News articles about Alico (NASDAQ:ALCO) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Alico earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.2475779166485 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
ALCO has been the topic of a number of analyst reports. TheStreet cut Alico from a “c” rating to a “d+” rating in a research report on Tuesday, December 12th. BidaskClub cut Alico from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th.
Alico (NASDAQ:ALCO) traded up $0.10 during midday trading on Monday, hitting $27.85. The stock had a trading volume of 3,700 shares, compared to its average volume of 5,456. The company has a market cap of $229.60, a P/E ratio of -24.43 and a beta of 1.34. The company has a current ratio of 4.16, a quick ratio of 1.89 and a debt-to-equity ratio of 1.09. Alico has a 52-week low of $25.50 and a 52-week high of $34.80.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Thursday, December 28th. Alico’s dividend payout ratio is -21.05%.
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Alico, Inc is an agribusiness and natural resources management company. The Company’s segments include Orange Co, Conservation and Environmental Resources and, Other Operations. Its principal lines of business are citrus groves, cattle ranching and conservation. The Orange Co segment includes activities related to planting, owning, cultivating and/or managing citrus groves in order 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.
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