Limoneira (LMNR) to Release Quarterly Earnings on Wednesday

Limoneira (NASDAQ:LMNR) will likely be releasing its earnings data after the market closes on Wednesday, March 12th. Analysts expect Limoneira to post earnings of ($0.17) per share and revenue of $40.70 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Limoneira Stock Down 2.6 %

Shares of LMNR opened at $21.32 on Tuesday. The stock has a market cap of $384.72 million, a price-to-earnings ratio of 56.11 and a beta of 0.46. The company has a 50-day moving average price of $23.03 and a two-hundred day moving average price of $25.20. The company has a quick ratio of 0.69, a current ratio of 0.74 and a debt-to-equity ratio of 0.21. Limoneira has a 12 month low of $18.30 and a 12 month high of $29.22.

Limoneira Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Monday, December 30th were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 1.41%. The ex-dividend date was Monday, December 30th. Limoneira’s payout ratio is 78.95%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Limoneira from a “hold” rating to a “sell” rating in a report on Tuesday, February 4th.

About Limoneira

Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through three divisions: Agribusiness, Rental Operations, and Real Estate Development. 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, Valencia oranges, Minneola tangelos, Star Ruby grapefruit, pummelos, and wine grapes.