Alico NASDAQ: ALCO has completed a major shift away from operating citrus groves and is now positioning itself primarily as a Florida landowner focused on leasing agricultural acreage and pursuing real estate entitlements, President and CEO John Kiernan said at an investor presentation hosted by Three Part Advisors.
Alico NASDAQ: ALCO is positioning itself as a diversified Florida land and real estate company after winding down its legacy citrus operations, a company representative told investors during a recent presentation.
Alico, Inc. (ALCO) Q2 2026 Earnings Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 1 | $36 | $40.74 | $4.74 | 13.17% |
Jeff Ameen Spire Wealth Management | 155 | $6,395.3 | $6,347.25 | -$48.05 | -0.75% |
Joseph Castro Nuveen LLC | 9,412 | $290,671.9 | $384,354.08 | $93,682.18 | 32.23% |
Ana-Maria Ignat Covestor Ltd | 377 | $11,249.68 | $15,735.98 | $4,486.3 | 39.88% |
| JL James Langer Redmont Wealth Advisors LLC | 18,598 | $530,136.83 | $760,751.19 | $230,614.36 | 43.5% |
| Food Products Industry | Consumer Staples Sector | John E. Kiernan CEO | NASDAQ (NGS) Exchange | 016230104 CUSIP |
| US Country | 20 Employees | 2 Jul 2026 Last Dividend | 23 Feb 1987 Last Split | 3 May 1973 IPO Date |
Alico, Inc. is a distinguished agribusiness and land management company operating within the United States, with a prime focus on the cultivation, management, and operation of its agricultural and land management assets. Founded in 1960 and headquartered in Fort Myers, Florida, Alico has developed its expertise across two main segments: Alico Citrus and Land Management and Other Operations. These segments reflect the company's dedication to the agricultural sector, particularly in citrus production, and its strategic approach to land management for a variety of uses, including conservation, grazing, and leasing activities.
This segment embodies Alico's core business operations in the agricultural sector through the cultivation, management, and production of citrus fruits. Alico Citrus focuses on producing high-quality citrus for both fresh and processed markets. This segment covers a wide range of activities, including the planting, owning, and cultivating of citrus groves, as well as the purchase and resale of fruit. Additionally, Alico Citrus extends its services to include value-added operations such as contracting for harvesting, marketing, and hauling of citrus produce, ensuring a comprehensive approach to citrus production and sale.
This segment showcases Alico's versatility in land management and its commitment to leveraging its land assets beyond traditional agriculture. Activities under this segment include the sale of native plants, leasing land for grazing and hunting, and managing conservation efforts on unimproved native pastureland. Additionally, Alico engages in activities related to rock mining royalties and owns and/or leases improved farmland, demonstrating a multifaceted approach to land utilization and management. This diversity allows Alico to not only contribute to agricultural productivity but also to participate in ecological conservation and sustainable land use practices.