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Limoneira CompanyNasdaqGS:LMNR Stock Report

Market Cap US$215.1m
Share Price
US$12.10
US$15
19.3% undervalued intrinsic discount
1Y-26.9%
7D-5.7%
1D
Portfolio Value
View

Limoneira Company

NasdaqGS:LMNR Stock Report

Market Cap: US$215.1m

Limoneira (LMNR) Stock Overview

Operates as an agribusiness company in the United States and internationally. More details

LMNR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends3/6

LMNR Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Limoneira Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Limoneira
Historical stock prices
Current Share PriceUS$12.10
52 Week HighUS$17.19
52 Week LowUS$11.67
Beta0.30
1 Month Change-6.06%
3 Month Change-11.68%
1 Year Change-26.93%
3 Year Change-25.81%
5 Year Change-36.42%
Change since IPO437.78%

Recent News & Updates

Narrative Update Jun 07

LMNR: Composting Venture And Land Lease Will Support Future Upside Potential

Analysts have reduced their price target on Limoneira from $17 to $15, citing updated assumptions for revenue trends, profit margins, and a lower future P/E multiple as the main factors behind the revision. What's in the News Limoneira signed definitive agreements for a 50%/50% joint venture with California Wood Recycling, Inc.
Narrative Update May 23

LMNR: Composting Joint Venture Will Drive Future Upside Potential

Analysts have maintained their fair value estimate for Limoneira at $17.00. Updated assumptions indicate a slightly smaller revenue decline, a modestly higher profit margin, and a somewhat lower future P/E multiple, which together support the unchanged price target.
Narrative Update Apr 25

LMNR: Composting Venture Will Drive Future Upside As Profitability Assumptions Improve

Analysts have nudged their price target on Limoneira to $17.00, reflecting updated views on revenue trends, profit margins near 13% and a forward P/E of about 20.4x. What's in the News Limoneira signed definitive agreements for a 50%/50% joint venture with California Wood Recycling, Inc.
Narrative Update Apr 09

LMNR: Finance Leadership Transition Will Support Future Upside As Profitability Assumptions Improve

Analysts have modestly adjusted their price target on Limoneira to $17.00. This reflects updated assumptions around revenue contraction, profit margins, and a slightly lower future P/E multiple.
Narrative Update Mar 26

LMNR: Finance Leadership Transition Will Support Upside As Profitability Assumptions Improve

Analysts have trimmed their fair value estimate for Limoneira from $18 to $17, citing updated assumptions that now reflect softer revenue expectations, a slightly higher projected profit margin, and a lower future P/E multiple. What's in the News Chief Financial Officer Mark Palamountain plans to step down to pursue interests outside Limoneira, with the timing of his departure still to be determined (Key Developments).

Recent updates

Narrative Update Jun 07

LMNR: Composting Venture And Land Lease Will Support Future Upside Potential

Analysts have reduced their price target on Limoneira from $17 to $15, citing updated assumptions for revenue trends, profit margins, and a lower future P/E multiple as the main factors behind the revision. What's in the News Limoneira signed definitive agreements for a 50%/50% joint venture with California Wood Recycling, Inc.
Narrative Update May 23

LMNR: Composting Joint Venture Will Drive Future Upside Potential

Analysts have maintained their fair value estimate for Limoneira at $17.00. Updated assumptions indicate a slightly smaller revenue decline, a modestly higher profit margin, and a somewhat lower future P/E multiple, which together support the unchanged price target.
Narrative Update Apr 25

LMNR: Composting Venture Will Drive Future Upside As Profitability Assumptions Improve

Analysts have nudged their price target on Limoneira to $17.00, reflecting updated views on revenue trends, profit margins near 13% and a forward P/E of about 20.4x. What's in the News Limoneira signed definitive agreements for a 50%/50% joint venture with California Wood Recycling, Inc.
Narrative Update Apr 09

LMNR: Finance Leadership Transition Will Support Future Upside As Profitability Assumptions Improve

Analysts have modestly adjusted their price target on Limoneira to $17.00. This reflects updated assumptions around revenue contraction, profit margins, and a slightly lower future P/E multiple.
Narrative Update Mar 26

LMNR: Finance Leadership Transition Will Support Upside As Profitability Assumptions Improve

Analysts have trimmed their fair value estimate for Limoneira from $18 to $17, citing updated assumptions that now reflect softer revenue expectations, a slightly higher projected profit margin, and a lower future P/E multiple. What's in the News Chief Financial Officer Mark Palamountain plans to step down to pursue interests outside Limoneira, with the timing of his departure still to be determined (Key Developments).
Narrative Update Mar 10

LMNR: Finance Leadership Transition Will Support Upside Despite Lower Margin Outlook

Analysts have nudged their price target on Limoneira to $18.00, reflecting updated assumptions around slightly softer revenue growth, a lower profit margin outlook, and a higher future P/E multiple in their models. What's in the News Limoneira announced that Chief Financial Officer Mark Palamountain will step down, with long-time Vice President and Corporate Controller Greg Hamm set to become the new CFO, while Palamountain will stay on in an advisory role to support the transition.
Narrative Update Feb 24

LMNR: Finance Leadership Transition And Margin Outlook Will Support Upside

Analysts have kept their $18.00 price target for Limoneira unchanged, citing slightly weaker revenue growth assumptions, a modestly higher profit margin outlook, and a somewhat lower future P/E expectation. What's in the News Limoneira announced that Chief Financial Officer Mark Palamountain will step down, with long time finance executive Greg Hamm set to move into the CFO role, while Palamountain remains available in an advisory capacity to support the transition (Key Developments).
Narrative Update Feb 10

LMNR: Higher Margin Outlook Will Support Upside To Fair Value

Analysts have modestly trimmed their price target on Limoneira to reflect a slightly higher discount rate and a lower assumed future P/E of about 21.28 times. This is partly offset by a higher projected profit margin of roughly 14.32%, which supports the updated fair value of $18.00.
Narrative Update Jan 25

LMNR: Firmer Margins And 2026 Citrus Volumes Will Support Upside

Analysts have trimmed their price target on Limoneira to US$18.00, reflecting updated views that combine slightly softer revenue expectations with a modestly higher profit margin outlook and a somewhat lower future P/E assumption. What's in the News Production guidance for fiscal 2026 sets fresh lemon volumes in a range of 4.0 million to 4.5 million cartons, giving you a clearer sense of expected scale in the core citrus business (Key Developments).
Narrative Update Jan 11

LMNR: Higher Future Margins And 2026 Volume Outlook Will Support Upside

Analysts have maintained their price target for Limoneira at approximately $18.00, citing updated assumptions that include softer revenue growth, higher profit margins around 13.28%, and a lower future P/E near 22.84x. What's in the News Company issued production guidance for fiscal 2026, expecting fresh lemon volumes between 4.0 million and 4.5 million cartons.
Narrative Update Dec 27

LMNR: Future Margin Expansion Should Support Undervalued Upside Potential

Analysts have modestly raised their price target on Limoneira to 18.00 dollars from 18.00 dollars, citing expectations for improving revenue trends and higher profit margins, along with a slightly lower forward price to earnings multiple. What's in the News Issued new fiscal 2026 production guidance, projecting fresh lemon volumes between 4.0 million and 4.5 million cartons, and avocado volumes between 5.0 million and 6.0 million pounds (Corporate Guidance).
Analysis Article Dec 26

Limoneira Company (NASDAQ:LMNR) Just Reported, And Analysts Assigned A US$24.50 Price Target

It's been a sad week for Limoneira Company ( NASDAQ:LMNR ), who've watched their investment drop 12% to US$12.90 in the...
Seeking Alpha Dec 24

After Another Enormous Earnings Miss, Limoneira Tries To Spin Transition Away From Lemons

Summary Limoneira is downgraded to sell, after another significant EPS miss and mounting losses in Q4 and full-year 2025. LMNR's agribusiness remains unprofitable, with costs exceeding revenues and avocado prices dropping sharply year-over-year. Management touts a long-term transformation, but near-term catalysts are lacking, and real estate monetization is slow and back-loaded. Balance sheet risk is rising, with debt swelling to $72.5 million and no compelling reason to own LMNR in the short term. Read the full article on Seeking Alpha
Analysis Article Dec 20

Limoneira (NASDAQ:LMNR) Has Announced A Dividend Of $0.075

Limoneira Company's ( NASDAQ:LMNR ) investors are due to receive a payment of $0.075 per share on 16th of January. The...
Narrative Update Dec 12

LMNR: Future Profit Margins Are Expected To Drive Stronger Share Performance

Analysts have reduced their price target on Limoneira by 5 dollars to 18 dollars, citing weaker revenue growth expectations, which are partly offset by improving profit margins and a lower projected future price to earnings multiple. What's in the News Limoneira and PAI Centurion Citrus mutually agreed to terminate their Grower Packing and Marketing Agreement effective October 13, 2025, ending Limoneira's role in packing, marketing, and selling lemons from the Northern Properties beyond the 2024/2025 crop.
Analysis Article Sep 28

Limoneira (NASDAQ:LMNR) Is Paying Out A Dividend Of $0.075

Limoneira Company ( NASDAQ:LMNR ) will pay a dividend of $0.075 on the 17th of October. This means the annual payment...
Narrative Update Sep 13

Sunkist Partnership And Avocado Expansion Will Drive Future Success

Despite a notable improvement in revenue growth forecasts, Limoneira’s consensus price target has been revised down from $27.00 to $23.00 due to a significant decline in expected net profit margin. What's in the News Limoneira plans to explore developing its Limco Del Mar Ranch into housing to address Ventura County's affordability and supply crisis, leveraging a 221-acre property for balanced community growth.
Analysis Article Jun 29

Limoneira's (NASDAQ:LMNR) Dividend Will Be $0.075

Limoneira Company's ( NASDAQ:LMNR ) investors are due to receive a payment of $0.075 per share on 18th of July. This...
Analysis Article Jun 18

Is Limoneira (NASDAQ:LMNR) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 09

Limoneira Company's (NASDAQ:LMNR) 28% Share Price Plunge Could Signal Some Risk

To the annoyance of some shareholders, Limoneira Company ( NASDAQ:LMNR ) shares are down a considerable 28% in the last...
Analysis Article Mar 14

Would Limoneira (NASDAQ:LMNR) Be Better Off With Less Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Seeking Alpha Dec 27

Limoneira: Fiscal 2025 Looks Light, But A Great Long-Term Investment

Summary We maintain a hold recommendation on Limoneira stock, despite recent pullbacks due to earnings and avocado production warnings, advocating for a long-term investment approach. Limoneira's mixed fiscal Q4 results showed higher revenue but lower expenses, with an operating loss narrowing significantly from the previous year. The company's real estate joint ventures are promising, with substantial future revenue expected, and long-term debt has been significantly reduced. Despite short-term challenges in avocado and citrus pricing, Limoneira's expansion into more avocado planting and potential water monetization support a positive long-term outlook for LMNR stock. Read the full article on Seeking Alpha
Analysis Article Dec 24

Limoneira (NASDAQ:LMNR) Has Affirmed Its Dividend Of $0.075

Limoneira Company's ( NASDAQ:LMNR ) investors are due to receive a payment of $0.075 per share on 15th of January. The...
Analysis Article Oct 01

Limoneira (NASDAQ:LMNR) Will Pay A Dividend Of $0.075

The board of Limoneira Company ( NASDAQ:LMNR ) has announced that it will pay a dividend of $0.075 per share on the...
User avatar
New Narrative Sep 24

Risks In Avocado Production And Pricing Volatility Threaten Financial Stability

Strategic shift to an asset-lighter model and avocado volume fluctuations may impact Limoneira's revenue, margins, and financing abilities.
Analysis Article Sep 14

Investors Appear Satisfied With Limoneira Company's (NASDAQ:LMNR) Prospects As Shares Rocket 28%

The Limoneira Company ( NASDAQ:LMNR ) share price has done very well over the last month, posting an excellent gain of...
Seeking Alpha Sep 10

Limoneira: A Unique Business Still Going Strong

Summary Limoneira Company is a long-term house position up nearly 20% since December 2023, with a runway for growth. LMNR’s fiscal Q3 showed strong EPS results, despite a slight revenue miss, and continues to grow into its valuation. The 50/50 real estate JV is lucrative, with significant cash influx and future residential unit increases approved by Santa Paula City Council. Avocado revenue surged, but future guidance lowered for lemons and avocados, impacting short-term outlook; long-term potential remains strong. Read the full article on Seeking Alpha
Analysis Article Aug 27

Does Limoneira (NASDAQ:LMNR) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Jul 16

Limoneira: Significantly Undervalued, Has Potential Upside Of 50-100%

Summary Limoneira stands out not only for its longevity but also for its commitment to environmental stewardship and sustainable business practices. We believe the company's stock is significantly undervalued, with potential upside of 50-100%. Limoneira exemplifies the potential for a company to achieve both financial success and positive environmental impact. Read the full article on Seeking Alpha
Seeking Alpha Jun 24

Limoneira: Now The Avocado King, With Huge Real Estate Interests

Summary Limoneira Company is recommended as a hold following the closing of a trade at $20.64, with potential for future growth, spinoffs, and dividends. Recent fiscal Q2 earnings showed a revenue miss but strong earnings, with a focus on avocado and real estate investments for future growth. Despite revenue pressure, Limoneira has reduced expenses, improved adjusted EBITDA and net income, and updated guidance for increased avocado volumes and real estate proceeds. Read the full article on Seeking Alpha
Seeking Alpha Mar 25

Limoneira Stock: The Citrus King Further Moving Into The Avocado Empire

Summary Limoneira Company stock has returned 50% since our last buy call in September, and it is recommended to hold the stock for long-term growth with house money. The company has improved its balance sheet and shifted to an asset-light model, but its valuation is expensive. Despite lower volume, the company's citrus sales have remained strong, and investments are being made for future avocado revenues. Read the full article on Seeking Alpha
Analysis Article Mar 09

Limoneira Company (NASDAQ:LMNR) Analysts Are Pretty Bullish On The Stock After Recent Results

It's been a good week for Limoneira Company ( NASDAQ:LMNR ) shareholders, because the company has just released its...
Analysis Article Dec 28

We Think That There Are Some Issues For Limoneira (NASDAQ:LMNR) Beyond Its Promising Earnings

Following the solid earnings report from Limoneira Company ( NASDAQ:LMNR ), the market responded by bidding up the...

Shareholder Returns

LMNRUS FoodUS Market
7D-5.7%0.6%-3.3%
1Y-26.9%-6.0%22.3%

Return vs Industry: LMNR underperformed the US Food industry which returned -7.1% over the past year.

Return vs Market: LMNR underperformed the US Market which returned 22.5% over the past year.

Price Volatility

Is LMNR's price volatile compared to industry and market?
LMNR volatility
LMNR Average Weekly Movement4.0%
Food Industry Average Movement5.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: LMNR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: LMNR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1893191Harold Edwardswww.limoneira.com

Limoneira Company operates as an agribusiness company in the United States and internationally. The company operates through four segments: Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness. It produces, processes, harvests, and packs oranges, specialty citrus, and wine grapes.

Limoneira Company Fundamentals Summary

How do Limoneira's earnings and revenue compare to its market cap?
LMNR fundamental statistics
Market capUS$215.11m
Earnings (TTM)-US$22.91m
Revenue (TTM)US$143.62m
1.5x
P/S Ratio
-9.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LMNR income statement (TTM)
RevenueUS$143.62m
Cost of RevenueUS$148.26m
Gross Profit-US$4.64m
Other ExpensesUS$18.27m
Earnings-US$22.91m

Last Reported Earnings

Jan 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-1.27
Gross Margin-3.23%
Net Profit Margin-15.95%
Debt/Equity Ratio49.8%

How did LMNR perform over the long term?

See historical performance and comparison

Dividends

2.5%
Current Dividend Yield
-23%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 12:54
End of Day Share Price 2026/06/09 00:00
Earnings2026/01/31
Annual Earnings2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Limoneira Company is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric LarsonBrean Capital Historical (Janney Montgomery)
Mark SmithLake Street Capital Markets, LLC
Gerard SweeneyRoth Capital Partners