Lineage（LINE）株式概要リネージュ・インクは、北米、欧州、アジア太平洋の各国に約8,800万平方フィート、約31億立方フィートの倉庫を有し、戦略的に配置された500を超える施設のネットワークを持つ世界最大のグローバル定温倉庫REITである。 詳細LINE ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金3/6報酬当社が推定した公正価値より32.1%で取引されている 同業他社や業界と比較して、良好な取引価格 リスク分析現在は利益が出ておらず、今後3年間で利益が出る見込みはない 5.36%の配当は利益で十分にカバーされていない すべてのリスクチェックを見るLINE Community Fair Values Create NarrativeSee what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN1.7% undervaluedAnalystConsensusTarget•4mo agoFresh And Frozen Food Demand And Productivity Gains Will Support Long Term Upside5102AN24.3% overvaluedAnalystLowTarget•3mo agoCold Storage Oversupply And Rising Debt Costs Will Shape A Cautious But Stable Future800AN33.7% undervaluedAnalystHighTarget•5mo agoCold Storage Normalization And Productivity Gains Will Drive Strong Long Term Earnings Turnaround1100Top Analyst NarrativesAN1.7% undervaluedAnalystConsensusTarget•4mo agoFresh And Frozen Food Demand And Productivity Gains Will Support Long Term Upside5102AN24.3% overvaluedAnalystLowTarget•3mo agoCold Storage Oversupply And Rising Debt Costs Will Shape A Cautious But Stable Future800AN33.7% undervaluedAnalystHighTarget•5mo agoCold Storage Normalization And Productivity Gains Will Drive Strong Long Term Earnings Turnaround1100View all narrativesLineage, Inc. 競合他社EastGroup PropertiesSymbol: NYSE:EGPMarket cap: US$10.9bFirst Industrial Realty TrustSymbol: NYSE:FRMarket cap: US$8.4bRexford Industrial RealtySymbol: NYSE:REXRMarket cap: US$8.1bSTAG IndustrialSymbol: NYSE:STAGMarket cap: US$7.3b価格と性能株価の高値、安値、推移の概要Lineage過去の株価現在の株価US$39.7652週高値US$48.0252週安値US$31.33ベータ01ヶ月の変化5.66%3ヶ月変化1.95%1年変化-12.56%3年間の変化n/a5年間の変化n/aIPOからの変化-50.78%最新ニュースSeeking Alpha • May 11Lineage: Robots Could Add $30 Per ShareSummary Lineage, the largest cold storage REIT, currently trades at 25% above recent lows, but 50% below the 2024 IPO price. With 24,000 employees, headcount intensity is 20-100x that of typical industrial REITs. Adoption of humanoid robots as the next step in LINE's automation strategy could dramatically reduce headcount and improve financial results. A base case impact assessment estimates a $500 million annual expense reduction, which could add $30 per share to valuation. Read the full article on Seeking Alphaライブニュース • May 11Lineage Mixed Q1 Results Spotlight Cost Cuts Dividend Boost and Technology RolloutLineage reported mixed Q1 2026 results, with funds from operations at $0.78 per share above expectations and revenue of $1.3b slightly below estimates. The company reaffirmed full-year 2026 EBITDA guidance of $1.25b to $1.30b and raised its quarterly dividend by 1% to an annualized $2.13 per share. Management is pursuing a portfolio review that could include asset sales and joint ventures, targeting a $50m cut in administrative and indirect costs by 2027, while continuing to roll out its LinOS warehouse automation technology. The key tension here is between a pressured operating backdrop, including roughly 10% oversupply in cold storage capacity and trade-related headwinds, and management’s focus on cost cuts, pricing gains and technology-driven efficiencies. Investors may want to watch how occupancy trends, pricing on renewed contracts and any announced asset sales track against the stated cost-reduction and EBITDA goals, especially given the current GAAP net loss and higher depreciation and interest expenses.Reported Earnings • May 06First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: US$0.20 loss per share (down from US$0.009 profit in 1Q 2025). Revenue: US$1.30b (flat on 1Q 2025). Net loss: US$46.0m (down US$48.0m from profit in 1Q 2025). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 6.8%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrial REITs industry in the US.お知らせ • Apr 25Lineage, Inc., Annual General Meeting, Jun 09, 2026Lineage, Inc., Annual General Meeting, Jun 09, 2026.お知らせ • Apr 10Lineage, Inc. Announces Executive ChangesLineage, Inc. announced the planned retirement of its Chief Information Officer and Chief Transformation Officer, Sudarsan Thattai. The Company will implement a phased transition to maintain momentum across mission-critical initiatives and provide a smooth and well-supported leadership handoff. Thattai will continue his role as Chief Transformation Officer (CTO) and remain with Lineage through the subsequent transition period until his planned retirement in April 2027. As part of this transition, day-to-day leadership of Lineage’s global IT and Technology organization will transition to Chris Johnson (CJ), Vice President of Technology Projects, while Thattai focuses on high-impact, future-oriented IT priorities. Thattai joined Lineage in 2013 and created the foundation for IT and innovation capabilities, leading the development and implementation of pivotal technology, such as LinOS, Lineage’s proprietary warehouse execution technology. Prior to joining Lineage, Thattai served as a senior technology leader at UTi Worldwide.お知らせ • Apr 03Lineage, Inc. to Report Q1, 2026 Results on May 06, 2026Lineage, Inc. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026最新情報をもっと見るRecent updatesSeeking Alpha • May 11Lineage: Robots Could Add $30 Per ShareSummary Lineage, the largest cold storage REIT, currently trades at 25% above recent lows, but 50% below the 2024 IPO price. With 24,000 employees, headcount intensity is 20-100x that of typical industrial REITs. Adoption of humanoid robots as the next step in LINE's automation strategy could dramatically reduce headcount and improve financial results. A base case impact assessment estimates a $500 million annual expense reduction, which could add $30 per share to valuation. Read the full article on Seeking Alphaライブニュース • May 11Lineage Mixed Q1 Results Spotlight Cost Cuts Dividend Boost and Technology RolloutLineage reported mixed Q1 2026 results, with funds from operations at $0.78 per share above expectations and revenue of $1.3b slightly below estimates. The company reaffirmed full-year 2026 EBITDA guidance of $1.25b to $1.30b and raised its quarterly dividend by 1% to an annualized $2.13 per share. Management is pursuing a portfolio review that could include asset sales and joint ventures, targeting a $50m cut in administrative and indirect costs by 2027, while continuing to roll out its LinOS warehouse automation technology. The key tension here is between a pressured operating backdrop, including roughly 10% oversupply in cold storage capacity and trade-related headwinds, and management’s focus on cost cuts, pricing gains and technology-driven efficiencies. Investors may want to watch how occupancy trends, pricing on renewed contracts and any announced asset sales track against the stated cost-reduction and EBITDA goals, especially given the current GAAP net loss and higher depreciation and interest expenses.Reported Earnings • May 06First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: US$0.20 loss per share (down from US$0.009 profit in 1Q 2025). Revenue: US$1.30b (flat on 1Q 2025). Net loss: US$46.0m (down US$48.0m from profit in 1Q 2025). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 6.8%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrial REITs industry in the US.お知らせ • Apr 25Lineage, Inc., Annual General Meeting, Jun 09, 2026Lineage, Inc., Annual General Meeting, Jun 09, 2026.お知らせ • Apr 10Lineage, Inc. Announces Executive ChangesLineage, Inc. announced the planned retirement of its Chief Information Officer and Chief Transformation Officer, Sudarsan Thattai. The Company will implement a phased transition to maintain momentum across mission-critical initiatives and provide a smooth and well-supported leadership handoff. Thattai will continue his role as Chief Transformation Officer (CTO) and remain with Lineage through the subsequent transition period until his planned retirement in April 2027. As part of this transition, day-to-day leadership of Lineage’s global IT and Technology organization will transition to Chris Johnson (CJ), Vice President of Technology Projects, while Thattai focuses on high-impact, future-oriented IT priorities. Thattai joined Lineage in 2013 and created the foundation for IT and innovation capabilities, leading the development and implementation of pivotal technology, such as LinOS, Lineage’s proprietary warehouse execution technology. Prior to joining Lineage, Thattai served as a senior technology leader at UTi Worldwide.お知らせ • Apr 03Lineage, Inc. to Report Q1, 2026 Results on May 06, 2026Lineage, Inc. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026Declared Dividend • Mar 18Fourth quarter dividend increased to US$0.53Dividend of US$0.53 is 0.9% higher than last year. Ex-date: 31st March 2026 Payment date: 21st April 2026 Dividend yield will be 5.6%, which is higher than the industry average of 2.9%.お知らせ • Mar 14Lineage, Inc. Declares Cash Dividend for the First Quarter of 2026, Payable on April 21, 2026Lineage, Inc. announced that its Board of Directors has declared a cash dividend of $0.5325 per share for the first quarter of 2026. The annualized dividend rate of $2.13 per share represents a 1% increase over the annualized dividend rate of $2.11 per share from the fourth quarter of 2025. The dividend will be paid on April 21, 2026, to shareholders of record of the Company's common stock as of the close of business on March 31, 2026.Major Estimate Revision • Mar 08Consensus EPS estimates upgraded to US$0.54 lossThe consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -US$0.605 to -US$0.54 per share. Revenue forecast steady at US$5.42b. Industrial REITs industry in the US expected to see average net income decline 9.6% next year. Consensus price target up from US$40.00 to US$41.22. Share price fell 2.5% to US$39.50 over the past week.Reported Earnings • Feb 26Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: US$0.44 loss per share (improved from US$3.70 loss in FY 2024). Revenue: US$5.36b (flat on FY 2024). Net loss: US$100.0m (loss narrowed 86% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrial REITs industry in the US.お知らせ • Jan 17Lineage, Inc. to Report Q4, 2025 Results on Feb 25, 2026Lineage, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 25, 2026Declared Dividend • Dec 22Third quarter dividend of US$0.53 announcedDividend of US$0.53 is the same as last year. Ex-date: 31st December 2025 Payment date: 21st January 2026 Dividend yield will be 6.2%, which is higher than the industry average of 2.9%.お知らせ • Dec 19Lineage, Inc. Declares Dividend for Fourth Quarter 2025, Payable on January 21, 2026Lineage, Inc. announced that its Board of Directors has declared a cash dividend of $0.5275 per share for the fourth quarter of 2025. The dividend will be paid on January 21, 2026, to shareholders of record of the Company's common stock as of the close of business on December 31, 2025.Major Estimate Revision • Nov 16Consensus EPS estimates fall from profit to US$0.63 lossThe consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -US$0.63 instead of US$0.045 per share profit previously forecast. Revenue forecast unchanged at US$5.40b Industrial REITs industry in the US expected to see average net income decline 12% next year. Consensus price target down from US$46.00 to US$45.06. Share price fell 3.5% to US$33.41 over the past week.Recent Insider Transactions • Nov 14Co-Founder & Co-Executive Chairman recently bought US$2.5m worth of stockOn the 10th of November, Adam Forste bought around 74k shares on-market at roughly US$33.83 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Adam has been a buyer over the last 12 months, purchasing a net total of US$4.5m worth in shares.Breakeven Date Change • Nov 10No longer forecast to breakevenThe 10 analysts covering Lineage no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$9.55m in 2027. New consensus forecast suggests the company will make a loss of US$20.0m in 2027.Reported Earnings • Nov 06Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: US$0.048 FFO loss per share (improved from US$2.56 loss in 3Q 2024). Revenue: US$1.38b (up 3.1% from 3Q 2024). Funds from operations (FFO) loss: US$11.0m (loss narrowed 98% from 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Industrial REITs industry in the US.Breakeven Date Change • Nov 06The 9 analysts covering Lineage previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 73% per year to 2026. The company is expected to make a profit of US$43.2m in 2027. Average annual earnings growth of 58% is required to achieve expected profit on schedule.お知らせ • Oct 21Lineage, Inc. Appoints Robb Lemasters as Chief Financial Officer, Effective November 10, 2025Lineage, Inc. announced the appointment of Robb LeMasters as Chief Financial Officer, effective November 10, 2025. LeMasters will succeed Rob Crisci, who previously announced his intent to retire and will remain with the company in an advisory role through a transition period. LeMasters brings to Lineage more than two decades of finance and executive leadership experience, with a record of driving disciplined growth, capital efficiency, and shareholder value across complex, capital-intensive businesses. Most recently, he served as Chief Financial Officer of BWX Technologies, Inc. (NYSE: BWXT), where he helped guide the company’s financial strategy and expansion within the energy and industrial sectors. Prior to BWXT, LeMasters was a Managing Director at Blue Harbour Group, a public markets focused investment firm which concentrated on driving long-term value creation, and held senior roles at Theleme Partners, The Children’s Investment Fund, and Highbridge Capital Management. He began his career as an analyst at Morgan Stanley in the mergers and acquisitions group and subsequently joined Forstmann Little & Co. as a private equity analyst. LeMasters earned a bachelor’s degree from the Wharton School at the University of Pennsylvania and a Master of Business Administration from the Harvard Business School.お知らせ • Oct 02Lineage, Inc. to Report Q3, 2025 Results on Nov 05, 2025Lineage, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 05, 2025Declared Dividend • Sep 15Second quarter dividend of US$0.53 announcedShareholders will receive a dividend of US$0.53. Ex-date: 30th September 2025 Payment date: 21st October 2025 Dividend yield will be 5.0%, which is higher than the industry average of 2.9%.Major Estimate Revision • Sep 14Consensus EPS estimates increase from loss to US$0.12 profitThe consensus outlook for fiscal year 2025 has been updated. 2025 forecast for profit of -US$0.04 instead of a loss of US$0.12 per share previously. Revenue forecast unchanged at US$5.44b. Industrial REITs industry in the US expected to see average net income decline 13% next year. Consensus price target down from US$50.06 to US$49.00. Share price rose 3.0% to US$41.79 over the past week.お知らせ • Sep 12Lineage, Inc. Declares Dividend for Third Quarter 2025, Payable on October 21, 2025Lineage, Inc. announced that its Board of Directors has declared a cash dividend of $0.5275 per share for the third quarter of 2025. The dividend will be paid on October 21, 2025, to shareholders of record of the Company's common stock as of the close of business on September 30, 2025.Recent Insider Transactions • Aug 21Co-Founder & Co-Executive Chairman recently bought US$499k worth of stockOn the 19th of August, Kevin Marchetti bought around 12k shares on-market at roughly US$40.44 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$995k. Kevin has been a buyer over the last 12 months, purchasing a net total of US$3.5m worth in shares.Recent Insider Transactions • Aug 12Co-Founder & Co-Executive Chairman recently bought US$995k worth of stockOn the 8th of August, Kevin Marchetti bought around 24k shares on-market at roughly US$42.28 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kevin has been a buyer over the last 12 months, purchasing a net total of US$3.0m worth in shares.Breakeven Date Change • Aug 07Forecast breakeven date pushed back to 2027The 11 analysts covering Lineage previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 77% per year to 2026. The company is expected to make a profit of US$23.7m in 2027. Average annual earnings growth of 98% is required to achieve expected profit on schedule.Reported Earnings • Aug 06Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: US$0.026 loss per share (improved from US$0.46 loss in 2Q 2024). Revenue: US$1.35b (flat on 2Q 2024). Net loss: US$6.00m (loss narrowed 92% from 2Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Industrial REITs industry in the US.Breakeven Date Change • Aug 05Forecast breakeven date moved forward to 2025The 11 analysts covering Lineage previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of US$28.6m in 2025. Earnings growth of 102% is required to achieve expected profit on schedule.お知らせ • Aug 04Robbins Geller Announces Securities Class Action Lawsuit against Lineage, Inc. over Misleading IPO DisclosuresThe law firm of Robbins Geller Rudman & Dowd LLP announced that purchasers of Lineage, Inc. common stock in or traceable to the registration statement used in connection with Lineage's July 2024 initial public offering ("IPO"), have until September 30, 2025 to seek appointment as lead plaintiff of the Lineage class action lawsuit. Captioned City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., No. 25-cv-12383 (E.D. Mich.), the Lineage class action lawsuit charges Lineage and certain of its top executives, directors, IPO underwriters, and IPO sponsor with violations of the Securities Act of 1933. CASE ALLEGATIONS: Lineage is a Maryland REIT focused on temperature-controlled cold-storage facilities. In the July 2024 IPO, Lineage sold over 65 million shares of Lineage common stock to investors at $78 per share, raising more than $5 billion in gross offering proceeds. The Lineage class action lawsuit alleges that the registration statement was false and/or misleading and/or failed to disclose that: (i) Lineage was then experiencing sustained weakening in customer demand, as additional cold-storage supply had come on line, Lineage's customers destocked a glut of excessive inventory built up during the COVID-19 pandemic, and Lineage's customers shifted to maintaining leaner cold-storage inventories on a go-forward basis in response to changed consumer trends; (ii) Lineage had implemented price increases in the lead-up to the IPO that could not be sustained in light of the weakening demand environment facing Lineage; (iii) Lineage was unable to effectively counteract the adverse trends listed above through the use of minimum storage guarantees or as a result of operational efficiencies, technological improvements, or its purported competitive advantages; (iv) as a result, rather than enjoying stable revenue growth, high occupancy rates, and steady rent escalation as represented in the registration statement, Lineage was in fact suffering from stagnant or falling revenue, occupancy rates, and rent prices; and (v) consequently, Lineage's financial results, business operations, and prospects were materially impaired.お知らせ • Jul 01Lineage, Inc. to Report Q2, 2025 Results on Aug 06, 2025Lineage, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025Breakeven Date Change • Jun 25Forecast breakeven date moved forward to 2026The 11 analysts covering Lineage previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of US$16.3m in 2026. Average annual earnings growth of 108% is required to achieve expected profit on schedule.お知らせ • Jun 24Lineage, Inc. announces Quarterly dividend, payable on July 21, 2025Lineage, Inc. announced Quarterly dividend of USD 0.5275 per share payable on July 21, 2025, ex-date on June 30, 2025 and record date on June 30, 2025.お知らせ • Jun 04Lineage, Inc. Announces Retirement of Rob Crisci as Chief Financial OfficerLineage, Inc. announced the planned retirement of its Chief Financial Officer, Rob Crisci. The Company has started the process of identifying a successor for the position with the assistance of a leading executive search firm. Crisci will continue as CFO until a successor is in place and will remain with Lineage through a subsequent transition period. Crisci joined Lineage in April 2023 in advance of the Company’s initial public offering, which launched in July 2024. Prior to joining Lineage, Crisci was a senior executive at Roper Technologies for a decade, including six years as their Chief Financial Officer.お知らせ • May 06Lineage, Inc. (NasdaqGS:LINE) acquired Permanor As from Skogland family.Lineage, Inc. (NasdaqGS:LINE) acquired Permanor As from Skogland family on May 6, 2025. Seven Lakes Partners, LLC acted as financial advisor for Lineage, Inc. Lineage, Inc. (NasdaqGS:LINE) completed the acquisition of Permanor As from Skogland family on May 6, 2025.Reported Earnings • May 01First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: FFO per share: US$0.4 (up from US$0.24 in 1Q 2024). Revenue: US$1.29b (down 2.7% from 1Q 2024). Funds from operations (FFO): US$87.0m (up 123% from 1Q 2024). FFO margin: 6.7% (up from 2.9% in 1Q 2024). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Industrial REITs industry in the US.Breakeven Date Change • Apr 30The 10 analysts covering Lineage previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 95% to 2025. The company is expected to make a profit of US$45.6m in 2026. Average annual earnings growth of 56% is required to achieve expected profit on schedule.お知らせ • Apr 29Lineage, Inc., Annual General Meeting, Jun 18, 2025Lineage, Inc., Annual General Meeting, Jun 18, 2025.Breakeven Date Change • Apr 15Forecast breakeven date pushed back to 2026The 11 analysts covering Lineage previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 100% to 2025. The company is expected to make a profit of US$72.6m in 2026. Average annual earnings growth of 100% is required to achieve expected profit on schedule.Major Estimate Revision • Apr 03Consensus EPS estimates upgraded to US$0.16 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.18 to -US$0.16 per share. Revenue forecast steady at US$5.53b. Industrial REITs industry in the US expected to see average net income decline 15% next year. Consensus price target broadly unchanged at US$70.72. Share price fell 5.9% to US$56.36 over the past week.お知らせ • Apr 03Lineage, Inc. to Report Q1, 2025 Results on Apr 30, 2025Lineage, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 30, 2025お知らせ • Apr 02Lineage, Inc. (NasdaqGS:LINE) completed the acquisition of Bellingham Cold Storage Co., LLC.Lineage, Inc. (NasdaqGS:LINE) signed an agreement to acquire Bellingham Cold Storage Co., LLC on March 4, 2025. The transaction is subject to approval by Port of Bellingham. The sale is expected to close by June 2025. Lineage, Inc. (NasdaqGS:LINE) completed the acquisition of Bellingham Cold Storage Co., LLC on April 1, 2025.Breakeven Date Change • Apr 01Forecast breakeven date pushed back to 2026The 11 analysts covering Lineage previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 99% to 2025. The company is expected to make a profit of US$53.4m in 2026. Average annual earnings growth of 105% is required to achieve expected profit on schedule.Seeking Alpha • Mar 31Lineage, Inc.'s Stock Might Be Cold But Fundamentals Have PotentialSummary Lineage, Inc. has significant growth potential through market share gains, margin expansion, and occupancy growth, despite current oversupply and inventory challenges. The cold storage industry benefits from rising global food demand and increased use of temperature-controlled logistics, although recent overbuilding has led to oversupply. LINE's growth prospects include occupancy recovery, margin improvement through automation and proprietary software, and accretive consolidation of smaller competitors. While LINE's long-term outlook is promising, I remain neutral until there is more clarity on operating initiatives and the impact of pre-IPO share lock-up expirations. Read the full article on Seeking AlphaUpcoming Dividend • Mar 24Upcoming dividend of US$0.53 per shareEligible shareholders must have bought the stock before 31 March 2025. Payment date: 21 April 2025. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.7%). In line with average of industry peers (3.8%).お知らせ • Mar 20Lineage, Inc. Declares Cash Dividend for the First Quarter of 2025, Payable on April 21, 2025Lineage, Inc. announced that its Board of Directors has declared a cash dividend of $0.5275 per share for the first quarter of 2025. The dividend will be paid on April 21, 2025, to shareholders of record of the Company's common stock as of the close of business on March 31, 2025.Breakeven Date Change • Mar 09Forecast breakeven date moved forward to 2025The 12 analysts covering Lineage previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of US$21.1m in 2025. Earnings growth of 94% is required to achieve expected profit on schedule.Recent Insider Transactions • Mar 04Co-Founder & Co-Executive Chairman recently bought US$1.5m worth of stockOn the 28th of February, Adam Forste bought around 24k shares on-market at roughly US$60.50 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Adam's only on-market trade for the last 12 months.Breakeven Date Change • Feb 27Forecast breakeven date pushed back to 2026The 11 analysts covering Lineage previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 98% to 2025. The company is expected to make a profit of US$110.5m in 2026. Average annual earnings growth of 93% is required to achieve expected profit on schedule.Reported Earnings • Feb 26Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: US$3.48 loss per share (further deteriorated from US$0.72 loss in FY 2023). Revenue: US$5.34b (flat on FY 2023). Net loss: US$664.0m (loss widened 466% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Industrial REITs industry in the US.お知らせ • Feb 26Lineage, Inc. Reports Impairment for Three Months Ended December 31, 2024Lineage, Inc. reported impairment for three months ended December 31, 2024. The Impairment of intangible assets is $63 million against $7 million a year ago.Seeking Alpha • Feb 06Lineage: Leaving Investors In The ColdSummary Lineage, Inc. went public at a high valuation, but shares have since dropped significantly in a short period of time. Lineage's cold storage solutions should be in great demand in the long haul, but 2024 results have been soft. Despite a solid dividend yield and ongoing acquisitions, Lineage's growth is lackluster, and its valuation remains demanding. While LINE shares have become more appealing post-selloff, I remain cautious due to high valuations and limited near-term growth prospects. Read the full article on Seeking Alphaお知らせ • Jan 21Lineage, Inc. to Report Q4, 2024 Results on Feb 26, 2025Lineage, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 26, 2025Upcoming Dividend • Dec 24Upcoming dividend of US$0.53 per shareEligible shareholders must have bought the stock before 31 December 2024. Payment date: 21 January 2025. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.9%).お知らせ • Dec 14Lineage, Inc. Appoints Sean Vanderelzen as President – Europe and Chief Human Resources Officer, Effective from January 1, 2025On December 10, 2024, Lineage, Inc. and Sean Vanderelzen, the Company’s Chief Human Resources Officer, agreed that commencing on January 1, 2025, Mr. Vanderelzen will serve as the Company’s President – Europe and Chief Human Resources Officer.お知らせ • Dec 11Lineage, Inc. Declares Dividend for Fourth Quarter 2024, Payable on January 21, 2025Lineage, Inc. announced that its Board of Directors has declared a cash dividend of $0.5275 per share for the fourth quarter of 2024. The dividend will be paid on January 21, 2025, to shareholders of record of the Company’s common stock as of the close of business on December 31, 2024.Seeking Alpha • Nov 17An Ice Cold Hold: LineageSummary Lineage, Inc., a new REIT specializing in cold storage, has seen a 23% drop in share prices since its IPO this summer. Despite solid business fundamentals and a promising market position, the current valuation isn't compelling enough, leading to a Hold rating. The company's recent moves, including debt reduction and acquisition of ColdPoint Logistics, have strengthened its financial standing. While the long-term outlook is positive with expected steady growth, the current yield of 3.3% isn't attractive compared to short-term rates. Read the full article on Seeking AlphaMajor Estimate Revision • Nov 13Consensus EPS estimates fall by 31%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$2.19 to -US$2.87 per share. Revenue forecast unchanged at US$5.35b. Industrial REITs industry in the US expected to see average net income growth of 2.4% next year. Consensus price target down from US$93.87 to US$89.75. Share price fell 10% to US$65.61 over the past week.Reported Earnings • Nov 07Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: US$2.57 FFO loss per share. Funds from operations (FFO) loss: US$446.0m (flat on 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 46%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Industrial REITs industry in the US.お知らせ • Oct 10Lineage, Inc. to Report Q3, 2024 Results on Nov 06, 2024Lineage, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 06, 2024Buy Or Sell Opportunity • Sep 07Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at US$81.01. The fair value is estimated to be US$104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last year. Earnings per share has declined by 130%. Revenue is forecast to grow by 3.2% in a year. Earnings are forecast to grow by 23% in the next year.Seeking Alpha • Sep 01How Hot Is Cold Storage? A First Look At LineageSummary Lineage Inc., the world's largest cold storage REIT, has a mission-critical role in the supply chain with significant industry advantages and impressive growth. Despite its compelling business model, Lineage's current valuation is high, leaving limited room for upside, making it wise to wait for a better entry price. The company boasts a diversified customer base, automation investments, and potential future dividends, enhancing its attractiveness for long-term investors. Investing in new public companies like Lineage can be challenging due to limited data and often lofty valuations, so monitoring for a more attractive price is recommended. Read the full article on Seeking AlphaSeeking Alpha • Aug 26Lineage: Interesting High-Tech REIT At A Nosebleed ValuationSummary Lineage, Inc., a high-tech cold-storage REIT, had a successful IPO with strong investor demand, but its current valuation appears overly expensive. The company leverages advanced data science and AI to optimize operations, positioning itself as a leader in a resilient and growing industry. Despite its innovative approach and growth potential, Lineage's high valuation and significant debt burden raise concerns about its future performance. Read the full article on Seeking AlphaReported Earnings • Aug 25Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: US$0.46 loss per share. Net loss: US$74.0m (flat on 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Industrial REITs industry in the US.Buy Or Sell Opportunity • Aug 22Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at US$84.42. The fair value is estimated to be US$106, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last year. Earnings per share has declined by 85%. Revenue is forecast to grow by 1.8% in a year. Earnings are forecast to decline by 53% in the next year.Seeking Alpha • Aug 02Lineage: Industry Leader Starting At A PremiumSummary Lineage aims to transform the global food supply chain with 482 warehouses, focusing on quality and sustainability. Lineage's successful public offering saw shares sold above the midpoint of the range, having seen some 10% returns ever since in volatile market conditions. Valuation of Lineage post-IPO is demanding, with high multiples on sales and adjusted FFO, making near to medium term risk-reward unattractive. Read the full article on Seeking Alphaお知らせ • Jul 26Lineage, Inc. has completed an IPO in the amount of $4.4368 billion.Lineage, Inc. has completed an IPO in the amount of $4.4368 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 56,882,051 Price\Range: $78 Discount Per Security: $2.925 Security Features: Income Trust Transaction Features: Reserved Share Offeringお知らせ • Jul 25Lineage, Inc. has completed an IPO in the amount of $4.4368 billion.Lineage, Inc. has completed an IPO in the amount of $4.4368 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 56,882,051 Price\Range: $78 Security Features: Income Trust Transaction Features: Reserved Share Offering株主還元LINEUS Industrial REITsUS 市場7D-0.1%-1.1%-1.0%1Y-12.6%20.6%23.3%株主還元を見る業界別リターン: LINE過去 1 年間で20.6 % の収益を上げたUS Industrial REITs業界を下回りました。リターン対市場: LINEは、過去 1 年間で23.3 % のリターンを上げたUS市場を下回りました。価格変動Is LINE's price volatile compared to industry and market?LINE volatilityLINE Average Weekly Movement6.0%Industrial REITs Industry Average Movement3.0%Market Average Movement7.2%10% most volatile stocks in US Market16.2%10% least volatile stocks in US Market3.2%安定した株価: LINE 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: LINEの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト201524,000Greg Lehmkuhlwww.onelineage.com/リネージュは、北米、欧州、アジア太平洋地域に合計約8,800万平方フィート、約31億立方フィートの倉庫を500カ所以上保有する世界最大のグローバル定温倉庫リートです。リネージは、エンド・ツー・エンドのサプライチェーン・ソリューションとテクノロジーを組み合わせ、世界最大級の食品・飲料メーカー、小売業者、流通業者と提携し、流通効率の向上、持続可能性の推進、サプライチェーンの無駄の最小化、そして最も重要なことである世界への食糧供給を支援しています。Lineage, Inc.は2015年に法人化され、米国ノバイを拠点としています。もっと見るLineage, Inc. 基礎のまとめLineage の収益と売上を時価総額と比較するとどうか。LINE 基礎統計学時価総額US$9.69b収益（TTM）-US$141.00m売上高(TTM)US$5.36b1.7xP/Sレシオ-64.2xPER（株価収益率LINE は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計LINE 損益計算書（TTM）収益US$5.36b売上原価US$3.64b売上総利益US$1.72bその他の費用US$1.87b収益-US$141.00m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.62グロス・マージン32.16%純利益率-2.63%有利子負債／自己資本比率74.2%LINE の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.4%現在の配当利回り256%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 02:50終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Lineage, Inc. 11 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25 アナリスト機関Brendan LynchBarclaysNathan CrossettBNP ParibasSamir KhanalBofA Global Research22 その他のアナリストを表示
Seeking Alpha • May 11Lineage: Robots Could Add $30 Per ShareSummary Lineage, the largest cold storage REIT, currently trades at 25% above recent lows, but 50% below the 2024 IPO price. With 24,000 employees, headcount intensity is 20-100x that of typical industrial REITs. Adoption of humanoid robots as the next step in LINE's automation strategy could dramatically reduce headcount and improve financial results. A base case impact assessment estimates a $500 million annual expense reduction, which could add $30 per share to valuation. Read the full article on Seeking Alpha
ライブニュース • May 11Lineage Mixed Q1 Results Spotlight Cost Cuts Dividend Boost and Technology RolloutLineage reported mixed Q1 2026 results, with funds from operations at $0.78 per share above expectations and revenue of $1.3b slightly below estimates. The company reaffirmed full-year 2026 EBITDA guidance of $1.25b to $1.30b and raised its quarterly dividend by 1% to an annualized $2.13 per share. Management is pursuing a portfolio review that could include asset sales and joint ventures, targeting a $50m cut in administrative and indirect costs by 2027, while continuing to roll out its LinOS warehouse automation technology. The key tension here is between a pressured operating backdrop, including roughly 10% oversupply in cold storage capacity and trade-related headwinds, and management’s focus on cost cuts, pricing gains and technology-driven efficiencies. Investors may want to watch how occupancy trends, pricing on renewed contracts and any announced asset sales track against the stated cost-reduction and EBITDA goals, especially given the current GAAP net loss and higher depreciation and interest expenses.
Reported Earnings • May 06First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: US$0.20 loss per share (down from US$0.009 profit in 1Q 2025). Revenue: US$1.30b (flat on 1Q 2025). Net loss: US$46.0m (down US$48.0m from profit in 1Q 2025). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 6.8%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrial REITs industry in the US.
お知らせ • Apr 25Lineage, Inc., Annual General Meeting, Jun 09, 2026Lineage, Inc., Annual General Meeting, Jun 09, 2026.
お知らせ • Apr 10Lineage, Inc. Announces Executive ChangesLineage, Inc. announced the planned retirement of its Chief Information Officer and Chief Transformation Officer, Sudarsan Thattai. The Company will implement a phased transition to maintain momentum across mission-critical initiatives and provide a smooth and well-supported leadership handoff. Thattai will continue his role as Chief Transformation Officer (CTO) and remain with Lineage through the subsequent transition period until his planned retirement in April 2027. As part of this transition, day-to-day leadership of Lineage’s global IT and Technology organization will transition to Chris Johnson (CJ), Vice President of Technology Projects, while Thattai focuses on high-impact, future-oriented IT priorities. Thattai joined Lineage in 2013 and created the foundation for IT and innovation capabilities, leading the development and implementation of pivotal technology, such as LinOS, Lineage’s proprietary warehouse execution technology. Prior to joining Lineage, Thattai served as a senior technology leader at UTi Worldwide.
お知らせ • Apr 03Lineage, Inc. to Report Q1, 2026 Results on May 06, 2026Lineage, Inc. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026
Seeking Alpha • May 11Lineage: Robots Could Add $30 Per ShareSummary Lineage, the largest cold storage REIT, currently trades at 25% above recent lows, but 50% below the 2024 IPO price. With 24,000 employees, headcount intensity is 20-100x that of typical industrial REITs. Adoption of humanoid robots as the next step in LINE's automation strategy could dramatically reduce headcount and improve financial results. A base case impact assessment estimates a $500 million annual expense reduction, which could add $30 per share to valuation. Read the full article on Seeking Alpha
ライブニュース • May 11Lineage Mixed Q1 Results Spotlight Cost Cuts Dividend Boost and Technology RolloutLineage reported mixed Q1 2026 results, with funds from operations at $0.78 per share above expectations and revenue of $1.3b slightly below estimates. The company reaffirmed full-year 2026 EBITDA guidance of $1.25b to $1.30b and raised its quarterly dividend by 1% to an annualized $2.13 per share. Management is pursuing a portfolio review that could include asset sales and joint ventures, targeting a $50m cut in administrative and indirect costs by 2027, while continuing to roll out its LinOS warehouse automation technology. The key tension here is between a pressured operating backdrop, including roughly 10% oversupply in cold storage capacity and trade-related headwinds, and management’s focus on cost cuts, pricing gains and technology-driven efficiencies. Investors may want to watch how occupancy trends, pricing on renewed contracts and any announced asset sales track against the stated cost-reduction and EBITDA goals, especially given the current GAAP net loss and higher depreciation and interest expenses.
Reported Earnings • May 06First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: US$0.20 loss per share (down from US$0.009 profit in 1Q 2025). Revenue: US$1.30b (flat on 1Q 2025). Net loss: US$46.0m (down US$48.0m from profit in 1Q 2025). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 6.8%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrial REITs industry in the US.
お知らせ • Apr 25Lineage, Inc., Annual General Meeting, Jun 09, 2026Lineage, Inc., Annual General Meeting, Jun 09, 2026.
お知らせ • Apr 10Lineage, Inc. Announces Executive ChangesLineage, Inc. announced the planned retirement of its Chief Information Officer and Chief Transformation Officer, Sudarsan Thattai. The Company will implement a phased transition to maintain momentum across mission-critical initiatives and provide a smooth and well-supported leadership handoff. Thattai will continue his role as Chief Transformation Officer (CTO) and remain with Lineage through the subsequent transition period until his planned retirement in April 2027. As part of this transition, day-to-day leadership of Lineage’s global IT and Technology organization will transition to Chris Johnson (CJ), Vice President of Technology Projects, while Thattai focuses on high-impact, future-oriented IT priorities. Thattai joined Lineage in 2013 and created the foundation for IT and innovation capabilities, leading the development and implementation of pivotal technology, such as LinOS, Lineage’s proprietary warehouse execution technology. Prior to joining Lineage, Thattai served as a senior technology leader at UTi Worldwide.
お知らせ • Apr 03Lineage, Inc. to Report Q1, 2026 Results on May 06, 2026Lineage, Inc. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026
Declared Dividend • Mar 18Fourth quarter dividend increased to US$0.53Dividend of US$0.53 is 0.9% higher than last year. Ex-date: 31st March 2026 Payment date: 21st April 2026 Dividend yield will be 5.6%, which is higher than the industry average of 2.9%.
お知らせ • Mar 14Lineage, Inc. Declares Cash Dividend for the First Quarter of 2026, Payable on April 21, 2026Lineage, Inc. announced that its Board of Directors has declared a cash dividend of $0.5325 per share for the first quarter of 2026. The annualized dividend rate of $2.13 per share represents a 1% increase over the annualized dividend rate of $2.11 per share from the fourth quarter of 2025. The dividend will be paid on April 21, 2026, to shareholders of record of the Company's common stock as of the close of business on March 31, 2026.
Major Estimate Revision • Mar 08Consensus EPS estimates upgraded to US$0.54 lossThe consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -US$0.605 to -US$0.54 per share. Revenue forecast steady at US$5.42b. Industrial REITs industry in the US expected to see average net income decline 9.6% next year. Consensus price target up from US$40.00 to US$41.22. Share price fell 2.5% to US$39.50 over the past week.
Reported Earnings • Feb 26Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: US$0.44 loss per share (improved from US$3.70 loss in FY 2024). Revenue: US$5.36b (flat on FY 2024). Net loss: US$100.0m (loss narrowed 86% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrial REITs industry in the US.
お知らせ • Jan 17Lineage, Inc. to Report Q4, 2025 Results on Feb 25, 2026Lineage, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 25, 2026
Declared Dividend • Dec 22Third quarter dividend of US$0.53 announcedDividend of US$0.53 is the same as last year. Ex-date: 31st December 2025 Payment date: 21st January 2026 Dividend yield will be 6.2%, which is higher than the industry average of 2.9%.
お知らせ • Dec 19Lineage, Inc. Declares Dividend for Fourth Quarter 2025, Payable on January 21, 2026Lineage, Inc. announced that its Board of Directors has declared a cash dividend of $0.5275 per share for the fourth quarter of 2025. The dividend will be paid on January 21, 2026, to shareholders of record of the Company's common stock as of the close of business on December 31, 2025.
Major Estimate Revision • Nov 16Consensus EPS estimates fall from profit to US$0.63 lossThe consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -US$0.63 instead of US$0.045 per share profit previously forecast. Revenue forecast unchanged at US$5.40b Industrial REITs industry in the US expected to see average net income decline 12% next year. Consensus price target down from US$46.00 to US$45.06. Share price fell 3.5% to US$33.41 over the past week.
Recent Insider Transactions • Nov 14Co-Founder & Co-Executive Chairman recently bought US$2.5m worth of stockOn the 10th of November, Adam Forste bought around 74k shares on-market at roughly US$33.83 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Adam has been a buyer over the last 12 months, purchasing a net total of US$4.5m worth in shares.
Breakeven Date Change • Nov 10No longer forecast to breakevenThe 10 analysts covering Lineage no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$9.55m in 2027. New consensus forecast suggests the company will make a loss of US$20.0m in 2027.
Reported Earnings • Nov 06Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: US$0.048 FFO loss per share (improved from US$2.56 loss in 3Q 2024). Revenue: US$1.38b (up 3.1% from 3Q 2024). Funds from operations (FFO) loss: US$11.0m (loss narrowed 98% from 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Industrial REITs industry in the US.
Breakeven Date Change • Nov 06The 9 analysts covering Lineage previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 73% per year to 2026. The company is expected to make a profit of US$43.2m in 2027. Average annual earnings growth of 58% is required to achieve expected profit on schedule.
お知らせ • Oct 21Lineage, Inc. Appoints Robb Lemasters as Chief Financial Officer, Effective November 10, 2025Lineage, Inc. announced the appointment of Robb LeMasters as Chief Financial Officer, effective November 10, 2025. LeMasters will succeed Rob Crisci, who previously announced his intent to retire and will remain with the company in an advisory role through a transition period. LeMasters brings to Lineage more than two decades of finance and executive leadership experience, with a record of driving disciplined growth, capital efficiency, and shareholder value across complex, capital-intensive businesses. Most recently, he served as Chief Financial Officer of BWX Technologies, Inc. (NYSE: BWXT), where he helped guide the company’s financial strategy and expansion within the energy and industrial sectors. Prior to BWXT, LeMasters was a Managing Director at Blue Harbour Group, a public markets focused investment firm which concentrated on driving long-term value creation, and held senior roles at Theleme Partners, The Children’s Investment Fund, and Highbridge Capital Management. He began his career as an analyst at Morgan Stanley in the mergers and acquisitions group and subsequently joined Forstmann Little & Co. as a private equity analyst. LeMasters earned a bachelor’s degree from the Wharton School at the University of Pennsylvania and a Master of Business Administration from the Harvard Business School.
お知らせ • Oct 02Lineage, Inc. to Report Q3, 2025 Results on Nov 05, 2025Lineage, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 05, 2025
Declared Dividend • Sep 15Second quarter dividend of US$0.53 announcedShareholders will receive a dividend of US$0.53. Ex-date: 30th September 2025 Payment date: 21st October 2025 Dividend yield will be 5.0%, which is higher than the industry average of 2.9%.
Major Estimate Revision • Sep 14Consensus EPS estimates increase from loss to US$0.12 profitThe consensus outlook for fiscal year 2025 has been updated. 2025 forecast for profit of -US$0.04 instead of a loss of US$0.12 per share previously. Revenue forecast unchanged at US$5.44b. Industrial REITs industry in the US expected to see average net income decline 13% next year. Consensus price target down from US$50.06 to US$49.00. Share price rose 3.0% to US$41.79 over the past week.
お知らせ • Sep 12Lineage, Inc. Declares Dividend for Third Quarter 2025, Payable on October 21, 2025Lineage, Inc. announced that its Board of Directors has declared a cash dividend of $0.5275 per share for the third quarter of 2025. The dividend will be paid on October 21, 2025, to shareholders of record of the Company's common stock as of the close of business on September 30, 2025.
Recent Insider Transactions • Aug 21Co-Founder & Co-Executive Chairman recently bought US$499k worth of stockOn the 19th of August, Kevin Marchetti bought around 12k shares on-market at roughly US$40.44 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$995k. Kevin has been a buyer over the last 12 months, purchasing a net total of US$3.5m worth in shares.
Recent Insider Transactions • Aug 12Co-Founder & Co-Executive Chairman recently bought US$995k worth of stockOn the 8th of August, Kevin Marchetti bought around 24k shares on-market at roughly US$42.28 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kevin has been a buyer over the last 12 months, purchasing a net total of US$3.0m worth in shares.
Breakeven Date Change • Aug 07Forecast breakeven date pushed back to 2027The 11 analysts covering Lineage previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 77% per year to 2026. The company is expected to make a profit of US$23.7m in 2027. Average annual earnings growth of 98% is required to achieve expected profit on schedule.
Reported Earnings • Aug 06Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: US$0.026 loss per share (improved from US$0.46 loss in 2Q 2024). Revenue: US$1.35b (flat on 2Q 2024). Net loss: US$6.00m (loss narrowed 92% from 2Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Industrial REITs industry in the US.
Breakeven Date Change • Aug 05Forecast breakeven date moved forward to 2025The 11 analysts covering Lineage previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of US$28.6m in 2025. Earnings growth of 102% is required to achieve expected profit on schedule.
お知らせ • Aug 04Robbins Geller Announces Securities Class Action Lawsuit against Lineage, Inc. over Misleading IPO DisclosuresThe law firm of Robbins Geller Rudman & Dowd LLP announced that purchasers of Lineage, Inc. common stock in or traceable to the registration statement used in connection with Lineage's July 2024 initial public offering ("IPO"), have until September 30, 2025 to seek appointment as lead plaintiff of the Lineage class action lawsuit. Captioned City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., No. 25-cv-12383 (E.D. Mich.), the Lineage class action lawsuit charges Lineage and certain of its top executives, directors, IPO underwriters, and IPO sponsor with violations of the Securities Act of 1933. CASE ALLEGATIONS: Lineage is a Maryland REIT focused on temperature-controlled cold-storage facilities. In the July 2024 IPO, Lineage sold over 65 million shares of Lineage common stock to investors at $78 per share, raising more than $5 billion in gross offering proceeds. The Lineage class action lawsuit alleges that the registration statement was false and/or misleading and/or failed to disclose that: (i) Lineage was then experiencing sustained weakening in customer demand, as additional cold-storage supply had come on line, Lineage's customers destocked a glut of excessive inventory built up during the COVID-19 pandemic, and Lineage's customers shifted to maintaining leaner cold-storage inventories on a go-forward basis in response to changed consumer trends; (ii) Lineage had implemented price increases in the lead-up to the IPO that could not be sustained in light of the weakening demand environment facing Lineage; (iii) Lineage was unable to effectively counteract the adverse trends listed above through the use of minimum storage guarantees or as a result of operational efficiencies, technological improvements, or its purported competitive advantages; (iv) as a result, rather than enjoying stable revenue growth, high occupancy rates, and steady rent escalation as represented in the registration statement, Lineage was in fact suffering from stagnant or falling revenue, occupancy rates, and rent prices; and (v) consequently, Lineage's financial results, business operations, and prospects were materially impaired.
お知らせ • Jul 01Lineage, Inc. to Report Q2, 2025 Results on Aug 06, 2025Lineage, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025
Breakeven Date Change • Jun 25Forecast breakeven date moved forward to 2026The 11 analysts covering Lineage previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of US$16.3m in 2026. Average annual earnings growth of 108% is required to achieve expected profit on schedule.
お知らせ • Jun 24Lineage, Inc. announces Quarterly dividend, payable on July 21, 2025Lineage, Inc. announced Quarterly dividend of USD 0.5275 per share payable on July 21, 2025, ex-date on June 30, 2025 and record date on June 30, 2025.
お知らせ • Jun 04Lineage, Inc. Announces Retirement of Rob Crisci as Chief Financial OfficerLineage, Inc. announced the planned retirement of its Chief Financial Officer, Rob Crisci. The Company has started the process of identifying a successor for the position with the assistance of a leading executive search firm. Crisci will continue as CFO until a successor is in place and will remain with Lineage through a subsequent transition period. Crisci joined Lineage in April 2023 in advance of the Company’s initial public offering, which launched in July 2024. Prior to joining Lineage, Crisci was a senior executive at Roper Technologies for a decade, including six years as their Chief Financial Officer.
お知らせ • May 06Lineage, Inc. (NasdaqGS:LINE) acquired Permanor As from Skogland family.Lineage, Inc. (NasdaqGS:LINE) acquired Permanor As from Skogland family on May 6, 2025. Seven Lakes Partners, LLC acted as financial advisor for Lineage, Inc. Lineage, Inc. (NasdaqGS:LINE) completed the acquisition of Permanor As from Skogland family on May 6, 2025.
Reported Earnings • May 01First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: FFO per share: US$0.4 (up from US$0.24 in 1Q 2024). Revenue: US$1.29b (down 2.7% from 1Q 2024). Funds from operations (FFO): US$87.0m (up 123% from 1Q 2024). FFO margin: 6.7% (up from 2.9% in 1Q 2024). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Industrial REITs industry in the US.
Breakeven Date Change • Apr 30The 10 analysts covering Lineage previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 95% to 2025. The company is expected to make a profit of US$45.6m in 2026. Average annual earnings growth of 56% is required to achieve expected profit on schedule.
お知らせ • Apr 29Lineage, Inc., Annual General Meeting, Jun 18, 2025Lineage, Inc., Annual General Meeting, Jun 18, 2025.
Breakeven Date Change • Apr 15Forecast breakeven date pushed back to 2026The 11 analysts covering Lineage previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 100% to 2025. The company is expected to make a profit of US$72.6m in 2026. Average annual earnings growth of 100% is required to achieve expected profit on schedule.
Major Estimate Revision • Apr 03Consensus EPS estimates upgraded to US$0.16 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.18 to -US$0.16 per share. Revenue forecast steady at US$5.53b. Industrial REITs industry in the US expected to see average net income decline 15% next year. Consensus price target broadly unchanged at US$70.72. Share price fell 5.9% to US$56.36 over the past week.
お知らせ • Apr 03Lineage, Inc. to Report Q1, 2025 Results on Apr 30, 2025Lineage, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 30, 2025
お知らせ • Apr 02Lineage, Inc. (NasdaqGS:LINE) completed the acquisition of Bellingham Cold Storage Co., LLC.Lineage, Inc. (NasdaqGS:LINE) signed an agreement to acquire Bellingham Cold Storage Co., LLC on March 4, 2025. The transaction is subject to approval by Port of Bellingham. The sale is expected to close by June 2025. Lineage, Inc. (NasdaqGS:LINE) completed the acquisition of Bellingham Cold Storage Co., LLC on April 1, 2025.
Breakeven Date Change • Apr 01Forecast breakeven date pushed back to 2026The 11 analysts covering Lineage previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 99% to 2025. The company is expected to make a profit of US$53.4m in 2026. Average annual earnings growth of 105% is required to achieve expected profit on schedule.
Seeking Alpha • Mar 31Lineage, Inc.'s Stock Might Be Cold But Fundamentals Have PotentialSummary Lineage, Inc. has significant growth potential through market share gains, margin expansion, and occupancy growth, despite current oversupply and inventory challenges. The cold storage industry benefits from rising global food demand and increased use of temperature-controlled logistics, although recent overbuilding has led to oversupply. LINE's growth prospects include occupancy recovery, margin improvement through automation and proprietary software, and accretive consolidation of smaller competitors. While LINE's long-term outlook is promising, I remain neutral until there is more clarity on operating initiatives and the impact of pre-IPO share lock-up expirations. Read the full article on Seeking Alpha
Upcoming Dividend • Mar 24Upcoming dividend of US$0.53 per shareEligible shareholders must have bought the stock before 31 March 2025. Payment date: 21 April 2025. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.7%). In line with average of industry peers (3.8%).
お知らせ • Mar 20Lineage, Inc. Declares Cash Dividend for the First Quarter of 2025, Payable on April 21, 2025Lineage, Inc. announced that its Board of Directors has declared a cash dividend of $0.5275 per share for the first quarter of 2025. The dividend will be paid on April 21, 2025, to shareholders of record of the Company's common stock as of the close of business on March 31, 2025.
Breakeven Date Change • Mar 09Forecast breakeven date moved forward to 2025The 12 analysts covering Lineage previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of US$21.1m in 2025. Earnings growth of 94% is required to achieve expected profit on schedule.
Recent Insider Transactions • Mar 04Co-Founder & Co-Executive Chairman recently bought US$1.5m worth of stockOn the 28th of February, Adam Forste bought around 24k shares on-market at roughly US$60.50 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Adam's only on-market trade for the last 12 months.
Breakeven Date Change • Feb 27Forecast breakeven date pushed back to 2026The 11 analysts covering Lineage previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 98% to 2025. The company is expected to make a profit of US$110.5m in 2026. Average annual earnings growth of 93% is required to achieve expected profit on schedule.
Reported Earnings • Feb 26Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: US$3.48 loss per share (further deteriorated from US$0.72 loss in FY 2023). Revenue: US$5.34b (flat on FY 2023). Net loss: US$664.0m (loss widened 466% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Industrial REITs industry in the US.
お知らせ • Feb 26Lineage, Inc. Reports Impairment for Three Months Ended December 31, 2024Lineage, Inc. reported impairment for three months ended December 31, 2024. The Impairment of intangible assets is $63 million against $7 million a year ago.
Seeking Alpha • Feb 06Lineage: Leaving Investors In The ColdSummary Lineage, Inc. went public at a high valuation, but shares have since dropped significantly in a short period of time. Lineage's cold storage solutions should be in great demand in the long haul, but 2024 results have been soft. Despite a solid dividend yield and ongoing acquisitions, Lineage's growth is lackluster, and its valuation remains demanding. While LINE shares have become more appealing post-selloff, I remain cautious due to high valuations and limited near-term growth prospects. Read the full article on Seeking Alpha
お知らせ • Jan 21Lineage, Inc. to Report Q4, 2024 Results on Feb 26, 2025Lineage, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 26, 2025
Upcoming Dividend • Dec 24Upcoming dividend of US$0.53 per shareEligible shareholders must have bought the stock before 31 December 2024. Payment date: 21 January 2025. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.9%).
お知らせ • Dec 14Lineage, Inc. Appoints Sean Vanderelzen as President – Europe and Chief Human Resources Officer, Effective from January 1, 2025On December 10, 2024, Lineage, Inc. and Sean Vanderelzen, the Company’s Chief Human Resources Officer, agreed that commencing on January 1, 2025, Mr. Vanderelzen will serve as the Company’s President – Europe and Chief Human Resources Officer.
お知らせ • Dec 11Lineage, Inc. Declares Dividend for Fourth Quarter 2024, Payable on January 21, 2025Lineage, Inc. announced that its Board of Directors has declared a cash dividend of $0.5275 per share for the fourth quarter of 2024. The dividend will be paid on January 21, 2025, to shareholders of record of the Company’s common stock as of the close of business on December 31, 2024.
Seeking Alpha • Nov 17An Ice Cold Hold: LineageSummary Lineage, Inc., a new REIT specializing in cold storage, has seen a 23% drop in share prices since its IPO this summer. Despite solid business fundamentals and a promising market position, the current valuation isn't compelling enough, leading to a Hold rating. The company's recent moves, including debt reduction and acquisition of ColdPoint Logistics, have strengthened its financial standing. While the long-term outlook is positive with expected steady growth, the current yield of 3.3% isn't attractive compared to short-term rates. Read the full article on Seeking Alpha
Major Estimate Revision • Nov 13Consensus EPS estimates fall by 31%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$2.19 to -US$2.87 per share. Revenue forecast unchanged at US$5.35b. Industrial REITs industry in the US expected to see average net income growth of 2.4% next year. Consensus price target down from US$93.87 to US$89.75. Share price fell 10% to US$65.61 over the past week.
Reported Earnings • Nov 07Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: US$2.57 FFO loss per share. Funds from operations (FFO) loss: US$446.0m (flat on 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 46%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Industrial REITs industry in the US.
お知らせ • Oct 10Lineage, Inc. to Report Q3, 2024 Results on Nov 06, 2024Lineage, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 06, 2024
Buy Or Sell Opportunity • Sep 07Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at US$81.01. The fair value is estimated to be US$104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last year. Earnings per share has declined by 130%. Revenue is forecast to grow by 3.2% in a year. Earnings are forecast to grow by 23% in the next year.
Seeking Alpha • Sep 01How Hot Is Cold Storage? A First Look At LineageSummary Lineage Inc., the world's largest cold storage REIT, has a mission-critical role in the supply chain with significant industry advantages and impressive growth. Despite its compelling business model, Lineage's current valuation is high, leaving limited room for upside, making it wise to wait for a better entry price. The company boasts a diversified customer base, automation investments, and potential future dividends, enhancing its attractiveness for long-term investors. Investing in new public companies like Lineage can be challenging due to limited data and often lofty valuations, so monitoring for a more attractive price is recommended. Read the full article on Seeking Alpha
Seeking Alpha • Aug 26Lineage: Interesting High-Tech REIT At A Nosebleed ValuationSummary Lineage, Inc., a high-tech cold-storage REIT, had a successful IPO with strong investor demand, but its current valuation appears overly expensive. The company leverages advanced data science and AI to optimize operations, positioning itself as a leader in a resilient and growing industry. Despite its innovative approach and growth potential, Lineage's high valuation and significant debt burden raise concerns about its future performance. Read the full article on Seeking Alpha
Reported Earnings • Aug 25Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: US$0.46 loss per share. Net loss: US$74.0m (flat on 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Industrial REITs industry in the US.
Buy Or Sell Opportunity • Aug 22Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at US$84.42. The fair value is estimated to be US$106, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last year. Earnings per share has declined by 85%. Revenue is forecast to grow by 1.8% in a year. Earnings are forecast to decline by 53% in the next year.
Seeking Alpha • Aug 02Lineage: Industry Leader Starting At A PremiumSummary Lineage aims to transform the global food supply chain with 482 warehouses, focusing on quality and sustainability. Lineage's successful public offering saw shares sold above the midpoint of the range, having seen some 10% returns ever since in volatile market conditions. Valuation of Lineage post-IPO is demanding, with high multiples on sales and adjusted FFO, making near to medium term risk-reward unattractive. Read the full article on Seeking Alpha
お知らせ • Jul 26Lineage, Inc. has completed an IPO in the amount of $4.4368 billion.Lineage, Inc. has completed an IPO in the amount of $4.4368 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 56,882,051 Price\Range: $78 Discount Per Security: $2.925 Security Features: Income Trust Transaction Features: Reserved Share Offering
お知らせ • Jul 25Lineage, Inc. has completed an IPO in the amount of $4.4368 billion.Lineage, Inc. has completed an IPO in the amount of $4.4368 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 56,882,051 Price\Range: $78 Security Features: Income Trust Transaction Features: Reserved Share Offering
