Americold Realty Trust (COLD) Expected to Announce Quarterly Earnings on Thursday

Americold Realty Trust (NYSE:COLD) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect Americold Realty Trust to post earnings of $0.10 per share and revenue of $684.03 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Americold Realty Trust Price Performance

Shares of COLD opened at $21.39 on Tuesday. The stock has a market capitalization of $6.08 billion, a P/E ratio of -21.17, a P/E/G ratio of 1.64 and a beta of 0.61. Americold Realty Trust has a twelve month low of $20.41 and a twelve month high of $30.45. The company has a 50 day moving average of $21.64 and a 200-day moving average of $24.93. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11.

Americold Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.88 annualized dividend and a dividend yield of 4.12%. Americold Realty Trust’s dividend payout ratio is currently -87.13%.

Insider Buying and Selling at Americold Realty Trust

In other Americold Realty Trust news, SVP Robert E. Harris sold 1,836 shares of the stock in a transaction 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 transaction, the senior vice president now owns 1,837 shares in the company, valued at $41,589.68. This trade represents a 49.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.17% of the company’s stock.

Analyst Ratings Changes

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