Cadiz (Nasdaq:CDZI) - Stock Price, News & Analysis

CDZI Stock Overview

Cadiz Inc., together with its subsidiaries, provides water solutions in the United States.

CDZI fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 2.6% per year over past 5 years

Does not have meaningful revenue ($2M)

Cadiz Inc. Competitors

Consolidated Water

NasdaqGS:CWCO

US$392.7m

Global Water Resources

NasdaqGM:GWRS

US$295.7m

Pure Cycle

NasdaqCM:PCYO

US$228.8m

Artesian Resources

NasdaqGS:ARTN.A

US$359.0m

Price History & Performance

Summary of all time highs, changes and price drops for Cadiz
Historical stock prices
Current Share Price	US$2.27
52 Week High	US$5.80
52 Week Low	US$2.12
Beta	0.70
1 Month Change	-10.28%
3 Month Change	-17.45%
1 Year Change	-44.90%
3 Year Change	-79.38%
5 Year Change	-77.57%
Change since IPO	-99.61%

We Think Cadiz (NASDAQ:CDZI) Has A Fair Chunk Of Debt

Jan 19

Recent updates

Shareholders Will Probably Hold Off On Increasing Cadiz Inc.'s (NASDAQ:CDZI) CEO Compensation For The Time Being

Jun 11

When Can We Expect A Profit From Cadiz Inc. (NASDAQ:CDZI)?

May 13

Have Insiders Been Selling Cadiz Inc. (NASDAQ:CDZI) Shares This Year?

Jan 28

Could The Cadiz Inc. (NASDAQ:CDZI) Ownership Structure Tell Us Something Useful?

Dec 04

Shareholder Returns

	CDZI	US Water Utilities	US Market
7D	5.6%	4.3%	1.2%
1Y	-44.9%	-19.4%	24.7%

Return vs Industry: CDZI underperformed the US Water Utilities industry which returned -19.4% over the past year.

Return vs Market: CDZI underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is CDZI's price volatile compared to industry and market?
CDZI volatility
CDZI Average Weekly Movement	7.3%
Water Utilities Industry Average Movement	3.7%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.0%

Stable Share Price: CDZI's share price has been volatile over the past 3 months.

Volatility Over Time: CDZI's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1983	18	Susan Kennedy	www.cadizinc.com

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.

Cadiz Inc. Fundamentals Summary

How do Cadiz's earnings and revenue compare to its market cap?
CDZI fundamental statistics
Market cap	US$150.72m
Earnings (TTM)	-US$36.55m
Revenue (TTM)	US$1.99m

76.7x

P/S Ratio

-4.2x

P/E Ratio

Is CDZI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDZI income statement (TTM)
Revenue	US$1.99m
Cost of Revenue	US$2.89m
Gross Profit	-US$896.00k
Other Expenses	US$35.66m
Earnings	-US$36.55m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.54
Gross Margin	-45.00%
Net Profit Margin	-1,835.86%
Debt/Equity Ratio	94.8%

How did CDZI perform over the long term?

See historical performance and comparison

CDZI Stock Overview

Rewards

Risk Analysis

Cadiz Inc. Competitors

NasdaqGS:CWCO

US$392.7m

NasdaqGM:GWRS

US$295.7m

NasdaqCM:PCYO

US$228.8m

NasdaqGS:ARTN.A

US$359.0m

Price History & Performance

Recent News & Updates

CEO & Chairman recently bought US$56k worth of stock

Full year 2023 earnings released: US$0.56 loss per share (vs US$0.60 loss in FY 2022)

Cadiz Inc. announced that it has received $20 million in funding from Heerema International Group Services SA

High number of new directors

We Think Cadiz (NASDAQ:CDZI) Has A Fair Chunk Of Debt

Cadiz Inc. Announces Resignation of Scott Slater as President and Director

Recent updates

CEO & Chairman recently bought US$56k worth of stock

Full year 2023 earnings released: US$0.56 loss per share (vs US$0.60 loss in FY 2022)

Cadiz Inc. announced that it has received $20 million in funding from Heerema International Group Services SA

High number of new directors

We Think Cadiz (NASDAQ:CDZI) Has A Fair Chunk Of Debt

Cadiz Inc. Announces Resignation of Scott Slater as President and Director

U.S. Bureau of Land Management Approves Mineral Leasing Act Right-Of-Way Grant to Cadiz for Northern Pipeline

U.S. Bureau of Land Management Approves Mineral Leasing Act Right-Of-Way Grant to Cadiz for Northern Pipeline

Cadiz Inc. Appoints Susan Kennedy as Chief Executive Officer, Beginning January 1, 2024

Third quarter 2023 earnings released: US$0.12 loss per share (vs US$0.15 loss in 3Q 2022)

Second quarter 2023 earnings released: US$0.13 loss per share (vs US$0.13 loss in 2Q 2022)

New major risk - Financial position

Here's Why Cadiz (NASDAQ:CDZI) Can Afford Some Debt

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Forecast to breakeven in 2024

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Cadiz Inc. (NasdaqGM:CDZI) acquired ATEC Systems, Inc. from Dave Ketchum.

Does Cadiz (NASDAQ:CDZI) Have A Healthy Balance Sheet?

Cadiz Inc. (NasdaqGM:CDZI) announced a definitive agreement to acquire ATEC Systems, Inc. from Dave Ketchum.

Second quarter 2022 earnings released: US$0.13 loss per share (vs US$0.30 loss in 2Q 2021)

Cadiz Inc. Appoints Richard Polanco as Member of the Board

Is Cadiz (NASDAQ:CDZI) Using Too Much Debt?

Cadiz Inc.(NasdaqGM:CDZI) dropped from Russell Microcap Value Index

Cadiz Inc., Annual General Meeting, Jul 12, 2022

First quarter 2022 earnings: EPS misses analyst expectations

Forecast breakeven date pushed back to 2024

Cadiz Inc. Appoints Kenneth T. Lombard as A New Member of the Board

Lead Independent Director recently bought US$165k worth of stock

Forecast breakeven date pushed back to 2024

Cadiz Inc. Forms New Equity, Sustainability, and Environmental Justice Committee

Cadiz (NASDAQ:CDZI) Is Carrying A Fair Bit Of Debt

Founder & Chairman recently bought US$90k worth of stock

Here's Why Cadiz (NASDAQ:CDZI) Can Afford Some Debt

Third quarter 2021 earnings released: US$0.22 loss per share (vs US$0.13 loss in 3Q 2020)

Forecast to breakeven in 2023

Second quarter 2021 earnings released: US$0.30 loss per share (vs US$0.14 loss in 2Q 2020)

Cadiz Inc.(NasdaqGM:CDZI.P) dropped from NASDAQ Composite Index

Cadiz Inc. (NasdaqGM:CDZI) acquired 220-Mile Northern Pipeline Asset from El Paso Natural Gas Company, L.L.C for $19 million.

Independent Director Murray Hutchison has left the company

Independent Director Richard Nevins has left the company

Independent Director Richard Nevins has left the company

Independent Director Murray Hutchison has left the company

Shareholders Will Probably Hold Off On Increasing Cadiz Inc.'s (NASDAQ:CDZI) CEO Compensation For The Time Being

First quarter 2021 earnings released: US$0.16 loss per share (vs US$0.66 loss in 1Q 2020)

When Can We Expect A Profit From Cadiz Inc. (NASDAQ:CDZI)?

Full year 2020 earnings released: US$1.11 loss per share (vs US$1.11 loss in FY 2019)

New 90-day high: US$11.23

Have Insiders Been Selling Cadiz Inc. (NASDAQ:CDZI) Shares This Year?

New 90-day high: US$10.96

New 90-day high: US$10.91

New 90-day high: US$10.40

Could The Cadiz Inc. (NASDAQ:CDZI) Ownership Structure Tell Us Something Useful?

Third quarter 2020 earnings released: US$0.13 loss per share

New 90-day low: US$9.23

First half earnings released

Shareholder Returns

Price Volatility

About the Company