Americold Realty Trust Inc. (NYSE:COLD) Receives Consensus Rating of “Reduce” from Analysts

Shares of Americold Realty Trust Inc. (NYSE:COLD) have earned an average rating of “Reduce” from the seventeen analysts that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $14.9333.

A number of brokerages have weighed in on COLD. Scotiabank lifted their target price on Americold Realty Trust from $14.00 to $15.50 and gave the stock a “sector perform” rating in a report on Thursday, May 14th. Evercore set a $17.00 target price on Americold Realty Trust in a report on Friday, May 8th. Wall Street Zen upgraded Americold Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Royal Bank Of Canada lifted their target price on Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 26th. Finally, Robert W. Baird set a $15.00 target price on Americold Realty Trust in a report on Friday, May 8th.

Institutional Investors Weigh In On Americold Realty Trust

A number of hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. grew its stake in Americold Realty Trust by 42.5% in the first quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock valued at $45,025,000 after acquiring an additional 626,160 shares during the period. Empowered Funds LLC acquired a new stake in Americold Realty Trust in the first quarter valued at approximately $240,000. Jane Street Group LLC grew its stake in Americold Realty Trust by 8.7% in the first quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock valued at $1,531,000 after acquiring an additional 5,693 shares during the period. Quantbot Technologies LP acquired a new stake in Americold Realty Trust in the second quarter valued at approximately $86,000. Finally, EverSource Wealth Advisors LLC grew its stake in Americold Realty Trust by 252.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after acquiring an additional 1,593 shares during the period. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Price Performance

Shares of COLD opened at $14.93 on Wednesday. Americold Realty Trust has a 1 year low of $10.10 and a 1 year high of $18.08. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of -38.29 and a beta of 0.97. The business has a 50-day moving average of $12.97 and a 200-day moving average of $12.53.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.33. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The company had revenue of $629.87 million during the quarter, compared to the consensus estimate of $613.77 million. During the same period last year, the company earned $0.34 earnings per share. The firm’s revenue was up .2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities research analysts anticipate that Americold Realty Trust will post 1.18 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Tuesday, June 30th. Americold Realty Trust’s payout ratio is presently -235.90%.

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.