Brokerages Set Americold Realty Trust Inc. (NYSE:COLD) Target Price at $14.39

Americold Realty Trust Inc. (NYSE:COLD) has earned a consensus recommendation of “Hold” from the sixteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $14.3929.

A number of research firms recently weighed in on COLD. Evercore set a $14.00 price target on Americold Realty Trust in a report on Friday, February 20th. Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a report on Monday, December 29th. Zacks Research upgraded Americold Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, November 24th. Citigroup lifted their price target on Americold Realty Trust from $11.00 to $14.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 25th. Finally, Compass Point began coverage on shares of Americold Realty Trust in a research note on Wednesday, March 18th. They issued a “buy” rating and a $14.50 price objective on the stock.

Americold Realty Trust Stock Performance

NYSE:COLD opened at $11.24 on Friday. The firm’s fifty day simple moving average is $12.66 and its 200-day simple moving average is $12.54. 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 $3.20 billion, a PE ratio of -28.09, a price-to-earnings-growth ratio of 3.89 and a beta of 0.89. Americold Realty Trust has a fifty-two week low of $10.10 and a fifty-two week high of $22.10.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, February 19th. The company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $658.45 million for the quarter, compared to analysts’ expectations of $654.55 million. During the same period in the prior year, the firm posted $0.37 EPS. The firm’s quarterly revenue was down 1.2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Analysts expect 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 will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Americold Realty Trust’s dividend payout ratio is -230.00%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of COLD. Goldman Sachs Group Inc. raised its holdings in shares of Americold Realty Trust by 42.5% in the first quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock worth $45,025,000 after acquiring an additional 626,160 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Americold Realty Trust during the 1st quarter worth about $240,000. Jane Street Group LLC boosted its stake in shares of Americold Realty Trust by 8.7% during the 1st quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock worth $1,531,000 after purchasing an additional 5,693 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Americold Realty Trust during the second quarter worth about $590,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Americold Realty Trust by 110.0% during the second quarter. PNC Financial Services Group Inc. now owns 7,328 shares of the company’s stock worth $122,000 after buying an additional 3,838 shares in the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Company Profile

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.