Americold Realty Trust (COLD) Company Overview

ATLANTA, GA., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a top company in temperature-controlled logistics and real estate, has revealed its intention to create its first Import-Export Hub in Canada, located at Port Saint John in New Brunswick. This hub will focus on the ownership, operation, acquisition, and development of temperature-controlled warehouses.

ATLANTA, GA., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) is a leading company in temperature-controlled logistics and real estate. They have announced the tax treatment for their common stock distributions for 2024. This information is detailed below.

Americold Realty Trust presents an attractive investment opportunity with a 4% dividend yield and is currently priced lower than its usual P/FFO ratio. Even though its share price has recently declined, COLD has demonstrated solid financial results, including better margins and strong AFFO growth. The company is set for future expansion through automation projects and a $1 billion development plan that is crucial for the global food supply chain.

Aristotle Capital Boston, LLC, an investment advisory firm, published its investor letter for the "Small Cap Equity Strategy" for the fourth quarter of 2024. You can download the letter here. The fluctuations observed in 2024 continued into the fourth quarter, and during this time, value companies did not perform as well as growth companies, according to the Russell 2000 index.

ATLANTA, GA., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a top company in temperature-controlled logistics and real estate, has announced that it will share its financial results for the fourth quarter and the entire year of 2024 before the market opens on Thursday, February 20, 2025. A conference call is scheduled for the same day at 8:00 a.m. Eastern Time.

The industrial REIT sector has experienced notable price drops because of shifts in the overall economy, making current prices more appealing for investment. Investor interest has decreased, as shown by the decline in AFFO multiples from 35.5x in 2021 to 20.5x now. Even though there is strong demand, the increase in new supply has limited rent growth and occupancy rates, resulting in slow SSNOI growth.

ATLANTA, GA., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD) has received the 2024 Built By The Best Award from the Controlled Environment Building Association (CEBA) for its facility in Russellville, Arkansas. This recognition showcases Americold's top-notch design, innovative construction, and strong operational skills, especially after the facility was also named Site of the Year by one of its major clients for its smooth launch and full capacity achievement.

Americold Realty Trust, the biggest publicly traded cold-storage REIT, has not performed well because of management mistakes and too much capacity. I believe in the long-term potential of the cold-storage industry and am curious if the new Trump Administration policies could lead to a change in business performance. The company's leadership is quite new and may need to show better results soon or face replacement.

Americold Realty Trust Inc. (COLD) reported quarterly funds from operations (FFO) of $0.35 per share, which is slightly below the Zacks Consensus Estimate of $0.36 per share. This is an increase from the FFO of $0.32 per share from the same period last year.