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Lindsay Corporation (LNN) Stock News

LNN NYSE

Lindsay Corporation (LNN) reports news around its irrigation and infrastructure equipment businesses. The company manufactures and distributes Zimmatic center pivot and lateral move irrigation systems, FieldNET and FieldWise remote irrigation management technology, FieldNET Advisor irrigation scheduling technology, and industrial IoT solutions for agricultural water management.

Recurring updates include quarterly operating results for the Irrigation and Infrastructure segments, demand conditions in North America and international project activity, regular cash dividends, share repurchases, and product launches for transportation safety. Infrastructure news includes Lindsay Transportation Solutions products and brands such as Road Zipper, Snoline, Road Runner truck-mounted attenuators, and AlphaGuard channelizing devices for road, work-zone, and perimeter safety applications.

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Lindsay Corporation (NYSE: LNN) declared a regular quarterly cash dividend of $0.38 per share, payable November 30, 2026. Shareholders of record at the close of business on November 16, 2026, are eligible for the payment. The company had approximately 10.2 million shares outstanding as of October 21, 2026.

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Lindsay (NYSE: LNN) has agreed to acquire Brazilian hose reel irrigation manufacturer Setorial Irrigação to expand its irrigation portfolio. Closing is subject to customary conditions, which are expected to be fulfilled in the upcoming months. Lindsay expects the acquisition to expand its presence in Brazil and complement its Zimmatic center pivot systems.

Setorial manufactures hose reel systems, sprinklers, motor pumps and equipment for water conveyance and effluent application. Its customers include sugar and ethanol mills, smaller growers, cooperatives and family farms. Lindsay already offers French-manufactured hose reel equipment through its Perrot line; Setorial adds equipment developed and manufactured for Brazilian conditions. Upon closing, Setorial will retain its brand, current team and Limeira manufacturing facility, with founder and CEO Diomedes Pellegrini Tamani continuing to lead the business.

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Lindsay (LNN) reported fourth-quarter revenue of $161.6 million, up year over year, as North America irrigation and infrastructure sales increased. Revenue rose 5%, operating income increased 39% to $15.8 million, and diluted earnings per share rose 11% to $1.10.

For fiscal 2026, ended August 31, revenue fell 6% to $635.9 million, operating income declined 24% to $66.9 million, and diluted earnings per share fell 21% to $5.33. Lower irrigation sales and a prior-year $20.0 million Road Zipper project that did not repeat weighed on results.

Lindsay returned $96.1 million through repurchases and dividends. The company expects approximately $8.0 million in net annualized savings from its June workforce restructuring, but expects North America irrigation demand to remain tempered and difficult international irrigation project comparisons in fiscal 2027.

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Lindsay Corporation (NYSE: LNN) plans to release fiscal 2026 fourth-quarter results before the market opens on October 22, 2026. The quarter ended August 31, 2026. Management will discuss the results that day at 11:00 a.m. ET, with President and Chief Executive Officer Randy Wood and Co-Interim Chief Financial Officers Alicia Pfeifer and Brett Coburn participating.

The call will be webcast live through Lindsay's investor relations website. A slide presentation will also be available, and call replays will remain accessible until the next quarterly earnings release.

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Lindsay Corporation (NYSE:LNN) declared a regular quarterly cash dividend of $0.38 per share, payable on August 31, 2026 to shareholders of record on August 17, 2026. This is a 3% increase from $0.37, raising the annual indicated dividend to $1.52 per share, based on approximately 10.2 million shares outstanding.

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Lindsay (NYSE:LNN) reported fiscal 2026 Q3 revenue of $160.8 million, down 5% year over year. Net earnings were $15.8 million, or $1.53 diluted EPS, versus $19.5 million and $1.78 a year earlier.

Irrigation revenue fell 7% while infrastructure revenue rose 8%. Consolidated operating income declined 22% to $18.5 million, with operating margin at 11.5%. Order backlog increased to $136.1 million, supported by a large MENA irrigation project that is on schedule. Lindsay repurchased $25.2 million of shares in the quarter, totaling $80.7 million year to date.

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Lindsay (NYSE:LNN) will release fiscal 2026 third quarter results, for the period ended May 31, 2026, before market open on Thursday, July 2, 2026.

Management will host an earnings conference call and webcast the same day at 11:00 a.m. ET, with replay and slides available on the investor relations website.

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Lindsay Corporation (NYSE: LNN) declared a regular quarterly cash dividend of $0.37 per share, payable May 29, 2026, to shareholders of record at the close of business on May 15, 2026.

The company reported approximately 10.4 million shares outstanding as of April 1, 2026. The dividend is a routine quarterly cash distribution to shareholders.

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Lindsay (NYSE: LNN) reported fiscal 2026 second quarter results: revenues $157.7M (down 16% year-over-year), operating income $13.0M (down 59%), and diluted EPS $1.15 versus $2.44 prior year. Deliveries began on an $80.0M MENA irrigation project; company expects to recognize about $70M on that project this fiscal year. The company repurchased $25.2M of stock this quarter (total $55.5M year-to-date) and finished the quarter with a $151.8M backlog.

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Lindsay Corporation (NYSE: LNN) will release fiscal 2026 second quarter results for the period ended February 28, 2026, before the market opens on April 2, 2026. Management, including Randy Wood (CEO) and Sam Hinrichsen (CFO), will host a conference call at 11:00 a.m. ET the same day.

Investors may pre-register for the teleconference; registered participants receive dial-in details and a PIN for immediate access. The call will be simulcast and replays, plus a supplemental slide presentation, will be available via the company's investor relations website until the next quarterly release.

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FAQ

What is the current stock price of Lindsay (LNN)?

Lindsay (LNN) last closed at $107.63.

What is the market cap of Lindsay (LNN)?

The market cap of Lindsay (LNN) is approximately $1.1B.