Roth Capital Issues Positive Outlook for Limoneira Earnings

Limoneira (NASDAQ:LMNR) – Analysts at Roth Capital raised their Q3 2025 earnings per share estimates for Limoneira in a report released on Monday, March 24th. Roth Capital analyst G. Sweeney now expects that the company will post earnings per share of $0.37 for the quarter, up from their previous estimate of $0.29.

Other research analysts have also recently issued research reports about the stock. StockNews.com upgraded shares of Limoneira from a “sell” rating to a “hold” rating in a research note on Thursday, March 13th. Lake Street Capital lowered their target price on Limoneira from $25.00 to $23.00 and set a “hold” rating on the stock in a research report on Thursday, March 13th.

Limoneira Stock Performance

LMNR opened at $17.60 on Wednesday. Limoneira has a 12-month low of $17.12 and a 12-month high of $29.22. The company has a market cap of $317.59 million, a price-to-earnings ratio of 46.32 and a beta of 0.46. The company has a current ratio of 0.74, a quick ratio of 0.69 and a debt-to-equity ratio of 0.21. The company’s 50 day moving average is $21.78 and its 200 day moving average is $24.74.

Institutional Trading of Limoneira

A number of hedge funds and other institutional investors have recently modified their holdings of LMNR. BNP Paribas Financial Markets boosted its holdings in Limoneira by 14.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,486 shares of the company’s stock worth $92,000 after buying an additional 436 shares during the period. Invesco Ltd. lifted its position in shares of Limoneira by 2.0% in the fourth quarter. Invesco Ltd. now owns 25,547 shares of the company’s stock valued at $625,000 after acquiring an additional 500 shares in the last quarter. Inspire Investing LLC boosted its stake in shares of Limoneira by 3.9% in the fourth quarter. Inspire Investing LLC now owns 16,279 shares of the company’s stock worth $398,000 after acquiring an additional 617 shares during the period. Van ECK Associates Corp grew its position in shares of Limoneira by 77.5% during the fourth quarter. Van ECK Associates Corp now owns 2,581 shares of the company’s stock worth $63,000 after purchasing an additional 1,127 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in Limoneira by 20.1% during the 4th quarter. SG Americas Securities LLC now owns 6,924 shares of the company’s stock valued at $169,000 after purchasing an additional 1,160 shares during the period. 64.35% of the stock is owned by hedge funds and other institutional investors.

Limoneira declared that its board has authorized a stock buyback program on Monday, March 17th that allows the company to repurchase $30.00 million in shares. This repurchase authorization allows the company to repurchase up to 8.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Limoneira Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 1.70%. The ex-dividend date is Monday, March 31st. Limoneira’s dividend payout ratio is currently 73.17%.

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.