Alico

28.76

+0.18500.65%

Volume:12.82K

Turnover:367.38K

Market Cap:219.62M

PE:-4.85

High:28.85

Open:28.53

Low:28.45

Close:28.57

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News

Major Florida grower plans to build new community after ending citrus operations

Associated Press Finance

·

16 Apr

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Each village will have about 4,500 homes and will be integrated with 6,000 acres  of protected conservation land, the company said.The Fort Myers-based company owns 53,371 acres  across eight counties in Florida and 48,700 acres  of oil, gas and mineral rights in the state. In announcing its decision to end citrus operations last January, the company said its production has declined by almost three-quarters in a decade.Alico's woes are part of the larger struggle faced by Florida's citrus industry.Citrus groves, which covered more than 832,00 acres  in Florida at the turn of the century, populated scarcely 275,000 ac","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/major-florida-grower-plans-build-150001309.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4006","ALCO","BK4189","AP"],"gpt_icon":0},{"id":"2526728561","title":"The past three years for Alico (NASDAQ:ALCO) investors has not been profitable","url":"https://stock-news.laohu8.com/highlight/detail?id=2526728561","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526728561?lang=en_us&edition=fundamental","pubTime":"2025-04-10 20:11","pubTimestamp":1744287076,"startTime":"0","endTime":"0","summary":"In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. 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Management will also host one-on-one meetings with investors on Thursday, April 24th, 2025. To register for the conference or one-on-one meeting, visit here.Planet MicroCap is a global multimedia financial news, publishing and events company for the MicroCap investing community. 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