Lineage (LINE) Expected to Announce Earnings on Wednesday

Lineage (NASDAQ:LINE) is expected to be releasing its Q1 2025 earnings data before the market opens on Wednesday, April 30th. Analysts expect Lineage to post earnings of $0.82 per share and revenue of $1.34 billion for the quarter.

Lineage Stock Performance

Shares of LINE stock opened at $55.68 on Tuesday. The stock has a 50-day simple moving average of $56.97 and a 200 day simple moving average of $61.00. Lineage has a fifty-two week low of $46.63 and a fifty-two week high of $89.85. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 0.62.

Lineage Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, March 31st were paid a dividend of $0.5275 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.11 annualized dividend and a yield of 3.79%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on LINE. Barclays began coverage on Lineage in a research note on Wednesday, April 9th. They set an “overweight” rating and a $59.00 target price for the company. Citigroup initiated coverage on Lineage in a research note on Friday, March 28th. They set a “neutral” rating and a $64.00 target price for the company. The Goldman Sachs Group decreased their price target on Lineage from $89.00 to $77.00 and set a “buy” rating for the company in a research report on Friday, January 17th. Royal Bank of Canada decreased their price target on Lineage from $81.00 to $74.00 and set an “outperform” rating for the company in a research report on Thursday, March 6th. Finally, Morgan Stanley decreased their price target on Lineage from $80.00 to $75.00 and set an “overweight” rating for the company in a research report on Tuesday, April 1st. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Lineage currently has an average rating of “Moderate Buy” and a consensus price target of $77.63.

Insider Activity at Lineage

In other Lineage news, Chairman Adam Matthew Schwartz Forste bought 24,317 shares of the stock in a transaction on Friday, February 28th. The shares were purchased at an average cost of $60.50 per share, with a total value of $1,471,178.50. Following the completion of the transaction, the chairman now directly owns 24,317 shares of the company’s stock, valued at $1,471,178.50. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by insiders.

Lineage Company Profile

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.