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Upturn AI Summary - About
Limoneira Co(LMNR)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for LMNR
10/16/2026: LMNR (1-star) is currently NOT-A-BUY. Pass it for now.
Limoneira Co is a California-based agribusiness focused on citrus production and real estate development. Its core strengths include owning significant, long-held land assets and vertical integration, which helps manage supply and quality. The company’s primary investment story centers on its ability to unlock value from these land assets through master-planned real estate projects alongside its agricultural operations. However, investors face risks from weather-related yield volatility, commodity price fluctuations, and the execution complexities of large-scale property development. It may best suit value-oriented investors who recognize the intrinsic value of its land holdings and are comfortable with the cyclical nature of agricultural and property markets.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The growth profile is tied to development cycles and agricultural yields rather than rapid, scalable expansion. |
| Momentum investor | Weak fit | The stock is generally driven by long-term asset value and seasonal earnings rather than short-term price momentum. |
| Value investor | Strong fit | The company's significant land and water assets provide a potential margin of safety relative to market capitalization. |
| Dividend investor | Mixed fit | Dividends are sensitive to the volatility of agricultural cash flows, making income less predictable. |
| Low-risk investor | Weak fit | High exposure to weather, commodity pricing, and development risk creates significant volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Agricultural commodity prices and property market demand are inherently cyclical and prone to shifts. |
| Valuation risk | Medium | Valuation is complex due to the mix of operational cash flows and the intrinsic value of real estate holdings. |
| Competition risk (Agricultural and produce market) | High | Limoneira faces stiff competition from large global produce suppliers and low-cost international importers. |
| Business quality | Medium | The business model relies on a mix of reliable but cyclical agriculture and lumpy real estate development gains. |
| Dividend income | Medium | Dividends are subject to the company's operational performance and capital expenditure requirements. |
| Execution risk | Medium / high | Successfully balancing large-scale real estate development with agricultural production requires significant management focus. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -15.57% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/16/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 216.50M USD | Price to earnings Ratio - | 1Y Target Price 20.83 |
Price to earnings Ratio - | 1Y Target Price 20.83 | ||
Volume (30-day avg) 155.6K shares | Beta 0.33 | 52 Weeks Range 11.55 - 15.34 | Updated Date 10/18/2026 |
52 Weeks Range 11.55 - 15.34 | Updated Date 10/18/2026 | ||
Dividends yield (FY) 1.27% | Basic EPS (TTM) -2.41 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Agribusiness | Sale of lemons, oranges, and avocados. | The core revenue generator, prone to seasonal and weather risks. |
| Real Estate | Development and sale of residential and commercial property. | A potential source of large, lumpy gains that can significantly impact net income. |
| Geography (California/International) | Operations centered in California with distribution worldwide. | Regional exposure to California's climate and regulatory environment is key. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 13.55 | Enterprise Value 332.25M | Price to Sales(TTM) 1.68 |
Enterprise Value 332.25M | Price to Sales(TTM) 1.68 | ||
Enterprise Value to Revenue 2.58 | Enterprise Value to EBITDA 41.9 | Shares Outstanding 18.13M | Shares Floating 16.38M |
Shares Outstanding 18.13M | Shares Floating 16.38M | ||
Percent Insiders 9.69 | Percent Institutions 62.5 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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