Americold Realty Trust (NYSE:COLD – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday 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 1.260. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of research analysts have commented on COLD shares. Citigroup decreased their price target on Americold Realty Trust from $25.00 to $23.00 and set a “neutral” rating on the stock in a research note on Friday, March 21st. Scotiabank lowered their target price on Americold Realty Trust from $28.00 to $24.00 and set a “sector outperform” rating for the company in a report on Thursday, April 10th. Finally, Barclays upgraded shares of Americold Realty Trust from an “equal weight” rating to an “overweight” rating and cut their price target for the stock from $26.00 to $21.00 in a research note on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $28.00.
Read Our Latest Research Report on Americold Realty Trust
Americold Realty Trust Stock Down 5.9 %
Americold Realty Trust (NYSE:COLD – Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.01). Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. During the same quarter in the previous year, the company posted $0.37 EPS. The business’s revenue was down 5.4% on a year-over-year basis. On average, sell-side analysts expect that Americold Realty Trust will post 1.47 EPS for the current fiscal year.
Americold Realty Trust Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.31%. This is a boost from Americold Realty Trust’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, March 28th. Americold Realty Trust’s dividend payout ratio is presently -270.59%.
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.
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