Prologis (NYSE:PLD – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.220-6.300 for the period, compared to the consensus estimate of 6.170. The company issued revenue guidance of -.
Prologis Stock Performance
NYSE:PLD opened at $143.46 on Thursday. The company has a market cap of $133.75 billion, a P/E ratio of 36.14 and a beta of 1.32. Prologis has a twelve month low of $103.41 and a twelve month high of $150.18. The company’s 50-day moving average price is $142.87 and its 200-day moving average price is $137.67. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60.
Prologis (NYSE:PLD – Get Free Report) last announced its quarterly earnings data on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.24. Prologis had a net margin of 41.54% and a return on equity of 6.47%. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter in the prior year, the company earned $1.43 EPS. Prologis’s revenue was up 6.9% compared to the same quarter last year. On average, sell-side analysts forecast that Prologis will post 6.17 earnings per share for the current fiscal year.
Prologis Announces Dividend
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the company. BMO Capital Markets cut their price target on Prologis from $162.00 to $158.00 and set an “outperform” rating for the company in a report on Monday, June 29th. Weiss Ratings raised Prologis from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. DA Davidson upped their target price on Prologis from $140.00 to $160.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Barclays reaffirmed an “overweight” rating on shares of Prologis in a research note on Thursday. Finally, Wall Street Zen lowered Prologis from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. Fifteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $152.00.
Check Out Our Latest Analysis on PLD
Insider Buying and Selling at Prologis
In related news, CFO Timothy D. Arndt sold 3,597 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.52% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Acumen Wealth Advisors LLC acquired a new position in shares of Prologis in the 4th quarter worth approximately $39,000. Rossby Financial LCC increased its holdings in Prologis by 41.9% in the 4th quarter. Rossby Financial LCC now owns 467 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 138 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new stake in Prologis in the fourth quarter valued at approximately $67,000. Truvestments Capital LLC raised its position in Prologis by 11.4% in the fourth quarter. Truvestments Capital LLC now owns 990 shares of the real estate investment trust’s stock valued at $126,000 after purchasing an additional 101 shares during the period. Finally, Prosperity Bancshares Inc acquired a new position in Prologis during the fourth quarter worth $131,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.
About Prologis
Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.
With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.
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