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Alico Inc - ALCO STOCK NEWS

Welcome to our dedicated page for Alico news (Ticker: ALCO), a resource for investors and traders seeking the latest updates and insights on Alico stock.

Overview of Alico Inc.

Alico Inc. is a Florida-based agribusiness and land management company that has built its reputation on its innovative approaches in citrus production, resource conservation, and diversified land management. Operating primarily through its two segments—Alico Citrus and Land Management & Other Operations—the company has established a robust business model that integrates agricultural production with strategic land leasing initiatives. Its operations are marked by a careful balance between high-quality citrus cultivation and responsible land stewardship.

Agricultural Production and Citrus Operations

The core of Alico's business lies in its comprehensive citrus production operations. The company manages extensive groves that focus on growing premium citrus varieties, primarily serving markets that process fresh oranges into juice. With a strong focus on agricultural innovation and meticulous grove management, Alico ensures that its citrus products meet the highest standards demanded by major processors. The use of advanced cultivation techniques and farm management practices highlights Alico's commitment to quality and sustainability within the highly competitive agribusiness sector.

Land Management and Conservation

Beyond its agricultural endeavors, Alico fortifies its position in the market through a diversified land management strategy. The company leases significant portions of its land to support recreational activities, conservation projects, and mining operations. This dual approach not only provides a stable stream of ancillary revenue but also reinforces the company's commitment to resource conservation and sustainable practices. By maintaining large tracts of conservatively managed land, Alico sets an example in balancing commercial interests with environmental stewardship.

Integrated Business Model and Market Position

Alico Inc. distinguishes itself through an integrated business strategy that synthesizes high-quality citrus production with strategic land management. This combination allows the company to mitigate risks associated with single-segment dependency by diversifying its business model. The efficient allocation of land assets and the strategic extension of long-term supply agreements with key market players underscore its competitive approach. Furthermore, by committing major portions of its citrus harvest to long-standing relationships, Alico underlines its ability to ensure product quality and consistency—a crucial factor for processors who rely on stable supplies.

Operational Excellence and Industry Expertise

Underpinned by extensive industry experience and a commitment to sustainable practices, Alico employs a management approach that prioritizes innovation and operational excellence. Its focus on advanced agricultural techniques, balanced with conscientious land management strategies, reflects a deep understanding of both the agribusiness and real estate leasing sectors. This operational excellence ensures that Alico remains a significant, dependable player in its markets without compromising on ecological or economic sustainability.

Competitive Landscape and Strategic Relationships

Within the competitive landscape of agribusiness, Alico's strategic relationships with major citrus processors and land lessees provide a stable foundation for its operations. The company's ability to negotiate favorable supply agreements, often securing long-term contracts, reinforces its market significance and operational resilience. By emphasizing quality, reliability, and a well-integrated business structure, Alico effectively navigates industry challenges while remaining focused on its core strengths.

Commitment to Sustainable Practices

The sustainability of Alico's operations is evidenced by its careful land management practices and focus on conservation. The company continually refines its agricultural methods to enhance productivity and maintain environmental balance. By actively integrating sustainable practices into its operational framework, Alico not only safeguards its current assets but also positions itself as an exemplar of responsible agribusiness in an era where environmental considerations are paramount.

In Summary

Alico Inc. stands as a multifaceted company that merges robust citrus production with diversified land management. With its dual focus on producing premium citrus and responsibly managing valuable land resources, the firm crafts a sustainable and resilient business model. An informed combination of operational excellence, strategic relationships, and innovative management practices underlines Alico's role as an authoritative presence within the agribusiness and land management sectors.

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Alico, Inc. will announce its second-quarter 2024 financial results on May 6, 2024, followed by a conference call on May 7, 2024. The Company will discuss its financial performance and provide insights for shareholders and investors.
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Alico, Inc. announces CEO John Kiernan's participation in the 36th Annual Roth Conference. The event will feature meetings with executives from various sectors including Consumer, Technology, Healthcare, and Energy.
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Alico, Inc. reports net income of $42.9 million and EBITDA of $63.8 million for the first fiscal quarter ended December 31, 2023. The Company sold 17,229 acres of Alico Ranch for $77.6 million. Adjusted EBITDA was $(2.3) million due to lower box production from the impact of Hurricane Ian. The Company maintained a strong balance sheet with a working capital ratio of 2.52 to 1.00. Citrus production increased by 30.1%, but fruit production was adversely impacted by Hurricane Ian. The Company signed new farming leases, but operating expenses increased due to higher property taxes. Alico's CEO highlighted the reduction in total debt by $44 million and net debt by almost $62 million, representing a decrease of 34% and 48% respectively. The Company paid a first quarter cash dividend of $0.05 per share on its outstanding common stock.
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Alico, Inc. will release financial results for the first quarter ended December 31, 2023, on February 7, 2024, after the market close. The company will host a conference call on February 8, 2024, to discuss its financial results. Interested parties can join the call by dialing the provided numbers. A telephone replay will be available for a limited time after the call concludes.
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Alico, Inc. (NASDAQ: ALCO) will be participating in The Microcap Conference at Caesars Atlantic City Hotel & Casino. President and CEO John Kiernan will be presenting on January 31 & February 1, 2024. Interested parties can register to attend the conference and schedule one-on-one meetings with the management team.
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Alico, Inc. announced that its CEO will present at the Sidoti January Virtual Investor Conference on January 17th and 18th, 2024. The presentation will be live at 8:15AM EST on January 17th and can be accessed for free. One-on-one meetings with investors will also be held virtually. Registration is open to all and can be done at www.sidoti.com/events.
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Alico, Inc. (NASDAQ: ALCO) CEO John Kiernan to attend 26th ICR Conference in Orlando, Florida
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Alico, Inc. (Nasdaq: ALCO) reports financial results for Q4 and fiscal year 2023, with net income of $1.8 million and EBITDA of $23.0 million. The company sold 2,255 acres for $12.0 million and had $70.0 million of undrawn credit available as of September 30, 2023. However, adjusted net loss was $(24.5) million and adjusted EBITDA was $(16.1) million for the year. The citrus division saw a 51.5% decrease in harvested fruit production, but the company anticipates market prices for the upcoming harvest season to be consistent or slightly above. Land Management and Other Operations Division income decreased by $0.5 million. The company is recovering from the impact of Hurricane Ian and is confident in its crop recovery for the 2023-24 season.
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Alico, Inc. (ALCO) to Host Conference Call to Discuss Financial Results for Q4 and Full Year 2023
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Alico, Inc. (NASDAQ: ALCO) CEO John Kiernan to attend NobleCon19 - Noble Capital Markets’ 19th Annual Emerging Growth Equity Conference at Florida Atlantic University
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FAQ

What is the current stock price of Alico (ALCO)?

The current stock price of Alico (ALCO) is $29.39 as of April 4, 2025.

What is the market cap of Alico (ALCO)?

The market cap of Alico (ALCO) is approximately 219.7M.

What are the primary business segments of Alico Inc.?

Alico Inc. operates through two main segments: Alico Citrus, focusing on citrus cultivation, and Land Management & Other Operations, which includes land leasing for recreational, conservation, and mining uses.

How does Alico generate revenue?

The majority of Alico's revenue comes from its citrus production operations, complemented by income from leasing land for various uses, which diversifies its revenue streams and mitigates market volatility.

What markets does Alico serve with its citrus products?

Alico primarily supplies its high-quality citrus to processors in the fresh and processed orange markets, particularly serving large-scale orange juice processors.

How does the land management segment contribute to Alico's business model?

The land management division supports Alico by leasing out significant tracts of land for conservation, recreational, and mining activities, thereby providing a stable ancillary revenue stream alongside its agricultural operations.

What distinguishes Alico's approach to agribusiness?

Alico integrates advanced grove management techniques with sustainable land practices, ensuring both product quality and responsible resource conservation in a highly competitive market.

How does Alico maintain its competitive edge?

By establishing long-term supply agreements with key industry players and employing innovative agricultural and land management strategies, Alico secures reliable revenue while continually enhancing operational efficiency.

Why is sustainable practice important in Alico's operations?

Sustainable practices are integral to Alico's operations as they ensure environmental balance, enhance the long-term productivity of its groves, and align with its commitment to responsible land stewardship.

How does Alico manage risks in its agribusiness operations?

Alico manages risks through a diversified business model that combines citrus production with strategic land leasing, allowing the company to offset volatility in one segment with steady performance in the other.
Alico Inc

Nasdaq:ALCO

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219.74M
5.27M
30.89%
58.11%
3.77%
Farm Products
Consumer Defensive
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United States
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