Media coverage about Limoneira (NASDAQ:LMNR) has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Limoneira earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.0559507230599 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s rankings:
A number of equities analysts have commented on LMNR shares. Zacks Investment Research downgraded shares of Limoneira from a “hold” rating to a “sell” rating in a report on Saturday, December 23rd. BidaskClub upgraded shares of Limoneira from a “sell” rating to a “hold” rating in a report on Friday, December 15th. ValuEngine downgraded shares of Limoneira from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Finally, TheStreet downgraded shares of Limoneira from a “b” rating to a “c” rating in a report on Friday, January 12th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $27.00.
Shares of Limoneira stock opened at $23.41 on Friday. The stock has a market capitalization of $340.22, a price-to-earnings ratio of 55.74 and a beta of 0.80. The company has a quick ratio of 1.04, a current ratio of 1.14 and a debt-to-equity ratio of 0.76. Limoneira has a one year low of $18.21 and a one year high of $26.06.
Limoneira (NASDAQ:LMNR) last announced its earnings results on Thursday, March 8th. The company reported ($0.09) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.12) by $0.03. Limoneira had a net margin of 13.85% and a return on equity of 5.27%. The business had revenue of $31.59 million during the quarter, compared to the consensus estimate of $26.50 million. sell-side analysts anticipate that Limoneira will post 0.69 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Friday, April 6th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Thursday, April 5th. This represents a $0.25 annualized dividend and a dividend yield of 1.07%. Limoneira’s dividend payout ratio (DPR) is currently 59.52%.
In other news, Director Robert M. Sawyer sold 1,250 shares of the company’s stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $21.49, for a total transaction of $26,862.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 4.50% of the company’s stock.
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Limoneira Company Profile
Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through six segments: Fresh Lemons, Lemon Packing, Avocados, Other Agribusiness, Rental Operations, and Real Estate Development. The Fresh Lemons segment markets and sells lemons directly to food service, wholesale, and retail customers.
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