Daily Stock Analysis, LMNR, Limoneira Co, priceseries

Limoneira Co. is an agribusiness and real estate development company. Its operations consist of fruit production, sales and marketing, rental operations, real estate development and capital investment activities. The firm engages in growing citrus, avocados, picking and hauling citrus, and packing, marketing and selling lemons. It is also engaged in residential rentals and other rental operations and real estate development activities. It operates through the following divisions: Agribusiness, Rental Operations and Real Estate Development. The Agribusiness division is comprised of lemon operations and other agribusiness segments and includes farming, harvesting, lemon packing and lemon sales operations. The Rental operations division is comprised of residential and commercial rentals, leased land operations and organic recycling segments. The Real Estate Development division is comprised of real estate development operations. The company was founded by Nathan W. Blanchard and Wallace L. Hardison in 1893 and is headquartered in Santa Paula, CA.

Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through four segments: Lemon Operations, Other Agribusiness, Rental Operations, and Real Estate Development. The Lemon Operations segment grows, processes, packs, markets, and sells lemons directly to food service, wholesale, and retail customers, as well as packs lemons grown by others. It has approximately 4,600 acres of lemons planted primarily in Ventura and Tulare Counties in California and in Yuma County, Arizona. The Other Agribusiness segment grows avocado; oranges; and specialty citrus and other crops, including Moro blood oranges, Cara Cara oranges, Minneola tangelos, Star Ruby grapefruit, pummelos, pistachios, olives, and wine grapes. This segment has approximately 1,000 acres of avocados planted in Ventura County; 1,400 acres of oranges planted in Tulare County, California; and approximately 900 acres of specialty citrus and other crops. The Rental Operations segment rents residential housing units; and commercial properties, such as office buildings and a multi-use facility consisting of a retail convenience store, gas station, car wash, and quick-serve restaurant, as well as leases approximately 500 acres of its land to third-party agricultural tenants. It is also involved in organic recycling operations. The Real Estate Development segment develops parcels, multi-family housing, and single-family homes. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.