Prologis (NYSE:PLD) Issues FY 2026 Earnings Guidance

Prologis (NYSE:PLD) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.250-6.290 for the period, compared to the consensus EPS estimate of 6.270.

Prologis Price Performance

Prologis stock opened at $130.50 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70. The company has a market capitalization of $121.77 billion, a PE ratio of 29.07 and a beta of 1.31. Prologis has a one year low of $116.51 and a one year high of $153.35. The business has a 50 day simple moving average of $136.18 and a 200 day simple moving average of $139.95.

Prologis (NYSE:PLD) last announced its quarterly earnings results on Thursday, October 15th. The real estate investment trust reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.82. Prologis had a return on equity of 7.29% and a net margin of 45.79%. Prologis has set its FY 2026 guidance at 6.250-6.290 EPS. On average, sell-side analysts forecast that Prologis will post 6.27 EPS for the current fiscal year.

Prologis Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were issued a dividend of $1.07 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.3%. Prologis’s dividend payout ratio (DPR) is presently 95.32%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on PLD shares. Robert W. Baird set a $140.00 target price on shares of Prologis in a research note on Friday, July 31st. Scotiabank upgraded shares of Prologis from a “sector perform” rating to a “sector outperform” rating and set a $150.00 target price for the company in a research report on Tuesday. Royal Bank Of Canada upgraded shares of Prologis from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $148.00 to $160.00 in a research report on Tuesday, August 4th. Mizuho lifted their price target on shares of Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Finally, Weiss Ratings lowered shares of Prologis from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 26th. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $154.52.

Trending Headlines about Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: Prologis reported third-quarter net earnings of $0.86 per diluted share, up from $0.82 a year earlier. Management also cited healthy customer demand, supporting the company’s ongoing leasing momentum. Prologis Reports Third Quarter 2026 Results
• Positive Sentiment: Scotiabank upgraded PLD to Outperform from Sector Perform and assigned a $150 price target, signaling improved confidence in the industrial real estate investment trust’s growth prospects. Scotiabank upgrades Prologis stock to Outperform at USD 150.00
• Positive Sentiment: Prologis is pursuing growth through a higher offer for U.K. warehouse operator Segro, which could expand its logistics-property portfolio if completed. Prologis Raises Offer for UK Warehouse Giant Segro
• Neutral Sentiment: The company’s fiscal 2026 EPS guidance is $6.25–$6.29, with a midpoint of $6.27 that matches the analyst consensus estimate. The forecast maintains expectations but does not provide a clear earnings upside surprise.
• Negative Sentiment: Elevated interest rates and borrowing costs remain a headwind for Prologis, potentially pressuring property valuations, development economics and financing flexibility.
• Negative Sentiment: The increased Segro offer could require substantial capital and add execution or integration risk, tempering the benefit of the proposed portfolio expansion.

Prologis Company Profile

Prologis, Inc (NYSE: PLD) is a global logistics real estate company that owns, develops, acquires and manages distribution facilities, warehouses and other properties used throughout the supply chain. Its portfolio serves manufacturers, retailers, transportation providers and third-party logistics companies.

The company provides logistics real estate and related services in key markets across North America, Europe, Asia and Latin America. Its properties are generally located near major population centers, transportation hubs, ports and trade corridors, supporting e-commerce, industrial and distribution operations.

Prologis traces its roots to 1983 and was created in its current form through the 1999 merger of ProLogis and Security Capital Industrial Trust.