NYSE:LNLine Stock Price, Forecast & News

Line's stock was trading at $50.32 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LN stock has increased by 2.5% and is now trading at $51.60. 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) issued its quarterly earnings data on Tuesday, April, 28th. The technology company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by $0.19. The technology company had revenue of $543.76 million for 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.

Headlines about LN stock have been trending somewhat positive on Friday, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Line earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate 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), GDS (GDS), FactSet Research Systems (FDS), Livongo Health (LVGO), Weibo (WB), 58.com (WUBA), 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 initial public offering on Thursday, July 14th 2016. The company issued 35,000,000 shares at a price of $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 $51.60.

Line has a market capitalization of $12.43 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]