<div id="readability-page-1"><p>Limoneira (NASDAQ:LMNR - Get Free Report) released its earnings results on Tuesday. The company reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.37), Zacks reports. Limoneira had a negative return on equity of 5.01% and a negative net margin of 5.69%.</p><h2>Limoneira Trading Down 3.8%</h2><p>Shares of LMNR stock traded down $0.54 during trading on Tuesday, hitting $13.86. 186,950 shares of the stock traded hands, compared to its average volume of 70,153. The firm's fifty day moving average price is $14.14 and its 200-day moving average price is $14.97. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.80 and a quick ratio of 1.66. The firm has a market capitalization of $250.17 million, a P/E ratio of -25.20 and a beta of 0.41. Limoneira has a 52-week low of $12.69 and a 52-week high of $25.57. </p><h2>Limoneira Announces Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Tuesday, December 30th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, December 30th. Limoneira's dividend payout ratio (DPR) is currently -54.55%. </p><h2>Analysts Set New Price Targets</h2><p>Several equities research analysts have weighed in on LMNR shares. Weiss Ratings  reaffirmed a &#34;sell (d)&#34; rating on shares of Limoneira in a research report on Monday. Stephens assumed coverage on Limoneira in a research report on Friday, September 12th. They set an &#34;equal weight&#34; rating and a $18.00 target price on the stock. Roth Capital  reiterated a &#34;buy&#34; rating on shares of Limoneira in a report on Monday, September 15th. Finally, Zacks Research upgraded Limoneira from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, November 11th. Two analysts have rated the stock with a Buy rating, two have issued  a Hold rating and one  has issued  a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of &#34;Hold&#34; and a consensus price target of $20.50.</p><p><b>Get Our Latest Research Report on Limoneira</b></p><h2>Institutional Trading of Limoneira</h2><p>Hedge funds have recently made changes to their positions in the business. Jacobs Levy Equity Management Inc. purchased a new stake in  Limoneira during the first quarter worth approximately $256,000.  Jane Street Group LLC acquired a new stake in  Limoneira during the first quarter worth approximately $335,000.  Geode Capital Management LLC lifted its position in shares of  Limoneira by 5.6% during the 2nd quarter. Geode Capital Management LLC now owns 397,720 shares of the company's stock worth $6,226,000 after buying an additional 20,913 shares during the last quarter.  JPMorgan Chase &amp; Co. boosted its holdings in shares of  Limoneira by 248.7% in the 2nd quarter. JPMorgan Chase &amp; Co. now owns 44,238 shares of the company's stock valued at $692,000 after buying an additional 31,552 shares in the last quarter.  Finally, Rhumbline Advisers boosted its holdings in shares of  Limoneira by 29.5% in the 2nd quarter. Rhumbline Advisers now owns 24,943 shares of the company's stock valued at $390,000 after buying an additional 5,682 shares in the last quarter. Institutional investors and hedge funds own  64.35% of the company's stock. </p><h2>About Limoneira</h2> (Get Free Report)<p>Limoneira Company <span>NASDAQ: LMNR<span></span></span>, founded in 1893 and based in Santa Paula, California, is a diversified agribusiness and real estate enterprise. As one of the oldest citrus producers in the United States, Limoneira has built a reputation for cultivating and marketing high-quality citrus fruits, avocados and specialty crops. The company's vertically integrated model encompasses farming, packing, processing and marketing activities designed to deliver fresh produce to domestic and international markets.  </p><p>In its agricultural operations, Limoneira specializes in lemons, oranges and avocados, employing modern irrigation, harvesting and packing technologies to maintain consistent product quality and supply.</p><h2>Read More</h2><ul><li>Five stocks we like better than Limoneira</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TE1OUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TE1OUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Limoneira Right Now?</h2><p>Before you consider Limoneira, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Limoneira wasn't on the list.</p><p>While Limoneira currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

LMNR

<p>Limoneira (NASDAQ:LMNR) reported a quarterly earnings per share of ($0.49), missing the consensus estimate of ($0.12). The company had a negative net margin of 5.69% and a negative return on equity of 5.01%. Shares fell 3.8% to $13.86. Limoneira announced a $0.075 quarterly dividend, with a yield of 2.2%. Analysts have mixed ratings on the stock, with a consensus price target of $20.50. Institutional investors hold 64.35% of the stock.</p>

Limoneira (NASDAQ:LMNR) Issues Quarterly Earnings Results