Americold Realty Trust Inc. (NYSE:COLD) Receives Average Rating of “Hold” from Brokerages

Americold Realty Trust Inc. (NYSE:COLD) has been given a consensus rating of “Hold” by the sixteen analysts that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $14.3929.

Several brokerages recently issued reports on COLD. Citigroup boosted their price target on Americold Realty Trust from $11.00 to $14.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. Bank of America lowered Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price objective on the stock. in a research note on Thursday, February 5th. Barclays dropped their price objective on Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating for the company in a report on Tuesday, January 13th. UBS Group increased their target price on Americold Realty Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $13.00 price target (down from $16.00) on shares of Americold Realty Trust in a research note on Thursday, December 18th.

Americold Realty Trust Trading Down 3.6%

COLD stock opened at $11.53 on Friday. Americold Realty Trust has a 52 week low of $10.10 and a 52 week high of $22.14. The company has a market capitalization of $3.28 billion, a PE ratio of -28.82, a price-to-earnings-growth ratio of 4.14 and a beta of 0.89. The company’s 50-day simple moving average is $12.70 and its 200 day simple moving average is $12.58. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.12 and a current ratio of 0.12.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, February 19th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.71%. The business had revenue of $658.45 million during the quarter, compared to the consensus estimate of $654.55 million. During the same period in the prior year, the firm earned $0.37 EPS. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, sell-side analysts anticipate that Americold Realty Trust will post 1.47 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend is Tuesday, March 31st. Americold Realty Trust’s dividend payout ratio (DPR) is currently -230.00%.

Institutional Trading of Americold Realty Trust

Institutional investors and hedge funds have recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its holdings in Americold Realty Trust by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after buying an additional 806 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in Americold Realty Trust by 51.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after acquiring an additional 942 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after acquiring an additional 948 shares during the last quarter. Norinchukin Bank The increased its position in Americold Realty Trust by 8.0% in the 3rd quarter. Norinchukin Bank The now owns 13,465 shares of the company’s stock valued at $165,000 after acquiring an additional 1,001 shares during the period. Finally, LRI Investments LLC raised its stake in shares of Americold Realty Trust by 90.4% during the third quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock valued at $26,000 after acquiring an additional 1,026 shares during the last quarter. Institutional investors own 98.14% of the company’s stock.

About Americold Realty Trust

Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients’ cold chain operations and help ensure product quality and safety from origin to point of consumption.

With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world’s largest publicly traded cold storage providers.