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: $82.16 to $83.48
• 50-Day Range: N/A
• 52-Week Range: $80.03 to $89.85
• Volume: 937,805 shs
• Average Volume: 1.69 million shs
• Market Capitalization: $18.78 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $93.63
• Consensus Rating: Moderate Buy

Lineage Stock Analysis - MarketRank™

Lineage scored higher than 57% of companies evaluated by MarketBeat, and ranked 554th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Lineage has received a consensus rating of Moderate Buy. The company's average rating score is 2.76, and is based on 11 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Lineage has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 10.83%

Earnings Growth

Earnings for Lineage are expected to grow by 10.83% in the coming year, from $3.14 to $3.48 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lineage is -6.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lineage is -6.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Lineage has a PEG Ratio of 5.37. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LINE.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Lineage does not currently pay a dividend.

Dividend Growth

Lineage does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Lineage will have a dividend payout ratio of 43.68% next year. This indicates that Lineage will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LINE.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.15

News Sentiment

Lineage has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Lineage this week, compared to 9 articles on an average week.

Search Interest

Only 6 people have searched for LINE on MarketBeat in the last 30 days. This is a decrease of -74% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Lineage to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Lineage insiders have bought more of their company's stock than they have sold. Specifically, they have bought $947,700.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.40% of the stock of Lineage is held by insiders.

Percentage Held by Institutions

Only 3.35% of the stock of Lineage is held by institutions.

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 2024. Since then, LINE shares have decreased by 0.5% and is now trading at $82.47.
View the best growth stocks for 2024 here.

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 $78.00 per share.

When did the company's quiet period expire?

Lineage's quiet period expired on Tuesday, September 3rd. Lineage had issued 56,882,051 shares in its 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. During the company's quiet period, underwriters and any insiders that worked on the IPO were restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

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.

Company Calendar

• Today: 9/19/2024
• Ex-Dividend for 10/21 Dividend: 9/30/2024
• Dividend Payable: 10/21/2024
• Next Earnings (Estimated): 11/20/2024
• Fiscal Year End: 12/31/2024

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: $93.63
• High Stock Price Target: $104.00
• Low Stock Price Target: $86.00
• Potential Upside/Downside: +13.5%
• 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: 26.26
• P/E Growth: 5.37
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $5.33 billion
• Price / Sales: 3.52
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 227,690,000
• Free Float: N/A
• Market Cap: $18.78 billion
• Optionable: Optionable
• Beta: N/A