Americold Realty Trust (NYSE:COLD) Releases FY 2025 Earnings Guidance

Americold Realty Trust (NYSE:COLD - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.420-1.520 for the period, compared to the consensus earnings per share estimate of 1.090. The company issued revenue guidance of -.

Americold Realty Trust Stock Up 0.3%

Shares of NYSE COLD traded up $0.05 during mid-day trading on Friday, hitting $16.92. The company had a trading volume of 4,965,648 shares, compared to its average volume of 2,323,654. The company has a market capitalization of $4.82 billion, a PE ratio of -39.34, a price-to-earnings-growth ratio of 1.56 and a beta of 0.84. The business's 50-day simple moving average is $17.80 and its 200 day simple moving average is $20.14. Americold Realty Trust has a 1-year low of $16.11 and a 1-year high of $30.45. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.13 and a quick ratio of 0.13.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.01). Americold Realty Trust had a negative net margin of 4.58% and a negative return on equity of 3.60%. The company had revenue of $628.98 million during the quarter, compared to analyst estimates of $667.18 million. During the same period in the prior year, the business earned $0.37 EPS. Americold Realty Trust's revenue for the quarter was down 5.4% on a year-over-year basis. On average, analysts predict that Americold Realty Trust will post 1.47 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 5.44%. The ex-dividend date of this dividend is Monday, June 30th. Americold Realty Trust's dividend payout ratio is presently -213.95%.

Analysts Set New Price Targets

A number of research firms have recently commented on COLD. Barclays upgraded Americold Realty Trust from an "equal weight" rating to an "overweight" rating and dropped their price objective for the company from $26.00 to $21.00 in a report on Wednesday, April 9th. Scotiabank restated a "sector perform" rating and set a $20.00 price objective on shares of Americold Realty Trust in a research report on Thursday, May 15th. JPMorgan Chase & Co. lowered shares of Americold Realty Trust from an "overweight" rating to a "neutral" rating and cut their price target for the stock from $24.00 to $21.00 in a research note on Monday. Citigroup decreased their price objective on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Finally, Wells Fargo & Company dropped their price objective on Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating on the stock in a report on Monday, May 19th. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $24.67.

Insider Buying and Selling

In other news, CFO Jay Wells bought 10,000 shares of the firm's stock in a transaction on Monday, May 12th. The shares were bought at an average cost of $17.91 per share, for a total transaction of $179,100.00. Following the completion of the transaction, the chief financial officer now owns 10,000 shares in the company, valued at $179,100. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO George F. Jr. Chappelle bought 110,000 shares of the stock in a transaction on Monday, May 12th. The stock was purchased at an average cost of $17.99 per share, for a total transaction of $1,978,900.00. Following the acquisition, the chief executive officer now directly owns 110,000 shares of the company's stock, valued at $1,978,900. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.23% of the company's stock.

Institutional Investors Weigh In On Americold Realty Trust

Several institutional investors and hedge funds have recently made changes to their positions in COLD. Goldman Sachs Group Inc. raised its position in Americold Realty Trust by 42.5% during the first quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company's stock worth $45,025,000 after acquiring an additional 626,160 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Americold Realty Trust by 8.7% during the 1st quarter. Jane Street Group LLC now owns 71,335 shares of the company's stock worth $1,531,000 after purchasing an additional 5,693 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of Americold Realty Trust during the 1st quarter worth approximately $240,000. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Company Profile

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm's real estate portfolio.