Alico, Inc. - Common Stock (ALCO)
Frequently Asked Questions About Alico, Inc. - Common Stock (ALCO)
Does Alico, Inc. pay dividends?
As of the most recent reports, Alico, Inc. has a history of paying dividends to its shareholders, although dividend amounts can vary based on the company's financial performance and cash flow needs. Investors looking for income through dividends should review the company’s past dividend history and any announcements made during earnings calls.
How can I invest in Alico, Inc.?
You can invest in Alico, Inc. by purchasing shares through a stock brokerage account. Since the company is listed on the Nasdaq under the ticker symbol 'ALCO', you can buy shares just like any other publicly traded company. It's advisable to conduct thorough research or consult with a financial advisor before making investment decisions.
How does Alico, Inc. contribute to sustainability?
Alico, Inc. is committed to sustainable agricultural practices, incorporating methods that reduce environmental impact while maximizing productivity. This includes using precision agriculture technologies, implementing water conservation practices, and engaging in responsible land management to ensure the health of ecosystems surrounding their groves.
How does Alico, Inc. handle pest management?
Alico, Inc. employs integrated pest management (IPM) strategies to handle pest issues sustainably. This approach combines biological control, cultural practices, and chemical treatments when necessary, with a focus on minimizing environmental impact while ensuring the health of citrus crops.
How does Alico, Inc. support local communities?
Alico, Inc. actively supports local communities through initiatives such as creating jobs, participating in local economic development, and engaging in philanthropic activities. The company aims to foster positive relationships with local stakeholders and contribute to the overall well-being of the communities in which it operates.
What are Alico, Inc.'s financial highlights?
Alico, Inc. regularly reports its financial performance through quarterly earnings releases. Key financial highlights include revenue from citrus sales, net income, EBIT, and operational efficiency metrics. Investors can access detailed financial statements and reports on their investor relations website to analyze performance over time.
What are the future growth prospects for Alico, Inc.?
Future growth prospects for Alico, Inc. may include expanding its citrus operations, investing in innovative farming techniques, and exploring new markets for its products. Additionally, the company may consider diversifying its agricultural portfolio to reduce risk and enhance revenue opportunities amidst changing market conditions.
What are the risks specific to the citrus industry affecting Alico, Inc.?
The citrus industry faces risks such as climate change, pests, and diseases like citrus greening, which can severely impact crop yields and quality. Market volatility and competition are also significant risks, as shifts in consumer preferences can influence demand for citrus products, affecting financial performance and operational planning for companies like Alico.
What challenges does Alico, Inc. face?
Alico, Inc. faces several challenges, including weather-related risks such as hurricanes or drought, pest and disease management in citrus crops, fluctuating market prices for oranges, and the ongoing effects of citrus greening disease, which can significantly impact yields and overall profitability.
What does Alico, Inc. do?
Alico, Inc. is an agricultural company primarily engaged in the cultivation of citrus groves and the production of orange juice. The company is involved in the growing and harvesting of various citrus fruits, focusing on high-quality production to supply both fresh fruit markets and juice processing operations. Alico also engages in land management and real estate activities related to their agricultural operations.
What is the mission of Alico, Inc.?
The mission of Alico, Inc. is to be a leader in the agricultural industry by consistently producing high-quality citrus while maintaining sustainable practices that benefit the environment and local communities. The company aims to create long-term value for its shareholders through responsible and efficient agricultural operations.
What is the primary crop grown by Alico, Inc.?
The primary crop grown by Alico, Inc. is citrus, specifically oranges. The company focuses on producing citrus fruits for both the fresh fruit market and processing into juice, capitalizing on Florida's optimal climate for citrus cultivation.
What is the size of Alico, Inc.'s operations?
Alico, Inc. operates approximately 14,000 acres of land dedicated to citrus cultivation, making it one of the largest producers in Florida. This extensive operation allows the company to scale production effectively and meet market demand for high-quality citrus.
What is the symbol for Alico, Inc. on the stock market?
Alico, Inc. is publicly traded on the Nasdaq stock exchange under the ticker symbol 'ALCO'. Investors can buy and sell shares of the company through this symbol.
What role does technology play in Alico, Inc.'s operations?
Technology plays a crucial role in Alico, Inc.'s operations, particularly in precision agriculture. The company utilizes data analytics, satellite imagery, and sensor technologies to monitor crop health, optimize irrigation, manage inputs more efficiently, and improve overall productivity in their citrus groves.
When was Alico, Inc. founded?
Alico, Inc. was founded in 1960 and has a long history in the agricultural sector, particularly in Florida’s citrus industry. Over the years, the company has expanded its operations and invested in technology and improvements to enhance productivity and sustainability in their farming practices.
Where is Alico, Inc. located?
The headquarters of Alico, Inc. is located in Fort Myers, Florida. The company operates extensive citrus groves across the state, making it one of the significant producers of citrus in the region.
Who are the key executives at Alico, Inc.?
The key executives at Alico, Inc. include the CEO, CFO, and other members of their management team who drive the company's strategic direction and operations. Information about the executives and their backgrounds can typically be found on the company’s website under the 'Management' or 'Corporate Governance' sections.
Who are the major competitors of Alico, Inc.?
Major competitors of Alico, Inc. include other large citrus growers and producers in Florida, such as Florida's Natural Growers and Cutrale, as well as international competitors from countries like Brazil and Spain. Each of these companies also faces similar challenges in the agriculture sector and works to capture market share in the citrus industry.
What is the current price of Alico, Inc. - Common Stock?
The current price of Alico, Inc. - Common Stock is 29.93
When was Alico, Inc. - Common Stock last traded?
The last trade of Alico, Inc. - Common Stock was at 4:00 pm EDT on April 3rd, 2025
What is the market capitalization of Alico, Inc. - Common Stock?
The market capitalization of Alico, Inc. - Common Stock is 227.78M
How many shares of Alico, Inc. - Common Stock are outstanding?
Alico, Inc. - Common Stock has 7.61M shares outstanding.