Alico (ALCO) to Release Quarterly Earnings on Wednesday

Alico (NASDAQ:ALCO - Get Free Report) is projected to post its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect Alico to post earnings of ($0.93) per share and revenue of $10.40 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

Alico Stock Down 1.4 %

NASDAQ:ALCO traded down $0.43 during trading hours on Friday, reaching $30.89. The company's stock had a trading volume of 35,684 shares, compared to its average volume of 97,622. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 0.99. The company has a market cap of $235.88 million, a price-to-earnings ratio of 33.58 and a beta of 0.80. Alico has a one year low of $24.14 and a one year high of $34.08. The business's 50-day moving average is $28.18 and its 200-day moving average is $27.58.

Alico Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were paid 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 dividend yield of 0.65%. Alico's dividend payout ratio (DPR) 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.