Alico, Inc. (ALCO)

NASDAQ: ALCO · Real-Time Price · USD
26.17
+0.91 (3.60%)
Dec 20, 2024, 4:00 PM EST - Market closed
3.60%
Market Cap 199.76M
Revenue (ttm) 46.64M
Net Income (ttm) 6.97M
Shares Out 7.63M
EPS (ttm) 0.91
PE Ratio 28.76
Forward PE n/a
Dividend $0.20 (0.76%)
Ex-Dividend Date Sep 27, 2024
Volume 98,634
Open 25.16
Previous Close 25.26
Day's Range 25.16 - 26.35
52-Week Range 24.14 - 30.75
Beta 0.81
Analysts n/a
Price Target n/a
Earnings Date Feb 5, 2025

About ALCO

Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments: Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment engages in planting, owning, and cultivating or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, as well as purchasing and reselling of fruit and value-added services, which includes contracting for the harvesting, marketing, and hauling of citrus. The Land Management ... [Read more]

Industry Farm Products
Founded 1960
Employees 194
Stock Exchange NASDAQ
Ticker Symbol ALCO
Full Company Profile

Financial Performance

In 2024, Alico's revenue was $46.64 million, an increase of 17.06% compared to the previous year's $39.85 million. Earnings were $6.97 million, an increase of 280.00%.

Financial Statements

News

Alico, Inc. (ALCO) Q4 2024 Earnings Call Transcript

Alico, Inc. (NASDAQ:ALCO) Q4 2024 Earnings Call Transcript December 2, 2024 8:30 AM ET Company Participants John Kiernan - President and CEO Brad Heine - CFO Operator Welcome to Alico's Fourth Quarte...

19 days ago - Seeking Alpha

Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024

FORT MYERS, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company,” “we,” “us” or “our”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ...

19 days ago - GlobeNewsWire

Alico, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on Monday, December 2, 2024

FORT MYERS, Fla., Nov. 29, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the fourth quarter and ful...

22 days ago - GlobeNewsWire

Alico: Hurricane Milton's Potential Impact And Earnings Preview

Alico owns ~48,000 acres of citrus groves in Florida. Hurricane Milton likely damaged Alico's citrus groves for the upcoming 2025 season. However, the company's current valuation is low compared to th...

7 weeks ago - Seeking Alpha

Initial Assessments Indicate that Alico, Inc. Sustained Minimal Tree Damage from Hurricane Milton Last Week

FORT MYERS, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Initial assessments indicate that Alico, Inc. sustained minimal tree damage from Hurricane Milton last week.

2 months ago - GlobeNewsWire

Alico: A Post-Hurricane Buying Opportunity May Be Presenting Itself

Alico has an abundance of asset value hidden away in the land that it owns. If Alico completes an entitlement of its 4,500 acres at its Corkscrew grove site then the company could see its net asset va...

2 months ago - Seeking Alpha

Alico, Inc. Announces Amendment to its Revolving Line of Credit with MetLife

FORT MYERS, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”) (Nasdaq: ALCO) announced that, effective September 17 2024, it has amended its Credit Agreement (the “Amendment”) with Metrop...

3 months ago - GlobeNewsWire

Alico: Florida Land Value Realization

Florida land is becoming increasingly scarce and valuable, with Alico offering a cheap entry at $5,500 per acre. Alico's land value is estimated at $9,000 per acre, suggesting a 60% upside, but realiz...

4 months ago - Seeking Alpha

Alico, Inc. (ALCO) Q3 2024 Earnings Call Transcript

Alico, Inc. (NASDAQ:ALCO) Q3 2024 Results Conference Call August 6, 2024 8:30 AM ET Company Participants John Kiernan - President & Chief Executive Officer Brad Heine - Chief Financial Officer Operat...

4 months ago - Seeking Alpha

Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2024

FORT MYERS, Fla. , Aug. 05, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the third quarter of fiscal year 202...

4 months ago - GlobeNewsWire

Alico: The Value Is In The Land

Alico, Inc is a citrus grower and land management company in Florida, trading near 52-week highs. Alico has strong balance sheets, with high shareholder equity and a price/book value of 0.81, making i...

5 months ago - Seeking Alpha

Alico, Inc. to Announce Third Quarter 2024 Financial Results on Monday, August 5, 2024

Company to Host Conference Call on Tuesday, August 6, 2024, at 8:30 AM Eastern Time Company to Host Conference Call on Tuesday, August 6, 2024, at 8:30 AM Eastern Time

5 months ago - GlobeNewsWire

Alico, Inc. Announces New Supply Contract with Tropicana

FORT MYERS, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that it entered into a new agreement with its largest customer to supply citru...

6 months ago - GlobeNewsWire

The Bottom Fishing Club: Buy Alico's Florida Orange Groves At 50% Discount

Alico is a Florida orange grove owner with 54,000+ acres, making it one of the largest U.S. citrus growers. Management estimates its grove and land holdings are worth as much as $635 million based on ...

7 months ago - Seeking Alpha

Mitch Hutchcraft Joins Alico, Inc. as Executive Vice President of Real Estate

FORT MYERS, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”) has announced that Mitch Hutchcraft is joining the company in a newly created position as Executive Vice President of Real Esta...

7 months ago - GlobeNewsWire

Alico: Thesis Playing Out; Maintain Buy

Alico's citrus groves were negatively impacted by Hurricane Ian in 2023, but improvements are expected in the current harvest. ALCO recently sold off the Alico Ranch, allowing the company to delever. ...

7 months ago - Seeking Alpha

Alico, Inc. Announces Financial Results for the Second Quarter and Six Months Ended March 31, 2024

FORT MYERS, Fla., May 06, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, or “our”) (Nasdaq: ALCO) today announces financial results for the second quarter of fiscal year 2024 and ...

8 months ago - GlobeNewsWire

Alico, Inc. to Announce Second Quarter 2024 Financial Results on Monday, May 6, 2024

Company to Host Conference Call on Tuesday, May 7, 2024, at 8:30 AM Eastern Time Company to Host Conference Call on Tuesday, May 7, 2024, at 8:30 AM Eastern Time

8 months ago - GlobeNewsWire

Alico, Inc. to Present at the 36th Annual Roth Conference

FORT MYERS, Fla., March 14, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) announced today that John Kiernan, the Company's Chief Executive Officer and President, will ...

10 months ago - GlobeNewsWire

Alico: Taking A Closer Look At The Company's Recovery Progress After Hurricane Ian

Alico is just beginning its recovery from Hurricane Ian, and its current share price reflects the battering the company's operations have taken. I believe when you buy Alico, you are buying $33.19 wor...

11 months ago - Seeking Alpha

Alico, Inc. (ALCO) Q1 2024 Earnings Call Transcript

Alico, Inc. (ALCO) Q1 2024 Earnings Call Transcript

11 months ago - Seeking Alpha

Alico, Inc. Announces Financial Results for the First Quarter Ended December 31, 2023

FORT MYERS, Fla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the first fiscal quarter ended December 31, 2023, the hi...

11 months ago - GlobeNewsWire

Alico, Inc. to Announce First Quarter 2024 Financial Results on Wednesday, February 7, 2024

Company to Host Conference Call on Thursday, February 8, 2024, at 8:30 AM Eastern Time Company to Host Conference Call on Thursday, February 8, 2024, at 8:30 AM Eastern Time

11 months ago - GlobeNewsWire

Alico, Inc.: Invitation to The Microcap Conference

Fort Myers, Florida--(Newsfile Corp. - January 26, 2024) - Alico, Inc. (NASDAQ: ALCO), a Florida-based agri-business, will be participating in The Microcap Conference, which will take place January 30...

11 months ago - Newsfile Corp

Alico, Inc. to Present at Sidoti Virtual Investor Conference

FORT MYERS, Fla., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) announced today that John Kiernan, the Company's Chief Executive Officer and President, will p...

1 year ago - GlobeNewsWire