Limoneira (LMNR) Expected to Announce Quarterly Earnings on Thursday

Limoneira (NASDAQ:LMNRGet Free Report) will likely be releasing its earnings data before the market opens on Thursday, March 6th. Analysts expect Limoneira to post earnings of ($0.17) per share and revenue of $40.70 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Limoneira Stock Down 2.2 %

Shares of LMNR stock opened at $22.45 on Thursday. The business’s fifty day moving average is $23.50 and its 200-day moving average is $25.12. Limoneira has a 1 year low of $17.77 and a 1 year high of $29.22. The stock has a market cap of $405.96 million, a PE ratio of 59.08 and a beta of 0.52. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.69 and a current ratio of 0.74.

Limoneira Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Monday, December 30th were issued a $0.075 dividend. The ex-dividend date was Monday, December 30th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.34%. Limoneira’s payout ratio is currently 78.95%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Limoneira from a “hold” rating to a “sell” rating in a research report on Tuesday, February 4th.

Read Our Latest Research Report on LMNR

About Limoneira

(Get Free Report)

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.

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Earnings History for Limoneira (NASDAQ:LMNR)

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