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
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
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)
$489.79M
$417.52M
$325.10M
Gross Margin (Latest Quarter)
73.2%
69.5%
33.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| WILC | $480.46M | 15.5 | 17.0% | 1.1% |
| BRCC | $432.70M | -17.4 | -24.0% | 13.2% |
| NATR | $360.67M | 18.1 | 12.3% | 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