Americold Realty Trust Inc. (NYSE:COLD) Stock Has Average Target Price of $15.75

Shares of Americold Realty Trust Inc. (NYSE:COLD) have received a consensus recommendation of “Hold” from the sixteen research firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $15.61.

COLD has been the topic of several recent research reports. Piper Sandler cut their target price on shares of Americold Realty Trust from $17.00 to $15.00 and set a “neutral” rating on the stock in a research report on Monday. KeyCorp restated an “overweight” rating on shares of Americold Realty Trust in a research report on Monday, August 10th. DA Davidson set a $16.00 price target on shares of Americold Realty Trust in a report on Tuesday, August 18th. Bank of America raised Americold Realty Trust from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $15.00 to $16.00 in a research note on Tuesday, August 18th. Finally, Evercore reissued an “outperform” rating and set a $19.00 target price on shares of Americold Realty Trust in a research report on Friday, August 7th.

Institutional Trading of Americold Realty Trust

Institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in shares of Americold Realty Trust during the 2nd quarter valued at $350,837,000. Ancora Advisors LLC bought a new stake in shares of Americold Realty Trust in the second quarter valued at approximately $163,962,000. Canada Pension Plan Investment Board bought a new stake in Americold Realty Trust during the 2nd quarter valued at $126,564,000. Alyeska Investment Group L.P. raised its stake in shares of Americold Realty Trust by 17.2% during the 2nd quarter. Alyeska Investment Group L.P. now owns 5,583,153 shares of the company’s stock valued at $87,767,000 after purchasing an additional 817,860 shares during the period. Finally, Lasalle Investment Management Securities LLC increased 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 valued at $79,791,000 after buying an additional 157,627 shares during the period. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Down 0.4%

COLD stock opened at $13.94 on Tuesday. The stock has a market capitalization of $3.98 billion, a P/E ratio of -8.76 and a beta of 0.92. 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 firm has a 50-day moving average price of $14.52 and a 200-day moving average price of $14.21. Americold Realty Trust has a 12 month low of $10.10 and a 12 month high of $16.88.

Americold Realty Trust (NYSE:COLD) last issued its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share for the quarter. The firm had revenue of $662.89 million for the quarter, compared to analyst estimates of $613.54 million. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the business posted $0.36 earnings per share. 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 1.22 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.23 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.92 annualized dividend and a dividend yield of 6.6%. Americold Realty Trust’s dividend payout ratio is currently -57.86%.

Americold Realty Trust Company Profile

Americold Realty Trust, Inc is a real estate investment trust that owns, operates and develops temperature-controlled storage and distribution facilities. The company provides refrigerated and frozen warehousing, inventory management, handling, transportation coordination and other supply-chain services for customers that require temperature-sensitive logistics.

Its customers include food producers, processors, retailers, restaurants, distributors and other businesses involved in the movement of perishable goods.