Limoneira (NASDAQ:LMNR – Free Report) – Stock analysts at Roth Capital raised their Q3 2025 earnings per share (EPS) estimates for Limoneira in a research note issued to investors on Monday, March 24th. Roth Capital analyst G. Sweeney now anticipates that the company will post earnings of $0.37 per share for the quarter, up from their prior estimate of $0.29.
A number of other research analysts also recently commented on the company. StockNews.com upgraded Limoneira from a “sell” rating to a “hold” rating in a research report on Thursday, March 13th. Lake Street Capital lowered their price objective on shares of Limoneira from $25.00 to $23.00 and set a “hold” rating for the company in a research report on Thursday, March 13th.
Limoneira Stock Performance
NASDAQ LMNR opened at $17.60 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.74 and a quick ratio of 0.69. Limoneira has a 1-year low of $17.12 and a 1-year high of $29.22. The business has a 50 day simple moving average of $21.78 and a two-hundred day simple moving average of $24.74. The stock has a market capitalization of $317.59 million, a PE ratio of 46.32 and a beta of 0.46.
Limoneira announced that its Board of Directors has authorized a stock repurchase program on Monday, March 17th that allows the company to repurchase $30.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 8.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is undervalued.
Limoneira Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Monday, March 31st will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.30 dividend on an annualized basis and a yield of 1.70%. Limoneira’s dividend payout ratio (DPR) is presently 73.17%.
Institutional Trading of Limoneira
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisors Asset Management Inc. increased its position in Limoneira by 27.8% during the third quarter. Advisors Asset Management Inc. now owns 36,999 shares of the company’s stock valued at $980,000 after acquiring an additional 8,051 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Limoneira by 14.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,486 shares of the company’s stock worth $92,000 after purchasing an additional 436 shares during the period. De Lisle Partners LLP bought a new position in Limoneira during the 3rd quarter valued at about $269,000. PEAK6 Investments LLC purchased a new stake in Limoneira in the 3rd quarter worth about $255,000. Finally, State Street Corp lifted its stake in Limoneira by 3.7% in the third quarter. State Street Corp now owns 311,388 shares of the company’s stock worth $8,252,000 after purchasing an additional 11,003 shares during the last quarter. Hedge funds and other institutional investors own 64.35% of the company’s stock.
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.
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