The latest update from Limoneira Co (LMNR +1.36%) confirms that the company and PAI Centurion Citrus, LLC have mutually agreed to terminate their Grower Packing & Marketing Agreement, effective October 13, 2025. The termination acknowledges the completion and delivery of the 2024/2025 lemon crop and releases both parties from any future obligations, except for certain remaining payment and cost provisions.
The most recent analyst rating for LMNR stock is a "Buy," with a price target of US$31.00. According to Spark, TipRanks' AI Analyst, the current outlook for LMNR is "Neutral." Spark notes that Limoneira Co maintains a stable financial foundation supported by strategic growth initiatives. However, profitability challenges and valuation pressures continue to weigh on short-term performance. The company's strong cash flow management and ongoing strategic partnerships are viewed as positives for its longer-term outlook.
Limoneira Company operates within the agricultural sector, focusing primarily on the packing, marketing, and sale of lemons. The company currently has a market capitalization of approximately US$266.2 million, an average trading volume of 55,946 shares, and a technical sentiment signal of "Sell."
Source: TipRanks
