Americold Realty Trust Inc. (NYSE:COLD) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Americold Realty Trust has a consensus “Hold” rating among 16 analysts: three recommend selling, nine advise holding, and four recommend buying. The average 12-month price target is $15.63.
• The company reported quarterly revenue of $662.89 million, exceeding analysts’ $613.54 million estimate, while EPS came in at $0.35 versus $0.36 a year earlier. Revenue increased 1.9% year over year.
• Americold declared a quarterly dividend of $0.23, or $0.92 annualized, representing a 6.5% yield; institutional investors and hedge funds own 98.14% of the stock.

Americold Realty Trust Inc. (NYSE:COLD - Get Free Report) has received an average recommendation of "Hold" from the sixteen analysts that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $15.6333.

A number of research analysts recently commented on COLD shares. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $16.00 price objective on shares of Americold Realty Trust in a report on Monday, August 17th. UBS Group raised their target price on Americold Realty Trust from $13.00 to $16.00 and gave the stock a "neutral" rating in a research note on Friday, July 17th. Barclays lifted their target price on Americold Realty Trust from $12.00 to $13.00 and gave the company an "underweight" rating in a research report on Friday, May 15th. Bank of America raised Americold Realty Trust from an "underperform" rating to a "neutral" rating and upped their price target for the company from $15.00 to $16.00 in a research note on Tuesday, August 18th. Finally, Wells Fargo & Company raised their price objective on Americold Realty Trust from $14.00 to $15.00 and gave the stock an "equal weight" rating in a research report on Monday, June 1st.

Americold Realty Trust Stock Up 3.1%

COLD stock opened at $14.10 on Friday. 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 firm has a 50-day moving average of $14.93 and a two-hundred day moving average of $13.88. Americold Realty Trust has a 12 month low of $10.10 and a 12 month high of $16.88. The company has a market cap of $4.02 billion, a price-to-earnings ratio of -8.87 and a beta of 0.98.

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

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given 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 yield of 6.5%. Americold Realty Trust's dividend payout ratio is presently -57.86%.

Institutional Investors Weigh In On Americold Realty Trust

A number of institutional investors have recently made changes to their positions in COLD. Sequoia Financial Advisors LLC raised its stake in shares of Americold Realty Trust by 15.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 21,801 shares of the company's stock valued at $343,000 after acquiring an additional 2,921 shares during the period. Squarepoint Ops LLC boosted its position in shares of Americold Realty Trust by 132.9% during the 2nd quarter. Squarepoint Ops LLC now owns 162,204 shares of the company's stock worth $2,550,000 after purchasing an additional 92,563 shares during the period. Sterling Investment Advisors Ltd. boosted its position in shares of Americold Realty Trust by 84.9% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 28,525 shares of the company's stock worth $448,000 after purchasing an additional 13,100 shares during the period. Allworth Financial LP increased its holdings in Americold Realty Trust by 368.4% in the 2nd quarter. Allworth Financial LP now owns 7,311 shares of the company's stock valued at $115,000 after purchasing an additional 5,750 shares during the last quarter. Finally, West Family Investments Inc. acquired a new position in Americold Realty Trust in the 2nd quarter valued at about $176,000. 98.14% of the stock is currently owned by institutional investors and hedge funds.

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.

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