LMNR Stock Summary and Trading Ideas (Limoneira Co | NASDAQ:LMNR)

Limoneira Co is predominantly an agribusiness company. Its current operations consist of fruit production and marketing, rental operations, real estate, and capital investment activities. The company has three business divisions; agribusiness, rental operations, and real estate development. The agribusiness division which accounts for a majority of the firm's revenue represents its core operations of farming, harvesting, lemon packing, and lemon sales operations. The company's reportable operating segments are fresh lemons, lemon packing, avocados, and other agribusiness, which predominantly includes oranges, specialty citrus, other crops, and farm management services. A majority of its revenue is derived from the Fresh Lemons segment.

Limoneira Co trades on the NASDAQ stock market under the symbol LMNR.

As of April 4, 2025, LMNR stock price climbed to $17.10 with 102,343 million shares trading.

LMNR has a beta of 0.73, meaning it tends to be less sensitive to market movements. LMNR has a correlation of 0.10 to the broad based SPY ETF.

LMNR has a market cap of $308.57 million. This is considered a Small Cap stock.

Last quarter Limoneira Co reported $34 million in Revenue and -$.14 earnings per share. This fell short of revenue expectation by $-6 million and exceeded earnings estimates by $.03.

In the last 3 years, LMNR traded as high as $29.22 and as low as $10.44.

The top ETF exchange traded funds that LMNR belongs to (by Net Assets): VTI, IWM, VXF, IWN, VTWO.

LMNR has underperformed the market in the last year with a return of -10.0%, while the SPY ETF was flat at -0.1%. In the last 3 month period, LMNR fell short of the market, returning -30.8%, while SPY returned -14.4%. However, in the most recent 2 weeks LMNR has outperformed the stock market by returning -1.1%, while SPY returned -10.4%.

LMNR support price is $16.38 and resistance is $17.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LMNR shares will trade within this expected range on the day.