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NASDAQ:LMNRLimoneira Stock Price, Forecast & News

$13.36
-0.25 (-1.84 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$13.00
Now: $13.36
$13.61
50-Day Range
$11.59
MA: $12.86
$14.63
52-Week Range
$10.60
Now: $13.36
$21.94
Volume89,192 shs
Average Volume77,911 shs
Market Capitalization$238.61 million
P/E RatioN/A
Dividend Yield2.20%
Beta1.07
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. It has approximately 5,000 acres of lemons planted primarily in Ventura, Tulare, and San Bernardino Counties in California, as well in Yuma County, Arizona; 900 acres of avocados planted in Ventura County; 1,600 acres of oranges planted in Tulare County, California; and 1,000 acres of specialty citrus and other crops. In addition, the company rents residential housing units; commercial office buildings; and a multi-use facility comprising a retail convenience store, gas station, car wash, and quick-serve restaurant, 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 packinghouses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.41 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$171.40 million
Cash Flow$0.05 per share
Book Value$12.47 per share

Profitability

Net Income$-5,940,000.00

Miscellaneous

Employees286
Market Cap$238.61 million
Next Earnings Date6/9/2020 (Confirmed)
OptionableOptionable

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Limoneira (NASDAQ:LMNR) Frequently Asked Questions

How has Limoneira's stock been impacted by COVID-19 (Coronavirus)?

Limoneira's stock was trading at $15.04 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LMNR shares have decreased by 11.2% and is now trading at $13.36. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Limoneira?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Limoneira in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Limoneira.

When is Limoneira's next earnings date?

Limoneira is scheduled to release its next quarterly earnings announcement on Tuesday, June 9th 2020. View our earnings forecast for Limoneira.

How can I listen to Limoneira's earnings call?

Limoneira will be holding an earnings conference call on Tuesday, June 9th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Limoneira's earnings last quarter?

Limoneira (NASDAQ:LMNR) announced its quarterly earnings data on Wednesday, March, 11th. The company reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.19) by $0.11. The business earned $41.66 million during the quarter, compared to the consensus estimate of $42.30 million. Limoneira had a negative return on equity of 4.97% and a negative net margin of 4.49%. View Limoneira's earnings history.

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

Limoneira announced a quarterly dividend on Tuesday, March 24th. Investors of record on Monday, April 6th will be paid a dividend of $0.075 per share on Friday, April 17th. This represents a $0.30 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Friday, April 3rd. View Limoneira's dividend history.

What price target have analysts set for LMNR?

3 equities research analysts have issued 12 month price targets for Limoneira's stock. Their forecasts range from $16.00 to $20.00. On average, they anticipate Limoneira's stock price to reach $17.75 in the next year. This suggests a possible upside of 32.9% from the stock's current price. View analysts' price targets 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. " (2/21/2020)
  • 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?

Media stories about LMNR stock have trended extremely negative this week, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Limoneira earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutLimoneira.

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 following 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

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 investors include Global Alpha Capital Management Ltd. (9.50%), BlackRock Inc. (6.10%), Ashford Capital Management Inc. (5.64%), Deprince Race & Zollo Inc. (1.92%), State Street Corp (1.62%) and Teton Advisors Inc. (1.29%). Company insiders that own Limoneira stock include Alex M Teague, Calavo Growers Inc, Elizabeth Blanchard Chess, Harold S Edwards, John WH Merriman, Mark Palamountain and Robert M Sawyer. 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 Morgan Stanley, UBS Group AG, State Street Corp, First Trust Advisors LP, Everett Harris & Co. CA, Deutsche Bank AG, and Parallel Advisors LLC. Company insiders that have sold Limoneira company stock in the last year include Elizabeth Blanchard Chess, Harold S Edwards, John WH Merriman, Mark Palamountain, and Robert M Sawyer. View insider buying and selling activity 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., Eaton Vance Management, Deprince Race & Zollo Inc., First Wilshire Securities Management Inc., CWM LLC, White Pine Capital LLC, Gamco Investors INC. ET AL, and Geode Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Limoneira's stock price today?

One share of LMNR stock can currently be purchased for approximately $13.36.

How big of a company is Limoneira?

Limoneira has a market capitalization of $238.61 million and generates $171.40 million in revenue each year. The company earns $-5,940,000.00 in net income (profit) each year or ($0.45) on an earnings per share basis. Limoneira employs 286 workers across the globe.

What is Limoneira's official website?

The official website for Limoneira is 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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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