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 posted its earnings results on Wednesday, April 16th. The real estate investment trust reported $1.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.04. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.99 billion. Prologis had a return on equity of 6.45% and a net margin of 44.59%. On average, analysts expect Prologis to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Prologis Price Performance

Prologis stock traded up $2.04 during mid-day trading on Thursday, hitting $108.43. The stock had a trading volume of 4,764,950 shares, compared to its average volume of 4,188,226. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.56. Prologis has a one year low of $85.35 and a one year high of $132.57. The firm's 50 day moving average is $107.04 and its 200 day moving average is $109.46. The firm has a market capitalization of $100.62 billion, a P/E ratio of 27.11, a P/E/G ratio of 2.70 and a beta of 1.23.

Prologis Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th were paid a $1.01 dividend. This represents a $4.04 annualized dividend and a yield of 3.73%. The ex-dividend date of this dividend was Tuesday, June 17th. Prologis's payout ratio is currently 101.00%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Prologis stock. Brighton Jones LLC grew its holdings in Prologis, Inc. (NYSE:PLD - Free Report) by 629.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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 quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on PLD shares. Wells Fargo & Company dropped their price objective on shares of Prologis from $146.00 to $119.00 and set an "overweight" rating on the stock in a research note on Monday, May 19th. BMO Capital Markets dropped their price objective on shares of Prologis from $105.00 to $95.00 and set an "outperform" rating on the stock in a report on Monday, April 14th. Morgan Stanley reduced their price target on shares of Prologis to $120.00 and set an "outperform" rating for the company in a research report on Monday, April 14th. UBS Group lifted their price objective on Prologis from $106.00 to $120.00 and gave the company a "buy" rating in a research note on Tuesday. Finally, Barclays lowered their price target on shares of Prologis from $132.00 to $119.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.