Prologis (PLD) Expected to Announce Earnings on Wednesday

Prologis (NYSE:PLD - Get Free Report) is projected to post its Q2 2025 quarterly earnings results 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 announced its quarterly earnings results on Wednesday, April 16th. The real estate investment trust reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.04. The business had revenue of $1.99 billion during the quarter, compared to analysts' expectations 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 Up 0.5%

Shares of PLD opened at $106.84 on Wednesday. The stock has a market capitalization of $99.14 billion, a P/E ratio of 26.71, a PEG ratio of 2.70 and a beta of 1.23. 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 fifty day simple moving average of $106.95 and a two-hundred day simple moving average of $109.49. Prologis has a twelve month low of $85.35 and a twelve month high of $132.57.

Prologis Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th were given a dividend of $1.01 per share. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a $4.04 annualized dividend and a yield of 3.78%. Prologis's payout ratio is currently 101.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. CJS Securities dropped their target price on shares of Prologis from $140.00 to $117.00 in a research report on Friday, April 11th. Wolfe Research lowered shares of Prologis from an "outperform" rating to a "peer perform" rating in a research note on Monday, April 21st. BMO Capital Markets reduced their price target on shares of Prologis from $105.00 to $95.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. Scotiabank lifted their price target on shares of Prologis from $97.00 to $100.00 and gave the stock a "sector underperform" rating in a research note on Monday, May 12th. Finally, Royal Bank Of Canada reduced their target price on shares of Prologis from $128.00 to $117.00 and set a "sector perform" rating for the company in a report on Tuesday, April 29th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $119.53.

Hedge Funds Weigh In On Prologis

An institutional investor recently raised its position in Prologis stock. Brighton Jones LLC boosted its holdings in shares of Prologis, Inc. (NYSE:PLD - Free Report) by 629.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,475 shares of the real estate investment trust's stock after purchasing an additional 15,078 shares during the quarter. Brighton Jones LLC's holdings in Prologis were worth $1,847,000 as of its most recent SEC filing. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Prologis Company Profile

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.

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