Lindsay Corporation (LNN)

NYSE: LNN · IEX Real-Time Price · USD
117.68
+0.28 (0.24%)
Sep 29, 2023, 4:00 PM EDT - Market closed
0.24%
Market Cap 1.30B
Revenue (ttm) 697.15M
Net Income (ttm) 71.08M
Shares Out 11.01M
EPS (ttm) 6.44
PE Ratio 18.27
Forward PE 18.88
Dividend $1.40 (1.19%)
Ex-Dividend Date Aug 16, 2023
Volume 76,528
Open 117.68
Previous Close 117.40
Day's Range 115.50 - 118.70
52-Week Range 110.43 - 183.08
Beta 0.62
Analysts Hold
Price Target 131.50 (+11.74%)
Earnings Date Oct 19, 2023

About LNN

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and r... [Read more]

Sector Industrials
IPO Date Oct 12, 1988
Employees 1,262
Stock Exchange NYSE
Ticker Symbol LNN
Full Company Profile

Financial Performance

In 2022, Lindsay's revenue was $770.74 million, an increase of 35.78% compared to the previous year's $567.65 million. Earnings were $65.47 million, an increase of 53.78%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for LNN stock is "Hold." The 12-month stock price forecast is $131.5, which is an increase of 11.74% from the latest price.

Price Target
$131.5
(11.74% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Lindsay Announces Acquisition of FieldWise

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, has acquired FieldWise, LLC, a m...

2 months ago - Business Wire

Lindsay Corp. boosts quarterly dividend to 35 cents a share from 34 cents previously

Lindsay Corp. LNN, -0.24%, a maker of irrigation and infrastructure equipment and technology, said Friday its board has agreed to raise its quarterly dividend to 35 cents a share from 34 cents previou...

3 months ago - Market Watch

Lindsay Corporation Increases Quarterly Cash Dividend

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that its Board o...

3 months ago - Business Wire

Lindsay Corp: A Value Trap In the Making

Lindsay Corp. ( LNN , Financial) is a leading provider of specialized water management and road infrastructure products and services. With two distinct reporting segments, Irrigation and Infrastructur...

3 months ago - GuruFocus

Lindsay Corporation Reports Third Quarter Fiscal 2023 Results

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its ...

3 months ago - Business Wire

Lindsay Corporation Announces Third Quarter Fiscal 2023 Earnings Conference Call and Webcast

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it plans to rele...

3 months ago - Business Wire

Lindsay Corporation to Present at the William Blair 43rd Annual Growth Stock Conference

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that Randy Wood,...

4 months ago - Business Wire

Lindsay Corporation and Pessl Instruments Announce Strategic Partnership

The partnership will provide growers with enhanced access to water management solutions tailored to improve efficiency and performance OMAHA, Neb. , May 25, 2023 /PRNewswire/ -- Lindsay Corporation (N...

4 months ago - PRNewsWire

Lindsay Corporation Announces Quarterly Dividend

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that its Board o...

6 months ago - Business Wire

Lindsay Corporation Reports Second Quarter Fiscal 2023 Results

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its ...

6 months ago - Business Wire

Lindsay Corporation Announces Second Quarter Fiscal 2023 Earnings Conference Call and Webcast

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it plans to rele...

6 months ago - Business Wire

Lindsay Corporation to Introduce The TAU-XR™ to Its MASH Crash Cushion Lineup

Innovative features make the new system easy to install and quick to repair OMAHA, Neb. , Feb. 15, 2023 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor o...

8 months ago - PRNewsWire

Lindsay Corporation Announces Appointment of Senior Vice President, Strategy & Business Development

Role to focus on accelerating company's strategic growth plan OMAHA, Neb. , Feb. 14, 2023 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation a...

8 months ago - PRNewsWire

Lindsay Corporation Announces New Investor Relations Firm

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN) (“Lindsay” or the “Company”), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, t...

8 months ago - Business Wire

Lindsay Corporation Reports Fiscal 2023 First Quarter Results

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for it...

9 months ago - Business Wire

Lindsay Corporation Launches Next Generation Road Zipper Barrier Transfer Machine

Company officials also announce new classifications for  The Road Zipper System ® OMAHA, Neb. , Jan. 4, 2023 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distribu...

9 months ago - PRNewsWire

Lindsay Corporation Announces Fiscal 2023 First Quarter Earnings Conference Call and Webcast

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it plans to re...

10 months ago - Business Wire

Lindsay Corporation Announces Partnership with Ceres Imaging

High-resolution imagery incorporated into Lindsay's FieldNET irrigation management tool offers increased visibility of crop and field conditions OMAHA, Neb. , Dec. 19, 2022 /PRNewswire/ -- Lindsay Cor...

10 months ago - PRNewsWire

Lindsay Corporation to Ring NYSE Closing Bell Oct. 27

OMAHA, Neb.

1 year ago - Business Wire

Lindsay Corporation Announces Fiscal 2022 Fourth Quarter and Year-End Earnings Conference Call and Webcast

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation Announces Fiscal 2022 Fourth Quarter and Year-End Earnings Conference Call and Webcast

1 year ago - Business Wire

Lindsay Corporation to Present at the Midwest IDEAS Conference

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corp. Presenting at Midwest IDEAS Conference

1 year ago - Business Wire

Lindsay Shares Gain After Beating Q3 Earnings Expectation

Lindsay Corp (NYSE: LNN) reported third-quarter FY22 operating revenue growth of 32% year-over-year to $214.3 million, beating the consensus of $188.95 million. EPS improved to $2.28 from $1.61 in 3Q2...

1 year ago - Benzinga

Lindsay Corporation Reports Fiscal 2022 Third Quarter Results

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its ...

1 year ago - Business Wire