NasdaqGS - Nasdaq Real Time Price • USD Alico, Inc. (ALCO) Follow Compare 28.91 -0.89 (-2.99%) At close: January 10 at 4:00:01 PM EST 28.91 0.00 (0.00%) After hours: January 10 at 4:01:27 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 2024 Was the Hottest Year. Here Are Climate Trends to Watch in 2025 Last year was the hottest on record and, by most measures, the first to exceed the threshold set by the Paris Agreement to limit the worst effects of climate change, according to five international climate organizations. The average global temperature was 1.47 to 1.62 degrees Celsius (2.65 to 2.92 degrees Fahrenheit) hotter than pre-industrial levels. More than 190 countries, including the U.S., which signed the 2015 Paris Agreement, agreed to try to stay below 1.5 degrees Celsius. Tropicana orange supplier Alico to exit citrus business The company concluded that "growing citrus is no longer economically viable for us in Florida," with disease and hurricanes reducing production by 73%. Major Florida grower to end citrus operations after years of hurricanes and tree disease A major grower said this week it was abandoning its citrus growing operations, reflecting the headwinds Florida's signature crops are facing following a series of hurricanes and tree diseases. Alico Inc. announced Monday that it planned to wind down its citrus operations after the current crop is harvested later this year. About 3,400 citrus acres (1,376 hectares) will be managed by third-party caretakers for another season through 2026. 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. The Company’s presentation will begin at 8:00 am Eastern time on Wednesday, January 15, 2025. The presentation will be webcast live and can be accessed through the “News / Events” tab on the investor relations Tropicana Supplier to End Citrus Output on Disease, Storms (Bloomberg) -- Alico Inc., one of the biggest US orange growers and a supplier to Tropicana, will wind down its citrus division after disease and hurricanes have driven a decades-long decline in production.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeCan American Drivers Learn to Love Roundabouts?Don’t Shrink the BusIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing Takes Effect After Years of DelaysThe Florida-based company won’t Tropicana Supplier Alico Cuts Citrus Operations As Greening Disease Bites, Eyes Growth In Real Estate; Stock Jumps Alico, Inc. (NASDAQ:ALCO) shares traded higher on Monday after the Florida-based agribusiness and land management company announced key changes to its operations. Alico plans to wind down Alico Citrus’ primary operations, which will include reducing most of its citrus production workforce effective immediately. Alico’s Board approved reducing up to 172 positions, with 135 employees affected by January 6, 2025, and the remainder by April 1, 2025. Alico expects that approximately 3,460 citrus acre Alico, Inc. Announces Strategic Transformation of Agriculture Operations to Unlock Value in Land Holdings Company announces it will wind down its Alico Citrus division to focus on its long-term diversified land usage and real estate development strategy Conference call and webcast to discuss announcement at 8:30 am Eastern Time today FORT MYERS, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or “the Company”) (Nasdaq: ALCO), today announces a strategic transformation to become a diversified land company with each of its properties now expected to create profitable agricultural revenue With 57% ownership, Alico, Inc. (NASDAQ:ALCO) boasts of strong institutional backing Key Insights Given the large stake in the stock by institutions, Alico's stock price might be vulnerable to their... Alico, Inc. (ALCO): A Bull Case Theory We came across a bullish thesis on Alico, Inc. (ALCO) on Undervalued and undercovered’s Substack by Hugo Navarro. In this article, we will summarize the bulls’ thesis on ALCO. Alico, Inc. (ALCO)’s share was trading at $27.80 as of Dec 6th. ALCO’s trailing P/E was 30.55 according to Yahoo Finance. Alico, Inc., a Florida-based producer of oranges, […] Alico: Fiscal Q4 Earnings Snapshot ALCO) on Monday reported a fiscal fourth-quarter loss of $18.1 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Ft. Myers, Florida-based company said it had a loss of $2.38. 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: The Company reports net income attributable to Alico, Inc. common stockholders of $7.0 million and EBITDA of $29.7 million for the fiscal year ended September 30, 2024. After adjusting for certain non-recurring items, the Company repo 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. The Company will host a conference call to discuss its financial results on Monday, December 2, 2024, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-225-9448 in the United Stat DealFlow Events Unveils First Wave of Companies for The Microcap Conference in January 2025 ATLANTIC CITY, NJ / ACCESSWIRE / November 27, 2024 /DealFlow Events is pleased to announce the initial lineup of companies participating in The Microcap Conference, set for January 28-30 in Atlantic City, NJ. Now in its second year, the event is a ... Alico Reports Minimal Tree Damage From Hurricane Milton, Still Assessing Impact Alico Reports Minimal Tree Damage From Hurricane Milton, Still Assessing Impact 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. Most importantly, we are grateful that none of our approximately 197 employees were casualties from this devastating storm in Florida last week. The full impact of Hurricane Milton on Alico’s assets and operations is still being assessed at this time, but we believe the lessons learned over the past century, especially since Hurricane Ir The past three years for Alico (NASDAQ:ALCO) investors has not been profitable For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you... 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, Alico (ALCO) Reports Q3 Loss, Lags Revenue Estimates Alico (ALCO) delivered earnings and revenue surprises of -8% and 23.54%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock? Alico: Fiscal Q3 Earnings Snapshot ALCO) on Monday reported a fiscal third-quarter loss of $2 million, after reporting a profit in the same period a year earlier. The Ft. Myers, Florida-based company said it had a loss of 27 cents per share. 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 2024 and the nine months ended June 30, 2024, the highlights of which are as follows: The Company previously announced that it entered a new three-year agreement to sell oranges to Tropicana at prices that are approximately 33% to 50% higher, over the life of the contract, than the average price for al Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return ALCO S&P 500 YTD +13.46% -1.35% 1-Year +2.73% +22.51% 3-Year -19.53% +24.59%