Reading the tape
NASDAQ: LINE
Lineage, Inc.
Real Estate · REIT - Industrial
Market Cap
$8.02B
52w High
$48.72
52w Low
$31.33
P/E
-80.46
Volume
733.92K
Outstanding Shares
227.14M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -20.3%Revenue (TTM): 0.28%FCF (TTM): 1,533.33%
What changed
The stock fell 20.3% over the last year. Revenue grew 0.28% over the trailing twelve months. Operating margin moved from 6.76% to 4.71%. Free cash flow grew 1,533.33% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 4.71%. A decisive move in revenue — currently up 0.28% — would be the clearest signal to resolve the ambiguity.
Company profile
Lineage, Inc. engages in the provision of temperature-controlled warehouse real estate investment trust (REIT).
CEOW. Gregory Lehmkuhl
SectorReal Estate
IndustryREIT - Industrial
Employees26,000
IPO dateJul 25, 2024
Valuation
Forward P/E—
EV/EBITDA15.81
Enterprise value$16.57B
Price / Book0.97
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-0.22%
Gross margin15.42%▼53.25%vs FY2024
Operating margin4.71%▼30.39%vs FY2024
ROE-1.19%▲84.54%vs FY2024
Analyst consensus
RatingHold
Target price$38.22▲8.30%
3
Buy
10
Hold
3
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est -$0.24 · Revenue est $1.31B
View
Dividends
$2.12/shareQuarterlyAt RiskLINE pays a dividend with a 5.99% dividend yield, covered 0.4× by free cash flow.
Dividend Yield
5.99%
Annual Div / Share
$2.12
CAGR
—
FCF Coverage
0.4×
At Risk
Dividend Growth Rate
Dividend Safety
0/10At Risk
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$2.11+132.5%
2024$0.91—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$60/yr
$5/mo
In 5 yrs
$60/yr
$5/mo
In 10 yrs
$60/yr
$5/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$60/yr $5/mo | $60/yr $5/mo | $60/yr $5/mo |
Analysis
Dividend Strengths
No strong strength signal stands out from the latest period pair.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only 0.36× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.