Limoneira - LMNR Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Limoneira in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" LMNR shares.
View LMNR analyst ratings or view top-rated stocks.

1 analysts have issued twelve-month price targets for Limoneira's stock. Their LMNR share price forecasts range from $17.00 to $17.00. On average, they anticipate the company's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
View analysts price targets for LMNR or view top-rated stocks among Wall Street analysts.

Limoneira's stock was trading at $12.21 on January 1st, 2023. Since then, LMNR shares have increased by 31.4% and is now trading at $16.04.
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Limoneira saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 170,300 shares, an increase of 17.9% from the February 13th total of 144,500 shares. Based on an average daily volume of 53,200 shares, the days-to-cover ratio is presently 3.2 days. Currently, 1.0% of the shares of the company are sold short.
View Limoneira's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 6th 2023.
View our LMNR earnings forecast.

Limoneira (NASDAQ:LMNR) released its earnings results on Thursday, December, 22nd. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by $0.21. The firm earned $39.66 million during the quarter, compared to the consensus estimate of $32.96 million. Limoneira had a net margin of 11.96% and a negative trailing twelve-month return on equity of 3.04%.

Limoneira declared a quarterly dividend on Tuesday, December 20th. Investors of record on Tuesday, January 3rd will be given a dividend of $0.075 per share on Friday, January 13th. This represents a $0.30 annualized dividend and a yield of 1.87%. The ex-dividend date is Friday, December 30th.
Read our dividend analysis for LMNR.

VegTech Plant-based Innovation & Climate ETF holds 4,360 shares of LMNR stock, representing 1.33% of its portfolio.

Limoneira (NASDAQ:LMNR) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.94%. The dividend payout ratio is 25.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, LMNR will have a dividend payout ratio of 100.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for LMNR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Limoneira investors own include Two Rivers Water & Farming (TURV), Energy Transfer (ET), Martin Midstream Partners (MMLP), CBL & Associates Properties (CBL), Ford Motor (F), Cornerstone Total Return Fund (CRF), NGL Energy Partners (NGL), Pembina Pipeline (PBA), SandRidge Permian Trust (PER) and Stratasys (SSYS).

Limoneira trades on the NASDAQ under the ticker symbol "LMNR."

Limoneira's stock is owned by many different institutional and retail investors. Top institutional investors include Global Alpha Capital Management Ltd. (15.78%), First Wilshire Securities Management Inc. (3.46%), Teton Advisors Inc. (1.10%), Fuller & Thaler Asset Management Inc. (0.96%), Millennium Management LLC (0.86%) and Boothbay Fund Management LLC (0.80%). Insiders that own company stock include Alex M Teague, Donald R Rudkin, Elizabeth Blanchard Chess, Harold S Edwards, Harold S Edwards, John WH Merriman, Jose De Jesus Loza, Mark Palamountain, Peter S Kirlin, Robert M Sawyer and Scott S Slater.
View institutional ownership trends.

Shares of LMNR 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.
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One share of LMNR stock can currently be purchased for approximately $16.04.

Limoneira (NASDAQ:LMNR) has a market capitalization of $285.99 million and generates $184.60 million in revenue each year. The company earns $-240,000.00 in net income (profit) each year or $1.16 on an earnings per share basis.

The company employs 268 workers across the globe.

Limoneira's mailing address is 1141 CUMMINGS ROAD, SANTA PAULA CA, 93060. The official website for the company is www.limoneira.com. The company can be reached via phone at (805) 525-5541, via email at john.mills@icrinc.com, or via fax at 513-389-4634.