Americold Realty Trust Inc. (NYSE:COLD) Receives $14.93 Average Price Target from Analysts

Shares of Americold Realty Trust Inc. (NYSE:COLD) have earned a consensus recommendation of “Reduce” from the seventeen ratings firms that are presently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $14.9333.

A number of research firms have weighed in on COLD. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Americold Realty Trust in a report on Friday, March 27th. Piper Sandler initiated coverage on Americold Realty Trust in a research report on Wednesday, April 1st. They set a “neutral” rating and a $13.00 price target for the company. Scotiabank lifted their price target on Americold Realty Trust from $14.00 to $15.50 and gave the company a “sector perform” rating in a research report on Thursday, May 14th. Royal Bank Of Canada lifted their price target on Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 26th. Finally, Evercore set a $17.00 price target on Americold Realty Trust in a research report on Friday, May 8th.

Institutional Trading of Americold Realty Trust

A number of hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its position 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 purchasing an additional 806 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Americold Realty Trust by 51.1% in the fourth 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 last quarter. Caitong International Asset Management Co. Ltd lifted its position in 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 valued at $30,000 after purchasing an additional 948 shares during the last quarter. Norinchukin Bank The lifted its position in Americold Realty Trust by 8.0% in the third quarter. Norinchukin Bank The now owns 13,465 shares of the company’s stock valued at $165,000 after purchasing an additional 1,001 shares during the last quarter. Finally, Arizona State Retirement System lifted its position in Americold Realty Trust by 1.4% in the third quarter. Arizona State Retirement System now owns 80,041 shares of the company’s stock valued at $980,000 after purchasing an additional 1,103 shares during the last quarter. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Trading Up 2.7%

Shares of Americold Realty Trust stock opened at $14.88 on Wednesday. The stock has a fifty day moving average price of $13.40 and a 200-day moving average price of $12.69. Americold Realty Trust has a 1 year low of $10.10 and a 1 year high of $18.08. The firm has a market cap of $4.25 billion, a PE ratio of -38.16 and a beta of 0.97. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.33. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The company had revenue of $629.87 million during the quarter, compared to analyst estimates of $613.77 million. During the same quarter last year, the firm posted $0.34 EPS. The firm’s revenue for the quarter was up .2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities research analysts anticipate that Americold Realty Trust will post 1.18 EPS for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio (DPR) is -235.90%.

Americold Realty Trust Company Profile

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.