Limoneira Company logo

Limoneira Company

LMNR

NASDAQConsumer DefensiveAgricultural Farm Products

Previous close

$13.85

−$0.11 · -0.79%

Aug 21, 4:00 PM ET

LMNR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

3

Overpriced

Momentum

39

Weakening

Sentiment

45

Mixed

Risk resilience

61

Moderate Risk

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Company profile

Company website

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. The company also rents residential housing units and commercial office buildings, as well as leases land to third-party agricultural tenants. In addition, it is involved in the organic recycling operations; provision of farm management services; and development of land parcels, multi-family housing, and single-family homes. The company markets and sells its lemons directly to food service, wholesale, and retail customers; avocados, oranges, specialty citrus, and other crops to third-party packing houses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.

Industry
Agricultural Farm Products
Sector
Consumer Defensive
Headquarters
US
CEO
Harold S. Edwards
Listed since
Oct 7, 2003
Employees
191

Market position

Day range

Current $13.85

52-week range

Current $13.85

Open
$13.99
Previous close
$13.96
Volume
83.69K
1× average
Average volume
83.8K
Average daily volume
Market cap
251.13M USD
Beta
0.31
Market reference 1
50-day average
$13.4226
+3.18% above average
200-day average
$13.4976
+2.61% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
324.98M USD
P/E (TTM)
-6.09×
P/B (TTM)
1.71×
P/S (TTM)
1.9×
EV / EBITDA
-33.54×
Earnings yield
-6.34%
Free cash flow yield
-7.76%
Dividend yield
1.08%

Profitability & efficiency

Gross margin
-6.20%
Operating margin
-22.93%
Net margin
-30.50%
Return on equity
-9.32%
Return on assets
-5.02%
Return on invested capital
-6.48%

Financial health

Debt / equity
0.69×
Current ratio
1.35×
Altman Z-score
0.97
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends14%3%-7%-18%Gross margin, FY2021: 7.95%Gross margin, FY2022: 10.57%Gross margin, FY2023: 3.40%Gross margin, FY2024: 11.19%Gross margin, FY2025: -0.33%Operating margin, FY2021: -3.75%Operating margin, FY2022: -1.25%Operating margin, FY2023: 5.99%Operating margin, FY2024: -3.23%Operating margin, FY2025: -15.05%Net margin, FY2021: -2.35%Net margin, FY2022: -0.26%Net margin, FY2023: 5.23%Net margin, FY2024: 4.03%Net margin, FY2025: -10.01%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 7.95%. Gross margin FY2022 10.57%. Gross margin FY2023 3.40%. Gross margin FY2024 11.19%. Gross margin FY2025 -0.33%. Operating margin FY2021 -3.75%. Operating margin FY2022 -1.25%. Operating margin FY2023 5.99%. Operating margin FY2024 -3.23%. Operating margin FY2025 -15.05%. Net margin FY2021 -2.35%. Net margin FY2022 -0.26%. Net margin FY2023 5.23%. Net margin FY2024 4.03%. Net margin FY2025 -10.01%.

Income trends

Revenue

159.72M USD-16.60%

Operating income

−24.04M USD-289.11%

Net income

−15.98M USD−23.7M USD
Income trends across reported periods213.06M USD126.84M USD40.62M USD−45.59M USDRevenue, FY2021: 166.03M USDRevenue, FY2022: 184.61M USDRevenue, FY2023: 179.9M USDRevenue, FY2024: 191.5M USDRevenue, FY2025: 159.72M USDOperating income, FY2021: −6.22M USDOperating income, FY2022: −2.3M USDOperating income, FY2023: 10.78M USDOperating income, FY2024: −6.18M USDOperating income, FY2025: −24.04M USDNet income, FY2021: −3.9M USDNet income, FY2022: −474K USDNet income, FY2023: 9.4M USDNet income, FY2024: 7.72M USDNet income, FY2025: −15.98M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 166.03M USD. Revenue FY2022 184.61M USD. Revenue FY2023 179.9M USD. Revenue FY2024 191.5M USD. Revenue FY2025 159.72M USD. Operating income FY2021 −6.22M USD. Operating income FY2022 −2.3M USD. Operating income FY2023 10.78M USD. Operating income FY2024 −6.18M USD. Operating income FY2025 −24.04M USD. Net income FY2021 −3.9M USD. Net income FY2022 −474K USD. Net income FY2023 9.4M USD. Net income FY2024 7.72M USD. Net income FY2025 −15.98M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue159.72M USD191.5M USD179.9M USD184.61M USD166.03M USD
Cost of goods sold160.25M USD170.08M USD173.78M USD165.09M USD152.82M USD
Gross profit−530K USD21.42M USD6.12M USD19.52M USD13.2M USD
Selling, general, and administrative24.48M USD27.46M USD26.46M USD21.82M USD19.43M USD
Operating expenses23.51M USD27.6M USD−4.66M USD21.82M USD19.43M USD
Interest income62K USD118K USD364K USD53K USD379K USD
Interest expense1.55M USD961K USD494K USD2.29M USD1.5M USD
Depreciation and amortization9.76M USD9.11M USD9.44M USD10.24M USD10.33M USD
Operating income−24.04M USD−6.18M USD10.78M USD−2.3M USD−6.22M USD
Net income−15.98M USD7.72M USD9.4M USD−474K USD−3.9M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 6 misses, 1 met estimate
Average EPS surprise
-174.05%
11 comparable reports
Latest EPS result
-0.29
Estimate -0.21 · Miss by 38.10%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.21-0.04-0.28-0.53Q4 '24MissQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26Estimate
Q4 2024, reported Dec 23, 2024: actual -0.09, estimate -0.07, surprise -28.57%, Miss. Q1 2025, reported Mar 12, 2025: actual -0.14, estimate -0.24, surprise +41.67%, Beat. Q2 2025, reported Jun 9, 2025: actual -0.17, estimate -0.01, surprise -1600.00%, Miss. Q3 2025, reported Sep 9, 2025: actual -0.02, estimate 0.055, surprise -136.36%, Miss. Q4 2025, reported Dec 23, 2025: actual -0.45, estimate -0.11, surprise -309.09%, Miss. Q1 2026, reported Mar 12, 2026: actual -0.48, estimate -0.33, surprise -45.45%, Miss. Q2 2026, reported Jun 9, 2026: actual -0.29, estimate -0.21, surprise -38.10%, Miss. Q3 2026, reported Sep 8, 2026: actual —, estimate 0.16, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates65.35M48.12M30.88M13.65MQ4 '24BeatQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 23, 2024: actual 43.86M USD, estimate 40M USD, surprise +9.65%, Beat. Q1 2025, reported Mar 12, 2025: actual 34.31M USD, estimate 50.7M USD, surprise -32.34%, Miss. Q2 2025, reported Jun 9, 2025: actual 35.12M USD, estimate 61.7M USD, surprise -43.08%, Miss. Q3 2025, reported Sep 9, 2025: actual 47.48M USD, estimate 50.11M USD, surprise -5.25%, Miss. Q4 2025, reported Dec 23, 2025: actual 42.82M USD, estimate 35.35M USD, surprise +21.13%, Beat. Q1 2026, reported Mar 12, 2026: actual 18.21M USD, estimate 16.05M USD, surprise +13.40%, Beat. Q2 2026, reported Jun 9, 2026: actual 23.93M USD, estimate 21.42M USD, surprise +11.70%, Beat. Q3 2026, reported Sep 8, 2026: actual —, estimate 45.82M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$18.00

29.96% upside
Past 12 months12-month forecastHigh $18.00Average $18.00Low $18.00

Rating distribution

13 ratings
Strong buy00%
Buy1292%
Hold18%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions
B. Riley SecuritiesmaintainBuy
Roth MKMmaintainBuy

LMNR news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.30

2025 complete year0.0% since 2021

Corporate action history

Dividend

Ex-dividend Dec 30, 2025

$0.075

Irregular

Record Dec 30, 2025 · Payment Jan 16, 2026

Dividend

Ex-dividend Oct 6, 2025

$0.075

Quarterly

Record Oct 6, 2025 · Payment Oct 17, 2025

Dividend

Ex-dividend Jul 7, 2025

$0.075

Quarterly

Record Jul 7, 2025 · Payment Jul 18, 2025

Dividend

Ex-dividend Mar 31, 2025

$0.075

Quarterly

Record Mar 31, 2025 · Payment Apr 11, 2025

Dividend

Ex-dividend Dec 30, 2024

$0.075

Quarterly

Record Dec 30, 2024 · Payment Jan 15, 2025

Dividend

Ex-dividend Oct 7, 2024

$0.075

Quarterly

Record Oct 7, 2024 · Payment Oct 18, 2024

LMNR peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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