Prologis (PLD) Expected to Announce Quarterly Earnings on Wednesday

Prologis (NYSE:PLD - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 16th. Analysts expect the company to announce 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 announced its earnings results on Wednesday, April 16th. The real estate investment trust reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.04. The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.99 billion. Prologis had a net margin of 44.59% and a return on equity of 6.45%. On average, analysts expect Prologis to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Prologis Trading Down 0.3%

PLD stock traded down $0.35 during mid-day trading on Wednesday, hitting $106.50. 4,459,686 shares of the company were exchanged, compared to its average volume of 4,173,245. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $98.82 billion, a P/E ratio of 26.63, a PEG ratio of 2.70 and a beta of 1.23. The business has a fifty day simple moving average of $106.95 and a 200-day simple moving average of $109.49. Prologis has a 12-month low of $85.35 and a 12-month high of $132.57.

Prologis Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th were paid a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a yield of 3.79%. The ex-dividend date of this dividend was Tuesday, June 17th. Prologis's dividend payout ratio (DPR) is presently 101.00%.

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 - Free Report) by 629.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,475 shares of the real estate investment trust's stock after acquiring an additional 15,078 shares during the quarter. Brighton Jones LLC's holdings in Prologis were worth $1,847,000 at the end of the most recent quarter. 93.50% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PLD has been the subject of several recent research reports. Mizuho lowered their price objective on shares of Prologis from $117.00 to $105.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Barclays lowered their price objective on shares of Prologis from $132.00 to $119.00 and set an "overweight" rating for the company in a research note on Wednesday, April 30th. Royal Bank Of Canada lowered their price objective on shares of Prologis from $128.00 to $117.00 and set a "sector perform" rating for the company in a research note on Tuesday, April 29th. Wall Street Zen lowered shares of Prologis from a "hold" rating to a "sell" rating in a research note on Saturday, June 14th. Finally, Wolfe Research lowered shares of Prologis from an "outperform" rating to a "peer perform" rating in a research note on Monday, April 21st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average 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.