B. Riley Predicts Cadiz's Q1 Earnings (NASDAQ:CDZI)

Cadiz Inc. (NASDAQ:CDZI - Free Report) - Research analysts at B. Riley reduced their Q1 2025 earnings per share estimates for shares of Cadiz in a report released on Sunday, March 30th. B. Riley analyst M. Crawford now anticipates that the company will post earnings of ($0.11) per share for the quarter, down from their previous forecast of ($0.09). The consensus estimate for Cadiz's current full-year earnings is ($0.47) per share. B. Riley also issued estimates for Cadiz's Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.09) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.37) EPS, Q1 2026 earnings at ($0.11) EPS, Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.10) EPS, Q4 2026 earnings at ($0.06) EPS and FY2026 earnings at ($0.37) EPS.

Cadiz (NASDAQ:CDZI - Get Free Report) last announced its earnings results on Friday, March 28th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.06). Cadiz had a negative net margin of 528.15% and a negative return on equity of 93.78%. The firm had revenue of $4.75 million for the quarter, compared to analysts' expectations of $8.44 million.

Separately, StockNews.com upgraded Cadiz to a "sell" rating in a research note on Wednesday, March 5th.

Cadiz Stock Performance

CDZI traded down $0.15 on Wednesday, reaching $2.52. The company had a trading volume of 676,033 shares, compared to its average volume of 366,553. The stock has a 50-day moving average price of $4.10 and a 200-day moving average price of $3.93. The stock has a market capitalization of $206.10 million, a PE ratio of -4.94 and a beta of 1.54. The company has a quick ratio of 0.87, a current ratio of 1.36 and a debt-to-equity ratio of 3.88. Cadiz has a 1 year low of $2.12 and a 1 year high of $5.68.

Institutional Trading of Cadiz

A number of institutional investors have recently added to or reduced their stakes in the stock. Whitefort Capital Management LP purchased a new stake in shares of Cadiz during the 4th quarter worth approximately $19,344,000. American Assets Capital Advisers LLC boosted its position in Cadiz by 5.6% during the fourth quarter. American Assets Capital Advisers LLC now owns 2,384,208 shares of the company's stock worth $12,398,000 after purchasing an additional 126,000 shares in the last quarter. B. Riley Financial Inc. grew its holdings in Cadiz by 825.2% in the fourth quarter. B. Riley Financial Inc. now owns 1,733,972 shares of the company's stock valued at $9,017,000 after purchasing an additional 1,546,554 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Cadiz by 4.6% in the fourth quarter. Geode Capital Management LLC now owns 1,035,162 shares of the company's stock valued at $5,384,000 after buying an additional 45,866 shares in the last quarter. Finally, Rangeley Capital LLC acquired a new position in shares of Cadiz during the 4th quarter worth $3,432,000. Hedge funds and other institutional investors own 79.75% of the company's stock.

Cadiz Company Profile

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources.