Alico, Inc. primarily operates two divisions: Alico Citrus, one of the nation's largest citrus producers, and Land Management and Other Operations, which includes environmental services, land leasing and related support operations.

Company profile
Ticker
ALCO
Exchange
Website
CEO
John E. Kiernan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ALICO INC
SEC CIK
Corporate docs
Subsidiaries
Alico Land Development, Inc. • Alico Fruit Company, LLC • Alico-Agri, LTD. • Alico Plant World LLC • Alico Citrus Nursery, LLC • 734 Citrus Holdings, LLC • 734 LMC Groves, LLC • 734 BLP Groves, LLC • 734 CO-OP Groves LLC • 734 Harvest LLC ...
IRS number
590906081
ALCO stock data
News
Calendar
8 May 22
26 Jun 22
30 Sep 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 21 | Sep 20 | Sep 19 | Sep 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 26.18M | 26.18M | 26.18M | 26.18M | 26.18M | 26.18M |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) | 27K |
Cash used (since last report) | n/a | n/a | n/a | n/a | n/a | 77.47K |
Cash remaining | n/a | n/a | n/a | n/a | n/a | 26.1M |
Runway (months of cash) | n/a | n/a | n/a | n/a | n/a | 966.6 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 May 22 | James Sampel | Alico, Inc., Common Stock, Par Value $1.00 | Sell | Dispose S | No | No | 42 | 3,000 | 126K | 991 |
24 May 22 | James Sampel | Alico, Inc., Common Stock, Par Value $1.00 | Option exercise | Acquire M | No | No | 33.96 | 3,000 | 101.88K | 3,991 |
24 May 22 | James Sampel | Employee stock option Common Stock | Option exercise | Dispose M | No | No | 33.96 | 3,000 | 101.88K | 9,000 |
18 May 22 | John E Kiernan | Alico, Inc., Common Stock, Par Value $1.00 | Grant | Acquire A | No | No | 0 | 12,500 | 0 | 36,579 |
13 Apr 22 | Richard Rallo | Alico, Inc., Common Stock, Par Value $1.00 | Option exercise | Acquire M | No | No | 33.96 | 3,000 | 101.88K | 9,293 |
13 Apr 22 | Richard Rallo | Employee stock option Common Stock | Option exercise | Dispose M | No | No | 33.96 | 3,000 | 101.88K | 24,000 |
1 Apr 22 | Brokaw George R | Alico, Inc., Common Stock, Par Value $1.00 | Grant | Acquire A | No | No | 37.98 | 494 | 18.76K | 258,968 |
1 Apr 22 | Eisner R. Gregory | Alico, Inc., Common Stock, Par Value $1.00 | Grant | Acquire A | No | No | 37.98 | 494 | 18.76K | 28,867 |
Institutional ownership, Q1 2022
39.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 79 |
Opened positions | 18 |
Closed positions | 10 |
Increased positions | 34 |
Reduced positions | 14 |
13F shares | Current |
---|---|
Total value | 112.93M |
Total shares | 3M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 352.85K | $13.25M |
Vanguard | 271.08K | $10.18M |
Pacific Ridge Capital Partners | 203.66K | $7.65M |
CM Management | 180K | $6.76M |
Deprince Race & Zollo | 159.03K | $5.97M |
Uniplan Investment Counsel | 142.4K | $5.35M |
BLK Blackrock | 132.7K | $4.99M |
Oak Family Advisors | 126.49K | $4.75M |
Towerview | 92.5K | $3.47M |
BK Bank Of New York Mellon | 78.78K | $2.96M |
Financial report summary
?Risks
- Our business operations could be significantly harmed by natural disasters or global epidemics.
- Adverse weather conditions, natural disasters and other natural conditions, including the effects of climate change, could impose significant costs and losses on our business.
- Our citrus groves are geographically concentrated in Florida and the effects of adverse weather conditions including hurricanes and tropical storms could adversely affect our results of operations, financial position and cash flows.
- A significant portion of our revenues are derived from our citrus business and any adverse event affecting such business could disproportionately harm our business.
- Our failure to effectively perform grove management functions or to effectively manage an expanded portfolio of groves could materially and adversely affect our business, financial condition, and results of operations.
- Our business is highly competitive and we cannot assure you that we will maintain our current market share.
- We depend on our relationship with Tropicana and Tropicana’s relationship with certain third parties for a significant portion of our business. Any disruption in these relationships could harm our revenue. Additionally, if certain criteria are not met under one of our contracts with Tropicana, we could experience a significant reduction in revenues and cash flows.
- With the sale of a majority of ownership of Tropicana to a French private equity firm, there is some heightened risk and uncertainty in our current relationship with Tropicana, which potentially could result in a significant reduction in revenues and cash flows if that relationship were to be changed as a result.
- Our agricultural products are subject to supply and demand pricing which is not predictable.
- We are subject to the risk of product contamination and product liability claims.
- Our agricultural operations are subject to water use regulations restricting our access to water.
- Changes in immigration laws could impact our ability to harvest our crops.
- If a transaction intended to qualify as a Section 1031 Exchange is later determined to be taxable, we may face adverse consequences, and if the laws applicable to such transactions are amended or repealed, we may not be able to dispose of properties in the future on a tax deferred basis.
- We may undertake one or more significant corporate transactions that may not achieve their intended results, may adversely affect our financial condition and our results of operations or result in unforeseeable risks to our business.
- Our citrus business is seasonal.
- We face significant competition in our agricultural operations.
- Our earnings are sensitive to fluctuations in market supply and prices and demand for our products.
- Climate change, or legal, regulatory, or market measures to address climate change, may negatively affect our business and operations.
- Increases in labor, personnel and benefits costs could adversely affect our operating results.
- Increases in commodity or raw product costs, such as fuel and chemical costs, could adversely affect our operating results.
- We are subject to transportation risks.
- We benefit from reduced real estate taxes due to the agricultural classification of a majority of our land. Changes in the classification or valuation methods employed by county property appraisers could cause significant changes in our real estate property tax liabilities.
- Liability for the use of fertilizers, pesticides, herbicides and other potentially hazardous substances could increase our costs.
- Our business may be adversely affected if we lose key employees.
- If our internal controls are ineffective, our operating results could be adversely affected.
- Inflation can have a significant adverse effect on our operations.
- We incur increased costs as a result of being a publicly traded company.
- System security risks, data protection breaches, cyber-attacks and systems integration issues could disrupt our internal operations or services provided to customers, and any such disruption could reduce our expected revenues, increase our expenses, damage our reputation and adversely affect our stock price.
- We maintain a significant amount of indebtedness which could adversely affect our financial condition, results of operations or cash flows and may limit our operational and financing flexibility and negatively impact our business.
- We may be unable to generate sufficient cash flow to service our debt obligations.
- Some of our debt is based on variable rates of interest, which could result in higher interest expenses in the event of an increase in the interest rates.
- We may not be able to continue to pay or maintain our cash dividends on our common stock and the failure to do so may negatively affect our share price.
- There can be no assurance that we will resume the repurchase of shares of our common stock.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
accrual, deposit, fully, human, investor, lesser, low, maximize, Mortgage, partner, professional, restated, small
Removed:
actively, project, subsequent
Financial reports
Current reports
8-K
Other Events
13 Jun 22
8-K
Departure of Directors or Certain Officers
23 May 22
8-K
Results of Operations and Financial Condition
9 May 22
8-K
Departure of Directors or Certain Officers
5 Apr 22
8-K
Submission of Matters to a Vote of Security Holders
28 Feb 22
8-K
Other Events
22 Feb 22
8-K
Results of Operations and Financial Condition
3 Feb 22
8-K
Results of Operations and Financial Condition
7 Dec 21
8-K
Other Events
6 Dec 21
8-K
Other Events
13 Sep 21
Registration and prospectus
SC TO-I/A
Issuer tender offer statement (amended)
9 Oct 18
SC TO-I/A
Issuer tender offer statement (amended)
4 Oct 18
SC TO-I/A
Issuer tender offer statement (amended)
6 Sep 18
SC TO-I
Issuer tender offer statement
4 Sep 18
S-8
Registration of securities for employees
20 Dec 15
S-8
Registration of securities for employees
20 May 13
S-8
Registration of securities for employees
7 Jun 09
S-8
Registration of securities for employees
20 Dec 05
S-8
Registration of securities for employees
12 Jan 99
Other
UPLOAD
Letter from SEC
7 May 14
CORRESP
Correspondence with SEC
20 Apr 14
CORRESP
Correspondence with SEC
30 Mar 14
UPLOAD
Letter from SEC
23 Mar 14
UPLOAD
Letter from SEC
24 May 10
CORRESP
Correspondence with SEC
12 May 10
CORRESP
Correspondence with SEC
4 May 10
UPLOAD
Letter from SEC
28 Apr 10
CORRESP
Correspondence with SEC
15 Apr 10
UPLOAD
Letter from SEC
5 Apr 10
Ownership
4/A
ALICO / James Sampel ownership change
27 May 22
4
ALICO / James Sampel ownership change
26 May 22
4
ALICO / John E Kiernan ownership change
19 May 22
4
ALICO / John E Kiernan ownership change
25 Apr 22
4
ALICO / RICHARD RALLO ownership change
14 Apr 22
4
ALICO / HENRY R SLACK ownership change
4 Apr 22
4
ALICO / Adam Putnam ownership change
4 Apr 22
4
ALICO / Toby K Purse ownership change
4 Apr 22
4
ALICO / W ANDREW KRUSEN JR ownership change
4 Apr 22
4
ALICO / Benjamin D Fishman ownership change
4 Apr 22
Transcripts
Reddit threads
Daily Discussion Thread - June 23rd, 2022
23 Jun 22
Daily Discussion Thread - June 22nd, 2022
22 Jun 22
Daily Discussion Thread - June 21st, 2022
21 Jun 22
Daily Discussion Thread - June 20th, 2022
20 Jun 22
Updated list of U.S. agricultural stocks by the amount of domestic acreage that they own
3 Jun 22
What are some good REITs for LT when it comes to a good growth/yield balance?
22 May 22
List of U.S. agricultural stocks by the amount of domestic acreage that they own
18 May 22
Daily Discussion Thread - May 9th, 2022
9 May 22
Daily Discussion Thread - May 6th, 2022
6 May 22
Update on my 280k€ Dividend portfolio that pays 16k€/ year (started in October 2021)
21 Apr 22