Roth Capital Analysts Boost Earnings Estimates for Limoneira

Limoneira (NASDAQ:LMNR - Free Report) - Equities researchers at Roth Capital lifted their Q3 2025 earnings per share estimates for shares of Limoneira in a report released on Monday, March 24th. Roth Capital analyst G. Sweeney now forecasts that the company will post earnings of $0.37 per share for the quarter, up from their previous forecast of $0.29.

Other research analysts also recently issued reports about the company. Lake Street Capital lowered their price target on Limoneira from $25.00 to $23.00 and set a "hold" rating on the stock in a report on Thursday, March 13th. StockNews.com upgraded shares of Limoneira to a "sell" rating in a research note on Friday.

Limoneira Stock Down 1.8 %

LMNR stock traded down $0.33 during midday trading on Wednesday, hitting $17.56. The company's stock had a trading volume of 37,139 shares, compared to its average volume of 51,483. The firm's 50-day moving average is $21.46 and its 200-day moving average is $24.60. The company has a current ratio of 0.74, a quick ratio of 0.69 and a debt-to-equity ratio of 0.21. Limoneira has a 12 month low of $17.12 and a 12 month high of $29.22. The company has a market cap of $316.87 million, a PE ratio of 46.21 and a beta of 0.46.

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Institutional Trading of Limoneira

Large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC lifted its holdings in Limoneira by 3,345.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,550 shares of the company's stock valued at $62,000 after acquiring an additional 2,476 shares during the period. Van ECK Associates Corp lifted its stake in shares of Limoneira by 77.5% in the 4th quarter. Van ECK Associates Corp now owns 2,581 shares of the company's stock worth $63,000 after purchasing an additional 1,127 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of Limoneira by 14.3% in the third quarter. BNP Paribas Financial Markets now owns 3,486 shares of the company's stock worth $92,000 after buying an additional 436 shares during the last quarter. SG Americas Securities LLC grew its position in Limoneira by 20.1% during the fourth quarter. SG Americas Securities LLC now owns 6,924 shares of the company's stock valued at $169,000 after buying an additional 1,160 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in Limoneira by 27.9% during the third quarter. JPMorgan Chase & Co. now owns 9,086 shares of the company's stock valued at $241,000 after buying an additional 1,981 shares during the last quarter. Institutional investors own 64.35% of the company's stock.

Limoneira declared that its Board of Directors has authorized a stock buyback program on Monday, March 17th that allows the company to buyback $30.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 8.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

Limoneira Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.30 annualized dividend and a dividend yield of 1.71%. Limoneira's payout ratio is 73.17%.

Limoneira Company Profile

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.