COLD Stock Recent News

Buying The Food Supply Chain Comes With Income, Growth, And Safety

The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You can buy FRPT, ATR, MFC, HWKN and COLD.

The headline numbers for Americold Realty Trust Inc. (COLD) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Americold's Strong Growth Potential Still Needs To Be Proven

ATLANTA, GA., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), 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, today announced that the Company will release fourth quarter 2023 financial results after the market closes on Thursday, February 22, 2024. A conference call will be held on Thursday, February 22, 2024 at 5:00 p.m. Eastern Time.

Americold Realty Trust, Inc. operates as a REIT that owns and leases temperature-controlled warehousing and provides transportation services. The company's financial performance has been mixed, with a decline in revenue and bottom line results due to multiple factors as of late. Despite its position as a major player in the temperature-controlled warehouse market, shares of Americold Realty Trust are expensive and not an attractive investment opportunity.

Americold is in the business of providing temperature-controlled storage and value-added services. Though the prospects look good, and no significant headwinds appear to be present, the REIT is currently fairly valued. Due to the lack of a margin of safety and the relatively low dividend yield, investors may want to be patient with buying the stock.

I still have sleepless nights, especially when I put hard-earned capital on stocks that are "less than SWANs", including Medical Properties Trust and Brandywine Realty. Fortunately, the large majority of my portfolio are stocks that I refer to as SWANs (stands for sleep well at night). In this article, I will highlight five up-and-coming SWANs, what I refer to as SWAN-a-Bees.

After the brutal sell-off of the last two years, REITs are poised for a surge. However, this upswing will not benefit all REITs equally. Cautious investors can now get about 5% with little or no risk, so why invest in a security yielding less than 5%, particularly if it has significant downside risk?

Americold Realty Trust, Inc. (NYSE:COLD ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Scott Henderson - Chief Investment Officer George Chappelle - Chief Executive Officer Marc Smernoff - Chief Financial Officer Rob Chambers - Chief Commercial Officer Conference Call Participants Samir Khanal - Evercore ISI Josh Dennerlein - Bank of America Craig Mailman - Citigroup Mike Mueller - JPMorgan Michael Carroll - RBC Capital Markets Ki Bin Kim - Truist Securities Nick Thillman - Baird Operator Greetings and welcome to the Americold Realty Trust Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.