Lindsay Corporation (LNN)

NYSE: LNN · IEX Real-Time Price · USD
129.16
-1.50 (-1.15%)
Dec 29, 2023, 4:00 PM EST - Market closed
-1.15%
Market Cap 1.42B
Revenue (ttm) 674.08M
Net Income (ttm) 72.38M
Shares Out 11.03M
EPS (ttm) 6.54
PE Ratio 19.75
Forward PE 20.00
Dividend $1.40 (1.08%)
Ex-Dividend Date Nov 15, 2023
Volume 28,814
Open 130.60
Previous Close 130.66
Day's Range 129.16 - 131.15
52-Week Range 106.46 - 169.91
Beta 0.57
Analysts Buy
Price Target 136.50 (+5.68%)
Earnings Date Jan 4, 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 2 analysts, the average rating for LNN stock is "Buy." The 12-month stock price forecast is $136.5, which is an increase of 5.68% from the latest price.

Price Target
$136.5
(5.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

10 days ago - Business Wire

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...

2 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 ...

2 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...

3 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...

5 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...

6 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...

6 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...

6 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 ...

6 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...

7 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,...

7 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...

7 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...

9 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 ...

9 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...

10 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...

11 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...

11 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...

11 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...

1 year 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...

1 year 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...

1 year 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...

1 year ago - PRNewsWire

Lindsay Corporation to Ring NYSE Closing Bell Oct. 27

OMAHA, Neb.

1 year ago - Business Wire