Prologis, Inc. (PLD) - What Are Researchers Saying About This Stock?

Key Points

• Analysts maintain a favorable view of Prologis: Twenty-three analysts give the stock a consensus “Moderate Buy” rating, including 17 buys and six holds. The average 12-month price target is $154.52, above the reported share price of $133.61.
• Prologis exceeded quarterly expectations, reporting $1.13 in EPS versus the $0.75 consensus estimate and $2.43 billion in revenue, up 11% year over year. Analysts expect full-year 2026 EPS of approximately $6.27.
• The REIT paid a quarterly dividend of $1.07 per share, equivalent to a 3.2% annualized yield, while institutional investors own 93.5% of the company’s stock.

Prologis, Inc. (NYSE:PLD - Get Free Report) has received a consensus rating of "Moderate Buy" from the twenty-three analysts that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $154.52.

Several brokerages recently issued reports on PLD. BTIG Research upped their target price on shares of Prologis from $160.00 to $170.00 and gave the stock a "buy" rating in a research report on Wednesday, July 1st. Mizuho increased their target price on Prologis from $150.00 to $159.00 and gave the company an "outperform" rating in a research note on Friday, July 17th. BMO Capital Markets lowered their price target on Prologis from $162.00 to $158.00 and set an "outperform" rating on the stock in a research report on Monday, June 29th. Raymond James Financial initiated coverage on Prologis in a research report on Thursday, June 18th. They set a "market perform" rating on the stock. Finally, Wells Fargo & Company dropped their price target on Prologis from $167.00 to $166.00 and set an "overweight" rating for the company in a research note on Tuesday, September 1st.

Prologis Trading Up 0.9%

Shares of Prologis stock opened at $133.61 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70. Prologis has a 1 year low of $111.81 and a 1 year high of $153.35. The firm has a market cap of $124.67 billion, a PE ratio of 29.76 and a beta of 1.31. The company has a 50 day simple moving average of $136.39 and a two-hundred day simple moving average of $139.95.

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

Prologis Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were issued a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Wednesday, September 16th. Prologis's dividend payout ratio (DPR) is currently 95.32%.

Institutional Trading of Prologis

A number of hedge funds have recently bought and sold shares of PLD. BlackRock Inc. bought a new position in shares of Prologis in the 2nd quarter worth about $14,006,587,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Prologis by 4.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,753,884 shares of the real estate investment trust's stock valued at $1,998,709,000 after acquiring an additional 618,467 shares during the period. Dimensional Fund Advisors LP lifted its position in Prologis by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 11,565,453 shares of the real estate investment trust's stock valued at $1,528,636,000 after acquiring an additional 110,681 shares during the period. Legal & General Group Plc bought a new stake in Prologis during the second quarter worth about $1,473,965,000. Finally, Bank of America Corp DE bought a new stake in Prologis during the second quarter worth about $1,427,256,000. Institutional investors own 93.50% of the company's stock.

Prologis Company Profile

Prologis, Inc NYSE: PLD is a global logistics real estate company that owns, develops, acquires and manages distribution facilities, warehouses and other properties used throughout the supply chain. Its portfolio serves manufacturers, retailers, transportation providers and third-party logistics companies.

The company provides logistics real estate and related services in key markets across North America, Europe, Asia and Latin America. Its properties are generally located near major population centers, transportation hubs, ports and trade corridors, supporting e-commerce, industrial and distribution operations.

Prologis traces its roots to 1983 and was created in its current form through the 1999 merger of ProLogis and Security Capital Industrial Trust.

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