Lindsay Corporation (LNN)

NYSE: LNN · IEX Real-Time Price · USD
117.10
+0.05 (0.04%)
May 20, 2024, 2:25 PM EDT - Market open
0.04%
Market Cap 1.29B
Revenue (ttm) 644.56M
Net Income (ttm) 69.25M
Shares Out 11.04M
EPS (ttm) 6.27
PE Ratio 18.67
Forward PE 21.78
Dividend $1.40 (1.20%)
Ex-Dividend Date May 16, 2024
Volume 23,567
Open 116.71
Previous Close 117.05
Day's Range 116.54 - 117.41
52-Week Range 106.46 - 137.31
Beta 0.63
Analysts Strong Buy
Price Target 138.00 (+17.85%)
Earnings Date Jun 27, 2024

About LNN

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It 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 remote mon... [Read more]

Sector Industrials
IPO Date Oct 12, 1988
Employees 1,209
Stock Exchange NYSE
Ticker Symbol LNN
Full Company Profile

Financial Performance

In 2023, Lindsay's revenue was $674.08 million, a decrease of -12.54% compared to the previous year's $770.74 million. Earnings were $72.38 million, an increase of 10.55%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for LNN stock is "Strong Buy." The 12-month stock price forecast is $138.0, which is an increase of 17.85% from the latest price.

Price Target
$138.0
(17.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Lindsay Upgrades FieldNET Advisor™ to Improve Irrigation Management

Lindsay listens to grower feedback to enhance award-winning technology offering OMAHA, Neb. , May 16, 2024 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributo...

4 days ago - PRNewsWire

Lindsay Corporation Announces 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...

6 weeks ago - Business Wire

Lindsay Corporation Reports Second Quarter Fiscal 2024 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 weeks ago - Business Wire

Lindsay Announces Agreement to Acquire a Minority Interest in Pessl Instruments

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

6 weeks ago - Business Wire

Lindsay Corporation Announces Second Quarter Fiscal 2024 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...

2 months ago - Business Wire

Lindsay to Invest Over $50M to Expand, Modernize Manufacturing Facility

Upgrades will improve efficiency, enhance product quality and achieve best-in-class performance and service OMAHA, Neb. , Jan. 17, 2024 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading globa...

4 months ago - PRNewsWire

Lindsay Corporation Reports Fiscal 2024 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 its ...

4 months ago - Business Wire

Lindsay Corporation Announces First Quarter Fiscal 2024 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...

5 months ago - Business Wire

Lindsay Corporation Reports Fourth Quarter and Fiscal Year 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 ...

7 months ago - Business Wire

Lindsay Corporation Announces Fourth Quarter and Fiscal Year-End 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...

8 months ago - Business Wire

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...

10 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...

11 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...

11 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...

11 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 ...

11 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...

1 year 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,...

1 year 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...

1 year 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...

1 year 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 ...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year ago - Business Wire