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NASDAQ:LINE

Lineage (LINE) Stock Price, News & Analysis

Lineage logo
$63.42 -1.04 (-1.61%)
(As of 11/29/2024 ET)

About Lineage Stock (NASDAQ:LINE)

Key Stats

Today's Range
$63.35
$64.92
50-Day Range
$62.95
$80.65
52-Week Range
$62.50
$89.85
Volume
342,371 shs
Average Volume
1.17 million shs
Market Capitalization
$14.49 billion
P/E Ratio
N/A
Dividend Yield
2.40%
Price Target
$90.75
Consensus Rating
Moderate Buy

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.

Lineage Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
76th Percentile Overall Score

LINE MarketRank™: 

Lineage scored higher than 76% of companies evaluated by MarketBeat, and ranked 313th out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Lineage's stock forecast and price target.
  • Earnings Growth

    Earnings for Lineage are expected to grow by 13.00% in the coming year, from $3.00 to $3.39 per share.

  • Price to Earnings Growth Ratio

    Lineage has a PEG Ratio of 8.08. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Lineage has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Lineage's valuation and earnings.
  • Short Interest

    There is no current short interest data available for LINE.
  • Dividend Yield

    Lineage pays a meaningful dividend of 2.40%, higher than the bottom 25% of all stocks that pay dividends.

  • 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 44.84% next year. This indicates that Lineage will be able to sustain or increase its dividend.

  • Read more about Lineage's dividend.
  • Short Interest

    There is no current short interest data available for LINE.
  • News Sentiment

    Lineage has a news sentiment score of 0.70. 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 news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Lineage this week, compared to 10 articles on an average week.
  • Search Interest

    17 people have searched for LINE on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Lineage to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Lineage insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

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

  • Read more about Lineage's insider trading history.
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LINE Stock News Headlines

Brokerages Set Lineage, Inc. (NASDAQ:LINE) Price Target at $90.75
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Lineage
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LINE Stock Analysis - Frequently Asked Questions

Lineage's stock was trading at $82.88 on January 1st, 2024. Since then, LINE stock has decreased by 23.5% and is now trading at $63.42.
View the best growth stocks for 2024 here
.

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

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

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. After the end of Lineage's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Lineage's top institutional investors 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
.

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.

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
12/01/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/05/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Current Symbol
NASDAQ:LINE
Previous Symbol
NASDAQ:LINE
Web
N/A
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
+43.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.76
Research Coverage
17 Analysts

Profitability

Net Income
$-77,400,000.00
Pretax Margin
-14.66%

Debt

Sales & Book Value

Annual Sales
$5.34 billion
Book Value
$44.14 per share

Miscellaneous

Free Float
225,214,000
Market Cap
$14.49 billion
Optionable
Optionable
Beta
N/A
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This page (NASDAQ:LINE) was last updated on 12/1/2024 by MarketBeat.com Staff
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