Alico NASDAQ: ALCO outlined its transition from citrus production to a land-management and real estate-entitlement strategy at the Midwest IDEAS Investor Conference, as the Florida-based company seeks to monetize its agricultural acreage while pursuing development approvals for selected properties.
Alico, Inc. (ALCO) Q3 2026 Earnings Call Transcript
Alico NASDAQ: ALCO reported higher third-quarter revenue and a return to profitability as the company continued its transition away from citrus operations and toward land management, agricultural leasing and real estate development.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 2 | $77.5 | $76.36 | -$1.14 | -1.47% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 21 | $864.15 | $869.4 | $5.25 | 0.61% |
| NSS Neil S. Shapiro Towerview LLC | 75,500 | $2.04M | $2.85M | $811,661.16 | 39.8% |
Jeff Ameen Spire Wealth Management | 155 | $6,395.3 | $5,852.8 | -$542.5 | -8.48% |
Joseph Castro Nuveen LLC | 9,412 | $290,671.9 | $367,632.73 | $76,960.83 | 26.48% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| RB Raimzhan Bayterek Freedom Broker | 2,502.49 | $104,053.65 | $100,299.92 | -$3,753.73 | -3.61% |
| 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.