How to Buy Limoneira Co Stock
Limoneira Co
Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through three divisions: Agribusiness, Rental Operations, and Real Estate Development.
Limoneira Co stock last closed at $16.38, up 0.18% from the previous day, and has increased 40.96% in one year. It has overperformed other stocks in the Farm Products industry by 0.69 percentage points. Limoneira Co stock is currently +52.23% from its 52-week low of $10.76, and -8.49% from its 52-week high of $17.90.
There are currently 17.83M LMNR shares outstanding. The market cap of LMNR is $292.07M. In the past 24 hours, 31,905 LMNR shares were traded.
How to Buy Limoneira Co Stock
Not sure how to invest in Limoneira Co stock? Here's how.
- Figure out where to buy Limoneira Co stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Limoneira Co stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your method of payment and add your information.
- Evaluate Limoneira Co stock: The Limoneira Co ticker symbol is LMNR. Is Limoneira Co stock a good investment? Should you buy shares of LMNR? How do LMNR's underlying business fundamentals look? Do top analysts think Limoneira Co is a good buy? Why has LMNR's stock price moved recently? (Hint: Our stock market research tools can help you understand if LMNR is a good stock to buy).
- Make your LMNR trade: Decide if you will purchase LMNR shares at the current market price or use a limit order to buy LMNR stock at a specific price.
- Watch your investment in LMNR: Create a watchlist to track your position in Limoneira Co shares.
Step 1: Figure out where to buy Limoneira Co stock
You will need a brokerage account to access the NASDAQ market and buy LMNR stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to invest in LMNR stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Input your personal data to open a new trading account.
- Send your application by hitting the "Create Account" button.
Step 3: Fund your investment account
Now that you've created your account on the stock trading app, your next step is to transfer the money for your investment:
Watch the tutorial below for more details transferring money into your new investment account.
Step 4: Evaluate Limoneira Co stock
After you have chosen the best place to buy Limoneira Co stock, it's crucial to research their stock before you invest, so you can understand the risk as well as the upside.
Overview of key LMNR info
Limoneira Co Overview
WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on LMNR's stock page.
Is LMNR stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LMNR's true value.
Using relative valuations measures:
- LMNR may be overvalued based on its P/E ratio of 13.54x, relative to Farm Products industry P/E ratio of 9.4x
- LMNR may be overvalued based on its P/B ratio of 1.55x, relative to Farm Products industry P/B ratio of 1.3x
- LMNR could be overvalued based on its PEG ratio of 21.91x
You can access more valuation analysis on LMNR's stock here.
How do LMNR Financials look?
Positive Health Checks:
- LMNR has $12.46M in cash and short term investments. This is enough to cover its annual cash burn of $8.34M.
- LMNR has cash burn of 8335000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the LMNR balance sheet.
- Total LMNR debt is lower than 5 years ago, relative to shareholder equity.
- LMNR profit margin has gone up from -3.7% to 11.7% in the past year.
Negative Health Checks:
- LMNR has a relatively high debt to equity ratio of 0.59.
- There are more long-term liabilities than short-term assets on the LMNR balance sheet.
Is Limoneira Co stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who monitor LMNR, the consensus analyst rating on Limoneira Co is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest LMNR Analyst Ratings
An analyst from B. Riley Securities initiates coverage on LMNR with a strong buy rating and announces their LMNR price target of $24.00, on Apr 6, 2023.
Gerry Sweeney, a bottom 10% analyst from Roth Capital maintains LMNR with a strong buy rating and lowers their LMNR price target from $20.00 to $17.00, on Dec 29, 2022.
You can dig deeper into what analysts are projecting on the Limoneira Co stock forecast page.
LMNR Trading Indicators
LMNR Revenue
Last year, LMNR earnings were $21.41M. During the last 5 year, LMNR's earnings have increased by 0.85% per year. This was slower than the Farm Products industry average of 28.41%.
Last year, LMNR revenue was $183.23M. Over the past five year, LMNR's revenue has gone up by 7.98% per year. This was slower than the Farm Products industry average of 13.11%.
Dive into LMNR's earnings and revenue performance here.
Who is buying/selling LMNR?
In the past 12 months, executives and large shareholders at LMNR have sold more shares than they have bought.
Harold S. Edwards, President and CEO of LMNR, was the latest LMNR insider to sell. They sold $16,978.00 worth of LMNR shares on May 1, 2023.
Dig into more about who owns LMNR stock here.
Can I rely on LMNR as an income stream?
Limoneira Co pays a dividend of 1.83%, compared to the Farm Products industry's average dividend yield of 4.41%. If you owned $1,000 worth of LMNR stock, you would have been paid $18.32 in the past 12 months.
Limoneira Co dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Limoneira Co dividend yield and history here.
Get analysis from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your LMNR trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and eToro will place the order.
If you require more info about buying stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in LMNR
Now that you own some LMNR shares, you'll want to keep up with your shares.
Make a watchlist to get notified of the latest news about your LMNR stock.
LMNR Feed
How to Buy Stock in Limoneira Co
To summarize, here are the 6 steps for buying Limoneira Co stock:
- Figure out where to buy Limoneira Co stock
- Sign up for a brokerage account
- Fund your investment account
- Evaluate Limoneira Co stock
- Make your LMNR trade
- Watch your investment in LMNR
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Limoneira Co, create a watchlist on WallStreetZen today.
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