Alico Shareholders Reelect Board and Ratify Auditor at Meeting
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The latest announcement is out from Alico ( (ALCO) ).
On February 27, 2026, Alico, Inc. held its 2026 Annual Meeting of Shareholders, with 6,124,334 common shares represented in person or by proxy, constituting a quorum based on the January 2, 2026 record date. Shareholders elected all six director nominees—George R. Brokaw, Katherine R. English, John E. Kiernan, Toby K. Purse, Adam H. Putnam, and Eric Speron—to serve until the 2027 Annual Meeting of Shareholders.
Investors also ratified the appointment of Grant Thornton LLP as Alico’s independent registered public accounting firm for the fiscal year ending September 30, 2026. The approvals signal continued shareholder support for the company’s existing leadership and audit oversight, with no additional proposals brought forward for a vote at the meeting.
The most recent analyst rating on (ALCO) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Alico stock, see the ALCO Stock Forecast page.
Spark’s Take on ALCO Stock
According to Spark, TipRanks’ AI Analyst, ALCO is a Neutral.
The score is held back primarily by weak TTM profitability and sharp revenue decline, despite support from a lightly levered balance sheet and improved recent cash generation. Technicals are favorable (price above key moving averages with positive momentum), and the earnings call was generally constructive on liquidity and EBITDA guidance, but development timing and near-term cash flow visibility remain key risks.
To see Spark’s full report on ALCO stock, click here.
More about Alico
Alico, Inc. is a U.S. agribusiness company focused on owning and managing agricultural lands, particularly in Florida. It primarily produces citrus and related agricultural products, serving fresh fruit and processed juice markets, and generates revenue from both crop sales and land management activities.
Average Trading Volume: 26,889
Technical Sentiment Signal: Buy
Current Market Cap: $316.1M
For detailed information about ALCO stock, go to TipRanks’ Stock Analysis page.
