Lineage: Cold Storage REIT Still Undervalued Thanks To Near-Term Headwinds

Lineage remains a buy, supported by strong fundamentals and a leading position in temperature-controlled warehouse REITs despite near-term macro headwinds. LINE delivered robust 2025 AFFO growth of 22.7% ($865M), but expects a ~14.7% per-share AFFO decline in 2026 amid weak occupancy and macro uncertainty. Dividend yield stands at 5.15% with a sustainable payout ratio, and management targets $110M run-rate cost savings over 3-5 years.

Seeking Alpha • Mar 2, 2026

Lineage, Inc. (LINE) Q4 2025 Earnings Call Transcript

Lineage, Inc. (LINE) Q4 2025 Earnings Call Transcript

Seeking Alpha • Feb 25, 2026

Lineage, Inc. Reports Full-Year 2025 Financial Results and Initiates 2026 Guidance

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the "Company"), the world's largest global temperature-controlled warehouse REIT, today announced its financial results for the fourth quarter and full year of 2025. Fourth-Quarter 2025 Financial Highlights Total revenue decreased (0.2)% to $1,336 million GAAP net income of $6 million, or $0.03 per diluted common share Adjusted EBITDA decreased (2.4)% to $327 million; adjusted EBITDA margin decreased (50)bps to 24.5% AFFO increased 0.5.

Business Wire • Feb 25, 2026

Lineage, Inc. (LINE) Reports Q4 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Lineage, Inc. (LINE) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Zacks Investment Research • Feb 25, 2026

Lineage, Inc. (LINE) Beats Q4 FFO Estimates

Lineage, Inc. (LINE) came out with quarterly funds from operations (FFO) of $0.83 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to FFO of $0.83 per share a year ago.

Zacks Investment Research • Feb 25, 2026

Exploring Analyst Estimates for Lineage, Inc. (LINE) Q4 Earnings, Beyond Revenue and EPS

Besides Wall Street's top-and-bottom-line estimates for Lineage, Inc. (LINE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2025.

Zacks Investment Research • Feb 24, 2026

Property Type Round-Up From REITWorld 2025

REITs are positioned for robust growth in 2026, driven by decelerating supply, disciplined capital allocation, and significant valuation discounts to NAV and private markets. Sector preferences favor Healthcare and Data Centers for durable growth, with Shopping Centers and select Residential REITs offering underappreciated upside and private capital interest. Strategic alternatives, buybacks, and targeted M&A are increasingly in focus, especially for deeply discounted names like CSR, WSR, COLD, and REXR.

Seeking Alpha • Feb 3, 2026

Lineage, Inc. Announces Tax Treatment for 2025 Distributions

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the "Company"), the world's largest global temperature-controlled warehouse REIT, today announced the tax treatment of its 2025 distributions. The tax treatment of distributions per share of the Company common stock (CUSIP 53566V106) will be reported on the Form 1099-DIV as follows: Record Date Payable Date Cash Distribution Ordinary Dividend   Return of Capital Qualified Dividend*   Section 199A Dividend*   12/31/2024 01/21/2025 $0.52.

Business Wire • Jan 27, 2026

Lineage to Report Fourth-Quarter and Full-Year 2025 Financial Results on February 25, 2026

NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE), announced that it will report its financial results for the fourth quarter and full year of 2025 on Wednesday, February 25, 2026, before market open. A conference call to discuss these results has been scheduled for 8:00 a.m. Eastern Time on Wednesday, February 25, 2026. A live webcast of the call will be available on the Lineage Investor Relations website at ir.onelineage.com. An audio replay of the conference call will be available f.

Business Wire • Jan 16, 2026

Lineage Vs. Americold: Why Tech Leadership Makes LINE The Superior REIT

Lineage (LINE) stands out as the cold storage industry leader, leveraging proprietary technology and geographic diversification to drive structural cost advantages over peers. LINE's LinOS platform is a significant competitive advantage, expected to boost margins and productivity, though rollout delays present near-term execution risk. Industry oversupply is being absorbed, with demand now outpacing new supply; LINE's 6% dividend yield is well covered and supported by a conservative payout ratio.

Seeking Alpha • Dec 29, 2025