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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.

Rhea-AI Summary
Limoneira Company announced the closing of 121 residential homesites at their Harvest at Limoneira master planned community in Santa Paula. The closings include 50 homesites purchased by Lennar and 71 homesites purchased by Richmond American Homes. Phase 1 at Harvest is comprised of 707 residential units.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
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none
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Rhea-AI Summary
Limoneira Company (Nasdaq: LMNR) announced its participation in two investor conferences: ROTH MKM 3rd Annual AgTech Answers Event on November 14, 2023 in New York, and Stephens Annual Investment Conference from November 14-16, 2023 in Nashville. Management will be available for one-on-one meetings and will participate in a fireside chat at the Stephens conference, which will be webcasted on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
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conferences
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News
Rhea-AI Summary
Limoneira Company declares quarterly cash dividend of $0.075 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
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dividends
Rhea-AI Summary
Limoneira reports Q3 results, with brokered lemons and other lemon sales growing 76% YoY to $8.8M and achieving $5.4M in farm management revenue. Anticipates higher lemon pricing in Q4. Q3 total net revenue was $52.5M, down from $58.9M YoY. Adjusted EBITDA was $2.8M, down from $14.8M YoY. Expects fresh lemon volumes for FY 2023 to be 4.7M-5.0M cartons, down from previous guidance of 5.0M-5.4M cartons. Achieved avocado volume of 3.8M pounds. Debt levels as of July 31, 2023, resulted in a net debt position of $30.2M. Expects total proceeds of $115M from Harvest at Limoneira, LLCB II, and East Area II spread out over seven fiscal years. Conference call scheduled on September 7, 2023, to discuss financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.17%
Tags
earnings
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Rhea-AI Summary
Limoneira CFO to participate in Lake Street conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.47%
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conferences
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Rhea-AI Summary
Limoneira Company has entered into a fallowing program with YMIDD and BOR, committing to fallow 581 acres of its farmland in Yuma, Arizona through 2025. The company expects to receive approximately $1.32 million annually for this program. The saved water will be retained in Lake Mead, increasing its supply and elevation. Limoneira sees this as the beginning of future opportunities for monetizing its water assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
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none
Rhea-AI Summary
Limoneira Company to release Q3 financial results on September 7, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
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earnings
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News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
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dividends
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
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conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.89%
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earnings
Limoneira Co

Nasdaq:LMNR

LMNR Rankings

LMNR Stock Data

352.18M
15.59M
9.47%
60.15%
2.51%
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.