B. Riley Comments on Cadiz’s Q1 Earnings (NASDAQ:CDZI)

Cadiz Inc. (NASDAQ:CDZI) – Equities researchers at B. Riley decreased their Q1 2025 EPS estimates for Cadiz in a research report issued to clients and investors on Sunday, March 30th. B. Riley analyst M. Crawford now anticipates that the company will post earnings per share of ($0.11) for the quarter, down from their prior estimate of ($0.09). The consensus estimate for Cadiz’s current full-year earnings is ($0.47) per share. B. Riley also issued estimates for Cadiz’s Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.09) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.37) EPS, Q1 2026 earnings at ($0.11) EPS, Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.10) EPS, Q4 2026 earnings at ($0.06) EPS and FY2026 earnings at ($0.37) EPS.

Separately, StockNews.com upgraded shares of Cadiz to a “sell” rating in a research report on Wednesday, March 5th.

Cadiz Stock Performance

NASDAQ:CDZI opened at $2.95 on Wednesday. The stock has a market cap of $224.09 million, a P/E ratio of -5.78 and a beta of 0.96. 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 business’s 50-day moving average price is $4.19 and its two-hundred day moving average price is $3.94. Cadiz has a twelve month low of $2.12 and a twelve month high of $5.68.

Cadiz (NASDAQ:CDZI) last issued its quarterly earnings data on Friday, March 28th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.06). Cadiz had a negative return on equity of 93.78% and a negative net margin of 528.15%. The business had revenue of $4.75 million during the quarter, compared to analysts’ expectations of $8.44 million.

Institutional Trading of Cadiz

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Whitefort Capital Management LP bought a new position in Cadiz in the fourth quarter valued at $19,344,000. B. Riley Financial Inc. boosted its holdings in shares of Cadiz by 825.2% in the 4th quarter. B. Riley Financial Inc. now owns 1,733,972 shares of the company’s stock worth $9,017,000 after purchasing an additional 1,546,554 shares in the last quarter. Rangeley Capital LLC purchased a new position in shares of Cadiz in the 4th quarter worth about $3,432,000. Bank of America Corp DE increased its position in shares of Cadiz by 911.7% during the 4th quarter. Bank of America Corp DE now owns 630,394 shares of the company’s stock valued at $3,278,000 after purchasing an additional 568,084 shares during the last quarter. Finally, Gratia Capital LLC purchased a new position in shares of Cadiz during the 4th quarter valued at about $1,664,000. Hedge funds and other institutional investors own 79.75% of the company’s stock.

Cadiz Company Profile

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.