Alico (ALCO) Expected to Announce Earnings on Wednesday

Alico (NASDAQ:ALCO) is expected to announce its earnings results after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of ($0.93) per share and revenue of $10.40 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Alico Trading Down 0.7 %

Shares of NASDAQ ALCO opened at $29.77 on Tuesday. Alico has a twelve month low of $24.14 and a twelve month high of $34.08. The stock has a market cap of $227.44 million, a price-to-earnings ratio of 32.36 and a beta of 0.81. The company has a quick ratio of 0.99, a current ratio of 3.81 and a debt-to-equity ratio of 0.35. The company’s fifty day moving average is $28.61 and its 200-day moving average is $27.71.

Alico Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.20 annualized dividend and a yield of 0.67%. Alico’s dividend payout ratio is presently 21.74%.

Alico Company Profile

Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing, and hauling of citrus.