Jefferies Financial Group Cuts Prologis (NYSE:PLD) Price Target to $155.00

Prologis (NYSE:PLD) had its price target lowered by Jefferies Financial Group from $157.00 to $155.00 in a research report released on Tuesday,MarketScreener reports. The brokerage currently has a buy rating on the real estate investment trust’s stock.

Several other equities research analysts also recently issued reports on the stock. Truist Financial lowered their price objective on shares of Prologis from $142.00 to $139.00 and set a “buy” rating for the company in a research report on Monday, January 26th. Citigroup initiated coverage on shares of Prologis in a research report on Thursday, March 5th. They set a “buy” rating and a $145.00 price objective for the company. Morgan Stanley set a $135.00 price objective on shares of Prologis in a research report on Friday, January 16th. Mizuho increased their target price on shares of Prologis from $138.00 to $143.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Finally, Royal Bank Of Canada increased their target price on shares of Prologis from $132.00 to $135.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Prologis presently has an average rating of “Moderate Buy” and an average target price of $138.16.

Prologis Stock Up 1.7%

Shares of PLD stock opened at $142.20 on Tuesday. The firm has a fifty day moving average of $136.13 and a 200-day moving average of $129.53. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.61. Prologis has a 12-month low of $97.10 and a 12-month high of $145.01. The company has a market capitalization of $132.56 billion, a price-to-earnings ratio of 40.06, a P/E/G ratio of 3.30 and a beta of 1.40.

Prologis (NYSE:PLD) last issued its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.69. Prologis had a net margin of 37.86% and a return on equity of 5.79%. The company 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 earned $1.43 earnings per share. The firm’s revenue was up 6.9% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.070-6.230 EPS. As a group, equities research analysts predict that Prologis will post 5.73 earnings per share for the current fiscal year.

Prologis Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were issued a dividend of $1.07 per share. The ex-dividend date was Tuesday, March 17th. This is a positive change from Prologis’s previous quarterly dividend of $1.01. This represents a $4.28 annualized dividend and a yield of 3.0%. Prologis’s dividend payout ratio is currently 120.56%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PLD. Brighton Jones LLC boosted its holdings in Prologis by 629.0% during the fourth quarter. Brighton Jones LLC now owns 17,475 shares of the real estate investment trust’s stock worth $1,847,000 after purchasing an additional 15,078 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in Prologis by 45.4% during the second quarter. Schnieders Capital Management LLC. now owns 10,728 shares of the real estate investment trust’s stock worth $1,128,000 after purchasing an additional 3,350 shares during the last quarter. Walleye Capital LLC acquired a new stake in Prologis in the second quarter valued at $422,000. NewEdge Advisors LLC grew its position in shares of Prologis by 6.8% in the 2nd quarter. NewEdge Advisors LLC now owns 63,829 shares of the real estate investment trust’s stock valued at $6,710,000 after acquiring an additional 4,074 shares during the period. Finally, Treasurer of the State of North Carolina grew its position in shares of Prologis by 2.4% in the 2nd quarter. Treasurer of the State of North Carolina now owns 433,312 shares of the real estate investment trust’s stock valued at $45,550,000 after acquiring an additional 10,266 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Q1 results beat: Core FFO of $1.50/sh and revenue of $2.30B topped estimates, driven by strong leasing and higher margins; management highlighted record logistics lease signings. PR Newswire — Q1 Results
• Positive Sentiment: Raised FY‑2026 guidance: Prologis now targets EPS of $6.07–$6.23, well above prior consensus (~$4.21), which materially improves forward earnings prospects and supports higher valuation. WSJ — Boosts FY Outlook
• Positive Sentiment: Data-center expansion & development: Company announced ~$1.3B of new development starts to expand its data-center footprint — a growth driver that diversifies cash flow and lifts development activity. Benzinga — Lifts 2026 Outlook
• Neutral Sentiment: Earnings-call detail and tone: Management emphasized disciplined execution, resilient demand and platform scale (transcripts and summaries available); no major change to capital-return policy was announced. Seeking Alpha — Call Transcript Moby — Call Summary
• Neutral Sentiment: Analyst actions mixed: Some firms (e.g., BTIG, Wells Fargo) reaffirm positive views, but others emphasize a balanced outlook; watch for updates as models roll in the stronger guidance. Wells Fargo — Remains Buy
• Negative Sentiment: Valuation & demand caution: BMO maintained a Hold citing cooling demand and full valuation; Jefferies trimmed its price target (to $155), reflecting concerns that the stock already prices in strong execution. TipRanks — BMO Hold / Valuation Note American Banking News — Jefferies PT Cut

About Prologis

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.