Lineage (LINE) to Release Earnings on Wednesday

Lineage (NASDAQ:LINE - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.82 per share and revenue of $1.34 billion for the quarter.

Lineage Stock Performance

NASDAQ LINE opened at $56.05 on Wednesday. The company has a fifty day moving average of $56.94 and a two-hundred day moving average of $61.61. Lineage has a 1 year low of $46.63 and a 1 year high of $89.85. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.95 and a current ratio of 1.07.

Lineage Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, March 31st were paid a dividend of $0.5275 per share. The ex-dividend date was Monday, March 31st. This represents a $2.11 dividend on an annualized basis and a yield of 3.76%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on LINE. Mizuho lowered their target price on shares of Lineage from $86.00 to $67.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 8th. Royal Bank of Canada decreased their target price on shares of Lineage from $81.00 to $74.00 and set an "outperform" rating for the company in a research note on Thursday, March 6th. The Goldman Sachs Group dropped their price target on Lineage from $89.00 to $77.00 and set a "buy" rating on the stock in a research report on Friday, January 17th. Piper Sandler decreased their price objective on Lineage from $90.00 to $75.00 and set an "overweight" rating for the company in a research report on Thursday, February 27th. Finally, Citigroup assumed coverage on Lineage in a research note on Friday, March 28th. They set a "neutral" rating and a $64.00 price target for the company. Nine investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $77.63.

Insiders Place Their Bets

In related news, Chairman Adam Matthew Schwartz Forste purchased 24,317 shares of the company's stock in a transaction on Friday, February 28th. The stock was bought at an average price of $60.50 per share, with a total value of $1,471,178.50. Following the completion of the transaction, the chairman now owns 24,317 shares of the company's stock, valued at approximately $1,471,178.50. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.40% of the stock is owned by company insiders.

About Lineage

Lineage, Inc is the world's largest global temperature-controlled warehouse REIT with a network of over 480 strategically located facilities totaling over 84.1 million square feet and 3.0 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world's largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world.

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