Free Trial

Limoneira (LMNR) Stock Price, News & Analysis

Limoneira logo
$27.49 -0.03 (-0.11%)
(As of 11/22/2024 ET)

About Limoneira Stock (NASDAQ:LMNR)

Key Stats

Today's Range
$27.27
$27.78
50-Day Range
$25.54
$28.91
52-Week Range
$15.15
$29.22
Volume
30,259 shs
Average Volume
43,653 shs
Market Capitalization
$496.19 million
P/E Ratio
94.79
Dividend Yield
1.09%
Price Target
$25.33
Consensus Rating
Moderate Buy

Company Overview

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.

Limoneira Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
73rd Percentile Overall Score

LMNR MarketRank™: 

Limoneira scored higher than 73% of companies evaluated by MarketBeat, and ranked 61st out of 140 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Limoneira has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Limoneira has only been the subject of 2 research reports in the past 90 days.

  • Read more about Limoneira's stock forecast and price target.
  • Earnings Growth

    Earnings for Limoneira are expected to decrease by -45.00% in the coming year, from $0.40 to $0.22 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Limoneira is 94.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.57.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Limoneira is 94.79, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.76.

  • Price to Book Value per Share Ratio

    Limoneira has a P/B Ratio of 2.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Limoneira's valuation and earnings.
  • Percentage of Shares Shorted

    2.19% 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 7.
  • Change versus previous month

    Short interest in Limoneira has recently decreased by 10.32%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Limoneira pays a meaningful dividend of 1.09%, 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 Coverage

    The dividend payout ratio of Limoneira is 103.45%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • 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.

  • Read more about Limoneira's dividend.
  • Percentage of Shares Shorted

    2.19% 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 7.
  • Change versus previous month

    Short interest in Limoneira has recently decreased by 10.32%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Limoneira has a news sentiment score of 1.76. 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 0.66 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Limoneira this week, compared to 2 articles on an average week.
  • Search Interest

    1 people have searched for LMNR on MarketBeat in the last 30 days.
  • 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.

  • Read more about Limoneira's insider trading history.
Receive LMNR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Limoneira and its competitors with MarketBeat's FREE daily newsletter.

LMNR Stock News Headlines

Limoneira Insider Ups Holding By 24% During Year
Breaking News: Tesla headed to $500…
That headline hit late last night…and the rally has begun Which is why we want to urge you to go ahead and download Lance’s e-Book now outlining his bullish case for Tesla.
Limoneira Declares Quarterly Dividend
Why Avocado Toast May Get A Lot Cheaper
Lake Street Downgrades Limoneira (LMNR)
Limoneira: A Unique Business Still Going Strong
See More Headlines

LMNR Stock Analysis - Frequently Asked Questions

Limoneira's stock was trading at $20.63 at the beginning of the year. Since then, LMNR shares have increased by 33.3% and is now trading at $27.49.
View the best growth stocks for 2024 here
.

Limoneira (NASDAQ:LMNR) announced its quarterly earnings data on Monday, September, 9th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.03. The firm earned $63.31 million during the quarter, compared to the consensus estimate of $63.85 million. Limoneira had a net margin of 3.24% and a trailing twelve-month return on equity of 3.97%.

Top institutional shareholders of Limoneira include Global Alpha Capital Management Ltd. (18.28%), Old West Investment Management LLC (2.61%), Geode Capital Management LLC (2.08%) and State Street Corp (1.73%). Insiders that own company stock include Harold S Edwards, Mark Palamountain, Scott S Slater, Alex M Teague, Donald R Rudkin and Jose De Jesus Loza.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Limoneira investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Netflix (NFLX), NVIDIA (NVDA), Meta Platforms (META) and Visa (V).

Company Calendar

Last Earnings
9/09/2024
Ex-Dividend for 10/18 Dividend
10/07/2024
Dividend Payable
10/18/2024
Today
11/23/2024
Next Earnings (Estimated)
12/19/2024
Fiscal Year End
10/31/2025

Industry, Sector and Symbol

Industry
Agricultural production - crops
Sub-Industry
Agricultural Products
Current Symbol
NASDAQ:LMNR
CUSIP
53274610
Employees
260
Year Founded
1893

Price Target and Rating

Average Stock Price Target
$25.33
High Stock Price Target
$28.00
Low Stock Price Target
$23.00
Potential Upside/Downside
-7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$9.40 million
Pretax Margin
4.40%

Debt

Sales & Book Value

Annual Sales
$179.90 million
Cash Flow
$0.06 per share
Book Value
$10.55 per share

Miscellaneous

Free Float
16,436,000
Market Cap
$496.19 million
Optionable
Optionable
Beta
0.48

Social Links

7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

This page (NASDAQ:LMNR) was last updated on 11/23/2024 by MarketBeat.com Staff
From Our Partners