Welcome to our dedicated page for Limoneira Co news (Ticker: LMNR), a resource for investors and traders seeking the latest updates and insights on Limoneira Co stock.
Limoneira Co (NASDAQ: LMNR) generates a steady flow of news as an international agribusiness focused on citrus and avocado production, lemon packing and real estate development. Company announcements describe Limoneira as a 132-year-old integrated agribusiness headquartered in Santa Paula, California, with agricultural lands, real estate properties and water rights in California, Arizona, Chile and Argentina. News coverage of LMNR often centers on how these assets support its strategy of growing agriculture income and monetizing land and water holdings.
Investors following Limoneira’s news can expect regular earnings releases that detail agribusiness performance, including fresh packed lemon sales, brokered lemon and other lemon revenue, avocado volumes and pricing, orange revenue and specialty citrus, wine grape and other agribusiness results. These reports also discuss operating income or loss, non-GAAP metrics and segment trends, providing insight into how crop yields, pricing and costs affect overall results.
Beyond quarterly and annual results, Limoneira issues news about strategic initiatives such as expanding avocado production, transitioning fresh citrus sales and marketing to Sunkist Growers, Inc., and streamlining operations. Press releases also highlight real estate developments like Harvest at Limoneira, including lot sales, phase completions and increased residential entitlements, as well as plans to explore housing development on the Limco Del Mar Ranch to address regional housing needs.
Additional news items cover land and water transactions, including sales of non-strategic land assets and water pumping rights, and the sale of Chilean ranches while retaining a stake in a Chilean citrus packing and marketing business. Dividend declarations, lending agreements and modifications, and governance or compensation updates disclosed via Form 8-K are also reflected in Limoneira’s news flow. For a comprehensive view of LMNR, readers can use this news page to track how operational performance, asset monetization and financing decisions evolve over time.
Limoneira (NASDAQ:LMNR) reported Q3 FY2025 financial results, with total net revenues of $47.5 million, down from $63.3 million in Q3 FY2024. The company posted a net loss of $0.06 per diluted share, compared to net income of $0.35 per share in the prior year.
Key highlights include plans to merge citrus sales and marketing into Sunkist Growers, expected to generate $5 million in annual cost savings starting in FY2026. The company sold 1.397 million cartons of fresh lemons at $17.02 per carton and 5.654 million pounds of avocados at $1.50 per pound. Additionally, Limoneira announced plans to explore housing development on its 221-acre Limco Del Mar Ranch property.
The company maintains its guidance for fresh lemon volumes of 4.5-5.0 million cartons and avocado volume of 7.0 million pounds for FY2025. Long-term debt stands at $63.3 million with a net debt position of $61.3 million.
Limoneira (Nasdaq: LMNR) announced plans to explore the development of its 221-acre Limco Del Mar Ranch into housing to address Ventura County's critical housing shortage. The agricultural infill property, bordered by developed areas of the City of Ventura, will undergo a comprehensive development process including community-based planning, environmental review, and various regulatory approvals.
Led by CEO Harold Edwards, the company aims to collaborate with the City of Ventura, county officials, and community partners to design and build new homes. The project will require CEQA review, City Council approval, SOAR vote for property addition, and LAFCO review for annexation to Ventura City.
Limoneira (Nasdaq: LMNR), a diversified citrus growing and agribusiness company, has scheduled its Third Quarter 2025 financial results announcement for September 9, 2025, after market close.
The company will host a conference call at 1:30 PM Pacific Time (4:30 PM Eastern Time) to discuss the results. U.S. investors can join via (877) 407-0789, while international callers can use (201) 689-8562. A webcast will be available on Limoneira's investor relations website and archived for 30 days. A replay will be accessible through September 23, 2025.
Limoneira (Nasdaq: LMNR), a diversified citrus company with agribusiness and real estate operations, has announced a quarterly cash dividend. The company's Board of Directors has declared a dividend of $0.075 per common share. The dividend will be paid on July 18, 2025, to shareholders of record as of July 7, 2025.
Limoneira (Nasdaq: LMNR), a diversified citrus growing and agribusiness company, has scheduled its second quarter fiscal 2025 financial results announcement for June 9, 2025, after market close. The company will host a conference call at 1:30 PM Pacific Time (4:30 PM Eastern Time) to discuss the results. U.S. investors can participate by dialing (877) 407-0789, while international callers should use (201) 689-8562. A replay will be available until June 23, 2025, and can be accessed at (844) 512-2921 (U.S.) or (412) 317-6671 (international) with passcode 13753683. A live webcast will also be available on Limoneira's website, with a 30-day archive period.
Limoneira (LMNR) has received a $10 million cash distribution from its real estate development joint venture, Harvest at Limoneira, representing its 50% share of a $20 million total distribution. The joint venture, partnered with The Lewis Group of Companies, reported unaudited cash and cash equivalents of $62.4 million as of January 31, 2025.
The company anticipates receiving total proceeds of $180 million from Harvest at Limoneira, LLCB II and East Area II over seven fiscal years, with approximately $15 million expected in fiscal year 2024. Management indicates the funds may be used for dividends, share repurchases, debt reduction, and future growth opportunities.
Harvest at Limoneira is a residential community development project offering new housing options near the Pacific Ocean, featuring scenic views, parks, hiking trails, and proximity to retail destinations.
Limoneira (LMNR) announced a 50/50 joint venture with Agromin , California's largest organics waste recycler, to expand their organic waste recycling program. The venture will transform their existing 15-acre green waste composting facility at Limoneira Ranch in Santa Paula into a 70-acre commercial-scale facility processing both green and food waste.
The expanded facility is projected to generate significant returns with first-year EBITDA of $5.0 million, shared equally between partners, growing to $9.0 million annually over ten years. Limoneira will lease the site to the joint venture for approximately $0.6 million annually.
The project, scheduled to begin construction in fiscal year 2025 with completion phases in 2026, received a $10.0 million grant from California's CalRecycle Organics Grant Program. Once operational, the facility will process approximately 295,000 tons of organic waste yearly, supporting sustainable farming through improved soil health and water conservation.