CDZI - Cadiz Inc Stock Price, Fair Value and News

2.81USD+0.01 (+0.36%)Delayed as of 16 May 2024, 10:56 am ET

Market Summary

USD2.81+0.01

Delayedas of 16 May 2024, 10:56 am

0.36%

CDZI Alerts

1 major insider buys recently.

CDZI Stock Price

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CDZI RSI Chart

CDZI Valuation

Market Cap

189.8M

Price/Earnings (Trailing)

-6.88

Price/Sales (Trailing)

64.06

EV/EBITDA

-10.82

Price/Free Cashflow

-8.09

CDZI Price/Sales (Trailing)

CDZI Profitability

EBT Margin

-931.25%

Return on Equity

-75.4%

Return on Assets

-21.99%

Free Cashflow Yield

-12.36%

CDZI Fundamentals

CDZI Revenue

Revenue (TTM)

3.0M

Rev. Growth (Yr)

567.26%

Rev. Growth (Qtr)

68.57%

CDZI Earnings

Earnings (TTM)

-27.6M

Earnings Growth (Yr)

35.93%

Earnings Growth (Qtr)

-1.41%

Breaking Down CDZI Revenue

52 Week Range

2.795.80

(Low)(High)

Last 7 days

19.2%

Last 30 days

24.4%

Last 90 days

-2.8%

Trailing 12 Months

-32.8%

How does CDZI drawdown profile look like?

CDZI Financial Health

Current Ratio

2.86

Debt/Equity

1.48

Debt/Cashflow

-0.36

CDZI Investor Care

Shares Dilution (1Y)

1.80%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	3.0M	0	0	0
2023	1.5M	2.2M	1.9M	2.0M
2022	567.0K	611.0K	1.1M	1.5M
2021	566.0K	559.0K	562.0K	564.0K
2020	446.0K	483.0K	512.0K	541.0K
2019	441.0K	443.0K	441.0K	441.0K
2018	437.0K	438.0K	439.0K	440.0K
2017	445.0K	445.0K	436.0K	437.0K
2016	361.0K	431.0K	324.0K	412.0K
2015	356.5K	377.0K	299.0K	304.0K
2014	309.8K	318.5K	327.3K	336.0K
2013	346.8K	331.5K	316.3K	301.0K
2012	593.0K	559.0K	725.0K	362.0K
2011	1.3M	1.5M	1.4M	1.0M
2010	0	879.7K	951.3K	1.0M
2009	0	0	0	808.0K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Cadiz Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 18, 2024	kennedy susan p	bought	56,250	2.25	25,000	ceo
Apr 16, 2024	kennedy susan p	acquired	-	-	700,000	ceo
Apr 11, 2024	kennedy susan p	acquired	-	-	150,000	ceo
Mar 15, 2024	speer stanley e	acquired	-	-	20,124	cfo
Jan 04, 2024	kennedy susan p	bought	18,998	2.8096	6,762	ceo
Jan 02, 2024	dreyfus maria s.	acquired	18,749	2.925	6,410	-
Oct 02, 2023	dreyfus maria s.	acquired	18,750	3.225	5,814	-
Sep 25, 2023	hickox winston h	bought	9,999	3.3	3,030	-
Sep 21, 2023	kennedy susan p	bought	50,155	3.17	15,822	executive director
Jul 13, 2023	slater scott s	bought	49,000	3.5	14,000	chief executive officer

Which funds bought or sold CDZI recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	STATE STREET CORP	added	11.34	353,189	2,658,390	-%
May 15, 2024	Squarepoint Ops LLC	reduced	-28.31	-15,426	44,486	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-44.86	-47,933	63,835	-%
May 15, 2024	BOOTHBAY FUND MANAGEMENT, LLC	added	8.58	792,664	7,153,250	0.14%
May 15, 2024	Tower Research Capital LLC (TRC)	added	345	46,553	59,439	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	107	425,267	796,827	0.02%
May 15, 2024	Voya Investment Management LLC	reduced	-7.71	-2,080	45,002	-%
May 15, 2024	CANTOR FITZGERALD, L. P.	reduced	-20.00	-24,000	116,000	0.03%
May 15, 2024	Royal Bank of Canada	reduced	-52.93	-32,000	31,000	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	32.55	82,672	304,384	-%

Are Funds Buying or Selling CDZI?

Are funds buying CDZI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CDZI

No. of Funds

CDZI Alerts

1 major insider buys recently.

Unveiling Cadiz Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 06, 2024	heerema international group services sa	39.7%	28,398,885	SC 13D/A
Dec 22, 2023	odey asset management llp	0.0%	0	SC 13G/A
Jul 06, 2023	heerema international group services sa	35.5%	23,625,300	SC 13D/A
Feb 02, 2023	heerema international group services sa	35.3%	23,425,300	SC 13D/A
Nov 10, 2022	heerema international group services sa	35.4%	19,750,300	SC 13D/A
Apr 12, 2022	lc capital master fund ltd	1.82%	922,357	SC 13G/A
Mar 29, 2022	heerema international group services sa	35.4%	17,966,965	SC 13D/A
Jan 03, 2022	hoving & partners s.a.	0%	0	SC 13G/A
Dec 03, 2021	heerema international group services sa	34.6%	15,109,823	SC 13D
Apr 12, 2021	blackrock inc.	4.7%	1,811,288	SC 13G

Recent SEC filings of Cadiz Inc

View All Filings

Date Filed	Form Type	Document
May 14, 2024	10-Q	Quarterly Report
Apr 26, 2024	DEF 14A	DEF 14A
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	8-K	Current Report
Apr 19, 2024	8-K	Current Report
Apr 18, 2024	4	Insider Trading
Apr 15, 2024	4	Insider Trading
Apr 12, 2024	PRE 14A	PRE 14A
Apr 02, 2024	8-K	Current Report
Apr 02, 2024	424B5	Prospectus Filed

Peers (Alternatives to Cadiz Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CPK	2.5T	698.2M	12.38%	-8.65%	25.9K	3.6K	3.29%	8.78%
AEP	48.5B	19.3B	13.68%	4.42%	17.21	2.51	-2.13%	41.75%
AWK	26.0B	4.3B	15.28%	-7.60%	27.16	6.05	10.78%	15.26%
AEE	20.1B	7.3B	5.22%	-9.82%	17.41	2.77	-10.88%	5.77%
ATO	17.8B	4.1B	4.20%	1.57%	17.78	4.38	-11.13%	20.48%
NRG	17.6B	28.5B	15.82%	152.13%	10.71	0.62	-9.05%	188.86%
AES	15.0B	12.5B	30.82%	2.17%	-2.3K	1.2	-3.77%	98.49%
AGR	14.5B	8.3B	4.51%	-2.85%	16.29	1.76	0.05%	30.98%
MID-CAP
PNW	8.8B	4.7B	7.53%	-1.39%	16.34	1.87	4.84%	12.15%
ALE	3.6B	1.7B	9.33%	3.71%	15.2	2.12	-1.93%	32.23%
AVA	3.0B	1.9B	12.97%	-11.16%	15.9	1.59	9.47%	35.66%
SMALL-CAP
CWCO	457.0M	187.0M	18.38%	45.61%	14.18	2.44	74.12%	297.37%
CDZI	189.8M	3.0M	24.44%	-32.85%	-6.88	64.06	94.10%	6.65%
VIA	35.5M	415.8M	1.57%	-11.53%	1.49	0.09	-11.16%	525.10%
CREG	8.0M	867.4K	-22.76%	-38.71%	-8.5	9.96	-88.45%	77.17%

Cadiz Inc News

Latest updates

Cadiz Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	68.6%	1,121,000	665,000	368,000	809,000	168,000	574,500	599,000	185,000	142,000	142,000	142,000	141,000	139,000	140,000	139,000	148,000	114,000	111,000	110,000	111,000	109,000
Costs and Expenses	-1.6%	6,029,000	6,129,000	6,127,000	6,393,000	4,282,000	5,516,000	5,043,000	3,577,000	3,927,000	3,953,000	4,309,000	6,478,000	3,336,000	2,412,000	2,633,000	3,194,000	4,056,000	3,023,000	3,066,000	3,351,000	2,990,000
S&GA Expenses	-100.0%	-	4,408,000	5,127,000	5,320,000	3,953,000	4,431,000	3,700,000	3,405,000	3,806,000	3,843,000	4,202,000	6,375,000	3,233,000	2,312,000	2,527,000	3,098,000	3,977,000	2,958,000	2,998,000	3,285,000	2,924,000
EBITDA Margin	43.7%	-7.01	-12.47	-12.76	-10.83	-13.82	-10.60	-13.90	-26.26	-33.61	-32.78	-30.16	-24.83	-18.72	-	-	-	-	-	-	-	-
Interest Expenses	73.4%	1,939,000	1,118,000	1,173,000	1,338,000	1,504,000	2,119,500	2,097,000	2,055,000	1,991,000	1,986,000	2,000,000	4,858,000	2,542,000	4,360,000	1,920,000	1,674,000	3,572,000	4,166,000	4,369,000	4,303,000	4,234,000
Income Taxes	0%	3,000	3,000	4,000	2,000	2,000	2,000	2,000	1,000	2,000	5,000	2,000	1,000	2,000	2,000	2,000	1,000	2,000	2,000	1,000	2,000	1,000
Earnings Before Taxes	-1.4%	-6,847,000	-6,752,000	-6,932,000	-7,062,000	-10,689,000	-7,061,000	-6,541,000	-5,447,000	-5,776,000	-5,797,000	-7,566,000	-11,195,000	-5,739,000	-6,622,000	-4,414,000	-4,719,000	-19,886,000	-7,041,000	-7,258,000	-7,474,000	-7,259,000
EBT Margin	40.5%	-9.31	-15.64	-16.54	-14.58	-19.48	-16.54	-22.06	-40.24	-53.50	-53.72	-55.38	-50.04	-37.98	-	-	-	-	-	-	-	-
Net Income	-1.4%	-6,850,000	-6,755,000	-6,936,000	-7,064,000	-10,691,000	-6,852,000	-6,545,000	-5,483,000	-5,912,000	-5,904,000	-7,839,000	-11,562,000	-5,944,000	-8,017,000	-4,493,000	-4,793,000	-20,514,000	-7,348,000	-7,444,000	-7,476,000	-7,260,000
Net Income Margin	40.4%	-9.32	-15.64	-16.43	-14.49	-19.37	-16.52	-22.33	-41.14	-55.06	-55.41	-59.36	-53.70	-41.07	-	-	-	-	-	-	-	-
Free Cashflow	58.7%	-3,086,000	-7,470,000	-6,104,000	-6,807,000	-6,306,000	-6,169,000	-6,508,000	-5,546,000	-3,752,000	-7,445,000	-4,561,000	-22,840,000	-3,336,000	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	16.9%	126	107	114	121	128	111	104	114	120	112	120	102	90.00	74.00	73.00	71.00	74.00	77.00	74.00	78.00	74.00
Current Assets	206.0%	25.00	8.00	17.00	23.00	29.00	12.00	10.00	16.00	21.00	13.00	21.00	12.00	20.00	8.00	8.00	6.00	11.00	16.00	16.00	20.00	17.00
Cash Equivalents	326.7%	19.00	5.00	13.00	19.00	26.00	10.00	7.00	13.00	19.00	11.00	19.00	11.00	19.00	7.00	8.00	6.00	11.00	16.00	15.00	19.00	16.00
Inventory	30.9%	3.00	2.00	2.00	1.00	-	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	-0.2%	87.00	87.00	86.00	85.00	85.00	84.00	81.00	81.00	79.00	79.00	78.00	76.00	54.00	53.00	53.00	52.00	52.00	50.00	48.00	47.00	47.00
Goodwill	0%	6.00	6.00	6.00	6.00	6.00	6.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Liabilities	31.9%	89.00	67.00	67.00	68.00	67.00	77.00	72.00	75.00	74.00	72.00	73.00	107	103	100	96.00	95.00	94.00	159	160	157	155
Current Liabilities	46.9%	9.00	6.00	6.00	6.00	5.00	6.00	3.00	4.00	4.00	3.00	5.00	2.00	2.00	3.00	3.00	4.00	5.00	5.00	3.00	3.00	3.00
Long Term Debt	43.8%	54.00	38.00	37.00	37.00	37.00	49.00	48.00	48.00	47.00	46.00	46.00	82.00	79.00	79.00	75.00	74.00	72.00	138	141	138	137
LT Debt, Current	-6.0%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LT Debt, Non Current	-100.0%	-	38.00	37.00	37.00	37.00	49.00	48.00	48.00	47.00	46.00	46.00	82.00	79.00	79.00	75.00	74.00	72.00	138	141	138	137
Shareholder's Equity	-8.4%	37.00	40.00	48.00	53.00	61.00	34.00	32.00	39.00	46.00	41.00	47.00	-	-	-	-	-	-	-	-	-	-
Retained Earnings	-1.3%	-647	-639	-631	-623	-615	-603	-595	-587	-580	-573	-566	-556	-545	-539	-531	-526	-522	-501	-494	-486	-479
Additional Paid-In Capital	0.7%	684	679	679	676	675	637	627	626	626	614	613	551	532	514	509	502	502	419	407	407	398
Accumulated Depreciation	-100.0%	-	9.00	-	-	-	8.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	0.5%	67.00	67.00	67.00	67.00	67.00	56.00	51.00	51.00	51.00	44.00	42.00	39.00	38.00	37.00	-	-	-	-	-	-	-
Float	-	-	-	-	142	-	-	-	112	-	-	-	545	-	-	-	346	-	-	-	260	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	47.3%	-2,900	-5,498	-5,502	-5,800	-4,100	-5,225	-5,824	-4,328	-3,222	-5,631	-3,644	-3,176	-2,823	-3,132	-3,277	-2,640	-4,379	-3,004	-3,832	-2,837	-4,035
Share Based Compensation	255.6%	1,259	354	653	163	326	528	492	423	433	611	696	3,293	147	272	273	301	1,250	152	165	123	122
Cashflow From Investing	90.6%	-186	-1,972	-602	-1,007	-2,206	-1,589	-685	-1,218	-630	-1,943	-1,093	-19,786	-650	-2,026	-817	-2,302	-4,693	-1,075	-610	-653	-165
Cashflow From Financing	1456.4%	17,769	-1,310	-1,086	-1,306	21,267	8,589	-1,061	-1,299	10,418	-1,485	22,332	15,477	14,854	4,946	6,028	-8.00	3,908	4,490	233	6,736	7,877
Dividend Payments	-100.0%	-	1,265	1,288	1,265	1,288	1,265	1,288	1,265	1,288	1,449	-	-	-	-	-	-	-	-	-	-	-

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CDZI Income Statement

2024-03-31

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Total revenues	$ 1,121	$ 130
Costs and expenses:
Cost of sales	1,004	22
General and administrative	4,730	3,931
Depreciation	295	329
Total costs and expenses	6,029	4,282
Operating loss	(4,908)	(4,152)
Interest expense, net	(1,939)	(1,336)
Gain on derivative liability	0	130
Loss on early extinguishment of debt	0	(5,331)
Loss before income taxes	(6,847)	(10,689)
Income tax expense	(3)	(2)
Loss from equity-method investments	0	0
Net loss and comprehensive loss	(6,850)	(10,691)
Less: Preferred stock dividend	(1,265)	(1,265)
Net loss and comprehensive loss applicable to common stock	$ (8,115)	$ (11,956)
Basic and diluted net loss per common share (in dollars per share)	$ (0.12)	$ (0.19)
Basic and diluted weighted average shares outstanding (in shares)	66,997	62,638

CDZI Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 19,212	$ 4,502
Accounts receivable	1,581	904
Inventories	2,756	2,106
Prepaid expenses and other current assets	993	508
Total current assets	24,542	8,020
Property, plant, equipment and water programs, net	87,045	87,217
Long-term deposit/prepaid expenses	420	420
Goodwill	5,714	5,714
Right-of-use asset	2,254	431
Long-term restricted cash	134	134
Other assets	5,398	5,438
Total assets	125,507	107,374
Current liabilities:
Accounts payable	2,700	1,245
Accrued liabilities	2,108	1,170
Current portion of long-term debt	171	182
Dividend payable	1,265	1,288
Contingent consideration liabilities	1,450	1,450
Deferred revenue	723	373
Operating lease liabilities	157	127
Total current liabilities	8,574	5,835
Long-term debt, net	54,229	37,711
Long-term lease obligations with related party, net	23,452	22,877
Long-term operating lease liabilities	1,974	318
Deferred revenue	625	625
Other long-term liabilities	42	41
Total liabilities	88,896	67,407
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock	1	1
Common stock - $.01 par value; 85,000,000 shares authorized at March 31, 2024 and December 31, 2023; shares issued and outstanding – 67,283,574 at March 31, 2024 and 66,710,795 at December 31, 2023	671	665
Additional paid-in capital	683,903	679,150
Accumulated deficit	(647,965)	(639,850)
Total stockholders’ equity	36,611	39,967
Total liabilities and stockholders’ deficit	125,507	107,374
Series A Preferred Stock [Member]
Current liabilities:
Dividend payable	1,270
Stockholders’ equity:
Preferred stock	$ 1	$ 1

About Cadiz Inc

Cadiz Inc., together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Treatment Business segments. It offers clean water solutions, such as water supply, including for agriculture and off-property uses; and water storage, conveyance, and treatment solutions. The company also involved in the cultivation of lemons and alfalfa; and provides water filtration solutions for impaired or contaminated groundwater sources. Cadiz Inc. was founded in 1983 and is based in Los Angeles, California.

CEO	Mr. Scott S. Slater
WEBSITE	cadizinc.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	9

Cadiz Inc Frequently Asked Questions

What is the ticker symbol for Cadiz Inc? What does CDZI stand for in stocks?

CDZI is the stock ticker symbol of Cadiz Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cadiz Inc (CDZI)?

As of Wed May 15 2024, market cap of Cadiz Inc is 189.82 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CDZI stock?

You can check CDZI's fair value in chart for subscribers.

What is the fair value of CDZI stock?

You can check CDZI's fair value in chart for subscribers. The fair value of Cadiz Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cadiz Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CDZI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cadiz Inc a good stock to buy?

The fair value guage provides a quick view whether CDZI is over valued or under valued. Whether Cadiz Inc is cheap or expensive depends on the assumptions which impact Cadiz Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CDZI.

What is Cadiz Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 15 2024, CDZI's PE ratio (Price to Earnings) is -6.88 and Price to Sales (PS) ratio is 64.06. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CDZI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cadiz Inc's stock?

In the past 10 years, Cadiz Inc has provided -0.099 (multiply by 100 for percentage) rate of return.