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Cadiz Inc. (CDZI)

Utilities | Utilities - Regulated Water | Los Angeles, United States | NasdaqGM
3.99 USD +0.04 (1.013%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 3.99

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:52 a.m. EDT

The investment case here is fundamentally broken. The company is hemorrhaging cash, with operating and free cash flows both deeply negative, while revenue has collapsed by nearly 76%. The balance sheet is precarious, carrying massive debt relative to equity, and the return on equity is catastrophic. While the stock recently rallied off multi-year lows, the underlying business is deteriorating rapidly; the market has already priced in a severe decline, evidenced by the crushing 54% drop over the last nine years. Analyst targets remain artificially high, ignoring the reality of insolvency risks. On the short end, the recent bounce offers a fleeting reprieve, but the heavy put option positioning warns of continued selling pressure. There is no safety margin here, only a speculative gamble on a turnaround that the financials currently do not support.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.088997
AutoARIMA0.098653
AutoETS0.101053
MSTL0.101950

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 41%
H-stat 0.91
Ljung-Box p 0.000
Jarque-Bera p 0.282
Excess Kurtosis -1.13
Attribute Value
Sector Utilities
Debt to Equity Ratio 2571.511
Revenue per Share 0.142
Market Cap 337,861,504
Forward P/E -7.53
Beta 1.87
Website https://www.cadizinc.com

As of Aug. 22, 2026, 2:52 a.m. EDT: Speculators are heavily positioned for downside protection with significant open interest in out-of-the-money puts at strikes of $2.50 and $5.00 across multiple expirations, while call volume remains thin and concentrated at lower strikes. This imbalance suggests a market consensus expecting further weakness rather than a rally, despite the recent price uptick.


Info Dump

Attribute Value
52 Week Change 0.1145252
Address1 550 South Hope Street
Address2 Suite 2850
All Time High 531.25
All Time Low 0.25
Ask 4.01
Ask Size 2
Audit Risk 7
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 980,910
Average Daily Volume3 Month 983,007
Average Volume 983,007
Average Volume10Days 980,910
Beta 1.865
Bid 2.26
Bid Size 2
Board Risk 4
Book Value 0.055
City Los Angeles
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.99
Current Ratio 1.161
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 4.07
Day Low 3.92
Debt To Equity 2,571.511
Display Name Cadiz
Earnings Timestamp End 1,794,513,600
Earnings Timestamp Start 1,794,513,600
Ebitda -26,529,000
Ebitda Margins -2.23987
Enterprise To Ebitda -17.057
Enterprise To Revenue 38.205
Enterprise Value 452,505,536
Eps Current Year -0.555
Eps Forward -0.53
Eps Trailing Twelve Months -0.5
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 213 271 1614
Fifty Day Average 3.622
Fifty Day Average Change 0.36800003
Fifty Day Average Change Percent 0.10160133
Fifty Two Week Change Percent 11.45252
Fifty Two Week High 6.96
Fifty Two Week High Change -2.97
Fifty Two Week High Change Percent -0.42672414
Fifty Two Week Low 2.87
Fifty Two Week Low Change 1.1200001
Fifty Two Week Low Change Percent 0.39024395
Fifty Two Week Range 2.87 - 6.96
Financial Currency USD
First Trade Date Milliseconds 599,841,000,000
Float Shares 56,913,156
Forward Eps -0.53
Forward P E -7.528302
Free Cashflow -20,937,124
Full Exchange Name NasdaqGM
Full Time Employees 31
Fullday Change 0.04
Fullday Change Percent 1.01266
Fullday Price 3.99
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.27136
Gross Profits 3,214,000
Has Pre Post Market Data 1
Held Percent Insiders 0.33167
Held Percent Institutions 0.49852002
Implied Shares Outstanding 84,677,075
Industry Utilities - Regulated Water
Industry Disp Utilities - Regulated Water
Industry Key utilities-regulated-water
Ir Website http://cadizinc.com/investor-relations/
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,071,705,600
Last Split Factor 1:25
Long Business Summary Cadiz Inc., together with its subsidiaries, provides water solutions in the United States. The company operates in two segments, Land and Water Resources; and Water Filtration Technology. It offers water supply, water storage, and water conveyance, and wastewater treatment services, as well as local distribution systems and products. The company also provides water filtration solutions for impaired or contaminated groundwater sources. In addition, it is involved in the cultivation of grain crops, including alfalfa. The company serves public and private water systems, government agencies, and commercial businesses. Cadiz Inc. was founded in 1983 and is based in Los Angeles, California.
Long Name Cadiz Inc.
Market us_market
Market Cap 337,861,504
Market State CLOSED
Max Age 86,400
Message Board Id finmb_294780
Most Recent Quarter 1,782,777,600
Net Income To Common -41,921,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 335,321,217
Number Of Analyst Opinions 3
Open 3.93
Operating Cashflow -26,088,000
Operating Margins -9.024509
Overall Risk 6
Payout Ratio 0.0
Peg Ratio 1.51
Phone 213 271 1600
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 3.99
Post Market Time 1,787,959,804
Previous Close 3.95
Price Eps Current Year -7.189189
Price Hint 4
Price To Book 72.545456
Price To Sales Trailing12 Months 28.525963
Profit Margins 0.0
Quick Ratio 0.885
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.33333
Region US
Regular Market Change 0.04
Regular Market Change Percent 1.01266
Regular Market Day High 4.07
Regular Market Day Low 3.92
Regular Market Day Range 3.92 - 4.07
Regular Market Open 3.93
Regular Market Previous Close 3.95
Regular Market Price 3.99
Regular Market Time 1,787,947,201
Regular Market Volume 663,564
Return On Assets -0.12889
Return On Equity -1.83132
Revenue Growth -0.763
Revenue Per Share 0.142
Sand P52 Week Change 0.20204377
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Share Holder Rights Risk 7
Shares Outstanding 84,677,075
Shares Percent Shares Out 0.104399994
Shares Short 8,836,763
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 9,044,617
Short Name Cadiz, Inc.
Short Percent Of Float 0.1549
Short Ratio 8.68
Source Interval 15
State CA
Symbol CDZI
Target High Price 15.0
Target Low Price 6.0
Target Mean Price 10.33333
Target Median Price 10.0
Total Cash 5,319,000
Total Cash Per Share 0.063
Total Debt 119,961,000
Total Revenue 11,844,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.5
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.76275
Two Hundred Day Average Change -0.77275014
Two Hundred Day Average Change Percent -0.16224873
Type Disp Equity
Volume 663,564
Website https://www.cadizinc.com
Zip 90,071