Prologis, Inc. (NYSE:PLD) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Prologis has a “Moderate Buy” consensus rating from 23 analysts: 16 recommend buying the stock and seven rate it a hold. The average 12-month price target is $154.52, above its reported opening price of $134.81.
• The REIT reported quarterly adjusted earnings of $1.13 per share, beating estimates of $0.75, while revenue rose 11% year over year to $2.43 billion. Management guided to fiscal 2026 EPS of $6.22–$6.30.
• Prologis declared a quarterly dividend of $1.07 per share, equivalent to $4.28 annually and a 3.2% yield; institutional investors own 93.5% of the company’s stock.

Prologis, Inc. (NYSE:PLD - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the twenty-three research firms that are currently covering the stock, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $154.5238.

Several equities research analysts have recently issued reports on PLD shares. Morgan Stanley raised their target price on shares of Prologis from $135.00 to $151.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 26th. BTIG Research raised their price objective on shares of Prologis from $160.00 to $170.00 and gave the stock a "buy" rating in a research note on Wednesday, July 1st. Royal Bank Of Canada upgraded Prologis from a "sector perform" rating to an "outperform" rating and boosted their target price for the company from $148.00 to $160.00 in a research report on Tuesday, August 4th. Robert W. Baird set a $140.00 target price on Prologis in a research report on Friday, July 31st. Finally, Wells Fargo & Company cut their target price on Prologis from $167.00 to $166.00 and set an "overweight" rating on the stock in a research note on Tuesday, September 1st.

Prologis Price Performance

Shares of Prologis stock opened at $134.81 on Friday. The stock has a market cap of $125.78 billion, a price-to-earnings ratio of 30.02 and a beta of 1.30. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a 50 day moving average price of $141.24 and a 200-day moving average price of $140.22. Prologis has a one year low of $111.03 and a one year high of $153.35.

Prologis (NYSE:PLD - Get Free Report) last released its quarterly earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.38. The company had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.16 billion. Prologis had a return on equity of 7.29% and a net margin of 45.79%.Prologis's quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.46 EPS. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. Equities analysts expect that Prologis will post 6.27 EPS for the current year.

Prologis Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a dividend of $1.07 per share. The ex-dividend date is Wednesday, September 16th. This represents a $4.28 dividend on an annualized basis and a yield of 3.2%. Prologis's payout ratio is presently 95.32%.

Institutional Trading of Prologis

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sandy Cove Advisors LLC grew its holdings in shares of Prologis by 1.9% in the second quarter. Sandy Cove Advisors LLC now owns 3,854 shares of the real estate investment trust's stock worth $522,000 after purchasing an additional 73 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in Prologis by 5.0% during the 2nd quarter. CoreCap Advisors LLC now owns 1,538 shares of the real estate investment trust's stock valued at $208,000 after buying an additional 73 shares in the last quarter. Boltwood Capital Management boosted its position in Prologis by 1.5% in the 2nd quarter. Boltwood Capital Management now owns 5,170 shares of the real estate investment trust's stock valued at $700,000 after buying an additional 75 shares during the period. Hibernia Wealth Partners LLC boosted its position in Prologis by 2.5% in the 1st quarter. Hibernia Wealth Partners LLC now owns 3,070 shares of the real estate investment trust's stock valued at $406,000 after buying an additional 76 shares during the period. Finally, Quadrant Private Wealth Management LLC grew its stake in Prologis by 4.4% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 1,818 shares of the real estate investment trust's stock worth $240,000 after acquiring an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company's stock.

About Prologis

Prologis, Inc is a global real estate investment trust (REIT) that owns, develops, acquires and manages logistics and industrial properties. Its portfolio is designed to support supply-chain operations and includes distribution centers, warehouses, fulfillment facilities and other industrial buildings used by manufacturers, retailers, transportation companies and logistics providers.

The company also provides related property and business services, including facility management, leasing, development and customer-focused solutions through its Prologis Essentials platform.

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