Americold Realty Trust (NYSE:COLD) Issues Quarterly Earnings Results

Americold Realty Trust (NYSE:COLD) posted its quarterly earnings data on Thursday. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.10 by $0.27, Zacks reports. Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. Americold Realty Trust updated its FY 2025 guidance to 1.510-1.590 EPS.

Americold Realty Trust Trading Up 6.4 %

Shares of COLD stock traded up $1.34 during mid-day trading on Thursday, hitting $22.36. 954,748 shares of the company’s stock were exchanged, compared to its average volume of 1,681,785. Americold Realty Trust has a fifty-two week low of $20.41 and a fifty-two week high of $30.45. The stock has a 50-day simple moving average of $21.57 and a two-hundred day simple moving average of $24.84. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of -22.19, a PEG ratio of 1.56 and a beta of 0.61.

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust’s dividend payout ratio (DPR) is presently -87.13%.

Analyst Upgrades and Downgrades

COLD has been the subject of several analyst reports. Scotiabank reduced their price objective on Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating for the company in a research note on Tuesday, December 10th. Barclays cut their target price on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Monday, November 18th. Truist Financial cut their target price on Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, December 5th. Citigroup cut their target price on Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, December 4th. Finally, Robert W. Baird cut their target price on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday, November 8th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $29.17.

Insider Transactions at Americold Realty Trust

In other news, SVP Robert E. Harris sold 1,836 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $22.64, for a total transaction of $41,567.04. Following the sale, the senior vice president now owns 1,837 shares in the company, valued at $41,589.68. This trade represents a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.17% of the company’s stock.

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.