What is Roth Capital's Forecast for Cadiz FY2025 Earnings?

Cadiz Inc. (NASDAQ:CDZI - Free Report) - Analysts at Roth Capital lowered their FY2025 earnings per share estimates for Cadiz in a research report issued to clients and investors on Thursday, May 22nd. Roth Capital analyst G. Sweeney now expects that the company will post earnings per share of $0.24 for the year, down from their previous estimate of $0.28. Roth Capital currently has a "Buy" rating and a $10.00 price objective on the stock. The consensus estimate for Cadiz's current full-year earnings is ($0.47) per share. Roth Capital also issued estimates for Cadiz's Q4 2025 earnings at $0.53 EPS.

Cadiz (NASDAQ:CDZI - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.03). The firm had revenue of $2.95 million for the quarter, compared to analysts' expectations of $4.77 million. Cadiz had a negative return on equity of 93.78% and a negative net margin of 528.15%.

Separately, Wall Street Zen raised Cadiz to a "sell" rating in a report on Wednesday, March 5th.

Cadiz Stock Performance

Shares of CDZI stock traded up $0.17 during mid-day trading on Monday, hitting $2.96. 340,336 shares of the stock were exchanged, compared to its average volume of 401,495. The stock's fifty day simple moving average is $2.82 and its two-hundred day simple moving average is $3.82. The stock has a market capitalization of $241.94 million, a price-to-earnings ratio of -5.78 and a beta of 1.77. Cadiz has a 12-month low of $2.13 and a 12-month high of $5.68. The company has a debt-to-equity ratio of 3.88, a quick ratio of 0.87 and a current ratio of 1.36.

Hedge Funds Weigh In On Cadiz

Hedge funds and other institutional investors have recently bought and sold shares of the company. Whitefort Capital Management LP purchased a new stake in shares of Cadiz in the fourth quarter valued at about $19,344,000. Levin Capital Strategies L.P. increased its stake in shares of Cadiz by 4.7% during the first quarter. Levin Capital Strategies L.P. now owns 3,066,380 shares of the company's stock worth $8,984,000 after acquiring an additional 136,528 shares during the period. Alyeska Investment Group L.P. purchased a new stake in Cadiz in the 1st quarter valued at approximately $8,016,000. American Assets Capital Advisers LLC increased its position in Cadiz by 5.6% during the 4th quarter. American Assets Capital Advisers LLC now owns 2,384,208 shares of the company's stock worth $12,398,000 after purchasing an additional 126,000 shares during the period. Finally, American Assets Investment Management LLC raised its stake in shares of Cadiz by 1,158.1% during the 1st quarter. American Assets Investment Management LLC now owns 1,897,217 shares of the company's stock worth $5,559,000 after buying an additional 1,746,416 shares in the last quarter. 79.75% of the stock is currently owned by hedge funds and other institutional investors.

Cadiz Company Profile

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.