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Limoneira Company

NASDAQ•LMNR
CEO: Mr. Harold S. Edwards
Sector: Consumer Defensive
Industry: Agricultural Farm Products
Listing Date: 2003-10-07
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. It has approximately 3,500 acres of lemons planted primarily in Ventura, Tulare, San Luis Obispo, and San Bernardino Counties in California; and Jujuy, Argentina, as well in Yuma County, Arizona, and La Serena, Chile; 1,200 acres of avocados planted in Ventura County; 100 acres of oranges planted in Tulare County, California; and 400 acres of specialty citrus and other crops. In addition, the company rents residential housing units and commercial office buildings, as well as leases approximately 400 acres of its land to third-party agricultural tenants. Further, it is involved in the organic recycling operations; 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 packinghouses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.
Contact Information
1141 Cummings Road, Santa Paula, CA, 93060, United States
805-525-5541
www.limoneira.com
Market Cap
$234.99M
P/E (TTM)
-5.8
8.7
Dividend Yield
1.7%
52W High
$16.99
52W Low
$11.67
52W Range
24%
Rank40Top 42.0%
4.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

$23.93M+0.00%
4-Quarter Trend

EPS

-$1.20+0.00%
4-Quarter Trend

FCF

-$9.46M+0.00%
4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

Revenue Plummets 47% Total net revenues $18.2M, down 47% from $34.3M, driven by major shift in lemon sales structure during the quarter.
Lemon Sales Decline Sharply Agribusiness revenue fell 49% to $16.8M; Lemon revenue dropped 45% to $15.7M due to Sunkist transition implementation.
Net Loss Widens Significantly Net loss applicable to common stock reached $(9.6M), compared to $(3.2M) prior period; EPS loss $(0.53).
Operating Cash Flow Improves Cash used in operations reduced to $(11.7M) from $(12.9M); financing provided $15.3M net cash inflow via borrowings.

Risk Factors

Lemon Volume/Pricing Pressure Fresh carton sales volume decreased due to Sunkist partnership shift; per carton prices are now net of Sunkist marketing fee.
Chilean Asset Sale Realization Future cash proceeds from Chilean asset sale depend on excess free cash flows of sold properties and buyer ranch operations.
Debt Covenants Compliance Subject to debt service coverage ratio covenants; Lender modified measurement deferrals through October 31, 2026, requiring compliance.
Adverse Weather Exposure Operations highly exposed to adverse weather, freezes, droughts affecting production, transportation, storage, import, and export of produce.

Outlook

Sunkist Agreement Implementation Lemon sales marketing transitioned to Sunkist effective November 1, 2025; initial term is three years with automatic extensions.
Avocado Expansion Planned Strategy includes expanding avocado production by 800 acres recently, planning 200 additional acres through fiscal year 2027.
Real Estate Development Progress Actively pursuing development projects; LLCB closed 1,261 residential units through January 31, 2026, receiving $25.0M distributions.
Subsequent Insurance Proceeds Received $939K insurance proceeds for loss claim post-period end; expects additional $1.4M in the second quarter of 2026.

Peer Comparison

Revenue (TTM)

NATR stock ticker logoNATR
$489.79M
+7.3%
BRCC stock ticker logoBRCC
$417.52M
+9.0%
AFRI stock ticker logoAFRI
$325.10M
+15.9%

Gross Margin (Latest Quarter)

NATR stock ticker logoNATR
73.2%
+1.9pp
TWG stock ticker logoTWG
69.5%
-42.4pp
BRCC stock ticker logoBRCC
33.0%
-5.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
WILC$480.46M15.517.0%1.1%
BRCC$432.70M-17.4-24.0%13.2%
NATR$360.67M18.112.3%8.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-20.4%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention

Deep Research

Next earnings:Sep 8, 2026
|
EPS:$0.16
|
Revenue:$45.82M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data