Limoneira Co. (LMNR)
NASDAQConsumer StaplesAgricultural Farm ProductsSnapshot 2026-09-09
$14.94-0.60%
Close 2026-09-09 · 1-day change
NASDAQConsumer StaplesAgricultural Farm ProductsSnapshot 2026-09-09
Intact: The reason to own it still holds.
Limoneira raised avocado volume guidance to 5.5-6.5 million pounds. It keeps paying a dividend of $0.075 per share. The company formed a new joint venture to grow its business. Analysts expect revenue to grow about 8% next year.
The company lost money last quarter with EPS at -$0.29. Revenue fell 32.5% year over year. It missed earnings estimates twice recently. A key sale agreement was terminated. Management changes add uncertainty.
The market expects about 8% revenue growth next year. Our fair value is near $6.57, close to the current price. We see risk in earnings and cash flow given recent losses.
Breaks if: avocado volume guidance falls below 5.0 million pounds
The company has increased its avocado volume guidance for fiscal year 2026.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a speculative growth thesis, as LMNR is currently navigating a volatile management landscape and loss-making status. The company is trying to expand its avocado production and monetize non-strategic assets, but execution has been mixed.
The market appears to be pricing in a fragile situation, with an expensive valuation compared to peers despite the company's weak performance. There is an expectations gap, indicating that investors may not fully appreciate the risks involved.
Fundamentals are likely to remain under pressure, given the high probability of an earnings miss in the next quarter. Recent financial performance has been weak, and the company has a history of consecutive earnings misses.
The long-term thesis hinges on whether LMNR can successfully execute its management priorities, such as increasing avocado production and completing asset sales. Additionally, external factors like inflation trends and performance of sector peers will play a crucial role in shaping the company's future.
The most important moves since the prior daily snapshot.
Yes, our read has weakened. The company missed its Q3 earnings and revenue estimates. This miss may hinder its avocado volume guidance. The sector trends are also working against it.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: dividend per share falls below $0.07
Breaks if: EPS remains negative or below 0.20
Breaks if: revenue growth falls below 5% YoY
The company has increased its avocado volume guidance for fiscal year 2026.
In the next 1 to 3 years, LMNR's outlook is clouded by operational challenges and market headwinds. Not investment advice.