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

Americold Realty Trust Inc. (NYSE:COLD) has earned an average recommendation of “Hold” from the sixteen ratings firms that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $14.7857.

Several equities research analysts have recently commented on COLD shares. Wall Street Zen raised Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Citigroup lifted their price objective on Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Compass Point began coverage on Americold Realty Trust in a research report on Wednesday, March 18th. They set a “buy” rating and a $14.50 price objective for the company. Wells Fargo & Company lifted their price objective on Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Finally, Royal Bank Of Canada lifted their price objective on Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 26th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. raised its position in shares of Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after purchasing an additional 806 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of 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 purchasing an additional 942 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of 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 purchasing an additional 948 shares during the last quarter. Norinchukin Bank The raised its position in shares of Americold Realty Trust by 8.0% during the 3rd quarter. Norinchukin Bank The now owns 13,465 shares of the company’s stock worth $165,000 after purchasing an additional 1,001 shares during the last quarter. Finally, Empowered Funds LLC raised its position in shares of Americold Realty Trust by 9.2% during the 4th quarter. Empowered Funds LLC now owns 13,762 shares of the company’s stock worth $177,000 after purchasing an additional 1,164 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Americold Realty Trust Price Performance

Shares of NYSE:COLD opened at $15.98 on Friday. The business’s 50 day simple moving average is $14.11 and its 200-day simple moving average is $13.02. The firm has a market capitalization of $4.56 billion, a price-to-earnings ratio of -40.96 and a beta of 0.97. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11. Americold Realty Trust has a 12 month low of $10.10 and a 12 month high of $17.28.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.33. The business had revenue of $629.87 million for the quarter, compared to analyst estimates of $613.77 million. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The company’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.34 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities analysts forecast that Americold Realty Trust will post 1.16 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Tuesday, June 30th. Americold Realty Trust’s payout ratio is currently -235.90%.

Americold Realty Trust Company Profile

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.