Prologis (PLD) to Release Earnings on Wednesday

Prologis (NYSE:PLD - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Wednesday, July 16th. Analysts expect Prologis to post earnings of $1.41 per share and revenue of $2.03 billion for the quarter. Prologis has set its FY 2025 guidance at 5.650-5.810 EPS.

Prologis (NYSE:PLD - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The real estate investment trust reported $1.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.38 by $0.04. Prologis had a net margin of 44.59% and a return on equity of 6.45%. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.99 billion. On average, analysts expect Prologis to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Prologis Trading Up 0.6%

Shares of NYSE:PLD traded up $0.64 during trading on Friday, reaching $109.05. The stock had a trading volume of 2,314,074 shares, compared to its average volume of 4,184,325. Prologis has a 52 week low of $85.35 and a 52 week high of $132.57. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.41 and a current ratio of 0.41. The firm's fifty day moving average is $107.14 and its 200 day moving average is $109.49. The stock has a market cap of $101.19 billion, a price-to-earnings ratio of 27.26, a P/E/G ratio of 2.70 and a beta of 1.23.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Tuesday, June 17th were issued a $1.01 dividend. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a $4.04 annualized dividend and a yield of 3.70%. Prologis's payout ratio is 101.00%.

Hedge Funds Weigh In On Prologis

An institutional investor recently raised its position in Prologis stock. Brighton Jones LLC grew its position in Prologis, Inc. (NYSE:PLD - Free Report) by 629.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,475 shares of the real estate investment trust's stock after purchasing 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 reporting period. Institutional investors own 93.50% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on PLD shares. UBS Group increased their price target on Prologis from $106.00 to $120.00 and gave the stock a "buy" rating in a report on Tuesday. Morgan Stanley decreased their target price on Prologis to $120.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. Robert W. Baird lowered their target price on Prologis from $126.00 to $120.00 and set an "outperform" rating for the company in a report on Wednesday, May 7th. Scotiabank increased their price target on Prologis from $97.00 to $100.00 and gave the stock a "sector underperform" rating in a report on Monday, May 12th. Finally, Barclays reduced their price objective on shares of Prologis from $132.00 to $119.00 and set an "overweight" rating for the company in a research report on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $119.53.

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.