Alico, Inc. (ALCO)

In the past six months, Alico's stock has trended upwards by 27.02%. Key events include the company's strategic transformation and recent financial results. Alico announced its Q1 2026 financial results on February 4, 2026, reporting a net loss of $3.5 million and positive EBITDA of $2.4 million. Revenue for Q1 2026 was $1.9 million, and the company reported $7.7 million in land sales during the first quarter. Alico also achieved 97% utilization of its farmable agricultural acreage through new lease agreements. A significant freeze event in Florida also occurred over the past weekend.

Historically, Alico's business has been seasonal, with the majority of its citrus crop typically harvested in the second and third fiscal quarters. However, with the ongoing strategic transformation and the winding down of its capital-intensive citrus operations, these traditional seasonal patterns are expected to diminish. The company's shift towards diversified land management and real estate development is likely to alter its demand seasonality profile in the future.

Alico, Inc. is an agribusiness and land management company based in Florida, operating in the Consumer Defensive sector. Historically focused on citrus, particularly Hamlin and Valencia oranges, Alico is transitioning to a diversified land company due to challenges like citrus greening. The company's segments now include Alico Citrus (being wound down) and Land Management, which encompasses leasing, farming, grazing, hunting, and real estate development projects.

Alico, Inc. primarily operates in Florida, owning approximately 51,300 acres of land and 46,900 acres of mineral rights throughout the state. Its citrus groves have been located in seven Florida counties, and its land holdings are spread across eight Florida counties.

Alico, Inc. maintains a commitment to responsible land stewardship and conservation. The company's reputation has been shaped by its strategic transformation to a diversified land company, which involves winding down its citrus operations while maintaining a commitment to the Florida agriculture industry through diversified farming operations and land management. Alico has also historically transferred lands for preservation, contributing to areas like the Corkscrew Regional Ecosystem Watershed (CREW) and the Florida Wildlife Corridor. In January 2024, Alico received funding to address citrus greening.

Alico, Inc. is owned by a mix of institutional and individual shareholders. Institutional shareholders hold 58.50% of the company, while Alico insiders hold 730.13%. Major institutional owners include Gate City Capital Management, Llc, BlackRock, Inc., Dimensional Fund Advisors Lp, Vanguard Group Inc, Pacific Ridge Capital Partners, LLC, CM Management, LLC, IWM - iShares Russell 2000 ETF, Morgan Stanley, State Street Corp, and Geode Capital Management, Llc. George R. Brokaw is the largest individual/insider owner, holding 16.69 million shares, representing 217.95% of the company.