Cadiz Inc (NASDAQ:CDZI)’s traded shares stood at 0.35 million during the last session, with the company’s beta value hitting 0.94. At the close of trading, the stock’s price was $4.95, to imply a decrease of -1.39% or -$0.07 in intraday trading. The CDZI share’s 52-week high remains $5.68, putting it -14.75% down since that peak but still an impressive 57.17% since price per share fell to its 52-week low of $2.12. The company has a valuation of $372.16M, with an average of 0.64 million shares in intraday trading volume over the past 10 days and average of 655.08K shares over the past 3 months.
Cadiz Inc (NASDAQ:CDZI) trade information
After registering a -1.39% downside in the last session, Cadiz Inc (CDZI) has traded red over the past five days. The 5-day price performance for the stock is 0.20%, and 3.77% over 30 days. With these gigs, the year-to-date price performance is -4.81%. Short interest in Cadiz Inc (NASDAQ:CDZI) saw shorts transact 5.71 million shares and set a 7.8 days time to cover.
Revenue forecast for the current quarter as set by 1 analysts is 8.44M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 4.57M.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 12.65% for the past 5-year period. While 2025 is set for a 16.38% return in earnings, projections for the next 5 years are at 15.49% annually.
CDZI Dividends
Cadiz Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Cadiz Inc (NASDAQ:CDZI)’s Major holders
Cadiz Inc insiders hold 36.80% of total outstanding shares, with institutional holders owning 44.03% of the shares at 69.66% float percentage. In total, 44.03% institutions holds shares in the company, led by B. RILEY ASSET MANAGEMENT, LLC. As of 2024-06-30, the company held over 3.52 million shares (or 5.2578% of shares), all amounting to roughly $10.88 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 2.79 million shares, or about 4.1695% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $8.63 million.
We also have Vanguard Total Stock Market Index Fund and Northern Lights Fd Tr-Altegris/AACA Opportunistic Real Estate Fd as the top two Mutual Funds with the largest holdings of the Cadiz Inc (CDZI) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 1.33 shares. This is just over 1.77% of the total shares, with a market valuation of $6.6 million. Data from the same date shows that the other fund manager holds a little less at 1.28, or 1.71% of the shares, all valued at about 6.35 million.
