Prologis, Inc. (NYSE:PLD – Get Free Report) has earned a consensus rating of “Moderate Buy” from the twenty-three brokerages that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and seventeen have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $153.82.
Several equities analysts have recently weighed in on the stock. UBS Group set a $150.00 price objective on shares of Prologis in a report on Friday. Scotiabank raised Prologis from a “sector perform” rating to a “sector outperform” rating and set a $150.00 target price on the stock in a research report on Tuesday, October 13th. Williams Trading set a $150.00 price objective on shares of Prologis in a report on Friday. BTIG Research reaffirmed a “buy” rating and issued a $170.00 price objective on shares of Prologis in a research note on Friday. Finally, Robert W. Baird set a $140.00 price target on shares of Prologis in a research report on Friday, July 31st.
Check Out Our Latest Stock Analysis on Prologis
Institutional Trading of Prologis
Several institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Prologis in the 2nd quarter worth approximately $14,006,587,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of 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 purchasing an additional 618,467 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of 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 worth $1,528,636,000 after purchasing an additional 110,681 shares during the period. Legal & General Group Plc bought a new stake in shares of Prologis during the 2nd quarter worth $1,473,965,000. Finally, Bank of America Corp DE purchased a new position in shares of Prologis in the 2nd quarter worth about $1,427,256,000. Institutional investors own 93.50% of the company’s stock.
Prologis Trading Down 0.1%
Shares of PLD stock opened at $125.65 on Wednesday. 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 has a 50 day simple moving average of $135.65 and a two-hundred day simple moving average of $139.92. 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 has a fifty-two week low of $121.17 and a fifty-two week high of $153.35.
Prologis (NYSE:PLD – Get Free Report) last released its earnings results on Thursday, October 15th. The real estate investment trust reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.82. The company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.18 billion. Prologis had a net margin of 45.51% and a return on equity of 7.28%. Prologis’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.49 EPS. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. Research analysts forecast that Prologis will post 6.28 earnings per share for the current year.
Prologis Announces Dividend
The business also recently declared 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. The ex-dividend date was Wednesday, September 16th. This represents a $4.28 annualized dividend and a yield of 3.4%. Prologis’s dividend payout ratio is 94.48%.
Prologis News Roundup
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
About Prologis
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.
Recommended Stories
- Five stocks we like better than Prologis
- These 3 Green Stocks Have a Growth Story That Goes Far Beyond Washington
- Meta Claims Frontier-Class AI Status With New Muse Wonder Models
- Berkshire Just Backed This Little-Known Stock—Should You Chase It?
- Broadcom’s CEO Sees Years of AI Demand But Warns of a Bigger Threat to the Boom
Receive News & Ratings for Prologis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prologis and related companies with MarketBeat.com's FREE daily email newsletter.
