STOCK TITAN

Limoneira Co - LMNR STOCK NEWS

Welcome to our dedicated page for Limoneira Co news (Ticker: LMNR), a resource for investors and traders seeking the latest updates and insights on Limoneira Co stock.

Founded in 1893, Limoneira Co (symbol: LMNR) stands as a historic agribusiness leader in the United States, specializing in the production and distribution of lemons and avocados. As the largest provider of these fruits in the country, Limoneira’s influence extends beyond agriculture into community development and lifestyle products.

Limoneira’s operations are divided into several segments: Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness. The Fresh Lemons segment is the company’s revenue powerhouse, reflecting its market dominance. Limoneira distributes its produce nationally, ensuring high-quality fruits reach consumers across the United States.

A notable achievement in the company's illustrious history is its role in founding Sunkist Growers and Diamond Walnut Growers, two agricultural cooperatives that have left a lasting impact on the industry.

Beyond agriculture, Limoneira is actively involved in community building. The Santa Paula East Area I project is a 500-acre development set to transform the region with a mix of residential units, senior living accommodations, new schools, retail spaces, and light industrial businesses. This ambitious project underlines Limoneira’s commitment to fostering sustainable communities.

Under the Limoneira Lifestyles brand, the company offers a range of products that resonate with consumers seeking quality and authenticity. These products are available throughout the U.S., showcasing Limoneira’s dedication to expanding its reach and influence.

Financially, Limoneira remains robust, with its diversified segments contributing to a stable revenue stream. The company’s strategic partnerships and ongoing projects position it well for future growth.

For the latest news and updates on Limoneira Co’s performance, events, and developments, StockTitan provides comprehensive and timely information, ensuring investors and stakeholders have access to the most current data.

Rhea-AI Summary

Limoneira Company (NASDAQ: LMNR) announced it will release its Q2 financial results on June 7, 2022, after market close. A conference call will be held the same day at 1:30 PM PT to discuss these results. Investors can join via phone or through a live webcast available on the company's website, which will be archived for 30 days.

Founded 129 years ago, Limoneira is a leading agribusiness in citrus production and operates across California, Arizona, Chile, and Argentina, managing over 15,400 acres of agricultural land.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
-
News
Rhea-AI Summary

On March 22, 2022, Limoneira Company (NASDAQ: LMNR) declared a quarterly cash dividend of $0.075 per common share. The dividend is payable on April 14, 2022, to stockholders of record as of April 5, 2022. This longstanding agribusiness, based in Santa Paula, California, operates across 15,400 acres in California, Arizona, Chile, and Argentina, producing lemons, avocados, and specialty citrus. Limoneira remains committed to sustainability and maintaining its status as a leading integrated agribusiness.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
dividends
-
Rhea-AI Summary

Limoneira Company (LMNR) reported a 3% revenue growth in Q1 FY 2022, totaling $39.3 million, driven by increased avocado sales and higher lemon volumes. Despite this, lemon pricing faced challenges due to market surplus and COVID-19 impacts. The company raised its avocado guidance from 6.0 million to 7.0 million pounds for FY 2022. Additionally, cash flow projections from its Harvest at Limoneira project increased by 19% to $95 million. However, the operating loss worsened to $9.6 million, with net loss rising to $6.6 million for the quarter.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.03%
Tags
Rhea-AI Summary

Limoneira Company (Nasdaq: LMNR), a diversified citrus and agribusiness firm, announced participation in the 34th Annual Roth Conference from March 13-15, 2022, in Dana Point, CA. CEO Harold Edwards and CFO Mark Palamountain will engage in one-on-one and small group meetings on March 14 and 15. Founded 129 years ago, Limoneira operates across California, Arizona, Chile, and Argentina, focusing on sustainability with 15,400 acres of agricultural land. The company is a leading producer of lemons, avocados, and specialty citrus.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
conferences
-
Rhea-AI Summary

Limoneira Company (Nasdaq: LMNR) will announce its financial results for Q1 2022, ending January 31, on March 10, 2022, after the market close. A conference call is scheduled for the same day at 1:30 PM PT to discuss the results. Investors can participate via phone or listen to a live webcast on the company's website, which will be available for 30 days post-event. The company has a long history in agribusiness, with extensive agricultural lands and a strong focus on sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.66%
Tags
-
Rhea-AI Summary

Limoneira Company (LMNR) reported a 13% revenue increase in Q4 fiscal 2021, reaching $33.5 million, driven by rising lemon prices and a doubling of brokered fruit revenue to $17.4 million. Despite global logistics challenges impacting exports, the company anticipates improved lemon carton pricing and revenue growth in FY 2022. Fresh lemon sales dropped to $7.8 million from $13.3 million YoY, largely due to shipping delays. For FY 2021, total revenue was $166.0 million versus $164.6 million in FY 2020, marking progress amid ongoing pandemic-related disruptions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
Rhea-AI Summary

Limoneira Company (Nasdaq: LMNR), based in Santa Paula, California, announced its participation in the 24th Annual ICR Conference from January 10-12, 2022, in Orlando, Florida. CEO Harold Edwards and CFO Mark Palamountain will present on January 11 at 1:30 pm ET, with a live webcast available on their website. Limoneira, an established agribusiness with 15,400 acres of agricultural land and operations in California, Arizona, Chile, and Argentina, specializes in lemons, avocados, and other crops. For details, visit www.limoneira.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
conferences
-
Rhea-AI Summary

Limoneira Company (LMNR) will release its financial results for the fourth quarter and full fiscal year ended October 31, 2021 on January 10, 2022, post-market close. A conference call to discuss these results is scheduled for 1:30 pm Pacific Time on the same day. Investors can access the call or listen to the archived webcast on the company's website. Limoneira, based in Santa Paula, California, specializes in citrus production and related agribusiness activities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
Tags
-
News
Rhea-AI Summary

On December 14, 2021, Limoneira Company (NASDAQ: LMNR) declared a quarterly cash dividend of $0.075 per common share, payable on January 14, 2022, to stockholders of record on December 27, 2021. Limoneira, headquartered in Santa Paula, California, has over 15,400 acres of agricultural land and produces lemons, avocados, oranges, and specialty citrus. Founded 128 years ago, it focuses on sustainable agricultural practices and has operations in California, Arizona, Chile, and Argentina.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
dividends
Rhea-AI Summary

Limoneira Company (NASDAQ: LMNR) announced its participation in the Stephens 23rd Annual Investment Conference scheduled for December 1-3, 2021, in Nashville, TN. CEO Harold Edwards and CFO Mark Palamountain will engage in a fireside chat on December 2, 2021, at 1:00 pm PT. This chat will be available for live streaming and will be archived on the company's website. Limoneira, based in Santa Paula, California, has over 15,400 acres of agricultural land and specializes in producing lemons, avocados, oranges, and specialty citrus.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
conferences

FAQ

What is the current stock price of Limoneira Co (LMNR)?

The current stock price of Limoneira Co (LMNR) is $26.3 as of December 20, 2024.

What is the market cap of Limoneira Co (LMNR)?

The market cap of Limoneira Co (LMNR) is approximately 470.9M.

What does Limoneira Co specialize in?

Limoneira Co specializes in the production and distribution of lemons and avocados.

When was Limoneira Co founded?

Limoneira Co was founded in 1893.

What are the main operating segments of Limoneira Co?

The main operating segments are Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness.

What is the largest revenue-generating segment for Limoneira Co?

The Fresh Lemons segment generates the maximum revenue for Limoneira Co.

What community projects is Limoneira Co involved in?

Limoneira Co is involved in the Santa Paula East Area I project, which includes residential units, senior living, new schools, retail, and light industrial businesses.

What are Limoneira Lifestyles products?

Limoneira Lifestyles products are branded items sold throughout the U.S. that reflect the company’s quality and authenticity.

What cooperatives did Limoneira help to found?

Limoneira helped to found Sunkist Growers and Diamond Walnut Growers.

Where can I find the latest news about Limoneira Co?

The latest news about Limoneira Co can be found on StockTitan, providing updates on performance, events, and developments.

What is the Santa Paula East Area I project?

The Santa Paula East Area I project is a 500-acre development by Limoneira that includes diverse residential types, senior living, new schools, retail, and light industrial businesses.

How does Limoneira Co contribute to the community?

Limoneira Co contributes to the community through projects like the Santa Paula East Area I and by providing high-quality agricultural products.

Limoneira Co

Nasdaq:LMNR

LMNR Rankings

LMNR Stock Data

470.88M
16.29M
9.79%
59.2%
1.72%
Farm Products
Consumer Defensive
Link
United States of America
SANTA PAULA