Prologis (NYSE:PLD) Updates FY 2025 Earnings Guidance

Prologis (NYSE:PLD) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 5.650-5.810 for the period, compared to the consensus EPS estimate of 5.730. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several research firms have recently commented on PLD. Mizuho decreased their target price on Prologis from $119.00 to $117.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Truist Financial boosted their target price on shares of Prologis from $121.00 to $123.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Scotiabank reaffirmed a “sector underperform” rating and issued a $97.00 price objective (down from $133.00) on shares of Prologis in a research note on Monday, April 7th. Royal Bank of Canada boosted their target price on Prologis from $125.00 to $128.00 and gave the stock a “sector perform” rating in a research note on Monday, January 27th. Finally, Wolfe Research reduced their price target on shares of Prologis from $135.00 to $128.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $126.78.

Prologis Trading Up 1.2 %

Shares of Prologis stock traded up $1.15 on Wednesday, hitting $99.63. 833,930 shares of the company’s stock traded hands, compared to its average volume of 4,154,786. The company has a market capitalization of $92.36 billion, a price-to-earnings ratio of 24.84, a price-to-earnings-growth ratio of 2.70 and a beta of 1.20. The company has a fifty day moving average of $112.53 and a two-hundred day moving average of $113.68. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.75 and a quick ratio of 0.43. Prologis has a one year low of $85.35 and a one year high of $132.57.

Prologis (NYSE:PLD) last announced its quarterly earnings data on Wednesday, April 16th. The real estate investment trust reported $1.42 EPS for the quarter, topping the consensus estimate of $1.38 by $0.04. Prologis had a net margin of 45.50% and a return on equity of 6.44%. As a group, sell-side analysts expect that Prologis will post 5.73 earnings per share for the current year.

Prologis Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th were given a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date was Tuesday, March 18th. This is a boost from Prologis’s previous quarterly dividend of $0.96. Prologis’s dividend payout ratio is 101.00%.

Insider Activity at Prologis

In other Prologis news, CIO Joseph Ghazal sold 10,997 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $118.74, for a total value of $1,305,783.78. Following the completion of the sale, the executive now owns 7,977 shares of the company’s stock, valued at approximately $947,188.98. This trade represents a 57.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Prologis

An institutional investor recently raised its position in Prologis stock. Brighton Jones LLC increased its holdings in Prologis, Inc. (NYSE:PLD) by 629.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,475 shares of the real estate investment trust’s stock after acquiring an additional 15,078 shares during the period. Brighton Jones LLC’s holdings in Prologis were worth $1,847,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Prologis Company Profile

Prologis, Inc is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.