Americold Realty Trust Inc. (NYSE:COLD) Receives Average Rating of “Hold” from Brokerages

Americold Realty Trust Inc. (NYSE:COLD) has been given an average recommendation of “Hold” by the seventeen ratings firms that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $14.30.

Several research firms recently commented on COLD. Barclays dropped their price objective on shares of Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 13th. UBS Group boosted their price objective on shares of Americold Realty Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Evercore set a $14.00 price objective on shares of Americold Realty Trust in a research note on Friday, February 20th. Piper Sandler began coverage on shares of Americold Realty Trust in a research note on Wednesday, April 1st. They set a “neutral” rating and a $13.00 price objective on the stock. Finally, Scotiabank raised shares of Americold Realty Trust to a “hold” rating in a research note on Wednesday, March 11th.

Americold Realty Trust Price Performance

Shares of NYSE COLD opened at $12.94 on Tuesday. Americold Realty Trust has a 1 year low of $10.10 and a 1 year high of $20.75. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.12 and a quick ratio of 0.12. The company’s 50-day moving average is $12.15 and its 200 day moving average is $12.35. The stock has a market capitalization of $3.68 billion, a P/E ratio of -32.34, a P/E/G ratio of 4.46 and a beta of 0.90.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.68). Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.71%. The company had revenue of $658.45 million for the quarter, compared to analysts’ expectations of $654.55 million. During the same quarter in the prior year, the firm earned $0.37 EPS. Americold Realty Trust’s quarterly revenue was down 1.2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, sell-side analysts expect that Americold Realty Trust will post 1.18 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.92 annualized dividend and a yield of 7.1%. Americold Realty Trust’s payout ratio is presently -230.00%.

Institutional Investors Weigh In On Americold Realty Trust

Hedge funds have recently bought and sold shares of the business. LRI Investments LLC lifted its stake in shares of Americold Realty Trust by 90.4% in the third quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock worth $26,000 after buying an additional 1,026 shares in the last quarter. Ameriflex Group Inc. bought a new position in shares of Americold Realty Trust in the fourth quarter worth approximately $26,000. Geneos Wealth Management Inc. lifted its stake in shares of Americold Realty Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after buying an additional 806 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Americold Realty Trust by 63.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after buying an additional 948 shares in the last quarter. Finally, Avalon Trust Co bought a new position in shares of Americold Realty Trust in the third quarter worth approximately $32,000. 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.