Limoneira (LMNR) to Release Earnings on Monday

Limoneira (NASDAQ:LMNR - Get Free Report) is expected to be releasing its Q2 2025 earnings data after the market closes on Monday, June 9th. Analysts expect Limoneira to post earnings of ($0.01) per share and revenue of $38.70 million for the quarter.

Limoneira Stock Performance

Limoneira stock traded up $0.07 during midday trading on Friday, reaching $15.83. 46,086 shares of the company's stock were exchanged, compared to its average volume of 58,767. The stock's 50-day simple moving average is $16.10 and its 200 day simple moving average is $21.12. The firm has a market cap of $285.65 million, a price-to-earnings ratio of 41.66 and a beta of 0.43. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.69 and a current ratio of 0.74. Limoneira has a 52 week low of $14.80 and a 52 week high of $29.22.

Limoneira declared that its board has authorized a share repurchase program on Monday, March 17th that allows the company to buyback $30.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 8.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

Limoneira Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Monday, March 31st were given a $0.075 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.90%. Limoneira's payout ratio is 73.17%.

Institutional Trading of Limoneira

A hedge fund recently bought a new stake in Limoneira stock. Jacobs Levy Equity Management Inc. bought a new position in shares of Limoneira (NASDAQ:LMNR - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 14,436 shares of the company's stock, valued at approximately $256,000. Jacobs Levy Equity Management Inc. owned approximately 0.08% of Limoneira as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 64.35% of the company's stock.

Analysts Set New Price Targets

LMNR has been the subject of several research reports. Lake Street Capital cut their price target on Limoneira from $25.00 to $23.00 and set a "hold" rating for the company in a report on Thursday, March 13th. Wall Street Zen upgraded shares of Limoneira to a "sell" rating in a research note on Wednesday, April 9th.

Limoneira Company Profile

Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through three divisions: Agribusiness, Rental Operations, and Real Estate Development. It grows, processes, packs, markets, and sells lemons. The company also grows avocado, oranges, and specialty citrus and other crops, including Moro blood oranges, Cara Cara oranges, Valencia oranges, Minneola tangelos, Star Ruby grapefruit, pummelos, and wine grapes.