Americold Realty Trust (NYSE:COLD – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.390-1.450 for the period, compared to the consensus earnings per share estimate of 0.460. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the company. Wells Fargo & Company dropped their price target on Americold Realty Trust from $18.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 27th. UBS Group started coverage on shares of Americold Realty Trust in a report on Tuesday, October 14th. They set a “neutral” rating and a $14.00 target price on the stock. Zacks Research downgraded shares of Americold Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 9th. Robert W. Baird lowered their price target on shares of Americold Realty Trust from $23.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, August 13th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and issued a $15.00 price objective (down previously from $17.00) on shares of Americold Realty Trust in a report on Tuesday, September 23rd. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.31.
Read Our Latest Report on Americold Realty Trust
Americold Realty Trust Stock Down 0.6%
Americold Realty Trust (NYSE:COLD – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.35 EPS for the quarter, meeting analysts’ consensus estimates of $0.35. Americold Realty Trust had a negative net margin of 2.09% and a negative return on equity of 1.68%. The firm had revenue of $663.67 million for the quarter, compared to analysts’ expectations of $659.51 million. During the same quarter in the prior year, the company posted $0.35 earnings per share. The business’s revenue for the quarter was down 1.6% on a year-over-year basis. Americold Realty Trust has set its FY 2025 guidance at 1.390-1.450 EPS. Analysts predict that Americold Realty Trust will post 1.47 earnings per share for the current fiscal year.
Americold Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $0.23 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.92 annualized dividend and a dividend yield of 7.8%. Americold Realty Trust’s payout ratio is currently -484.21%.
Institutional Investors Weigh In On Americold Realty Trust
Several institutional investors have recently modified their holdings of the business. Geneos Wealth Management Inc. increased its holdings in Americold Realty Trust by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after buying an additional 806 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after acquiring an additional 1,593 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Americold Realty Trust in the second quarter worth approximately $86,000. Headlands Technologies LLC raised its holdings in shares of Americold Realty Trust by 128.8% during the second quarter. Headlands Technologies LLC now owns 6,545 shares of the company’s stock valued at $109,000 after purchasing an additional 3,684 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its position in Americold Realty Trust by 59.4% during the second quarter. Osaic Holdings Inc. now owns 6,803 shares of the company’s stock valued at $116,000 after purchasing an additional 2,535 shares during the period. 98.14% of the stock is 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.
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