Prologis (NYSE:PLD – Get Free Report) announced its earnings results on Thursday. The real estate investment trust reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.82, Zacks reports. Prologis had a net margin of 45.79% and a return on equity of 7.29%. Prologis updated its FY 2026 guidance to 6.250-6.290 EPS.
Prologis Stock Performance
Prologis stock opened at $130.50 on Thursday. The firm has a fifty day simple moving average of $136.18 and a two-hundred day simple moving average of $139.95. Prologis has a twelve month low of $116.51 and a twelve month high of $153.35. The company has a market capitalization of $121.77 billion, a PE ratio of 29.07 and a beta of 1.31. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.63.
Prologis Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were given a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Wednesday, September 16th. Prologis’s dividend payout ratio (DPR) is presently 95.32%.
Prologis News Summary
- Positive Sentiment: Prologis reported third-quarter net earnings of $0.86 per diluted share, up from $0.82 a year earlier. Management also cited healthy customer demand, supporting the company’s ongoing leasing momentum. Prologis Reports Third Quarter 2026 Results
- Positive Sentiment: Scotiabank upgraded PLD to Outperform from Sector Perform and assigned a $150 price target, signaling improved confidence in the industrial real estate investment trust’s growth prospects. Scotiabank upgrades Prologis stock to Outperform at USD 150.00
- Positive Sentiment: Prologis is pursuing growth through a higher offer for U.K. warehouse operator Segro, which could expand its logistics-property portfolio if completed. Prologis Raises Offer for UK Warehouse Giant Segro
- Neutral Sentiment: The company’s fiscal 2026 EPS guidance is $6.25–$6.29, with a midpoint of $6.27 that matches the analyst consensus estimate. The forecast maintains expectations but does not provide a clear earnings upside surprise.
- Negative Sentiment: Elevated interest rates and borrowing costs remain a headwind for Prologis, potentially pressuring property valuations, development economics and financing flexibility.
- Negative Sentiment: The increased Segro offer could require substantial capital and add execution or integration risk, tempering the benefit of the proposed portfolio expansion.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the company. Wells Fargo & Company cut their price objective on Prologis from $167.00 to $166.00 and set an “overweight” rating for the company in a report on Tuesday, September 1st. BTIG Research raised their price objective on Prologis from $160.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Truist Financial raised their price objective on Prologis from $154.00 to $162.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Barclays boosted their target price on Prologis from $139.00 to $156.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Finally, Raymond James Financial initiated coverage on Prologis in a research note on Thursday, June 18th. They issued a “market perform” rating for the company. Seventeen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Prologis presently has a consensus rating of “Moderate Buy” and an average target price of $154.52.
Check Out Our Latest Report on PLD
About Prologis
Prologis, Inc (NYSE: PLD) is a global logistics real estate company that owns, develops, acquires and manages distribution facilities, warehouses and other properties used throughout the supply chain. Its portfolio serves manufacturers, retailers, transportation providers and third-party logistics companies.
The company provides logistics real estate and related services in key markets across North America, Europe, Asia and Latin America. Its properties are generally located near major population centers, transportation hubs, ports and trade corridors, supporting e-commerce, industrial and distribution operations.
Prologis traces its roots to 1983 and was created in its current form through the 1999 merger of ProLogis and Security Capital Industrial Trust.
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