Dernières nouvelles pour Prologis (NYSE:PLD) Stock

Prologis

Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.

Prologis Inc

Plaid Inc

Putnam Sustainable Leaders ETF

PLDT Inc

Across the recent three months, 9 analysts have shared their insights on Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">6</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $133.56, along with a high estimate of $146.00 and a low estimate of $124.00. Observing a downward trend, the current average is 1.31% lower than the prior average price target of $135.33. 
<img src="https://www.benzinga.com/files/images/story/2024/1731952830_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Prologis among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$132.00</td>
<td>$131.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Outperform</td>
<td>$136.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Michael Mueller</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$131.00</td>
<td>$138.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$132.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$131.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$128.00</td>
<td>$124.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$124.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Blaine Heck</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$146.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$142.00</td>
<td>$135.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Prologis. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Prologis compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Prologis's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Prologis's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PLD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Prologis analyst ratings.</a>
<h2>Unveiling the Story Behind Prologis</h2>
Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
<h3>Prologis's Financial Performance</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Prologis showcased positive performance, achieving a revenue growth rate of 6.36% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Prologis's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 49.32% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Prologis's ROE excels beyond industry benchmarks, reaching 1.89%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Prologis's ROA stands out, surpassing industry averages. With an impressive ROA of 1.06%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Prologis's debt-to-equity ratio is below the industry average. With a ratio of 0.61, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Beyond The Numbers: 9 Analysts Discuss Prologis Stock

Barclays analyst Anthony Powell maintains Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) with a Overweight and raises the price target from $131 to $132.

News

Price Target

Barclays Maintains Overweight on Prologis, Raises Price Target to $132

Elon Musk&#8216;s fortune skyrocketed past $300 billion on Friday, fueled by a sharp rally in Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)'s stock after Donald Trump's election as <a href="https://www.benzinga.com/markets/equities/24/11/41813356/elon-musks-net-worth-soars-by-26-5-billion-in-single-day-after-tesla-stock-surges-post-trump-vic">the 47th U.S. president.</a>
According to Forbes&#8217; Real-Time Billionaires List, Musk&#8217;s net worth reached $305 billion — distantly followed by Oracle Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NASDAQ">ORCL</a>) co-founder Larry Ellison at around $231 billion, and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)'s Jeff Bezos, who trails at approximately $225 billion.
Musk is now more than $100 billion richer than Meta Platform Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg.
The electric carmaker's shares rocketed nearly 30% over the week, driving the company's market capitalization beyond the $1 trillion mark and delivering Musk a massive windfall.
Other than deriving much of his wealth from Tesla, Musk has also diversified his fortune in SpaceX, founded in 2002, which is worth nearly $210 billion based on a tender offer launched during the second half of 2024. Musk owns an estimated 42% stake.
Musk bought Twitter in a $44 billion (enterprise value) deal in 2022, although Forbes estimates that the social media company, which he renamed X, is worth nearly 70% less <a href="https://www.benzinga.com/top-stories/24/10/41603930/trump-vs-musk-djt-stock-worth-more-than-latest-x-valuation-thanks-to-2024-election-run-up">as of August 2024</a>.
Musk owns an estimated 60% of xAI, which he founded in 2023. Private investors valued the company at $24 billion in May 2024.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>RANK</th>
<th>NAME</th>
<th>NET WORTH</th>
</tr>
</thead>
<tbody>
<tr>
<td>1</td>
<td>Elon Musk </td>
<td>$305.5 billion</td>
</tr>
<tr>
<td>2</td>
<td>Larry Ellison </td>
<td>$230.9 billion</td>
</tr>
<tr>
<td>3</td>
<td>Jeff Bezos </td>
<td>$225.5 billion</td>
</tr>
<tr>
<td>4</td>
<td>Mark Zuckerberg </td>
<td>$203.4 billion</td>
</tr>
<tr>
<td>5</td>
<td>Bernard Arnault &amp; Family</td>
<td>$165.6 billion</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Forbes Real-Time Billionaires List</figcaption></figure>
<h3 class="wp-block-heading">Why Trump's Victory Was A Big Win For Musk</h3>
Trump's stance on tariffs, specifically on vehicles imported from Europe and China, could potentially make it tougher for foreign carmakers to compete in the U.S. market — an advantage that could drive up Tesla's market share on its home turf.
A Trump presidency would likely mean the end of EV subsidies and tax credits during Tesla&#8217;s second-quarter earnings call.
The impact would be slight for Tesla and devastating for its competitors. &#8220;But long term probably actually helps Tesla, would be my guess, yes,&#8221; Musk has said.
Musk has also been <a href="https://www.benzinga.com/news/24/11/41766808/mark-cuban-congratulates-trump-musk-before-the-election-is-called-says-they-won-fair-and-square">an active political backer</a> for Trump's 2024 campaign, reportedly donating over $130 million to support his re-election efforts.
Trump&#8217;s victory speech didn't shy away from showing gratitude either. 
As Forbes highlighted, Trump took nearly 4 minutes in his first speech to praise Musk, calling him a "super genius" and highlighting Tesla's achievements, from SpaceX's rocket launches to the expanding satellite internet network.
"A star is born — Elon!" Trump declared.
Musk has expressed enthusiasm about heading a proposed Department of Government Efficiency (D.O.G.E.), where he'd lead efforts to trim wasteful spending from the federal budget. Trump touted Musk as the ideal candidate to serve as the "Secretary of Cost-Cutting," potentially overseeing an ambitious plan to slash $2 trillion in federal expenses.
<h3 class="wp-block-heading">Musk&#8217;s Wealth Outpaces 475 S&amp;P 500 Companies</h3>
To put his wealth into perspective, Musk could theoretically buy out companies in the S&amp;P 500 with valuations smaller than his own, a list as big as 474 names.
Major corporations like Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>), valued at $287 billion, and The Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) at $276 billion, are now "within reach" for Musk's personal fortune.
With $305 billion, Musk could also theoretically acquire three companies in the $100 billion range, like Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>), Deere &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) and Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>), with cash to spare.
Read Next:
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Large Cap

Politics

Management

Tech

AMZN

LRCX

ORCL

TSLA

Elon Musk's Wealth Tops $300 Billion As Tesla's Market Cap Soars Above $1 Trillion

Scotiabank analyst Nicholas Yulico maintains Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) with a Sector Outperform and lowers the price target from $142 to $136.

Scotiabank Maintains Sector Outperform on Prologis, Lowers Price Target to $136

WIIM

Prologis shares are trading lower after Goldman Sachs downgraded the stock from Buy to Neutral and lowered its price target from $142 to $132.

JP Morgan analyst Michael Mueller maintains Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) with a Overweight and lowers the price target from $138 to $131.

JP Morgan Maintains Overweight on Prologis, Lowers Price Target to $131

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>JP Morgan analyst Ryan Brinkman downgraded Hertz Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) from Neutral to Underweight. Hertz Global shares closed at $3.25 on Friday. <a href="https://www.benzinga.com/quote/HTZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs analyst Caitlin Burrows downgraded the rating for Prologis, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) from Buy to Neutral and slashed the price target from $142 to $132. Prologis shares closed at $122.50 on Friday. <a href="https://www.benzinga.com/quote/PLD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays analyst Brandon Oglenski downgraded United Parcel Service, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) from Equal-Weight to Underweight and maintained the price target of $120. UPS shares closed at $135.93 on Friday. <a href="https://www.benzinga.com/quote/UPS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>TD Cowen analyst Jeffrey Osborne downgraded SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) from Buy to Hold and lowered the price target from $35 to $16. SolarEdge shares closed at $17.31 on Friday. <a href="https://www.benzinga.com/quote/SEDG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Ryan Brinkman downgraded the rating for Camping World Holdings, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWH#NYSE">CWH</a>) from Overweight to Neutral and lowered the price target from $25 to $24. Camping World shares closed at $23.12 on Friday. <a href="https://www.benzinga.com/quote/CWH/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying UPS stock? Here&#8217;s what analysts think: 
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</ul>

Downgrades

Pre-Market Outlook

Markets

Trading Ideas

SEDG

This UPS Analyst Turns Bearish; Here Are Top 5 Downgrades For Monday

Goldman Sachs analyst Caitlin Burrows downgrades Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) from Buy to Neutral and lowers the price target from $142 to $132.

Goldman Sachs Downgrades Prologis to Neutral, Lowers Price Target to $132

Prologis shares are trading higher following a Q3 FFO beat. The company also raised the bottom end of its FY24 FFO guidance.

Prologis, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) shares are trading higher after the company&nbsp;reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/n41354646/prologis-reports-third-quarter-results" rel="noreferrer noopener">third-quarter financial results</a>.
Rental revenue of $1.90 billion missed the consensus estimates of $1.95 billion. The company&#8217;s average occupancy stood at 95.9%, with a leased 49.0MSF operating portfolio and a 1.8MSF development portfolio.
Core funds from operations per diluted share were&nbsp;$1.43, higher than&nbsp;$1.30 a year ago and above&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of&nbsp;$1.37</a>.
During the quarter, Prologis and its co-investment ventures issued an aggregate of&nbsp;$4.6 billion of debt at a weighted average interest rate of&nbsp;4.6% and a weighted average term of&nbsp;8.9 years.&nbsp;
As of quarter-end, debt as a percentage of total market capitalization was&nbsp;23.1%, and the company&#8217;s weighted average interest rate on its share of total debt was&nbsp;3.1%, with a weighted average term of 9.2&nbsp;years.
FY24 Guidance: Prologis revised the outlook for core FFO attributable to common stockholders/unitholders to $5.42 &#8211; $5.46 (from $5.39 &#8211; $5.47) <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">versus the consensus of $5.42.</a>
Also, the company revised the outlook for net earnings per share to $3.35 &#8211; $3.45 (from $3.25 &#8211; $3.45).
The company revised average occupancy&nbsp;guidance&nbsp;to 96.00% &#8211; 96.50% <a target="_blank" href="https://www.benzinga.com/news/earnings/24/07/39816762/why-industrial-reit-prologis-shares-are-trading-higher-today" rel="noreferrer noopener">(from 95.75% &#8211; 96.75%) in FY24</a>.
Hamid R. Moghadam, co-founder and CEO, said, &#8220;Looking ahead, the supply picture is improving, and the long-term demand drivers for our business remain strong. Going forward, we find ourselves in an enviable position as the partner of choice for leading global customers, to meet their needs in supply chain, digital and energy infrastructure.&#8221;
Investors can gain exposure to the stock via&nbsp;Pacer Industrial Real Estate ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INDS#NYSE">INDS</a>) and&nbsp;SP Funds S&amp;P Global REIT Sharia ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPRE#NYSE">SPRE</a>).
Price Action:&nbsp;PLD shares are up 1.32% at $122.99 premarket at the last check Wednesday.
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Earnings

Equities

Guidance

Pacer Benchmark Industrial Real Estate SCTR ETF

INDS

SPRE

Logistics Real Estate Company Prologis' Q3 Earnings: FFO Beats, Revenue Misses, Revises FY24 Guidance

Prologis Sees FY24 Core FFO $5.49-$5.53 Vs $5.46-$5.54 Prior

Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) reported quarterly earnings of $1.43 per share which beat the analyst consensus estimate of $1.37 by 4.38 percent. The company reported quarterly sales of $1.90 billion which missed the analyst consensus estimate of $1.95 billion by 2.54 percent. This is a 6.75 percent increase over sales of $1.78 billion the same period last year.

Earnings Beats

Earnings Misses

Prologis Q3 2024 FFO $1.43 Beats $1.37 Estimate, Sales $1.90B Miss $1.95B Estimate

Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) is preparing to release its quarterly earnings on Wednesday, 2024-10-16. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Prologis to report an earnings per share (EPS) of $1.38.
The market awaits Prologis's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Performance in Previous Earnings</h3>
During the last quarter, the company reported an EPS beat by $0.01, leading to a 0.48% drop in the share price on the subsequent day.
Here's a look at Prologis's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.33</td>
<td>1.28</td>
<td></td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.34</td>
<td>1.28</td>
<td>1.26</td>
<td>1.3</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.0%</td>
<td>-2.0%</td>
<td>-0.0%</td>
<td>-3.0%</td>
</tr>
</tbody>
</table>

<h3>Stock Performance</h3>
Shares of Prologis were trading at $120.46 as of October 14. Over the last 52-week period, shares are up 16.07%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analyst Insights on Prologis</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Prologis.
Analysts have given Prologis a total of 15 ratings, with the consensus rating being Neutral. The average one-year price target is $133.93, indicating a potential 11.18% upside.
<h3>Peer Ratings Comparison</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of Lineage, Rexford Industrial Realty and EastGroup Props, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>For Lineage, analysts project an Outperform trajectory, with an average 1-year price target of $93.36, indicating a potential 22.5% downside.</li>
<li>Analysts currently favor an Outperform trajectory for Rexford Industrial Realty, with an average 1-year price target of $55.14, suggesting a potential 54.23% downside.</li>
<li>EastGroup Props is maintaining an Outperform status according to analysts, with an average 1-year price target of $198.69, indicating a potential 64.94% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
In the peer analysis summary, key metrics for Lineage, Rexford Industrial Realty and EastGroup Props are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Prologis</td>
<td>Neutral</td>
<td>-18.08%</td>
<td>$1.49B</td>
<td>1.62%</td>
</tr>
<tr>
<td>Lineage</td>
<td>Outperform</td>
<td>-0.59%</td>
<td>$447M</td>
<td>-1.01%</td>
</tr>
<tr>
<td>Rexford Industrial Realty</td>
<td>Outperform</td>
<td>21.36%</td>
<td>$185.67M</td>
<td>1.01%</td>
</tr>
<tr>
<td>EastGroup Props</td>
<td>Outperform</td>
<td>13.73%</td>
<td>$115.24M</td>
<td>2.04%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Prologis ranks at the top for Gross Profit and Return on Equity among its peers. It is in the middle for Revenue Growth.
<h3>Discovering Prologis: A Closer Look</h3>
Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
<h3>Prologis's Economic Impact: An Analysis</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Negative Revenue Trend: Examining Prologis's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -18.08% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Prologis's net margin is impressive, surpassing industry averages. With a net margin of 42.82%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Prologis's ROE stands out, surpassing industry averages. With an impressive ROE of 1.62%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.92%, the company showcases effective utilization of assets.
Debt Management: Prologis's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.56.
<a href="https://www.benzinga.com/quote/PLD/earnings">To track all earnings releases for Prologis visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What to Expect from Prologis's Earnings

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">NetSTREIT Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTST#NYSE">NTST</a>)</h3>
<ul>
<li>NETSTREIT will release its third quarter 2024 financial results on Nov. 4, 2024 after the close of trading on the NYSE. The company's stock fell around 10% over the past month and has a <a href="https://www.benzinga.com/quote/NTST">52-week low of $13.49</a>.</li>
<li>RSI Value: 27.18</li>
<li>NTST Price Action: Shares of NetSTREIT closed at $15.44 on Thursday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1">latest NTST news.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="827" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11074314/image-81.png" alt="" class="wp-image-591085" style="width:653px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11074314/image-81.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11074314/image-81-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11074314/image-81-768x700.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Lineage Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LINE#NASDAQ">LINE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>Lineage will report its financial results for the third quarter of 2024 on Wednesday, Nov. 6, 2024, before the opening bell. The company's stock fell around 10% over the past month. It <a href="https://www.benzinga.com/quote/LINE">has a 52-week low</a> of $73.16.</li>
<li>RSI Value: 26.01</li>
<li>LINE Price Action: Shares of Lineage fell 0.4% to close at $73.99 on Thursday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1">trend in LINE stock</a>. </li>
</ul>
<figure class="wp-block-image is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img decoding="async" src="blob:https://editorial.benzinga.com/5734f4ce-a22d-4a27-988c-ae3f3af79c38" alt="" style="width:628px;height:auto" /></a></figure>
<h3 class="wp-block-heading">Prologis Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>)</h3>
<ul>
<li>On Oct. 10, Barclays analyst Anthony Powell maintained Prologis with an Overweight and lowered the price target from $142 to $131. The company's shares fell around 11% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/PLD">low of $10.02</a>.</li>
<li>RSI Value: 28.20</li>
<li>PLD Price Action: Shares of Prologis fell 0.5% to close at $118.28 on Tuesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1">breakout in PLD shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="868" height="830" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11074514/image-83.png" alt="" class="wp-image-591091" style="width:660px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11074514/image-83.png 868w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11074514/image-83-300x287.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11074514/image-83-768x734.png 768w" sizes="(max-width: 868px) 100vw, 868px" /></a></figure>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41286575/s-p-pulls-back-from-record-high-as-inflation-data-dents-investor-optimism-fear-index-remains-in-gre">S&amp;P Pulls Back From Record High As Inflation Data Dents Investor Optimism: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

Long Ideas

LINE

NTST

Top 3 Real Estate Stocks That May Explode This Quarter

16 analysts have expressed a variety of opinions on Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Prologis, presenting an average target of $132.75, a high estimate of $156.00, and a low estimate of $115.00. This current average reflects an increase of 3.93% from the previous average price target of $127.73. 
<img src="https://www.benzinga.com/files/images/story/2024/1728579662_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The perception of Prologis by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$131.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$128.00</td>
<td>$124.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$124.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Blaine Heck</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$146.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$142.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$122.00</td>
<td>$123.00</td>
</tr>
<tr>
<td>Ronald Kamdem</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$133.00</td>
<td>$132.00</td>
</tr>
<tr>
<td>Jeffrey Spector</td>
<td>B of A Securities</td>
<td>Announces</td>
<td>Neutral</td>
<td>$128.00</td>
<td>-</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$135.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Ki Bin Kim</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$137.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Michael Carroll</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$127.00</td>
<td>$124.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$142.00</td>
<td>$123.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$156.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Marie Ferguson</td>
<td>Argus Research</td>
<td>Raises</td>
<td>Buy</td>
<td>$135.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$123.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>John Kim</td>
<td>BMO Capital</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$115.00</td>
<td>$115.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Prologis. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Prologis compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Prologis's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
For valuable insights into Prologis's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PLD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Prologis analyst ratings.</a>
<h2>Get to Know Prologis Better</h2>
Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
<h3>Key Indicators: Prologis's Financial Health</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Negative Revenue Trend: Examining Prologis's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -18.08% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Prologis's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 42.82%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Prologis's ROE excels beyond industry benchmarks, reaching 1.62%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Prologis's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.92% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Prologis's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.56.
<h2>Analyst Ratings: Simplified</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Landscape: 16 Takes On Prologis

Barclays analyst Anthony Powell maintains Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) with a Overweight and lowers the price target from $142 to $131.

Barclays Maintains Overweight on Prologis, Lowers Price Target to $131

Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) has outperformed the market over the past 10 years by 1.37% on an annualized basis producing an average annual return of 12.75%. Currently, Prologis has a market capitalization of $114.67 billion. 
Buying $1000 In PLD: If an investor had bought $1000 of PLD stock 10 years ago, it would be worth $3,282.53 today based on a price of $123.85 for PLD at the time of writing.
<h3>Prologis's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727805632_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Prologis 10 Years Ago Would Be Worth This Much Today

Sales of single-family homes fell last <a href="https://www.benzinga.com/real-estate/24/06/39465243/u-s-home-sales-decline-for-third-month-as-record-prices-pose-persistent-affordability-challenges-dur">month from July </a>but rose from a year ago as mortgage rates kept falling.
New single-family home sales fell 4.7% in August from the prior month to an annualized rate of 716,000, according to estimates released on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development.
That was up 9.8% from an annualized rate of 652,000 home sales in August 2023.
The latest month-over-month decline was in contrast to a 10.3% jump in single-family home sales from June to July.
Single-family home sales fell the most from July to August in the West, falling 17.8% to an annualized rate of 152,000 in that region.
Read Also: <a href="https://www.benzinga.com/real-estate/24/06/39398524/home-sales-suffer-third-worst-month-in-the-last-10-years">Home Sales Suffer Third Worst Month In The Last 10 Years</a>
Sales of all homes, which also included condominiums, townhomes and co-ops, slipped 2.5% from July to a seasonally adjusted annual rate of 3.86 million in August, according to latest figures from the National Association of Realtors (NAR). Year-over-year sales for August declined 4.2% from 4.03 million in August 2023.
"Home sales were disappointing again in August, but the recent development of lower mortgage rates coupled with increasing inventory is a powerful combination that will provide the environment for sales to move higher in future months," NAR chief economist Lawrence Yun said.
"The home-buying process, from the initial search to getting the house keys, typically takes several months."
The interest rate on a 30-year mortgage fell to a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41024067/mortgage-demand-soars-as-fed-interest-rate-cut-fuels-housing-market-revival-next-sp">two-year low of 6.13%</a>, a week after the Federal Reserve cut interest rates by 50 basis points to mark the first Fed rate cut in four years.
Price Action: Lennar Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>), one of the largest homebuilders with a market cap of $49.5 billion, slipped 1.29% to close Wednesday at $181.86.
<ul>
<li>IShares U.S. Home Construction ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITB#BATS">ITB</a>) slipped 1.71%</li>
<li>Direxion Daily Homebuilders &amp; Supplies Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAIL#NYSE">NAIL</a>) fell 4.94%</li>
<li>AdvisorShares Gerber Kawasaki ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GK#NYSE">GK</a>) went up 0.17%</li>
</ul>
Read Now: 
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/07/39909262/us-home-sales-see-sharpest-monthly-decline-in-1-5-years-as-record-high-prices-keep-buyers-on-the-s">US Home Sales See Sharpest Monthly Decline In 1.5 Years As Record High Prices Keep Buyers On The Sideline</a></li>
</ul>
Photo: Floridastock via Shutterstock

REIT

iShares Dow Jones US Homenstruction Index Fund

NAIL

New US Single-Family Home Sales Fall From Prior Month — But Are Up From A Year Ago As Mortgage Rates Decline

Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) underwent analysis by 15 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $132.87, a high estimate of $156.00, and a low estimate of $115.00. This upward trend is apparent, with the current average reflecting a 4.86% increase from the previous average price target of $126.71.
<img src="https://www.benzinga.com/files/images/story/2024/1726506013_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A comprehensive examination of how financial experts perceive Prologis is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$128.00</td>
<td>$124.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$124.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Blaine Heck</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$146.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$142.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$122.00</td>
<td>$123.00</td>
</tr>
<tr>
<td>Ronald Kamdem</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$133.00</td>
<td>$132.00</td>
</tr>
<tr>
<td>Jeffrey Spector</td>
<td>B of A Securities</td>
<td>Announces</td>
<td>Neutral</td>
<td>$128.00</td>
<td>-</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$135.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Ki Bin Kim</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$137.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Michael Carroll</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$127.00</td>
<td>$124.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$142.00</td>
<td>$123.00</td>
</tr>
<tr>
<td>Caitlin Burrows</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$156.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Marie Ferguson</td>
<td>Argus Research</td>
<td>Raises</td>
<td>Buy</td>
<td>$135.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$123.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>John Kim</td>
<td>BMO Capital</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$115.00</td>
<td>$115.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Prologis. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Prologis compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Prologis's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Prologis's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/PLD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Prologis analyst ratings.</a>
<h2>About Prologis</h2>
Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.2 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
<h3>Financial Insights: Prologis</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Prologis's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -18.08%. This indicates a decrease in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Prologis's net margin excels beyond industry benchmarks, reaching 42.82%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Prologis's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.62%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Prologis's ROA excels beyond industry benchmarks, reaching 0.92%. This signifies efficient management of assets and strong financial health.
Debt Management: Prologis's debt-to-equity ratio is below the industry average at 0.56, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Significance of Analyst Ratings Explained</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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