Profile
Sector:
Consumer DefensiveIndustry:
Farm ProductsCountry:
United StatesIPO:
03 May 1973Website:
http://www.alicoinc.comNext earnings report:
02 August 2024Last dividends:
28 June 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 20:09:10 GMTAnalysts recommendations
Institutional Ownership
ALCO Latest News
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 citrus fruit. This agreement is effective June 5, 2024 through July 31, 2027, subject to its terms and conditions.
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 comparable property sales vs. $114 million listed on its balance sheet at cost. Using company numbers, I estimate a minimum after-tax liquidation value of $51 is available for investors at $26 per share today.
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 Estate, effective as of today.
Alico (ALCO) reported quarterly earnings of $0.26 per share, exceeding the Zacks Consensus Estimate of a loss of $0.14 per share. This is an improvement from a loss of $1.62 per share in the same quarter last year.
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 present and host one-on-one meetings at the 36th Annual Roth Conference taking place in Dana Point, CA March 18th and 19th of 2024.
The Agriculture - Operations industry participants have been impacted by commodity price inflation, reduced export projections and higher costs. Companies like CTVA, DOLE and ALCO stand to gain on solid product portfolios and innovation plans.
Alico, Inc. (ALCO) Q1 2024 Earnings Call Transcript
Alico (ALCO) came out with a quarterly loss of $2.34 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.84 per share a year ago.
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
If you are looking for stocks that are well positioned to maintain their recent uptrend, Alico (ALCO) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
- 1(current)
What type of business is Alico?
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 of September 30, 2021, it had 83,000 acres of land situated in eight counties in Florida, which include the Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, and Polk. The company was founded in 1960 and is headquartered in Fort Myers, Florida.
What sector is Alico in?
Alico is in the Consumer Defensive sector
What industry is Alico in?
Alico is in the Farm Products industry
What country is Alico from?
Alico is headquartered in United States
When did Alico go public?
Alico initial public offering (IPO) was on 03 May 1973
What is Alico website?
https://www.alicoinc.com
Is Alico in the S&P 500?
No, Alico is not included in the S&P 500 index
Is Alico in the NASDAQ 100?
No, Alico is not included in the NASDAQ 100 index
Is Alico in the Dow Jones?
No, Alico is not included in the Dow Jones index
When does Alico report earnings?
The next expected earnings date for Alico is 02 August 2024