CadizCDZI
CDZI
About: Cadiz Inc is a water solutions provider, dedicated to delivering clean, reliable, and affordable water for people. It provides water solutions with a combination of land, water, pipeline, and water filtration assets located in Southern California between key water systems serving population centers in the Southwestern United States. The company operates in two reportable segments; Land and Water Resources segment, which derives key revenue, and comprises all activities regarding its properties in the eastern Mojave Desert, pre-revenue development of the Mojave Groundwater Bank (supply, storage, and conveyance), and agricultural operations; and the Water Filtration Technology segment, which provides water filtration solutions for impaired or contaminated groundwater sources.
Employees: 25
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
95% more capital invested
Capital invested by funds: $72.4M [Q3] → $141M (+$68.8M) [Q4]
75% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 7 (+3) [Q4]
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
15% more funds holding
Funds holding: 82 [Q3] → 94 (+12) [Q4]
0.92% more ownership
Funds ownership: 35.21% [Q3] → 36.13% (+0.92%) [Q4]
28% less call options, than puts
Call options by funds: $552K | Put options by funds: $764K
Research analyst outlook
We haven’t received any recent analyst ratings for CDZI.
Financial journalist opinion
Neutral
Seeking Alpha
2 weeks ago
Cadiz: Are The Preferreds Back In Play?
Cadiz is facing intense free cash burn as its plan to extract water from an aquifer in California faces environmental opposition. The Mojave Groundwater Bank project faces an uncertain future, with no clear pathway yet to come online. Common shareholders face continued dilution, while the preferreds offer a 12.8% yield on cost.
Positive
Benzinga
4 weeks ago
Top 3 Utilities Stocks That May Rocket Higher This Quarter
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Negative
Zacks Investment Research
1 month ago
Cadiz (CDZI) Reports Q4 Loss, Misses Revenue Estimates
Cadiz (CDZI) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.12 per share a year ago.
Neutral
PRNewsWire
1 month ago
Cadiz Inc. Declares Quarterly Dividend for Q1 2025 on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES , March 24, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock"). Holders of Series A Preferred Stock will receive a cash dividend equal to $550.00 per whole share.
Neutral
PRNewsWire
1 month ago
Cadiz to Present at the 37th Annual ROTH Conference
Chairman and CEO Susan Kennedy to Participate in Conference's Water Infrastructure Panel LOS ANGELES , March 14, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, announced today that the Company will participate in the 37th Annual ROTH Conference being held Sunday, March 16th to Tuesday, March 18th at the Laguna Cliffs Marriott Resort in Dana Point, CA. Cadiz's Chairman and CEO Susan Kennedy will participate in a Water Infrastructure Panel on Monday, March 17 at 3:00pm PT moderated by ROTH Sr. Research Analyst and Managing Director Gerard Sweeney.
Neutral
PRNewsWire
1 month ago
Cadiz Inc. Announces $20 Million Registered Direct Offering
LOS ANGELES , March 7, 2025 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI/CDZIP) (the "Company"), a California water solutions company, today announced that it has entered into a placement agent agreement for the purchase and sale of an aggregate of 5,715,000 shares of its common stock in a registered direct offering (the "Offering") at a price of $3.50 per share. The aggregate gross proceeds to the Company from the Offering are expected to be approximately $20 million, before deducting the placement agent's fees and other offering expenses payable by the Company.
Neutral
PRNewsWire
1 month ago
Cadiz Signs Letter of Agreement with a Lead Investor for an Investment of up to $175 Million in Mojave Groundwater Bank Project
LOS ANGELES , March 4, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that the Company has entered into a Letter of Agreement ("LOA") with a lead investor to invest up to $175 million in the Mojave Groundwater Storage Company, LLC ("MGSC"), a new entity established by Cadiz for purposes of construction, ownership, and operation of Cadiz's groundwater banking project in the Mojave Desert (the "Mojave Groundwater Bank") and related projects. Under the terms of the LOA, the investor, a publicly traded company focused on investing in water infrastructure projects, will act as lead investor (the "Lead Investor") in the newly formed MGSC, and will invest up to $175 million in the MGSC.
Neutral
PRNewsWire
2 months ago
Cadiz Selects Stantec to Serve as Owner's Engineer for the Mojave Groundwater Bank Project
The $800M groundwater bank will be the largest new water infrastructure project in the Southwest LOS ANGELES , Feb. 25, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that it has entered into an agreement with Stantec Inc. (NYSE: STN), a global leader in sustainable design and engineering, to oversee development and construction of the Mojave Groundwater Bank project, the largest new water storage and supply project being developed in California's Mojave Desert. Once complete, the project will provide 2.5 million acre-feet of new water supply, 1 million acre-feet of underground storage capacity and a pipeline network spanning more than 350 miles between the Colorado River and California Aqueducts.
Positive
Seeking Alpha
2 months ago
Arbutus, Burford Capital, And Cadiz With Chris DeMuth Jr.
Chris DeMuth, Jr. shares some of his current top picks. Arbutus Biopharma is a promising investment due to its potential litigation value from IP claims against Pfizer and Moderna related to COVID-19 vaccine technology.
Neutral
PRNewsWire
3 months ago
Cadiz Announces January 2025 Corporate Update Investor Call
Chairman and CEO Susan Kennedy to Host Call on January 22 at 11:00am ET, Review 2024 Milestones and 2025 Objectives LOS ANGELES , Jan. 15, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, announced today that it will host a quarterly Corporate Update Call for investors on Wednesday, January 22, 2025 at 11:00am ET. Susan Kennedy, Chairman and CEO of Cadiz, will deliver prepared remarks to review Cadiz's 2024 milestone achievements and outline the Company's objectives for 2025.
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