Limoneira Co (NASDAQ:LMNR) Updates On Dividend Release Date


On 2016-06-24, Limoneira Co (NASDAQ:LMNR) confirmed the dividend disbursement of $0.05 a share to shareholders as on record 2016-07-05. The firm will release dividend on 2016-07-15 while ex-dividend date is reported to be 2016-06-30.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Limoneira Co (NASDAQ:LMNR) paid a total of $0.05 per share in dividends. This figure stood at $0.05 a share in the same period a year ago indicating a deviation of 9.0909%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $23.055 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $25 and $21, respectively.

Taking the mathematical rating formula, the price for Limoneira Co (NASDAQ:LMNR) stands at 1. Earnings Review Limoneira Co (NASDAQ:LMNR) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-09-08. For the period ending on 2016-07-31, experts are expecting EPS of $0.62.

Coming to the quarter ending on 2015-10-31, Limoneira Co (NASDAQ:LMNR) recorded EPS of $0.08. The reported numbers came lower than the analysts’ estimates of $0.2, demonstrating a miss of $-0.12 as against reported figures.

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