Innovative Industrial's Tenants Are Worrisome [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
kmatija/iStock via Getty ImagesThe short thesisInnovative Industrial (NYSE:IIPRHistory and business modelThe original cannabis REIT is a company I have been following since its 2016 IPO. IIPR's price dropped to $15.40 shortly after its $20 IPO and I saw this as abuying opportunityThe company also has a fantastic CEO in Alan GoldGold cofounded Biomedical Realty (formerly BMR which was profitably sold) and also cofounded Alexandria (AREAlthough profitable on our IIPR investment, we sold far too early, missing a large portion of the run-up to nearly $300 a share.SAThe reason we sold was a realization that IIPR's property purchases were as much loans as they were acquisitions. They were buying industrial real estate for all-in costs that were in some cases over $300 per square foot while we were watching similar properties changing hands for $70 per foot.The difference was massive amounts of tenant improvement capital in which IIPR provided capital to tenants such that they could build ou
Show less
Read more
Impact Snapshot
Event Time:
PLD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PLD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PLD alerts
High impacting Prologis, Inc. news events
Weekly update
A roundup of the hottest topics
PLD
News
- Prologis Declares Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- Prologis Declares Quarterly DividendPR Newswire
- Texas energy storage dash brings 1 GW batteries within sight [Reuters]Reuters
- Brokers Suggest Investing in Prologis (PLD): Read This Before Placing a Bet [Yahoo! Finance]Yahoo! Finance
- Prologis, Inc. (NYSE: PLD) had its price target lowered by analysts at Royal Bank of Canada from $145.00 to $124.00. They now have an "outperform" rating on the stock.MarketBeat
PLD
Earnings
- 4/17/24 - Miss
PLD
Sec Filings
- 5/10/24 - Form 3
- 5/7/24 - Form 8-K
- 5/3/24 - Form 4
- PLD's page on the SEC website