Alico (ALCO) Receiving Somewhat Positive News Coverage, Report Finds
News coverage about Alico (NASDAQ:ALCO) has been trending somewhat positive recently, according to AlphaOne Sentiment Analysis. AlphaOne, a subsidiary of Accern, identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. AlphaOne ranks coverage of 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 0.16 on AlphaOne’s scale. AlphaOne also gave news stories about the company an impact score of 38 out of 100, meaning that recent press coverage is unlikely to have an impact on the company’s share price in the near term.
Shares of Alico (NASDAQ:ALCO) opened at 29.40 on Friday. Alico has a 12-month low of $25.01 and a 12-month high of $32.66. The stock has a market cap of $244.90 million, a PE ratio of 29.73 and a beta of 1.26. The firm has a 50-day moving average price of $26.52 and a 200 day moving average price of $26.90.
The business also recently declared a quarterly dividend, which was paid on Friday, April 14th. Stockholders of record on Friday, March 31st were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Wednesday, March 29th. This represents a $0.24 annualized dividend and a dividend yield of 0.82%. Alico’s dividend payout ratio (DPR) is presently 24.24%.
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Alico Company Profile
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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