C

    Cadiz Inc (CDZI)

    Official site

    UTILITIES • UTILITIES - REGULATED WATER • NASDAQ

    $3.97
    -0.02 (-0.50%)

    Market Cap: $336.17M

    Last updated: Sep 01, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    9%(3/34)
    Avg Surprise
    -126.80%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$-0.13
    Range$-0.13 - $-0.13
    1 analysts
    EPS Revisions
    1
    0
    7d
    1
    1
    30d
    EPS Estimate Drift
    90d ago$-0.10+20.5%
    60d ago$-0.10+20.5%
    30d ago$-0.11+17.9%
    7d ago$-0.10+20.5%
    Current$-0.13
    Revenue Consensus
    $2M
    Range$2M - $2M
    1 analysts
    Period ending Dec 31, 2026
    EPS Consensus$-0.22
    Range$-0.22 - $-0.22
    1 analysts
    Revenue Consensus
    $-3198670
    Range$-3198670 - $-3198670
    1 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$-0.22---
    Sep 26EST
    -$-0.13---
    Jun 26
    Reported Aug 13
    $-0.15$-0.10-50.00%Miss-36.4%
    Mar 26
    Reported May 14
    $-0.12$-0.11-12.46%Miss+14.3%
    Dec 25
    Reported Mar 30
    $-0.13$-0.11-18.18%Miss+5.0%
    Sep 25
    Reported Nov 13
    $-0.10$-0.09-11.11%Miss+16.7%
    Jun 25
    Reported Aug 13
    $-0.11$-0.09-22.22%Miss+26.7%
    Mar 25
    Reported May 14
    $-0.14$-0.11-27.27%Miss-15.6%
    Dec 24
    Reported Mar 28
    $-0.14$-0.08-71.13%Miss-13.5%
    Sep 24
    Reported Nov 13
    $-0.12$-0.11-9.09%Miss+2.5%
    Jun 24
    Reported Aug 13
    $-0.15$-0.10-50.00%Miss-19.6%
    Mar 24
    Reported May 14
    $-0.12$0.03-545.22%Miss+36.6%
    Dec 23
    Reported Mar 28
    $-0.12$-0.06-101.00%Miss+19.6%
    Sep 23
    Reported Nov 13
    $-0.12$-0.06-105.17%Miss+17.9%
    Jun 23
    Reported Aug 10
    $-0.13$-0.06-109.00%Miss+3.5%
    Mar 23
    Reported May 15
    $-0.19$-0.08-138.63%Miss-19.3%
    Dec 22
    Reported Mar 30
    $-0.15$-0.10-50.00%Miss+6.3%
    Sep 22
    Reported Nov 14
    $-0.15$-0.14-7.14%Miss+21.1%
    Jun 22
    Reported Aug 12
    $-0.13$-0.10-30.00%Miss+56.7%
    Mar 22
    Reported May 12
    $-0.16$-0.16+0.00%Beat+0.0%
    Dec 21
    Reported Mar 29
    $-0.16$-0.13-23.08%Miss+30.4%
    Sep 21
    Reported Nov 12
    $-0.19$-0.12-58.33%Miss-46.2%
    Jun 21
    Reported Aug 13
    $-0.30$-0.20-50.00%Miss-114.3%
    Mar 21
    Reported May 17
    $-0.16$-0.14-14.29%Miss+40.7%
    Dec 20
    Reported Mar 26
    $-0.23$-0.01-2200.00%Miss+11.5%
    Sep 20
    Reported Nov 5
    $-0.13$-0.03-333.33%Miss+53.6%
    Jun 20
    Reported Aug 7
    $-0.14$-0.13-7.69%Miss+50.0%
    Mar 20
    Reported May 7
    $-0.27$-0.19-42.11%Miss+18.2%
    Dec 19
    Reported Mar 13
    $-0.26$-0.20-30.00%Miss+21.2%
    Sep 19
    Reported Nov 12
    $-0.28$-0.20-40.00%Miss-7.7%
    Jun 19
    Reported Aug 8
    $-0.28$-0.28+0.00%Beat-12.0%
    Mar 19
    Reported May 9
    $-0.33N/AN/ABeat-26.9%
    Dec 18
    Reported Mar 18
    $-0.33N/AN/ABeat-6.5%
    Sep 18
    Reported Nov 8
    $-0.26N/AN/ABeat+0.0%
    Jun 18
    Reported Aug 6
    $-0.25$0.00N/ABeat+44.4%
    Mar 18
    Reported May 9
    $-0.26$0.00N/ABeat+21.2%
    Dec 17
    Reported Mar 14
    $-0.31$-0.25-24.00%Miss+8.8%
    Sep 17
    Reported Nov 8
    $-0.26$-0.26+0.00%Beat+7.1%
    Jun 17
    Reported Aug 9
    $-0.45$-0.26-73.08%Miss-
    Mar 17
    Reported May 9
    $-0.33$-0.26-26.92%Miss-
    Dec 16
    Reported Mar 16
    $-0.34$-0.26-30.77%Miss-
    Sep 16
    Reported Nov 9
    $-0.28N/AN/ABeat-

    Key Metrics

    Valuation
    P/E Ratio-7.94EV/EBITDA-25.12x
    Price/FCF-10.70xFCF Yield-9.35%
    Profitability
    Profit Margin0.00%Operating Margin-902.00%
    ROE-183.10%ROIC-28.70%
    Financial Health
    Debt/Equity19.12xInterest Coverage-2.71x
    Current Ratio1.16xQuick Ratio0.96x
    Trading Statistics
    Beta1.86Avg Volume798.60K
    52-Week High$6.9652-Week Low$2.87

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$3.77
    SMA 20$3.57
    SMA 50$3.62
    SMA 200$4.76
    EMA 10$3.82
    EMA 20$3.67
    EMA 50$3.71
    EMA 200$4.27

    MACD

    Line: 0.13Signal: 0.05Hist: 0.08

    ADX

    ADX: 19.3+DI: 28.1-DI: 17.1

    Aroon & PSAR

    Aroon Up88.0
    Aroon Down8.0
    PSAR$3.39

    Bollinger Bands

    Upper Band$4.18
    Lower Band$2.96
    %B Position3434%(Upper)
    Band Width0.83

    RSI (14-Day)

    Neutral
    60.7

    Momentum Oscillators

    Stoch %K74.8
    Stoch %D77.4
    Williams %R-25.2
    ROC (10d)24.1%
    Momentum0.77
    CCI (20d)109.9
    MFI (14d)74.2

    Volatility Measures

    ATR (14d)$0.24(6.2%)
    StdDev (20d)0.31
    Hist Vol65.3%(High)

    Volume Flow

    VWAP$3.98
    OBV8.1M
    AD Line-16.6M
    CMF (20d)0.167

    Volume Metrics

    Avg Vol (20d)813.8K
    Vol Ratio1.4x
    VWMA (20d)$3.67

    Pivot Points

    R3$4.22
    R2$4.15
    R1$4.07
    Pivot Point$3.99
    S1$3.91
    S2$3.84
    S3$3.76

    Advanced Oscillators

    TSI14.90
    Ultimate Osc54.3
    KST89.28

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$979,000$1.63M$5.08M$4.15M$4.13M$2.95M$4.75M$3.22M$513,000$1.12M$684,000$368,000
    Cost of Revenue$1.00M$1.21M$3.40M$3.02M$2.67M$2.08M$3.03M$2.41M$852,000$1.00M$1.41M$692,000
    Gross Profit$-24,000$425,000$1.68M$1.13M$1.46M$876,000$1.72M$815,000$-339,000$117,000$-721,000$-324,000
    Operating Expenses$8.81M$7.26M$9.07M$6.03M$7.24M$8.41M$8.34M$5.58M$6.61M$5.03M$4.72M$5.43M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$8.42M$6.88M$8.72M$5.73M$6.93M$8.11M$8.04M$5.28M$6.30M$4.73M$4.42M$5.13M
    Operating Income$-8,835,000$-6,835,000$-7,392,000$-4,896,000$-5,777,000$-7,533,000$-6,625,000$-4,767,000$-6,949,000$-4,908,000$-5,445,000$-5,759,000
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$2.90M$2.46M$2.40M$2.17M$1.95M$2.06M$2.00M$2.02M$1.92M$1.94M$1.31M$1.17M
    Income Before Tax$-11,370,000$-8,633,000$-9,753,000$-7,069,000$-7,728,000$-9,590,000$-8,622,000$-6,790,000$-8,870,000$-6,847,000$-6,752,000$-6,932,000
    Income Tax Expense$4,000$3,000$3,000$3,000$2,000$3,000$3,000$3,000$2,000$3,000$3,000$4,000
    Net Income$-11,374,000$-8,636,000$-9,756,000$-7,072,000$-7,730,000$-9,593,000$-8,625,000$-6,793,000$-8,872,000$-6,850,000$-6,755,000$-6,936,000
    EBITDA$-7,343,000$-5,182,000$-6,479,000$-4,111,000$-5,013,000$-6,784,000$-5,899,000$-4,077,000$-6,269,000$-4,311,000$-5,031,000$-5,356,000
    EBIT$-8,473,000$-6,168,000$-7,392,000$-4,896,000$-5,777,000$-7,533,000$-6,625,000$-4,767,000$-6,949,000$-4,908,000$-5,445,000$-5,759,000
    * Some calculated fields are derived from available data when not provided by source

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    Colorado River overallocated under the 1922 Compact, Lake Mead and Lake Powell are roughly 75% below peak volumes, and Lake Powell faces its lowest inflow since 1963, raising federal intervention risk and forced cuts Federal intervention and allocation cuts will force SoCa municipal and industrial users to pursue alternative baseload supplies, underground banking and private water infrastructure, creating demand for service providers TPL blueprint validated the model - Permian generates ~20M barrels/day of produced water, TPL targeting 100k bpd desal by 2027, monetizing disposal fees and recycled water for agriculture as a high-margin business Cadiz Inc (CDZI), market cap ~ $400M, is a high-risk California tollgate play on regional water scarcity, positioned for asymmetric upside in a constrained allocation environment Investment posture - treat CDZI as speculative, maintain low position sizes, track catalysts including federal allocation rulings, reservoir levels, permitting outcomes, and TPL desal scaling execution

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    News

    Frequently Asked Questions About CDZI

    Does CDZI pay dividends?
    Cadiz Inc (CDZI) does not currently pay a regular dividend.
    What is CDZI's market cap?
    Cadiz Inc (CDZI) has a market capitalization of $336.17M with a current stock price of $3.97.

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