Prologis, Inc. (NYSE:PLD) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Prologis, Inc. (NYSE:PLD) have earned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are currently covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $135.3158.

A number of equities analysts have recently weighed in on the stock. Mizuho upped their price target on shares of Prologis from $138.00 to $143.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Freedom Capital cut shares of Prologis from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Evercore boosted their price target on Prologis from $118.00 to $121.00 and gave the stock an “in-line” rating in a research note on Thursday, January 22nd. iA Financial set a $119.00 price objective on Prologis in a research note on Monday, October 20th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $123.00 target price on shares of Prologis in a research report on Thursday, January 22nd.

Prologis Stock Performance

Shares of PLD stock opened at $140.41 on Friday. The company has a current ratio of 0.19, a quick ratio of 0.64 and a debt-to-equity ratio of 0.61. The stock has a 50 day simple moving average of $129.87 and a 200-day simple moving average of $121.36. The company has a market cap of $130.42 billion, a price-to-earnings ratio of 39.55, a price-to-earnings-growth ratio of 3.40 and a beta of 1.42. Prologis has a 12-month low of $85.35 and a 12-month high of $140.96.

Prologis (NYSE:PLD) last posted its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.44. The firm had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.09 billion. Prologis had a return on equity of 5.78% and a net margin of 37.86%.The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.42 earnings per share. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. On average, equities analysts forecast that Prologis will post 5.73 EPS for the current year.

Prologis Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th were given a $1.01 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $4.04 annualized dividend and a dividend yield of 2.9%. Prologis’s payout ratio is currently 113.80%.

Insiders Place Their Bets

In other Prologis news, Director Cristina Gabriela Bita sold 621 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $127.60, for a total transaction of $79,239.60. Following the completion of the transaction, the director directly owned 8,208 shares in the company, valued at approximately $1,047,340.80. This trade represents a 7.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.57% of the company’s stock.

Institutional Trading of Prologis

Several large investors have recently modified their holdings of PLD. Clayton Financial Group LLC purchased a new stake in Prologis in the 3rd quarter valued at approximately $26,000. High Point Wealth Management LLC purchased a new stake in shares of Prologis in the fourth quarter valued at $26,000. Ares Financial Consulting LLC acquired a new stake in shares of Prologis during the fourth quarter valued at $26,000. Eagle Bay Advisors LLC purchased a new stake in Prologis during the 4th quarter worth about $27,000. Finally, High Note Wealth LLC increased its position in Prologis by 43.9% during the 4th quarter. High Note Wealth LLC now owns 249 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 76 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

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.