Americold Realty Trust (NYSE:COLD) Research Coverage Started at Compass Point

Compass Point initiated coverage on shares of Americold Realty Trust (NYSE:COLD) in a report released on Wednesday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $14.50 target price on the stock.

COLD has been the subject of several other reports. Truist Financial decreased their target price on Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, December 24th. Zacks Research upgraded shares of Americold Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, November 24th. Barclays decreased their price objective on shares of Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating for the company in a report on Tuesday, January 13th. Citigroup lifted their price objective on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. Finally, Wells Fargo & Company boosted their target price on shares of Americold Realty Trust from $11.00 to $14.00 and gave the company an “equal weight” rating in a research note on Monday, March 2nd. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.39.

Americold Realty Trust Price Performance

Shares of NYSE COLD opened at $11.24 on Wednesday. The company has a market capitalization of $3.20 billion, a PE ratio of -28.09, a PEG ratio of 3.98 and a beta of 0.89. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.17. The stock’s 50 day moving average price is $12.66 and its 200-day moving average price is $12.56. Americold Realty Trust has a twelve month low of $10.10 and a twelve month high of $22.10.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) EPS 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 analysts’ expectations of $654.55 million. Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.71%. The business’s revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.37 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities analysts anticipate that Americold Realty Trust will post 1.47 EPS for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Tuesday, March 31st. Americold Realty Trust’s payout ratio is currently -230.00%.

Institutional Investors Weigh In On Americold Realty Trust

Several institutional investors have recently made changes to their positions in COLD. LRI Investments LLC grew its position in shares of Americold Realty Trust by 90.4% in the third quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock valued at $26,000 after purchasing an additional 1,026 shares in the last quarter. Ameriflex Group Inc. bought a new stake in shares of Americold Realty Trust during the 4th quarter valued at $26,000. Geneos Wealth Management Inc. lifted its holdings in 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 in the last quarter. Caitong International Asset Management Co. Ltd lifted 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 purchasing an additional 948 shares in the last quarter. Finally, Avalon Trust Co bought a new position in Americold Realty Trust in the 3rd quarter worth about $32,000. Hedge funds and other 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.