Cadiz, Inc. (CDZI)
| Market Cap | 104.08M |
| Revenue (ttm) | 567,000 |
| Net Income (ttm) | -31.22M |
| Shares Out | 50.77M |
| EPS (ttm) | -0.84 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 209,014 |
| Open | 2.05 |
| Previous Close | 1.99 |
| Day's Range | 1.98 - 2.09 |
| 52-Week Range | 1.66 - 14.69 |
| Beta | 0.12 |
| Analysts | Buy |
| Price Target | 17.85 (+770.7%) |
| Earnings Date | May 16, 2022 |
About CDZI
Cadiz Inc., together with its subsidiaries, operates as a natural resources development company in the United States. It engages in the water resource and agricultural development activities in San Bernardino County properties. The company owns approximately 35,000 acres of land in the Cadiz and Fenner valleys of eastern San Bernardino County; and approximately 11,000 acres of land in the eastern Mojave Desert portion of San Bernardino County. It is also involved in the cultivation of lemons, and spring and fall plantings of vegetables and grai...
Financial Performance
In 2021, Cadiz's revenue was $564,000, an increase of 4.25% compared to the previous year's $541,000. Losses were -$31.25 million, -17.37% less than in 2020.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for CDZI stock is "Buy." The 12-month stock price forecast is 17.85, which is an increase of 770.73% from the latest price.
News
Cadiz Inc. Launches Bilingual Spanish-English Corporate Website
LOS ANGELES , April 14, 2022 /PRNewswire/ -- Today, Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company") is pleased to announce that its corporate website is now bilingual, with content available ...
Cadiz Board of Directors Establishes New Equity, Sustainability and Environmental Justice Committee
LOS ANGELES , March 29, 2022 /PRNewswire/ -- Today, Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company"), is pleased to announce that the Company's Board of Directors has formed a new Equity, Sust...
Cadiz Declares Quarterly Dividend for Q1 2022 on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, March 25, 2022 /PRNewswire/ -- Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz's 8.8...
Cadiz Announces New $12 Million Equity Investment from Registered Direct Offering of Common Stock
Heerema International Group Services SA leading offering with $5 million investment Offering Priced at-the-Market LOS ANGELES, March 21, 2022 /PRNewswire/ -- Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or ...
SUSAN KENNEDY APPOINTED EXECUTIVE CHAIR OF CADIZ INC.
LOS ANGELES, Feb. 8, 2022 /PRNewswire/ -- Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company") today announced that its Board of Directors has appointed Susan Kennedy to serve as executive Chair o...
Cadiz Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, Dec. 29, 2021 /PRNewswire/ -- Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz's 8.87...
Cadiz Reports New Form 13D Filing by Heerema
LOS ANGELES, Dec. 6, 2021 /PRNewswire/ --Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company") reported a new Schedule 13D was filed today with the Securities and Exchange Commission by Heerema Int...
Cadiz Inc. Issues Statement in Response to News that California Water Districts Will Receive 0% of Supplies Contracte...
LOS ANGELES, Dec. 3, 2021 /PRNewswire/ -- Today, Cadiz Inc. (NASDAQ: CDZI) ("Cadiz", the "Company") CEO Scott Slater released the following statement in response to the California Department of Water Re...
Cadiz Releases Q3 Shareholder Newsletter
LOS ANGELES, Nov. 15, 2021 /PRNewswire/ -- Today, Cadiz Inc. ("the Company," NASDAQ: CDZI) posted to its website a new 3rd quarter 2021 issue of CDZI Magazine , the Company's quarterly newsletter. The ...
Cadiz Inc. Issues Outlook on New California Water Year
LOS ANGELES, Sept. 15, 2021 /PRNewswire/ -- Cadiz Inc. ("the Company," NASDAQ: CDZI) released its outlook on the new California water year, which begins October 1, 2022, as systemic water shortage in Ca...
Why Shares of Cadiz Fell on Monday
No news was bad news for the water company.
Cadiz Inc. Issues Statement on Recent Stock Volatility
LOS ANGELES, Sept. 13, 2021 /PRNewswire/ -- Today, Cadiz Inc. ("the Company," NASDAQ: CDZI) released the following statement to address recent volatility in the trading of the Company's stock: The Compa...
Analysts Estimate Cadiz (CDZI) to Report a Decline in Earnings: What to Look Out for
Cadiz (CDZI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cadiz Completes $107.5M Refinancing Package
LOS ANGELES, July 7, 2021 /PRNewswire/ -- Today, Cadiz Inc. ("the Company," NASDAQ: CDZI) is pleased to announce the closing of a new, long-term $50 million, 7% senior secured credit facility agented b...
Cadiz Completes Acquisition of 220-Mile Pipeline Asset
LOS ANGELES, July 1, 2021 /PRNewswire/ -- Cadiz Inc. ("the Company," NASDAQ: CDZI) is pleased to announce today that it completed the acquisition of an existing 220-mile pipeline, the Cadiz "Northern Pi...
Cadiz Inc. Prices $50 Million Offering of Depositary Shares
LOS ANGELES, June 30, 2021 /PRNewswire/ -- Cadiz Inc. ("Cadiz", the "Company" or "we") (NASDAQ: CDZI) today announced the pricing of its underwritten registered public offering of 2,000,000 depositary s...
Cadiz Inc. Announces Offering of Depositary Shares and Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, June 28, 2021 /PRNewswire/ -- Cadiz Inc. ("Cadiz", the "Company" or "we") (NASDAQ: CDZI) today announced it has commenced an underwritten registered public offering of 2,000,000 depositary ...
Cadiz Inc. Spring 2021 Shareholder Newsletter Available
LOS ANGELES, May 4, 2021 /PRNewswire/ -- Cadiz Inc. (NASDAQ:CDZI) ("Cadiz", the "Company") released a new issue of CDZI Magazine, the Company's quarterly newsletter. The latest edition includes a summar...
SoCal Hemp Renews Partnership with Victor Valley College to Support Hemp Research at Cadiz Ranch
LOS ANGELES, April 6, 2021 /PRNewswire/ -- Today, SoCal Hemp JV LLC ("SoCal Hemp") is pleased to announce that it has renewed its local partnership with Victorville, California's Victor Valley College (...
Cadiz Inc. Issues Statement on Unusual Trading Activity Related to its Securities
LOS ANGELES, March 26, 2021 /PRNewswire/ -- Cadiz Inc. ("the Company", NASDAQ:CDZI) issued the following statement regarding unusual trading in its common stock in the days preceding the March 23, 2021 ...
Cadiz Inc. Announces Appointment Of Susan P. Kennedy To Its Board Of Directors
LOS ANGELES, March 25, 2021 /PRNewswire/ -- Cadiz Inc. ("the Company", NASDAQ: CDZI), a California business dedicated to sustainable water and agricultural projects, is pleased to announce Susan Kennedy...
Cadiz Inc. Issues Statement on New Lawsuits from Opponents of Water Access Targeting Company's Repurposing of Idle Oi...
Lawsuits by Growth Opponents Seek to Undercut the Needs of Communities in Underserved Area of California and Deny their Use of an Idle, Existing Pipeline to Convey Water for the Public Benefit Lawsuits ...
Cadiz CEO Issues Call to Action on California Water Supply Crisis
LOS ANGELES, March 23, 2021 /PRNewswire/ -- Today, Cadiz Inc. (NASDAQ: CDZI) ("Cadiz", the "Company"), a California business dedicated to sustainable water and agricultural projects, issued a statement ...
Cadiz Inc. Fourth Quarter 2020 Shareholder Newsletter and 2021 Outlook
LOS ANGELES, Dec. 31, 2020 /PRNewswire/ -- Today, Cadiz Inc. (NASDAQ: CDZI) ("Cadiz", the "Company") posted to its website a new issue of CDZI Magazine, the Company's quarterly newsletter. The latest ed...
Cadiz Water Project Recognized as Top Green Infrastructure Project at the North American Infrastructure Leadership Forum
LOS ANGELES--(BUSINESS WIRE)--Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) is pleased to announce that the Cadiz Water Project, the Company's public-private partnership with California water provi...