Price: $19.2500
$0.07
0.365%
|
Day's High:
| $19.41
| Week Perf:
| 3.77 %
|
Day's Low: |
$ 19.00 |
30 Day Perf: |
4.34 % |
Volume (M): |
39 |
52 Wk High: |
$ 21.62 |
Volume (M$): |
$ 745 |
52 Wk Avg: |
$16.50 |
Open: |
$19.12 |
52 Wk Low: |
$13.88 |
|
|
Market Capitalization (Millions $) |
339 |
Shares
Outstanding (Millions) |
18 |
Employees |
276 |
Revenues (TTM) (Millions $) |
182 |
Net Income (TTM) (Millions $) |
-10 |
Cash Flow (TTM) (Millions $) |
-12 |
Capital Exp. (TTM) (Millions $) |
10 |
Limoneira Company
We are an agribusiness and real estate development company founded and based
in Santa Paula, California, committed to responsibly using and managing our
approximately 11,000 acres of land, water resources and other assets to maximize
long-term stockholder value. Our current operations consist of fruit production,
sales and marketing, rental operations, real estate development and capital
investment activities.
We are one of California’s oldest citrus growers. According to Sunkist
Growers, Inc. (“Sunkist”), we are one of the largest growers of
lemons in the United States and, according to the California Avocado Commission,
one of the largest growers of avocados in the United States. In addition to
growing lemons and avocados, we grow oranges and a variety of specialty citrus
and other crops. We have agricultural plantings throughout Ventura, Tulare,
San Bernardino and San Luis Obispo Counties in California and in Yuma County
in Arizona, which collectively consist of approximately 4,600 acres of lemons,
1,000 acres of avocados, 1,400 acres of oranges and 900 acres of specialty citrus
and other crops. We also operate our own packinghouses in Santa Paula, California
and Yuma, Arizona, where we process, pack and sell lemons that we grow, as well
as lemons grown by others.
Our water resources include water rights, usage rights and pumping rights to
the water in aquifers under, and canals that run through, the land we own. Water
for our farming operations is sourced from the existing water resources associated
with our land, which includes rights to water in the adjudicated Santa Paula
Basin (aquifer) and the un-adjudicated Fillmore and Paso Robles Basins (aquifers).
We use ground water from the San Joaquin Valley Basin and water from local water
and irrigation districts in Tulare County, which is in California’s San
Joaquin Valley. We also use ground water from the Cadiz Valley Basin in California’s
San Bernardino County and surface water in Arizona from the Colorado River through
the Yuma Mesa Irrigation and Drainage District (“YMIDD”).
For more than 100 years, we have been making strategic investments in California
agriculture and real estate development. We currently have three active real
estate development projects in California. These projects include multi-family
housing and single-family homes comprising approximately 260 completed rental
units and another approximately 1,800 units in various stages of planning and
development.
We have three business divisions: agribusiness, rental operations, and real
estate development. The agribusiness division is comprised of two reportable
segments, lemon operations and other agribusiness, and includes our farming,
harvesting, lemon packing and lemon sales operations. The rental operations
division includes our residential and commercial rentals, leased land operations
and organic recycling.
We are one of California’s oldest citrus growers and one of the largest
growers of lemons and avocados in the United States. In addition to growing
lemons and avocados, we grow oranges and a variety of specialty citrus and other
crops. We have agricultural plantings throughout Ventura, San Bernardino and
San Luis Obispo Counties in California and Yuma County in Arizona, which collectively
consist of approximately 4,600 acres of lemons, 1,000 acres of avocados, 1,400
acres of oranges and 900 acres of specialty citrus and other crops. We also
operate our own packinghouses in Santa Paula, California and Yuma, Arizona,
where we process, pack and sell lemons we grow as well as lemons grown by others.
Company Address: 1141 Cummings Road Santa Paula 93060 CA
Company Phone Number: 525-5541 Stock Exchange / Ticker: NASDAQ LMNR
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Customers Net Income fell by |
LMNR's Customers Net Profit Margin fell to |
-55.91 % |
4.32 %
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Stock Performances by Major Competitors |
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Limoneira Company
Limoneira Company (NASDAQ: LMNR), a leading citrus and avocado grower with diversified operations, has recently released its financial results for the fiscal first quarter of 2024. Unfortunately, the numbers paint a concerning picture for investors. Despite a modest increase in revenue, the company experienced a substantial net loss per share compared to the previous year. Furthermore, while the company's stockpiles and accounts receivable show some improvements, they still fall short of the previous year's levels. These factors, coupled with a decline in share price, suggest a deteriorating financial performance and raise concerns about the company's future prospects. Dismal Financial Performance For the fiscal first quarter of 2024, Limoneira Company reported a net loss per share of $-0.21, a sharp contrast to the $0.84 per share profit recorded the previous year. This represents a significant decrease in earnings and suggests operational inefficiencies or potential challenges faced by the company during this period. It is concerning to see such a substantial decline in profitability, which could indicate underlying issues within the company's operations, such as increased costs or decreased demand.
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Limoneira Company
Limoneira Company, a leading agricultural production company, has experienced significant growth in its stock price over the past five trading days, with a rise of 25.86%. In the last 12 months, the stock has reached its highest point, experiencing an increase of 51.95%. Looking at the recent fiscal period, Limoneira Company had a per share shortfall of $-0.20, compared to $-0.16 the previous year. However, the company's revenue increased by 4.476% to $41.43 million, indicating positive growth. This is particularly noteworthy considering that many companies in the agricultural production industry have faced challenges with declining revenue and receding orders. In the prior reporting period, Limoneira Company achieved a revenue of $52.50 million and a bottom line of $-0.07 per share. However, for the August to October 31, 2023 financial interval, the company experienced a net shortfall of $-3.537 million, which is higher than the $-2.765 million shortfall from the previous year. The level of inventories at Limoneira Company has declined to $2.3 million from the previous quarter, indicating a potential decline in future demand. Additionally, the level of accounts receivable has decreased to $18.7 million, which some analysts attribute to slowing demand.
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Limoneira Company
Interpreting the latest financial results of Limoneira Company, it is evident that there have been some significant changes in key indicators. As an agricultural production company, the financial health of Limoneira plays a crucial role not only for its stakeholders but also for the overall market perception. Starting with the earnings per share (EPS), we see a significant improvement from the previous quarter. With an increase from $-0.10 per share to -$0.07 per share, it is a positive sign that Limoneira's profitability is moving in the right direction. However, it is important to note that there has been a decline from $0.40 per share compared to the same period last year. This decrease can be seen as an area of concern and should be closely monitored.
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Limoneira Company
19. ---- Limoneira Company Reports Mixed Results for 2023 Financial Year Limoneira Company, a leading agribusiness and real estate development company, has reported its financial results for the period ending April 30, 2023. The report indicates that the company made a loss of $0.10 per share, compared to $0.08 profit per share in the previous year. Additionally, the company's EPS fell from $0.84 per share to -$0.10 per share from the previous financial reporting period. These results raise questions about the company's future financial performance. On the revenue front, Limoneira Company recorded a moderate growth of 2.824% to $48.07 million from $46.75 million in the similar financial reporting period a year prior. Furthermore, the company's revenue improved significantly by 26.83% from $37.90 million sequentially. Although this is a positive sign for the company, the net loss of $-1.630 million instead of the net earnings of $1.572 million seen in the same financial reporting period a year before raises concerns about the company's future.
|
Per Share |
Current |
Earnings (TTM) |
-0.58 $ |
Revenues (TTM) |
10.31 $
|
Cash Flow (TTM) |
- |
Cash |
0.03 $
|
Book Value |
10.45 $
|
Dividend (TTM) |
0.29 $ |
|
Per Share |
|
Earnings (TTM) |
-0.58 $
|
Revenues (TTM) |
10.31 $ |
Cash Flow (TTM) |
- |
Cash |
0.03 $
|
Book Value |
10.45 $ |
Dividend (TTM) |
0.29 $ |
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