Prologis (NYSE:PLD) Issues FY 2026 Earnings Guidance

Prologis (NYSE:PLD) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.220-6.300 for the period, compared to the consensus EPS estimate of 6.170. The company issued revenue guidance of -.

Prologis Trading Up 0.7%

Prologis stock opened at $143.46 on Thursday. Prologis has a 52-week low of $103.41 and a 52-week high of $150.18. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $133.75 billion, a price-to-earnings ratio of 36.14 and a beta of 1.32. The firm has a 50-day moving average price of $142.87 and a two-hundred day moving average price of $137.67.

Prologis (NYSE:PLD) last released its quarterly earnings results on Thursday, April 16th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.24. Prologis had a return on equity of 6.47% and a net margin of 41.54%.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 business posted $1.43 earnings per share. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. Sell-side analysts expect that Prologis will post 6.17 earnings per share for the current year.

Prologis Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PLD. BTIG Research upped their price target on shares of Prologis from $160.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Jefferies Financial Group dropped their target price on Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Citigroup upped their target price on Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. DA Davidson lifted their price target on Prologis from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Finally, Evercore set a $135.00 target price on shares of Prologis in a research note on Friday, April 17th. Fifteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $152.00.

Insider Activity

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of Prologis stock in a transaction on Monday, June 15th. The shares were sold at an average price of $150.00, for a total transaction of $539,550.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.52% of the stock is owned by company insiders.

Institutional Investors Weigh In On Prologis

Several institutional investors and hedge funds have recently modified their holdings of PLD. Charles Schwab Investment Management Inc. lifted its position in shares of Prologis by 4.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,639,644 shares of the real estate investment trust’s stock worth $1,485,917,000 after buying an additional 516,765 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Prologis by 1.2% in the 3rd quarter. Wellington Management Group LLP now owns 6,995,375 shares of the real estate investment trust’s stock worth $801,110,000 after purchasing an additional 85,012 shares during the last quarter. Amundi lifted its stake in shares of Prologis by 1.6% in the fourth quarter. Amundi now owns 5,742,028 shares of the real estate investment trust’s stock worth $733,027,000 after buying an additional 90,465 shares during the last quarter. Federated Hermes Inc. lifted its stake in shares of Prologis by 3.1% in the fourth quarter. Federated Hermes Inc. now owns 4,386,436 shares of the real estate investment trust’s stock worth $559,972,000 after buying an additional 130,200 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in shares of Prologis by 2.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,718,369 shares of the real estate investment trust’s stock worth $390,875,000 after buying an additional 103,597 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

Prologis Company Profile

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.