Why Is LINEAGE INC EQUITY Equity (LINE) Stock Down Today?

Lineage (LINE) shares fell 12.05% to $34.88 as third-quarter results missed expectations and the company lowered its full-year adjusted EBITDA guidance. The decline was driven by rising fire costs and trade disruptions that pressured margins, alongside a revenue miss of $10 million.

What Happened

Lineage reported third-quarter revenue of $1.36 billion, falling short of the $1.364 billion consensus estimate. Core funds from operations came in at 73 cents per share, exceeding the 70 cent consensus, but adjusted EBITDA declined by 7%. The company updated its fiscal 2026 guidance, projecting adjusted EBITDA between $1.25 billion and $1.27 billion while targeting a leverage ratio of 5.0x to 5.5x. Management cited trade and carrier costs as primary factors pressuring Global Industrial Services margins. A Form 8-K filed on November 9, 2026, disclosed the preliminary results and financial statements. Barclays maintained its Sell rating on the stock following the announcement.

What The Data Shows

The stock printed 25 fresh 52-week lows on November 10, 2026, following a single fresh 52-week high earlier in the year. The current price sits within the 52-week range of $31.33 to $45.75. Lineage has a market capitalization of $8.9 billion and remains unprofitable with a trailing twelve-month EPS of negative $0.72. Revenue grew 1.0% over the trailing twelve months, while the net margin stands at negative 3.1%. The stock carries a beta of 0.85 and a dividend yield of 5.44%. A dividend of $0.5325 per share was paid with an ex-date of September 30, 2026. Recent insider activity includes one buy totaling $988,000, with the most recent transaction on September 1, 2026. Kevin Patrick Marchetti, a co-executive, purchased shares on August 28, 2026.

What To Watch

Investors will monitor how the revised 2026 adjusted EBITDA guidance of $1.25 billion to $1.27 billion impacts future valuation multiples. The company’s target leverage range of 5.0x to 5.5x will be a key metric as it navigates ongoing trade and carrier cost pressures.