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 |
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
Net Revenues Grew 6% to a Record $191.5 Million in Fiscal Year 2024 Compared to Prior Year Driven by Record $25.1 Million Avocado Sales Achieved Year-Over-Year Pricing Improvement in Fresh Lemons and Avocados for Fiscal Year 2024 Company Achieved Avocado and Lemon 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, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the fiscal fourth quarter and full year ended October 3
On December 17, 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 January 15, 2025, to stockholders of record on December 30, 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 prop
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 fourth quarter and full fiscal year ended October 31, 2024, on Monday, December 23, 2024, after the market close. The Company will host a conference call to discuss its financial results on December 23, 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
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
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
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Strategic Sale of Santa Paula Basin Water Pumping Rights Validates Long-Term Water Resource Strategy While Retaining Significant Portfolio Value Three Separate Transactions Total $1.7 Million at $30,000 per Acre-Foot; Demonstrating the Value of 9,000 Acre-Feet of Water in Santa Paula Basin 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 successful completion of three separate water pumping rights transactions in the Santa Paula Basin, totaling $1.7 million. The sales, which valued the water pumping rights at
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 presenting at the 27th Annual ICR Conference, to be held January 13-15, 2025, at the JW Marriott Orlando Grande Lakes in Orlando, Florida. The Limoneira investor presentation is scheduled for Tuesday, January 14, 2025, at 9:00 am ET. The presentation will be webcast live and archived at www.limoneira.com. Visitors to the website should sel
Net Revenues Grew 6% to a Record $191.5 Million in Fiscal Year 2024 Compared to Prior Year Driven by Record $25.1 Million Avocado Sales Achieved Year-Over-Year Pricing Improvement in Fresh Lemons and Avocados for Fiscal Year 2024 Company Achieved Avocado and Lemon 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, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the fiscal fourth quarter and full year ended October 3
On December 17, 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 January 15, 2025, to stockholders of record on December 30, 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 prop
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 fourth quarter and full fiscal year ended October 31, 2024, on Monday, December 23, 2024, after the market close. The Company will host a conference call to discuss its financial results on December 23, 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
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