NYSE:LNLine Stock Price, Forecast & News

Line's stock was trading at $50.32 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LN shares have increased by 3.0% and is now trading at $51.81. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Line in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Line.

Line is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Line.

Line Corp (NYSE:LN) announced its quarterly earnings results on Tuesday, April, 28th. The technology company reported ($0.32) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.19. The technology company earned $543.76 million during the quarter. Line had a negative return on equity of 26.60% and a negative net margin of 19.23%. View Line's earnings history.

Media headlines about LN stock have trended negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Line earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Line.

Some companies that are related to Line include Baidu (BIDU), Snap (SNAP), IHS Markit (INFO), Twitter (TWTR), Trade Desk (TTD), Yandex (YNDX), Pinterest (PINS), Wix.Com (WIX), FactSet Research Systems (FDS), GDS (GDS), 58.com (WUBA), Weibo (WB), Livongo Health (LVGO), Legend Biotech (DADA) and HUYA (HUYA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Line investors own include Alibaba Group (BABA), First Solar (FSLR), Netflix (NFLX), Twilio (TWLO), Broadcom (AVGO), Gilead Sciences (GILD), NVIDIA (NVDA), Ring Energy (REI), Ring Energy (REI) and Advanced Micro Devices (AMD).

(LN) raised $928 million in an IPO on Thursday, July 14th 2016. The company issued 35,000,000 shares at $25.00-$28.00 per share. Morgan Stanley, Nomura, Goldman Sachs Japan and J.P. Morgan acted as the underwriters for the IPO and Morgan Stanley, Goldman Sachs, J.P. Morgan and Nomura were co-managers.

Line trades on the New York Stock Exchange (NYSE) under the ticker symbol "LN."

Shares of LN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of LN stock can currently be purchased for approximately $51.81.

Line has a market capitalization of $12.48 billion and generates $2.12 billion in revenue each year. The technology company earns $-431,370,000.00 in net income (profit) each year or ($1.82) on an earnings per share basis. Line employs 6,998 workers across the globe.

The official website for Line is linecorp.com.

Line's mailing address is JR SHINJUKU MIRAINA TOWER 23RD FLOOR 4-1-6 SHINJUKU, TOKYO M0, 160-0022. The technology company can be reached via phone at 813-4316-2050 or via email at [email protected]