Limoneira (LMNR) Projected to Post Quarterly Earnings on Thursday

Limoneira (NASDAQ:LMNR) is projected to issue its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of ($0.17) per share and revenue of $40.70 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Limoneira Price Performance

NASDAQ LMNR opened at $22.45 on Thursday. Limoneira has a fifty-two week low of $17.77 and a fifty-two week high of $29.22. The firm has a market cap of $405.96 million, a P/E ratio of 59.08 and a beta of 0.52. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.74 and a quick ratio of 0.69. The stock’s 50-day moving average is $23.50 and its two-hundred day moving average is $25.12.

Limoneira Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Monday, December 30th were paid 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 presently 78.95%.

Wall Street Analyst Weigh In

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

Limoneira Company Profile

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.