Limoneira Company
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $215.2M
- Price
- $11.87
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.08%
- Volume
- 46.0K
About
Limoneira Company operates as an agribusiness company in the United States and internationally. The company operates through four segments: Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness. It produces, processes, harvests, and packs oranges, specialty citrus, and wine grapes. The company also rents residential housing units and commercial office buildings, as well as leases land to third-party agricultural tenants. In addition, it is involved in the organic recycling operations; provision of farm management services; and development of land parcels, multi-family housing, and single-family homes. The company markets and sells its lemons directly to food service, wholesale, and retail customers; avocados, oranges, specialty citrus, and other crops to third-party packing houses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.
Quick stats
Shares outstanding18.1M
Computed float16.5M
Float / shares90.8%
Key info
SectorConsumer Defensive
IndustryAgricultural Farm Products
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001342423
Websitehttps://www.limoneira.com
AI Summary
AI-generated1/16
standardmixedearnings
Limoneira Company Announces Third Quarter Fiscal Year 2026 Financial Results
Limoneira reported fiscal Q3 2026 total net revenues of $43.8 million, down from $47.5 million a year earlier, and management said results came in below expectations on lighter-than-anticipated lemon sales volume. GAAP net loss per diluted share widened to $0.17 from $0.06.
Adjusted EBITDA rose to $3.9 million from $3.0 million on higher agribusiness operating income and progress toward a targeted $10 million of annual SG&A savings; adjusted diluted EPS was $0.02.
Guidance was mixed: fresh lemon volumes are now expected at the lower end of the 4.0-4.5 million carton range, while avocado volume guidance was raised to 7.0-7.25 million pounds, with more than 10 million pounds expected in fiscal 2027, up roughly 30%.
On monetization, the $15 million all-cash sale of Windfall Farms is set to close September 14, 2026, and the company has identified over $200 million of land and water assets for potential monetization, including a Colorado River water-rights event expected in fiscal 2026.
Red flags
- Q3 revenue fell ~7.7% YoY and management explicitly said results came in below expectations
- GAAP net loss per diluted share widened to $0.17 from $0.06; nine-month loss of $1.91/share vs $0.43 a year ago
- Long-term debt rose to $100.7 million from $72.5 million at fiscal year-end 2025 while cash is only $2.2 million
- Cumulative $13.5 million impairments on Windfall Farms ahead of the $15.0 million sale indicate disposal below carrying value
- Nine-month adjusted EBITDA is negative (-$5.6 million) with $15.9 million of operating cash burn
- Equity story leans heavily on future land/water monetization events that remain subject to timing and execution risk