Prologis Inc. Stock Price, News & Analysis

Prologis (NYSE: PLD) has announced its quarterly dividend declarations for Q2 2025. The company will distribute a regular cash dividend of $1.01 per share to common stockholders, with the payment scheduled for June 30, 2025. Shareholders of record as of June 17, 2025, will be eligible for this distribution. Additionally, holders of the company's 8.54% Series Q Cumulative Redeemable Preferred Stock will receive a dividend of $1.0675 per share on the same dates.

Broadstone Net Lease (NYSE: BNL) has announced a new $78.2 million build-to-suit development partnership with Prologis, Inc. (NYSE: PLD). The project involves constructing a state-of-the-art distribution warehouse facility for FCA US, (Stellantis' American subsidiary) in Forsyth, GA, expected to deliver in Q3 2026.

The 422,000-square-foot facility has a 15-year lease term with an estimated cash capitalization rate of 6.9% and straight-line yield of 8.4%. This development is part of BNL's larger pipeline, which includes multiple projects totaling $516.3 million across industrial and retail properties. The company's total weighted average lease term is 13.9 years with a weighted average estimated cash capitalization rate of 7.3%.

Prologis (NYSE: PLD) reported strong Q1 2025 financial results with Core FFO per share of $1.42, up 10.9% year-over-year. The company maintained stable net earnings at $0.63 per diluted share.

Key operational metrics showed robust performance with average occupancy at 94.9%, net effective rent change of 53.7%, and cash same store NOI growth of 6.2%. The company signed leases totaling 58 million square feet and demonstrated strong deployment activity with $811M in acquisitions and $925M in development stabilizations.

The company maintains a strong financial position with $6.5B in total available liquidity and a debt-to-EBITDA ratio of 4.9x. Management reaffirmed its 2025 guidance, projecting net earnings of $3.45-$3.70 per share and Core FFO of $5.65-$5.81 per share, while noting near-term customer caution due to policy uncertainty.

Prologis (NYSE: PLD) has announced a significant initiative with other major industrial REITs to standardize non-GAAP property metrics calculations across the sector. The Industrial REIT Group, comprising Prologis, EastGroup Properties, First Industrial Realty Trust, and STAG Industrial, has updated their methodology for key metrics including property stabilization, occupancy, rent change, and customer retention.

Building on their 2018 harmonization efforts, the group has reaffirmed criteria for same-store portfolio calculations and the exclusion of value-added and redevelopment properties. While minor calculation differences may persist, this standardization aims to enhance sector-wide consistency and comparability. The new methodologies are incorporated in Prologis' 2025 guidance and are not expected to materially impact the company's non-GAAP metrics for periods before 2025.

Prologis (NYSE: PLD) has announced its upcoming annual stockholders meeting scheduled for May 8, 2025, at 1:30 p.m. PT/4:30 p.m. ET. The meeting will be conducted virtually via live webcast, accessible to stockholders of record as of March 12, 2025.

The global logistics real estate leader will make a replay available in the Investor Relations section of their website under 'Events & Presentations.' Prologis positions itself as an industry pioneer, creating intelligent infrastructure for global commerce and connecting digital and physical worlds through:

• Agile supply chains
• Clean energy solutions
• Sustainable business growth initiatives

Prologis (NYSE: PLD), a leading logistics real estate company, has scheduled its first quarter 2025 earnings announcement for Wednesday, April 16, 2025, at 9:00 a.m. PT/12:00 p.m. ET. The company will host a webcast and conference call with senior management to discuss quarterly results, current market conditions, and future outlook.

Investors can access the live broadcast through a toll-free dial-in number for US and Canada (+1 877-897-2615) or international calls (+1 201-689-8514). A replay will be available from April 16 to April 30. The webcast can be accessed through the Investor Relations section of Prologis.com.

Prologis (NYSE: PLD) has announced its participation in two major industry conferences in Florida. The company's leadership team, including co-founder and CEO Hamid Moghadam, President Dan Letter, and CFO Tim Arndt, will present at the Citi 2025 Global Property CEO Conference on March 3 at 11:00 a.m. ET, providing a company overview and market outlook.

Additionally, CFO Tim Arndt will present at the Raymond James & Associates' 46th Annual Institutional Investors Conference on March 4 at 9:50 a.m. ET. Both presentations will be accessible via live audio webcast through the company's investor relations website.

Prologis, a leader in logistics real estate, focuses on creating intelligent infrastructure for global commerce, connecting digital and physical worlds through agile supply chains and sustainable solutions.

Prologis (NYSE: PLD) has announced a 5% increase in its annualized dividend to $4.04 per share of common stock. The company's Board of Directors has declared a quarterly cash dividend of $1.01 per share for common stockholders, payable on March 31, 2025, to shareholders of record as of March 18, 2025.

Additionally, holders of the company's 8.54% Series Q Cumulative Redeemable Preferred Stock will receive a dividend of $1.0675 per share, also payable on March 31, 2025, to stockholders of record as of March 18, 2025.

Prologis (PLD) announced a planned leadership transition, with CEO and co-founder Hamid Moghadam retiring from his CEO role effective January 1, 2026. Moghadam will continue as executive chairman, focusing on strategic guidance. Current president Dan Letter will succeed as CEO and has joined the Board of Directors effective immediately.

Letter, who joined Prologis in 2004, has extensive experience within the company, currently overseeing global real estate operations, capital deployment, strategic capital, and Prologis Essentials. Prior to his role as president, he served as global head of capital deployment and held various leadership positions in the company's U.S. regions.

Moghadam co-founded Prologis' predecessor, AMB Property , in 1983, leading the company through its 1997 IPO and the 2011 merger with ProLogis to become a global leader in logistics real estate.