View Financial HealthLineage 배당 및 자사주 매입배당 기준 점검 3/6Lineage 은(는) 현재 수익률이 5.36% 인 배당금 지급 회사입니다.핵심 정보5.4%배당 수익률1.0%자사주 매입 수익률총 주주 수익률6.3%미래 배당 수익률5.8%배당 성장률33.4%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향256%최근 배당 및 자사주 매입 업데이트Declared 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%.공시 • 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.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%.공시 • 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.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%.공시 • 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.모든 업데이트 보기Recent 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 Alpha속보 • 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.공시 • Apr 25Lineage, Inc., Annual General Meeting, Jun 09, 2026Lineage, Inc., Annual General Meeting, Jun 09, 2026.공시 • 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.공시 • 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%.공시 • 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.공시 • 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%.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2025공시 • 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%).공시 • 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.공시 • 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 Alpha공시 • 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%).공시 • 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.공시 • 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.공시 • 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 Alpha공시 • 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 Offering공시 • 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 Offering지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, LINE 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: LINE 의 배당금 지급이 증가했지만 회사는 2 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Lineage 배당 수익률 vs 시장LINE의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (LINE)5.4%시장 하위 25% (US)1.4%시장 상위 25% (US)4.3%업계 평균 (Industrial REITs)3.5%분석가 예측 (LINE) (최대 3년)5.8%주목할만한 배당금: LINE 의 배당금( 5.36% )은 US 시장에서 배당금 지급자의 하위 25%( 1.44% )보다 높습니다.고배당: LINE 의 배당금( 5.36% )은 US 시장( 4.32% )주주 대상 이익 배당수익 보장: 지급 비율 ( 256.5% )이 높기 때문에 LINE 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 57.7% )로 LINE 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YUS 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 02:50종가2026/05/20 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Lineage, Inc.는 25명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Brendan LynchBarclaysNathan CrossettBNP ParibasSamir KhanalBofA Global Research22명의 분석가 더 보기
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%.
공시 • 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.
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%.
공시 • 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.
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%.
공시 • 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.
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
속보 • 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.
공시 • Apr 25Lineage, Inc., Annual General Meeting, Jun 09, 2026Lineage, Inc., Annual General Meeting, Jun 09, 2026.
공시 • 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.
공시 • 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%.
공시 • 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.
공시 • 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%.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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%).
공시 • 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.
공시 • 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
공시 • 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%).
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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
공시 • 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