Prologis (NYSE:PLD) Issues FY 2025 Earnings Guidance

Prologis (NYSE:PLD) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 5.650-5.810 for the period, compared to the consensus EPS estimate of 5.770. The company issued revenue guidance of -. Prologis also updated its FY25 guidance to $5.70-5.86 EPS.

Prologis Stock Performance

Prologis stock opened at $115.16 on Thursday. The stock’s 50-day moving average is $110.34 and its 200-day moving average is $118.36. The company has a market cap of $106.66 billion, a price-to-earnings ratio of 34.79, a price-to-earnings-growth ratio of 3.01 and a beta of 1.09. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.43 and a quick ratio of 0.43. Prologis has a 12 month low of $100.82 and a 12 month high of $135.76.

Prologis Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a dividend of $0.96 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $3.84 annualized dividend and a dividend yield of 3.33%. Prologis’s payout ratio is currently 116.01%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Mizuho dropped their target price on Prologis from $119.00 to $117.00 and set a “neutral” rating on the stock in a report on Wednesday, January 8th. Wolfe Research dropped their target price on Prologis from $135.00 to $128.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. The Goldman Sachs Group restated a “neutral” rating and set a $132.00 price objective (down previously from $142.00) on shares of Prologis in a research note on Monday, October 21st. BTIG Research lowered their price objective on Prologis from $154.00 to $134.00 and set a “buy” rating for the company in a research note on Friday, January 17th. Finally, Barclays raised their price objective on Prologis from $131.00 to $132.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $128.67.

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.