NASDAQ:LMNR - Limoneira Stock Price, News & Analysis

$18.59
-0.98 (-5.01 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$18.48
Now: $18.59
$19.34
50-Day Range
$18.13
MA: $19.12
$20.26
52-Week Range
$18.03
Now: $18.59
$33.42
Volume39,408 shs
Average Volume53,177 shs
Market Capitalization$330.34 million
P/E Ratio37.18
Dividend Yield1.53%
Beta1.08
Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates in six segments: Fresh Lemons, Lemon Packing, Avocados, Other 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, Minneola tangelos, Star Ruby grapefruit, pummelos, pistachios, and wine grapes. Read More…

Industry, Sector and Symbol

Industry Agricultural production - crops
Sub-IndustryAgricultural Products
SectorConsumer Staples
Current SymbolNASDAQ:LMNR
CUSIP53274610
Phone805-525-5541

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$129.39 million
Cash Flow$0.8118 per share
Book Value$12.40 per share

Profitability

Net Income$20.18 million

Miscellaneous

Employees286
Market Cap$330.34 million
Next Earnings Date9/9/2019 (Confirmed)
OptionableOptionable

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Limoneira (NASDAQ:LMNR) Frequently Asked Questions

What is Limoneira's stock symbol?

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

How often does Limoneira pay dividends? What is the dividend yield for Limoneira?

Limoneira declared a quarterly dividend on Thursday, June 27th. Shareholders of record on Monday, July 8th will be paid a dividend of $0.075 per share on Thursday, July 18th. This represents a $0.30 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Friday, July 5th. This is a boost from Limoneira's previous quarterly dividend of $0.05. View Limoneira's Dividend History.

How were Limoneira's earnings last quarter?

Limoneira (NASDAQ:LMNR) released its quarterly earnings data on Monday, June, 10th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.02. The firm had revenue of $42.04 million for the quarter, compared to analysts' expectations of $43.54 million. Limoneira had a negative return on equity of 0.26% and a net margin of 2.22%. View Limoneira's Earnings History.

When is Limoneira's next earnings date?

Limoneira is scheduled to release their next quarterly earnings announcement on Monday, September 9th 2019. View Earnings Estimates for Limoneira.

What guidance has Limoneira issued on next quarter's earnings?

Limoneira updated its FY 2019 earnings guidance on Monday, June, 10th. The company provided EPS guidance of $0.25-0.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.57.

What price target have analysts set for LMNR?

5 brokers have issued twelve-month price targets for Limoneira's stock. Their predictions range from $18.00 to $32.00. On average, they expect Limoneira's share price to reach $26.60 in the next twelve months. This suggests a possible upside of 43.1% from the stock's current price. View Analyst Price Targets for Limoneira.

What is the consensus analysts' recommendation for Limoneira?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Limoneira in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Limoneira.

What are Wall Street analysts saying about Limoneira stock?

Here are some recent quotes from research analysts about Limoneira stock:
  • 1. According to Zacks Investment Research, "Limoneira Company is an agribusiness and real estate development company. Its current operations consist of fruit production and marketing, real estate development and capital investment activities. Limoneira has three business segments: agribusiness, rental operations, and real estate development. The agribusiness segment includes its farming and lemon packing operations. The Company produces lemons, avocados, oranges, and other specialty crops. The rental operations segment includes housing, organic recycling, commercial and leased land operations. The real estate development segment includes its real estate projects and development. Limoneira Company is based in Santa Paula, California. " (8/6/2019)
  • 2. National Securities analysts commented, " Well Positioned in Current and Future Agribusiness Market. As one of the largest domestic producers and distributors of lemons, Limoneira is well positioned to capture value as a leader in a market we believe to be a uniquely healthy segment within the agribusiness industry.
     Several Tailwinds in Its Addressable Market. With demand for the lemon crop coming from domestic buyers in the food service industry, we believe revenue growth is well protected from weakness in the grocery market and challenges from international trade.
     Recent Weakness a Perfect Storm. Through the first half of fiscal 2019, the company has faced pricing headwinds due to weather issues within all three major crops: lemons, avocados and oranges. We expect these pressures to subside in the second half of the year and into fiscal 2020.
     Non-Core Assets and Emerging Acreage Overlooked. A decade in the making real estate initiative is set to deliver what management believes could be $80 million in cash flows through the mid-2020’s. In addition, 1,500 acres of orchards are expected to transition to fruit bearing in 2021, which we believe could add upwards of $30 million in annualized revenue.
     Buy Opportunity for Value and Growth Investors Alike. We believe current price weakness will be temporary, and at current valuations shares present an attractive upside for value investors. With our estimated revenue CAGR in excess of 20% from fiscal 2018 through fiscal 2021, we also believe the stock should be considered by growth investors." (7/22/2019)

Has Limoneira been receiving favorable news coverage?

News headlines about LMNR stock have been trending positive on Saturday, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Limoneira earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Limoneira.

Who are some of Limoneira's key competitors?

What other stocks do shareholders of Limoneira own?

Who are Limoneira's key executives?

Limoneira's management team includes the folowing people:
  • Mr. Harold S. Edwards, Pres, CEO & Director (Age 53)
  • Mr. Mark Palamountain, CFO, Treasurer & Corp. Sec. (Age 43)
  • Mr. Alex M. Teague, Sr. VP (Age 55)
  • Mr. Donald P. Delmatoff, Director of Compliance & Special Projects (Age 70)
  • Mr. John Chamberlain, VP of Marketing

Who are Limoneira's major shareholders?

Limoneira's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Global Alpha Capital Management Ltd. (7.42%), BlackRock Inc. (5.88%), Ashford Capital Management Inc. (4.70%), Vanguard Group Inc. (4.04%), Stephens Investment Management Group LLC (3.48%) and Deprince Race & Zollo Inc. (2.38%). Company insiders that own Limoneira stock include Alex M Teague, Calavo Growers Inc, Elizabeth Blanchard Chess, Harold S Edwards, John WH Merriman, Mark Palamountain, Robert M Sawyer and Ronald L Michaelis. View Institutional Ownership Trends for Limoneira.

Which institutional investors are selling Limoneira stock?

LMNR stock was sold by a variety of institutional investors in the last quarter, including First Wilshire Securities Management Inc., Ashford Capital Management Inc., Price T Rowe Associates Inc. MD, Everett Harris & Co. CA, Northern Trust Corp, Cortina Asset Management LLC, Bank of America Corp DE and Bank of New York Mellon Corp. Company insiders that have sold Limoneira company stock in the last year include Calavo Growers Inc, Harold S Edwards, John WH Merriman, Mark Palamountain and Robert M Sawyer. View Insider Buying and Selling for Limoneira.

Which institutional investors are buying Limoneira stock?

LMNR stock was bought by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., State of New Jersey Common Pension Fund D, BlackRock Inc., Tarbox Family Office Inc., Teton Advisors Inc., Jupiter Asset Management Ltd., Aptus Capital Advisors LLC and Stephens Investment Management Group LLC. View Insider Buying and Selling for Limoneira.

How do I buy shares of Limoneira?

Shares of LMNR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Limoneira's stock price today?

One share of LMNR stock can currently be purchased for approximately $18.59.

How big of a company is Limoneira?

Limoneira has a market capitalization of $330.34 million and generates $129.39 million in revenue each year. The company earns $20.18 million in net income (profit) each year or $0.50 on an earnings per share basis. Limoneira employs 286 workers across the globe.View Additional Information About Limoneira.

What is Limoneira's official website?

The official website for Limoneira is http://www.limoneira.com/.

How can I contact Limoneira?

Limoneira's mailing address is 1141 CUMMINGS ROAD, SANTA PAULA CA, 93060. The company can be reached via phone at 805-525-5541 or via email at [email protected]


MarketBeat Community Rating for Limoneira (NASDAQ LMNR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  440
MarketBeat's community ratings are surveys of what our community members think about Limoneira and other stocks. Vote "Outperform" if you believe LMNR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LMNR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

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