Lineage (LINE) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $62.75 to $64.54
• 50-Day Range: $63.14 to $83.25
• 52-Week Range: $62.50 to $89.85
• Volume: 791,848 shs
• Average Volume: 1.41 million shs
• Market Capitalization: $14.59 billion
• P/E Ratio: N/A
• Dividend Yield: 2.38%
• Price Target: $90.75
• Consensus Rating: Moderate Buy

LINE Stock Analysis - Frequently Asked Questions

How have LINE shares performed this year?

Lineage's stock was trading at $82.88 at the beginning of the year. Since then, LINE stock has decreased by 22.9% and is now trading at $63.86.
View the best growth stocks for 2024 here.

How were Lineage's earnings last quarter?

Lineage, Inc. (NASDAQ:LINE) posted its earnings results on Wednesday, November, 6th. The company reported ($2.44) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by $3.22. The business's quarterly revenue was up .5% compared to the same quarter last year.

When did Lineage IPO?

Lineage (LINE) raised $4.4 billion in an initial public offering (IPO) on Thursday, July 25th 2024. The company issued 56,882,051 shares at a price of $78.00 per share.

When does Lineage's lock-up period expire?

Lineage's lock-up period expires on Tuesday, January 21st. Lineage had issued 56,882,051 shares in its initial public offering on July 25th. The total size of the offering was $4,436,799,978 based on an initial share price of $78.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Who are Lineage's major shareholders?

Top institutional investors of Lineage include Wellington Management Group LLP (1.49%), Victory Capital Management Inc. (0.99%), Principal Financial Group Inc. (0.97%) and Baillie Gifford & Co. (0.75%). Insiders that own company stock include Robert Crisci, Jeffrey Alvarez Rivera and Abigail S Fleming.
View institutional ownership trends.

How do I buy shares of Lineage?

Shares of LINE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Lineage own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lineage investors own include Amgen (AMGN), AstraZeneca (AZN), Confluent (CFLT), Halozyme Therapeutics (HALO), Trimble (TRMB), Arch Capital Group (ACGL) and Adobe (ADBE).

Company Calendar

• Ex-Dividend for 10/21 Dividend: 9/30/2024
• Dividend Payable: 10/21/2024
• Last Earnings: 11/06/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/05/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NASDAQ:LINE
• Previous Symbol: NASDAQ:LINE
• CUSIP: N/A
• CIK: 1868159
• Web: N/A
• Phone: (800) 678-7271
• Fax: N/A
• Employees: 26,127
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $90.75
• High Stock Price Target: $102.00
• Low Stock Price Target: $78.00
• Potential Upside/Downside: +42.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.76
• Research Coverage: 17 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 21.29
• P/E Growth: 8.1
• Net Income: $-77,400,000.00
• Net Margins: -12.18%
• Pretax Margin: -14.66%
• Return on Equity: -9.89%
• Return on Assets: -3.51%

Debt

• Debt-to-Equity Ratio: 0.62
• Current Ratio: 1.07
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $5.33 billion
• Price / Sales: 2.73
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 228,412,000
• Free Float: N/A
• Market Cap: $14.59 billion
• Optionable: Optionable
• Beta: N/A