Lindblad Expeditions

LIND

Market cap $1.28B

Stocks tend to overshoot in both directions when geopolitical events happen, which is where long-term investors can find mispriced opportunities. Not all travel exposure is created equal.

Sven-Olof Lindblad sold 28,002 shares on Feb. 4, 2026 for a transaction value of ~$493,000 at around $17.61 per share. This sale represented 0.26% of direct holdings, reducing direct ownership to 10,783,962 shares post-transaction.

Lindblad Expeditions Holdings, Inc. (LIND) Q4 2025 Earnings Call Transcript

Lindblad Expeditions (LIND) came out with a quarterly loss of $0.45 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to a loss of $0.48 per share a year ago.

In the news release, Lindblad Expeditions Holdings, Inc. Reports 2025 Fourth Quarter and Full Year Financial Results, issued 26-Feb-2026 by Lindblad Expeditions Holdings, Inc. over PR Newswire, we are advised by the company that the conference call time is 9:00 a.m. Eastern Time on February 26, 2026 rather than 8:30 a.m.

2025 Delivered the Strongest Adjusted EBITDA Performance in Company History Highlights: Total revenues increased 20% to $771.0 million Net loss available to stockholders decreased $1.2 million to $34.6 million; including a $23.5 million loss on extinguishment of debt Adjusted EBITDA increased 38% to $126.2 million Net Yield per Available Guest Night increased 14% to $1,335 and Occupancy was 88% Refinanced long-term debt with $675.0 million of 7.00% senior secured notes, extending debt maturity to 2030, and increased the amount available under our revolving credit facility to $60.0 million On February 3, 2026, all outstanding Preferred Stock was converted into 9.0 million shares of Common Stock NEW YORK, Feb. 26, 2026 /PRNewswire/ -- Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; the "Company" or "Lindblad"), a global provider of expedition cruises and adventure travel experiences, today reported financial results for the fourth quarter and full year ended December 31, 2025. Natalya Leahy, Chief Executive Officer, said "In 2025, we delivered the strongest performance in our company's history — record guest satisfaction, record yield of $1,335, and record Adjusted EBITDA $126.2 million — while strengthening our balance sheet position.

NEW YORK, Feb. 17, 2026 /PRNewswire/ -- Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; "Lindblad"; the "Company"), a global provider of expedition cruises and adventure travel experiences, will report 2025 fourth quarter and full year financial results on Thursday February 26, 2026, before the market opens. The Company will host a conference call to discuss the results at 9:00 am Eastern Time.

Mandatory conversion expected to further strengthen balance sheet NEW YORK, Jan. 20, 2026 /PRNewswire/ -- Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) ("Lindblad" or the "Company"), a global provider of expedition cruises and adventure travel experiences, today announced that it has exercised its mandatory conversion (the "Mandatory Conversion") right on all outstanding shares of its 6.0% Series A Convertible Preferred Stock (the "Preferred Stock"), and delivered a notice of Mandatory Conversion to the holders of the Preferred Stock. The Company's Mandatory Conversion right was achieved on January 16, 2026, as a result of the volume-weighted average price of the Company's common stock exceeding $14.25 for at least 20 out of 30 consecutive trading days.

Lindblad Expeditions (LIND) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.