Core Viewpoint - Alico, Inc. is actively engaging with investors through one-on-one meetings at the Oppenheimer 11th Annual Emerging Growth Conference, indicating a focus on investor relations and potential growth opportunities [1]. Company Overview - Alico, Inc. is a Florida-based agribusiness and land management company with over 125 years of experience [2]. - Following a strategic transformation in 2025, Alico operates as a diversified land company with approximately 49,537 acres across 8 Florida counties as of September 30, 2025 [2]. - The company focuses on strategic land development opportunities and diversified agricultural operations, aiming to create long-term shareholder value while committing to responsible land stewardship and conservation [2].

Core Viewpoint - Alico, Inc. has successfully completed a total of $34.6 million in land sales during fiscal year 2026, marking significant progress in its strategic transformation from traditional citrus operations to a diversified land company [1][2]. Group 1: Land Sales and Financial Performance - The company closed on the sale of a large citrus grove in Hendry County, approximately 2,950 acres, for $26.8 million in gross proceeds, contributing to its land monetization strategy [2]. - Additional transactions included the sale of 579 acres of citrus land for $6.1 million and an office and shop facility for $1.7 million, demonstrating continued execution of Alico's strategic repositioning [2]. - Total debt as of September 30, 2025, was $85.5 million, down from $92.1 million at the end of fiscal year 2024, resulting in a net debt position of $47.4 million after accounting for $38.1 million in cash [4]. Group 2: Land Utilization and Revenue Generation - Alico achieved 97% utilization of its approximately 32,500 farmable agricultural acres, with 89% of its total agricultural acres utilized [3]. - The company's land management programs now include fee-generating or revenue-sharing agreements with various agricultural operators, creating diversified revenue streams [3]. - The strengthened balance sheet, combined with proceeds from land sales and agricultural leasing revenue, provides substantial liquidity for advancing development projects while maintaining operational efficiency [5]. Group 3: Strategic Transformation and Future Outlook - The company is focused on optimizing land holdings for diversified agricultural operations while pursuing land development plans, with projects proceeding as expected [4]. - Alico's Board of Directors has authorized a buyback of up to $50 million of common stock, reflecting a commitment to shareholder value creation [5]. - The company operates as a diversified land company with approximately 49,537 acres across 8 Florida counties, emphasizing strategic land development opportunities and responsible land stewardship [6].

Core Viewpoint - Alico (ALCO) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus of earnings per share (EPS) estimates from sell-side analysts, reflecting the company's changing earnings picture [1][2]. - Changes in earnings estimates are strongly correlated with stock price movements, particularly due to institutional investors who adjust their valuations based on these estimates [4]. Alico's Earnings Outlook - Alico's rising earnings estimates and the Zacks rating upgrade suggest an improvement in the company's underlying business, which is expected to drive the stock price higher [5]. - Over the past three months, the Zacks Consensus Estimate for Alico has increased by 28.9%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - Alico's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].

Group 1: Company Overview - Alico (ALCO) is a member of the Consumer Staples group, which includes 180 companies and is currently ranked 15 in the Zacks Sector Rank [2] - Alico has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] Group 2: Performance Analysis - Over the past three months, the Zacks Consensus Estimate for Alico's full-year earnings has increased by 28.9%, reflecting improved analyst sentiment [4] - Alico has returned approximately 2.5% year-to-date, outperforming the average return of 0.7% for Consumer Staples companies [4] - In the Agriculture - Operations industry, Alico is slightly underperforming, as this group has gained an average of 6.3% year-to-date [6] Group 3: Comparison with Peers - Oatly Group AB Sponsored ADR (OTLY) is another Consumer Staples stock that has outperformed the sector, with a year-to-date increase of 5.3% [5] - The consensus estimate for Oatly's current year EPS has risen by 11% over the past three months, and it also holds a Zacks Rank of 2 (Buy) [5] - The Food - Dairy Products industry, to which Oatly belongs, is currently ranked 7 and has experienced a year-to-date decline of 12% [6]

Financial Data and Key Metrics Changes - The company has transitioned from being a major citrus producer to focusing on real estate development due to unsustainable economic conditions in the citrus industry, particularly affected by a disease called greening [2][3] - The company reported a significant increase in stock value, with a 40% rise last year, marking the best performance in 65 years [25][26] - The current market capitalization is approximately $280 million, while the present value of assets is estimated between $650 million and $750 million [22][35] Business Line Data and Key Metrics Changes - The company owns over 50,000 acres of land, with 75% currently used for agricultural purposes and 25% earmarked for future residential and commercial development [7][8] - The company has been actively leasing agricultural land to generate cash flow while planning for future development [5][28] - Last year, the company sold approximately $23 million in land assets, with expectations for increased sales this year [28] Market Data and Key Metrics Changes - The company is focusing on the real estate market in Florida, particularly in areas with high development potential, such as Collier County [10][11] - The Corkscrew Grove Village Project is a significant development initiative that aims to create 9,000 houses and commercial spaces, highlighting the company's shift towards real estate [10][11] Company Strategy and Development Direction - The company is prioritizing the entitlement process for its land to maximize its value and is working with local professionals to ensure efficiency [8][10] - Alico is committed to sustainability and conservation, having allocated 1,200 acres for wildlife corridors and investing in wildlife crossings [19][20] - The company aims to diversify its revenue streams through leasing and real estate development while maintaining agricultural operations [5][6] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges faced in the citrus industry and emphasizes the need for transformation to ensure long-term viability [2][3] - The company is optimistic about the future, with plans to increase utilization rates of leased land and achieve milestones in the entitlement process [28][29] - Management is focused on maintaining a strong balance sheet and managing cash flow effectively to support ongoing operations and potential shareholder returns [38][39] Other Important Information - The company has a history of returning capital to shareholders, with approximately $200 million returned over the last decade through dividends and buybacks [33] - Alico has a 10b-5 program approved for potential share buybacks, indicating a proactive approach to managing shareholder value [31][32] Q&A Session Summary Question: What is the company's strategy for returning cash to shareholders? - The company is considering various options, including maintaining a common dividend and potential share buybacks if discretionary cash flow allows [30][31] Question: Can the company provide an approximate value for the developments expected? - The estimated present value of the company's assets is between $650 million and $750 million, with ongoing assessments as land sales are realized [35][36]

Financial Data and Key Metrics Changes - The company has transitioned from being a major citrus producer to focusing on real estate opportunities due to unsustainable economic conditions in the citrus industry, particularly due to a disease affecting citrus trees [2][3] - The company reported a significant increase in stock value, with a 40% rise last year, marking the best year in 65 years [25][26] - The current market capitalization is approximately $280 million, while the present value of assets is estimated between $650 million and $750 million [22][35] Business Line Data and Key Metrics Changes - The company owns over 50,000 acres of land, with 75% currently used for agricultural purposes and 25% earmarked for future residential or commercial development [7][8] - The company has been actively leasing agricultural land to generate cash flow, which has been a successful strategy [5][28] Market Data and Key Metrics Changes - The company is focusing on the entitlement process for land development, with significant projects underway in Collier County, including the Corkscrew Grove Village Project, which aims to develop around 9,000 houses [10][11] - The company has engaged in community outreach, meeting with over 400 residents to discuss development projects, which is expected to yield positive results in the long term [15] Company Strategy and Development Direction - The company is shifting its focus from agriculture to real estate, identifying the highest and best use for its land, with plans to repurpose 25% of its land for residential and commercial development [4][6] - The company aims to be efficient in the entitlement process and has brought in local professionals to assist with development projects [8][10] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges faced in the citrus industry and emphasizes the importance of adapting to changing economic conditions [2][3] - The company is optimistic about future land sales and development opportunities, with expectations of increased utilization rates and milestones in the entitlement process [28][29] Other Important Information - The company has a history of conservation efforts, which is expected to aid in gaining approvals at various governmental levels for development projects [16][20] - The company has maintained a common dividend since going public, although it is unlikely to increase in the near future [30][31] Q&A Session Summary Question: What is the company's strategy for returning cash to shareholders? - The company is considering various options, including maintaining a common dividend and potentially initiating a share buyback program if discretionary cash flow allows [30][31][32] Question: What is the expected value of the developments? - The company estimates the present value of its assets to be between $650 million and $750 million, with ongoing assessments as land sales are realized [35][36]

Financial Data and Key Metrics Changes - The company has transitioned from being a major citrus producer to focusing on real estate opportunities due to unsustainable economic conditions in the citrus industry, particularly due to a disease affecting citrus trees [2][3] - The company reported a cash balance of approximately $38 million at the end of the fiscal year, with net debt reduced from around $215 million to $48 million over the past decade [38] Business Line Data and Key Metrics Changes - Currently, the company owns over 50,000 acres of land, with 75% still utilized for agricultural purposes while 25% is earmarked for potential residential or commercial development [6][9] - The company has diversified its revenue streams by leasing agricultural land to operators, which has proven effective in generating cash flow [5][29] Market Data and Key Metrics Changes - The market capitalization of the company is approximately $280 million, while the present value of its assets is estimated between $650 million and $750 million [23][36] - The company achieved a 40% increase in stock price over the past year, marking its best performance in 65 years [26][34] Company Strategy and Development Direction - The company is focusing on repurposing land for higher value uses, with plans for residential and commercial developments, including the Corkscrew Grove Village Project, which aims to create around 9,000 houses [11][12] - The company is actively working on the entitlement process for its land, with a strong emphasis on efficiency and community outreach to gain necessary approvals [9][16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the current operating environment but expressed optimism about the company's strategic shift and the potential for future growth through real estate development [3][30] - The company plans to continue monetizing its land through leasing and sales, with expectations of increased utilization rates and more milestones in the entitlement process [29][30] Other Important Information - The company has a history of strong conservation efforts, which aids in gaining support from local, state, and federal authorities for its development projects [17][21] - The company has committed over $5 million to construct a wildlife crossing to enhance conservation efforts, demonstrating its commitment to sustainability [20][21] Q&A Session Summary Question: What is the company's strategy regarding cash returns to shareholders? - The company maintains a common dividend and has a share buyback program approved for up to $50 million, which will be considered if discretionary cash flow allows [31][33] Question: What is the expected value of the developments? - The company estimates the present value of its assets to be between $650 million and $750 million, with ongoing assessments as land sales are realized [36]

Core Insights - Alico, Inc. will participate in the 28th Annual ICR Conference, with a fireside chat hosted by CEO John Kiernan on January 13, 2026 [1][2] Company Overview - Alico, Inc. is a Florida-based agribusiness and land management company with over 125 years of experience [3] - As of September 30, 2025, Alico operates approximately 49,537 acres across 8 Florida counties [3] - The company focuses on strategic land development opportunities and diversified agricultural operations, aiming to create long-term shareholder value while committing to responsible land stewardship and conservation [3]

Core Insights - Alico, Inc. demonstrates a successful turnaround with operational changes positively impacting financial metrics, positioning 2026 as a breakout year [2] - Fiscal year 2025 land sales exceeded guidance by $3.8 million, totaling $23.8 million, while adjusted EBITDA reached $22.5 million, surpassing the $20 million guidance [2] - The positive momentum continues into fiscal year 2026 with the sale of 579 acres of citrus land for $6.1 million and an additional $1.7 million from office and shop divestitures [3] Financial Performance - Alico's land sales for fiscal year 2025 were $23.8 million, exceeding company guidance by $3.8 million [2] - Adjusted EBITDA for the same period was $22.5 million, comfortably above the $20 million guidance [2] - The company has an estimated present value of $335 million to $380 million from near-term real estate development projects expected to be realized within the next five years [3] Strategic Diversification - Alico is transitioning to a diversified land model while maintaining income streams from leases to third-party citrus farmers, ensuring steady revenue without heavy capital investment [4] - The company is enhancing land monetization visibility and is considered attractively valued based on projected cash flows from land developments [5]

Core Insights - Alico, Inc. (NASDAQ:ALCO) is focused on agribusiness, particularly citrus production and land management, with a positive outlook from analysts [1][5] - Roth Capital has set a price target of $42 for ALCO, indicating a potential increase of about 22.8% from its current price of $34.20 [1][5] - Accordant Advisory Group Inc has increased its investment in Alico by 14.4%, now holding 50,202 shares valued at $1.6 million, reflecting confidence in the company's growth potential [2][5] Investment Activity - Other investment firms have also shown increased interest in Alico, with Peapod Lane Capital LLC raising its holdings by 0.3% to 131,265 shares valued at $4.3 million [3] - Towerview LLC has boosted its holdings by 8.7%, now owning 125,000 shares worth $4.1 million, indicating a broader interest in Alico's potential [3] Stock Performance - ALCO's current stock price is $34.46, reflecting an increase of approximately 3.55% or $1.18, with a market capitalization of approximately $263.22 million [4] - The stock has fluctuated between a low of $33.49 and a high of $34.74 today, and over the past year, it has reached a high of $35.90 and a low of $24.76 [4]