Zacks Research Has Pessimistic View of Prologis Q1 Earnings

Prologis, Inc. (NYSE:PLD) – Equities researchers at Zacks Research reduced their Q1 2025 EPS estimates for shares of Prologis in a research report issued on Tuesday, January 14th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will earn $1.38 per share for the quarter, down from their prior forecast of $1.39. The consensus estimate for Prologis’ current full-year earnings is $5.45 per share. Zacks Research also issued estimates for Prologis’ Q2 2025 earnings at $1.43 EPS, Q3 2025 earnings at $1.48 EPS, Q4 2025 earnings at $1.49 EPS, FY2025 earnings at $5.79 EPS, Q1 2026 earnings at $1.51 EPS, Q2 2026 earnings at $1.53 EPS, Q3 2026 earnings at $1.59 EPS, Q4 2026 earnings at $1.59 EPS and FY2026 earnings at $6.22 EPS.

Prologis (NYSE:PLD) last announced its quarterly earnings data on Wednesday, October 16th. The real estate investment trust reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.29). The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.91 billion. Prologis had a net margin of 39.08% and a return on equity of 5.34%. Prologis’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period last year, the company posted $1.30 earnings per share.

PLD has been the topic of a number of other reports. Truist Financial lowered their price objective on Prologis from $137.00 to $132.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. Scotiabank dropped their price objective on Prologis from $136.00 to $134.00 and set a “sector outperform” rating on the stock in a report on Wednesday, December 4th. Mizuho reduced their target price on Prologis from $119.00 to $117.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Raymond James restated an “outperform” rating and issued a $125.00 price objective (down from $130.00) on shares of Prologis in a research report on Wednesday, December 11th. Finally, BMO Capital Markets cut shares of Prologis from a “market perform” rating to an “underperform” rating and lowered their target price for the stock from $120.00 to $104.00 in a research note on Friday, December 6th. One analyst has rated the stock with a sell rating, six have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Prologis presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.06.

Prologis Stock Performance

Shares of PLD opened at $111.00 on Thursday. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.43 and a quick ratio of 0.43. The firm has a market cap of $102.80 billion, a PE ratio of 33.53, a PEG ratio of 2.85 and a beta of 1.09. Prologis has a 1 year low of $100.82 and a 1 year high of $135.76. The stock’s fifty day moving average price is $110.53 and its two-hundred day moving average price is $118.36.

Institutional Investors Weigh In On Prologis

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Fund Management LLC bought a new position in shares of Prologis during the fourth quarter valued at about $1,469,000. Strong Tower Advisory Services increased its holdings in Prologis by 30.1% during the 4th quarter. Strong Tower Advisory Services now owns 2,550 shares of the real estate investment trust’s stock valued at $270,000 after purchasing an additional 590 shares during the period. Sarasin & Partners LLP raised its position in Prologis by 0.3% during the 4th quarter. Sarasin & Partners LLP now owns 936,862 shares of the real estate investment trust’s stock valued at $99,026,000 after purchasing an additional 2,814 shares during the last quarter. Liberty One Investment Management LLC raised its position in Prologis by 10.3% during the 4th quarter. Liberty One Investment Management LLC now owns 39,443 shares of the real estate investment trust’s stock valued at $4,169,000 after purchasing an additional 3,693 shares during the last quarter. Finally, Clarius Group LLC lifted its holdings in Prologis by 22.7% in the 4th quarter. Clarius Group LLC now owns 5,338 shares of the real estate investment trust’s stock worth $564,000 after buying an additional 988 shares during the period. 93.50% of the stock is currently owned by institutional investors.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a $0.96 dividend. This represents a $3.84 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend was Monday, December 16th. Prologis’s dividend payout ratio is 116.01%.

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.