Limoneira Company — Cyborg Score 4/10

Mixed
Agribusiness & Fresh Produce

Strategic Profile

Beyond agriculture, Limoneira operates residential and commercial rental properties, leases land to third-party agricultural tenants, and is involved in organic recycling operations, farm management services, and real estate development. The company has continued to deliver regular quarterly dividends since entering the public markets in 2010.

Cyborg Score Rationale

The company reported negative EPS of -0.93 (TTM), and full-year revenue declined significantly from $191.5 million in fiscal 2024 to $159.7 million, indicating operational challenges despite diversified business segments and a long operational history.

Top Insights

  • Revenue declined 16.6% year-over-year to $159.7M in FY2025, signaling commodity market and operational headwinds
  • Diversified portfolio beyond fresh lemons including avocados, oranges, specialty citrus, wine grapes, and real estate rental operations
  • Controls approximately 15,400 acres across California, Arizona, Chile, and Argentina with integrated water rights
  • Currently unprofitable on TTM basis but maintains 2.10% dividend yield, indicating management commitment to shareholder returns

Named Competitors

  • Fresh Produce — Large-scale fresh produce distributor and marketer
  • Avocados — Vertically integrated avocado grower and distributor
  • Diversified Agribusiness — Large-scale diversified agricultural company

Recent Developments

  • (Dec 2025) Q4 net revenue of $42.8M, down from $43.9M prior year; full-year revenue of $159.7M vs. $191.5M in FY2024
  • (Mar 2026) Earnings announcement scheduled for March 12, 2026
  • (2025) Stock price range of $12.20-$23.50 with current market cap of $258.6M and analyst 1-year price target of $22.67

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