Brokerages Set Americold Realty Trust Inc. (NYSE:COLD) Target Price at $15.29

Americold Realty Trust Inc. (NYSE:COLD) has been assigned an average rating of “Hold” from the sixteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $15.25.

A number of brokerages have recently commented on COLD. Robert W. Baird set a $15.00 price objective on shares of Americold Realty Trust in a research report on Friday, May 8th. Barclays upped their target price on shares of Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, May 15th. Wells Fargo & Company raised their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Piper Sandler lifted their price target on Americold Realty Trust from $13.00 to $17.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Finally, Scotiabank set a $15.00 price target on Americold Realty Trust in a research report on Friday, July 24th.

Americold Realty Trust Trading Up 0.9%

NYSE COLD opened at $14.73 on Thursday. The company has a market cap of $4.20 billion, a PE ratio of -37.76 and a beta of 0.96. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.27. Americold Realty Trust has a 12 month low of $10.10 and a 12 month high of $16.88. The stock has a 50 day moving average of $15.10 and a 200-day moving average of $13.50.

Americold Realty Trust (NYSE:COLD) last issued its earnings results on Thursday, May 7th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.33. The business had revenue of $629.87 million for the quarter, compared to the consensus estimate of $613.77 million. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the company earned $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities research analysts anticipate that Americold Realty Trust will post 1.15 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 6.2%. The ex-dividend date was Tuesday, June 30th. Americold Realty Trust’s payout ratio is currently -235.90%.

Institutional Investors Weigh In On Americold Realty Trust

A number of large investors have recently added to or reduced their stakes in the business. Legacy Wealth Asset Management LLC boosted its position in Americold Realty Trust by 6.8% during the second quarter. Legacy Wealth Asset Management LLC now owns 35,918 shares of the company’s stock worth $565,000 after purchasing an additional 2,285 shares during the period. Reinhart Partners LLC. raised its position in shares of Americold Realty Trust by 7.7% in the second quarter. Reinhart Partners LLC. now owns 3,663,227 shares of the company’s stock valued at $57,586,000 after purchasing an additional 260,995 shares during the period. GAMMA Investing LLC lifted its stake in shares of Americold Realty Trust by 79.6% during the 2nd quarter. GAMMA Investing LLC now owns 3,834 shares of the company’s stock worth $60,000 after buying an additional 1,699 shares during the last quarter. Basecamp Wealth Advisors LLC boosted its holdings in shares of Americold Realty Trust by 726.2% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 4,296 shares of the company’s stock worth $49,000 after buying an additional 3,776 shares during the period. Finally, Alpine Woods Capital Investors LLC bought a new stake in shares of Americold Realty Trust during the 1st quarter worth about $306,000. 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.