Limoneira Co

Limoneira Co Stock Forecast & Price Prediction

Live Limoneira Co Stock (LMNR) Price
$27.80

3

Ratings

  • Buy 2
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$27.80

P/E Ratio

89.68

Volume Traded Today

$16,200

Dividend

$0.075

52 Week High/low

29.22/17.37

Limoneira Co Market Cap

$501.8M

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LMNR Summary

The Limoneira Co (LMNR) share price is expected to decrease by 8.87% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered LMNR. Price targets range from $23 at the low end to $28 at the high end. The current analyst consensus for LMNR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

LMNR Analyst Ratings

About 3 Wall Street analysts have assignedLMNR 2 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Limoneira Co to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LMNR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

LMNR stock forecast by analyst

These are the latest 20 analyst ratings of LMNR.

Analyst/Firm

Rating

Price Target

Change

Date

Ben Klieve
Lake Street

Hold

$25

Downgrade

Sep 10, 2024

B. Riley Securities

Buy

$28

Maintains

Sep 4, 2024
Ben Klieve
Lake Street

Buy

$25

Maintains

Jun 7, 2024
Gerry Sweeney
Roth MKM

Buy

$23

Maintains

Jan 2, 2024

B. Riley Securities

Buy

$24

Initiates

Apr 6, 2023
Gerry Sweeney
Roth Capital

Buy

$17

Maintains

Dec 29, 2022
Vincent Anderson
Stifel

Buy

$16

Maintains

Mar 14, 2022
Ben Bienvenu
Stephens & Co.

Overweight

$20

Upgrade

Mar 5, 2021

Seaport Global

Neutral


Initiates

Feb 19, 2021

Stifel

Buy

$20

Maintains

Jun 10, 2020
Ben Bienvenu
Stephens & Co.

Equal-Weight

$16

Maintains

Mar 12, 2020

National Securities

Buy


Initiates

Jul 22, 2019

National Securities Corporation

Buy


Initiates

Jul 22, 2019

Stephens & Co.

Equal-Weight

$18

Downgrade

May 14, 2019
Eric Larson
Buckingham Research

Buy

$32

Maintains

Sep 11, 2018

Buckingham

Buy


Maintains

Sep 11, 2018

Stifel

Buy


Initiates

Jun 28, 2018

Stifel Nicolaus

Buy


Initiates

Jun 28, 2018

Stephens & Co.

Overweight


Initiates

Jun 25, 2018
Eric Larson
Buckingham Research

Buy

$30

Maintains

Jun 12, 2018

LMNR Company Information

What They Do: Agribusiness and real estate development company.

Business Model: The company generates revenue through three primary divisions: Agribusiness, Rental Operations, and Real Estate Development. It grows and sells various crops, including lemons, avocados, and oranges, while also renting residential and commercial properties and leasing agricultural land to third parties.

Other Information: Founded in 1893 and based in Santa Paula, California, Limoneira Company operates across multiple regions, including California, Argentina, Arizona, and Chile. The company has a significant focus on organic recycling and land development, which adds diversification to its revenue streams.
LMNR
Limoneira Co (LMNR)

When did it IPO

2003

Staff Count

257

Country

United States

Sector/Industry

Consumer Defensive/Farm Products

CEO

Mr. Harold S. Edwards

Market Cap

$501.8M

Limoneira Co (LMNR) Financial Data

In 2023, LMNR generated $179.9M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that LMNR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$179.9M

0.00 %
From Previous Year
  • Revenue TTM $189.1M
  • Operating Margin TTM 15.2%
  • Gross profit TTM $6.1M
  • Return on assets TTM -2.6%
  • Return on equity TTM 2.7%
  • Profit Margin 3.2%
  • Book Value Per Share 10.21%
  • Market capitalisation $501.8M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $179.9M
  • EPS this year (TTM) $0.31

Limoneira Co (LMNR) Latest News

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Limoneira Company (Nasdaq: LMNR) announced CEO Harold Edwards and CFO Mark Palamountain will participate in a fireside chat at the Stephens Annual Investment Conference on November 19-21.

Why It Matters - The participation of Limoneira's CEO and CFO at a prominent investment conference may signal upcoming strategic insights, potentially influencing investor sentiment and company stock performance.

News Image

Fri, 04 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors in Agriculture - Operations stocks may consider Dole (DOLE) and Limoneira (LMNR) as potential investments, assessing which is more appealing for value investment strategies.

Why It Matters - The comparison between Dole and Limoneira highlights potential investment opportunities in the agriculture sector, influencing decisions based on valuation metrics and future growth prospects.

News Image

Wed, 25 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Limoneira Company (Nasdaq: LMNR) declared a quarterly cash dividend of $0.075 per share, payable on October 18, 2024, to stockholders on record by October 7, 2024.

Why It Matters - The declaration of a cash dividend signifies financial health and commitment to returning value to shareholders, potentially attracting investors and boosting stock demand for Limoneira Company.

News Image

Wed, 18 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors in Agriculture - Operations stocks may consider Dole (DOLE) and Limoneira (LMNR) as potential undervalued options.

Why It Matters - The comparison between Dole and Limoneira highlights potential investment opportunities in undervalued stocks within the agriculture sector, impacting portfolio strategy decisions.

News Image

Mon, 09 Sep 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Limoneira Company (NASDAQ:LMNR) held its Q3 2024 earnings call on September 9, 2024, featuring CEO Harold Edwards and CFO Mark Palamountain, among other participants.

Why It Matters - Limoneira's Q3 2024 earnings call reveals financial performance, impacting investor sentiment and stock valuation based on insights from leadership and analysts.

News Image

Mon, 09 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Limoneira Company (Nasdaq: LMNR) reported its Q3 financial results for the period ending July 31, 2024, indicating strong overall business performance, according to CEO Harold Edwards.

Why It Matters - Limoneira's positive financial results indicate strong operational performance, which can boost investor confidence and potentially lead to increased stock prices.

...

LMNR Frequently asked questions

The highest forecasted price for LMNR is $28 from at B. Riley Securities.

The lowest forecasted price for LMNR is $23 from Gerry Sweeney from Roth MKM

The LMNR analyst ratings consensus are 2 buy ratings, 1 hold ratings, and 0 sell ratings.