Cadiz (CDZI) Stock Price, News & Analysis

Company Overview

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. It serves public water systems, government agencies, and other clients. Cadiz Inc. was founded in 1983 and is based in Los Angeles, California.

Key Stats

• Today's Range: $4.12 to $4.49
• 50-Day Range: $2.92 to $4.44
• 52-Week Range: $2.12 to $4.72
• Volume: 412,422 shs
• Average Volume: 232,930 shs
• Market Capitalization: $311.25 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Cadiz Stock Analysis - MarketRank™

Cadiz scored higher than 41% of companies evaluated by MarketBeat, and ranked 114th out of 145 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cadiz.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Cadiz are expected to grow in the coming year, from ($0.47) to ($0.33) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cadiz is -8.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cadiz is -8.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Cadiz has a P/B Ratio of 6.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.61% of the outstanding shares of Cadiz have been sold short.

Short Interest Ratio / Days to Cover

Cadiz has a short interest ratio ("days to cover") of 15.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Cadiz has recently decreased by 1.97%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Cadiz does not currently pay a dividend.

Dividend Growth

Cadiz does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.2 / 5
• Environmental Score: -1.43

Percentage of Shares Shorted

6.61% of the outstanding shares of Cadiz have been sold short.

Short Interest Ratio / Days to Cover

Cadiz has a short interest ratio ("days to cover") of 15.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Cadiz has recently decreased by 1.97%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.02

News Sentiment

Cadiz has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.91 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Cadiz this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for CDZI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

3 people have added Cadiz to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Cadiz insiders have bought more of their company's stock than they have sold. Specifically, they have bought $6,913,800.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.70% of the stock of Cadiz is held by insiders.

Percentage Held by Institutions

79.75% of the stock of Cadiz is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CDZI Stock Analysis - Frequently Asked Questions

How have CDZI shares performed this year?

Cadiz's stock was trading at $2.80 at the beginning of the year. Since then, CDZI stock has increased by 47.9% and is now trading at $4.14.
View the best growth stocks for 2024 here.

How were Cadiz's earnings last quarter?

Cadiz Inc. (NASDAQ:CDZI) announced its quarterly earnings data on Tuesday, August, 13th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by $0.05. The firm earned $0.51 million during the quarter, compared to analyst estimates of $4 million. Cadiz had a negative trailing twelve-month return on equity of 93.78% and a negative net margin of 528.15%.

Who are Cadiz's major shareholders?

Cadiz's top institutional investors include Capstone Investment Advisors LLC (2.52%), 272 Capital LP (1.55%), Geode Capital Management LLC (1.45%) and HCR Wealth Advisors (0.67%). Insiders that own company stock include International Group Se Heerema, Keith Brackpool, Susan P Kennedy, Odey Asset Management Llp, Winston H Hickox, Scott S Slater and Maria Echaveste.
View institutional ownership trends.

How do I buy shares of Cadiz?

Shares of CDZI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cadiz own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cadiz investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), Broadcom (AVGO) and First Solar (FSLR).

Company Calendar

• Last Earnings: 8/13/2024
• Today: 12/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Water supply
• Sub-Industry: Water Utilities
• Current Symbol: NASDAQ:CDZI
• CUSIP: 12753720
• CIK: 727273
• Web: www.cadizinc.com
• Phone: (213) 271-1600
• Fax: 213-271-1614
• Employees: 10
• Year Founded: 1988

Profitability

• EPS (Most Recent Fiscal Year): ($0.51)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-31,450,000.00
• Net Margins: -528.15%
• Pretax Margin: -527.95%
• Return on Equity: -93.78%
• Return on Assets: -25.26%

Debt

• Debt-to-Equity Ratio: 3.88
• Current Ratio: 1.36
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $1.99 million
• Price / Sales: 156.40
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.60 per share
• Price / Book: 6.90

Miscellaneous

• Outstanding Shares: 75,180,000
• Free Float: 73,906,000
• Market Cap: $311.25 million
• Optionable: Optionable
• Beta: 0.97