Americold Realty Trust Inc. (COLD) To Go Ex-Dividend on March 31st

Americold Realty Trust Inc. (NYSE:COLD) announced a quarterly dividend on Thursday, March 5th. Investors of record on Tuesday, March 31st will be paid a dividend of 0.23 per share on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date of this dividend is Tuesday, March 31st.

Americold Realty Trust has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 1 years. Americold Realty Trust has a dividend payout ratio of 255.6% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Americold Realty Trust to earn $1.60 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 57.5%.

Americold Realty Trust Price Performance

Shares of NYSE COLD opened at $10.95 on Friday. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of -27.36, a price-to-earnings-growth ratio of 3.82 and a beta of 0.89. Americold Realty Trust has a twelve month low of $10.10 and a twelve month high of $21.94. The business has a 50 day simple moving average of $12.44 and a 200-day simple moving average of $12.46. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.17.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of $0.37 by ($0.68). Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.71%. The business had revenue of $658.45 million during the quarter, compared to analyst estimates of $654.55 million. During the same period last year, the firm posted $0.37 earnings per share. The company’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. As a group, equities research analysts expect that Americold Realty Trust will post 1.47 earnings per share for the current year.

Institutional Investors Weigh In On Americold Realty Trust

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Americold Realty Trust by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 38,597,711 shares of the company’s stock valued at $496,367,000 after purchasing an additional 388,809 shares during the period. Norges Bank bought a new stake in shares of Americold Realty Trust during the 2nd quarter worth $206,317,000. State Street Corp boosted its holdings in shares of Americold Realty Trust by 0.7% during the 4th quarter. State Street Corp now owns 10,713,586 shares of the company’s stock worth $140,203,000 after buying an additional 75,814 shares during the period. American Century Companies Inc. grew its stake in Americold Realty Trust by 53.4% in the 3rd quarter. American Century Companies Inc. now owns 7,913,079 shares of the company’s stock valued at $96,856,000 after buying an additional 2,754,751 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC grew its stake in Americold Realty Trust by 11.9% in the 3rd quarter. Lasalle Investment Management Securities LLC now owns 6,955,290 shares of the company’s stock valued at $85,133,000 after buying an additional 742,319 shares during the last quarter. Institutional investors own 98.14% of the company’s stock.

About Americold Realty Trust

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.