Previous close | 134.23 |
Open | 135.59 |
Bid | 136.76 x 800 |
Ask | 136.90 x 800 |
Day's range | 135.00 - 137.42 |
52-week range | 106.46 - 174.54 |
Volume | |
Avg. volume | 4,038,322 |
Market cap | 101.609B |
Beta (5Y monthly) | 0.88 |
PE ratio (TTM) | 27.45 |
EPS (TTM) | 5.00 |
Earnings date | 13 Oct 2022 - 17 Oct 2022 |
Forward dividend & yield | 3.16 (2.35%) |
Ex-dividend date | 15 June 2022 |
1y target est | 158.07 |
When companies become big, like Prologis (NYSE: PLD), one of the largest real estate investment trusts (REITs) by market capitalization, there's a point at which many investors stop looking at their stocks as a growth opportunity. Growth, after all, can be challenging when you already have the majority of the market share. Shares of Prologis are down 21% year to date, largely for this reason: increasing concern over the company's ability to keep expanding in a changing economic environment.
Extra Space Storage's (EXR) high brand value, strategic acquisitions, solid third-party management platform and presence in key cities serve as growth drivers amid healthy industry fundamentals.
Realty Income is the largest net-lease REIT you can buy, with more than 11,000 properties. "Net lease" means that the REIT owns the properties but the tenants are responsible for most of the operating costs of the real estate they occupy.