Market Cap
US$337.9m
Last Updated
2019/11/19 23:38 UTC
Data Sources
Company Financials +
Executive Summary
Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally.
Snowflake
Fundamentals
Reasonable growth potential average dividend payer.
Similar Companies
Share Price & News
How has Limoneira's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LMNR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
3.4%
LMNR
0.8%
US Food
0.9%
US Market
1 Year Return
-20.8%
LMNR
5.0%
US Food
16.8%
US Market
Return vs Industry: LMNR underperformed the US Food industry which returned 5% over the past year.
Return vs Market: LMNR underperformed the US Market which returned 16.8% over the past year.
Shareholder returns
| LMNR | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.4% | 0.8% | 0.9% |
| 30 Day | 5.8% | 2.5% | 4.5% |
| 90 Day | -0.8% | 1.4% | 6.2% |
| 1 Year | -19.5%-20.8% | 8.1%5.0% | 19.4%16.8% |
| 3 Year | 1.9%-1.7% | 2.8%-5.4% | 47.5%38.0% |
| 5 Year | -20.0%-24.4% | 38.0%21.5% | 62.0%44.1% |
Price Volatility Vs. Market
How volatile is Limoneira's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Limoneira Company (NASDAQ:LMNR) A Volatile Stock?3 weeks ago | Simply Wall St
When Should You Buy Limoneira Company (NASDAQ:LMNR)?1 month ago | Simply Wall St
What Kind Of Shareholder Owns Most Limoneira Company (NASDAQ:LMNR) Stock?Valuation
Is Limoneira undervalued compared to its fair value and its price relative to the market?
31.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LMNR ($19.4) is trading below our estimate of fair value ($28.34)
Significantly Below Fair Value: LMNR is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: LMNR is unprofitable, so we can't compare its PE Ratio to the Food industry average.
PE vs Market: LMNR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LMNR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LMNR is good value based on its PB Ratio (1.6x) compared to the US Food industry average (2.3x).
Next Steps
Future Growth
How is Limoneira forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
80.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LMNR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.7%).
Earnings vs Market: LMNR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LMNR's is expected to become profitable in the next 3 years.
Revenue vs Market: LMNR's revenue (16.4% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: LMNR's revenue (16.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LMNR's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Limoneira performed over the past 5 years?
8.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LMNR has high quality earnings.
Growing Profit Margin: LMNR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LMNR is unprofitable, but has reduced losses over the past 5 years at a rate of 8.4% per year.
Accelerating Growth: Unable to compare LMNR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LMNR is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-17.5%).
Return on Equity
High ROE: LMNR has a negative Return on Equity (-2.29%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Limoneira's financial position?
Financial Position Analysis
Short Term Liabilities: LMNR's short term assets ($50.6M) exceeds its short term liabilities ($39.2M)
Long Term Liabilities: LMNR's short term assets ($50.6M) do not cover its long term liabilities (137.5M)
Debt to Equity History and Analysis
Debt Level: LMNR's debt to equity ratio (47%) is considered high.
Reducing Debt: LMNR's debt to equity ratio has increased from 41.1% to 47% over the past 5 years.
Debt Coverage: LMNR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LMNR's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: LMNR has a high level of physical assets or inventory.
Debt Coverage by Assets: LMNR's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Limoneira's current dividend yield, its reliability and sustainability?
1.55%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: LMNR's dividend (1.55%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: LMNR's dividend (1.55%) is low compared to the top 25% of dividend payers in the US market (3.68%).
Stability and Growth of Payments
Stable Dividend: LMNR's dividends per share have been stable in the past 10 years.
Growing Dividend: LMNR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: LMNR is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: LMNR's dividends in 3 years are forecast to be well covered by earnings (38.3% payout ratio).
Next Steps
Management
What is the CEO of Limoneira's salary, the management and board of directors tenure and is there insider trading?
14.9yrs
Average management tenure
CEO
Harold Edwards (53yo)
15yrs
Tenure
US$1,817,918
Compensation
Mr. Harold S. Edwards has been the Chief Executive Officer and President at Limoneira Company since November 2004. Mr. Edwards has been a Director of Limoneira Company since 2009. Mr. Edwards served as the ...
CEO Compensation Analysis
Compensation vs Market: Harold's total compensation ($USD1.82M) is about average for companies of similar size in the US market ($USD1.73M).
Compensation vs Earnings: Harold's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
14.9yrs
Average Tenure
54yo
Average Age
Experienced Management: LMNR's management team is seasoned and experienced (14.9 years average tenure).
Board Age and Tenure
5.1yrs
Average Tenure
66yo
Average Age
Experienced Board: LMNR's board of directors are considered experienced (5.1 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Operating Officer Senior VP & COO |
| Shares | 500 |
| Max Price | US$19.70 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Management Director |
| Shares | 100 |
| Max Price | US$20.77 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Management Director |
| Shares | 1,811 |
| Max Price | US$24.09 |
| Entity | Individual |
| Role | Vice Chairman Independent Vice Chairman |
| Shares | 1,250 |
| Max Price | US$24.28 |
| Entity | Individual |
| Role | Chief Financial Officer CFO, Treasurer & Corporate Secretary |
| Shares | 1,611 |
| Max Price | US$24.35 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.9%.
Management Team
John Mills
Senior Managing Director
- Tenure: 0yrs
Harold Edwards (53yo)
President
- Tenure: 15yrs
- Compensation: US$1.82m
Mark Palamountain (43yo)
CFO, Treasurer & Corporate Secretary
- Tenure: 1.8yrs
- Compensation: US$998.90k
Greg Hamm
VP & Controller
- Tenure: 15.3yrs
Kathleen Thompson
Director of Human Resources
- Tenure: 21.5yrs
Don Delmatoff (70yo)
Director of Compliance & Special Projects
- Tenure: 9.4yrs
- Compensation: US$811.74k
Alex Teague (55yo)
Senior VP & COO
- Tenure: 0yrs
- Compensation: US$1.08m
John Chamberlain
Director of Marketing
- Tenure: 14.8yrs
John Carter
Vice President of Global Sales
- Tenure: 0yrs
Board Members
Harold Edwards (53yo)
President
- Tenure: 15yrs
- Compensation: US$1.82m
Gordon Kimball (66yo)
Independent Chairman
- Tenure: 5yrs
- Compensation: US$117.00k
Robert Sawyer (69yo)
Independent Vice Chairman
- Tenure: 0yrs
- Compensation: US$81.90k
John W. Merriman (66yo)
Independent Non-Management Director
- Tenure: 28.8yrs
- Compensation: US$78.00k
Scott Slater (61yo)
Independent Non-Management Director
- Tenure: 7.2yrs
- Compensation: US$67.50k
Don Rudkin (76yo)
Independent Non-Management Director
- Tenure: 5.1yrs
- Compensation: US$84.50k
Edgar Terry (59yo)
Independent Director
- Tenure: 2.1yrs
- Compensation: US$79.30k
Betsy Chess (70yo)
Independent Director
- Tenure: 3yrs
- Compensation: US$71.50k
Company Information
Limoneira Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Limoneira Company
- Ticker: LMNR
- Exchange: NasdaqGS
- Founded: 1893
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: US$337.860m
- Shares outstanding: 17.77m
- Website: https://www.limoneira.com
Number of Employees
Location
- Limoneira Company
- 1141 Cummings Road
- Santa Paula
- California
- 93060
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LMNR | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 1994 |
| 0JV0 | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Nov 1994 |
| 2L2 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 1994 |
Biography
Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates in six segments: Fresh Lemons, Lemon Packing, Avocados, Othe ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/19 23:38 |
| End of Day Share Price | 2019/11/19 00:00 |
| Earnings | 2019/07/31 |
| Annual Earnings | 2018/10/31 |
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 here.