LIND (Lindblad Expeditions Holdings) Shares Outstanding (EOP): 65.5 Mil (As of Mar. 2026)


LIND Lindblad Expeditions Holdings Inc LIND
65 GF Score
Price $29.72
GF Value $13.25
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Lindblad Expeditions Holdings Shares Outstanding (EOP)?

Lindblad Expeditions Holdings LIND +3.34% 65 Shares Outstanding (EOP) is 65.5 Mil as of Mar. 2026. GuruFocus rates LIND with a GF Score™ of 65/100 and a GF Value™ of $13.25 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lindblad Expeditions Holdings's shares outstanding for the quarter that ended in Mar. 2026 was 65.5 Mil.

Lindblad Expeditions Holdings's quarterly shares outstanding increased from Dec. 2025 (55.3 Mil) to Mar. 2026 (65.5 Mil). It means Lindblad Expeditions Holdings issued new shares from Dec. 2025 to Mar. 2026 .

Lindblad Expeditions Holdings's annual shares outstanding increased from Dec. 2024 (54.4 Mil) to Dec. 2025 (55.3 Mil). It means Lindblad Expeditions Holdings issued new shares from Dec. 2024 to Dec. 2025 .


Lindblad Expeditions Holdings  (NAS:LIND) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Lindblad Expeditions Holdings Shares Outstanding (EOP) Related Terms


Lindblad Expeditions Holdings Shares Outstanding (EOP) Historical Data

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The historical data trend for Lindblad Expeditions Holdings's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lindblad Expeditions Holdings Shares Outstanding (EOP) Chart

Lindblad Expeditions Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.76 53.11 53.33 54.38 55.32

Lindblad Expeditions Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.57 54.60 55.29 55.32 65.45

LIND vs TRIP, PRSU, TOUR: Shares Outstanding (EOP) Comparison

For the Travel Services subindustry, Lindblad Expeditions Holdings's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lindblad Expeditions Holdings Shares Outstanding (EOP) vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lindblad Expeditions Holdings's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Lindblad Expeditions Holdings's Shares Outstanding (EOP) falls into.


LIND
65GF Score
Lindblad Expeditions Holdings Inc LIND
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Lindblad Expeditions Holdings Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 65.5 Mil mean?
Lindblad Expeditions Holdings (LIND) has a Shares Outstanding (EOP) of 65.5 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Lindblad Expeditions Holdings and its competitors.
Is Lindblad Expeditions Holdings' Shares Outstanding (EOP) too high?
Lindblad Expeditions Holdings' current Shares Outstanding (EOP) is 65.5 Mil. Overall, Lindblad Expeditions Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lindblad Expeditions Holdings' Shares Outstanding (EOP) compare to TRIP and PRSU?
Lindblad Expeditions Holdings' Shares Outstanding (EOP) of 65.5 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Travel & Leisure company?
A good Shares Outstanding (EOP) depends on the Travel & Leisure industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Lindblad Expeditions Holdings and its competitors. Lindblad Expeditions Holdings's current Shares Outstanding (EOP) is 65.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindblad Expeditions Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lindblad Expeditions Holdings (LIND) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.25, compared to a current price of $29.72 — trading 124.3% above its estimated fair value. The current Shares Outstanding (EOP) is 65.5 Mil. Lindblad Expeditions Holdings' overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Lindblad Expeditions Holdings (LIND), the current Shares Outstanding (EOP) is 65.5 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lindblad Expeditions Holdings (LIND) Overvalued in 2026?

Based on GuruFocus' analysis, Lindblad Expeditions Holdings stock appears to be overvalued. The current stock price of $29.72 is trading 124.3% above its estimated GF Value™ of $13.25. GuruFocus considers Lindblad Expeditions Holdings to be Significantly Overvalued.

Key valuation signals for LIND:

  • Shares Outstanding (EOP): 65.5 Mil
  • GF Value™: $13.25 vs. price of $29.72 (124.3% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the LIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lindblad Expeditions Holdings Business Description

Other Exchanges LI4:Germany
Address 11 West 42nd Street, Suite 22 B3, New York, NY, USA, 10036
Lindblad Expeditions Holdings Inc provides expedition cruising and adventure travel services. The company operates in two segments: Lindblad and Land Experiences, of which Lindblad generates the vast majority of its revenue. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and interactivity. It operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions. Lindblad operates a fleet of twelve owned expedition ships and five seasonal charter vessels under the Lindblad brand.
65GF Score

Get the complete analysis for LIND

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.72
Price
$13.25
GF Value