Zacks Research Weighs in on Prologis’ Q1 Earnings (NYSE:PLD)

Prologis, Inc. (NYSE:PLD) – Zacks Research cut their Q1 2025 EPS estimates for shares of Prologis in a research report issued on Tuesday, February 11th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings per share of $1.37 for the quarter, down from their previous estimate of $1.38. The consensus estimate for Prologis’ current full-year earnings is $5.74 per share. Zacks Research also issued estimates for Prologis’ Q2 2025 earnings at $1.42 EPS, Q3 2025 earnings at $1.44 EPS, FY2025 earnings at $5.73 EPS, Q1 2026 earnings at $1.48 EPS, Q3 2026 earnings at $1.56 EPS, FY2026 earnings at $6.20 EPS and FY2027 earnings at $6.85 EPS.

A number of other research analysts have also recently commented on PLD. JPMorgan Chase & Co. cut their target price on Prologis from $138.00 to $131.00 and set an “overweight” rating on the stock in a research note on Monday, October 21st. Truist Financial increased their target price on Prologis from $121.00 to $123.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Scotiabank lowered their target price on shares of Prologis from $134.00 to $133.00 and set a “sector outperform” rating for the company in a research note on Monday, January 27th. Mizuho reduced their price target on shares of Prologis from $119.00 to $117.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $132.00 target price (down from $142.00) on shares of Prologis in a research note on Monday, October 21st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $128.78.

Prologis Stock Performance

Prologis stock opened at $119.81 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.23 and a quick ratio of 0.43. The firm has a market capitalization of $110.96 billion, a P/E ratio of 29.95, a price-to-earnings-growth ratio of 2.64 and a beta of 1.10. Prologis has a 1-year low of $100.82 and a 1-year high of $135.76. The company’s 50-day moving average is $111.39 and its 200 day moving average is $118.15.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Prologis during the fourth quarter worth about $26,000. Crowley Wealth Management Inc. acquired a new stake in Prologis in the 4th quarter worth approximately $27,000. Centricity Wealth Management LLC purchased a new stake in Prologis during the 4th quarter worth approximately $30,000. Dunhill Financial LLC increased its stake in Prologis by 239.5% during the 3rd quarter. Dunhill Financial LLC now owns 258 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 182 shares in the last quarter. Finally, Whipplewood Advisors LLC purchased a new position in shares of Prologis in the fourth quarter worth $34,000. 93.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Prologis

In other news, CIO Joseph Ghazal sold 10,997 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $118.74, for a total transaction of $1,305,783.78. Following the completion of the sale, the executive now owns 7,977 shares in the company, valued at approximately $947,188.98. This represents a 57.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.50% of the stock is owned by insiders.

Prologis Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a dividend of $0.96 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $3.84 dividend on an annualized basis and a yield of 3.21%. Prologis’s payout ratio is 96.00%.

About Prologis

Prologis, Inc is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.