NYSE:LNLine Stock Price, Forecast & News

$49.66

+0.02 (+0.04 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

$49.58

Now: $49.66▼

$49.71

50-Day Range

$47.63

MA: $49.13▼

$49.78

52-Week Range

$27.04

Now: $49.66▼

$51.97

Volume6,312 shs

Average Volume25,535 shs

Market Capitalization$11.96 billion

P/E RatioN/A

Dividend YieldN/A

Beta0.74

LINE Corporation provides a platform for mobile messaging and communication services, content distribution, and life and financial services primarily in Japan, Taiwan, Thailand, and Indonesia. It operates through two segments, Core Business and Strategic Business. The company offers LINE, a cross-platform messenger application that enables users to communicate through free instant messaging, stickers, and voice and video calls, as well as serves as a smart portal to its other applications and services. It also provides communication products, including LINE Stickers and themes; and contents, such as LINE Games, LINE PLAY, LINE Manga, LINE Music, and LINE Fortune. In addition, the company offers display advertising services through Timeline, LINE NEWS, and LINE TODAY; account advertising products and services comprising official accounts, [email protected], sponsored stickers, and LINE Point Ads; and other advertising products and services that include LINE Part-time Job, livedoor, and Matome Web portals. Further, it sells LINE characters merchandise under the LINE Friends name; and provides fintech services, such as LINE Pay service, as well as other services that include AI and e-commerce. The company was formerly known as NHN Japan Corporation and changed its name to LINE Corporation in April 2013. The company was founded in 2000 and is headquartered in Tokyo, Japan. LINE Corporation is a subsidiary of Naver Corporation.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Line.

2.1 Community Rank

Outperform Votes
Line has received 242 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Line has received 322 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Line has received 57.09% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Line and other stocks. Vote “Outperform” if you believe LN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LN will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Line does not currently pay a dividend.
Dividend Growth
Line does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Line insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.98% of the stock of Line is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Line are expected to grow in the coming year, from ($1.65) to ($1.31) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Line is -27.25, 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 Line is -27.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Line has a P/B Ratio of 7.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.55 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Computer programming, data processing, & other computer related

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:LN

Previous Symbol

CUSIPN/A

CIK1611820

Webwww.linecorp.com

Phone813-4316-2050

Debt

Debt-to-Equity Ratio1.22

Current Ratio1.70

Quick Ratio1.66

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.12 billion

Price / Sales5.65

Cash FlowN/A

Price / Cash FlowN/A

Book Value$6.67 per share

Price / Book7.45

Profitability

EPS (Most Recent Fiscal Year)($1.82)

Net Income$-431,370,000.00

Net Margins-19.23%

Return on Equity-26.60%

Return on Assets-8.83%

Miscellaneous

Employees3,085

Outstanding Shares240,880,000

Market Cap$11.96 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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Line (NYSE:LN) Frequently Asked Questions

How has Line's stock been impacted by COVID-19 (Coronavirus)?

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 decreased by 1.3% and is now trading at $49.66. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Line?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Line in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Line.

When is Line's next earnings date?

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

How were Line's earnings last quarter?

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

Has Line been receiving favorable news coverage?

News headlines about LN stock have been trending extremely negative on Tuesday, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Line earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutLine.

Who are some of Line's key competitors?

Some companies that are related to Line include Zoom Video Communications (ZM), Baidu (BIDU), IHS Markit (INFO), Twitter (TWTR), Snap (SNAP), Match Group (MTCH), Trade Desk (TTD), Yandex (YNDX), FactSet Research Systems (FDS), Pinterest (PINS), Wix.Com (WIX), Stars Group (TSG), 58.com (WUBA), Weibo (WB) and GDS (GDS). View all competitors.

What other stocks do shareholders of Line own?

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).

Who are Line's key executives?

Line's management team includes the following people:

Mr. Takeshi Idezawa, Pres, CEO & Representative Director (Age 46)
Mr. Jungho Shin, Co-CEO, Chief WOW Officer & Director (Age 47)
Mr. In-Joon Hwang, CFO & Director (Age 54)
Mr. Jun Masuda, Chief Strategy & Marketing Officer and Director (Age 41)
Kokan Ki, Head of Fin. and Accounting (Age 43)

When did Line IPO?

(LN) raised $928 million in an initial public offering 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.

What is Line's stock symbol?

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

Who are Line's major shareholders?

Line's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Parametric Portfolio Associates LLC (0.13%), Henry James International Management Inc. (0.05%), Aperio Group LLC (0.04%), Eqis Capital Management Inc. (0.03%), Envestnet Asset Management Inc. (0.03%) and Toroso Investments LLC (0.03%).

Which institutional investors are selling Line stock?

LN stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., United Capital Financial Advisers LLC, Toroso Investments LLC, CSat Investment Advisory L.P., OneAscent Financial Services LLC, Lenox Wealth Management Inc., Sofos Investments Inc., and UBS Group AG.

Which institutional investors are buying Line stock?

LN stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Parametric Portfolio Associates LLC, Aperio Group LLC, Jane Street Group LLC, Eqis Capital Management Inc., Advisor Group Holdings Inc., Aigen Investment Management LP, and Altium Wealth Management LLC.

How do I buy shares of Line?

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.

What is Line's stock price today?

One share of LN stock can currently be purchased for approximately $49.66.

How big of a company is Line?

Line has a market capitalization of $11.96 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 3,085 workers across the globe.

What is Line's official website?

The official website for Line is www.linecorp.com.

How can I contact Line?

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff