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 cultivates citrus trees to produce citrus for delivery to the processed and fresh citrus markets. The Land Management and Other Operations segment owns and manages land in Collier, Glades, and Hendry Counties; and leasing of land for recreational and grazing purposes, conservation, and mining activities. As of September 30, 2020, it owned 99,760 acres of land located in eight counties in Florida, which include the Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, and Polk. The company was founded in 1960 and is headquartered in Fort Myers, Florida.
IPO Year:
Exchange: NASDAQ
Website: alicoinc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/6/2021 | $40.00 → $44.00 | Buy | Roth Capital |
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Roth Capital reiterated coverage of Alico with a rating of Buy and set a new price target of $44.00 from $40.00 previously
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FORT MYERS, Fla., May 27, 2026 (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 and host one-on-one meetings with investors at the 16th Annual East Coast IDEAS Investor Conference at The Westin TimesSquare in New York, NY on June 10-11, 2026. The presentation will begin at 2:40 PM Eastern Time on Wednesday, June 10th. Management will also host one-on-one meetings with investors on Wednesday, June 10th. The presentation will be webcast live and can be accessed through the conference host's main website: https://www.threepartadvisors.com/east-coast and can be accessed
Company Closed $26.9 million Land Sale in Second Quarter; Total Land Sales Reach $34.6 million Year-to-Date Company Repurchased 245,399 Shares for $10.0 million, Through April 2026 Cash and Cash Equivalents of $52.9 million at March 31, 2026, Extending Cash Runway Another Year Through Fiscal Year 2028 Collier County Local Entitlement Approvals Secured in April 2026; Federal and State Entitlements Progressing as Expected for Corkscrew Grove Villages FORT MYERS, Fla., May 11, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", "us" or "our") (NASDAQ:ALCO) today announced financial results for the second quarter ended March 31, 2026. Management Comments John Kiernan, Pr
FORT MYERS, Fla., May 04, 2026 (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 and host one-on-one meetings with investors at the LD Micro Invitational XVI Conference, taking place on May 17-19, 2026 in Los Angeles, CA. The presentation will begin at 9:30 AM Pacific Time (12:30 PM Eastern Time) on Monday, May 18th. Management will also host one-on-one meetings with investors on Monday, May 18th. To register for the presentation or one-on-one meeting, visit here. About AlicoAlico, Inc. (NASDAQ:ALCO) is a Florida-based agribusiness and land management company with o
FORT MYERS, Fla., April 30, 2026 (GLOBE NEWSWIRE) -- Alico, Inc., ("Alico" or the "Company") (NASDAQ:ALCO) today announced it has received unanimous approval from the Collier County Board of County Commissioners for the Stewardship Receiving Area (SRA) and companion Stewardship Sending Area (SSA) 22 for Corkscrew Grove East Village. The April 28, 2026 vote represents a significant regulatory milestone for the initial development project of the Corkscrew Grove Villages master-planned community, which the Company believes has the potential to be a transformative development project located at the intersection of Collier, Lee and Hendry counties in Southwest Florida. With local entitlements
FORT MYERS, Fla., April 27, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2026, on Monday, May 11, 2026 after market close. The Company will host a conference call to discuss its financial results on Tuesday, May 12, 2026, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-343-4849 in the United States and 1-203-518-9848 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Tuesday, May 12, 2026 approximately three hours after t
FORT MYERS, Fla., March 09, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will host one-on-one meetings with investors at the 38th Annual Roth Conference, taking place in Laguna Niguel, CA on March 22-24, 2026. About Alico Alico, Inc. (NASDAQ:ALCO) is a Florida-based agribusiness and land management company with over 125 years of experience. Following its strategic transformation in 2025, Alico operates as a diversified land company with approximately 46,000 acres across 7 Florida counties. The Company focuses on strategic land development opportunities and diversified
Company Closed $7.7 million of Land Sales in First Quarter; Total Land Sales Reach $34.5 million Year-to-Date Through January 2026 Farmable land Utilization Reaches 97% Following Completion of Lease Agreements in January 2026 Land Sales and Operating Performance Strengthen Cash Position, Creating Strategic Capital Deployment Optionality Development Pipeline Moves Forward with Local Corkscrew Grove Entitlement Decision By County Expected in 2026 FORT MYERS, Fla., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", "us" or "our") (NASDAQ:ALCO) today announced financial results for the first quarter ended December 31, 2025. Management Comments John Kiernan, Pres
FORT MYERS, Fla., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the first quarter ended December 31, 2025, on Wednesday, February 4, 2026 after market close. The Company will host a conference call to discuss its financial results on Thursday, February 5, 2026, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-245-3047 in the United States and 1-203-518-9765 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Thursday, February 5, 2026 approximately t
FORT MYERS, Fla., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will host one-on-one meetings with investors at Oppenheimer 11th Annual Emerging Growth Conference, taking place virtually on February 3-4, 2026. About Alico Alico, Inc. (NASDAQ:ALCO) is a Florida-based agribusiness and land management company with over 125 years of experience. Following its strategic transformation in 2025, Alico operates as a diversified land company with approximately 49,537 acres across 8 Florida counties as of September 30, 2025. The Company focuses on strategic land developme
FORT MYERS, Fla., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Alico, Inc., ("Alico" or the "Company") (NASDAQ:ALCO) today announced the completion of a large grove sale representing approximately 2,950 acres and significant progress in its plans to generate cashflow from its agricultural assets, further advancing its strategic transformation from traditional citrus operations to a diversified land company. The Company closed on the sale of a large citrus grove in Hendry County representing approximately 2,950 acres for $26.8 million in gross proceeds, marking another milestone in its land monetization strategy. Combined with previously announced transactions completed in early fiscal year 2026, inc
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FORT MYERS, Fla., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (NASDAQ:ALCO, ", Alico", or ", the Company", ))), an agriculture and land management company, today announced the departure of Perry G. Del Vecchio as the Company's Chief Financial Officer, effective as of August 16, 2023, and the hiring and appointment of Bradley Heine as his replacement, effective as of today, August 16, 2023. As the new Chief Financial Officer, principal financial officer, and principal accounting officer for Alico, Mr. Heine will be responsible for all corporate finance, treasury and accounting functions of the Company and will report directly to John Kiernan, the Company's President and Chief Executive O
FORT MYERS, Fla., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (NASDAQ:ALCO, ", Alico", or ", the Company", ))), an agriculture and land management company, today announced the hiring and appointment of Perry G. Del Vecchio as the Company's Chief Financial Officer, effective as of September 6, 2022. Mr. Del Vecchio will be responsible for all corporate finance, treasury and accounting functions of the Company and will report directly to John Kiernan, the Company's President and Chief Executive Officer. "We are very pleased to have Perry join Alico's senior leadership team as our CFO," said Mr. Kiernan. "Perry's background as a senior finance leader for a $6 billion division of a Fortun
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Company Closed $26.9 million Land Sale in Second Quarter; Total Land Sales Reach $34.6 million Year-to-Date Company Repurchased 245,399 Shares for $10.0 million, Through April 2026 Cash and Cash Equivalents of $52.9 million at March 31, 2026, Extending Cash Runway Another Year Through Fiscal Year 2028 Collier County Local Entitlement Approvals Secured in April 2026; Federal and State Entitlements Progressing as Expected for Corkscrew Grove Villages FORT MYERS, Fla., May 11, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", "us" or "our") (NASDAQ:ALCO) today announced financial results for the second quarter ended March 31, 2026. Management Comments John Kiernan, Pr
FORT MYERS, Fla., April 30, 2026 (GLOBE NEWSWIRE) -- Alico, Inc., ("Alico" or the "Company") (NASDAQ:ALCO) today announced it has received unanimous approval from the Collier County Board of County Commissioners for the Stewardship Receiving Area (SRA) and companion Stewardship Sending Area (SSA) 22 for Corkscrew Grove East Village. The April 28, 2026 vote represents a significant regulatory milestone for the initial development project of the Corkscrew Grove Villages master-planned community, which the Company believes has the potential to be a transformative development project located at the intersection of Collier, Lee and Hendry counties in Southwest Florida. With local entitlements
FORT MYERS, Fla., April 27, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2026, on Monday, May 11, 2026 after market close. The Company will host a conference call to discuss its financial results on Tuesday, May 12, 2026, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-343-4849 in the United States and 1-203-518-9848 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Tuesday, May 12, 2026 approximately three hours after t
Company Closed $7.7 million of Land Sales in First Quarter; Total Land Sales Reach $34.5 million Year-to-Date Through January 2026 Farmable land Utilization Reaches 97% Following Completion of Lease Agreements in January 2026 Land Sales and Operating Performance Strengthen Cash Position, Creating Strategic Capital Deployment Optionality Development Pipeline Moves Forward with Local Corkscrew Grove Entitlement Decision By County Expected in 2026 FORT MYERS, Fla., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", "us" or "our") (NASDAQ:ALCO) today announced financial results for the first quarter ended December 31, 2025. Management Comments John Kiernan, Pres
FORT MYERS, Fla., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the first quarter ended December 31, 2025, on Wednesday, February 4, 2026 after market close. The Company will host a conference call to discuss its financial results on Thursday, February 5, 2026, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-245-3047 in the United States and 1-203-518-9765 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Thursday, February 5, 2026 approximately t
FORT MYERS, Fla., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Alico, Inc., ("Alico" or the "Company") (NASDAQ:ALCO) today announced the completion of a large grove sale representing approximately 2,950 acres and significant progress in its plans to generate cashflow from its agricultural assets, further advancing its strategic transformation from traditional citrus operations to a diversified land company. The Company closed on the sale of a large citrus grove in Hendry County representing approximately 2,950 acres for $26.8 million in gross proceeds, marking another milestone in its land monetization strategy. Combined with previously announced transactions completed in early fiscal year 2026, inc
Diversified Land Company Strategy Proceeding as Expected: Company Completes Final Major Citrus Operations Development Projects Advance Through Entitlement Process with Corkscrew Grove Decision Expected in 2026 Net loss attributable to Alico, Inc. common stockholders fiscal year ended September 30, 2025 of $147.3 million, Adjusted EBITDA of $22.5 million, Exceeding $20 Million Guidance Land Sales of $23.8 million, Exceeding $20 Million Guidance Strong Cash Generation Delivers $38.1 Million Cash and cash equivalents with total debt of $85.5 million, resulting in $47.4 million of Net Debt, Outperforming Balance Sheet Targets Company Ends Fiscal Year 2025 with Enough Cash to Meet Expected O
FORT MYERS, Fla., Nov. 11, 2025 (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, 2025, on Monday, November 24, 2025 after market close. The Company will host a conference call to discuss its financial results on Tuesday, November 25, 2025, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-245-3047 in the United States and 1-203-518-9765 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Tuesday, November 25, 2025 a
FORT MYERS, Fla., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Alico Inc., ("Alico" or the "Company") (NASDAQ:ALCO) a Southwest Florida-based agribusiness and land management company with over 125 years of experience, has announced a strategic partnership with the Florida Department of Transportation ("FDOT") and its construction contractor to design and construct a wildlife underpass as part of a planned expansion of State Road 82 to four lanes in Collier County. The wildlife underpass will align with a proposed wildlife corridor connected to the Corkscrew Grove Villages project in eastern Collier County. Alico has committed approximately $5 million toward design and construction costs related to t
FORT MYERS, Fla., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or "the Company") (NASDAQ:ALCO) today announced that effective September 29, 2025, it has amended its Credit Agreement (the "Amendment") with MetLife Investment Management, LLC for each of Metropolitan Life Insurance Company and New England Life Insurance Company (collectively "MetLife"), which, among other things, provides for $10 million of additional fixed rate borrowings. The proceeds of these borrowings were used to retire all of the Company's existing indebtedness with Prudential Mortgage Capital Company, LLC ("Prudential"). John Kiernan, President and Chief Executive Officer of the Company, stated, "This refin
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