Alico, Inc. (ALCO)

NASDAQ: ALCO · Real-Time Price · USD
25.53
-2.37 (-8.49%)
Oct 7, 2024, 4:00 PM EDT - Market closed
-8.49%
Market Cap 194.76M
Revenue (ttm) 46.39M
Net Income (ttm) 26.04M
Shares Out 7.63M
EPS (ttm) 3.41
PE Ratio 7.51
Forward PE 58.51
Dividend $0.20 (0.78%)
Ex-Dividend Date Sep 27, 2024
Volume 99,814
Open 27.71
Previous Close 27.90
Day's Range 25.22 - 27.89
52-Week Range 23.55 - 31.00
Beta 0.79
Analysts n/a
Price Target n/a
Earnings Date Aug 5, 2024

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, cultivating, and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing, and hauling of citrus. ... [Read more]

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

Financial Performance

In 2023, Alico's revenue was $39.85 million, a decrease of -56.66% compared to the previous year's $91.95 million. Earnings were $1.84 million, a decrease of -85.27%.

Financial Statements

News

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...

19 days 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...

5 weeks 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...

2 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...

2 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...

2 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

2 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...

4 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 ...

4 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...

4 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. ...

4 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 ...

5 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

6 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 ...

7 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...

8 months ago - Seeking Alpha

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

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

8 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...

8 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

8 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...

9 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...

9 months ago - GlobeNewsWire

Alico, Inc. to Attend the 2024 ICR Conference in Orlando, Florida

FORT MYERS, Fla., Jan. 05, 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 a...

9 months ago - GlobeNewsWire

Alico, Inc. (ALCO) Q4 2023 Earnings Call Transcript

Alico, Inc. (NASDAQ:ALCO) Q4 2023 Earnings Conference Call December 7, 2023 8:30 AM ET Company Participants John Kiernan - President and Chief Executive Officer Brad Heine - Chief Financial Officer C...

10 months ago - Seeking Alpha

Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2023

FORT MYERS, Fla., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2...

10 months ago - GlobeNewsWire

Alico, Inc. to Attend Noble Capital Markets' 19th Annual Emerging Growth Equity Conference

FORT MYERS, Fla., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) announced today that John Kiernan, the Company's Chief Executive Officer and President, will a...

11 months ago - GlobeNewsWire

Alico, Inc. to Announce Fourth Quarter and Full Year 2023 Financial Results on Wednesday, December 6, 2023

Company to Host Conference Call on Thursday, December 7, 2023, at 8:30 AM Eastern Time Company to Host Conference Call on Thursday, December 7, 2023, at 8:30 AM Eastern Time

11 months ago - GlobeNewsWire

Alico: Buy The Low-Hanging Fruit

Alico's shares sold off following a dividend cut and hurricane damage to its citrus harvest. Shares continue trading at a discount to NAV despite substantially all trees remaining intact. Strategic pr...

11 months ago - Seeking Alpha