Limoneira - LMNR Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Limoneira in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LMNR shares.
View LMNR analyst ratings or view top-rated stocks.

2 analysts have issued 1-year target prices for Limoneira's stock. Their LMNR share price forecasts range from $16.00 to $19.00. On average, they predict the company's stock price to reach $17.33 in the next year. This suggests a possible upside of 31.4% 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 stock has increased by 8.0% and is now trading at $13.19.
View the best growth stocks for 2023 here.

Limoneira saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 145,800 shares, a decrease of 6.8% from the December 31st total of 156,500 shares. Based on an average trading volume of 74,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.0% of the company's stock are sold short.
View Limoneira's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023.
View our LMNR earnings forecast.

Limoneira (NASDAQ:LMNR) posted its quarterly earnings data on Monday, January, 10th. The company reported ($0.28) earnings per share for the quarter, missing analysts' consensus estimates of ($0.26) by $0.02. The firm had revenue of $33.50 million for the quarter, compared to the consensus estimate of $27.64 million. Limoneira had a negative trailing twelve-month return on equity of 1.46% and a negative net margin of 0.13%. During the same period in the previous year, the business posted ($0.42) EPS.

Limoneira announced 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 2.27%. The ex-dividend date of this dividend is Friday, December 30th.
Read our dividend analysis for LMNR.

Limoneira (NASDAQ:LMNR) pays an annual dividend of $0.30 per share and currently has a dividend yield of 2.34%.
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 a number of institutional and retail investors. Top institutional shareholders include Riverwater Partners LLC (0.39%) and Everett Harris & Co. CA (0.21%). 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 and Robert M Sawyer.
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 $13.19.

Limoneira (NASDAQ:LMNR) has a market capitalization of $233.25 million and generates $184.60 million in revenue each year. The company earns $-240,000.00 in net income (profit) each year or ($0.06) 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.