Brokerages Set Americold Realty Trust Inc. (NYSE:COLD) PT at $13.92

Americold Realty Trust Inc. (NYSE:COLD) has been given a consensus rating of “Hold” by the fifteen analysts that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $14.1538.

Several research firms have issued reports on COLD. Truist Financial dropped their target price on Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, December 24th. Royal Bank Of Canada downgraded Americold Realty Trust from a “moderate buy” rating to a “hold” rating in a research note on Friday, November 7th. UBS Group increased their price objective on Americold Realty Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Evercore set a $14.00 target price on Americold Realty Trust in a report on Friday, February 20th. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $13.00 price target (down from $16.00) on shares of Americold Realty Trust in a research note on Thursday, December 18th.

Institutional Investors Weigh In On Americold Realty Trust

Several institutional investors have recently modified their holdings of COLD. AlphaQuest LLC lifted its holdings in Americold Realty Trust by 7.3% in the 2nd quarter. AlphaQuest LLC now owns 9,334 shares of the company’s stock valued at $155,000 after purchasing an additional 633 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake 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 period. Farther Finance Advisors LLC lifted its stake 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 period. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Americold Realty Trust by 63.3% during the third 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. Finally, Norinchukin Bank The grew its position in shares of Americold Realty Trust by 8.0% in the third quarter. Norinchukin Bank The now owns 13,465 shares of the company’s stock valued at $165,000 after purchasing an additional 1,001 shares during the period. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

Shares of NYSE COLD opened at $13.40 on Monday. The stock has a market cap of $3.82 billion, a P/E ratio of -33.51, a P/E/G ratio of 4.75 and a beta of 0.89. Americold Realty Trust has a twelve month low of $10.10 and a twelve month high of $23.05. The stock has a 50 day moving average of $12.91 and a two-hundred day moving average of $12.81. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.16.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). The business had revenue of $658.45 million for the quarter, compared to analyst estimates of $654.55 million. Americold Realty Trust had a negative return on equity of 3.64% and a negative net margin of 4.40%.The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, research analysts forecast that Americold Realty Trust will post 1.47 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 6.9%. The ex-dividend date was Wednesday, December 31st. Americold Realty Trust’s dividend payout ratio is presently -230.00%.

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.