Prologis (NYSE:PLD) Issues FY25 Earnings Guidance

Prologis (NYSE:PLD) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $5.70-5.86 for the period, compared to the consensus EPS estimate of $5.78. Prologis also updated its FY 2025 guidance to 5.650-5.810 EPS.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Raymond James reaffirmed an “outperform” rating and set a $125.00 price objective (down from $130.00) on shares of Prologis in a research report on Wednesday, December 11th. JPMorgan Chase & Co. dropped their price objective on Prologis from $138.00 to $131.00 and set an “overweight” rating on the stock in a research report on Monday, October 21st. Robert W. Baird raised Prologis from a “neutral” rating to an “outperform” rating and dropped their price objective for the company from $124.00 to $123.00 in a research report on Monday, January 6th. Barclays increased their price objective on Prologis from $131.00 to $132.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Finally, BMO Capital Markets cut Prologis from a “market perform” rating to an “underperform” rating and dropped their price objective for the company from $120.00 to $104.00 in a research report on Friday, December 6th. One analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $128.67.

Prologis Stock Performance

NYSE PLD opened at $115.16 on Thursday. The stock has a market capitalization of $106.66 billion, a PE ratio of 34.79, a P/E/G ratio of 3.01 and a beta of 1.09. The business has a 50 day simple moving average of $110.34 and a two-hundred day simple moving average of $118.36. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.43 and a quick ratio of 0.43. Prologis has a 1-year low of $100.82 and a 1-year high of $135.76.

Prologis Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 3.33%. The ex-dividend date of this dividend was Monday, December 16th. Prologis’s dividend payout ratio is presently 116.01%.

About Prologis

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.