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Cadiz Inc. (CDZIP)

Utilities | Utilities - Regulated Water | Los Angeles, United States | NasdaqGM
22.35 USD +0.10 (0.449%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 22.55 +0.20 (0.895%) ⇧ (July 13, 2026, 4:13 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:★⯪☆☆☆
Hot Take | July 11, 2026, 3:47 a.m. EDT

The investment case here is fundamentally broken. The company is generating negative free cash flow and reporting significant losses, which makes the massive 10% dividend yield a dangerous trap rather than an income opportunity. This payout is likely being funded by debt or capital reserves, not organic earnings, given the negative operating cash flow. From a valuation perspective, the stock trades at a grotesque 120 times book value despite having no earnings to justify such a premium, signaling a severe disconnect between price and reality. While the stock price has recently recovered some ground after a multi-year decline, the underlying business metrics—negative returns on equity and assets—remain deeply impaired. The statistical forecast models also lean slightly negative for the near term, confirming the lack of immediate catalyst. Investors should avoid this security entirely; the apparent 'yield' is a lure masking a deteriorating enterprise.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_97 ✓0.087952
MSTL0.097652
AutoETS0.099945
AutoTheta0.099946
AutoARIMA0.100655

Forecast horizon: 60 days | Selected: MSTL_97

Forecast Reliability
Score 40%
H-stat 17.82
Ljung-Box p 0.000
Jarque-Bera p 0.143
Excess Kurtosis -1.25
Attribute Value
Sector Utilities
Ex Dividend Date 2026-07-01
Last Dividend Date 2026-07-01
Debt to Equity Ratio 753.043
Revenue per Share 0.181
Beta 1.83
Profit Margins -221.43%
Website https://www.cadizinc.com

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.46% 11.01% 12.94%
Dividend History
Date Dividend Yield %
2026-07-02 0.55 2.455357
2026-04-02 0.56 2.860061
2026-01-05 0.55 2.835052
2025-10-03 0.55 2.861603
2025-07-03 0.56 3.268165
2025-04-04 0.55 3.005465
2025-01-03 0.56 3.200000
2024-10-04 0.55 3.644798
2024-07-05 0.56 3.655353
2024-04-03 0.55 4.132231
2024-01-03 0.56 3.408399
2023-10-03 0.55 3.481013
2023-06-30 0.56 3.533123
2023-04-03 0.55 3.412969
2023-01-03 0.56 3.971631
2022-10-03 0.55 3.666667
2022-06-30 0.56 3.111111
2022-04-01 0.55 3.178272
2022-01-05 0.56 3.343284
2021-10-04 0.63 2.555781
Additional Data
dividendRate 2.21
dividendYield 9.93
exDividendDate 2026-07-02
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.55
lastDividendDate 2026-07-02
dividendDate 2026-04-15

Info Dump

Attribute Value
52 Week Change 0.29737604
Address1 550 South Hope Street
Address2 Suite 2850
All Time High 25.22
All Time Low 9.63
Ask 22.35
Ask Size 1
Average Daily Volume10 Day 7,610
Average Daily Volume3 Month 6,642
Average Volume 6,642
Average Volume10Days 7,610
Beta 1.832
Bid 20.5
Bid Size 5
Book Value 0.186
City Los Angeles
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 22.35
Current Ratio 1.877
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 22.65
Day Low 22.2002
Debt To Equity 753.043
Display Name Cadiz
Dividend Date 1,776,211,200
Dividend Rate 2.21
Dividend Yield 9.93
Earnings Timestamp End 1,755,261,000
Earnings Timestamp Start 1,754,915,400
Ebitda -23,555,000
Ebitda Margins -1.57128
Enterprise To Ebitda -84.074
Enterprise To Revenue 132.103
Enterprise Value 1,980,360,448
Eps Trailing Twelve Months -0.834
Esg Populated 0
Ex Dividend Date 1,782,950,400
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 21.7445
Fifty Day Average Change 0.6055012
Fifty Day Average Change Percent 0.027846176
Fifty Two Week Change Percent 29.737604
Fifty Two Week High 24.78
Fifty Two Week High Change -2.4300003
Fifty Two Week High Change Percent -0.09806296
Fifty Two Week Low 16.9
Fifty Two Week Low Change 5.450001
Fifty Two Week Low Change Percent 0.32248527
Fifty Two Week Range 16.9 - 24.78
Financial Currency USD
First Trade Date Milliseconds 1,625,059,800,000
Float Shares 56,322,676
Free Cashflow -21,038,750
Full Exchange Name NasdaqGM
Full Time Employees 31
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.31344998
Gross Profits 4,699,000
Has Pre Post Market Data 1
Industry Utilities - Regulated Water
Industry Disp Utilities - Regulated Water
Industry Key utilities-regulated-water
Ipo Expected Date 2,021-07-08
Ir Website http://cadizinc.com/investor-relations/
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,782,950,400
Last Dividend Value 0.55
Last Fiscal Year End 1,767,139,200
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 State POSTPOST
Max Age 86,400
Message Board Id finmb_294780
Most Recent Quarter 1,774,915,200
Net Income To Common -38,300,000
Next Fiscal Year End 1,798,675,200
Open 22.25
Operating Cashflow -20,796,000
Operating Margins -4.18811
Phone 213 271 1600
Post Market Change 0.19999886
Post Market Change Percent 0.8948495
Post Market Price 22.55
Post Market Time 1,783,973,632
Previous Close 22.25
Price Hint 2
Price To Book 120.16129
Profit Margins -2.2142599
Quick Ratio 1.683
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.10000038
Regular Market Change Percent 0.44943994
Regular Market Day High 22.65
Regular Market Day Low 22.2002
Regular Market Day Range 22.2002 - 22.65
Regular Market Open 22.25
Regular Market Previous Close 22.25
Regular Market Price 22.35
Regular Market Time 1,783,972,800
Regular Market Volume 5,720
Return On Assets -0.1067
Return On Equity -1.11301
Revenue Growth -0.448
Revenue Per Share 0.181
Sand P52 Week Change 0.20847368
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Shares Short 47,848
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 3,896
Short Name Cadiz, Inc. - Depositary Shares
Short Ratio 4.92
Source Interval 15
State CA
Symbol CDZIP
Total Cash 16,535,000
Total Cash Per Share 0.197
Total Debt 117,565,000
Total Revenue 14,991,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.834
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 20.037624
Two Hundred Day Average Change 2.312376
Two Hundred Day Average Change Percent 0.11540171
Type Disp Equity
Volume 5,720
Website https://www.cadizinc.com
Zip 90,071