Prologis (NYSE:PLD) Stock Rating Raised to Strong-Buy at Freedom Broker

Freedom Broker upgraded shares of Prologis (NYSE:PLD) from a hold rating to a strong-buy rating in a research note released on Monday morning,Zacks reports.

A number of other research analysts have also commented on PLD. Weiss Ratings lowered Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 26th. Wells Fargo & Company cut their price objective on Prologis from $167.00 to $166.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 1st. Raymond James Financial upgraded Prologis from a “market perform” rating to an “outperform” rating and set a $163.00 price objective on the stock in a research report on Wednesday. BMO Capital Markets reissued an “outperform” rating on shares of Prologis in a research note on Friday, October 16th. Finally, Scotiabank upgraded Prologis from a “sector perform” rating to a “sector outperform” rating and set a $150.00 target price for the company in a report on Tuesday, October 13th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.64.

Prologis Price Performance

PLD stock opened at $127.61 on Monday. The firm’s 50-day moving average price is $134.85 and its two-hundred day moving average price is $139.78. Prologis has a 12-month low of $121.40 and a 12-month high of $153.35. The stock has a market capitalization of $119.07 billion, a price-to-earnings ratio of 28.17, a PEG ratio of 1.45 and a beta of 1.31. The company has a current ratio of 0.34, a quick ratio of 0.70 and a debt-to-equity ratio of 0.61.

Prologis (NYSE:PLD) last issued its quarterly earnings data on Thursday, October 15th. The real estate investment trust reported $1.60 EPS for the quarter, beating the consensus estimate of $0.78 by $0.82. The firm had revenue of $2.39 billion during 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%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.49 earnings per share. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. As a group, equities analysts predict that Prologis will post 6.28 earnings per share for the current year.

Prologis Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were issued a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Wednesday, September 16th. Prologis’s payout ratio is 94.48%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in Prologis in the second quarter worth about $14,006,587,000. Legal & General Group Plc bought a new position in shares of Prologis during the second quarter valued at approximately $1,473,965,000. Bank of America Corp DE purchased a new position in shares of Prologis during the second quarter valued at approximately $1,427,256,000. Deutsche Bank AG purchased a new position in shares of Prologis during the second quarter valued at approximately $968,959,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Prologis during the second quarter valued at approximately $742,843,000. 93.50% of the stock is currently owned by institutional investors.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Continued demand for warehouses and data centers is keeping Prologis in focus. The company’s large logistics portfolio could benefit from e-commerce, supply-chain investment and data-center expansion. Can Warehouse and Data-Center Demand Keep Prologis in Focus?
• Positive Sentiment: Several analysts remain constructive: Scotiabank set a $150 price target, Freedom Broker upgraded Prologis to Buy, and a Seeking Alpha contributor upgraded the stock after viewing its sell-off as a buying opportunity. Scotiabank Price Target Freedom Broker Upgrade Prologis Buying Opportunity Upgrade
• Neutral Sentiment: SEGRO reported 32% growth in newly contracted headline rent and said Prologis’s takeover is expected to close in the first half of 2027. Strong leasing supports the strategic rationale, while completion timing leaves integration and execution risks. SEGRO Rent Growth and Takeover Update
• Neutral Sentiment: Robert W. Baird reduced its price target from $140 to $136 while maintaining a Neutral rating. The revised target still implies upside from recent trading levels. Baird Prologis Price Target
• Negative Sentiment: An analyst fair-value estimate was trimmed as analysts revised growth and cost assumptions, signaling less near-term valuation upside despite the company’s long-term demand prospects. Prologis Fair Value Trim

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.