Zacks Research Comments on Prologis’ Q2 Earnings (NYSE:PLD)

Prologis, Inc. (NYSE:PLD) – Zacks Research lowered their Q2 2025 earnings estimates for shares of Prologis in a note issued to investors on Wednesday, May 7th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings per share of $1.39 for the quarter, down from their previous estimate of $1.42. The consensus estimate for Prologis’ current full-year earnings is $5.73 per share. Zacks Research also issued estimates for Prologis’ Q3 2025 earnings at $1.42 EPS, FY2025 earnings at $5.67 EPS, Q1 2026 earnings at $1.46 EPS, Q2 2026 earnings at $1.50 EPS, Q3 2026 earnings at $1.55 EPS, FY2026 earnings at $6.07 EPS, Q1 2027 earnings at $1.59 EPS and FY2027 earnings at $6.56 EPS.

Prologis (NYSE:PLD) last posted its quarterly earnings data on Wednesday, April 16th. The real estate investment trust reported $1.42 EPS for the quarter, beating the consensus estimate of $1.38 by $0.04. Prologis had a net margin of 45.50% and a return on equity of 6.44%. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.99 billion.

Several other research analysts have also weighed in on the company. Truist Financial lowered their price target on Prologis from $123.00 to $120.00 and set a “buy” rating on the stock in a research report on Monday. Morgan Stanley dropped their price target on shares of Prologis to $120.00 and set an “outperform” rating on the stock in a research report on Monday, April 14th. BTIG Research lowered their price objective on shares of Prologis from $154.00 to $134.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. BMO Capital Markets cut their target price on shares of Prologis from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, April 14th. Finally, BNP Paribas upgraded Prologis to a “strong-buy” rating in a research note on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $121.68.

Prologis Stock Performance

Shares of PLD stock opened at $105.46 on Friday. The firm has a market cap of $97.85 billion, a PE ratio of 26.36, a P/E/G ratio of 2.70 and a beta of 1.25. Prologis has a 12 month low of $85.35 and a 12 month high of $132.57. The company’s fifty day simple moving average is $106.25 and its 200-day simple moving average is $111.51. The company has a quick ratio of 0.43, a current ratio of 0.75 and a debt-to-equity ratio of 0.53.

Prologis Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be issued a $1.01 dividend. This represents a $4.04 annualized dividend and a yield of 3.83%. Prologis’s payout ratio is 101.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Murphy & Mullick Capital Management Corp bought a new stake in shares of Prologis in the 4th quarter valued at $26,000. Crowley Wealth Management Inc. bought a new position in shares of Prologis during the 4th quarter worth about $27,000. Centricity Wealth Management LLC bought a new stake in Prologis in the 4th quarter valued at about $30,000. REAP Financial Group LLC raised its stake in Prologis by 40.0% during the 4th quarter. REAP Financial Group LLC now owns 294 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 84 shares during the period. Finally, Whipplewood Advisors LLC bought a new position in Prologis in the fourth quarter worth approximately $34,000. 93.50% of the stock is owned by institutional investors and hedge funds.

Prologis Company Profile

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.