Americold Realty Trust Inc. (NYSE:COLD) Receives $15.38 Average PT from Analysts

Shares of Americold Realty Trust Inc. (NYSE:COLD) have been assigned a consensus rating of “Hold” from the fourteen analysts that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $14.4167.

A number of equities research analysts recently weighed in on COLD shares. KeyCorp lowered their price target on shares of Americold Realty Trust from $23.00 to $18.00 and set an “overweight” rating for the company in a report on Friday, October 3rd. JPMorgan Chase & Co. lowered their target price on Americold Realty Trust from $15.00 to $12.00 and set an “underweight” rating for the company in a research note on Friday, November 14th. Barclays cut their price target on Americold Realty Trust from $20.00 to $17.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. Evercore ISI restated an “in-line” rating and set a $13.00 price objective (down previously from $19.00) on shares of Americold Realty Trust in a research note on Friday, November 7th. Finally, Wells Fargo & Company cut their target price on Americold Realty Trust from $15.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th.

Americold Realty Trust Stock Performance

NYSE COLD opened at $12.63 on Wednesday. The business’s 50-day moving average price is $12.10 and its 200 day moving average price is $14.16. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.16. Americold Realty Trust has a twelve month low of $10.10 and a twelve month high of $23.52. The company has a market capitalization of $3.60 billion, a PE ratio of -57.42, a price-to-earnings-growth ratio of 4.02 and a beta of 0.96.

Americold Realty Trust (NYSE:COLD) last issued its earnings results on Thursday, November 6th. The company reported $0.35 EPS for the quarter, meeting analysts’ consensus estimates of $0.35. The business had revenue of $663.67 million for the quarter, compared to the consensus estimate of $659.51 million. Americold Realty Trust had a negative net margin of 2.39% and a negative return on equity of 1.96%. The business’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.35 EPS. Americold Realty Trust has set its FY 2025 guidance at 1.390-1.450 EPS. On average, research analysts predict that Americold Realty Trust will post 1.47 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Wednesday, December 31st. Americold Realty Trust’s dividend payout ratio (DPR) is -418.18%.

Institutional Trading of Americold Realty Trust

A number of institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Americold Realty Trust by 49,833.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 1,498 shares of the company’s stock worth $25,000 after purchasing an additional 1,495 shares during the last quarter. LRI Investments LLC lifted its position in Americold Realty Trust by 90.4% in the 3rd quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock valued at $26,000 after purchasing an additional 1,026 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after purchasing an additional 806 shares during the period. Avalon Trust Co bought a new position in Americold Realty Trust in the 3rd quarter worth about $32,000. Finally, GKV Capital Management Co. Inc. acquired a new stake in shares of Americold Realty Trust in the first quarter valued at approximately $36,000. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Company Profile

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.