Should I buy or sell Limoneira stock right now?

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 .

What is Limoneira's stock price target for 2024?

1 brokers have issued 12-month price objectives for Limoneira's stock. Their LMNR share price targets range from $23.00 to $23.00. On average, they anticipate the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 19.0% 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 2024?

Limoneira's stock was trading at $20.63 at the start of the year. Since then, LMNR stock has decreased by 6.3% and is now trading at $19.32. View the best growth stocks for 2024 here .

When is Limoneira's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024. View our LMNR earnings forecast .

How were Limoneira's earnings last quarter?

Limoneira (NASDAQ:LMNR) issued its earnings results on Thursday, March, 7th. The company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.05. The business earned $39.73 million during the quarter, compared to analysts' expectations of $39.07 million. Limoneira had a negative trailing twelve-month return on equity of 1.16% and a negative net margin of 5.40%. During the same quarter in the prior year, the business earned ($0.53) earnings per share.

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

Limoneira announced a quarterly dividend on Tuesday, March 19th. Investors of record on Monday, April 1st will be given a dividend of $0.075 per share on Friday, April 12th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Thursday, March 28th. 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 1.58%. Read our dividend analysis for LMNR .

What ETF holds Limoneira's stock?

VegTech Plant-based Innovation & Climate ETF holds 11,180 shares of LMNR stock, representing 3.35% of its portfolio.

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) .

Who are Limoneira's major shareholders?

Limoneira's stock is owned by many different institutional and retail investors. Top institutional investors include Baker Ellis Asset Management LLC (0.17%). 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 Scott S Slater. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:LMNR

Limoneira (LMNR) Stock Price, News & Analysis

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Free LMNR Stock Alerts

$19.32

+0.32 (+1.68%)

(As of 04/18/2024 ET)

Compare

Today's Range: $18.97
▼
$19.36
50-Day Range: $17.45
▼
$19.85
52-Week Range: $13.88
▼
$21.62

Volume: 55,814 shs
Average Volume: 40,772 shs
Market Capitalization: $347.76 million

P/E Ratio: N/A
Dividend Yield: 1.55%
Price Target: $23.00

Get Limoneira alerts:

Limoneira MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 19.0% Upside
$23.00 Price Target
Short Interest: Healthy
2.71% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.50
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 238.46%
From $0.13 to $0.44 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.13 out of 5 stars

Consumer Staples Sector

42nd out of 134 stocks

Agricultural Production - Crops Industry

3rd out of 10 stocks

2.5

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.
Amount of Analyst Coverage
Limoneira has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.71% 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 10.6, which indicates bearish sentiment.
Change versus previous month
Short interest in Limoneira has recently decreased by 9.12%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Limoneira pays a meaningful dividend of 1.58%, 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 earnings estimates, Limoneira will have a dividend payout ratio of 68.18% next year. This indicates that Limoneira will be able to sustain or increase its 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.

1.8

News and Social Media Coverage

News Sentiment
Limoneira has a news sentiment score of 0.30. 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 lower news sentiment than the 0.50 average news sentiment score of Consumer Staples companies.
Search Interest
8 people have searched for LMNR on MarketBeat in the last 30 days.

1.7

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 8.95% of the stock of Limoneira is held by insiders.
Percentage Held by Institutions
64.35% 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 238.46% in the coming year, from $0.13 to $0.44 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Limoneira is -33.31, 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 -33.31, 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 9.71. 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 1.83. 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

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About Limoneira Stock (NASDAQ:LMNR)

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, Valencia oranges, Minneola tangelos, Star Ruby grapefruit, pummelos, and wine grapes. It has approximately 3,500 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; 1,200 acres of avocados planted in Ventura County; 100 acres of oranges planted in Tulare County, California; and 400 acres of specialty citrus and other crops. In addition, the company rents residential housing units and commercial office buildings, as well as leases approximately 400 acres of its land to third-party agricultural tenants. Further, it is involved in the organic recycling operations; and 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, oranges, specialty citrus, and other crops to third-party packinghouses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.

LMNR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LMNR Stock News Headlines

April 11, 2024 | americanbankingnews.com

Limoneira (NASDAQ:LMNR) Stock Crosses Above 200-Day Moving Average of $17.45

April 4, 2024 | finance.yahoo.com

Former Limoneira credit union manager gets jail sentence in embezzlement case

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 25, 2024 | seekingalpha.com

Limoneira Stock: The Citrus King Further Moving Into The Avocado Empire

March 24, 2024 | finance.yahoo.com

Limoneira's (NASDAQ:LMNR) Dividend Will Be $0.075

March 20, 2024 | businesswire.com

Limoneira Declares Quarterly Dividend

March 9, 2024 | finance.yahoo.com

Limoneira First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

March 8, 2024 | finance.yahoo.com

Limoneira Company (NASDAQ:LMNR) Q1 2024 Earnings Call Transcript

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 8, 2024 | finance.yahoo.com

Q1 2024 Limoneira Co Earnings Call

March 8, 2024 | finance.yahoo.com

Limoneira Co (LMNR) Reports Modest Revenue Growth Amid Strategic Shift in Q1 FY2024

March 7, 2024 | marketwatch.com

Limoneira Forced to Delay Lemon Harvesting Due to Rainfall -- Commodity Comment

March 7, 2024 | benzinga.com

Recap: Limoneira Q1 Earnings

March 7, 2024 | seekingalpha.com

Limoneira Company Non-GAAP EPS of -$0.18 beats by $0.09, revenue of $39.7M misses by $0.88M

March 7, 2024 | fool.com

Limoneira (LMNR) Q1 2024 Earnings Call Transcript

March 7, 2024 | businesswire.com

Limoneira Company Announces First Quarter Fiscal Year 2024 Financial Results

March 6, 2024 | benzinga.com

Earnings Outlook For Limoneira

March 6, 2024 | msn.com

Limoneira Company Q1 2024 Earnings Preview

March 5, 2024 | investorplace.com

7 Cheap Dividend Stocks to Grab for Under $20 This March

March 4, 2024 | businesswire.com

Limoneira to Participate at the 36th Annual ROTH Conference

March 3, 2024 | finance.yahoo.com

With 58% ownership of the shares, Limoneira Company (NASDAQ:LMNR) is heavily dominated by institutional owners

February 27, 2024 | theglobeandmail.com

2 Agriculture Stocks With Major Upside Potential, According to Wall Street

February 22, 2024 | finance.yahoo.com

Limoneira to Announce First Quarter 2024 Financial Results on March 7, 2024

February 22, 2024 | businesswire.com

Limoneira to Announce First Quarter 2024 Financial Results on March 7, 2024

February 12, 2024 | msn.com

Harvest at Limoneira could add 550 units to Santa Paula development

December 26, 2023 | benzinga.com

Limoneira: Dividend Insights

December 26, 2023 | finance.yahoo.com

Limoneira to Present at the 26th Annual ICR Conference

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Ex-Dividend for 4/12 Dividend: 3/28/2024
Dividend Payable: 4/12/2024
Today: 4/18/2024
Next Earnings (Estimated): 6/04/2024
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Staples
Industry: Agricultural production - crops
Sub-Industry: Agricultural Products
Current Symbol: NASDAQ:LMNR
CUSIP: 53274610
CIK: 1342423
Web: www.limoneira.com
Phone: (805) 525-5541
Fax: 513-389-4634
Employees: 257
Year Founded: 1893

Price Target and Rating

Average Stock Price Target: $23.00
High Stock Price Target: $23.00
Low Stock Price Target: $23.00
Potential Upside/Downside: +21.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.58)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 146.15
P/E Growth: 9.71
Net Income: $9.40 million
Net Margins: -5.40%
Pretax Margin: -9.28%
Return on Equity: -1.16%
Return on Assets: -0.72%

Debt

Debt-to-Equity Ratio: 0.28
Current Ratio: 0.92
Quick Ratio: 0.84

Sales & Book Value

Annual Sales: $179.90 million
Price / Sales: 1.90
Cash Flow: $0.06 per share
Price / Cash Flow: 339.50
Book Value: $10.55 per share
Price / Book: 1.80

Miscellaneous

Outstanding Shares: 18,000,000
Free Float: 16,394,000
Market Cap: $342 million
Optionable: Optionable
Beta: 0.55

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Key Executives

Mr. Harold S. Edwards (Age 58)
President, CEO & Director
Comp: $1.89M
Mr. Mark Palamountain (Age 48)
CFO & Treasurer
Comp: $1.14M
Mr. Anthony Ecuyer
Vice President of Packing & Technology
Ms. Amy Fukutomi (Age 57)
Vice President of Compliance & Corporate Secretary
Ms. Susan Jones-Ng
Director of Global Sales & Citrus Marketing
Mr. Michael Gonzales
Marketing Manager
Ms. Debra Walker
Director of Human Resources
Mr. John Mills
Senior Managing Director
Dyson Schneider
Director of Northern Farming Operations
Mr. Greg Hamm
VP & Corporate Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LMNR Stock Analysis - Frequently Asked Questions

Should I buy or sell Limoneira stock right now?: 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.
What is Limoneira's stock price target for 2024?: 1 brokers have issued 12-month price objectives for Limoneira's stock. Their LMNR share price targets range from $23.00 to $23.00. On average, they anticipate the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 19.0% 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 2024?: Limoneira's stock was trading at $20.63 at the start of the year. Since then, LMNR stock has decreased by 6.3% and is now trading at $19.32.
View the best growth stocks for 2024 here.
When is Limoneira's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our LMNR earnings forecast.
How were Limoneira's earnings last quarter?: Limoneira (NASDAQ:LMNR) issued its earnings results on Thursday, March, 7th. The company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.05. The business earned $39.73 million during the quarter, compared to analysts' expectations of $39.07 million. Limoneira had a negative trailing twelve-month return on equity of 1.16% and a negative net margin of 5.40%. During the same quarter in the prior year, the business earned ($0.53) earnings per share.
How often does Limoneira pay dividends? What is the dividend yield for Limoneira?: Limoneira announced a quarterly dividend on Tuesday, March 19th. Investors of record on Monday, April 1st will be given a dividend of $0.075 per share on Friday, April 12th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Thursday, March 28th.
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 1.58%.
Read our dividend analysis for LMNR.
What ETF holds Limoneira's stock?: VegTech Plant-based Innovation & Climate ETF holds 11,180 shares of LMNR stock, representing 3.35% of its portfolio.
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).
Who are Limoneira's major shareholders?: Limoneira's stock is owned by many different institutional and retail investors. Top institutional investors include Baker Ellis Asset Management LLC (0.17%). 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 Scott S Slater.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LMNR) was last updated on 4/18/2024 by MarketBeat.com Staff

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Limoneira (LMNR) Stock Price, News & Analysis

Limoneira MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

Search Interest

Company Ownership

Earnings and Valuation

About Limoneira Stock (NASDAQ:LMNR)

LMNR Stock Price History

LMNR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

LMNR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™