Lineage (NASDAQ:LINE) Announces Earnings Results

Lineage (NASDAQ:LINE) released its quarterly earnings data on Wednesday. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.70), FiscalAI reports. The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Lineage had a negative net margin of 1.87% and a negative return on equity of 1.05%. The firm’s quarterly revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.83 EPS.

Here are the key takeaways from Lineage’s conference call:

• Company reports signs of normalization — same-store physical occupancy rose 400 bps sequential to 79.3%, and management says seasonality has returned with expected 1–2% net pricing in warehousing for 2026.
• 2026 guidance reflects continued near-term pressure with same-store NOI growth of -4% to -1%, adjusted EBITDA of $1.25B–$1.30B, and AFFO per share of $2.75–$3.00.
• Management is accelerating productivity and cost actions, targeting more than $50M of annualized admin/indirect savings by end-2026 and citing LinOS and other initiatives to help deliver up to $110M run-rate savings over 3–5 years.
• Development and portfolio strategy could drive upside — 24 facilities under construction (over $1B invested) expected to add >$150M incremental EBITDA when stabilized, and management is actively evaluating asset monetizations (e.g., Santa Maria sale at mid-6% cap) to redeploy capital.
• Balance sheet update — total net debt $7.7B, liquidity $1.9B, net debt/adjusted EBITDA ~6.0x (5.2x on transaction-adjusted basis); recent EUR 700M bond and swaps aim to manage funding and interest-rate profile.

Lineage Price Performance

NASDAQ LINE traded down $0.41 during trading hours on Friday, hitting $40.56. The company had a trading volume of 280,011 shares, compared to its average volume of 1,531,387. The firm has a 50 day simple moving average of $36.55 and a 200 day simple moving average of $37.85. Lineage has a 52 week low of $32.46 and a 52 week high of $62.30. The firm has a market capitalization of $9.26 billion, a price-to-earnings ratio of -94.34 and a beta of -0.19. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.86 and a current ratio of 0.99.

Lineage Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 21st. Investors of record on Wednesday, December 31st were paid a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Wednesday, December 31st. Lineage’s payout ratio is currently -267.09%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on LINE. Barclays reiterated a “positive” rating on shares of Lineage in a research note on Wednesday, February 4th. UBS Group decreased their price target on Lineage from $41.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. JPMorgan Chase & Co. lowered their price target on Lineage from $43.00 to $38.00 and set an “underweight” rating on the stock in a report on Friday, November 14th. Robert W. Baird reiterated a “neutral” rating and issued a $39.00 price objective (down from $45.00) on shares of Lineage in a research note on Thursday, December 18th. Finally, Mizuho decreased their price objective on shares of Lineage from $44.00 to $40.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $42.18.

Institutional Trading of Lineage

A number of hedge funds have recently bought and sold shares of LINE. EverSource Wealth Advisors LLC grew its position in Lineage by 172.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 572 shares of the company’s stock worth $25,000 after acquiring an additional 362 shares during the last quarter. Caitlin John LLC boosted its position in shares of Lineage by 88.4% in the 4th quarter. Caitlin John LLC now owns 1,507 shares of the company’s stock worth $53,000 after purchasing an additional 707 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Lineage in the 3rd quarter worth about $70,000. Parallel Advisors LLC raised its holdings in Lineage by 70.2% in the 3rd quarter. Parallel Advisors LLC now owns 1,923 shares of the company’s stock worth $74,000 after acquiring an additional 793 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in Lineage by 69.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,427 shares of the company’s stock worth $149,000 after buying an additional 1,401 shares during the last quarter.

About Lineage

Lineage Logistics, Inc (NASDAQ: LINE) is a leading provider of temperature-controlled industrial real estate and supply chain solutions. The company specializes in refrigerated and frozen storage, transportation, and ancillary services designed to support the global perishable goods industry. From food manufacturers and distributors to retailers and foodservice operators, Lineage offers tailored temperature management solutions that help clients optimize inventory turnover, reduce waste, and maintain product quality throughout the cold chain.

Lineage’s core services include ambient, refrigerated and frozen warehousing, cross-docking, transloading, and dedicated transportation.