Limoneira Company (LMNR)

Limoneira Co.'s stock price experienced a decline over the past six months, with a share price of $14.86 on October 7, 2025, a 44.22% decrease from the previous year. Key events impacting the stock include decreased revenues and net losses reported in the third and second quarter fiscal year 2025 financial results, an improved operating loss in the first quarter, a strategic partnership with Sunkist Growers anticipated to generate $5 million in annual cost savings, dividend declarations, and real estate development projects.

Demand for Limoneira's products is subject to seasonality, with the avocado harvest primarily occurring in the second and third fiscal quarters. The lemon market has experienced pricing pressure due to an oversupplied market. Limoneira has invested in global operations to counter seasonality and ensure a consistent supply through its "One World of Citrus™" model.

Limoneira Co. is an agribusiness and real estate development company established in 1893 and based in Santa Paula, California. It operates in the Consumer Defensive sector, focusing on agricultural food products. The company's core business includes fresh citrus products, avocado production, rental operations, and real estate development, with a significant presence in lemon production and various specialty citrus fruits.

Limoneira's operations span across California, Arizona, Chile, and Argentina. It has packing facilities in Santa Paula, California, and Yuma, Arizona, and holds a 35% interest in a citrus operation in La Serena, Chile. The company aims to expand its global presence, particularly in Asia and Europe.

Limoneira Co. has a reputation as a long-standing and dedicated sustainability company, emphasizing its commitment to reducing its environmental footprint through renewable energy projects, water conservation, and sustainable farming practices. The company signed a contract with Desert Control for climate-smart agribusiness and water usage optimization. No specific negative events significantly impacting Limoneira's brand reputation in the past year were identified.

Limoneira Co. has a diverse ownership structure, with institutional shareholders holding 57.86% of the stock and individual owners, including company insiders, accounting for 31.20%. Major institutional owners include Global Alpha Capital Management Ltd., BlackRock, Inc., and Vanguard Group Inc. Notable individual shareholders include Calavo Growers Inc, Peter J. Nolan, and Allan M. Pinkerton.