Americold Realty Trust (COLD) Set to Announce Earnings on Thursday

Americold Realty Trust (NYSE:COLD) will post its quarterly earnings results after the market closes on Thursday, May 9th. Analysts expect Americold Realty Trust to post earnings of $0.28 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Americold Realty Trust Stock Up 1.7 %

COLD opened at $22.35 on Thursday. Americold Realty Trust has a twelve month low of $21.87 and a twelve month high of $33.90. The firm has a market cap of $6.35 billion, a P/E ratio of -18.47, a price-to-earnings-growth ratio of 1.98 and a beta of 0.52. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.17 and a current ratio of 0.17. The business has a 50 day moving average price of $24.47 and a 200 day moving average price of $26.88.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.88 annualized dividend and a yield of 3.94%. Americold Realty Trust’s payout ratio is -72.73%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Barclays dropped their price objective on shares of Americold Realty Trust from $32.00 to $25.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 27th. KeyCorp lowered their target price on shares of Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating on the stock in a research note on Friday, March 22nd. Raymond James raised Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 target price for the company in a report on Thursday, February 29th. Wells Fargo & Company assumed coverage on Americold Realty Trust in a research note on Thursday, April 25th. They issued an “equal weight” rating and a $24.00 price target on the stock. Finally, Royal Bank of Canada lowered their target price on shares of Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating on the stock in a report on Wednesday, February 28th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $30.33.

Americold Realty Trust Company Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.