Prologis (NYSE:PLD) Announces FY 2026 Earnings Guidance

Key Points

• Prologis issued FY 2026 EPS guidance of $6.25–$6.29, broadly in line with the analyst consensus estimate of $6.27.
• Shares fell 2.3% to open at $130.50, while the company’s latest quarter exceeded expectations with $1.13 in EPS and $2.43 billion in revenue, up 11% year over year.
• Prologis declared a quarterly dividend of $1.07, equivalent to $4.28 annually and a 3.3% yield; analysts maintain a “Moderate Buy” consensus with an average price target of $154.52.

Prologis (NYSE:PLD - Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.250-6.290 for the period, compared to the consensus estimate of 6.270.

Prologis Trading Down 2.3%

Shares of PLD stock opened at $130.50 on Thursday. Prologis has a 1 year low of $116.51 and a 1 year high of $153.35. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70. The stock's 50 day simple moving average is $136.18 and its two-hundred day simple moving average is $139.95. The company has a market cap of $121.77 billion, a PE ratio of 29.07 and a beta of 1.31.

Prologis (NYSE:PLD - Get Free Report) last posted its quarterly earnings data on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.38. The business had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.16 billion. Prologis had a return on equity of 7.29% and a net margin of 45.79%. The company's revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the company earned $1.46 EPS. Research analysts predict that Prologis will post 6.27 earnings per share for the current year.

Prologis Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have commented on PLD shares. Truist Financial lifted their price objective on shares of Prologis from $154.00 to $162.00 and gave the stock a "buy" rating in a research note on Tuesday, July 21st. Weiss Ratings downgraded shares of Prologis from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, August 26th. Wall Street Zen raised shares of Prologis from a "sell" rating to a "hold" rating in a research note on Saturday, July 18th. Barclays raised their target price on shares of Prologis from $139.00 to $156.00 and gave the stock an "overweight" rating in a report on Thursday, July 16th. Finally, Robert W. Baird set a $140.00 price target on shares of Prologis in a research note on Friday, July 31st. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $154.52.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.