BTIG Research reaffirmed their buy rating on shares of Prologis (NYSE:PLD – Free Report) in a research report report published on Friday morning,Benzinga reports. They currently have a $170.00 target price on the real estate investment trust’s stock.
Several other equities research analysts have also recently weighed in on PLD. Weiss Ratings cut shares of Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. Royal Bank Of Canada raised Prologis from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $148.00 to $160.00 in a report on Tuesday, August 4th. Truist Financial raised their target price on Prologis from $154.00 to $162.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, Raymond James Financial began coverage on shares of Prologis in a research note on Thursday, June 18th. They set a “market perform” rating on the stock. Seventeen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $153.82.
View Our Latest Stock Report on Prologis
Prologis Trading Down 0.1%
Shares of NYSE:PLD opened at $125.65 on Friday. The company has a market cap of $117.24 billion, a P/E ratio of 27.74 and a beta of 1.31. The stock’s 50-day moving average is $135.65 and its 200-day moving average is $139.92. Prologis has a 52-week low of $121.17 and a 52-week high of $153.35. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.70 and a current ratio of 0.34.
Prologis (NYSE:PLD – Get Free Report) last posted its quarterly earnings data on Thursday, October 15th. The real estate investment trust reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.82. Prologis had a return on equity of 7.28% and a net margin of 45.51%. The business had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period in the previous year, the company posted $1.49 earnings per share. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. Equities research analysts predict that Prologis will post 6.28 earnings per share for the current year.
Prologis Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were issued a $1.07 dividend. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.4%. Prologis’s dividend payout ratio is presently 94.48%.
Institutional Trading of Prologis
A number of large investors have recently bought and sold shares of the stock. Manning & Napier Advisors LLC bought a new stake in Prologis during the second quarter worth about $25,000. Solstein Capital LLC acquired a new position in shares of Prologis in the 2nd quarter worth approximately $25,000. Clearstead Trust LLC acquired a new position in shares of Prologis in the 2nd quarter worth approximately $28,000. Johnson Financial Group Inc. bought a new stake in Prologis during the 2nd quarter worth approximately $29,000. Finally, Kilter Group LLC bought a new stake in Prologis during the 2nd quarter worth approximately $31,000. 93.50% of the stock is currently owned by institutional investors.
More Prologis News
Here are the key news stories impacting Prologis this week:
- Positive Sentiment: Prologis reported third-quarter core FFO of $1.60 per share, ahead of the $1.58 consensus estimate and up from $1.49 a year earlier. Revenue increased 7.8% year over year to $2.39 billion, while occupancy remained high at 95.4%. Prologis Q3 FFO and Revenues Top Estimates
- Positive Sentiment: Management cited healthy warehouse demand from e-commerce and data centers, a 38% increase in Prologis Share net effective rents, and a $1.024 billion development-start pipeline. Replacement-cost rents are reportedly 27% above current logistics-market rents, supporting long-term pricing power. Prologis: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: BTIG reiterated its Buy rating and assigned a $170 price target, arguing that the selloff provides an attractive entry point. The firm cited Prologis’ financial flexibility, global platform and external-growth pipeline as defenses against data-center challenges. Prologis Analyst Touts Ample Defenses Against Data Center Challenges
- Neutral Sentiment: Prologis maintained 2026 EPS guidance of $6.25 to $6.29, broadly in line with the $6.27 analyst consensus, but the narrower range and cautious commentary limited the benefit of the earnings beat. Prologis Cuts 2026 Guidance Despite Q3 Earnings Beat
- Negative Sentiment: Investors remain concerned about interest-rate volatility, development returns and Prologis’ 5.8-gigawatt data-center pipeline. Data-center supply-chain tenants represented 17% of U.S. leasing, increasing sensitivity to sector-specific demand and supply risks. PLD Q3 Earnings Call Highlights Rent Recovery and Rate Risks
Prologis Company Profile
Prologis, Inc is a global real estate investment trust that owns, develops, acquires and manages logistics properties. Its portfolio primarily includes warehouses, distribution centers and fulfillment facilities used by retailers, manufacturers, transportation companies and other businesses to support supply-chain operations and e-commerce.
The company also provides property management, development and leasing services, along with related supply-chain and customer solutions. Through its Prologis Essentials platform, it offers services and technologies designed to help customers improve warehouse operations, including energy, mobility and operational solutions.
Prologis serves major population centers and trade corridors across North America, Europe, Asia and Latin America.
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