Alico (ALCO)
Converts Florida grove acreage into leases, land sales, and development opportunities.
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Manages Florida land through agricultural leases, land sales, and development entitlement work after winding down primary citrus operations. Reported segments still include Alico Citrus and Land Management and Other Operations, but the operating focus has shifted toward diversified agriculture and land monetization.
Owns and manages a Florida land portfolio that long supported citrus, cattle, sugarcane, sod, mining, hunting, conservation, and leasing uses. Formal reporting still includes Alico Citrus alongside Land Management and Other Operations, but primary citrus activity has been substantially wound down after the final major harvest.
Revenue is moving toward agricultural leases and revenue-sharing with growers and operators, strategic land sales, mineral and other land-use leases, and entitlement work around development sites such as Corkscrew Grove Villages. The land base remains concentrated in Florida, with diversified agriculture taking most of the near-term use.
Execution depends on finding productive uses for former grove acreage, completing lease and sale transactions, and securing development permits where land is being prepared for development. Citrus greening and hurricane damage drove the exit from primary citrus operations.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 12, 2026 | Freedom Broker | Upgrade | ||
| Mar 27, 2026 | Roth Capital | Target | Target: $42 | Target: $45 |
| Nov 26, 2025 | Roth Capital | Target | Target: — | Target: $42 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $55.6M · Total debt $2.8M · Total assets $198.7M · Shareholders' equity $104.8M
- Revenue
- $9.0M
- Operating income
- $1.9M
- Net income
- $2.1M
HistoryDividendAnnual yieldUpcoming
| Institutions | ≈ 60.48% | 4.49M shares | |
|---|---|---|---|
| 113 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 29.80% | 2.21M shares | |
| 13 holders · as of Aug 21, 2026 | |||
| Other | ≈ 9.72% | 721.4K shares | |
| remainder | |||
7.42M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Gate City Capital Management, LLCInstitution | 17.43% | 1.29M | as of Jun 30, 2026 |
Brian J. HigginsInsider | 6.93% | 514,287 | filed Nov 15, 2019 |
Thomas A. Satterfield, Jr.Insider | 6.56% | 486,836 | filed Feb 5, 2026 |
BlackRock, Inc.Institution | 6.00% | 445,439 | as of Jun 30, 2026 |
Clayton G. Wilson1Insiderdirector, officer: President & CEO | 5.46% | 405,052 | filed Nov 22, 2019 |
- Clayton G. Wilson's transaction reports restate only vehicles that traded; the 2019 ownership statement (405.1K) is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 20, 2026 | Eric H. Speron | director | +1,250 | $39.73 |
- St. Joe
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- Gladstone Land
Farmland REIT competing in leased agricultural acreage
- Limoneira
Citrus and real estate hybrid with land-conversion overlap
- Farmland Partners
Farmland REIT overlap in leasing and land appreciation
- Tejon Ranch
Land-rich agribusiness and entitlement developer
- Forestar Group
Residential lot developer competing for entitlement partners
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Alico | $39.18 | −0.25% | $291.3M | 187.0 | — | 17.1 | +7.8% |
| St. Joe | $65.42 | +1.33% | $3.68B | 30.2 | — | 6.7 | +23.0% |
| Gladstone Land | $9.63 | +0.27% | $414.1M | — | — | 4.7 | +3.2% |
| Limoneira | $12.69 | +0.67% | $228.5M | — | 45.3 | 1.8 | −7.7% |
| Farmland Partners | $10.88 | −0.68% | $477.8M | 20.4 | 60.4 | 9.0 | −5.3% |
| Tejon Ranch | $16.38 | +0.99% | $438.0M | 71.7 | — | 7.7 | +71.7% |
| Forestar Group | $26.69 | +1.18% | $1.35B | 7.9 | 9.4 | 0.8 | +4.2% |
| Median | 25.3 | 45.3 | 5.7 | +3.7% |