Americold Realty Trust Inc. (NYSE:COLD) Given Average Rating of “Reduce” by Brokerages

Americold Realty Trust Inc. (NYSE:COLD) has received a consensus recommendation of “Reduce” from the seventeen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $14.9333.

Several analysts recently weighed in on the company. Compass Point assumed coverage on Americold Realty Trust in a research note on Wednesday, March 18th. They issued a “buy” rating and a $14.50 price objective on the stock. Royal Bank Of Canada raised their price objective on Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 26th. Wells Fargo & Company raised their price objective on Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Monday. Wall Street Zen upgraded Americold Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Scotiabank increased their target price on Americold Realty Trust from $14.00 to $15.50 and gave the company a “sector perform” rating in a research report on Thursday, May 14th.

Hedge Funds Weigh In On Americold Realty Trust

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Americold Realty Trust by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 38,597,711 shares of the company’s stock valued at $496,367,000 after purchasing an additional 388,809 shares during the last quarter. Norges Bank bought a new position in shares of Americold Realty Trust during the fourth quarter worth about $152,684,000. State Street Corp raised its position in shares of Americold Realty Trust by 0.7% during the fourth quarter. State Street Corp now owns 10,713,586 shares of the company’s stock worth $140,203,000 after acquiring an additional 75,814 shares during the last quarter. American Century Companies Inc. raised its position in shares of Americold Realty Trust by 53.4% during the third quarter. American Century Companies Inc. now owns 7,913,079 shares of the company’s stock worth $96,856,000 after acquiring an additional 2,754,751 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC raised its position in shares of Americold Realty Trust by 2.3% during the first quarter. Lasalle Investment Management Securities LLC now owns 6,962,583 shares of the company’s stock worth $79,791,000 after acquiring an additional 157,627 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Stock Performance

NYSE:COLD opened at $14.93 on Wednesday. The stock’s 50-day simple moving average is $12.97 and its 200 day simple moving average is $12.53. The firm has a market capitalization of $4.26 billion, a PE ratio of -38.29 and a beta of 0.97. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27. Americold Realty Trust has a twelve month low of $10.10 and a twelve month high of $18.08.

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

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.23 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.92 annualized dividend and a yield of 6.2%. Americold Realty Trust’s dividend payout ratio (DPR) is currently -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.