Alico - ALCO Stock Forecast, Price & News

Alico's stock was trading at $23.87 at the beginning of the year. Since then, ALCO shares have increased by 2.8% and is now trading at $24.55.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our ALCO earnings forecast.

Alico, Inc. (NASDAQ:ALCO) announced its quarterly earnings data on Tuesday, December, 7th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.48) by $0.15. The company earned $4 million during the quarter, compared to analyst estimates of $1.90 million. Alico had a negative net margin of 0.94% and a negative trailing twelve-month return on equity of 2.43%. During the same quarter in the prior year, the business posted ($0.43) EPS.

Alico announced a quarterly dividend on Monday, March 13th. Stockholders of record on Friday, March 31st will be given a dividend of $0.05 per share on Friday, April 14th. This represents a $0.20 annualized dividend and a yield of 0.81%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for ALCO.

ETFs with the largest weight of Alico (NASDAQ:ALCO) stock in their portfolio include Amplify Inflation Fighter ETF (IWIN) and Dimensional US Marketwide Value ETF (DFUV).Dimensional US Small Cap Value ETF (DFSV).

Alico (NASDAQ:ALCO) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.80%.
Read our dividend analysis for ALCO.

2 employees have rated Alico Chief Executive Officer Remy W. Trafelet on Glassdoor.com. Remy W. Trafelet has an approval rating of 100% among the company's employees. This puts Remy W. Trafelet in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alico investors own include AbbVie (ABBV), Costco Wholesale (COST), Chevron (CVX), Gilead Sciences (GILD), Marathon Petroleum (MPC), Micron Technology (MU), NVIDIA (NVDA), Novartis (NVS), Pfizer (PFE) and Analog Devices (ADI).

Alico trades on the NASDAQ under the ticker symbol "ALCO."

Alico's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.75%), Pacific Ridge Capital Partners LLC (2.59%), CM Management LLC (2.50%), Towerview LLC (2.00%), Geode Capital Management LLC (1.41%) and Boothbay Fund Management LLC (1.39%). Insiders that own company stock include Arlon Valencia Holdings Llc, James Sampel, Katherine English and Remy W Trafelet.
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Shares of ALCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ALCO stock can currently be purchased for approximately $24.55.

Alico (NASDAQ:ALCO) has a market capitalization of $186.58 million and generates $91.95 million in revenue each year. The company earns $12.46 million in net income (profit) each year or ($0.09) on an earnings per share basis.

The company employs 222 workers across the globe.

Alico's mailing address is 10070 DANIELS INTERSTATE COURT STE. 100, FT. MYERS FL, 33913. The official website for the company is www.alicoinc.com. The company can be reached via phone at (239) 226-2000, via email at jkiernan@alicoinc.com, or via fax at 863-675-6928.