Americold Realty Trust (NYSE:COLD) Posts Earnings Results, Beats Expectations By $0.27 EPS

Americold Realty Trust (NYSE:COLD) issued its quarterly earnings results on Thursday. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.27, Zacks reports. Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. The firm had revenue of $666.44 million for the quarter, compared to analysts’ expectations of $684.03 million. Americold Realty Trust updated its FY 2025 guidance to 1.510-1.590 EPS.

Americold Realty Trust Trading Down 0.8 %

Shares of NYSE:COLD traded down $0.18 during trading on Friday, reaching $22.14. 488,643 shares of the company were exchanged, compared to its average volume of 1,744,375. The firm has a market capitalization of $6.29 billion, a PE ratio of -21.92, a P/E/G ratio of 1.57 and a beta of 0.61. The business’s fifty day simple moving average is $21.57 and its 200-day simple moving average is $24.83. Americold Realty Trust has a 12-month low of $20.41 and a 12-month high of $30.45. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date was Tuesday, December 31st. Americold Realty Trust’s dividend payout ratio (DPR) is currently -87.13%.

Analyst Upgrades and Downgrades

COLD has been the topic of a number of analyst reports. Robert W. Baird dropped their price target on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a research report on Friday, November 8th. Scotiabank dropped their price target on Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, December 10th. Royal Bank of Canada decreased their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, November 13th. Truist Financial decreased their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, December 5th. Finally, Citigroup decreased their price objective on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, December 4th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Americold Realty Trust currently has a consensus rating of “Moderate Buy” and an average price target of $29.17.

Insider Transactions at Americold Realty Trust

In related news, SVP Robert E. Harris sold 1,836 shares of Americold Realty Trust stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $22.64, for a total transaction of $41,567.04. Following the transaction, the senior vice president now directly owns 1,837 shares of the company’s stock, valued at $41,589.68. This trade represents a 49.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.17% of the company’s stock.

Americold Realty Trust Company Profile

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm’s real estate portfolio.