Lindsay Corporation Company Profile (NYSE:LNN)

About Lindsay Corporation (NYSE:LNN)

Lindsay Corporation logoLindsay 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: $959.24 million
  • Outstanding Shares: 10,690,000
Average Prices:
  • 50 Day Moving Avg: $87.44
  • 200 Day Moving Avg: $86.44
  • 52 Week Range: $69.11 - $95.04
P/E:
  • Trailing P/E Ratio: 38.98
  • Foreward P/E Ratio: 30.07
  • P/E Growth: 3.33
Sales & Book Value:
  • Annual Revenue: $518.94 million
  • Price / Sales: 1.90
  • Book Value: $24.67 per share
  • Price / Book: 3.73
Dividend:
  • Annual Dividend: $1.20
  • Dividend Yield: 1.3%
Profitability:
  • EBIDTA: $57.11 million
  • Net Margins: 4.75%
  • Return on Equity: 9.69%
  • Return on Assets: 4.97%
Debt:
  • Debt-to-Equity Ratio: 0.44%
  • Current Ratio: 2.97%
  • Quick Ratio: 2.11%
Misc:
  • Average Volume: 76,441 shs.
  • Beta: 0.46
  • 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 Wednesday, July 19th. Investors of record on Thursday, August 17th will be paid a dividend of $0.30 per share on Thursday, August 31st. This represents a $1.20 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Tuesday, August 15th. This is an increase from Lindsay Corporation's previous quarterly dividend of $0.29. View Lindsay Corporation's Dividend History.

How were Lindsay Corporation's earnings last quarter?

Lindsay Corporation (NYSE:LNN) released its earnings results on Thursday, June, 29th. The company reported $1.02 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.95 by $0.07. The firm earned $151.50 million during the quarter, compared to analyst estimates of $145.30 million. Lindsay Corporation had a return on equity of 9.69% and a net margin of 4.75%. Lindsay Corporation's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.90 earnings per share. View Lindsay Corporation's Earnings History.

When will Lindsay Corporation make its next earnings announcement?

Lindsay Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 12th 2017. View Earnings Estimates for Lindsay Corporation.

Where is Lindsay Corporation's stock going? Where will Lindsay Corporation's stock price be in 2017?

4 equities research analysts have issued 1-year price objectives for Lindsay Corporation's shares. Their forecasts range from $76.00 to $107.00. On average, they anticipate Lindsay Corporation's stock price to reach $87.67 in the next twelve months. View Analyst Ratings for Lindsay Corporation.

Who are some of Lindsay Corporation's key competitors?

Who are Lindsay Corporation's key executives?

Lindsay Corporation's management team includes the folowing people:

  • Michael N. Christodolou, Presiding Independent Chairman of the Board
  • Richard W. Parod, President, Chief Executive Officer, Director
  • Randy A. Wood, President – Agricultural Irrigation Division
  • David B. Downing, Executive Vice President
  • Robert E. Brunner, Independent Director
  • Howard Graham Buffett, Independent Director
  • W. Thomas Jagodinski, Independent Director
  • Michael C. Nahl, Independent Director
  • David B. Rayburn, Independent Director

Who owns Lindsay Corporation stock?

Lindsay Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.24%), Vanguard Group Inc. (9.49%), Royce & Associates LP (9.01%), Neuberger Berman Group LLC (7.16%), Shapiro Capital Management LLC (6.42%) and Bank of New York Mellon Corp (4.23%). Company insiders that own Lindsay Corporation stock include Brian L Ketcham, David B Downing and Rick Parod. View Institutional Ownership Trends for Lindsay Corporation.

Who sold Lindsay Corporation stock? Who is selling Lindsay Corporation stock?

Lindsay Corporation's stock was sold by a variety of institutional investors in the last quarter, including Shapiro Capital Management LLC, Parametric Portfolio Associates LLC, Great Lakes Advisors LLC, Schroder Investment Management Group, Neuberger Berman Group LLC, Bank of New York Mellon Corp, BlackRock Inc. and Fenimore Asset Management Inc.. Company insiders that have sold Lindsay Corporation stock in the last year include David B Downing and Rick Parod. View Insider Buying and Selling for Lindsay Corporation.

Who bought Lindsay Corporation stock? Who is buying Lindsay Corporation stock?

Lindsay Corporation's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Nuance Investments LLC, Quantitative Investment Management LLC, SG Capital Management LLC, Royce & Associates LP, State Street Corp, Renaissance Technologies LLC and Trexquant Investment LP. View Insider Buying and Selling for Lindsay Corporation.

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 $92.01.


MarketBeat Community Rating for Lindsay Corporation (NYSE LNN)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  88 (Vote Outperform)
Underperform Votes:  202 (Vote Underperform)
Total Votes:  290
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.

Analyst Ratings

Consensus Ratings for Lindsay Corporation (NYSE:LNN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $87.67 (4.72% downside)

Analysts' Ratings History for Lindsay Corporation (NYSE:LNN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/10/2017Piper Jaffray CompaniesReiterated RatingHold$80.00LowView Rating Details
8/18/2017Stifel NicolausSet Price TargetHold$76.00LowView Rating Details
7/7/2017SidotiReiterated RatingBuy$100.00 -> $107.00LowView Rating Details
6/29/2017Boenning ScattergoodReiterated RatingHoldHighView Rating Details
5/24/2016Seaport Global SecuritiesInitiated CoverageNeutral$67.00N/AView Rating Details
4/14/2016Sterne Agee CRTReiterated RatingNeutral$69.00N/AView Rating Details
4/2/2016WedbushReiterated RatingHoldN/AView Rating Details
(Data available from 9/21/2015 forward)

Earnings

Earnings History for Lindsay Corporation (NYSE:LNN)
Earnings by Quarter for Lindsay Corporation (NYSE:LNN)
Earnings History by Quarter for Lindsay Corporation (NYSE LNN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/11/2017$0.64N/AView Earnings Details
6/29/2017Q3 2017$0.95$1.02$145.30 million$151.50 millionViewN/AView Earnings Details
3/30/2017Q2 2017$0.40$0.47$119.12 million$124.10 millionViewN/AView Earnings Details
12/21/2016Q117$0.61$0.08$121.29 million$110.39 millionViewN/AView Earnings Details
10/13/2016Q416$0.44$0.73$113.38 million$132.90 millionViewListenView Earnings Details
6/30/2016Q316$0.99$0.90$147.70 million$141.32 millionViewListenView Earnings Details
3/31/2016Q216$0.56($0.37)$126.67 million$120.57 millionViewListenView Earnings Details
12/23/2015Q116$0.55$0.62$130.41 million$121.62 millionViewListenView Earnings Details
10/15/2015Q415$0.55$0.42$129.07 million$123.50 millionViewListenView Earnings Details
6/25/2015Q315$0.76$1.10$151.68 million$160.71 millionViewListenView Earnings Details
3/25/2015Q215$1.13$0.75$156.65 million$141.10 millionViewN/AView Earnings Details
1/6/2015Q115$0.76$0.62$140.08 million$134.85 millionViewN/AView Earnings Details
10/9/2014Q414$0.57$0.89$126.42 million$147.52 millionViewN/AView Earnings Details
6/25/2014Q314$1.43$1.28$184.29 million$169.90 millionViewN/AView Earnings Details
3/26/2014Q214$1.13$1.04$162.89 million$152.80 millionViewN/AView Earnings Details
1/2/2014Q114$0.89$0.79$142.19 million$147.70 millionViewN/AView Earnings Details
10/10/2013Q413$0.91$0.81$155.68 million$148.40 millionViewN/AView Earnings Details
6/26/2013Q3 2013$1.80$2.01$208.11 million$219.50 millionViewN/AView Earnings Details
3/27/2013Q2 2013$1.30$1.50$163.26 million$175.50 millionViewN/AView Earnings Details
1/8/2013Q1 2013$0.75$1.15$131.98 million$147.40 millionViewN/AView Earnings Details
10/17/2012$0.75$0.68ViewN/AView Earnings Details
6/27/2012$1.36$1.47ViewN/AView Earnings Details
3/28/2012$0.81$1.00ViewN/AView Earnings Details
12/21/2011$0.46$0.23ViewN/AView Earnings Details
3/30/2011$0.71$0.89ViewN/AView Earnings Details
12/22/2010$0.49$0.34$88.97 million$89.20 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Lindsay Corporation (NYSE:LNN)
2017 EPS Consensus Estimate: $2.57
2018 EPS Consensus Estimate: $2.82
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.08$0.68$0.47
Q2 20174$0.23$1.16$0.54
Q3 20173$0.79$1.04$0.93
Q4 20173$0.61$0.64$0.63
Q1 20182$0.28$0.28$0.28
Q2 20183$0.56$0.66$0.62
Q3 20183$1.10$1.24$1.17
Q4 20183$0.63$0.83$0.75
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Lindsay Corporation (NYSE:LNN)
Most Recent Dividend:8/31/2017
Annual Dividend:$1.20
Dividend Yield:1.30%
Dividend Growth:32.50% (3 Year Average)
Payout Ratio:52.17% (Trailing 12 Months of Earnings)
53.10% (Based on This Year's Estimates)
39.22% (Based on Next Year's Estimates)
Track Record:14 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Lindsay Corporation (NYSE:LNN)

Dividend History by Quarter for Lindsay Corporation (NYSE LNN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/19/2017quarterly$0.301.28%8/15/20178/17/20178/31/2017
4/28/2017quarterly$0.291.33%5/15/20175/17/20175/31/2017
12/2/2016quarterly$0.291.36%2/10/20172/14/20172/28/2017
9/23/2016quarterly$0.291.59%11/14/201611/16/201611/30/2016
7/21/2016quarterly$0.291.7%8/15/20168/17/20168/31/2016
5/2/2016quarterly$0.281.52%5/13/20165/17/20165/31/2016
12/9/2015quarterly$0.281.62%2/10/20162/15/20162/29/2016
9/25/2015quarterly$0.281.67%11/12/201511/16/201511/30/2015
7/22/2015quarterly$0.281.27%8/13/20158/17/20158/31/2015
4/30/2015quarterly$0.271.38%5/13/20155/15/20155/29/2015
12/5/2014quarterly$0.271.23%2/11/20152/13/20152/27/2015
9/25/2014quarterly$0.271.42%11/12/201411/14/201411/28/2014
7/25/2014quarterly$0.271.29%8/13/20148/15/20148/29/2014
5/5/2014quarterly$0.261.22%5/14/20145/16/20145/30/2014
1/3/2014quarterly$0.261.25%2/12/20142/14/20142/28/2014
10/2/2013quarterly$0.130.65%11/13/201311/15/201311/29/2013
7/25/2013quarterly$0.130.69%8/14/20138/16/20138/30/2013
5/3/2013quarterly$0.120.6%5/15/20135/17/20135/31/2013
12/9/2012quarterly$0.120.61%2/12/20132/14/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

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)
Institutional Ownership by Quarter for Lindsay Corporation (NYSE:LNN)
Insider Trades by Quarter for Lindsay Corporation (NYSE:LNN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/27/2017Rick ParodInsiderSell77,387$91.47$7,078,588.89View SEC Filing  
7/3/2017David B. DowningInsiderSell7,000$89.28$624,960.00View SEC Filing  
4/6/2017Rick ParodInsiderSell40,241$85.58$3,443,824.78View SEC Filing  
4/3/2017David B. DowningInsiderSell5,000$87.33$436,650.00View SEC Filing  
5/12/2016Brian L KetchamCFOBuy500$69.39$34,695.00View SEC Filing  
4/2/2014Rick ParodCEOSell20,000$86.45$1,729,000.00View SEC Filing  
4/11/2013Howard BuffettDirectorSell1,635$82.20$134,397.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Lindsay Corporation (NYSE:LNN)
Latest Headlines for Lindsay Corporation (NYSE:LNN)
Source:
DateHeadline
finance.yahoo.com logoWhy Should You Hold on to Lindsay (LNN) Stock Right Now?
finance.yahoo.com - September 21 at 4:00 PM
americanbankingnews.com logoLindsay Corporation (LNN) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - September 20 at 6:34 AM
finance.yahoo.com logoLindsay 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
feeds.benzinga.com logoBarings Provides Financing for Lindsay Goldberg Acquisition of Golden West Packaging
feeds.benzinga.com - September 18 at 12:35 PM
americanbankingnews.com logoLindsay Corporation (LNN) Expected to Post Quarterly Sales of $134.83 Million
www.americanbankingnews.com - September 16 at 1:38 AM
finance.yahoo.com logoLindsay 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
finance.yahoo.com logoEven Conservatives Skeptical About Cassidy-Graham Trumpcare Bill
finance.yahoo.com - September 13 at 6:07 AM
americanbankingnews.com logoLindsay Corporation's (LNN) Hold Rating Reiterated at Piper Jaffray Companies
www.americanbankingnews.com - September 10 at 9:54 AM
americanbankingnews.com logoZacks: Analysts Anticipate Lindsay Corporation (LNN) Will Announce Quarterly Sales of $134.83 Million
www.americanbankingnews.com - August 29 at 8:06 PM
americanbankingnews.com logoAnalyzing Deere & (DE) and Lindsay Corporation (LNN)
www.americanbankingnews.com - August 28 at 4:24 AM
americanbankingnews.com logoBidaskClub Downgrades Lindsay Corporation (LNN) to Sell
www.americanbankingnews.com - August 26 at 3:42 PM
americanbankingnews.com logoLindsay Corporation (LNN) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 26 at 6:46 AM
finance.yahoo.com logoLindsay Corp. – Value Analysis (NYSE:LNN) : August 23, 2017
finance.yahoo.com - August 24 at 8:46 AM
americanbankingnews.com logoLindsay Corporation (LNN) Rating Reiterated by Stifel Nicolaus
www.americanbankingnews.com - August 18 at 5:42 PM
finance.yahoo.com logoLindsay 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
americanbankingnews.com logoZacks: Brokerages Expect Lindsay Corporation (NYSE:LNN) Will Announce Quarterly Sales of $134.83 Million
www.americanbankingnews.com - August 11 at 7:16 PM
americanbankingnews.com logoComparing Lindsay Corporation (NYSE:LNN) & Deere & (DE)
www.americanbankingnews.com - August 10 at 10:24 PM
americanbankingnews.com logoZacks: Analysts Expect Lindsay Corporation (NYSE:LNN) to Post $0.65 Earnings Per Share
www.americanbankingnews.com - August 9 at 7:10 AM
americanbankingnews.com logoReviewing Lindsay Corporation (LNN) & Deere & (DE)
www.americanbankingnews.com - August 8 at 8:30 AM
americanbankingnews.com logoPiper Jaffray Companies Analysts Give Lindsay Corporation (NYSE:LNN) a $80.00 Price Target
www.americanbankingnews.com - August 6 at 8:56 AM
americanbankingnews.com logoLindsay Corporation (LNN) Rating Lowered to Hold at BidaskClub
www.americanbankingnews.com - August 5 at 1:34 PM
americanbankingnews.com logoLindsay Corporation (LNN) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 1 at 9:23 AM
finance.yahoo.com logoWhy Is Lindsay (LNN) Up 5.4% Since the Last Earnings Report?
finance.yahoo.com - July 31 at 4:55 AM
americanbankingnews.com logoLindsay Corporation (LNN) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - July 28 at 7:47 PM
americanbankingnews.com logoLindsay Corporation (NYSE:LNN) Insider Sells $7,078,588.89 in Stock
www.americanbankingnews.com - July 27 at 7:38 PM
americanbankingnews.com logo$134.83 Million in Sales Expected for Lindsay Corporation (NYSE:LNN) This Quarter
www.americanbankingnews.com - July 21 at 1:56 PM
finance.yahoo.com logoLindsay Corporation Increases Cash Dividend
finance.yahoo.com - July 20 at 12:29 AM
americanbankingnews.com logo Analysts Expect Lindsay Corporation (NYSE:LNN) to Announce $0.65 Earnings Per Share
www.americanbankingnews.com - July 19 at 8:16 PM
americanbankingnews.com logoLindsay Corporation (LNN) Increases Dividend to $0.30 Per Share
www.americanbankingnews.com - July 19 at 11:05 AM
streetinsider.com logoLindaay Corp. (LNN) Appoints Timothy Hassinger As New CEO & President
www.streetinsider.com - July 18 at 4:47 PM
finance.yahoo.com logoLindsay Corporation Names Timothy Hassinger as New Chief Executive Officer and President
finance.yahoo.com - July 18 at 4:47 PM
seekingalpha.com logoLindsay names Dow AgroSciences head Hassinger as new President/CEO
seekingalpha.com - July 18 at 10:55 AM
finance.yahoo.com logoEarnings Review and Free Research Report: Lindsay’s Revenue Grew 7%; EPS Jumped 13%
finance.yahoo.com - July 13 at 6:28 AM
finance.yahoo.com logoLindsay (LNN) Upgraded to Buy on Robust Irrigation Market
finance.yahoo.com - July 13 at 6:28 AM
americanbankingnews.com logoLindsay Corporation (NYSE:LNN) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - July 12 at 7:46 PM
americanbankingnews.com logoLindsay Corporation (LNN) Downgraded by BidaskClub
www.americanbankingnews.com - July 8 at 6:00 PM
finance.yahoo.com logoEdited Transcript of LNN earnings conference call or presentation 29-Jun-17 3:00pm GMT
finance.yahoo.com - July 8 at 12:18 PM
americanbankingnews.com logoLindsay Corporation (NYSE:LNN) and Titan Machinery (TITN) Head to Head Review
www.americanbankingnews.com - July 8 at 7:36 AM
americanbankingnews.com logoLindsay Corporation's (NYSE:LNN) "Buy" Rating Reiterated at Sidoti
www.americanbankingnews.com - July 7 at 11:10 PM
americanbankingnews.com logoLindsay Corporation (NYSE:LNN) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - July 7 at 12:03 PM
finance.yahoo.com logoLindsay Corporation (LNN): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - July 7 at 6:59 AM
americanbankingnews.com logoLindsay Corporation (NYSE:LNN) Insider David B. Downing Sells 7,000 Shares
www.americanbankingnews.com - July 6 at 7:22 PM
cnbc.com logoShkreli kept hedge-fund investor in dark about botched trade, misled him about auditors: testimony
www.cnbc.com - July 6 at 5:19 PM
finance.yahoo.com logoETFs with exposure to Lindsay Corp. : July 4, 2017
finance.yahoo.com - July 4 at 6:21 PM
americanbankingnews.com logoLindsay Corporation (LNN) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - July 4 at 2:54 PM
finance.yahoo.com logoLindsay Hits New 52-Week High on Strong Q3 Results & Outlook
finance.yahoo.com - July 3 at 7:57 PM
finance.yahoo.com logoLindsay Corp. :LNN-US: Earnings Analysis: Q3, 2017 By the Numbers : July 3, 2017
finance.yahoo.com - July 3 at 7:57 PM
americanbankingnews.com logoLindsay Corporation's (NYSE:LNN) "Neutral" Rating Reaffirmed at Piper Jaffray Companies
www.americanbankingnews.com - July 3 at 9:02 AM
americanbankingnews.com logoWilliam Blair Weighs in on Lindsay Corporation's FY2017 Earnings (LNN)
www.americanbankingnews.com - July 3 at 8:00 AM
americanbankingnews.com logoFY2017 Earnings Estimate for Lindsay Corporation Issued By Boenning Scattergood (LNN)
www.americanbankingnews.com - July 3 at 8:00 AM

Social

Chart

Lindsay Corporation (LNN) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff