Lineage, Inc. (LINE)
| Market Cap | 14.75B |
| Revenue (ttm) | 5.33B |
| Net Income (ttm) | -699.40M |
| Shares Out | 251.88M |
| EPS (ttm) | -4.02 |
| PE Ratio | n/a |
| Forward PE | 132.12 |
| Dividend | $0.38 (0.65%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 2,229,198 |
| Open | 57.00 |
| Previous Close | 56.90 |
| Day's Range | 56.76 - 58.76 |
| 52-Week Range | 56.76 - 89.85 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 88.50 (+51.1%) |
| Earnings Date | Feb 15, 2025 |
About LINE
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, mos... [Read more]
Financial Performance
In 2023, Lineage's revenue was $5.34 billion, an increase of 8.34% compared to the previous year's $4.93 billion. Losses were -$117.40 million, 51.7% more than in 2022.
Financial numbers in USD Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for LINE stock is "Buy." The 12-month stock price forecast is $88.5, which is an increase of 51.10% from the latest price.
News
Lineage, Inc. Declares Dividend for Fourth Quarter 2024
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world's largest global temperature-controlled warehouse REIT, today announced that its Board of Directors has declared a...
Rabobank Honors Lineage at Annual Leadership Summit
The annual celebration recognizes organizations that demonstrate remarkable industry stewardship, sustainability and innovation in food and agribusiness NEW YORK , Dec. 6, 2024 /PRNewswire/ -- Raboban...
Ryp Labs Crowned the Winner of Lineage's 2024 Global Food Chain Innovation Challenge
NOVI, Mich.--(BUSINESS WIRE)-- #oneLineage--Lineage announced the winner of its 2024 Food Chain Innovation Challenge is Ryp Labs.
Lineage Explores Connection Between Food Infrastructure and Economic Development in New Research by Economist Impact
NOVI, Mich.--(BUSINESS WIRE)-- #oneLineage--Lineage announced the release of Economist Impact's “Feeding the Future” report, a new body of research on food infrastructure and its impacts.
Top 4 Real Estate Stocks That May Rocket Higher In November
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Lineage, Inc. (LINE) Q3 2024 Earnings Call Transcript
Lineage, Inc. (NASDAQ:LINE) Q3 2024 Earnings Conference Call November 6, 2024 8:00 AM ET Company Participants Evan Barbosa - Vice President, Investor Relations Greg Lehmkuhl - President and Chief Exe...
Lineage, Inc. Reports Third-Quarter 2024 Financial Results
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the "Company"), the world's largest global temperature-controlled warehouse REIT, today announced its financial results for the third quarte...
Double-Digit Return Potential: 3 REITs To Boost Your Portfolio
The bond market is acting strangely. Yields are rising despite rate cuts, and credit spreads are tightening. This unusual behavior is causing uncertainty and volatility. REITs, especially those sensit...
Global IPO Activity Picking Up But Continues To Lag Other Post-COVID Years
Global IPO activity is recovering but remains below recent years, with 326 IPOs in Q3 2024 totaling $23.32 billion, the lowest since Q1 2019. US IPO activity has increased steadily, with 36 IPOs in Q3...
Top 3 Real Estate Stocks That May Explode This Quarter
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Lineage to Report Third-Quarter 2024 Financial Results on November 6, 2024
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE), announced that it will report its financial results for the third quarter of 2024 on Wednesday, November 6, 2024, before market open. A conf...
Essential Business Spotlight: Cold Storage
Cold Storage REITs like Americold and Lineage are essential due to their role in reducing food spoilage and supporting the cold chain infrastructure. Key growth drivers include online grocery adoption...
Mainspring Energy Expands Operations to Texas with Agreement to Deploy Linear Generators at Five Lineage Facilities
MENLO PARK, Calif. , Sept. 18, 2024 /PRNewswire/ -- Onsite power generation provider Mainspring Energy Inc. today announced that its customer Lineage (NASDAQ: LINE), the world's largest temperature-co...
Lineage, Inc. Declares Initial Dividend
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the "Company"), the world's largest global temperature-controlled warehouse REIT, today announced that its Board of Directors has declared a...
Lineage Announces a Grand Prize of $50,000 for the Food Chain Innovation Challenge
NOVI, Mich.--(BUSINESS WIRE)-- #oneLineage--Lineage announced additional details of the 2024 Food Chain Innovation Challenge, including members of the judging panels as well as the grand prize.
How Hot Is Cold Storage? A First Look At Lineage
Lineage Inc., the world's largest cold storage REIT, has a mission-critical role in the supply chain with significant industry advantages and impressive growth. Despite its compelling business model, ...
Lineage: Interesting High-Tech REIT At A Nosebleed Valuation
Lineage, Inc., a high-tech cold-storage REIT, had a successful IPO with strong investor demand, but its current valuation appears overly expensive. The company leverages advanced data science and AI t...
Lineage Celebrates 100th Patent Milestone, Reinforcing Leadership in Cold Chain Innovation
NOVI, Mich.--(BUSINESS WIRE)-- #oneLineage--Lineage, Inc. today announced the issuance of its 100th patent, a significant milestone that highlights the company's achievements in innovation.
Lineage, Inc. Files Second-Quarter 2024 Form 10-Q
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the "Company"), the world's largest global temperature-controlled warehouse REIT, has filed its Form 10-Q for the quarter ended June 30, 202...
Lineage Set For Strong Growth Post-2024 With Tech Investments And Strategic Acquisitions: Analyst
Lineage, Inc. LINE shares are trading higher today after multiple firms initiated coverage on the stock with bullish ratings.
Lineage's stock climbs as analysts initiate coverage
Shares of Lineage Inc. rose 3.5% in premarket trades Monday as analysts initiated coverage of the newly public chilled-warehouse company.
Lineage Receives Investment Grade Credit Ratings from Moody's and Fitch
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world's largest global temperature-controlled warehouse REIT, today announced that the Company received investment grade...
Lineage: Industry Leader Starting At A Premium
Lineage aims to transform the global food supply chain with 482 warehouses, focusing on quality and sustainability. Lineage's successful public offering saw shares sold above the midpoint of the range...
Lineage Announces $100M Investment in Its US Workforce via IPO Awards and Ongoing Grants Under Its Employee Equity Incentive Plan
NOVI, Mich.--(BUSINESS WIRE)-- #oneLineage--Lineage, the world's largest global temperature-controlled warehousing REIT, today announced a $100 million investment in its workforce.
Lineage Announces Full Exercise of the Underwriters' Option to Purchase Additional Shares, Increasing Gross Proceeds to $5.1 Billion
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (the “Company”) (Nasdaq: LINE) today announced that the underwriters of its previously announced initial public offering have fully exercised their option t...