Prologis (PLD) Projected to Release 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 issued its earnings results on Wednesday, April 16th. The real estate investment trust reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.04. Prologis had a net margin of 44.59% and a return on equity of 6.45%. The business had revenue of $1.99 billion during the quarter, compared to analysts' expectations 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 Stock Up 0.6%

Shares of NYSE:PLD traded up $0.64 during trading on Friday, reaching $109.05. 3,209,283 shares of the stock traded hands, compared to its average volume of 4,184,081. The stock has a market cap of $101.19 billion, a P/E ratio of 27.26, a price-to-earnings-growth ratio of 2.75 and a beta of 1.23. 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 stock has a 50-day moving average of $107.21 and a two-hundred day moving average of $109.52. Prologis has a 52-week low of $85.35 and a 52-week high of $132.57.

Prologis Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Tuesday, June 17th were given a $1.01 dividend. The ex-dividend date was Tuesday, June 17th. This represents a $4.04 annualized dividend and a yield of 3.70%. Prologis's dividend payout ratio (DPR) is presently 101.00%.

Analysts Set New Price Targets

Several research firms have recently weighed in on PLD. Scotiabank boosted their price target on Prologis from $97.00 to $100.00 and gave the stock a "sector underperform" rating in a research note on Monday, May 12th. BMO Capital Markets decreased their target price on Prologis from $105.00 to $95.00 and set an "outperform" rating for the company in a research report on Monday, April 14th. Wall Street Zen downgraded shares of Prologis from a "hold" rating to a "sell" rating in a report on Saturday, June 14th. Robert W. Baird decreased their price objective on shares of Prologis from $126.00 to $120.00 and set an "outperform" rating for the company in a report on Wednesday, May 7th. Finally, CJS Securities lowered their price objective on shares of Prologis from $140.00 to $117.00 in a research report on Friday, April 11th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Prologis has an average rating of "Moderate Buy" and a consensus price target of $119.53.

Hedge Funds Weigh In On Prologis

A hedge fund recently raised its stake in Prologis stock. Brighton Jones LLC lifted its position in shares of Prologis, Inc. (NYSE:PLD - Free Report) by 629.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,475 shares of the real estate investment trust's stock after buying 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 currently owned by hedge funds and other institutional investors.

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.