Americold Realty Trust (NYSE:COLD) Announces Quarterly Earnings Results, Beats Estimates By $0.27 EPS

Americold Realty Trust (NYSE:COLD) released its quarterly earnings results on Thursday. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.27, Zacks reports. Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. Americold Realty Trust updated its FY 2025 guidance to 1.510-1.590 EPS.

Americold Realty Trust Price Performance

Shares of NYSE:COLD traded up $0.97 on Thursday, hitting $21.99. The stock had a trading volume of 1,512,174 shares, compared to its average volume of 1,705,284. The firm’s 50 day moving average price is $21.57 and its 200-day moving average price is $24.84. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. Americold Realty Trust has a twelve month low of $20.41 and a twelve month high of $30.45. The company has a market capitalization of $6.25 billion, a price-to-earnings ratio of -21.77, a price-to-earnings-growth ratio of 1.56 and a beta of 0.61.

Americold Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.22 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.88 annualized dividend and a yield of 4.00%. Americold Realty Trust’s dividend payout ratio is currently -87.13%.

Insider Buying and Selling

In related news, SVP Robert E. Harris sold 1,836 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $22.64, for a total transaction of $41,567.04. Following the sale, the senior vice president now directly owns 1,837 shares in the company, valued at $41,589.68. This represents a 49.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.17% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Scotiabank decreased their target price on Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating for the company in a research note on Tuesday, December 10th. Citigroup cut their target price on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, December 4th. Barclays decreased their price target on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Monday, November 18th. Robert W. Baird reduced their target price on shares of Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday, November 8th. Finally, Royal Bank of Canada lowered their price target on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Americold Realty Trust presently has an average rating of “Moderate Buy” and a consensus target price of $29.17.

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.