Prologis (NYSE:PLD) Updates FY 2026 Earnings Guidance

Prologis (NYSE:PLD) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 6.220-6.300 for the period, compared to the consensus EPS estimate of 6.170. The company issued revenue guidance of -.

Prologis Trading Down 0.3%

Shares of NYSE:PLD opened at $149.65 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.51 and a current ratio of 0.27. Prologis has a 1-year low of $103.41 and a 1-year high of $153.35. The company has a 50 day moving average price of $143.14 and a 200 day moving average price of $137.90. The stock has a market capitalization of $139.53 billion, a price-to-earnings ratio of 33.33 and a beta of 1.32.

Prologis (NYSE:PLD) last posted its quarterly earnings results on Thursday, July 16th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The business had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period last year, the company posted $1.46 earnings per share. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, research analysts anticipate that Prologis will post 6.26 EPS for the current fiscal year.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were given a dividend of $1.07 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a yield of 2.9%. Prologis’s dividend payout ratio (DPR) is 107.81%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Morgan Stanley upped their target price on shares of Prologis from $135.00 to $151.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 26th. UBS Group boosted their price objective on Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Raymond James Financial began coverage on shares of Prologis in a research report on Thursday, June 18th. They set a “market perform” rating on the stock. BNP Paribas Exane raised their price target on shares of Prologis from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, April 17th. Finally, Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a report on Saturday. Fifteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Prologis has a consensus rating of “Moderate Buy” and an average target price of $153.24.

Insider Transactions at Prologis

In related news, CFO Timothy D. Arndt sold 3,597 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.52% of the company’s stock.

More Prologis News

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis reported Q2 results above expectations, with strong rental income, record leasing, and occupancy remaining solid, which supports confidence in near-term cash flow and earnings growth.
• Positive Sentiment: The company raised its 2026 earnings guidance again, signaling that management sees stronger-than-expected operating momentum and improving fundamentals across the portfolio. Prologis Reports Second Quarter 2026 Results
• Positive Sentiment: Analysts and market commentary are focusing on Prologis’ expanding role in AI-related logistics and data center infrastructure, which could open a new long-term growth avenue and lift investor sentiment. PLD Q2 Earnings Call Shows Growth Across Logistics, Data Centers
• Neutral Sentiment: Some commentary notes that the stock’s valuation is already rich after a strong run, which may limit upside if growth expectations cool. Prologis: AI Creates An Opportunity, But The Price Is High
• Negative Sentiment: Valuation concerns could create some near-term pressure as investors weigh whether the recent rally has already priced in much of the earnings upgrade and AI-related optimism.

Hedge Funds Weigh In On Prologis

Several institutional investors and hedge funds have recently modified their holdings of PLD. Cadence Bank lifted its holdings in Prologis by 2.1% during the 3rd quarter. Cadence Bank now owns 4,209 shares of the real estate investment trust’s stock worth $482,000 after buying an additional 87 shares during the period. CYBER HORNET ETFs LLC grew its holdings in shares of Prologis by 3.7% in the third quarter. CYBER HORNET ETFs LLC now owns 2,523 shares of the real estate investment trust’s stock valued at $289,000 after acquiring an additional 90 shares in the last quarter. FineMark National Bank & Trust increased its position in shares of Prologis by 4.1% during the 4th quarter. FineMark National Bank & Trust now owns 2,537 shares of the real estate investment trust’s stock valued at $324,000 after purchasing an additional 100 shares during the last quarter. Truvestments Capital LLC lifted its stake in Prologis by 11.4% in the fourth quarter. Truvestments Capital LLC now owns 990 shares of the real estate investment trust’s stock valued at $126,000 after purchasing an additional 101 shares during the last quarter. Finally, Vise Technologies Inc. increased its holdings in Prologis by 2.5% in the 3rd quarter. Vise Technologies Inc. now owns 4,325 shares of the real estate investment trust’s stock worth $495,000 after acquiring an additional 106 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

About Prologis

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.