Prologis (NYSE:PLD) Issues Earnings Results

Prologis (NYSE:PLD) issued its quarterly earnings data on Wednesday. The real estate investment trust reported $1.44 earnings per share for the quarter, hitting the consensus estimate of $1.44, Zacks reports. Prologis had a net margin of 36.71% and a return on equity of 5.55%. During the same quarter in the prior year, the firm posted $1.42 earnings per share. The firm’s revenue was up 7.8% compared to the same quarter last year. Prologis updated its FY 2026 guidance to 6.000-6.200 EPS.

Prologis Stock Performance

Shares of PLD opened at $130.74 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.64 and a current ratio of 0.64. The stock has a market capitalization of $121.44 billion, a P/E ratio of 38.12, a P/E/G ratio of 3.90 and a beta of 1.40. The company’s fifty day moving average is $128.12 and its two-hundred day moving average is $118.90. Prologis has a 1 year low of $85.35 and a 1 year high of $134.94.

Prologis Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th were given a $1.01 dividend. This represents a $4.04 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Tuesday, December 16th. Prologis’s dividend payout ratio (DPR) is 117.78%.

Insider Buying and Selling at Prologis

In related news, Director James B. Connor sold 80,000 shares of the stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $126.58, for a total transaction of $10,126,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Cristina Gabriela Bita sold 621 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $127.60, for a total transaction of $79,239.60. Following the completion of the sale, the director owned 8,208 shares of the company’s stock, valued at approximately $1,047,340.80. The trade was a 7.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 81,121 shares of company stock valued at $10,267,210 in the last 90 days. Company insiders own 0.57% of the company’s stock.

Institutional Trading of Prologis

Several hedge funds have recently modified their holdings of PLD. Wellington Management Group LLP boosted its stake in shares of Prologis by 1.2% in the third quarter. Wellington Management Group LLP now owns 6,995,375 shares of the real estate investment trust’s stock valued at $801,110,000 after buying an additional 85,012 shares in the last quarter. Amundi lifted its holdings in Prologis by 22.0% in the third quarter. Amundi now owns 5,651,563 shares of the real estate investment trust’s stock valued at $661,968,000 after acquiring an additional 1,020,819 shares during the period. Alliancebernstein L.P. boosted its position in shares of Prologis by 2.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,718,369 shares of the real estate investment trust’s stock worth $390,875,000 after purchasing an additional 103,597 shares in the last quarter. Resolution Capital Ltd boosted its position in shares of Prologis by 13.0% during the 2nd quarter. Resolution Capital Ltd now owns 2,459,975 shares of the real estate investment trust’s stock worth $258,593,000 after purchasing an additional 283,038 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its stake in shares of Prologis by 4.8% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 2,441,729 shares of the real estate investment trust’s stock worth $278,931,000 after purchasing an additional 111,463 shares during the period. 93.50% of the stock is owned by institutional investors and hedge funds.

Prologis News Summary

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Management set FY‑2026 EPS guidance of $6.00–$6.20, well above consensus (~$4.12), signalling stronger forward earnings power and driving investor enthusiasm. Press Release / Guidance
• Positive Sentiment: Q4 results were characterized as solid: Core FFO per diluted share was $1.44 (Q4) and net EPS $1.49; some outlets reported the company topped revenue and EPS expectations, which helped lift the shares. TipRanks: Q4 Beats
• Positive Sentiment: Operational highlights: Prologis signed a record 228 million sq. ft. of leases in 2025 and expanded power capacity to support data‑center growth — evidence of secular demand that supports long‑term cash flow. PR Newswire: Q4 & FY2025 Results
• Positive Sentiment: Analyst support: Truist raised its price target (to $142) and maintained a Buy rating, reinforcing positive sentiment and providing technical/supportive flow. Benzinga: Truist PT Raise
• Neutral Sentiment: Market commentary: Several analysts and outlets are re‑evaluating PLD after recent gains and mixed valuation signals — useful context but not an immediate catalyst. Yahoo Finance: Valuation Piece
• Neutral Sentiment: Japan portfolio activity: A related announcement about asset swap pricing between Japan Logistics Fund and Nippon Prologis REIT may affect regional capital deployment but has limited direct impact on US listed PLD. TipRanks: Japan Asset Swap
• Negative Sentiment: Cost/interest headwinds: Analysts have flagged elevated interest expense and financing costs as a potential drag on margins and FFO growth, which could cap upside if rates stay high. Zacks: Interest Expense Concern

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Barclays reaffirmed an “overweight” rating and set a $139.00 price objective on shares of Prologis in a report on Tuesday, January 13th. Industrial Alliance Securities set a $119.00 price target on Prologis in a research note on Monday, October 20th. Truist Financial lifted their price target on Prologis from $131.00 to $142.00 and gave the stock a “buy” rating in a research report on Tuesday. Baird R W downgraded Prologis from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 8th. Finally, Evercore ISI lifted their target price on shares of Prologis from $116.00 to $118.00 in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $133.00.

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.