Newsfeeds - Spark Newswire

7 minute read

Small Cap

Large Carriers Still Constructive On 2nd Half

Today, 4:15 PM

Commentary from management teams in the trucking industry so far through second-quarter earnings season points to a favorable conclusion to 2022. While the spot market has loosened significantly since March and rates have dropped, large carriers with heavy exposure to contractual freight are only seeing modest changes in demand.

HTLD

1 minute read

Truist Securities Maintains Buy on Prologis, Lowers Price Target to $150

By Benzinga Newsdesk

Today, 4:15 PM

Truist Securities analyst Ki Bin Kim maintains Prologis (NYSE:PLD) with a Buy and lowers the price target from $162 to $150.

PLD

3 minute read

The Real Estate Select Sector SPDR Fund: A Trend Analysis On The Benchmark REIT ETF

By John Navin

Today, 4:15 PM

The benchmark measure for publicly traded real estate investment trusts (REITs) is the Real Estate Select Sector SPDR Fund (NYSEARCA: XLRE). Take a look at how it’s fallen this year, mostly in April and May:

AMT

1 minute read

Earnings

Earnings Outlook For Prologis

By Benzinga Insights

Today, 4:15 PM

Prologis (NYSE:PLD) is set to give its latest quarterly earnings report on Monday, 2022-07-18. Here's what investors need to know before the announcement. Analysts estimate that Prologis will report an earnings per share (EPS) of $0.62.

PLD

5 minute read

Industrial REITs Poised To Shine On Robust Demand: 4 Key Players

By Zacks

Today, 4:15 PM

The industrial real estate asset category has been, undoubtedly, playing a crucial role for the past few years in the growing e-commerce market, transforming how consumers shop and receive their goods. Moreover, the companies are making immense efforts to improve supply-chain efficiencies, propelling demand for logistics infrastructure and efficient distribution networks.

DRE

2 minute read

Analyzing Prologis’s Short Interest

By Benzinga Insights

Today, 4:15 PM

Prologis's (NYSE:PLD) short percent of float has fallen 4.47% since its last report. The company recently reported that it has 12.51 million shares sold short, which is 1.71% of all regular shares that are available for trading.

PLD

1 minute read

REITs Wednesday Action: Benchmark ETF and Park Hotels Take a Hit

By John Navin

Today, 4:15 PM

Most of the major real estate investment trusts (REITs) closed in the red Wednesday as the Federal Open Market Committee minutes became available. The hawkish tone of those minutes apparently makes it tough on dividend payers like REITs. The Real Estate Select SPDR FUND (XLRE) ETF ended off by 0.07%:

AMT

2 minute read

Looking Into Prologis’s Recent Short Interest

By Benzinga Insights

Today, 4:15 PM

Prologis's (NYSE:PLD) short percent of float has risen 29.46% since its last report. The company recently reported that it has 10.61 million shares sold short, which is 1.45% of all regular shares that are available for trading.

PLD

3 minute read

How Are REITs Performing Compared To The Rest Of The Market In 2022?

By John Navin

Today, 4:15 PM

The S&P 500 just came out of its worst week since March 2020 and is still down by over 21% from the beginning of the year, with a move downward from 4,800 to under 3,800. The Real Estate Select Sector SPDR Fund (NYSEArca: XLRE) has dropped from $51.50 to $39.75, down about 22.5% for the year.

AMH

1 minute read

$1000 Invested In Prologis 10 Years Ago Would Be Worth This Much Today

By Benzinga Insights

Today, 4:15 PM

Prologis (NYSE:PLD) has outperformed the market over the past 10 years by 2.73% on an annualized basis producing an average annual return of 13.56%. Currently, Prologis has a market capitalization of $85.13 billion.

PLD