Americold Realty Trust (COLD) Scheduled to Post Quarterly Earnings on Thursday

Americold Realty Trust (NYSE:COLD) is set to announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.28 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Americold Realty Trust Stock Up 0.4 %

COLD stock opened at $22.61 on Wednesday. Americold Realty Trust has a 1-year low of $21.87 and a 1-year high of $33.90. The business has a fifty day moving average price of $24.19 and a 200-day moving average price of $26.73. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.17 and a quick ratio of 0.17. The stock has a market capitalization of $6.42 billion, a P/E ratio of -18.69, a P/E/G ratio of 2.00 and a beta of 0.54.

Americold Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.89%. The ex-dividend date was Wednesday, March 27th. Americold Realty Trust’s dividend payout ratio is currently -72.73%.

Analyst Ratings Changes

Several analysts recently commented on the company. Scotiabank assumed coverage on Americold Realty Trust in a report on Wednesday, March 27th. They issued a “sector perform” rating and a $27.00 price objective for the company. Wells Fargo & Company began coverage on Americold Realty Trust in a report on Thursday, April 25th. They set an “equal weight” rating and a $24.00 price target for the company. Truist Financial raised Americold Realty Trust from a “hold” rating to a “buy” rating and boosted their price target for the company from $31.00 to $35.00 in a report on Tuesday, January 16th. Royal Bank of Canada cut their price target on Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 28th. Finally, Raymond James raised Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 price target for the company in a report on Thursday, February 29th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.33.

Americold Realty Trust Company Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.