Roth Capital Has Positive Estimate for Limoneira Q3 Earnings

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

Several other equities analysts have also recently commented on the stock. Lake Street Capital dropped their target price 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. StockNews.com raised Limoneira from a “sell” rating to a “hold” rating in a research report on Thursday, March 13th.

Limoneira Stock Performance

Shares of LMNR stock opened at $17.89 on Wednesday. Limoneira has a one year low of $17.12 and a one year high of $29.22. The company has a market cap of $322.83 million, a P/E ratio of 47.08 and a beta of 0.46. The firm has a 50-day moving average of $21.57 and a 200-day moving average of $24.64. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.74 and a quick ratio of 0.69.

Institutional Trading of Limoneira

Several hedge funds have recently added to or reduced their stakes in LMNR. BNP Paribas Financial Markets increased 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 last quarter. State Street Corp raised its stake in shares of Limoneira by 3.7% in the third quarter. State Street Corp now owns 311,388 shares of the company’s stock valued at $8,252,000 after buying an additional 11,003 shares during the period. Barclays PLC lifted its position in shares of Limoneira by 269.7% during the 3rd quarter. Barclays PLC now owns 21,708 shares of the company’s stock valued at $575,000 after buying an additional 15,836 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Limoneira by 3.4% during the 4th quarter. Bank of New York Mellon Corp now owns 120,532 shares of the company’s stock worth $2,948,000 after acquiring an additional 3,932 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in Limoneira by 27.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,086 shares of the company’s stock worth $241,000 after acquiring an additional 1,981 shares during the last quarter. Institutional investors own 64.35% of the company’s stock.

Limoneira Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors 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 annualized dividend and a yield of 1.68%. Limoneira’s payout ratio is currently 73.17%.

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

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.