Prologis (NYSE:PLD) Announces FY 2026 Earnings Guidance

Prologis (NYSE:PLD) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 6.250-6.290 for the period, compared to the consensus estimate of 6.270.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Raymond James Financial initiated coverage on shares of Prologis in a report on Thursday, June 18th. They issued a “market perform” rating on the stock. Mizuho raised their price target on shares of Prologis from $150.00 to $159.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Wells Fargo & Company decreased their price objective on shares of Prologis from $167.00 to $166.00 and set an “overweight” rating for the company in a report on Tuesday, September 1st. Wall Street Zen raised shares of Prologis from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, BMO Capital Markets dropped their target price on shares of Prologis from $162.00 to $158.00 and set an “outperform” rating on the stock in a research note on Monday, June 29th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Prologis presently has a consensus rating of “Moderate Buy” and an average price target of $154.52.

Prologis Trading Down 2.3%

PLD opened at $130.50 on Thursday. The stock’s fifty day moving average is $136.18 and its two-hundred day moving average is $139.95. The company has a market capitalization of $121.77 billion, a P/E ratio of 29.07 and a beta of 1.31. Prologis has a 52 week low of $116.51 and a 52 week high of $153.35. 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 (NYSE:PLD) last issued its earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.38. Prologis had a return on equity of 7.29% and a net margin of 45.79%. The business had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.16 billion. During the same period in the previous year, the company posted $1.46 EPS. Prologis’s revenue was up 11.0% on a year-over-year basis. Analysts forecast that Prologis will post 6.27 earnings per share for the current year.

Prologis Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were paid a dividend of $1.07 per share. The ex-dividend date was Wednesday, September 16th. This represents a $4.28 annualized dividend and a dividend yield of 3.3%. Prologis’s dividend payout ratio (DPR) is currently 95.32%.

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.