Cadiz Inc. (CDZIP) Stock

Cadiz Inc. (CDZIP) is a Utilities stock trading at $22.19 (as of 2026-08-21), with a market capitalization of $1.88B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Cadiz Inc. operates as a natural resources development company focused on water resource and agricultural development on properties in San Bernardino County, California. It owns about 35,000 acres in the Cadiz and Fenner valleys and about 11,000 acres in the eastern Mojave Desert portion, and is involved in lemon cultivation and spring and fall plantings of vegetables and grains.

Understand Cadiz Inc.: how it makes money

Cadiz Inc. develops water resources and agriculture on its land holdings in California, creating value through its water-resource development activities and cultivation operations.

The profit model is structurally driven by the scale of Cadiz Ranch aquifer water and the acreage it controls, since its core activities (water resource development and farming) are tied to those specific resources and properties.

Business quality (Weak): Clear core resource footprint (acreage and aquifer-focused metrics), but limited disclosure structure here (no reportable segments provided) and recent profitability metrics show a large operating loss.

Bull case

  • Resource and land control: It owns approximately 35,000 acres in the Cadiz and Fenner valleys and approximately 11,000 acres in the eastern Mojave Desert portion of San Bernardino County.
  • Aquifer-focused operating visibility: It tracks an 'Estimated Water Already Stored in the Aquifer Cadiz Ranch' metric (30,000,000).
  • Agricultural activities on its properties: It is involved in the cultivation of lemons, and spring and fall plantings of vegetables and grains.

Bear case

  • Large operating loss: For the quarter ended 2026-03-31, operating margin is -418.8% in the provided dataset.
  • Development-cycle and execution risk: Because the business depends on water resource and agricultural development across its specific San Bernardino County properties, progress is exposed to long development timelines and operational uncertainties.
  • Thin segment visibility: No official reportable segments are provided in this dataset, which limits clarity on how different activities contribute to results.
Valuation — source: SEC EDGAR (first-party)
Price$22.19
Market Cap$1.88B
Price / Book402.78
Price / Sales223.90
FCF Yield-2.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$16.31M
Net Margin-209.3%
Revenue Growth (YoY)69.8%
EPS Growth (YoY)-9.4%
FCF Growth (YoY)18.0%
Financial Health — source: SEC EDGAR
Altman Z-Score2.10 (grey)
Piotroski F-Score3/9 (weak)
Valuation vs Sector & Industry
Sector P/E (Utilities)20.8
Industry P/E (Utilities)20.1
Company
SectorUtilities
IndustryUtilities
CEOSusan Kennedy
Employees25
CountryUS
IPO Date2021-06-30

Related Companies (Business model: Regulated Utility (Electric / Gas); 8 closest by market cap; US-domiciled)

  • Essential Utilities, Inc. (WTRG)
  • American States Water Company (AWR)
  • California Water Service Group (CWT)
  • H2O America (HTO)
  • Middlesex Water Company (MSEX)
  • The York Water Company (YORW)
  • Artesian Resources Corporation (ARTNA)
  • Pure Cycle Corporation (PCYO)
CDZIP earnings history · CDZIP institutional & insider holders · CDZIP KPIs & operating metrics · CDZIP financials · CDZIP investor presentations & press releases · CDZIP SEC filings · CDZIP peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.