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