NYSE:LNN Lindsay (LNN) Stock Forecast, Price & News $121.77 -2.97 (-2.38%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$118.69▼$124.5250-Day Range$116.75▼$151.2852-Week Range$116.16▼$183.08Volume72,231 shsAverage Volume99,339 shsMarket Capitalization$1.34 billionP/E Ratio16.96Dividend Yield1.12%Price Target$154.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Lindsay MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside27.1% Upside$154.75 Price TargetShort InterestHealthy2.99% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.25Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-8.32%From $6.85 to $6.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.80 out of 5 starsIndustrial Products Sector10th out of 175 stocksFarm Machinery & Equipment Industry1st out of 4 stocks 3.2 Analyst's Opinion Consensus RatingLindsay has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $154.75, Lindsay has a forecasted upside of 27.1% from its current price of $121.77.Amount of Analyst CoverageLindsay has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.99% of the outstanding shares of Lindsay have been sold short.Short Interest Ratio / Days to CoverLindsay has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Lindsay has recently decreased by 11.87%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldLindsay pays a meaningful dividend of 1.09%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLindsay has been increasing its dividend for 20 years.Dividend CoverageThe dividend payout ratio of Lindsay is 18.94%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Lindsay will have a dividend payout ratio of 21.66% next year. This indicates that Lindsay will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LNN. Previous Next 2.4 News and Social Media Coverage News SentimentLindsay has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Lindsay this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for LNN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Lindsay to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lindsay insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.10% of the stock of Lindsay is held by insiders.Percentage Held by Institutions84.79% of the stock of Lindsay is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Lindsay are expected to decrease by -8.32% in the coming year, from $6.85 to $6.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lindsay is 16.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Lindsay is 16.96, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.72.Price to Earnings Growth RatioLindsay has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioLindsay has a P/B Ratio of 3.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Lindsay (NYSE:LNN) StockLindsay Corp. engages in the manufacture and distribution of irrigation and infrastructure equipment and technology. It operates through the Irrigation and Infrastructure segments. The Irrigation segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, as well as various innovative technology solutions such as GPS positioning and guidance, variable rate irrigation, wireless irrigation management, M2M communication technology, and smartphone applications. The Infrastructure segment involves the manufacture and marketing of moveable barriers, specialty barriers, crash cushions and end terminals, and road marking and road safety equipment, the manufacture and sale of large diameter steel tubing and railroad signals and structures, and the provision of outsourced manufacturing and production services. The company was founded in 1955 and is headquartered in Omaha, NE.Read More Receive LNN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lindsay and its competitors with MarketBeat's FREE daily newsletter. Email Address LNN Stock News HeadlinesMay 31, 2023 | finance.yahoo.comLindsay Corporation to Present at the William Blair 43rd Annual Growth Stock ConferenceMay 29, 2023 | finance.yahoo.comStrong Demand to Aid Lindsay (LNN) Amid Supply-Chain WoesJune 5, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 25, 2023 | markets.businessinsider.comLindsay, Pessl Instruments Announce Global Partnership - Quick FactsMay 25, 2023 | msn.comLindsay, Pessl Instruments enter field monitoring system pactMay 25, 2023 | finance.yahoo.comLindsay Corporation and Pessl Instruments Announce Strategic PartnershipMay 25, 2023 | fool.comLindsay (NYSE: LNN)May 16, 2023 | marketwatch.comHow the price action of Lindsay ($LNN) is used to our AdvantageJune 5, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 11, 2023 | finance.yahoo.comLindsay Corporation (NYSE:LNN) Looks Like A Good Stock, And It's Going Ex-Dividend SoonApril 24, 2023 | finance.yahoo.comWill Weakness in Lindsay Corporation's (NYSE:LNN) Stock Prove Temporary Given Strong Fundamentals?April 8, 2023 | americanbankingnews.comLindsay (NYSE:LNN) Price Target Cut to $143.00 by Analysts at Roth MkmApril 7, 2023 | finance.yahoo.comLindsay Second Quarter 2023 Earnings: EPS Beats Expectations, Revenues LagApril 7, 2023 | americanbankingnews.comLindsay (NYSE:LNN) Sees Unusually-High Trading Volume After Strong EarningsApril 6, 2023 | americanbankingnews.comLindsay (NYSE:LNN) Releases Quarterly Earnings Results, Beats Expectations By $0.20 EPSApril 6, 2023 | americanbankingnews.comLindsay Co. (NYSE:LNN) Plans Quarterly Dividend of $0.34April 5, 2023 | finance.yahoo.comLindsay (LNN) Earnings Beat Estimates in Q2, Revenues Dip Y/YApril 5, 2023 | americanbankingnews.comLindsay (NYSE:LNN) Price Target Cut to $166.00 by Analysts at Stifel NicolausApril 4, 2023 | finance.yahoo.comWhy Lindsay Corporation Plunged TodayApril 4, 2023 | seekingalpha.comLindsay Corporation 2023 Q2 - Results - Earnings Call PresentationApril 4, 2023 | finance.yahoo.comLindsay Corporation Reports Second Quarter Fiscal 2023 ResultsApril 3, 2023 | americanbankingnews.comLindsay (LNN) Scheduled to Post Quarterly Earnings on TuesdayApril 2, 2023 | seekingalpha.comLindsay Corporation: A Quality GARP Candidate, Robust Earnings Growth ExpectedMarch 25, 2023 | fortune.comBitcoin rally stalls as crypto dragnet ensnares Coinbase, Do Kwon, and Lindsay Lohan: ‘We will see more enforcement news like this’March 22, 2023 | bizjournals.comBitTorrent owner Rainberry, Justin Sun charged with fraud by SECMarch 22, 2023 | ft.comLindsay Lohan, Jake Paul charged by SEC over Justin Sun crypto schemeMarch 22, 2023 | wsj.comLindsay Lohan, Jake Paul Illegally Touted Crypto Assets, SEC SaysSee More Headlines LNN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LNN Company Calendar Last Earnings4/04/2023Ex-Dividend for 5/31 Dividend5/16/2023Dividend Payable5/31/2023Today6/05/2023Next Earnings (Estimated)6/29/2023Fiscal Year End8/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Farm machinery & equipment Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorIndustrial Products Current SymbolNYSE:LNN CUSIP53555510 CIK836157 Webwww.lindsay.com Phone(402) 829-6800Fax402-829-6834Employees1,262Year Founded1955Price Target and Rating Average Stock Price Forecast$154.75 High Stock Price Forecast$166.00 Low Stock Price Forecast$143.00 Forecasted Upside/Downside+24.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$7.18 Trailing P/E Ratio17.31 Forward P/E Ratio18.14 P/E Growth0.96Net Income$65.47 million Net Margins10.61% Pretax Margin14.59% Return on Equity19.80% Return on Assets11.16% Debt Debt-to-Equity Ratio0.27 Current Ratio3.62 Quick Ratio2.27 Sales & Book Value Annual Sales$770.74 million Price / Sales1.78 Cash Flow$8.18 per share Price / Cash Flow15.19 Book Value$35.83 per share Price / Book3.47Miscellaneous Outstanding Shares11,010,000Free Float10,887,000Market Cap$1.37 billion OptionableOptionable Beta0.61 Social Links Key ExecutivesRandy A. WoodPresident, Chief Executive Officer & DirectorRichard A. HaroldSenior Vice President-Global OperationsBrian L. KetchamChief Financial Officer & Senior Vice PresidentMelissa G. MorenoChief Information Officer & Senior Vice PresidentEric R. ArnesonSecretary, Senior Vice President & General CounselKey CompetitorsAlamo GroupNYSE:ALGH&E Equipment ServicesNASDAQ:HEESTennantNYSE:TNCNapco Security TechnologiesNASDAQ:NSSCEnergy RecoveryNASDAQ:ERIIView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCSold 1,102 shares on 6/1/2023Ownership: 0.013%ProShare Advisors LLCBought 7,863 shares on 5/26/2023Ownership: 0.554%Ameriprise Financial Inc.Bought 2,176 shares on 5/22/2023Ownership: 0.406%JPMorgan Chase & Co.Sold 105 shares on 5/18/2023Ownership: 0.202%New York State Common Retirement FundSold 2,772 shares on 5/18/2023Ownership: 0.052%View All Institutional Transactions LNN Stock - Frequently Asked Questions Should I buy or sell Lindsay stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lindsay in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LNN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LNN, but not buy additional shares or sell existing shares. View LNN analyst ratings or view top-rated stocks. What is Lindsay's stock price forecast for 2023? 3 brokerages have issued 1 year price targets for Lindsay's stock. Their LNN share price forecasts range from $143.00 to $166.00. On average, they predict the company's stock price to reach $154.75 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price. View analysts price targets for LNN or view top-rated stocks among Wall Street analysts. How have LNN shares performed in 2023? Lindsay's stock was trading at $162.85 at the beginning of 2023. Since then, LNN shares have decreased by 23.7% and is now trading at $124.26. View the best growth stocks for 2023 here. When is Lindsay's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 29th 2023. View our LNN earnings forecast. How were Lindsay's earnings last quarter? Lindsay Co. (NYSE:LNN) posted its quarterly earnings results on Tuesday, April, 4th. The industrial products company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.20. The industrial products company earned $166.20 million during the quarter, compared to the consensus estimate of $192.62 million. Lindsay had a net margin of 10.61% and a trailing twelve-month return on equity of 19.80%. The company's revenue was down 16.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.32 earnings per share. How often does Lindsay pay dividends? What is the dividend yield for Lindsay? Lindsay announced a quarterly dividend on Wednesday, April 5th. Investors of record on Wednesday, May 17th will be paid a dividend of $0.34 per share on Wednesday, May 31st. This represents a $1.36 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Tuesday, May 16th. Read our dividend analysis for LNN. What ETFs hold Lindsay's stock? ETFs with the largest weight of Lindsay (NYSE:LNN) stock in their portfolio include VanEck Future of Food ETF (YUMY), First Trust Water ETF (FIW), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco Water Resources ETF (PHO), ProShares Russell 2000 Dividend Growers ETF (SMDV), iShares Environmental Infrastructure and Industrials ETF (EFRA), Invesco S&P SmallCap 600 Pure Growth ETF (RZG) and Ecofin Global Water ESG Fund (EBLU). Is Lindsay a good dividend stock? Lindsay (NYSE:LNN) pays an annual dividend of $1.36 per share and currently has a dividend yield of 1.09%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 18.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LNN will have a dividend payout ratio of 21.66% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LNN. What is Tim Hassinger's approval rating as Lindsay's CEO? 18 employees have rated Lindsay Chief Executive Officer Tim Hassinger on Glassdoor.com. Tim Hassinger has an approval rating of 48% among the company's employees. This puts Tim Hassinger in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Lindsay own? Based on aggregate information from My MarketBeat watchlists, some companies that other Lindsay investors own include Enterprise Products Partners (EPD), Boeing (BA), Altria Group (MO), Valmont Industries (VMI), Broadcom (AVGO), Gilead Sciences (GILD), International Business Machines (IBM), Marathon Petroleum (MPC), Skyworks Solutions (SWKS) and AT&T (T). What is Lindsay's stock symbol? Lindsay trades on the New York Stock Exchange (NYSE) under the ticker symbol "LNN." Who are Lindsay's major shareholders? Lindsay's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.61%), State Street Corp (3.54%), Royce & Associates LP (3.51%), Dimensional Fund Advisors LP (2.64%), KBC Group NV (2.35%) and Nuance Investments LLC (1.99%). Insiders that own company stock include James Scott Marion, Michael Christodolou and Michael Nahl. View institutional ownership trends. How do I buy shares of Lindsay? Shares of LNN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Lindsay's stock price today? One share of LNN stock can currently be purchased for approximately $124.26. How much money does Lindsay make? Lindsay (NYSE:LNN) has a market capitalization of $1.37 billion and generates $770.74 million in revenue each year. The industrial products company earns $65.47 million in net income (profit) each year or $7.18 on an earnings per share basis. How many employees does Lindsay have? The company employs 1,262 workers across the globe. How can I contact Lindsay? Lindsay's mailing address is 18135 Burke Street Suite 100, Omaha NE, 68022. The official website for the company is www.lindsay.com. The industrial products company can be reached via phone at (402) 829-6800, via email at lnn@alpha-ir.com, or via fax at 402-829-6834. This page (NYSE:LNN) was last updated on 6/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Lindsay Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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