Prologis, Inc. (NYSE:PLD) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Prologis, Inc. (NYSE:PLD) has been assigned an average rating of “Moderate Buy” from the twenty-two brokerages that are covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $151.8571.

A number of equities analysts have weighed in on the company. Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. BTIG Research reaffirmed a “buy” rating and set a $155.00 price target on shares of Prologis in a research report on Wednesday, April 15th. Scotiabank upped their price target on Prologis from $146.00 to $154.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. UBS Group upped their price objective on Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, Robert W. Baird upped their price objective on Prologis from $133.00 to $136.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th.

Institutional Investors Weigh In On Prologis

Institutional investors and hedge funds have recently made changes to their positions in the stock. Ares Financial Consulting LLC bought a new stake in shares of Prologis during the 4th quarter worth approximately $26,000. High Point Wealth Management LLC bought a new stake in shares of Prologis during the 4th quarter worth approximately $26,000. Eagle Bay Advisors LLC bought a new stake in shares of Prologis during the 4th quarter worth approximately $27,000. SouthState Bank Corp raised its stake in shares of Prologis by 73.1% during the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 95 shares in the last quarter. Finally, Hilton Head Capital Partners LLC bought a new stake in shares of Prologis during the 4th quarter worth approximately $29,000. Institutional investors own 93.50% of the company’s stock.

Prologis Trading Down 1.0%

NYSE:PLD opened at $146.02 on Thursday. Prologis has a twelve month low of $103.41 and a twelve month high of $148.29. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.60. The business has a 50 day moving average price of $141.38 and a two-hundred day moving average price of $135.27. The company has a market cap of $136.14 billion, a P/E ratio of 36.78, a price-to-earnings-growth ratio of 3.24 and a beta of 1.32.

Prologis (NYSE:PLD) last released its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.24. Prologis had a return on equity of 6.47% and a net margin of 41.54%.The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the firm posted $1.43 EPS. The business’s revenue was up 6.9% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, analysts expect that Prologis will post 6.18 EPS for the current fiscal year.

Prologis Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $1.07 per share. The ex-dividend date is Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.9%. Prologis’s dividend payout ratio is currently 107.81%.

Prologis Company Profile

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.