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Alico

28.76

+0.18500.65%

Volume:12.83K

Turnover:367.61K

Market Cap:219.62M

PE:-4.85

High:28.85

Open:28.53

Low:28.45

Close:28.57

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Overview Company News Filings

Alico Inc reports results for the quarter ended December 31 - Earnings Summary

Alico: Fiscal Q1 Earnings Snapshot

Associated Press Finance

Alico Q1 EPS $(1.20) Misses $(0.93) Estimate, Sales $16.89M Beat $10.40M Estimate

Alico Inc: Qtrly Loss per Share $1.20

THOMSON REUTERS

Mission Produce Falls Below 50 & 200-Day SMAs: Is It Still a Buy?

Alico Inc expected to post a loss of 93 cents a share - Earnings Preview

Alico, Inc. to Announce First Quarter 2025 Financial Results on Wednesday, February 12, 2025

Alico, Inc. to Participate at Inaugural LD Micro Summit

Alico, Inc. to Present at The Microcap Conference 2025

Sidoti Events, LLC's Virtual January Micro-Cap Conference

ACCESS Newswire

Alico, Inc. to Present at Sidoti Micro-Cap Virtual Conference

Zacks Industry Outlook Archer Daniels, Adecoagro, Mission Produce, Calavo Growers and Alico

5 Prominent Agriculture Operations Stocks Navigating Market Challenges

Major Florida grower to end citrus operations after years of hurricanes and tree disease

Associated Press Finance

Roth MKM Sticks to Their Buy Rating for Alico (ALCO)

Alico, Inc. to Present at 27th Annual ICR Conference

Tropicana Supplier Alico Cuts Citrus Operations As Greening Disease Bites, Eyes Growth In Real Estate; Stock Jumps

Sector Update: Consumer Stocks Higher Pre-Bell Monday

MT Newswires Live

Tropicana Supplier Alico to Shut Citrus Unit as Industry Suffers

Alico to Wind Down Citrus Operations, Focus on Diversified Real Estate Investments

MT Newswires Live

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MYERS, Fla.  — FT. MYERS, Fla.  — AliCo.  on Wednesday reported a fiscal first-quarter loss of $9.2 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 $1.20. Losses, adjusted for stock option expense, were $1.19 per share.The agribusiness and land management company posted revenue of $16.9 million in the period.Alico shares have increased 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $30.15, a drop of 0.5% in the last 12 months.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/alico-fiscal-q1-earnings-snapshot-215403954.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":["ALCO"],"gpt_icon":0},{"id":"2511385795","title":"Alico Q1 EPS $(1.20) Misses $(0.93) Estimate, Sales $16.89M Beat $10.40M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2511385795","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511385795?lang=en_us&edition=fundamental","pubTime":"2025-02-13 05:26","pubTimestamp":1739395610,"startTime":"0","endTime":"0","summary":"Alico (NASDAQ:ALCO) reported quarterly losses of $(1.20) per share which missed the analyst consensus estimate of $(0.93) by 29.03 percent. This is a 69.01 percent decrease over losses of $(0.71) per share from the same","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/02/43675816/alico-q1-eps-1-20-misses-0-93-estimate-sales-16-89m-beat-10-40m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Alico Q1 EPS $(1.20) Misses $(0.93) Estimate, Sales $16.89M Beat $10.40M Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALCO"],"gpt_icon":0},{"id":"2511580360","title":"Alico Inc: Qtrly Loss per Share $1.20","url":"https://stock-news.laohu8.com/highlight/detail?id=2511580360","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511580360?lang=en_us&edition=fundamental","pubTime":"2025-02-13 05:12","pubTimestamp":1739394779,"startTime":"0","endTime":"0","summary":null,"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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250212:nFWN3P31SU:2","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":"reuters_en_live","symbols":["ALCO","BK4189"],"gpt_icon":0},{"id":"2511302869","title":"Mission Produce Falls Below 50 & 200-Day SMAs: Is It Still a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2511302869","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511302869?lang=en_us&edition=fundamental","pubTime":"2025-02-12 23:26","pubTimestamp":1739373960,"startTime":"0","endTime":"0","summary":"Mission Produce Stock Trades Below 50 & 200-Day Moving Averages. Shares of the Oxnard, CA-based company have lost 13.4% in the past three months, underperforming its industry peer’s collective decline of 4.3% and the broader Consumer Staples sector’s dip of 3.3%. The AVO stock compared unfavorably against the S&P 500 Index’s growth of 1.7% in the same period.Mission Produce’s performance is notably weaker than its competitors. The stock’s decline is wider than Archer Daniels’ ADM fall of 10.4% in the past three months. AVO’s performance also reflects a stark contrast with Corteva CTVA and Alico ALCO, which have rallied 9.2% and 18.6%, respectively.At the current share price of $11.74, Mission Produce reflects a 23% premium to its 52-week low mark of $9.54. Meanwhile, the stock price reflects a 23% discount from its 52-week high of $107.43.Despite a recent share price dip, Mission Produce has sustained strong growth, posting a 15.7% increase in the past year. Key drivers include rising ","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/mission-produce-falls-below-50-152600076.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU2211817866.USD","LU0345781412.USD","LU0630314457.HKD","BK4588","BK4535","LU0345780950.USD","LU0471298777.SGD","BK4585","BK4597","ADM","LU1506573853.SGD","LU1571399168.USD","LU0385154629.USD","ALCO","CTVA","AVO","BK4212","BK4189","BK4093"],"gpt_icon":0},{"id":"2510890079","title":"Alico Inc  expected to post a loss of 93 cents a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2510890079","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510890079?lang=en_us&edition=fundamental","pubTime":"2025-02-11 05:17","pubTimestamp":1739222226,"startTime":"0","endTime":"0","summary":"Alico Inc  expected to post a loss of93cents a share - Earnings Preview Alico Inc ALCO.OQ ALCO.O is expected to show a fall in quarterly revenue when it reports  results on February 12 for the period ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250210:nL8N3P127B:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALCO"],"gpt_icon":0},{"id":"2507355726","title":"Alico, Inc. to Announce First Quarter 2025 Financial Results on Wednesday, February 12, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2507355726","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507355726?lang=en_us&edition=fundamental","pubTime":"2025-01-29 21:30","pubTimestamp":1738157400,"startTime":"0","endTime":"0","summary":"FORT MYERS, Fla., Jan. 29, 2025  -- Alico, Inc.   today announced that the Company will release financial results for the first quarter ended December 31, 2024, on Wednesday, February 12, 2025 after market close.The Company will host a conference call to discuss its financial results on Thursday, February 13, 2025, 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.Alico, Inc. currently operates two divisions: Alico Citrus, currently one of the nation’s largest citrus producers, and Land Management and Other Operations, which include land leasing and related support operations. While Alico Citrus will cease operations after the 2024/2025 harvest due to environmental and financial challenges, Alico remains committed to Florida’s agriculture industry, and will focus on its long-term diversified land ","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/alico-inc-announce-first-quarter-133000906.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":["ALCO","BK4189"],"gpt_icon":0},{"id":"2506515750","title":"Alico, Inc. to Participate at Inaugural LD Micro Summit","url":"https://stock-news.laohu8.com/highlight/detail?id=2506515750","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506515750?lang=en_us&edition=fundamental","pubTime":"2025-01-28 21:30","pubTimestamp":1738071000,"startTime":"0","endTime":"0","summary":"FORT MYERS, Fla., Jan. 28, 2025  -- Alico, Inc.   today announced that John Kiernan, the Company’s President and Chief Executive Officer, will host one-on-one meetings with investors at the inaugural LD Micro Summit, a private, invite-only event designed to showcase a hand-picked group of dynamic companies. The conference will take place on Monday, February 3rd and Tuesday, February 4th, 2025 in Fort Lauderdale, FL. To register for the conference or one-on-one meeting, visit here.Alico, Inc. currently operates two divisions: Alico Citrus, currently one of the nation’s largest citrus producers, and Land Management and Other Operations, which include land leasing and related support operations. While Alico Citrus will cease operations after the 2024/2025 harvest due to environmental and financial challenges, Alico remains committed to Florida’s agriculture industry, and will focus on its long-term diversified land usage and real estate development strategy. Learn more about Alico  at www","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/alico-inc-participate-inaugural-ld-133000782.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":["BK4211","LD","SMMF","BK4189","ALCO"],"gpt_icon":0},{"id":"2506372795","title":"Alico, Inc. to Present at The Microcap Conference 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2506372795","media":"GlobeNewswire","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506372795?lang=en_us&edition=fundamental","pubTime":"2025-01-27 21:30","pubTimestamp":1737984600,"startTime":"0","endTime":"0","summary":"FORT MYERS, Fla., Jan. 27, 2025  -- Alico, Inc.   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 Microcap Conference 2025, the premier event for growth-focused companies and investors. The conference will take place on Thursday, January 30th, 2025 in Atlantic City, NJ.Alico, Inc. currently operates two divisions: Alico Citrus, currently one of the nation’s largest citrus producers, and Land Management and Other Operations, which include land leasing and related support operations. While Alico Citrus will cease operations after the 2024/2025 harvest due to environmental and financial challenges, Alico remains committed to Florida’s agriculture industry, and will focus on its long-term diversified land usage and real estate development strategy. Learn more about Alico  at www.alicoinc.com.The Microcap Conference is the largest independent microcap event in the U.S., bringing together ","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/alico-inc-present-microcap-conference-133000935.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ALCO","BK4189"],"gpt_icon":0},{"id":"2505275462","title":"Sidoti Events, LLC's Virtual January Micro-Cap Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2505275462","media":"ACCESS Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505275462?lang=en_us&edition=fundamental","pubTime":"2025-01-21 22:00","pubTimestamp":1737468000,"startTime":"0","endTime":"0","summary":"About Sidoti Events, LLC  and Sidoti & Company, LLC In 2023, Sidoti & Company, LLC  formed an affiliate company, Sidoti Events, LLC in order to focus exclusively on its rapidly growing conference business and to more directly serve the needs of presenters and attendees. The relationship allows Events to draw on the 25 years of experience Sidoti has as a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $200 million-$5 billion market cap range. Sidoti's coverage universe comprises approximately 150 equities of which greater than 60 percent participate in the firm's rapidly growing Company Sponsored Research  program. In 2024, Sidoti established Lighthouse Equity Research as an extension of its CSR program to meet the specific needs of companies not valued using traditional metrics or that face challenges obtaining coverage due to political risks o","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/sidoti-events-llcs-virtual-january-140000300.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":["BK4204","REE","BHR","BK4086","FLXS","ABLLW","RECT","BK4139","RZLV","BK4218","SBC","ABL","CBUS","APOG","GOCO","DGHI","BK4143","FET","LCFYW","BK4595","BK4164","DHX","FPAY","KFS","SOLR","NNBR","AHT","LCFY","BK4161","MHGU","BK4023","BK4077","FTK","BTM","BK4600","HBIO","BK4124","BK4173","SCWO","BK4209","HOFT","BK4121","BK4182","BK4181","AMST","BK4189","OB","BK4095","RZLVW","BK4179","ALCO","BK4539","ABLLL","BK4107","SBCWW"],"gpt_icon":0},{"id":"2505273400","title":"Alico, Inc. to Present at Sidoti Micro-Cap Virtual Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2505273400","media":"GlobeNewswire","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505273400?lang=en_us&edition=fundamental","pubTime":"2025-01-21 21:30","pubTimestamp":1737466200,"startTime":"0","endTime":"0","summary":"FORT MYERS, Fla., Jan.  21, 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","market":"hk","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://www.globenewswire.com/news-release/2025/01/21/3012689/8911/en/Alico-Inc-to-Present-at-Sidoti-Micro-Cap-Virtual-Conference.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALCO","BK4189"],"gpt_icon":0},{"id":"2505493932","title":"Zacks Industry Outlook Archer Daniels, Adecoagro, Mission Produce, Calavo Growers and Alico","url":"https://stock-news.laohu8.com/highlight/detail?id=2505493932","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505493932?lang=en_us&edition=fundamental","pubTime":"2025-01-21 15:45","pubTimestamp":1737445500,"startTime":"0","endTime":"0","summary":"Chicago, IL – January 21, 2025 – Today, Zacks Equity Research Equity are Archer Daniels Midland ADM, Adecoagro AGRO, Mission Produce AVO, Calavo Growers CVGW and Alico ALCO.The Zacks Agriculture – Operations industry faces challenges such as fluctuating commodity prices, rising input costs, trade uncertainties and growing operational expenses. These pressures affect productivity, profitability and long-term sustainability, posing hurdles for industry participants.The Zacks Agriculture – Operations industry comprises companies that produce or procure, transport, store, process and distribute agricultural commodities to consumers. It also distributes ingredients to other parts of the agriculture industry . Some industry players engage in dairy operations, land transformation activities and the development of food ingredients using gene-editing technology.Elevated Costs: Agricultural companies face rising costs due to fluctuating commodity prices, inflation-driven input increases and trad","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/zacks-industry-outlook-archer-daniels-074500607.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":["BK4597","SSO","SH","VOO","BK4559","LU0471298777.SGD","BK4189","AGRO","SPXU","CVGW","OEF","ESmain","SPY","AVO","BK4588","UPRO","ALCO","SDS","LU0385154629.USD","ADM",".SPX","LU1571399168.USD","OEX","BK4581","IVV","BK4212","BK4504","BK4550","BK4534","LU2211817866.USD","BK4585"],"gpt_icon":0},{"id":"2504608791","title":"5 Prominent Agriculture Operations Stocks Navigating Market Challenges","url":"https://stock-news.laohu8.com/highlight/detail?id=2504608791","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504608791?lang=en_us&edition=fundamental","pubTime":"2025-01-17 21:57","pubTimestamp":1737122220,"startTime":"0","endTime":"0","summary":"The Zacks Agriculture – Operations industry comprises companies that produce or procure, transport, store, process and distribute agricultural commodities to consumers. It also distributes ingredients to other parts of the agriculture industry . Some industry players engage in dairy operations, land transformation activities and the development of food ingredients using gene-editing technology. The industry encompasses production activities related to the traditional farming of crops , and livestock and poultry products . The products are mainly sold at grocery stores or exported overseas. These are also used as feedstock for other industries. For example, cotton is used in the clothing industry and corn is used in the ethanol industry.Factors Shaping the Future of Agriculture - Operations Industry","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/5-prominent-agriculture-operations-stocks-135700214.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":["LU0385154629.USD","LU2211817866.USD","BK4585","CVGW","AGRO","BK4597","ADM","ALCO","LU1571399168.USD","BK4588","AVO","BK4212","BK4189","LU0471298777.SGD"],"gpt_icon":0},{"id":"2501782036","title":"Major Florida grower to end citrus operations after years of hurricanes and tree disease","url":"https://stock-news.laohu8.com/highlight/detail?id=2501782036","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501782036?lang=en_us&edition=fundamental","pubTime":"2025-01-08 00:48","pubTimestamp":1736268510,"startTime":"0","endTime":"0","summary":"ORLANDO, Fla.  — 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  will be managed by third-party caretakers for another season through 2026.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. About a quarter of its land holdings will now be slotted for potentially developing commercial or residential projects in the near and long term future, the company said in a news release.The company said its citrus production had declined by 73% over the past decade. The impact of Hurricanes Irma in 2017,Ian in 2022 and Milton in 2024 on trees already weakened from years of citrus greening disease \"has led Alic","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-end-citrus-164830844.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ALCO","BK4189","AP","BK4006"],"gpt_icon":0},{"id":"2501783709","title":"Roth MKM Sticks to Their Buy Rating for Alico (ALCO)","url":"https://stock-news.laohu8.com/highlight/detail?id=2501783709","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501783709?lang=en_us&edition=fundamental","pubTime":"2025-01-07 23:15","pubTimestamp":1736262926,"startTime":"0","endTime":"0","summary":"In a report released today, Gerry Sweeney from Roth MKM maintained a Buy rating on Alico (ALCO – Research Report), with a price target of $35.00. T...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/roth-mkm-sticks-to-their-buy-rating-for-alico-alco?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/roth-mkm-sticks-to-their-buy-rating-for-alico-alco?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ALCO"],"gpt_icon":0},{"id":"2501201486","title":"Alico, Inc. to Present at 27th Annual ICR Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2501201486","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501201486?lang=en_us&edition=fundamental","pubTime":"2025-01-07 21:30","pubTimestamp":1736256600,"startTime":"0","endTime":"0","summary":"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","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://www.globenewswire.com/news-release/2025/01/07/3005423/8911/en/Alico-Inc-to-Present-at-27th-Annual-ICR-Conference.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":null,"symbols":["BK4189","ALCO"],"gpt_icon":0},{"id":"2501885263","title":"Tropicana Supplier Alico Cuts Citrus Operations As Greening Disease Bites, Eyes Growth In Real Estate; Stock Jumps","url":"https://stock-news.laohu8.com/highlight/detail?id=2501885263","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501885263?lang=en_us&edition=fundamental","pubTime":"2025-01-07 01:09","pubTimestamp":1736183363,"startTime":"0","endTime":"0","summary":"Alico, Inc.  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.Alicoexpects that approximately 3,460 citrus acres will be managed by third-party caretakers for another season through 2026.Alico owns approximately 53,371 acres of land across eight counties in Florida and approximately 48,700 acres of oil, gas, and mineral rights in the state.Alico also expects to entitle certain parcels of its land for commercial and residential development.The challenges faced by the citrus industry, particularly citrus greening disease, played a significant role in the company’s decision to wind down its Alico Citrus division.“Our citrus","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/tropicana-supplier-alico-cuts-citrus-170923867.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4189","ALCO"],"gpt_icon":0},{"id":"2501023728","title":"Sector Update: Consumer Stocks Higher Pre-Bell Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=2501023728","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501023728?lang=en_us&edition=fundamental","pubTime":"2025-01-06 22:13","pubTimestamp":1736172797,"startTime":"0","endTime":"0","summary":"Consumer stocks were higher pre-bell Monday with the Consumer Staples Select Sector SPDR Fund  up 0.3% and the Consumer Discretionary Select Sector SPDR Fund  up 1.1%.Smart Share Global  shares rallied by 45% after the company said its board has received a preliminary non-binding proposal from Trustar Mobile Charging and affiliates to acquire all remaining shares of the company that they do not yet own.Walt Disney  and streaming provider FuboTV  are nearing an agreement to combine their online live TV businesses, Bloomberg reported, citing sources familiar with the discussions. FuboTV shares surged past 220% pre-bell.Alico  shares were up 14% after the company said it is closing its Alico Citrus division to shift its focus to diversified land usage and real estate development.","market":"fut","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://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4108","LU0061475181.USD","LU0208291251.USD","BK4189","FUBO","SG9999015945.SGD","LU0320765489.SGD","LU1894683264.USD","BK4551","BK4524","LU0029864427.USD","BK4585","BK4077","BK4550","LU1280957306.USD","BK4581","BK4507","BK4588","BK4539","LU0128525929.USD","SG9999015978.USD","XLP","ALCO","BK4534","LU0011850046.USD","BK4598","LU0640476718.USD","LU1267930573.SGD","LU1894683348.USD","SG9999015986.USD","XLY","SG9999015952.SGD","GB00BDT5M118.USD","BK4532","BK4554","LU0070302665.USD","BK4561","BK4076","LU0708994859.HKD","LU0310800379.SGD","LU0786609619.USD","EM","BK4505","DIS"],"gpt_icon":0},{"id":"2501034232","title":"Tropicana Supplier Alico to Shut Citrus Unit as Industry Suffers","url":"https://stock-news.laohu8.com/highlight/detail?id=2501034232","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501034232?lang=en_us&edition=fundamental","pubTime":"2025-01-06 21:32","pubTimestamp":1736170369,"startTime":"0","endTime":"0","summary":" -- 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.The Florida-based company won’t invest further in its citrus operations after the current crop is harvested in 2025, and instead will transform into a diversified land company, Alico said in a Monday statement.Shares of Alico were up as much as 14% in early trading.The shift comes as Florida’s citrus industry has struggled for decades from a devastating disease called greening, while hurricanes have brought continual damage to orange groves. Alico said its citrus production has declined more than 70% over the past 10 years.“The impact of Hurricanes Irma in 2017, Ian in 2022 and Milton in 2024 on our trees, already weakened from years of citrus greening disease, has led Alico to conclude that growing citrus is no longer economically viable for us in Florida,” Chief Executive Officer John Kiernan","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/tropicana-supplier-alico-shut-citrus-133249505.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ALCO","BK4189"],"gpt_icon":0},{"id":"2501200239","title":"Alico to Wind Down Citrus Operations, Focus on Diversified Real Estate Investments","url":"https://stock-news.laohu8.com/highlight/detail?id=2501200239","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501200239?lang=en_us&edition=fundamental","pubTime":"2025-01-06 21:10","pubTimestamp":1736169048,"startTime":"0","endTime":"0","summary":"Alico  said Monday it is closing its Alico Citrus division to shift its focus to diversified land usage and real estate development.The company said the unit will cease operations after the 2024/2025 harvest due to \"environmental and financial challenges.\"Alico also said it expects to see positive cash flow for the rest of the fiscal year, and that its cash reserves at the end of fiscal 2025 will be enough to cover operating expenses for at least two additional years without more land sales.The company estimates that approximately 75% of its current land holdings are likely to remain focused on agriculture \"for the foreseeable future.\" It added it expects approximately 25% of its land holdings have potential for commercial and residential development, and that its current landholdings are worth approximately $650 million to $750 million.Shares of Alico were up 8% in recent Monday premarket 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