Limoneira (NASDAQ:LMNR) issued its quarterly earnings results on Monday. The company reported ($0.24) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.24), Fidelity Earnings reports. The company had revenue of $36.48 million during the quarter, compared to the consensus estimate of $24.78 million. Limoneira had a negative return on equity of 3.97% and a negative net margin of 4.08%.
LMNR stock opened at $20.49 on Tuesday. The company has a quick ratio of 1.11, a current ratio of 1.29 and a debt-to-equity ratio of 0.48. The business’s fifty day simple moving average is $19.56 and its two-hundred day simple moving average is $19.10. Limoneira has a twelve month low of $17.05 and a twelve month high of $25.65. The firm has a market cap of $325.42 million, a price-to-earnings ratio of 40.98, a PEG ratio of 2.46 and a beta of 1.05.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Monday, December 30th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Friday, December 27th. This represents a $0.30 dividend on an annualized basis and a yield of 1.46%. Limoneira’s payout ratio is 60.00%.
In other Limoneira news, CEO Harold S. Edwards sold 2,000 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $20.24, for a total value of $40,480.00. In the last quarter, insiders sold 3,600 shares of company stock worth $72,660. Insiders own 4.50% of the company’s stock.
Limoneira Company Profile
Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates in six segments: Fresh Lemons, Lemon Packing, Avocados, Other Agribusiness, Rental Operations, and Real Estate Development. It grows, processes, packs, markets, and sells lemons.
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