Analysts Set Americold Realty Trust Inc. (NYSE:COLD) PT at $15.63

Shares of Americold Realty Trust Inc. (NYSE:COLD) have received a consensus recommendation of “Hold” from the sixteen research firms that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $15.6333.

COLD has been the subject of a number of research analyst reports. Royal Bank Of Canada restated a “sector perform” rating and set a $16.00 price objective on shares of Americold Realty Trust in a research report on Monday, August 17th. Weiss Ratings downgraded Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. Evercore reissued 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 raised their price target on Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Finally, KeyCorp reaffirmed an “overweight” rating on shares of Americold Realty Trust in a research note on Monday, August 10th.

Institutional Investors Weigh In On Americold Realty Trust

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new position in Americold Realty Trust during the second quarter valued at $350,837,000. Norges Bank purchased a new stake in shares of Americold Realty Trust in the fourth quarter valued at $152,684,000. Ancora Advisors LLC bought a new stake in shares of Americold Realty Trust in the 2nd quarter worth about $163,962,000. Canada Pension Plan Investment Board bought a new stake in shares of Americold Realty Trust in the 2nd quarter worth about $126,564,000. Finally, Bank of America Corp DE purchased a new position in shares of Americold Realty Trust during the 2nd quarter worth about $48,141,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

COLD stock opened at $14.82 on Friday. 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 company’s fifty day moving average price is $14.81 and its 200-day moving average price is $13.94. Americold Realty Trust has a one year low of $10.10 and a one year high of $16.88. The company has a market capitalization of $4.23 billion, a PE ratio of -9.32 and a beta of 0.98.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share 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 quarterly revenue was up 1.9% on a year-over-year basis. During the same period last year, the company posted $0.36 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities analysts anticipate that Americold Realty Trust will post 1.22 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.2%. Americold Realty Trust’s dividend payout ratio (DPR) is -57.86%.

About Americold Realty Trust

Americold Realty Trust, Inc is a real estate investment trust that owns, operates and develops temperature-controlled warehouses and distribution facilities. The company provides cold storage infrastructure for food producers, retailers, distributors and other customers whose products require refrigerated or frozen environments.

Americold’s services include refrigerated and frozen storage, handling, inventory management, transportation coordination and other supply-chain solutions. Its facilities support the movement of perishable products such as meat, seafood, dairy, fruits and vegetables, prepared foods and other temperature-sensitive goods from producers to retailers and consumers.

The company serves customers through a network of temperature-controlled properties in key food distribution markets across North America, Europe and the Asia-Pacific region.