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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.