Alico (ALCO) Expected to Announce Quarterly Earnings on Wednesday

Alico (NASDAQ:ALCO) will likely be posting its quarterly earnings results before the market opens on Wednesday, February 5th. Analysts expect Alico to post earnings of ($0.93) per share and revenue of $10.40 million for the quarter.

Alico Stock Performance

Shares of ALCO opened at $31.20 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 3.81 and a debt-to-equity ratio of 0.35. Alico has a 52-week low of $24.14 and a 52-week high of $34.08. The company has a 50-day simple moving average of $27.87 and a 200-day simple moving average of $27.49. The company has a market capitalization of $238.37 million, a PE ratio of 33.91 and a beta of 0.80.

Alico Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were issued a $0.05 dividend. The ex-dividend date was Friday, December 27th. This represents a $0.20 dividend on an annualized basis and a yield of 0.64%. 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.