Alico, Inc. (ALCO)
Alico, Inc. operates in the Agricultural Farm Products industry of the Consumer Defensive sector, headquartered in Fort Myers, FL, US. The stock last traded at $42.31, up 2.21% on the session, giving a market capitalisation of $313.8M. On trailing twelve-month figures it carries a trailing P/E of 201.50, a net margin of 9.0%. Its beta of 0.94 implies it has historically moved less than the broad market.
Alico, Inc., along with its affiliated entities, functions as a prominent agribusiness and land management enterprise primarily within the United States. The company's operations are strategically divided into two core segments: Alico Citrus, and Land Management and Other Operations. The Alico Citrus division is dedicated to the cultivation of citrus trees, supplying fruit for both the fresh produce market and various processed citrus products. Meanwhile, the Land Management and Other Operations segment is responsible for the ownership and oversight of extensive land holdings in Collier, Glades, and Hendry Counties. This segment also generates income by leasing its properties for diverse purposes, including recreational activities, livestock grazing, conservation efforts, and mining ventures. As of September 30, 2021, Alico controlled a substantial portfolio of 83,000 acres situated across eight Florida counties: Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, and Polk. The company was established in 1960 and its corporate headquarters are located in Fort Myers, Florida.
Alico, Inc. is most often compared with the following Consumer Defensive names: