Americold Realty Trust Inc. (COLD) to Issue Quarterly Dividend of $0.23 on October 15th

Americold Realty Trust Inc. (NYSE:COLD) announced a quarterly dividend on Wednesday, August 26th. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.23 per share on Thursday, October 15th. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Wednesday, September 30th.

Americold Realty Trust has increased its dividend by an average of 0.0%annually over the last three years and has raised 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. Research analysts expect Americold Realty Trust to earn $1.26 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 73.0%.

Americold Realty Trust Price Performance

Shares of COLD stock opened at $15.07 on Friday. Americold Realty Trust has a fifty-two week low of $10.10 and a fifty-two week high of $16.88. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.10 and a current ratio of 0.10. The firm has a market capitalization of $4.30 billion, a price-to-earnings ratio of -9.48 and a beta of 0.97. The stock’s 50-day simple moving average is $15.09 and its 200-day simple moving average is $13.77.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, August 6th. The company reported $0.35 EPS for the quarter. The company had revenue of $662.89 million during the quarter, compared to analysts’ expectations of $613.54 million. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. Americold Realty Trust’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period last year, the business earned $0.36 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities analysts forecast that Americold Realty Trust will post 1.15 earnings per share for the current fiscal year.

Institutional Trading of Americold Realty Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. lifted its holdings 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 acquiring an additional 806 shares during the period. Ameriflex Group Inc. acquired a new stake in shares of Americold Realty Trust during the 4th quarter worth approximately $26,000. EverSource Wealth Advisors LLC increased its holdings in shares of Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after purchasing an additional 1,593 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock valued at $30,000 after purchasing an additional 948 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of Americold Realty Trust by 51.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after purchasing an additional 942 shares during the period. 98.14% of the stock is owned by institutional investors and hedge funds.

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.