Limoneira (LMNR) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $15.70 to $16.18
• 50-Day Range: $15.70 to $23.10
• 52-Week Range: $15.58 to $29.22
• Volume: 9,687 shs
• Average Volume: 53,733 shs
• Market Capitalization: $288.88 million
• P/E Ratio: 41.80
• Dividend Yield: 1.87%
• Price Target: $25.50
• Consensus Rating: Moderate Buy

Limoneira Stock Analysis - MarketRank™

Limoneira scored higher than 77% of companies evaluated by MarketBeat, and ranked 45th out of 153 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Limoneira has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Limoneira has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Limoneira is 41.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Limoneira is 41.32, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 15.35.

Price to Book Value per Share Ratio

Limoneira has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.71% 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 4.1.

Change versus previous month

Short interest in Limoneira has recently increased by 8.73%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Limoneira pays a meaningful dividend of 1.88%, 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 73.17%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 4.3 / 5
• Environmental Score: -2.50

Percentage of Shares Shorted

1.71% 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 4.1.

Change versus previous month

Short interest in Limoneira has recently increased by 8.73%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Limoneira has a news sentiment score of 1.67. 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 0.89 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.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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 8.85% 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.

LMNR Stock Analysis - Frequently Asked Questions

How have LMNR shares performed this year?

Limoneira's stock was trading at $24.46 on January 1st, 2025. Since then, LMNR stock has decreased by 35.8% and is now trading at $15.70.
View the best growth stocks for 2025 here.

How were Limoneira's earnings last quarter?

Limoneira (NASDAQ:LMNR) posted its quarterly earnings results on Thursday, March, 7th. The company reported ($0.23) earnings per share for the quarter, topping analysts' consensus estimates of ($0.28) by $0.05. The business had revenue of $39.73 million for the quarter, compared to analyst estimates of $39.07 million. Limoneira had a net margin of 4.03% and a trailing twelve-month return on equity of 4.34%.
Read the conference call transcript.

Is Limoneira buying back stock?

Limoneira's Board of Directors initiated a stock buyback plan on Monday, March 17th 2025, which allows the company to buy back $30,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 8.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

Who are Limoneira's major shareholders?

Top institutional shareholders of Limoneira include Riverwater Partners LLC (1.33%), Baker Ellis Asset Management LLC (0.20%), Rhumbline Advisers (0.11%) and Byrne Asset Management LLC (0.02%). Insiders that own company stock include Harold S Edwards, Mark Palamountain 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.

What other stocks do shareholders of Limoneira own?

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: 3/07/2024
• Record date for 4/11 Dividend: 3/31/2025
• Ex-Dividend for 4/11 Dividend: 3/31/2025
• Dividend Payable: 4/11/2025
• Today: 4/22/2025
• Next Earnings (Estimated): 6/05/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Agricultural production - crops
• Sub-Industry: Agricultural Products
• Current Symbol: NASDAQ:LMNR
• CIK: 1342423
• Web: www.limoneira.com
• Phone: (805) 525-5541
• Fax: 513-389-4634
• Employees: 260
• Year Founded: 1893

Price Target and Rating

• Average Stock Price Target: $25.50
• High Stock Price Target: $28.00
• Low Stock Price Target: $23.00
• Potential Upside/Downside: +60.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.41
• Trailing P/E Ratio: 41.47
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $7.72 million
• Net Margins: 4.03%
• Pretax Margin: 6.03%
• Return on Equity: 4.34%
• Return on Assets: 2.68%

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 0.74
• Quick Ratio: 0.69

Sales & Book Value

• Annual Sales: $186.08 million
• Price / Sales: 1.54
• Cash Flow: $0.65 per share
• Price / Cash Flow: 24.60
• Book Value: $10.62 per share
• Price / Book: 1.50

Miscellaneous

• Outstanding Shares: 18,045,000
• Free Float: 16,465,000
• Market Cap: $286.63 million
• Optionable: Optionable
• Beta: 0.38