Prologis (NYSE:PLD – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. 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 commented on PLD shares. Truist Financial reduced their price target on shares of Prologis from $132.00 to $121.00 and set a “buy” rating on the stock in a research report on Friday. Robert W. Baird raised Prologis from a “neutral” rating to an “outperform” rating and reduced their target price for the stock from $124.00 to $123.00 in a report on Monday, January 6th. Wolfe Research lowered their price target on Prologis from $135.00 to $128.00 and set an “overweight” rating for the company in a report on Friday. The Goldman Sachs Group restated a “neutral” rating and set a $132.00 price objective (down from $142.00) on shares of Prologis in a research note on Monday, October 21st. Finally, BMO Capital Markets lowered shares of Prologis from a “market perform” rating to an “underperform” rating and lowered their target price for the company from $120.00 to $104.00 in a research note on Friday, December 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $128.67.
Read Our Latest Stock Analysis on Prologis
Prologis Stock Performance
Prologis Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were paid a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date of this dividend was Monday, December 16th. Prologis’s dividend payout ratio is currently 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.
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