About Lindsay Corporation (NYSE:LNN)
Lindsay Corporation, along with its subsidiaries, provides a range of water management and road infrastructure products and services. The Company operates through two segments: Irrigation Segment and Infrastructure Segment. The Irrigation Segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, which are used primarily in the agricultural industry. The Infrastructure Segment includes the manufacture and marketing of moveable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment, large diameter steel tubing, and railroad signals and structures. It also manufactures and markets hose reel travelers under the Perrot and Greenfield brands in Europe and South Africa. It produces or markets chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems, which it sells under its GrowSmart brand.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Agricultural Machinery
- Sub-Industry: Construction & Farm Machinery & Heavy Trucks
- Symbol: NYSE:LNN
- CUSIP: 53555510
- Web: www.lindsay.com
Capitalization:- Market Cap: $969.92 million
- Outstanding Shares: 10,689,000
Average Prices:- 50 Day Moving Avg: $89.44
- 200 Day Moving Avg: $87.90
- 52 Week Range: $72.85 - $95.04
P/E:- Trailing P/E Ratio: 39.36
- Foreward P/E Ratio: 25.21
- P/E Growth: 2.53
Sales & Book Value:- Annual Revenue: $518.94 million
- Price / Sales: 1.87
- Book Value: $24.67 per share
- Price / Book: 3.68
Dividend:- Annual Dividend: $1.20
- Dividend Yield: 1.3%
Profitability:- EBITDA: $57.11 million
- Net Margins: 4.47%
- Return on Equity: 8.95%
- Return on Assets: 4.66%
Debt:- Debt-to-Equity Ratio: 0.43%
- Current Ratio: 3.18%
- Quick Ratio: 2.25%
Misc:- Average Volume: 84,014 shs.
- Beta: 0.44
- Short Ratio: 21.83
Frequently Asked Questions for Lindsay Corporation (NYSE:LNN)
What is Lindsay Corporation's stock symbol?
Lindsay Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "LNN."
How often does Lindsay Corporation pay dividends? What is the dividend yield for Lindsay Corporation?
Lindsay Corporation announced a quarterly dividend on Thursday, October 12th. Investors of record on Thursday, November 16th will be given a dividend of $0.30 per share on Thursday, November 30th. This represents a $1.20 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend is Wednesday, November 15th. View Lindsay Corporation's Dividend History.
How were Lindsay Corporation's earnings last quarter?
Lindsay Corporation (NYSE:LNN) issued its earnings results on Thursday, October, 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.18. The firm had revenue of $131.94 million for the quarter, compared to the consensus estimate of $134.83 million. Lindsay Corporation had a return on equity of 8.95% and a net margin of 4.47%. View Lindsay Corporation's Earnings History.
When will Lindsay Corporation make its next earnings announcement?
Where is Lindsay Corporation's stock going? Where will Lindsay Corporation's stock price be in 2017?
4 analysts have issued twelve-month price objectives for Lindsay Corporation's stock. Their predictions range from $80.00 to $107.00. On average, they expect Lindsay Corporation's share price to reach $92.33 in the next year. View Analyst Ratings for Lindsay Corporation.
Who are some of Lindsay Corporation's key competitors?
Some companies that are related to Lindsay Corporation include Mueller Water Products (MWA), Albany International Corporation (AIN), SPX FLOW (FLOW), Harsco Corporation (HSC), Kaiser Aluminum Corporation (KALU), EnPro Industries (NPO), MRC Global (MRC), Actuant Corporation (ATU), ESCO Technologies (ESE), Kaman Corporation (KAMN), Sun Hydraulics Corporation (SNHY), Mobile Mini (MINI), Altra Industrial Motion Corp. (AIMC), Acco Brands Corporation (ACCO), Multi-Color Corporation (LABL), Hyster-Yale Materials Handling (HY), Century Aluminum Company (CENX) and Hollysys Automation Technologies (HOLI).
Who are Lindsay Corporation's key executives?
Lindsay Corporation's management team includes the folowing people:
- Michael C. Nahl, Chairman of the Board
- Richard W. Parod, President, Chief Executive Officer, Director
- Brian L. Ketcham, Chief Financial Officer
- Randy A. Wood, President – Agricultural Irrigation Division
- David B. Downing, Executive Vice President
- Michael N. Christodolou, Director
- Robert E. Brunner, Independent Director
- W. Thomas Jagodinski, Independent Director
- David B. Rayburn, Independent Director
- Michael D. Walter, Independent Director
How do I buy Lindsay Corporation stock?
Shares of Lindsay Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Lindsay Corporation's stock price today?
One share of Lindsay Corporation stock can currently be purchased for approximately $90.74.
MarketBeat Community Rating for Lindsay Corporation (NYSE LNN)MarketBeat's community ratings are surveys of what our community members think about Lindsay Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Lindsay Corporation (NYSE:LNN) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.25) |
| Consensus Price Target: | $92.33 (1.76% upside) |
Consensus Price Target History for Lindsay Corporation (NYSE:LNN)
Analysts' Ratings History for Lindsay Corporation (NYSE:LNN)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/12/2017 | Boenning Scattergood | Reiterated Rating | Hold | | N/A |  |
| 10/13/2017 | Stifel Nicolaus | Boost Price Target | Hold -> Hold | $76.00 -> $90.00 | N/A | |
| 9/10/2017 | Piper Jaffray Companies | Reiterated Rating | Hold | $80.00 | Low | |
| 7/7/2017 | Sidoti | Reiterated Rating | Buy | $100.00 -> $107.00 | Low | |
| 5/24/2016 | Seaport Global Securities | Initiated Coverage | Neutral | $67.00 | N/A | |
| 4/14/2016 | Sterne Agee CRT | Reiterated Rating | Neutral | $69.00 | N/A | |
| 4/2/2016 | Wedbush | Reiterated Rating | Hold | | N/A | |
(Data available from 10/19/2015 forward)
Earnings History for Lindsay Corporation (NYSE:LNN)Earnings History by Quarter for Lindsay Corporation (NYSE LNN)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/19/2017 | | $0.41 | | | | | N/A | |
| 10/12/2017 | Q4 2017 | $0.41 | $0.59 | $134.83 million | $131.94 million | View | N/A | |
| 6/29/2017 | Q3 2017 | $0.95 | $1.02 | $145.30 million | $151.50 million | View | N/A | |
| 3/30/2017 | Q2 2017 | $0.40 | $0.47 | $119.12 million | $124.10 million | View | N/A | |
| 12/21/2016 | Q117 | $0.61 | $0.08 | $121.29 million | $110.39 million | View | N/A | |
| 10/13/2016 | Q416 | $0.44 | $0.73 | $113.38 million | $132.90 million | View | Listen | |
| 6/30/2016 | Q316 | $0.99 | $0.90 | $147.70 million | $141.32 million | View | Listen | |
| 3/31/2016 | Q216 | $0.56 | ($0.37) | $126.67 million | $120.57 million | View | Listen | |
| 12/23/2015 | Q116 | $0.55 | $0.62 | $130.41 million | $121.62 million | View | Listen | |
| 10/15/2015 | Q415 | $0.55 | $0.42 | $129.07 million | $123.50 million | View | Listen | |
| 6/25/2015 | Q315 | $0.76 | $1.10 | $151.68 million | $160.71 million | View | Listen | |
| 3/25/2015 | Q215 | $1.13 | $0.75 | $156.65 million | $141.10 million | View | N/A | |
| 1/6/2015 | Q115 | $0.76 | $0.62 | $140.08 million | $134.85 million | View | N/A | |
| 10/9/2014 | Q414 | $0.57 | $0.89 | $126.42 million | $147.52 million | View | N/A | |
| 6/25/2014 | Q314 | $1.43 | $1.28 | $184.29 million | $169.90 million | View | N/A | |
| 3/26/2014 | Q214 | $1.13 | $1.04 | $162.89 million | $152.80 million | View | N/A | |
| 1/2/2014 | Q114 | $0.89 | $0.79 | $142.19 million | $147.70 million | View | N/A | |
| 10/10/2013 | Q413 | $0.91 | $0.81 | $155.68 million | $148.40 million | View | N/A | |
| 6/26/2013 | Q3 2013 | $1.80 | $2.01 | $208.11 million | $219.50 million | View | N/A | |
| 3/27/2013 | Q2 2013 | $1.30 | $1.50 | $163.26 million | $175.50 million | View | N/A | |
| 1/8/2013 | Q1 2013 | $0.75 | $1.15 | $131.98 million | $147.40 million | View | N/A | |
| 10/17/2012 | | $0.75 | $0.68 | | | View | N/A | |
| 6/27/2012 | | $1.36 | $1.47 | | | View | N/A | |
| 3/28/2012 | | $0.81 | $1.00 | | | View | N/A | |
| 12/21/2011 | | $0.46 | $0.23 | | | View | N/A | |
| 3/30/2011 | | $0.71 | $0.89 | | | View | N/A | |
| 12/22/2010 | | $0.49 | $0.34 | $88.97 million | $89.20 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Lindsay Corporation (NYSE:LNN)2017 EPS Consensus Estimate: $2.57
2018 EPS Consensus Estimate: $2.87
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $0.08 | $0.68 | $0.47 |
| Q2 2017 | 4 | $0.23 | $1.16 | $0.54 |
| Q3 2017 | 3 | $0.79 | $1.04 | $0.93 |
| Q4 2017 | 3 | $0.61 | $0.64 | $0.63 |
| Q1 2018 | 3 | $0.28 | $0.41 | $0.32 |
| Q2 2018 | 3 | $0.52 | $0.66 | $0.60 |
| Q3 2018 | 3 | $1.18 | $1.26 | $1.22 |
| Q4 2018 | 3 | $0.63 | $0.78 | $0.72 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Lindsay Corporation (NYSE:LNN)| Next Dividend: | 11/30/2017 |
| Annual Dividend: | $1.20 |
| Dividend Yield: | 1.32% |
| Dividend Growth: | 32.50% (3 Year Average) |
| Payout Ratio: | 55.56% (Trailing 12 Months of Earnings)
40.40% (Based on This Year's Estimates)
33.33% (Based on Next Year's Estimates)
|
| Track Record: | 14 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Lindsay Corporation (NYSE LNN)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 10/12/2017 | quarterly | $0.30 | 1.37% | 11/15/2017 | 11/16/2017 | 11/30/2017 |
| 7/19/2017 | quarterly | $0.30 | 1.28% | 8/15/2017 | 8/17/2017 | 8/31/2017 |
| 4/28/2017 | quarterly | $0.29 | 1.33% | 5/15/2017 | 5/17/2017 | 5/31/2017 |
| 12/2/2016 | quarterly | $0.29 | 1.36% | 2/10/2017 | 2/14/2017 | 2/28/2017 |
| 9/23/2016 | quarterly | $0.29 | 1.59% | 11/14/2016 | 11/16/2016 | 11/30/2016 |
| 7/21/2016 | quarterly | $0.29 | 1.7% | 8/15/2016 | 8/17/2016 | 8/31/2016 |
| 5/2/2016 | quarterly | $0.28 | 1.52% | 5/13/2016 | 5/17/2016 | 5/31/2016 |
| 12/9/2015 | quarterly | $0.28 | 1.62% | 2/10/2016 | 2/15/2016 | 2/29/2016 |
| 9/25/2015 | quarterly | $0.28 | 1.67% | 11/12/2015 | 11/16/2015 | 11/30/2015 |
| 7/22/2015 | quarterly | $0.28 | 1.27% | 8/13/2015 | 8/17/2015 | 8/31/2015 |
| 4/30/2015 | quarterly | $0.27 | 1.38% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 12/5/2014 | quarterly | $0.27 | 1.23% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
| 9/25/2014 | quarterly | $0.27 | 1.42% | 11/12/2014 | 11/14/2014 | 11/28/2014 |
| 7/25/2014 | quarterly | $0.27 | 1.29% | 8/13/2014 | 8/15/2014 | 8/29/2014 |
| 5/5/2014 | quarterly | $0.26 | 1.22% | 5/14/2014 | 5/16/2014 | 5/30/2014 |
| 1/3/2014 | quarterly | $0.26 | 1.25% | 2/12/2014 | 2/14/2014 | 2/28/2014 |
| 10/2/2013 | quarterly | $0.13 | 0.65% | 11/13/2013 | 11/15/2013 | 11/29/2013 |
| 7/25/2013 | quarterly | $0.13 | 0.69% | 8/14/2013 | 8/16/2013 | 8/30/2013 |
| 5/3/2013 | quarterly | $0.12 | 0.6% | 5/15/2013 | 5/17/2013 | 5/31/2013 |
| 12/9/2012 | quarterly | $0.12 | 0.61% | 2/12/2013 | 2/14/2013 | 2/28/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Lindsay Corporation (NYSE:LNN)Insider Ownership Percentage: 3.10%
Institutional Ownership Percentage: 97.44%
Insider Trades by Quarter for Lindsay Corporation (NYSE:LNN)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/27/2017 | Rick Parod | Insider | Sell | 77,387 | $91.47 | $7,078,588.89 | |
| 7/3/2017 | David B. Downing | Insider | Sell | 7,000 | $89.28 | $624,960.00 | |
| 4/6/2017 | Rick Parod | Insider | Sell | 40,241 | $85.58 | $3,443,824.78 | |
| 4/3/2017 | David B. Downing | Insider | Sell | 5,000 | $87.33 | $436,650.00 | |
| 5/12/2016 | Brian L Ketcham | CFO | Buy | 500 | $69.39 | $34,695.00 | |
| 4/2/2014 | Rick Parod | CEO | Sell | 20,000 | $86.45 | $1,729,000.00 | |
| 4/11/2013 | Howard Buffett | Director | Sell | 1,635 | $82.20 | $134,397.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Lindsay Corporation (NYSE:LNN)
Latest Headlines for Lindsay Corporation (NYSE:LNN)
| Source: |
|
| Date | Headline |
|---|
 | ETFs with exposure to Lindsay Corp. : October 18, 2017
finance.yahoo.com - October 18 at 3:23 PM |
| Lindsay Corp. :LNN-US: Earnings Analysis: Q4, 2017 By the Numbers : October 17, 2017
finance.yahoo.com - October 18 at 6:39 AM |
 | Lindsay Corporation (LNN) to Post FY2018 Earnings of $3.15 Per Share, Gabelli Forecasts
www.americanbankingnews.com - October 17 at 12:48 PM |
| Lindsay Corp. – Value Analysis (NYSE:LNN) : October 16, 2017
finance.yahoo.com - October 16 at 3:17 PM |
| Seaport Global Securities Comments on Lindsay Corporation's Q2 2018 Earnings (LNN)
www.americanbankingnews.com - October 16 at 6:26 AM |
| Lindsay Corporation (LNN) to Post Q1 2018 Earnings of $0.41 Per Share, William Blair Forecasts
www.americanbankingnews.com - October 16 at 5:38 AM |
| Lindsay Corporation (LNN) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - October 15 at 6:44 AM |
| Lindsay Corp. breached its 50 day moving average in a Bearish Manner : LNN-US : October 13, 2017
finance.yahoo.com - October 15 at 12:58 AM |
 | Lindsay Corp's (LNN) CEO Rick Parod on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - October 14 at 1:42 AM |
| Lindsay Corp (LNN) Files 10-K for the Fiscal Year Ended on August 31, 2017
finance.yahoo.com - October 14 at 1:42 AM |
| Lindsay Corporation (LNN) Releases Quarterly Earnings Results, Beats Expectations By $0.18 EPS
www.americanbankingnews.com - October 14 at 12:50 AM |
| Lindsay Corporation (LNN) Stock Rating Reaffirmed by Boenning Scattergood
www.americanbankingnews.com - October 13 at 7:34 PM |
| Lindsay Corporation (LNN) PT Raised to $90.00
www.americanbankingnews.com - October 13 at 8:22 AM |
| Lindsay Corporation Reports Fiscal 2017 Fourth Quarter and Full Year Results
finance.yahoo.com - October 13 at 6:30 AM |
| Lindsay Corporation Reports Fiscal 2017 Fourth Quarter and Full Year Results
finance.yahoo.com - October 13 at 6:30 AM |
| Lindsay misses Street 4Q forecasts
finance.yahoo.com - October 13 at 6:30 AM |
| Lindsay misses Street 4Q forecasts
finance.yahoo.com - October 13 at 6:30 AM |
| Investor Network: Lindsay Corporation to Host Earnings Call
finance.yahoo.com - October 13 at 6:30 AM |
| Investor Network: Lindsay Corporation to Host Earnings Call
finance.yahoo.com - October 13 at 6:30 AM |
| Lindsay Corporation Announces Quarterly Cash Dividend
finance.yahoo.com - October 13 at 6:30 AM |
| Lindsay Corporation Announces Quarterly Cash Dividend
finance.yahoo.com - October 13 at 6:30 AM |
| Lindsay Corporation Announces Quarterly Dividend of $0.30 (LNN)
www.americanbankingnews.com - October 12 at 5:17 PM |
| Lindsay -5% after missing on earnings, revenue
seekingalpha.com - October 12 at 10:58 AM |
| Lindsay Corporation Announces Fiscal 2017 Fourth Quarter and Year-End Earnings Conference Call and Webcast
finance.yahoo.com - October 5 at 8:45 AM |
| Zacks: Brokerages Anticipate Lindsay Corporation (LNN) Will Announce Quarterly Sales of $134.83 Million
www.americanbankingnews.com - October 5 at 5:06 AM |
| Lindsay Corporation (LNN) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - October 4 at 1:22 AM |
| Why Should You Hold on to Lindsay (LNN) Stock Right Now?
finance.yahoo.com - September 21 at 4:00 PM |
| Lindsay Corporation (LNN) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - September 20 at 6:34 AM |
| Lindsay Corp. breached its 50 day moving average in a Bullish Manner : LNN-US : September 18, 2017
finance.yahoo.com - September 18 at 8:01 PM |
 | Barings Provides Financing for Lindsay Goldberg Acquisition of Golden West Packaging
feeds.benzinga.com - September 18 at 12:35 PM |
| Lindsay Corporation (LNN) Expected to Post Quarterly Sales of $134.83 Million
www.americanbankingnews.com - September 16 at 1:38 AM |
| Lindsay Corp. : LNN-US: Dividend Analysis : August 17th, 2017 (record date) : By the numbers : September 14, 2017
finance.yahoo.com - September 15 at 6:08 AM |
| Even Conservatives Skeptical About Cassidy-Graham Trumpcare Bill
finance.yahoo.com - September 13 at 6:07 AM |
| Lindsay Corporation's (LNN) Hold Rating Reiterated at Piper Jaffray Companies
www.americanbankingnews.com - September 10 at 9:54 AM |
| Analyzing Deere & (DE) and Lindsay Corporation (LNN)
www.americanbankingnews.com - August 28 at 4:24 AM |
| Lindsay Corp. – Value Analysis (NYSE:LNN) : August 23, 2017
finance.yahoo.com - August 24 at 8:46 AM |
| Lindsay Corporation (LNN) Rating Reiterated by Stifel Nicolaus
www.americanbankingnews.com - August 18 at 5:42 PM |
| Lindsay Corp. breached its 50 day moving average in a Bearish Manner : LNN-US : August 11, 2017
finance.yahoo.com - August 12 at 2:50 AM |
| Comparing Lindsay Corporation (NYSE:LNN) & Deere & (DE)
www.americanbankingnews.com - August 10 at 10:24 PM |
| Reviewing Lindsay Corporation (LNN) & Deere & (DE)
www.americanbankingnews.com - August 8 at 8:30 AM |
| Piper Jaffray Companies Analysts Give Lindsay Corporation (NYSE:LNN) a $80.00 Price Target
www.americanbankingnews.com - August 6 at 8:56 AM |
| Lindsay Corporation (LNN) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 1 at 9:23 AM |
| Why Is Lindsay (LNN) Up 5.4% Since the Last Earnings Report?
finance.yahoo.com - July 31 at 4:55 AM |
| Lindsay Corporation (NYSE:LNN) Insider Sells $7,078,588.89 in Stock
www.americanbankingnews.com - July 27 at 7:38 PM |
| $134.83 Million in Sales Expected for Lindsay Corporation (NYSE:LNN) This Quarter
www.americanbankingnews.com - July 21 at 1:56 PM |
| Lindsay Corporation Increases Cash Dividend
finance.yahoo.com - July 20 at 12:29 AM |
| Analysts Expect Lindsay Corporation (NYSE:LNN) to Announce $0.65 Earnings Per Share
www.americanbankingnews.com - July 19 at 8:16 PM |
| Lindsay Corporation (LNN) Increases Dividend to $0.30 Per Share
www.americanbankingnews.com - July 19 at 11:05 AM |
 | Lindaay Corp. (LNN) Appoints Timothy Hassinger As New CEO & President
www.streetinsider.com - July 18 at 4:47 PM |
| Lindsay Corporation Names Timothy Hassinger as New Chief Executive Officer and President
finance.yahoo.com - July 18 at 4:47 PM |
Lindsay Corporation (LNN) Chart for Thursday, October, 19, 2017
