Prologis (NYSE:PLD) Releases FY 2025 Earnings Guidance

by · The Cerbat Gem

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

Prologis Trading Up 7.1 %

NYSE PLD opened at $117.27 on Wednesday. The stock has a market cap of $108.62 billion, a P/E ratio of 35.43, a P/E/G 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. The company has a fifty day simple moving average of $110.25 and a two-hundred day simple moving average of $118.34. Prologis has a 12-month low of $100.82 and a 12-month high of $135.76.

Prologis Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have weighed in on PLD shares. The Goldman Sachs Group reissued a “neutral” rating and issued a $132.00 target price (down from $142.00) on shares of Prologis in a research note on Monday, October 21st. JPMorgan Chase & Co. reduced their price objective on shares of Prologis from $138.00 to $131.00 and set an “overweight” rating on the stock in a report on Monday, October 21st. Barclays increased their price objective on shares of Prologis from $131.00 to $132.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. BTIG Research decreased their price target on Prologis from $154.00 to $134.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. Finally, Scotiabank dropped their target price on Prologis from $136.00 to $134.00 and set a “sector outperform” rating for the company in a research report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $128.67.

Check Out Our Latest Research Report on PLD

Prologis Company Profile

(Get Free Report)

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.

Featured Stories