Americold Realty Trust (COLD) Scheduled to Post Quarterly Earnings on Thursday

Americold Realty Trust (NYSE:COLD) is set to issue its quarterly earnings data after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.28 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Americold Realty Trust Stock Up 0.4 %

Shares of NYSE COLD opened at $22.61 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.17 and a current ratio of 0.17. Americold Realty Trust has a 52 week low of $21.87 and a 52 week high of $33.90. The stock has a market capitalization of $6.42 billion, a P/E ratio of -18.69, a PEG ratio of 2.00 and a beta of 0.54. The stock’s fifty day moving average is $24.19 and its 200 day moving average is $26.73.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date was Wednesday, March 27th. Americold Realty Trust’s payout ratio is currently -72.73%.

Wall Street Analysts Forecast Growth

COLD has been the topic of a number of recent analyst reports. Raymond James upgraded Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 price target on the stock in a research report on Thursday, February 29th. KeyCorp decreased their price target on Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating on the stock in a research report on Friday, March 22nd. Truist Financial upgraded Americold Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the stock from $31.00 to $35.00 in a research report on Tuesday, January 16th. Wells Fargo & Company assumed coverage on Americold Realty Trust in a research report on Thursday, April 25th. They issued an “equal weight” rating and a $24.00 target price on the stock. Finally, Scotiabank assumed coverage on Americold Realty Trust in a research report on Wednesday, March 27th. They issued a “sector perform” rating and a $27.00 target price on the stock. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.33.

Americold Realty Trust Company Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.