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.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Robert W. Baird upgraded Prologis from a “neutral” rating to an “outperform” rating and reduced their price objective for the stock from $124.00 to $123.00 in a research report on Monday, January 6th. BTIG Research cut their price objective on shares of Prologis from $154.00 to $134.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. Mizuho decreased their target price on shares of Prologis from $119.00 to $117.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. BMO Capital Markets lowered shares of Prologis from a “market perform” rating to an “underperform” rating and lowered their price objective for the company from $120.00 to $104.00 in a research note on Friday, December 6th. Finally, Wolfe Research decreased their price target on Prologis from $135.00 to $128.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $128.67.

Prologis Price Performance

PLD opened at $117.27 on Wednesday. The company has a market cap of $108.62 billion, a price-to-earnings ratio of 35.43, a price-to-earnings-growth ratio of 3.01 and a beta of 1.09. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.56. Prologis has a 12-month low of $100.82 and a 12-month high of $135.76. The stock has a fifty day simple moving average of $110.25 and a two-hundred day simple moving average of $118.34.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend was Monday, December 16th. Prologis’s dividend payout ratio is 116.01%.

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.