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


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Americold Realty Trust (NYSE:COLD) is set to post its quarterly earnings results after the market closes on Thursday, May 6th. Analysts expect Americold Realty Trust to post earnings of $0.29 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Wednesday, February 17th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.34). Americold Realty Trust had a return on equity of 4.42% and a net margin of 4.58%. On average, analysts expect Americold Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NYSE:COLD opened at $39.35 on Wednesday. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $38.88 and a 200 day simple moving average of $36.37. The firm has a market cap of $9.94 billion, a PE ratio of 91.51, a price-to-earnings-growth ratio of 3.26 and a beta of 0.08. Americold Realty Trust has a 12-month low of $28.56 and a 12-month high of $41.29.

The business also recently declared a quarterly dividend, which was paid on Thursday, April 15th. Investors of record on Wednesday, March 31st were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend was Tuesday, March 30th. This is a positive change from Americold Realty Trust’s previous quarterly dividend of $0.21. Americold Realty Trust’s payout ratio is 75.21%.

In other news, insider Thomas C. Novosel sold 28,948 shares of the business’s stock in a transaction on Tuesday, February 23rd. The shares were sold at an average price of $37.09, for a total transaction of $1,073,681.32. Following the completion of the transaction, the insider now owns 5,366 shares of the company’s stock, valued at $199,024.94. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Fred W. Boehler sold 191,097 shares of the business’s stock in a transaction on Tuesday, February 23rd. The shares were sold at an average price of $37.00, for a total transaction of $7,070,589.00. Following the transaction, the chief executive officer now directly owns 449,368 shares of the company’s stock, valued at approximately $16,626,616. The disclosure for this sale can be found here. In the last ninety days, insiders sold 225,545 shares of company stock valued at $8,347,220. 0.42% of the stock is currently owned by corporate insiders.

A number of analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Americold Realty Trust from a “hold” rating to a “sell” rating in a research note on Monday, January 11th. TheStreet raised shares of Americold Realty Trust from a “c” rating to a “b-” rating in a report on Tuesday, January 19th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $41.25.

About Americold Realty Trust

Americold is the world's largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 185 temperature-controlled warehouses, with over 1 billion refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina.

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Earnings History for Americold Realty Trust (NYSE:COLD)

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