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Alico Extends EVP’s Term with New Incentives

Story Highlights
  • Danny Sutton resigned as President of Alico Citrus, effective August 1, 2025.
  • Alico, Inc. amended Mitch Hutchcraft’s employment agreement, extending his term and adjusting salary and bonuses.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alico Extends EVP’s Term with New Incentives

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Alico ( (ALCO) ) has provided an update.

On July 14, 2025, Danny Sutton resigned as President of Alico Citrus, effective August 1, 2025. Additionally, Alico, Inc. amended the employment agreement with Mitch Hutchcraft, Executive Vice President – Real Estate, on July 18, 2025, extending his term through September 30, 2030, with salary and bonus adjustments. This amendment includes performance-based incentives tied to real estate project milestones, potentially impacting the company’s real estate operations and stakeholder interests.

The most recent analyst rating on (ALCO) stock is a Buy with a $35.00 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.

Alico’s overall score reflects significant financial challenges with negative profitability and cash flow issues. Technical analysis shows stability without strong momentum. Valuation remains unattractive due to negative earnings, although the dividend offers some shareholder value. The strategic transformations and land sales outlook provide cautious optimism, tempered by ongoing financial difficulties.

To see Spark’s full report on ALCO stock, click here.

More about Alico

Average Trading Volume: 38,332

Technical Sentiment Signal: Buy

Current Market Cap: $249.4M

See more insights into ALCO stock on TipRanks’ Stock Analysis page.

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