Americold Realty Trust Inc. (NYSE:COLD) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Americold Realty Trust Inc. (NYSE:COLD) have been assigned an average rating of “Hold” from the sixteen research firms that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $15.6333.

COLD has been the subject of several research analyst reports. Scotiabank upped their target price on shares of Americold Realty Trust from $15.00 to $16.00 and gave the company a “sector perform” rating in a report on Thursday, August 13th. Evercore reiterated an “outperform” rating and set a $19.00 price target on shares of Americold Realty Trust in a research note on Friday, August 7th. Wells Fargo & Company boosted their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. UBS Group upped their price objective on shares of Americold Realty Trust from $13.00 to $16.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $16.00 price objective on shares of Americold Realty Trust in a report on Monday, August 17th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its stake in Americold Realty Trust by 42.5% in the first quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock valued at $45,025,000 after buying an additional 626,160 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of Americold Realty Trust during the first quarter worth approximately $240,000. Jane Street Group LLC grew its position in shares of Americold Realty Trust by 8.7% during the first quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock worth $1,531,000 after acquiring an additional 5,693 shares during the last quarter. Quantbot Technologies LP purchased a new position in shares of Americold Realty Trust during the second quarter worth approximately $86,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Americold Realty Trust by 252.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after acquiring an additional 1,593 shares during the period. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Trading Up 3.1%

NYSE:COLD opened at $14.10 on Friday. Americold Realty Trust has a 12-month low of $10.10 and a 12-month high of $16.88. The firm has a market cap of $4.02 billion, a PE ratio of -8.87 and a beta of 0.98. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.25. The stock has a fifty day moving average price of $14.93 and a 200 day moving average price of $13.88.

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

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Americold Realty Trust’s payout ratio is presently -57.86%.

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.