Cadiz Inc. (CDZI)

NASDAQ: CDZI · IEX Real-Time Price · USD
3.670
+0.050 (1.38%)
At close: Jul 19, 2024, 4:00 PM
3.600
-0.070 (-1.91%)
After-hours: Jul 19, 2024, 6:21 PM EDT
1.38%
Market Cap 248.80M
Revenue (ttm) 2.98M
Net Income (ttm) -27.61M
Shares Out 67.79M
EPS (ttm) -0.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 90,939
Open 3.690
Previous Close 3.620
Day's Range 3.620 - 3.705
52-Week Range 2.120 - 4.300
Beta 0.85
Analysts n/a
Price Target n/a
Earnings Date Aug 8, 2024

About CDZI

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 founde... [Read more]

Sector Utilities
Founded 1983
Employees 18
Stock Exchange NASDAQ
Ticker Symbol CDZI
Full Company Profile

Financial Performance

In 2023, Cadiz's revenue was $1.99 million, an increase of 32.64% compared to the previous year's $1.50 million. Losses were -$31.45 million, 26.8% more than in 2022.

Financial Statements

News

Cadiz's ATEC Water Systems Secures Three New Sales Contracts Expected to Add $1.5 million in 2024 Revenues

Filters will provide iron and manganese treatment for groundwater in Wisconsin, Nevada and Washington cleaning water supply for a variety of communities LOS ANGELES , July 18, 2024 /PRNewswire/ -- Cad...

3 days ago - PRNewsWire

Cadiz Inc. Declares Quarterly Dividend for Q2 2024 on Series A Cumulative Perpetual Preferred Stock

LOS ANGELES , June 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared ...

27 days ago - PRNewsWire

Cadiz Signs Northern Pipeline Delivery Agreement with Santa Margarita Water District

SMWD, Cadiz sign agreement for 5,000 AFY of water via Northern Pipeline with price cap of $1,650 AFY LOS ANGELES , June 20, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Com...

4 weeks ago - PRNewsWire

Cadiz to Participate in the iAccess Alpha Buyside Best Ideas Summer Conference 2024

LOS ANGELES, CA / ACCESSWIRE / June 13, 2024 / Cadiz, Inc. (NASDAQ:CDZI)(NASDAQ:CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today that management will participat...

5 weeks ago - Accesswire

Cadiz Signs LOI with City of Hesperia for Water Supply

75,000 acre-feet of water supply will support sustainable growth and groundwater recharge in the Mojave River Basin. LOS ANGELES and HESPERIA, Calif.

5 weeks ago - PRNewsWire

Cadiz Provides B. Riley Institutional Investor Conference Recap

CEO & Chairman Discusses Goal to Pursue Financing Structures, Move Project Development & Capital Costs Off Balance Sheet LOS ANGELES , May 30, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) (...

7 weeks ago - PRNewsWire

Cadiz Posts Chairman and CEO Susan Kennedy's Webcast from Green Economy Conference VerdeXchange 2024

Kennedy's Presentation "Water Resiliency at Scale" Focused on Climate Change Impacts on Western Water Access and Opportunities for New Solutions LOS ANGELES , May 23, 2024 /PRNewswire/ -- Cadiz, Inc. ...

2 months ago - PRNewsWire

Cadiz Posts Inaugural Corporate Overview Investor Call Materials to Investor Relations Website

LOS ANGELES , May 17, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced that the webcast replay of its Corporate...

2 months ago - PRNewsWire

Cadiz Subsidiary ATEC Water Systems Awarded $5.2 Million Contract, Increases ATEC 2024 Revenue Forecast to $15 Million from $12 Million

Award Represents ATEC's 12th Successful Bid within the last 12 Months LOS ANGELES , May 13, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solut...

2 months ago - PRNewsWire

Cadiz's Chairman and CEO Susan Kennedy to Host Corporate Overview Investor Call

Call to be Held on Thursday, May 16, 2024 at 11:00am ET Prepared Remarks to be Followed by Q&A Session Company to Participate in B. Riley Investor Conference on May 22 – 23, 2024 LOS ANGELES, May 10, ...

2 months ago - PRNewsWire

Cadiz Engages MZ Group to Enhance Strategic Investor Relations Program

Company's Critical Inflection Point Under Susan Kennedy's New Leadership Drives Expansion of Investor Communications Recent Form 4 Filing Disclosed CEO's Purchase of Shares of CDZI to Align with Share...

2 months ago - PRNewsWire

Cadiz Announces Water Supply Agreement with Solstra Communities to Support Bold Attainable Housing in Santa Barbara County

Innovative " Solomon Hills "  project will support 4,000 Central Coast working families near Vandenberg Space Force Base LOS ANGELES , April 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP,...

3 months ago - PRNewsWire

Cadiz Inc. Declares Quarterly Dividend for Q1 2024 on Series A Cumulative Perpetual Preferred Stock

LOS ANGELES , March 22, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz," the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz's 8...

4 months ago - PRNewsWire

Cadiz Closes Financing, Secures Development Capital For Water Supply Projects

$57 million credit agreement includes $20 million to support development and construction of water supply projects before the next drought. LOS ANGELES and GENEVA , March 6, 2024 /PRNewswire/ -- Cadiz...

4 months ago - PRNewsWire

Cadiz Inc. Announces Appointment of Barbara Lloyd to its Board of Directors

A veteran of the public finance industry, Lloyd brings over thirty years of experience in capital markets, government and infrastructure finance, including leadership positions at KPMG and the Califor...

5 months ago - PRNewsWire

Cadiz, Inc. and Heerema IGS Announce Financing Agreement to Drive Growth

Heerema to acquire $21.2 million Senior Secured Loan and provide the Company an additional $20 million to fund capital investments for revenue generation, operations and growth. LOS ANGELES and GENEVA...

5 months ago - PRNewsWire

City of Adelanto to Join Mojave Basin "One Water" Plan

Adelanto joins Fenner Gap and Victor Valley water agencies in regional planning, infrastructure investment strategy to improve reliability and quality of local water supplies. LOS ANGELES , Feb. 1, 20...

6 months ago - PRNewsWire

Fenner Gap and Victor Valley Water Agencies Launch "One Water" Plan

One Water plan will integrate High Desert infrastructure investments to improve water quality and increase reliability of local water supplies. LOS ANGELES , Jan. 26, 2024 /PRNewswire/ -- Cadiz, Inc. ...

6 months ago - PRNewsWire

Cadiz Inc. Declares Quarterly Dividend for Q4 2023 on Series A Cumulative Perpetual Preferred Stock

LOS ANGELES , Dec. 22, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI, NASDAQ: CDZIP) (the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz's 8....

7 months ago - PRNewsWire

/C O R R E C T I O N -- Cadiz, Inc./

In the news release, BLM Approves MLA Right-of-Way Grant to Cadiz for Northern Pipeline, issued 15-Dec-2023 by Cadiz, Inc. over PR Newswire, the coding for the company's stock ticker (NASDAQ: CDZI) wa...

7 months ago - PRNewsWire

Cadiz to Expand Executive Team in 2024

Executive Chair, Susan Kennedy, to Step into Full-time Role as CEO, Water-law Expert Scott Slater to continue Serving as Senior Advisor, and the Company to Create Two New Executive Positions as Projec...

8 months ago - PRNewsWire

Cadiz Marks One Year Anniversary of ATEC Acquisition

ATEC Water Systems Revenues Expected to top $12 Million in FY 2024 LOS ANGELES , Nov. 13, 2023 /PRNewswire/ -- Today, Cadiz, Inc. (NASDAQ: CDZI/CDZIP) is pleased to mark the one-year anniversary of it...

8 months ago - PRNewsWire

Cadiz Signs Agreement with San Bernardino County and Water Project Agencies to Reserve Water Supply for Desert Communities

CADIZ, Ca., Nov. 2, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP) announced today that the Company entered into a binding agreement with San Bernardino County, Santa Margarita Water District (...

9 months ago - PRNewsWire

Cadiz Signs Agreement with El Paso Natural Gas for Long-Term Power Supply

Tapping gas pipeline infrastructure allows Cadiz to replace diesel engines, improve reliability and cut carbon emissions with solar-hybrid microgrids. LOS ANGELES , Oct. 24, 2023 /PRNewswire/ -- Cadiz...

9 months ago - PRNewsWire

Cadiz, Inc. Declares Quarterly Dividend for Q3 2023 on Series A Cumulative Perpetual Preferred Stock

LOS ANGELES , Sept. 22, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz," the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz's 8...

10 months ago - PRNewsWire