During the last session, Cadiz Inc (NASDAQ:CDZI)’s traded shares were 0.58 million, with the beta value of the company hitting 1.79. At the end of the trading day, the stock’s price was $2.72, reflecting an intraday gain of 9.46% or $0.24. The 52-week high for the CDZI share is $5.68, that puts it down -108.82 from that peak though still a striking 21.69% gain since the share price plummeted to a 52-week low of $2.13. The company’s market capitalization is $222.46M, and the average intraday trading volume over the past 10 days was 0.66 million shares, and the average trade volume was 646.16K shares over the past three months.
Cadiz Inc (NASDAQ:CDZI) trade information
Cadiz Inc (CDZI) registered a 9.46% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.46% in intraday trading to $2.72, hitting a weekly high. The stock’s 5-day price performance is 11.93%, and it has moved by -20.93% in 30 days. Based on these gigs, the overall price performance for the year is 26.51%. The short interest in Cadiz Inc (NASDAQ:CDZI) is 6.79 million shares and it means that shorts have 8.7 day(s) to cover.
Cadiz Inc (CDZI) estimates and forecasts
In the rating firms’ projections, revenue will increase 71.62% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4.49M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 4.17M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.12M and 513k respectively. In this case, analysts expect current quarter sales to grow by 300.09% and then jump by 713.84% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 13.89%. While earnings are projected to return 91.51% in 2025.
CDZI Dividends
Cadiz Inc is due to release its next quarterly earnings on 2025-Mar-27. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Cadiz Inc (NASDAQ:CDZI)’s Major holders
Cadiz Inc insiders own 33.89% of total outstanding shares while institutional holders control 34.88%, with the float percentage being 52.76%. B. RILEY ASSET MANAGEMENT, LLC is the largest shareholder of the company, while 126.0 institutions own stock in it. As of 2024-06-30, the company held over 3.52 million shares (or 5.1978% of all shares), a total value of $10.88 million in shares.
The next largest institutional holding, with 2.79 million shares, is of BLACKROCK INC.’s that is approximately 4.1219% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $8.63 million.
Also, the Mutual Funds coming in first place with the largest holdings of Cadiz Inc (CDZI) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Northern Lights Fd. TRT-Altegris/AACA Opportunistic Real Estate Fd. . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.33 shares. This amounts to just over 1.63 percent of the company’s overall shares, with a $3.63 million market value. The same data shows that the other fund manager holds slightly less at 1.22, or about 1.49% of the stock, which is worth about $3.32 million.
