Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through four segments: Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness. 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 6,000 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; 900 acres of avocados planted in Ventura County; 1,400 acres of oranges planted in Tulare County, California; and 900 acres of specialty citrus and other crops. In addition, the company rents residential housing units and commercial office buildings, 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 third-party packinghouses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.
IPO Year:
Exchange: NASDAQ
Website: limoneira.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/10/2024 | Buy → Hold | Lake Street | |
1/2/2024 | $17.00 → $23.00 | Buy | ROTH MKM |
4/6/2023 | $24.00 | Buy | B. Riley Securities |
10-Q - Limoneira CO (0001342423) (Filer)
8-K - Limoneira CO (0001342423) (Filer)
8-K - Limoneira CO (0001342423) (Filer)
8-K - Limoneira CO (0001342423) (Filer)
10-Q - Limoneira CO (0001342423) (Filer)
8-K - Limoneira CO (0001342423) (Filer)
8-K - Limoneira CO (0001342423) (Filer)
8-K - Limoneira CO (0001342423) (Filer)
8-K - Limoneira CO (0001342423) (Filer)
ARS - Limoneira CO (0001342423) (Filer)
4 - Limoneira CO (0001342423) (Issuer)
4 - Limoneira CO (0001342423) (Issuer)
4 - Limoneira CO (0001342423) (Issuer)
4 - Limoneira CO (0001342423) (Issuer)
4 - Limoneira CO (0001342423) (Issuer)
4 - Limoneira CO (0001342423) (Issuer)
4 - Limoneira CO (0001342423) (Issuer)
4 - Limoneira CO (0001342423) (Issuer)
4 - Limoneira CO (0001342423) (Issuer)
4 - Limoneira CO (0001342423) (Issuer)
Lake Street downgraded Limoneira from Buy to Hold
ROTH MKM reiterated coverage of Limoneira with a rating of Buy and set a new price target of $23.00 from $17.00 previously
B. Riley Securities initiated coverage of Limoneira with a rating of Buy and set a new price target of $24.00
Lake Street resumed coverage of Limoneira with a rating of Buy and set a new price target of $23.00
Northland Capital upgraded Limoneira from Market Perform to Outperform and set a new price target of $38.00
Roth Capital reiterated coverage of Limoneira with a rating of Buy and set a new price target of $21.00 from $18.00 previously
Lake Street Capital reiterated coverage of Limoneira with a rating of Buy and set a new price target of $20.50 from $18.00 previously
Stephens upgraded Limoneira from Equal Weight to Overweight and set a new price target of $20.00 from $17.00 previously
Stephens upgraded Limoneira from Equal Weight to Overweight
Stephens upgraded Limoneira from Equal-Weight to Overweight and set a new price target of $20.00 from $17.00 previously
Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced that Harold Edwards, the Company's Chief Executive Officer, and Mark Palamountain, the Company's Chief Financial Officer, will be participating in a fireside chat at the Stephens Annual Investment Conference, to be held November 19-21, 2024 in Nashville, Tennessee. Management will participate in a fireside chat on Thursday, November 21, 2024, at 1:00 pm ET. The fireside chat will be webcast live and archived at www.limoneira.com. Visitors to the website should select
On September 24, 2024, the Board of Directors of Limoneira Company (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on October 18, 2024, to stockholders of record on October 7, 2024. About Limoneira Company Limoneira Company, a 131-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate propert
Net Revenues Grew 21% to $63.3 Million in Third Quarter of Fiscal Year 2024 Compared to Prior Year Operating Income in Third Quarter of Fiscal Year 2024 was $9.0 Million, Compared to Operating Loss of $1.5 Million in Prior Year Company Achieved Year-Over-Year Pricing Improvement in Fresh Lemons and Avocados in Third Quarter of Fiscal Year 2024 Avocado Revenues Grew Over 300% to $13.9 Million in Third Quarter of Fiscal Year 2024 Company Significantly Increases Avocado Volume Guidance for Fiscal Year 2024 Strategic Alternatives Exploration to Maximize Stockholder Value Continues to Progress Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, pac
Company to Host Conference Call at 1:30 pm Pacific Time Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today it will release financial results for the third quarter ended July 31, 2024, on Monday, September 9, 2024, after the market close. The Company will host a conference call to discuss its financial results on September 9, 2024, at 1:30 pm Pacific Time (4:30 pm Eastern Time). Investors interested in participating in the live call can dial (877) 407-0789 from the U.S. International callers can dial (201) 689-8562.
On June 25, 2024, the Board of Directors of Limoneira Company (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on July 19, 2024, to stockholders of record on July 8, 2024. About Limoneira Company Limoneira Company, a 131-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate properties, and
Company Closes Significant Real Estate Development Joint Venture Deal with The Lewis Group of Companies with an Additional 554 Residential Homesites at Harvest at Limoneira Harvest at Limoneira Approved for an Additional 550 Entitled Lots from 1,500 to 2,050 Company Increases Expected Proceeds from Harvest at Limoneira by 46% to $180 Million Company Raises Avocado Volume Guidance for Fiscal Year 2024 Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the second quarter ended April 30, 2024.
Company to Host Conference Call at 1:30 pm Pacific Time Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today it will release financial results for the second quarter ended April 30, 2024, on Thursday, June 6, 2024, after the market close. The Company will host a conference call to discuss its financial results on June 6, 2024, at 1:30 pm Pacific Time (4:30 pm Eastern Time). Investors interested in participating in the live call can dial (877) 407-0789 from the U.S. International callers can dial (201) 689-8562. A tel
Total Number of Entitled Lots for the Development Project Grows 37% from 1,500 Dwelling Units to 2,050 Dwelling Units Limoneira Increases Phase 3 of Harvest at Limoneira by 250 Single-Family Homesites and Adds 300 Rental Homes to the Project Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today that the Santa Paula City Council has approved the proposal brought forward by the Company's real estate development joint venture with The Lewis Group of Companies ("Lewis") to increase the number of entitled lots in the Harve
Phase 2 Closing Consists of 554 Homesites in Harvest; All Acquired by Lennar Joint Venture Has Now Closed a Total of 1,261 Residential Homesite Sales at Harvest Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today that its real estate development joint venture with The Lewis Group of Companies ("Lewis") has closed an additional 554 residential homesites at their Harvest at Limoneira master planned community in Santa Paula ("Harvest"). These homesites were purchased by Lennar, one of the primary builders in Phase 1 of
On March 19, 2024, the Board of Directors of Limoneira Company (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on April 12, 2024, to stockholders of record on April 1, 2024. About Limoneira Company Limoneira Company, a 131-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate properties, a
The Board of Directors of Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced the retirement of Elizabeth Blanchard Chess from the Company's Board of Directors (the "Board"), effective January 1, 2024. Peter J. Nolan has been appointed to the Board, effective January 1, 2024, to fill the vacancy created by the retirement of Ms. Chess. Mr. Nolan will also serve as a member of the Board's Audit and Finance Committee and Risk Management Committee. Following the appointment of Mr. Nolan, the Board will be comprised of seven
The Board of Directors of Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced the resignation of Robert M. Sawyer, effective November 1, 2022. Barbara Carbone has been appointed to the Board of Directors, effective November 1, 2022. Ms. Carbone will also serve as a member of the Board's Audit and Finance Committee and Risk Management Committee. The actions announced today are in addition to the enhancements made to the Board earlier this year with the appointment of Scott S. Slater as Chairperson of the Board of Direct
The Board of Directors of Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced that Jesus "Chuy" Loza has decided to resign from its Board of Directors effective June 14, 2022 to focus his attention on continuing to lead Freska Produce. Limoneira Chairman of the Board, Gordon Kimball, stated, "On behalf of our Board and Limoneira's management team, we thank Chuy for his service and commitment to our Company. We greatly appreciate his insight and expertise throughout market cycles and the growth of One World of Citrus ™.
Seasoned Corporate Environmental Social and Governance ("ESG") Professional Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced the appointment of Elizabeth (Beth) Mora to the Company's Board of Directors. Following the appointment of Ms. Mora, the Board will be comprised of 11 directors, nine of whom are independent. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211027005021/en/Elizabeth Mora (Photo: Business Wire) Limoneira Chairman of the Board, Gordon K
SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced the appointment of a new Director of Human Resources. Debra Walker has accepted the position of Director of Human Resources for Limoneira Company effective February 5, 2021. Prior to joining Limoneira, Walker worked as the General Manager of The Marlin Packing Company in Yuma, Arizona from 2005 to 2014. Marlin Packing was acquired by Limoneira Company in 2014 at which point Walker became the Human Resources Manager/Gene
SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the fourth quarter and full fiscal year ended October 31, 2020. Management Comments Harold Edwards, President and Chief Executive Officer of the Company, stated, “We achieved record lemon volume in fiscal 2020 and our real estate development project, Harvest at Limoneira, exceeded our expectations. Domestic lemon volume was up due to our expanded focus on grocery retail as consumers continue to focus
On September 24, 2024, the Board of Directors of Limoneira Company (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on October 18, 2024, to stockholders of record on October 7, 2024. About Limoneira Company Limoneira Company, a 131-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate propert
Net Revenues Grew 21% to $63.3 Million in Third Quarter of Fiscal Year 2024 Compared to Prior Year Operating Income in Third Quarter of Fiscal Year 2024 was $9.0 Million, Compared to Operating Loss of $1.5 Million in Prior Year Company Achieved Year-Over-Year Pricing Improvement in Fresh Lemons and Avocados in Third Quarter of Fiscal Year 2024 Avocado Revenues Grew Over 300% to $13.9 Million in Third Quarter of Fiscal Year 2024 Company Significantly Increases Avocado Volume Guidance for Fiscal Year 2024 Strategic Alternatives Exploration to Maximize Stockholder Value Continues to Progress Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, pac
Company to Host Conference Call at 1:30 pm Pacific Time Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today it will release financial results for the third quarter ended July 31, 2024, on Monday, September 9, 2024, after the market close. The Company will host a conference call to discuss its financial results on September 9, 2024, at 1:30 pm Pacific Time (4:30 pm Eastern Time). Investors interested in participating in the live call can dial (877) 407-0789 from the U.S. International callers can dial (201) 689-8562.
On June 25, 2024, the Board of Directors of Limoneira Company (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on July 19, 2024, to stockholders of record on July 8, 2024. About Limoneira Company Limoneira Company, a 131-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate properties, and
Company Closes Significant Real Estate Development Joint Venture Deal with The Lewis Group of Companies with an Additional 554 Residential Homesites at Harvest at Limoneira Harvest at Limoneira Approved for an Additional 550 Entitled Lots from 1,500 to 2,050 Company Increases Expected Proceeds from Harvest at Limoneira by 46% to $180 Million Company Raises Avocado Volume Guidance for Fiscal Year 2024 Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the second quarter ended April 30, 2024.
Company to Host Conference Call at 1:30 pm Pacific Time Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today it will release financial results for the second quarter ended April 30, 2024, on Thursday, June 6, 2024, after the market close. The Company will host a conference call to discuss its financial results on June 6, 2024, at 1:30 pm Pacific Time (4:30 pm Eastern Time). Investors interested in participating in the live call can dial (877) 407-0789 from the U.S. International callers can dial (201) 689-8562. A tel
On March 19, 2024, the Board of Directors of Limoneira Company (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on April 12, 2024, to stockholders of record on April 1, 2024. About Limoneira Company Limoneira Company, a 131-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 10,500 acres of rich agricultural lands, real estate properties, a
Net Revenues Grew 5% to $39.7 Million in First Quarter of Fiscal Year 2024 Compared to Prior Year Strategic Shift Toward Higher Margin "Asset-Lighter" Business Model Reflected in First Quarter of Fiscal Year 2024 Results; Agribusiness Operating Loss Improved 84% and Agribusiness Costs and Expenses Decreased 5% in First Quarter of Fiscal Year 2024 Compared to Prior Year Brokered Lemons and Other Lemon Sales Increased to $2.9 Million and Company Achieved $2.0 Million in Farm Management Revenue in First Quarter of Fiscal Year 2024 Company Reiterates Lemon and Avocado Volume Guidance for Fiscal Year 2024 Company Continues Exploration of Strategic Alternatives Intended to Maximize Stockh
Company to Host Conference Call at 1:30 pm Pacific Time Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today it will release financial results for the first quarter ended January 31, 2024, on Thursday, March 7, 2024, after the market close. The Company will host a conference call to discuss its financial results on March 7, 2024, at 1:30 pm Pacific Time (4:30 pm Eastern Time). Investors interested in participating in the live call can dial (877) 407-0789 from the U.S. International callers can dial (201) 689-8562. A
Company Achieved Year-Over-Year Pricing Improvement in Fresh Lemons in Fourth Quarter of Fiscal Year 2023 Full Year Brokered Lemons and Other Lemon Sales Grew 24% to $30.3 Million Compared to Prior Year and Company Achieved $9.9 Million in Farm Management Revenue in Fiscal Year 2023 Company Achieved Avocado Volume Guidance and Lemon Volume Guidance for Fiscal Year 2023 Company Increases Expected Proceeds from Harvest at Limoneira by 14% to $131 Million Company Executing Exploration of Strategic Alternatives Intended to Maximize Stockholder Value Limoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with
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Looking ahead, the Company is raising its outlook for non-GAAP EBITDA accretion to a range of $45 million to $55 million by fiscal year 2030, up from its previous target of $30 million. This increase is underpinned by plans to significantly expand avocado production by 1,000 acres over the next three years to capitalize on robust consumer demand trends. During this transition, the Company expects FY 2025 and FY 2026 operational results to be similar to FY 2024. These operational results do not take into account expected additional earnings from Harvest at Limoneira.
Limoneira (NASDAQ:LMNR) reported quarterly earnings of $0.44 per share which beat the analyst consensus estimate of $0.18 by 144.44 percent. The company reported quarterly sales of $44.606 million which missed the analyst consensus estimate of $53.963 million by 17.34 percent. This is a 7.21 percent decrease over sales of $48.070 million the same period last year.
Lake Street analyst Ben Klieve maintains Limoneira (NASDAQ:LMNR) with a Buy and raises the price target from $23 to $25.
U.S. stocks were mixed, with the Dow Jones index gaining around 0.1% on Friday. Shares of Argan, Inc. (NYSE:AGX) rose sharply during Friday's session after the company reported better-than-expected first-quarter financial results. Argan posted quarterly earnings of 58 cents per share, beating market estimates of 52 cents per share. The company's quarterly sales came in at $157.68 million versus expectations of $134.75 million, according to data from Benzinga Pro. Argan shares climbed 11.1% to $76.78 on Thursday. Here are some other big stocks recording gains in today’s session. Geron Corporation (NASDAQ:GERN) shares climbed 26% to $4.90 as the company reported the FDA approva
Total Number of Entitled Lots for the Development Project Grows 37% from 1,500 Dwelling Units to 2,050 Dwelling UnitsLimoneira Increases Phase 3 of Harvest at Limoneira by 250 Single-Family Homesites and Adds 300 Rental Homes to the ProjectLimoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today that the Santa Paula City Council has approved the proposal brought forward by the Company's real estate development joint venture with The Lewis Group of Companies ("Lewis") to increase the number of entitled lots in the Harvest at L
Phase 2 Closing Consists of 554 Homesites in Harvest; All Acquired by LennarJoint Venture Has Now Closed a Total of 1,261 Residential Homesite Sales at HarvestLimoneira Company (the "Company" or "Limoneira") (NASDAQ:LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today that its real estate development joint venture with The Lewis Group of Companies ("Lewis") has closed an additional 554 residential homesites at their Harvest at Limoneira master planned community in Santa Paula ("Harvest"). These homesites were purchased by Lennar, one of the primary builders in Phase 1 of Harves
Limoneira (NASDAQ:LMNR) reported its Q1 earnings results on Thursday, March 7, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Limoneira beat estimated earnings by 38.0%, reporting an EPS of $-0.18 versus an estimate of $-0.29. Revenue was up $1.83 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.0 which was followed by a 7.000000000000001% increase in the share price the next day. Here's a look at Limoneira's past performance: Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023 EPS Estimate -0.15 0.15 0.19 -0.35 EPS Actual -0.15 0.02 0.21 -0.53 Revenue Estimate 37.82M 50.07M 48.24M 37.71M Re
Limoneira (NASDAQ:LMNR) reported quarterly losses of $(0.180) per share which beat the analyst consensus estimate of $(0.270) by 33.33 percent. The company reported quarterly sales of $39.731 million which missed the analyst consensus estimate of $40.581 million by 2.10 percent. This is a 4.83 percent increase over sales of $37.901 million the same period last year.
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