Americold Realty Trust Inc. (COLD) To Go Ex-Dividend on June 30th

Americold Realty Trust Inc. (NYSE:COLD) announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.23 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Tuesday, June 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 dividend payout ratio of 255.6% meaning 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 $1.23 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 74.8%.

Americold Realty Trust Stock Performance

Shares of NYSE:COLD opened at $14.82 on Friday. The business’s fifty day moving average price is $12.52 and its two-hundred day moving average price is $12.39. Americold Realty Trust has a fifty-two week low of $10.10 and a fifty-two week high of $18.08. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of -38.00 and a beta of 0.89. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.29 earnings per share for the quarter, beating 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 firm had revenue of $629.87 million for the quarter, compared to analysts’ expectations of $613.77 million. During the same period in the prior year, the business posted $0.34 earnings per share. The business’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, analysts predict that Americold Realty Trust will post 1.18 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.