# Cadiz share price today (Cadiz Inc., CDZI)

> Cadiz Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. CDZI · Utilities · Utilities - Regulated Water · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/cdzi

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## Key numbers

- Price: $3.79 (−28.5% in a year)
- Revenue (Jun 2026): $979 K (−76.3% on a year ago)
- Profit (Jun 2026), incl. one-off: −$12.6 M (one-off item, see below)
- ROE: −169%, FY25

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Cadiz share price today? Cadiz Inc.'s share price was $3.79 at the close on 3 November 2026. That is 12.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $7, and at that close it sat 20% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 4 weeks in a row. Over the last 1 year the share price moved +26% while the S&P 500 moved +21%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Cadiz pay? Cadiz Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Cadiz on? Cadiz is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Cadiz profitable? Cadiz Inc. posted a net loss of $12.6 M in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY25 year was a loss of $39.2 M. That loss is 1,291.0% of the quarter's revenue. The same quarter a year earlier lost $9.0 M. 12 of the last 12 reported quarters were loss-making. Read this profit with care: at −$12.6 M it is bigger than the quarter's whole revenue of $979 K. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −902.5% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does Cadiz make, and is it growing? Cadiz Inc. reported $979 K of revenue in the Jun 2026 quarter, −76.3% on the same quarter a year earlier. Over 4 years it has grown 131.9% a year on average. The last full year, FY25, came in at $16.3 M. The last four reported quarters add to $11.8 M. FY25 revenue was $16.3 M, +69.8% on the year before. Recent pace: the last four quarters grew −21.3% on average, against 131.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −21.3%, against +110.0% a year over the last 8 quarters (rolling over). ## How much of every $100 of sales does Cadiz keep? Cadiz Inc. has almost no sales yet: FY25 revenue was $16.3 M. On sales that small an operating margin is not a useful reading, so this section is left out until sales grow. ## Is Cadiz's profit turning into cash? Cadiz Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $18.9 M of cash, against −$39.2 M of profit. After $7.6 M of spending on assets, free cash was −$26.5 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Cadiz's cash go? Cadiz Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $14.3 M on assets over the last 3 years. Averaged over those years that is 29.2% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $14.3 M over the last 3 years. In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it. ## What is Cadiz's P/E ratio, and how does it compare with its own history? Cadiz Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Cadiz Inc. at 19.7× its FY25 revenue of $16.3 M. The P/E comes back here once profit turns positive. ## Is the Cadiz business getting better or worse? Cadiz Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Cadiz earn on its capital? Cadiz Inc. earned a ROE of −169% in FY25. Its return on capital used (ROIC) is 25.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. The key test, return on capital used minus the cost of capital: −14.0% − 11.8% = −25.8 percentage points. The 11.8% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Cadiz have too much debt? Cadiz Inc. has total debt of $120 M against shareholder equity of $4.7 M as of Jun 2026, so its debt is 25.72× its equity. Year by year, that ratio went from 1.69 in FY21 to 4.48 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Cadiz shareholding pattern? 23.4% of Cadiz Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 10.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Cadiz from balance-sheet trouble? For Cadiz Inc., the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Cadiz rank in its industry? 30.4 out of 100, rank 12 of 13 in Utilities - Regulated Water, with 53% of the evidence available. Cadiz Inc. scores 30.4 out of 100 against the 13 companies it is compared with in Utilities - Regulated Water, ranking 12. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 9.1 + 4.9 + 10 + 6.4 = 30.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Cadiz compared with? Cadiz ranks 12 of 13 Utilities - Regulated Water companies on the 4-Factor Sector Score, with 30.4 out of 100. 1. [American States Water Company](https://www.sectoralpha.in/us/stocks/awr) AWR · turning · Evidence leans up · 79% evidence 63.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.0/35 · Revenue 13.2% · Profit 14.4% · Operating margin change n/a · 76% evidence Capital efficiency 16.2/25 · ROCE 8.9% · Operating margin 29.5% · 76% evidence Valuation 8.4/20 · P/E 22.7× · PEG 1.9 · 65% evidence Relative strength 13.6/20 · Lead over its industry 7.8% · Lead over S&P 500 4.7% · 1 year 16.1% · 100% evidence · 5 of 12 weeks ahead Exact sum: 25 + 16.2 + 8.4 + 13.6 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Essential Utilities, Inc.](https://www.sectoralpha.in/us/stocks/wtrg) WTRG · turning · Evidence leans up · 79% evidence 62.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.9/35 · Revenue 9.9% · Profit -14.1% · Operating margin change n/a · 76% evidence Capital efficiency 13.1/25 · ROCE 4.6% · Operating margin 32.6% · 76% evidence Valuation 15.3/20 · P/E 19.6× · PEG 0.77 · 65% evidence Relative strength 19.4/20 · Lead over its industry 9.6% · Lead over S&P 500 6.1% · 1 year 11.1% · 100% evidence · 7 of 12 weeks ahead Exact sum: 14.9 + 13.1 + 15.3 + 19.4 = 62.7 · What this means: Relative strength against the index is 6.1%, and revenue and profit growth are weak. 3. [The York Water Company](https://www.sectoralpha.in/us/stocks/yorw) YORW · turning · Evidence leans up · 79% evidence 56.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 9.2% · Profit 20% · Operating margin change n/a · 76% evidence Capital efficiency 13.0/25 · ROCE 4.5% · Operating margin 42.8% · 76% evidence Valuation 12.0/20 · P/E 20.9× · PEG 1.24 · 65% evidence Relative strength 7.7/20 · Lead over its industry -1.6% · Lead over S&P 500 -4.8% · 1 year -1.2% · 100% evidence · 5 of 12 weeks ahead Exact sum: 23.7 + 13 + 12 + 7.7 = 56.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [American Water Works Company, Inc.](https://www.sectoralpha.in/us/stocks/awk) AWK · turning · Evidence leans up · 79% evidence 55.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.0/35 · Revenue 6.9% · Profit 4.2% · Operating margin change n/a · 76% evidence Capital efficiency 14.6/25 · ROCE 6% · Operating margin 33% · 76% evidence Valuation 4.7/20 · P/E 22.8× · PEG 3.98 · 65% evidence Relative strength 18.3/20 · Lead over its industry 8.5% · Lead over S&P 500 5% · 1 year 11.9% · 100% evidence · 7 of 12 weeks ahead Exact sum: 18 + 14.6 + 4.7 + 18.3 = 55.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Middlesex Water Company](https://www.sectoralpha.in/us/stocks/msex) MSEX · turning · Evidence leans up · 79% evidence 54.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.6/35 · Revenue 5.6% · Profit 13.9% · Operating margin change n/a · 76% evidence Capital efficiency 13.0/25 · ROCE 4.9% · Operating margin 26.7% · 76% evidence Valuation 6.4/20 · P/E 21.9× · PEG 2.92 · 65% evidence Relative strength 14.3/20 · Lead over its industry 5.1% · Lead over S&P 500 1.8% · 1 year 7.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 20.6 + 13 + 6.4 + 14.3 = 54.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Pure Cycle Corporation](https://www.sectoralpha.in/us/stocks/pcyo) PCYO · quiet · Evidence leans up · 75% evidence 51.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.2/35 · Revenue 17.9% · Profit 7.1% · Operating margin change n/a · 76% evidence Capital efficiency 12.4/25 · ROCE 7.7% · Operating margin n/a · 61% evidence Valuation 11.2/20 · P/E 16.9× · PEG 1.55 · 65% evidence Relative strength 4.8/20 · Lead over its industry -5.5% · Lead over S&P 500 -8.5% · 1 year -3.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 23.2 + 12.4 + 11.2 + 4.8 = 51.6 · What this means: Earnings are strong; relative strength in its sector is -5.5% and the one-year return is -3.6%. 7. [California Water Service Group](https://www.sectoralpha.in/us/stocks/cwt) CWT · basing · Evidence leans down · 79% evidence 45.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.5/35 · Revenue 6.5% · Profit -2.9% · Operating margin change n/a · 76% evidence Capital efficiency 8.6/25 · ROCE 4% · Operating margin 19.8% · 76% evidence Valuation 13.6/20 · P/E 21.9× · PEG 0.89 · 65% evidence Relative strength 11.2/20 · Lead over its industry 4.1% · Lead over S&P 500 0.9% · 1 year 5.4% · 100% evidence · 2 of 12 weeks ahead Exact sum: 12.5 + 8.6 + 13.6 + 11.2 = 45.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. [Artesian Resources Corporation](https://www.sectoralpha.in/us/stocks/artna) ARTNA · basing · Evidence leans down · 79% evidence 44.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 5.4% · Profit 9.1% · Operating margin change n/a · 76% evidence Capital efficiency 11.3/25 · ROCE 4.4% · Operating margin 27.1% · 76% evidence Valuation 7.1/20 · P/E 14.8× · PEG 2.93 · 65% evidence Relative strength 8.2/20 · Lead over its industry 0.2% · Lead over S&P 500 -2.9% · 1 year 1.8% · 100% evidence · 4 of 12 weeks ahead Exact sum: 18.2 + 11.3 + 7.1 + 8.2 = 44.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [H2O America](https://www.sectoralpha.in/us/stocks/hto) HTO · quiet · Evidence leans down · 79% evidence 44.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Revenue 4.9% · Profit 2.9% · Operating margin change n/a · 76% evidence Capital efficiency 9.5/25 · ROCE 3.6% · Operating margin 21.4% · 76% evidence Valuation 11.5/20 · P/E 23.8× · PEG 1.08 · 65% evidence Relative strength 10.5/20 · Lead over its industry 4.4% · Lead over S&P 500 1.4% · 1 year 27.2% · 100% evidence · 5 of 12 weeks ahead Exact sum: 12.9 + 9.5 + 11.5 + 10.5 = 44.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Global Water Resources, Inc.](https://www.sectoralpha.in/us/stocks/gwrs) GWRS · breaking out · Evidence leans down · 79% evidence 43.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/35 · Revenue 15.1% · Profit -33.3% · Operating margin change n/a · 76% evidence Capital efficiency 6.8/25 · ROCE 1.8% · Operating margin 21.4% · 76% evidence Valuation 11.3/20 · P/E 66.4× · PEG 1.06 · 65% evidence Relative strength 11.0/20 · Lead over its industry -1.3% · Lead over S&P 500 -4.6% · 1 year -19.6% · 100% evidence · 11 of 12 weeks ahead Exact sum: 14.1 + 6.8 + 11.3 + 11 = 43.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Companhia de Saneamento Básico do Estado de São Paulo - SABESP](https://www.sectoralpha.in/us/stocks/sbs) SBS · quiet · Evidence leans down · 79% evidence 39.7 out of 100 Growth Capital Valuation Relative
12. Cadiz Inc. this page CDZI · turning · Too little evidence to rank firmly · 53% evidence 30.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.1/35 · Revenue -20% · Profit n/a · Operating margin change n/a · 52% evidence Capital efficiency 4.9/25 · ROCE -22.4% · Operating margin n/a · 61% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 6.4/20 · Lead over its industry -19% · Lead over S&P 500 -22.2% · 1 year -22.7% · 100% evidence · 4 of 12 weeks ahead Exact sum: 9.1 + 4.9 + 10 + 6.4 = 30.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 13. [Consolidated Water Co. Ltd.](https://www.sectoralpha.in/us/stocks/cwco) CWCO · quiet · Most evidence points down · 79% evidence 28.5 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Utilities - Regulated Water](https://www.sectoralpha.in/us/sectors/utilities-regulated-water), all 13 compared on one page. ## Which companies are close to Cadiz in size? Cadiz is the 11th largest of 13 Utilities - Regulated Water companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Middlesex Water Company, The York Water Company, Consolidated Water Co. and Artesian Resources Corporation. Just below it: Pure Cycle Corporation and Global Water Resources, Inc. ### Utilities - Regulated Water companies close in size

1. [Middlesex Water Company](https://www.sectoralpha.in/us/stocks/msex) $1.1 billion
2. [The York Water Company](https://www.sectoralpha.in/us/stocks/yorw) $514 million
3. [Consolidated Water Co. Ltd.](https://www.sectoralpha.in/us/stocks/cwco) $439 million
4. [Artesian Resources Corporation](https://www.sectoralpha.in/us/stocks/artna) $349 million
5. Cadiz Inc. $321 million
6. [Pure Cycle Corporation](https://www.sectoralpha.in/us/stocks/pcyo) $254 million
7. [Global Water Resources, Inc.](https://www.sectoralpha.in/us/stocks/gwrs) $232 million

[All 13 Utilities - Regulated Water companies, largest first](https://www.sectoralpha.in/us/sectors/utilities-regulated-water#all-companies)

### Companies close in size in other industries

1. [CI&T Inc.](https://www.sectoralpha.in/us/stocks/cint) $387 million · Software - Infrastructure
2. [Norwood Financial Corp.](https://www.sectoralpha.in/us/stocks/nwfl) $386 million · Banks - Regional
3. Cadiz Inc. $385 million
4. [Avalo Therapeutics, Inc.](https://www.sectoralpha.in/us/stocks/avtx) $385 million · Biotechnology
5. [Parke Bancorp, Inc.](https://www.sectoralpha.in/us/stocks/pkbk) $383 million · Banks - Regional

## What else do people ask about Cadiz? ### What were Cadiz's latest quarterly results? Cadiz Inc. reported revenue of $979 K and a net loss of $12.6 M for the Jun 2026 quarter. Earnings per share were −$0.15. The operating margin was −902.5%, 762.5 percentage points lower than a year earlier (as of 3 November 2026). ### What is Cadiz's market cap? Cadiz Inc.'s market capitalisation is $321 M at a stock price of $3.79. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Cadiz performing? Cadiz Inc.'s latest readings are below. Over the past 13 weeks it has done better than the S&P 500, for 4 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Cadiz's stock price go up? This page does not forecast Cadiz Inc.'s stock price. What it shows instead: the stock price is $3.79. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### What could break the Cadiz story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Cadiz a stock worth studying right now? What the numbers show: Cadiz Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.