Limoneira (LMNR) Projected to Post Quarterly Earnings on Monday

Limoneira (NASDAQ:LMNR) is projected to announce its Q2 2025 earnings results after the market closes on Monday, June 9th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $38.70 million for the quarter.

Limoneira Trading Up 1.8%

Shares of LMNR opened at $15.35 on Friday. The firm has a market cap of $276.99 million, a price-to-earnings ratio of 40.40 and a beta of 0.45. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.69 and a current ratio of 0.74. Limoneira has a fifty-two week low of $14.80 and a fifty-two week high of $29.22. The firm has a 50 day moving average price of $15.88 and a 200-day moving average price of $20.70.

Limoneira announced that its board has approved a share buyback plan on Monday, March 17th that permits the company to buyback $30.00 million in shares. This buyback authorization permits the company to repurchase up to 8.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

Limoneira Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Monday, March 31st were issued a $0.075 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.95%. Limoneira’s payout ratio is 73.17%.

Institutional Trading of Limoneira

An institutional investor recently bought a new position in Limoneira stock. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Limoneira (NASDAQ:LMNR) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 14,436 shares of the company’s stock, valued at approximately $256,000. Jacobs Levy Equity Management Inc. owned about 0.08% of Limoneira as of its most recent filing with the SEC. 64.35% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on LMNR shares. Wall Street Zen upgraded shares of Limoneira to a “sell” rating in a report on Wednesday, April 9th. Lake Street Capital reduced their price objective on shares of Limoneira from $25.00 to $23.00 and set a “hold” rating on the stock in a research report on Thursday, March 13th.

Limoneira Company Profile

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.