FY2025 Earnings Estimate for Cadiz Issued By Roth Capital

Cadiz Inc. (NASDAQ:CDZI - Free Report) - Roth Capital decreased their FY2025 earnings per share estimates for shares of Cadiz in a report released 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 has a "Buy" rating and a $10.00 price target 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.

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

Cadiz Stock Performance

CDZI traded down $0.02 during mid-day trading on Monday, reaching $2.94. 141,665 shares of the company traded hands, compared to its average volume of 584,872. The stock has a market capitalization of $240.55 million, a P/E ratio of -5.86 and a beta of 1.77. The company has a quick ratio of 0.87, a current ratio of 1.36 and a debt-to-equity ratio of 3.88. The company's fifty day moving average price is $2.81 and its 200-day moving average price is $3.81. Cadiz has a 52-week low of $2.13 and a 52-week high of $5.68.

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

Institutional Trading of Cadiz

Several large investors have recently added to or reduced their stakes in the business. Whitefort Capital Management LP bought a new position in shares of Cadiz during the 4th quarter valued at approximately $19,344,000. Levin Capital Strategies L.P. increased its position in shares of Cadiz by 4.7% during the 1st quarter. Levin Capital Strategies L.P. now owns 3,066,380 shares of the company's stock valued at $8,984,000 after purchasing an additional 136,528 shares during the last quarter. Alyeska Investment Group L.P. purchased a new stake in shares of Cadiz in the first quarter valued at $8,016,000. American Assets Capital Advisers LLC lifted its stake in Cadiz by 5.6% in the fourth 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 last quarter. Finally, American Assets Investment Management LLC boosted its holdings in 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 valued at $5,559,000 after acquiring an additional 1,746,416 shares during the period. 79.75% of the stock is currently owned by institutional investors.

About Cadiz

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.