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NASDAQ:LINE

Lineage (LINE) Stock Price, News & Analysis

$81.01
-2.12 (-2.55%)
(As of 09/6/2024 ET)
Today's Range
$80.25
$84.12
50-Day Range
N/A
52-Week Range
$80.15
$89.85
Volume
554,867 shs
Average Volume
1.94 million shs
Market Capitalization
$19.73 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$93.87

Lineage MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
15.9% Upside
$93.87 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.24mentions of Lineage in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$947,700 Bought Last Quarter
Proj. Earnings Growth
14.46%
From $3.25 to $3.72 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.00 out of 5 stars

Real Estate Sector

1st out of 2 stocks

REIT - Industrial Industry

1st out of 1 stocks

LINE stock logo

About Lineage Stock (NASDAQ: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, most importantly, feed the world.

LINE Stock Price History

LINE Stock News Headlines

Royal Bank of Canada Reiterates Outperform Rating for Lineage (NASDAQ:LINE)
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
RBC Capital Sticks to Their Buy Rating for Lineage, Inc. (LINE)
How Hot Is Cold Storage? A First Look At Lineage
Running on Ice: Lineage patents Lego
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
See More Headlines
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Company Calendar

Today
9/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
REIT - Industrial
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
$93.87
High Stock Price Target
$105.00
Low Stock Price Target
$86.00
Potential Upside/Downside
+15.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
16 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$5.33 billion

Miscellaneous

Free Float
N/A
Market Cap
$19.73 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. W. Gregory Lehmkuhl (Age 51)
    CEO, President & Director
    Comp: $6.15M
  • Mr. Robert C. CrisciMr. Robert C. Crisci (Age 48)
    Chief Financial Officer
    Comp: $1.79M
  • Mr. Jeffrey Rivera (Age 51)
    Global Chief Operations Officer
    Comp: $2.22M
  • Mr. Sudarsan Thattai (Age 51)
    Chief Information Officer & Chief Transformation Officer
    Comp: $1.93M
  • Mr. Sean Vanderelzen (Age 52)
    Chief Human Resources Officer
    Comp: $1.78M
  • Mr. Adam Forste (Age 46)
    Co-Founder & Co-Executive Chairman
  • Mr. Kevin Patrick Marchetti (Age 46)
    Co-Founder & Co-Executive Chairman
  • Ms. Abigail S. Fleming (Age 42)
    Senior VP & Chief Accounting Officer
  • Ms. Natalie Matsler (Age 48)
    Chief Legal Officer & Corporate Secretary
  • Mr. Timothy Smith (Age 59)
    Chief Commercial Officer

LINE Stock Analysis - Frequently Asked Questions

How have LINE shares performed this year?

Lineage's stock was trading at $82.88 on January 1st, 2024. Since then, LINE stock has decreased by 2.3% and is now trading at $81.01.
View the best growth stocks for 2024 here
.

When did Lineage IPO?

Lineage (LINE) raised $4.4 billion in an initial public offering on Thursday, July 25th 2024. The company issued 56,882,051 shares at a price of $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 IPO 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, insiders and underwriters involved in the IPO were restricted from issuing any earnings forecasts or 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.

This page (NASDAQ:LINE) was last updated on 9/7/2024 by MarketBeat.com Staff

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