NASDAQ:LMNR

Limoneira - LMNR Stock Forecast, Price & News

$12.90

-0.25 (-1.90%)

(As of 12/2/2022 02:59 PM ET)

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Today's Range: $12.90
▼
$12.96
50-Day Range: $11.40
▼
$13.89
52-Week Range: $10.44
▼
$16.41

Volume: 856 shs
Average Volume: 40,299 shs
Market Capitalization: $228.59 million

P/E Ratio: N/A
Dividend Yield: 2.34%
Price Target: $17.50

Limoneira MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 35.6% Upside
$17.50 Price Target
Short Interest: Healthy
1.03% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.50
Upright™ Environmental Score
News Sentiment: 0.71
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 450.00%
From $0.04 to $0.22 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.73 out of 5 stars

Consumer Staples Sector

16th out of 143 stocks

Agricultural Production - Crops Industry

4th out of 11 stocks

3.5

Analyst's Opinion

Consensus Rating
Limoneira has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.50, Limoneira has a forecasted upside of 35.6% from its current price of $12.91.
Amount of Analyst Coverage
Limoneira has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.03% of the float of Limoneira has been sold short.
Short Interest Ratio / Days to Cover
Limoneira has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Limoneira has recently decreased by 15.39%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Limoneira pays a meaningful dividend of 2.34%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Limoneira does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Limoneira will have a dividend payout ratio of 136.36% in the coming year. This indicates that Limoneira may not be able to sustain their current dividend.

4.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Limoneira has received a 63.34% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is driven by its "Unprocessed lemons and limes", "Unprocessed oranges", and "Unprocessed avocados" products. See details.
Environmental Sustainability
The Environmental Impact score for Limoneira is -2.50.

2.1

News and Social Media Coverage

News Sentiment
Limoneira has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Limoneira this week, compared to 2 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Limoneira insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.83% of the stock of Limoneira is held by insiders.
Percentage Held by Institutions
43.26% of the stock of Limoneira is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Limoneira are expected to grow by 450.00% in the coming year, from $0.04 to $0.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Limoneira is -71.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Limoneira is -71.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Limoneira has a PEG Ratio of 3.98. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Limoneira has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Limoneira (NASDAQ:LMNR) Stock

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, Minneola tangelos, Star Ruby grapefruit, pummelos, pistachios, and wine grapes. It has approximately 6,100 acres of lemons planted primarily in Ventura, Tulare, San Luis Obispo, and San Bernardino Counties in California; and Jujuy, Argentina, as well in Yuma County, Arizona, and La Serena, Chile; 800 acres of avocados planted in Ventura County; 1,000 acres of oranges planted in Tulare County, California; and 900 acres of specialty citrus and other crops. In addition, the company rents residential housing units and commercial office buildings, as well as leases approximately 500 acres of its land to third-party agricultural tenants. Further, it is involved in organic recycling operations; and the development of land parcels, multi-family housing, and single-family homes. The company markets and sells its lemons directly to food service, wholesale, and retail customers; avocados to a packing and marketing company; oranges, specialty citrus, and other crops through Sunkist and other third-party packinghouses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.

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LMNR Stock News Headlines

November 23, 2022 | finance.yahoo.com

Can Limoneira (LMNR) Climb 29% to Reach the Level Wall Street Analysts Expect?

November 7, 2022 | finance.yahoo.com

Wall Street Analysts Predict a 40% Upside in Limoneira (LMNR): Here's What You Should Know

October 31, 2022 | finance.yahoo.com

Limoneira Closes $20 Million Sale of its Oxnard Packing Facility

October 31, 2022 | finance.yahoo.com

Limoneira Company (NASDAQ:LMNR) has caught the attention of institutional investors who hold a sizeable 43% stake

October 26, 2022 | finance.yahoo.com

Limoneira to Host Fireside Chat at the Stephens Annual Investment Conference

October 26, 2022 | finance.yahoo.com

Limoneira Closes Sale of 17-Acre Property to Limoneira Lewis Community Builders, LLC

October 19, 2022 | money.usnews.com

Limoneira Co

October 4, 2022 | msn.com

Wednesday Is Your Last Chance To Buy Limoneira Before The Dividend Payout

October 3, 2022 | benzinga.com

Wednesday Is Your Last Chance To Buy Limoneira Before The Dividend Payout - Limoneira (NASDAQ:LMNR) - Benzinga

October 1, 2022 | finance.yahoo.com

Limoneira (NASDAQ:LMNR) Has Affirmed Its Dividend Of $0.075 - Yahoo Finance

October 1, 2022 | finance.yahoo.com

Limoneira (NASDAQ:LMNR) Has Affirmed Its Dividend Of $0.075

September 28, 2022 | finance.yahoo.com

4 Agriculture Operations Stocks to Watch Amid Mixed Industry Trends - Yahoo Finance

September 28, 2022 | benzinga.com

Limoneira Declares Quarterly Dividend - Limoneira (NASDAQ:LMNR) - Benzinga

September 28, 2022 | finance.yahoo.com

4 Agriculture Operations Stocks to Watch Amid Mixed Industry Trends

September 24, 2022 | nasdaq.com

A Limoneira Company (NASDAQ:LMNR) insider increased their holdings by 11% last year

September 21, 2022 | seekingalpha.com

Limoneira: The Citrus King (NASDAQ:LMNR) - Seeking Alpha

September 15, 2022 | benzinga.com

Limoneira (NASDAQ:LMNR) – Looking Into Limoneira's Return On Capital Employed - Benzinga

September 13, 2022 | reuters.com

LMNR.OQ - Limoneira Company | Stock Price & Latest News | Reuters

September 12, 2022 | finance.yahoo.com

Favorable turn of events for Limoneira Company (NASDAQ:LMNR) insiders who've lost US$78k to date on a US$1.4m purchase

September 10, 2022 | fool.com

Limoneira (LMNR) Q3 2022 Earnings Call Transcript - The Motley Fool

September 9, 2022 | fool.com

Why Limoneira Stock Blasted Nearly 11% Higher Today - The Motley Fool

September 9, 2022 | finance.yahoo.com

Why Limoneira Stock Blasted Nearly 11% Higher Today

September 9, 2022 | investing.com

Limoneira Earnings, Revenue Beat in Q3 By Investing.com - Investing.com

September 9, 2022 | investing.com

Limoneira Tops Q3 EPS by 17c By Investing.com - Investing.com

September 9, 2022 | benzinga.com

Limoneira (NASDAQ:LMNR) – Limoneira shares are trading higher after the company reported better-than-expe - Benzinga

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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LMNR Company Calendar

Last Earnings: 9/08/2022
Ex-Dividend for 10/21 Dividend: 10/06/2022
Dividend Payable: 10/21/2022
Today: 12/02/2022
Next Earnings (Estimated): 1/09/2023
Fiscal Year End: 10/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Agricultural production - crops
Sub-Industry: Agricultural Products
Sector: Consumer Staples
Current Symbol: NASDAQ:LMNR
CUSIP: 53274610
CIK: 1342423
Web: www.limoneira.com
Phone: (805) 525-5541
Fax: 513-389-4634
Employees: 268
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $17.50
High Stock Price Forecast: $19.00
Low Stock Price Forecast: $16.00
Forecasted Upside/Downside: +35.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.18)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 322.50
P/E Growth: 3.98
Net Income: $-3,440,000.00
Net Margins: -1.37%
Pretax Margin: -1.33%
Return on Equity: -0.95%
Return on Assets: -0.44%

Debt

Debt-to-Equity Ratio: 0.69
Current Ratio: 1.11
Quick Ratio: 0.95

Sales & Book Value

Annual Sales: $166.03 million
Price / Sales: 1.38
Cash Flow: $0.36 per share
Price / Cash Flow: 35.41
Book Value: $10.65 per share
Price / Book: 1.21

Miscellaneous

Outstanding Shares: 17,720,000
Free Float: 16,689,000
Market Cap: $228.59 million
Optionable: Optionable
Beta: 0.63

Key Executives

Mr. Harold S. Edwards (Age 56)
Pres, CEO & Director
Comp: $709.11k

Mr. Mark Palamountain (Age 46)
CFO & Treasurer
Comp: $405.46k

Ms. Amy Fukutomi (Age 55)
VP of Compliance & Corp. Sec.

Mr. Anthony Ecuyer
VP of Packing & Technology

Ms. Susan Jones-Ng
Director of Global Sales & Citrus Marketing

Mr. Michael Gonzales
Marketing Mang.

Ms. Debra Walker
Director of HR

Mr. John Mills
Sr. Managing Director

Mr. Greg Hamm
VP & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LMNR Stock - Frequently Asked Questions

Should I buy or sell Limoneira stock right now?: 1 Wall Street 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 analysts is that investors should "buy" LMNR shares.
View LMNR analyst ratings or view top-rated stocks.
What is Limoneira's stock price forecast for 2023?: 1 brokerages have issued 12 month price targets for Limoneira's stock. Their LMNR share price forecasts range from $16.00 to $19.00. On average, they predict the company's share price to reach $17.50 in the next year. This suggests a possible upside of 35.2% from the stock's current price.
View analysts price targets for LMNR or view top-rated stocks among Wall Street analysts.
How have LMNR shares performed in 2022?: Limoneira's stock was trading at $15.00 on January 1st, 2022. Since then, LMNR shares have decreased by 13.7% and is now trading at $12.94.
View the best growth stocks for 2022 here.
Are investors shorting Limoneira?: Limoneira saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 151,200 shares, a drop of 15.4% from the October 31st total of 178,700 shares. Based on an average trading volume of 70,800 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.0% of the company's stock are sold short.
View Limoneira's Short Interest.
When is Limoneira's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, January 9th 2023.
View our LMNR earnings forecast.
How were Limoneira's earnings last quarter?: Limoneira (NASDAQ:LMNR) announced its quarterly earnings data on Thursday, September, 8th. The company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.16. The company earned $58.92 million during the quarter, compared to analysts' expectations of $49.87 million. Limoneira had a negative net margin of 1.37% and a negative trailing twelve-month return on equity of 0.95%. During the same period last year, the company earned $0.20 EPS.
How often does Limoneira pay dividends? What is the dividend yield for Limoneira?: Limoneira announced a quarterly dividend on Tuesday, September 27th. Shareholders of record on Monday, October 10th will be paid a dividend of $0.075 per share on Friday, October 21st. This represents a $0.30 annualized dividend and a dividend yield of 2.32%. The ex-dividend date is Thursday, October 6th.
Read our dividend analysis for LMNR.

Is Limoneira a good dividend stock?: 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.
What other stocks do shareholders of Limoneira own?: 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).
What is Limoneira's stock symbol?: Limoneira trades on the NASDAQ under the ticker symbol "LMNR."
Who are Limoneira's major shareholders?: Limoneira's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Global Alpha Capital Management Ltd. (12.21%), First Wilshire Securities Management Inc. (3.54%), Dimensional Fund Advisors LP (3.49%), BlackRock Inc. (1.49%), Teton Advisors Inc. (1.15%) and Teton Advisors Inc. (1.15%). 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.
How do I buy shares of Limoneira?: 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.
Compare Top Brokerages Here.
What is Limoneira's stock price today?: One share of LMNR stock can currently be purchased for approximately $12.94.
How much money does Limoneira make?: Limoneira (NASDAQ:LMNR) has a market capitalization of $229.30 million and generates $166.03 million in revenue each year. The company earns $-3,440,000.00 in net income (profit) each year or ($0.18) on an earnings per share basis.
How many employees does Limoneira have?: The company employs 268 workers across the globe.
How can I contact Limoneira?: 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.

This page (NASDAQ:LMNR) was last updated on 12/2/2022 by MarketBeat.com Staff

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