Prologis (NYSE:PLD) Releases FY 2026 Earnings Guidance

Prologis (NYSE:PLDGet 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:PLDGet 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

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were given a $1.07 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.0%. Prologis’s dividend payout ratio is 107.81%.

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

(Get Free Report)

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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Earnings History and Estimates for Prologis (NYSE:PLD)

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