range for valuation. I think that's fair. Here are a few factors to consider: Shares (at $132.05 intraday) trade at 27.63x forward AFFO consensus estimates of $4.80. This is on the high end for REITs presently. Shares are about 47.8% above their lowest close over the last 52 weeks. Shares are about 7% under Show less Read more
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