Americold Realty Trust (NYSE:COLD) Updates FY 2025 Earnings Guidance

Americold Realty Trust (NYSE:COLD) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.390-1.450 for the period, compared to the consensus estimate of 0.460. The company issued revenue guidance of -.

Americold Realty Trust Stock Performance

Shares of NYSE COLD opened at $11.82 on Friday. The business’s 50 day moving average is $13.24 and its two-hundred day moving average is $15.59. The company has a market cap of $3.36 billion, a P/E ratio of -62.18, a P/E/G ratio of 4.00 and a beta of 0.84. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.13. Americold Realty Trust has a 12 month low of $11.49 and a 12 month high of $24.74.

Americold Realty Trust (NYSE:COLD) last announced its earnings results on Thursday, November 6th. The company reported $0.35 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.35. Americold Realty Trust had a negative net margin of 2.09% and a negative return on equity of 1.68%. The business had revenue of $663.67 million for the quarter, compared to analyst estimates of $659.51 million. During the same quarter in the previous year, the firm posted $0.35 earnings per share. Americold Realty Trust’s revenue was down 1.6% compared to the same quarter last year. Americold Realty Trust has set its FY 2025 guidance at 1.390-1.450 EPS. On average, equities analysts expect that Americold Realty Trust will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.23 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.8%. Americold Realty Trust’s payout ratio is currently -484.21%.

Wall Street Analyst Weigh In

COLD has been the subject of a number of recent research reports. KeyCorp dropped their price objective on shares of Americold Realty Trust from $23.00 to $18.00 and set an “overweight” rating for the company in a research note on Friday, October 3rd. Evercore ISI reissued an “in-line” rating and issued a $13.00 price objective (down previously from $19.00) on shares of Americold Realty Trust in a research note on Friday. Royal Bank Of Canada set a $13.00 target price on shares of Americold Realty Trust and gave the stock a “sector perform” rating in a research report on Thursday. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $15.00 price target (down previously from $17.00) on shares of Americold Realty Trust in a report on Tuesday, September 23rd. Finally, UBS Group started coverage on shares of Americold Realty Trust in a report on Tuesday, October 14th. They set a “neutral” rating and a $14.00 target price for the company. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $17.31.

Institutional Trading of Americold Realty Trust

A number of institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. boosted its position in Americold Realty Trust by 59.4% during the 2nd quarter. Osaic Holdings Inc. now owns 6,803 shares of the company’s stock worth $116,000 after acquiring an additional 2,535 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Americold Realty Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after buying an additional 806 shares during the period. FORA Capital LLC lifted its holdings in Americold Realty Trust by 93.4% during the 2nd quarter. FORA Capital LLC now owns 18,940 shares of the company’s stock valued at $315,000 after purchasing an additional 9,147 shares during the last quarter. Headlands Technologies LLC lifted its stake in shares of Americold Realty Trust by 128.8% during the 2nd quarter. Headlands Technologies LLC now owns 6,545 shares of the company’s stock worth $109,000 after buying an additional 3,684 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its holdings in shares of Americold Realty Trust by 11.6% during the second quarter. CANADA LIFE ASSURANCE Co now owns 468,287 shares of the company’s stock worth $7,787,000 after acquiring an additional 48,737 shares during the period. 98.14% of the stock is currently owned by institutional investors.

About Americold Realty Trust

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm’s real estate portfolio.