Prologis (NYSE:PLD) Issues Earnings Results

Prologis (NYSE:PLD) issued its earnings results on Wednesday. The real estate investment trust reported $1.44 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.44, Zacks reports. Prologis had a net margin of 36.71% and a return on equity of 5.55%. Prologis updated its FY 2026 guidance to 6.000-6.200 EPS.

Prologis Trading Down 1.9%

Prologis stock opened at $130.74 on Wednesday. Prologis has a 52 week low of $85.35 and a 52 week high of $134.94. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.64 and a current ratio of 0.64. The firm has a market capitalization of $121.44 billion, a PE ratio of 38.12, a PEG ratio of 3.90 and a beta of 1.40. The business’s 50-day simple moving average is $128.12 and its 200-day simple moving average is $118.90.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th were given a dividend of $1.01 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $4.04 dividend on an annualized basis and a yield of 3.1%. Prologis’s payout ratio is currently 117.78%.

Insider Buying and Selling

In related news, Director Cristina Gabriela Bita sold 621 shares of Prologis stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $127.60, for a total transaction of $79,239.60. Following the sale, the director directly owned 8,208 shares of the company’s stock, valued at $1,047,340.80. This trade represents a 7.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James B. Connor sold 80,000 shares of the company’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $126.58, for a total value of $10,126,400.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 81,121 shares of company stock valued at $10,267,210. Corporate insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Prologis

Institutional investors have recently added to or reduced their stakes in the stock. BOKF NA lifted its position in shares of Prologis by 13.9% during the 3rd quarter. BOKF NA now owns 1,759 shares of the real estate investment trust’s stock worth $201,000 after buying an additional 215 shares during the period. Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Prologis in the third quarter valued at $213,000. Armistice Capital LLC bought a new position in shares of Prologis in the third quarter worth about $218,000. Moors & Cabot Inc. raised its position in Prologis by 6.6% in the 3rd quarter. Moors & Cabot Inc. now owns 2,177 shares of the real estate investment trust’s stock worth $249,000 after purchasing an additional 134 shares during the last quarter. Finally, DF Dent & Co. Inc. boosted its holdings in Prologis by 8.6% in the third quarter. DF Dent & Co. Inc. now owns 2,215 shares of the real estate investment trust’s stock valued at $254,000 after acquiring an additional 176 shares during the last quarter. 93.50% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Prologis in a report on Monday, December 29th. BTIG Research raised their target price on shares of Prologis from $134.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, December 31st. UBS Group lifted their price target on Prologis from $137.00 to $144.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. BMO Capital Markets raised Prologis from an “underperform” rating to a “market perform” rating and set a $119.00 price target on the stock in a research report on Monday, October 20th. Finally, Morgan Stanley set a $135.00 target price on Prologis in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Prologis presently has a consensus rating of “Moderate Buy” and an average target price of $133.00.

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.