Americold Realty Trust Inc. Declares Quarterly Dividend of $0.23 (NYSE:COLD)

Americold Realty Trust Inc. (NYSE:COLD) declared a quarterly dividend on Wednesday, August 26th. Investors of record on Wednesday, September 30th will be given a dividend of 0.23 per share on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Wednesday, September 30th.

Americold Realty Trust has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 1 years. Americold Realty Trust has a dividend payout ratio of 255.6% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Americold Realty Trust to earn $1.26 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 73.0%.

Americold Realty Trust Price Performance

Shares of COLD stock opened at $15.33 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.10 and a quick ratio of 0.10. The stock’s fifty day simple moving average is $15.07 and its 200 day simple moving average is $13.75. Americold Realty Trust has a one year low of $10.10 and a one year high of $16.88. The firm has a market cap of $4.38 billion, a price-to-earnings ratio of -9.64 and a beta of 0.97.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings 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 worth $45,025,000 after purchasing an additional 626,160 shares during the period. Empowered Funds LLC acquired a new position in shares of Americold Realty Trust in the 1st quarter valued at $240,000. Jane Street Group LLC increased its position in shares of Americold Realty Trust by 8.7% in the 1st quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock valued at $1,531,000 after buying an additional 5,693 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Americold Realty Trust in the 2nd quarter valued at $86,000. Finally, EverSource Wealth Advisors LLC raised its stake in Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after buying an additional 1,593 shares during the period. 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.