Lindblad Expeditions Holdings, Inc. (LIND)

Transportation Services

Latest Price

$34.84

TTM P/E

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

P/B Ratio

Valuation metrics

Base FCF: $61M (median of recent 5yr)

Growth: 9%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$17.18

51% downside

80.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
FMR LLC	6.64M	$187.0M	10.13%	+2.52M	2026-06-30
BlackRock, Inc.	4.34M	$122.0M	6.63%	+835.2K	2026-06-30
Ariel Investments, LLC	2.76M	$78.0M	4.22%	-676.6K	2026-06-30
Vanguard Capital Management LLC	2.13M	$60.0M	3.25%	+23.4K	2026-06-30
Goldman Sachs Group Inc	1.77M	$50.0M	2.71%	+846.0K	2026-06-30
Driehaus Capital Management LLC	1.47M	$41.0M	2.24%	+281.4K	2026-06-30
Select Equity Group, L.P.	1.45M	$41.0M	2.22%	+394.7K	2026-06-30
Principal Financial Group Inc	1.39M	$39.0M	2.13%	-136.3K	2026-06-30
Arrowstreet Capital, Limited Partnership	1.28M	$36.0M	1.95%	+5.0K	2026-06-30
Lord, Abbett & Co. LLC	1.27M	$35.0M	1.94%	+745.0K	2026-06-30