Alico (ALCO) Scheduled to Post Quarterly Earnings on Monday

Alico (NASDAQ:ALCO - Get Free Report) will be releasing its earnings data after the market closes on Monday, May 6th. Analysts expect Alico to post earnings of ($0.15) per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Alico (NASDAQ:ALCO - Get Free Report) last posted its quarterly earnings results on Wednesday, February 7th. The company reported ($2.35) earnings per share for the quarter, missing analysts' consensus estimates of ($0.29) by ($2.06). The firm had revenue of $13.99 million for the quarter, compared to analyst estimates of $11.50 million. Alico had a negative return on equity of 14.09% and a net margin of 110.84%. On average, analysts expect Alico to post $-3 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Alico Stock Down 0.8 %

Shares of NASDAQ ALCO traded down $0.22 during midday trading on Monday, hitting $28.55. 17,245 shares of the stock traded hands, compared to its average volume of 24,354. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.05 and a current ratio of 2.52. The business has a 50 day moving average price of $28.09 and a two-hundred day moving average price of $27.93. The company has a market cap of $217.55 million, a PE ratio of 4.53 and a beta of 0.86. Alico has a one year low of $22.58 and a one year high of $31.00.

Alico Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.20 annualized dividend and a yield of 0.70%. Alico's dividend payout ratio (DPR) is currently 3.17%.

Alico Company Profile

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 engages in planting, owning, cultivating, and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing, and hauling of citrus.