32.58 USD
-0.22
0.67%
At close Jan 17, 4:00 PM EST
After hours
32.58
+0.00
0.00%
1 day
-0.67%
5 days
14.00%
1 month
24.16%
3 months
21.79%
6 months
20.31%
Year to date
25.79%
1 year
14.00%
5 years
-12.63%
10 years
-38.54%
 

About: Alico Inc is a Florida-based agribusiness and land management company that primarily focuses on citrus production and grove conservation. The company operates through two primary business units: Alico Citrus and Land Management and Other Operations. The Alico Citrus segment engages in the cultivation of citrus trees and delivers citrus to the processed and fresh citrus markets. It mainly serves the processed market and sells primarily Hamlin oranges and the Valencia variety to the orange juice processors. The Land Management and Other Operations segment engages in land leasing for recreational, conservation, and mining activities. Alico Citrus delivers most of the revenue as the firm's primary operating business unit.

Employees: 199

0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

167% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 6

143% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 14

11% more funds holding

Funds holding: 76 [Q2] → 84 (+8) [Q3]

11% more capital invested

Capital invested by funds: $107M [Q2] → $119M (+$11.3M) [Q3]

1.21% more ownership

Funds ownership: 54.32% [Q2] → 55.53% (+1.21%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for ALCO.

Financial journalist opinion

Based on 3 articles about ALCO published over the past 30 days

Negative
Zacks Investment Research
3 days ago
5 Prominent Agriculture Operations Stocks Navigating Market Challenges
The Agriculture - Operations industry faces rising costs and trade uncertainties. Yet, companies like ADM, AGRO, AVO, CVGW and ALCO are primed for growth through innovation and demand for healthy products.
5 Prominent Agriculture Operations Stocks Navigating Market Challenges
Positive
Seeking Alpha
1 week ago
Alico: Winding Down Citrus Operations To Focus On Land Development
Alico is transitioning from citrus operations to land development. Management believes it can unlock $650 - 750 million in enterprise value by developing its valuable land near Fort Myers and Tampa. This translates into over $80 / share. Despite potential short-term volatility, I maintain a speculative buy rating due to the long-term potential of Alico's vast land holdings.
Alico: Winding Down Citrus Operations To Focus On Land Development
Neutral
GlobeNewsWire
1 week ago
Alico, Inc. to Present at 27th Annual ICR Conference
FORT MYERS, Fla., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will present at the 27th Annual ICR Conference being held on January 13-15, 2025 in Orlando, FL.
Alico, Inc. to Present at 27th Annual ICR Conference
Neutral
Seeking Alpha
1 month ago
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 Quarter and Fiscal Year Ended 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Alico, Inc. (ALCO) Q4 2024 Earnings Call Transcript
Neutral
GlobeNewsWire
1 month ago
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 ended September 30, 2024, the highlights of which are as follows:
Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024
Neutral
GlobeNewsWire
1 month ago
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 full year ended September 30, 2024, on Monday, December 2, 2024 before market open.
Alico, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on Monday, December 2, 2024
Neutral
Seeking Alpha
2 months ago
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 the redevelopment potential of the citrus groves into residential real estate.
Alico: Hurricane Milton's Potential Impact And Earnings Preview
Neutral
GlobeNewsWire
3 months ago
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.
Initial Assessments Indicate that Alico, Inc. Sustained Minimal Tree Damage from Hurricane Milton Last Week
Positive
Seeking Alpha
3 months ago
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 value increase from $32.01 to $51.13 per share. The upcoming uncertainty surrounding the impacts of Hurricane Milton on Florida may present investors with buying opportunities in the days and weeks ahead.
Alico: A Post-Hurricane Buying Opportunity May Be Presenting Itself
Neutral
GlobeNewsWire
4 months ago
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 Metropolitan Life Insurance Company, and New England Life Insurance Company (collectively “MetLife”), which, among other things (i) increases the borrowing capacity under the revolving line of credit (the “RLOC”) from $25 million to $95 million and (ii) now extends the maturity date of the RLOC to May 1, 2034. The RLOC is secured by real property, consisting of approximately 36,800 gross acres of citrus land. In addition, in connection with the Amendment, the Company paid off its current borrowings under the $70 million working capital line of credit, subject to cancellation of its outstanding letters of credit, with Rabo Agrifinance, Inc. and replaced the Rabo Agrifinance working capital line of credit, which was due to mature on November 1, 2025.
Alico, Inc. Announces Amendment to its Revolving Line of Credit with MetLife
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