Prologis (NYSE:PLD) Updates FY 2026 Earnings Guidance

Prologis (NYSE:PLD) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 6.000-6.200 for the period, compared to the consensus earnings per share estimate of 4.120. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PLD. Truist Financial boosted their price objective on Prologis from $131.00 to $142.00 and gave the company a “buy” rating in a research report on Tuesday. Scotiabank upgraded shares of Prologis from a “sector perform” rating to a “sector outperform” rating and upped their price target for the company from $133.00 to $146.00 in a report on Wednesday, January 14th. Industrial Alliance Securities set a $119.00 price target on shares of Prologis in a report on Monday, October 20th. BTIG Research boosted their price objective on shares of Prologis from $134.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, December 31st. Finally, Morgan Stanley set a $135.00 price objective on shares of Prologis in a research note on Friday, January 16th. Twelve analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $133.76.

Prologis Stock Down 3.5%

Shares of Prologis stock opened at $126.52 on Friday. The company has a current ratio of 0.19, a quick ratio of 0.64 and a debt-to-equity ratio of 0.61. Prologis has a 12-month low of $85.35 and a 12-month high of $134.94. The company has a market cap of $117.52 billion, a P/E ratio of 35.64, a PEG ratio of 3.83 and a beta of 1.40. The company’s fifty day simple moving average is $128.30 and its two-hundred day simple moving average is $119.03.

Prologis (NYSE:PLD) last announced its earnings results on Wednesday, January 21st. The real estate investment trust reported $1.44 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.44. Prologis had a net margin of 37.86% and a return on equity of 6.64%. The firm had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the previous year, the firm posted $1.42 EPS. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.000-6.200 EPS. Research analysts anticipate that Prologis will post 5.73 EPS for the current year.

Prologis Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th were given a $1.01 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $4.04 annualized dividend and a dividend yield of 3.2%. Prologis’s dividend payout ratio is currently 117.78%.

Insider Activity at Prologis

In related news, Director Cristina Gabriela Bita sold 621 shares of Prologis stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $127.60, for a total transaction of $79,239.60. Following the sale, the director directly owned 8,208 shares in the company, valued at $1,047,340.80. The trade was a 7.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.57% of the stock is currently owned by insiders.

Prologis News Roundup

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Q4 revenue and leasing beat and record leasing volume — Prologis reported stronger-than-expected rental revenue and signed a record amount of leases in 2025, highlighting rebounding warehouse demand. PR Newswire: Prologis Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Aggressive FY‑2026 guidance — Management raised FY‑2026 EPS guidance to $6.00–$6.20, well above prior consensus, signaling confidence in earnings growth for the year. Prologis FY2026 Guidance (Slide Deck/Press Release)
• Positive Sentiment: Analysts lifting targets and forecasts — Multiple firms raised estimates and price targets after the results (Argus to $135 buy; Truist to $142; other brokers raised forecasts). That reinforces the bullish case among some institutional investors. Benzinga coverage of analyst upgrades
• Positive Sentiment: Core FFO at/above estimates — Core FFO came in at/above Street figures (Zacks notes an FFO beat), supporting the REIT’s cash‑flow profile. Zacks: Prologis Q4 FFO Beat Estimates
• Neutral Sentiment: Data‑center power expansion — Prologis is expanding power capacity to support data‑center customers, a longer‑term growth angle but not an immediate earnings lever. Benzinga: Record Leases, Expands Power for Data Centers
• Neutral Sentiment: EPS roughly in line — Reported EPS met consensus, which is steady but less exciting than an upside surprise. MarketBeat: Q4 Results Summary
• Negative Sentiment: Cautionary analyst notes and in‑line ratings — Some shops (Evercore ISI) issued in‑line ratings or conservative targets implying limited upside, which can blunt momentum. TickerReport/The Fly: Evercore ISI In‑line Rating
• Negative Sentiment: Higher interest costs and margin pressure — Reports note interest‑cost headwinds that weigh on net results and FFO growth, a concern for a leveraged REIT. Zacks: Interest Costs Weigh on Results
• Negative Sentiment: Conflicting headlines and profit‑taking — A few outlets framed results as “weak revenue,” and after a strong 2025 run investors may be taking profits; heavy intraday volume suggests repositioning. Benzinga: Post‑earnings Coverage

Institutional Trading of Prologis

Hedge funds have recently modified their holdings of the business. Captrust Financial Advisors increased its stake in shares of Prologis by 12.4% in the 3rd quarter. Captrust Financial Advisors now owns 48,761 shares of the real estate investment trust’s stock worth $5,584,000 after acquiring an additional 5,386 shares in the last quarter. Coldstream Capital Management Inc. increased its stake in shares of Prologis by 8.5% during the third quarter. Coldstream Capital Management Inc. now owns 16,772 shares of the real estate investment trust’s stock valued at $1,921,000 after purchasing an additional 1,317 shares in the last quarter. Advisory Services Network LLC lifted its holdings in shares of Prologis by 6.3% during the third quarter. Advisory Services Network LLC now owns 12,223 shares of the real estate investment trust’s stock valued at $1,400,000 after purchasing an additional 726 shares during the last quarter. Morningstar Investment Management LLC purchased a new stake in shares of Prologis in the 3rd quarter worth approximately $9,793,000. Finally, NewEdge Advisors LLC grew its stake in shares of Prologis by 33.4% in the 3rd quarter. NewEdge Advisors LLC now owns 85,131 shares of the real estate investment trust’s stock worth $9,749,000 after buying an additional 21,302 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Prologis Company Profile

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.