Alico, Inc. (ALCO)

NASDAQ: ALCO · IEX Real-Time Price · USD
28.24
-2.64 (-8.55%)
Sep 30, 2022 4:00 PM EDT - Market closed
-8.55%
Market Cap 214.26M
Revenue (ttm) 94.92M
Net Income (ttm) 32.57M
Shares Out 7.59M
EPS (ttm) 4.31
PE Ratio 6.55
Forward PE 45.05
Dividend $2.00 (7.08%)
Ex-Dividend Date Sep 29, 2022
Volume 71,173
Open 28.53
Previous Close 30.88
Day's Range 27.80 - 28.94
52-Week Range 27.80 - 43.65
Beta 0.60
Analysts Buy
Price Target 40.80 (+44.5%)
Earnings Date Aug 3, 2022

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 cultivates citrus trees to produce citrus for delivery to the processed and fresh citrus markets. The Land Management and Other Operations segment owns and manages land in Collier, Glades, and Hendry Counties; and leasing of land for recreational and grazing purposes, conservation, and mining activities. As... [Read more...]

Industry Food Products
Founded 1960
Employees 222
Stock Exchange NASDAQ
Ticker Symbol ALCO
Full Company Profile

Financial Performance

In 2021, Alico's revenue was $108.56 million, an increase of 17.36% compared to the previous year's $92.51 million. Earnings were $34.86 million, an increase of 47.32%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for ALCO stock is "Buy." The 12-month stock price forecast is 40.8, which is an increase of 44.48% from the latest price.

Price Target
$40.8
(44.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alico, Inc. Initial Hurricane Ian Assessment: 125 year-old Company Weathers Latest Storm

FORT MYERS, Fla., Sept. 30, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. remains strong following the historic Hurricane Ian. Most importantly, we are grateful that none of our 200+ employees were casualties fr...

2 days ago - GlobeNewsWire

New Strong Sell Stocks for September 14th

ALCO, COHR, and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on September 14, 2022.

Other symbols: COHR
2 weeks ago - Zacks Investment Research

Alico, Inc. Appoints Perry Del Vecchio as Chief Financial Officer

FORT MYERS, Fla., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (NASDAQ: ALCO, "Alico" or "the Company"), an agriculture and land management company, today announced the hiring and appointment of Perry...

3 weeks ago - GlobeNewsWire

New Strong Sell Stocks for September 6th

ALCO, SPR and CVGI have been added to the Zacks Rank #5 (Strong Sell) List on September 6, 2022.

Other symbols: CVGISPR
3 weeks ago - Zacks Investment Research

Want Passive Income? These 3 High-Yield Dividend Stocks Have Massive Growth Potential

Not only do these companies pay out impressive dividends, but they also show potential for substantial growth over time.

Other symbols: BGSBIG
1 month ago - The Motley Fool

New Strong Sell Stocks for August 30th

ALCO, CBAN and LAKE have been added to the Zacks Rank #5 (Strong Sell) List on August 30, 2022.

Other symbols: CBANLAKE
1 month ago - Zacks Investment Research

Stonegate Capital Partners Updates Coverage on Alico, Inc. (ALCO)

Dallas, Texas--(Newsfile Corp. - August 29, 2022) - Stonegate Capital Partners updates coverage on Alico, Inc. (NASDAQ: ALCO). The full report can be accessed by clicking on the following link: https://...

1 month ago - Newsfile Corp

New Strong Sell Stocks for August 26th

BBBY, ALCO, and BGS have been added to the Zacks Rank #5 (Strong Sell) List on August 26, 2022.

Other symbols: BBBYBGS
1 month ago - Zacks Investment Research

New Strong Sell Stocks for August 22nd

CHUY, ALCO, and EQX have been added to the Zacks Rank #5 (Strong Sell) List on August 22, 2022.

Other symbols: CHUYEQX
1 month ago - Zacks Investment Research

New Strong Sell Stocks for August 16th

ALCO, AJRD, and AM have been added to the Zacks Rank #5 (Strong Sell) List on August 16, 2022.

Other symbols: AJRDAM
1 month ago - Zacks Investment Research

Alico (ALCO) Reports Q3 Loss, Lags Revenue Estimates

Alico (ALCO) delivered earnings and revenue surprises of -450% and 10.25%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2022

FORT MYERS, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the third quarter of fiscal year 2022 and the nine months ...

1 month ago - GlobeNewsWire

Alico, Inc. to Announce Third Quarter 2022 Financial Results on Wednesday, August 3, 2022

Company to Host Conference Call at 4:30 PM Eastern Daylight Time Company to Host Conference Call at 4:30 PM Eastern Daylight Time

2 months ago - GlobeNewsWire

Alico, Inc. to Present at the Sidoti Small Cap Investor Conference

FORT MYERS, Fla., June 06, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will pre...

3 months ago - GlobeNewsWire

The 7 Best Retirement Stocks to Buy Right Now

Don't expect to find a lot of sexy growth stocks now. Look to solid income and solid growth you can invest in like these retirement stocks.

Other symbols: BCBPGLPHESMOGEPANLSIRE
4 months ago - InvestorPlace

3 Unorthodox Dividend Stocks Yielding 5% or More

Go off the beaten path to increase your dividend income with these three names.

Other symbols: AEOCWH
4 months ago - The Motley Fool

New Strong Sell Stocks for May 10th

Teaser: ASX, ALCO, and CBAN have been added to the Zacks Rank #5 (Strong Sell) List on May 10, 2022.

Other symbols: ASXCBAN
4 months ago - Zacks Investment Research

Alico (ALCO) Surpasses Q2 Earnings Estimates

Alico (ALCO) delivered earnings and revenue surprises of 500% and 3.42%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Alico, Inc. Announces Financial Results for the Second Quarter and Six Months Ended March 31, 2022

FORT MYERS, Fla., May 09, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the second quarter of fiscal year 2022 and the six months e...

4 months ago - GlobeNewsWire

Alico, Inc. to Present at the Sidoti Microcap Investor Conference

FORT MYERS, Fla., May 04, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, and Richa...

4 months ago - GlobeNewsWire

Analysts Estimate Alico (ALCO) to Report a Decline in Earnings: What to Look Out for

Alico (ALCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Get Paid a 5% Dividend Yield With This Orange Grower

This Florida citrus grower is a tasty choice for dividend investors.

5 months ago - The Motley Fool

Alico, Inc. to Attend the Noble Capital Markets' Eighteenth Annual Investor Conference

FORT MYERS, Fla., April 13, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that Richard Rallo, the Company's Senior Vice President and Chief Financial Off...

5 months ago - GlobeNewsWire

"Buy Land, They Aren't Making Any More of It" With These 3 Dividend Payers

These three companies own substantial land holdings across the United States, and all pay dividends.

Other symbols: LANDTPL
5 months ago - The Motley Fool

Alico, Inc. Announces Update on Harvest Season, Ranchland Sales, Other Business Activities and Financial Guidance

FORT MYERS, Fla., March 31, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces updated financial guidance and other business activities that will continue to ...

6 months ago - GlobeNewsWire