Americold Realty Trust Inc. Announces Quarterly Dividend of $0.23 (NYSE:COLD)

Americold Realty Trust Inc. (NYSE:COLD) declared a quarterly dividend on Wednesday, August 26th. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.23 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Wednesday, September 30th.

Americold Realty Trust has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Americold Realty Trust has a payout ratio of 255.6% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Americold Realty Trust to earn $1.26 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 73.0%.

Americold Realty Trust Trading Down 1.0%

Shares of COLD stock opened at $15.33 on Thursday. Americold Realty Trust has a 12-month low of $10.10 and a 12-month high of $16.88. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.25. The stock’s 50-day moving average price is $15.07 and its 200-day moving average price is $13.75. The stock has a market capitalization of $4.38 billion, a price-to-earnings ratio of -9.64 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.35 EPS for the quarter. The company had revenue of $662.89 million during the quarter, compared to analyst estimates of $613.54 million. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%.The firm’s revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.36 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities research analysts predict that Americold Realty Trust will post 1.15 EPS for the current fiscal year.

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.