Brokerages Set Americold Realty Trust Inc. (NYSE:COLD) Price Target at $14.30

Shares of Americold Realty Trust Inc. (NYSE:COLD) have earned an average rating of “Hold” from the seventeen analysts that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $14.30.

Several research firms have commented on COLD. Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a research report on Friday, March 27th. Bank of America cut shares of Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 target price on the stock. in a research report on Thursday, February 5th. Evercore set a $14.00 price objective on shares of Americold Realty Trust in a report on Friday, February 20th. Wells Fargo & Company raised their price objective on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, March 2nd. Finally, Truist Financial decreased their price objective on shares of Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, December 24th.

Institutional Investors Weigh In On Americold Realty Trust

Several large investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. increased its stake in shares of Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after purchasing an additional 806 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Americold Realty Trust by 51.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after purchasing an additional 942 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after purchasing an additional 948 shares during the last quarter. Norinchukin Bank The increased its stake in shares of Americold Realty Trust by 8.0% during the 3rd quarter. Norinchukin Bank The now owns 13,465 shares of the company’s stock worth $165,000 after purchasing an additional 1,001 shares during the last quarter. Finally, LRI Investments LLC increased its stake in shares of Americold Realty Trust by 90.4% during the 3rd quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock worth $26,000 after purchasing an additional 1,026 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

Americold Realty Trust stock opened at $12.80 on Tuesday. Americold Realty Trust has a 52 week low of $10.10 and a 52 week high of $20.75. The company’s 50 day moving average price is $12.15 and its two-hundred day moving average price is $12.35. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.17. The stock has a market cap of $3.65 billion, a P/E ratio of -31.99, a P/E/G ratio of 4.32 and a beta of 0.90.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, February 19th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of $0.37 by ($0.68). Americold Realty Trust had a negative return on equity of 3.71% and a negative net margin of 4.40%.The firm had revenue of $658.45 million for the quarter, compared to the consensus estimate of $654.55 million. During the same period in the prior year, the business earned $0.37 EPS. Americold Realty Trust’s quarterly revenue was down 1.2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities analysts predict that Americold Realty Trust will post 1.47 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.23 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.92 annualized dividend and a dividend yield of 7.2%. Americold Realty Trust’s dividend payout ratio (DPR) is presently -230.00%.

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.