StockpollyBeta
Get App
Popularity #3,337
LMNR · NASDAQ · Agricultural Farm Products

Limoneira (LMNR)

Grows and packs lemons while managing avocado, land, water, and rental assets.

$12.82
vs last close+0.22 (+1.73%)
Loading prices…

Something off on this page? Send us feedback.

Limoneira CompanyLMNR
Consumer Staples

Produces and packs lemons, sells avocados and other crops, and operates rental, land, water, and California real-estate assets. The business is concentrated in agribusiness but shaped by Sunkist execution, harvest timing, weather, water availability, labor, and development approvals.

Produces fresh lemons, lemon packing services, avocados, and other agribusiness crops from a Santa Paula base, with operations tied to California and select international farming regions. Other agribusiness includes oranges, specialty citrus, and wine grapes, while rental operations and real-estate development sit alongside the crop business.

Owns agricultural land and water resources and carries a land-stewardship identity rooted in its original lemon acreage. Lemon products can carry Limoneira and Sunkist branding after the packinghouse license transition, and management is shifting activity toward higher avocado production and asset monetization.

Agribusiness remains exposed to crop quality, harvest timing, weather, drought, pests, labor availability, and commodity price and volume swings. Real-estate value depends on partner capital, financing, land-use approvals, water availability, and California development conditions.

Company facts

CEOHarold S. Edwards
ListedMay 27, 2010
ExchangeNASDAQ
HeadquartersSanta Paula, CA
CountryUnited States
Employees191
CIK0001342423
ISINUS5327461043

Market cap$228.5M
EPS (ttm)−$2.39
P/E (ttm)−5.27
ROE-27.4%
P/B1.60
P/S1.77
Dividend yieldDiv yield1.79%
Beta0.24vs XLP 0.60

Price target$16.50+31.0%Average of 13 analysts
ConsensusBuy12 of 13 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 10, 2026Lake StreetReiterate
Rating: —Target: $18
Rating: BuyTarget: $16.50
Jun 10, 2026Lake StreetReiterate
Rating: —Target: $23
Rating: BuyTarget: $18
Jun 10, 2025Lake StreetUpgrade
Rating: Hold
Rating: Buy

EPSReportedEstimate

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Reported−$0.09−$0.14−$0.17−$0.02−$0.45−$0.48−$0.29$0.02
Estimate−$0.07−$0.24−$0.01$0.06−$0.11−$0.33−$0.21$0.19
Surprise−28.6%+41.7%−1,600.0%−136.4%−309.1%−45.5%−38.1%−89.5%

RevenueReportedEstimate

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Reported$43.9M$34.3M$35.1M$47.5M$42.8M$18.2M$23.9M$43.8M
Estimate$42.5M$40.7M$38.7M$50.1M$35.4M$16.1M$21.4M$49.6M
Surprise+3.3%−15.7%−9.3%−5.2%+21.1%+13.4%+11.7%−11.7%
Estimate$0.19
Reported$0.02−89.5%
Estimate$49.6M
Reported$43.8M−11.7%
View details

Debt to equity76.30%
Current ratio150.60%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$43.9M$34.3M$35.1M$47.5M$42.8M$18.2M$23.9M$43.8M
Net income−$1.9M−$3.1M−$3.4M−$855.0K−$8.7M−$9.4M−$21.4M−$3.0M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income−$2.8M−$5.3M−$3.3M−$615.0K−$14.7M−$10.5M−$4.5M$1.5M
YoY growthLoss narrowedLoss narrowedLoss narrowedTurned lossLoss widenedLoss widenedLoss widenedTurned profit

Balance sheet, Jul 31, 2026Cash & short-term investments $2.2M · Total debt $109.0M · Total assets $299.4M · Shareholders' equity $142.8M

Revenue
$43.8M
Operating income
$1.5M
Net income
−$3.0M
View details

Dividend yield
1.79%
Next ex-date
—
Annual dividend
$0.22
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Mar '24Jul '24Oct '24Dec '24Mar '25Jul '25Oct '25Dec '25
Dividend$0.075$0.075$0.075$0.075$0.075$0.075$0.075$0.075
Annual yield1.53%1.52%1.14%1.25%1.69%1.93%2.01%2.41%
Ex-dateMar 28Jul 8Oct 7Dec 30Mar 31Jul 7Oct 6Dec 30
Payment dateApr 12Jul 19Oct 18Jan 15Apr 11Jul 18Oct 17Jan 16
View details

Institutions61.25%11.11M shares
113 holders · as of Jun 30, 2026
Insiders9.06%1.64M shares
9 holders · as of Sep 1, 2026
Strategic holders9.48%1.72M shares
1 holder · as of Feb 14, 2019
Other20.21%3.66M shares
remainder

18.13M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Global Alpha Capital Management Ltd.Institution
15.99%2.90Mas of Jun 30, 2026
Calavo Growers IncStrategic
9.48%1.72Mfiled Feb 14, 2019
BlackRock, Inc.Institution
6.33%1.15Mas of Jun 30, 2026
Peter J. Nolan1,2Insiderdirector
5.62%1.01Mfiled Mar 26, 2026
Old West Investment Management, LLCInstitution
5.25%952,292filed Feb 23, 2023
  1. Peter J. Nolan's transaction reports restate only vehicles that traded; the 2023 ownership statement (1.01M) plus the 12.4K net shares acquired since is used instead.
  2. Peter J. Nolan reports a block also reported by BlackRock, Inc.; it is counted once, under BlackRock, Inc.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 1, 2026Gregory C. Hammofficer: VP, CFO and Treasurer−1,000$13.79
Aug 3, 2026Gregory C. Hammofficer: VP, CFO and Treasurer−1,000$12.99
Jul 1, 2026Gregory C. Hammofficer: VP, CFO and Treasurer−1,000$13.05
Jun 1, 2026Gregory C. Hammofficer: VP, CFO and Treasurer−1,000$12.77
May 1, 2026Gregory C. Hammofficer: VP, CFO and Treasurer−1,000$12.78
View details

  • Del Monte

    Broad fresh-produce rival in avocados, citrus, and retail channels

  • Dole

    Global fresh-produce platform overlapping citrus, avocados, and channels

  • Mission Produce

    Scaled avocado supplier now combining Mission and Calavo platforms

  • Alico

    Residual Florida citrus and land peer after citrus wind-down

Compare

CompanyPriceChange
Limoneira$12.82+1.73%$228.5M—45.81.8−7.7%
Del Monte$29.22+2.96%$1.39B39.0—0.3−4.9%
Dole$13.22+1.69%$1.24B20.99.30.1+2.9%
Mission Produce$12.54−2.03%$1.13B405.117.30.8+25.8%
Alico$39.61+0.84%$291.3M187.0—17.1+7.8%
Median113.013.30.6+5.3%