Americold Realty Trust (NYSE:COLD) Coverage Initiated by Analysts at Compass Point

Compass Point assumed coverage on shares of Americold Realty Trust (NYSE:COLD) in a report released on Wednesday, MarketBeat.com reports. The brokerage issued a buy rating and a $14.50 price objective on the stock.

Several other research firms also recently commented on COLD. Weiss Ratings reiterated a “sell (d)” rating on shares of Americold Realty Trust in a research report on Monday, December 29th. Zacks Research raised Americold Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, November 24th. Scotiabank upgraded shares of Americold Realty Trust to a “hold” rating in a report on Wednesday, March 11th. Barclays decreased their price target on Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. Finally, Citigroup boosted their price target on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Americold Realty Trust has a consensus rating of “Hold” and a consensus price target of $14.39.

Americold Realty Trust Stock Down 0.0%

Shares of NYSE COLD opened at $11.98 on Wednesday. The company has a market cap of $3.41 billion, a price-to-earnings ratio of -29.94, a PEG ratio of 4.14 and a beta of 0.89. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.17. Americold Realty Trust has a 12 month low of $10.10 and a 12 month high of $22.14. The stock has a 50-day moving average price of $12.73 and a two-hundred day moving average price of $12.59.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.68). The company had revenue of $658.45 million for the quarter, compared to the consensus estimate of $654.55 million. Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.71%. The company’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period last year, the firm posted $0.37 earnings per share. 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 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.92 annualized dividend and a dividend yield of 7.7%. Americold Realty Trust’s dividend payout ratio (DPR) is currently -230.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank bought a new position in shares of Americold Realty Trust in the second quarter worth $206,317,000. Baupost Group LLC MA bought a new position in shares of Americold Realty Trust in the third quarter worth approximately $44,064,000. DAVENPORT & Co LLC bought a new position in shares of Americold Realty Trust in the third quarter worth approximately $38,980,000. Rush Island Management LP purchased a new stake in Americold Realty Trust in the fourth quarter valued at approximately $37,663,000. Finally, Morgan Stanley raised its stake in Americold Realty Trust by 114.4% in the fourth quarter. Morgan Stanley now owns 5,330,331 shares of the company’s stock valued at $68,548,000 after purchasing an additional 2,844,402 shares in the last quarter. 98.14% of the stock is owned by institutional investors.

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.