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Limoneira Co - LMNR STOCK NEWS

Welcome to our dedicated news page for Limoneira Co (Ticker: LMNR), a resource for investors and traders seeking the latest updates and insights on Limoneira Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Limoneira Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Limoneira Co's position in the market.

News
Limoneira Declares Quarterly Dividend
Rhea-AI Summary
Limoneira Company (LMNR) announces a quarterly cash dividend of $0.075 per common share payable to stockholders of record on April 1, 2024, showcasing their commitment to shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
dividends
-
News
Limoneira Company Announces First Quarter Fiscal Year 2024 Financial Results
Rhea-AI Summary
Limoneira Company (LMNR) reports a 5% growth in net revenues to $39.7 million in the first quarter of fiscal year 2024 compared to the prior year. The strategic shift towards an 'asset-lighter' business model resulted in an 84% improvement in agribusiness operating loss and a 5% decrease in agribusiness costs and expenses. Brokered lemons and other lemon sales increased to $2.9 million, and the company achieved $2.0 million in farm management revenue. The company reiterates lemon and avocado volume guidance for fiscal year 2024 and continues exploring strategic alternatives to maximize stockholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.26%
Tags
earnings
-
News
Limoneira to Participate at the 36th Annual ROTH Conference
Rhea-AI Summary
Limoneira Company (LMNR) executives to participate in the 36th Annual ROTH Conference in March 2024 for one-on-one and small group meetings, showcasing their citrus growing, packing, and real estate development operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
Tags
conferences
News
Limoneira to Announce First Quarter 2024 Financial Results on March 7, 2024
Rhea-AI Summary
Limoneira Company (LMNR) to Host Conference Call to Discuss First Quarter Financial Results on March 7, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
earnings
-
News
Limoneira to Present at the 26th Annual ICR Conference
Rhea-AI Summary
Limoneira Company (Nasdaq: LMNR) will be presenting at the 26th Annual ICR Conference on January 9, 2024, at 8:30 am ET. The presentation will be webcast live and archived at www.limoneira.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
conferences
-
News
Limoneira Company Announces Fiscal Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Limoneira Company (Nasdaq: LMNR) reported a 24% growth in brokered lemons and other lemon sales to $30.3 million, as well as $9.9 million in farm management revenue in fiscal year 2023. The company also achieved avocado and lemon volume guidance, increasing expected proceeds from Harvest at Limoneira by 14% to $131 million. However, the company experienced a net loss in the fourth quarter of fiscal year 2023, with total net revenue increasing by 4% to $41.4 million. The company's strategic shift towards an 'asset-lighter' business model has positioned it to improve margins in fiscal year 2024, despite challenges from harsh weather conditions and softer pricing throughout the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.88%
Tags
earnings
News
Limoneira Declares Quarterly Dividend
Rhea-AI Summary
Limoneira Company (Nasdaq: LMNR) declares a quarterly cash dividend of $0.075 per common share, payable on January 12, 2024, to stockholders of record on January 2, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
dividends
-
News
Limoneira Announces Change to Board of Directors
Rhea-AI Summary
Limoneira Company (LMNR) announces the retirement of Elizabeth Blanchard Chess from the Board of Directors and the appointment of Peter J. Nolan to fill the vacancy. The Board will now be comprised of seven directors, six of whom are independent. Peter Nolan, Chairman of Nolan Capital, Inc., will also serve as a member of the Board’s Audit and Finance Committee and Risk Management Committee. The company is exploring potential strategic alternatives to maximize value for stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.35%
Tags
management
-
News
Limoneira to Announce Fourth Quarter and Full Fiscal Year 2023 Financial Results on December 21, 2023
Rhea-AI Summary
Limoneira Company (LMNR) to Host Conference Call to Discuss Financial Results for Q4 and Full Fiscal Year 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
earnings
News
Limoneira Announces Process to Explore Strategic Alternatives to Maximize Value
Rhea-AI Summary
Limoneira Company (LMNR) has initiated a process to explore potential strategic alternatives, including a sale of all or parts of the company, merger, and other potential strategic transactions. The Board has retained Stephens Inc. as its financial advisor and Squire Patton Boggs (US) LLP as its legal advisor to assist with the exploration of alternatives. The company aims to maximize value for stockholders and believes there is a disconnect between its public market value and the intrinsic value of its underlying assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.39%
Tags
none
Stock LMNR logo
Limoneira Co

Nasdaq:LMNR

LMNR Rankings

#3268 Ranked by Market Cap
#984 Ranked by Stock Gains
#1598 Ranked by Dividends

LMNR Stock Data

347.49M
15.57M
9.56%
60.13%
2.28%
Fruit and Tree Nut Combination Farming
Agriculture, Forestry, Fishing and Hunting
Link
US
Santa Paula

About LMNR

limoneira company was founded in 1893. limoneira mgmt. helped found sunkist and diamond walnut and the company is the largest provider of lemons and avocados in the united states. limoneira is also a community builder. the new santa paula east area i - 500 acre development will offer residential types of varying price points, senior living, new schools and new retail and light industrial businesses. limoneira lifestyles branded products are sold throughout the u.s.