Cadiz, Inc. (CDZI)

NASDAQ: CDZI · IEX Real-Time Price · USD
2.05
0.06 (3.02%)
At close: May 20, 2022 4:00 PM
2.09
0.04 (1.95%)
After-hours:May 20, 2022 5:39 PM EDT
Market Cap104.08M
Revenue (ttm)567,000
Net Income (ttm)-31.22M
Shares Out50.77M
EPS (ttm)-0.84
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume209,014
Open2.05
Previous Close1.99
Day's Range1.98 - 2.09
52-Week Range1.66 - 14.69
Beta0.12
AnalystsBuy
Price Target17.85 (+770.7%)
Earnings DateMay 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...

IndustryWater Utilities
Founded1983
CEOScott Slater
Employees10
Stock ExchangeNASDAQ
Ticker SymbolCDZI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$17.85
(770.73% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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 ...

6 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

Why Shares of Cadiz Fell on Monday

No news was bad news for the water company.

8 months ago - The Motley Fool

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...

8 months ago - PRNewsWire

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.

9 months ago - Zacks Investment Research

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...

10 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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 ...

10 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 (...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - GlobeNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - Business Wire