Headquartered in Santa Paula, CA·Fiscal year ends October·NASDAQ: LMNR·limoneira.com
About Limoneira
Limoneira Company is a diversified agribusiness company operating across lemon growing, lemon packing, avocado production, and related agribusiness activities, along with real estate development operations. The company manages approximately 7,000 acres of agricultural land and water rights in California, Arizona, and Argentina. Limoneira's core operations focus on fresh lemon carton sales marketed through a partnership with Sunkist Growers, avocado production with significant acreage expansion underway, and lemon packing services for both its own fruit and third-party growers. The company is actively executing a strategic transformation to streamline agricultural operations, monetize non-strategic land assets and water rights valued at over $200 million, and expand avocado production through 800 acres of non-bearing avocado trees expected to reach full bearing over two to four years. Limoneira also has significant real estate development interests through its 50/50 Harvest at Limoneira joint venture with The Lewis Group of Companies, which is developing residential communities on former agricultural land. The company recently formed a composting joint venture with Agromin and is pursuing Colorado River water rights monetization opportunities. Updated
A farmer collecting Social Security early can sell half a million dollars of land and owe nothing to the earnings test, while a modest crop profit shrinks his check the same year.…
Limoneira Company is a diversified agribusiness company operating across lemon growing, lemon packing, avocado production, and related agribusiness activities, along with real estate development operations.
What is the LMNR stock price target?
The Wall Street consensus 12-month price target for LMNR is $20.83.