US stock futures flat after Wall St drops on Trump tariffs, soft jobs data
Americold Realty Trust (NYSE:COLD) stock reached a significant milestone, hitting a 52-week low of $16.05. According to InvestingPro data, the company, with a market capitalization of $4.57 billion, currently offers an attractive dividend yield of 5.54%. This marks a substantial decline for the company, reflecting a 42.06% decrease over the past year. The real estate investment trust, which specializes in temperature-controlled warehouses, has faced challenges in the current economic climate, leading to this notable dip in its stock value. The 52-week low underscores the volatility and pressures in the market affecting Americold Realty Trust’s performance. InvestingPro analysis reveals that while the company isn’t currently profitable, analysts expect a return to profitability this year, with targets ranging from $18 to $31 per share. Get access to 6 more exclusive InvestingPro Tips and a comprehensive Pro Research Report for deeper insights into COLD’s potential.
In other recent news, Americold Realty Trust has made significant announcements and adjustments that could impact investors. The company has declared a quarterly dividend of $0.23 per share for the second quarter of 2025, maintaining the same level as the previous quarter and marking a 5% increase from the same period last year. Truist Securities has lowered its price target for Americold from $27.00 to $24.00, following the company’s first-quarter earnings for 2025 and revised adjusted funds from operations (AFFO) forecasts. The new AFFO estimates are $1.42 per share for 2025 and $1.53 per share for 2026, aligning with Americold’s guidance range.
In another development, JPMorgan has downgraded Americold from Overweight to Neutral, citing industry headwinds and reduced throughput volumes as challenges. KeyBanc also adjusted its price target for Americold, reducing it to $23.00 while maintaining an Overweight rating, indicating potential upside compared to competitors. Additionally, Americold has announced a reshuffle in its executive team, promoting Rob Chambers to the newly created role of President to enhance global growth and operational performance. These changes reflect Americold’s ongoing efforts to strengthen its market position amidst evolving industry dynamics.
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