Zacks Research Has Negative Outlook of Prologis Q1 Earnings

Prologis, Inc. (NYSE:PLD) – Equities researchers at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for Prologis in a 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 forecast 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.

Several other research firms have also recently weighed in on PLD. Truist Financial boosted their price objective on shares of Prologis from $121.00 to $123.00 and gave the company a “buy” rating in a report on Monday, January 27th. BMO Capital Markets cut Prologis from a “market perform” rating to an “underperform” rating and lowered their price target for the company from $120.00 to $104.00 in a report on Friday, December 6th. BTIG Research dropped their price target on Prologis from $154.00 to $134.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. Wolfe Research reduced their price objective on Prologis from $135.00 to $128.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Finally, Scotiabank dropped their target price on Prologis from $134.00 to $133.00 and set a “sector outperform” rating on the stock in a research report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Prologis has a consensus rating of “Moderate Buy” and an average target price of $128.78.

Prologis Price Performance

Shares of NYSE:PLD opened at $119.81 on Thursday. The business has a 50-day simple moving average of $111.39 and a two-hundred day simple moving average of $118.15. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.43 and a current ratio of 0.23. The firm has a market cap of $110.96 billion, a price-to-earnings ratio of 29.95, a price-to-earnings-growth ratio of 2.64 and a beta of 1.10. Prologis has a fifty-two week low of $100.82 and a fifty-two week high of $135.76.

Institutional Trading of Prologis

A number of large investors have recently added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp bought a new stake in Prologis in the fourth quarter worth $26,000. Crowley Wealth Management Inc. bought a new stake in shares of Prologis in the 4th quarter worth about $27,000. Centricity Wealth Management LLC purchased a new stake in shares of Prologis during the 4th quarter valued at about $30,000. Dunhill Financial LLC raised its position in shares of 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 buying an additional 182 shares in the last quarter. Finally, Whipplewood Advisors LLC bought a new position in shares of Prologis in the 4th quarter valued at about $34,000. Institutional investors own 93.50% of the company’s stock.

Insider Buying and Selling at Prologis

In related news, CIO Joseph Ghazal sold 10,997 shares of the business’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $118.74, for a total value of $1,305,783.78. Following the sale, the executive now directly owns 7,977 shares in the company, valued at approximately $947,188.98. The trade was a 57.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.50% of the company’s stock.

Prologis Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were paid a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend was Monday, December 16th. Prologis’s payout ratio is currently 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.