Equities Analysts Offer Predictions for Cadiz Inc.’s Q1 2021 Earnings (NASDAQ:CDZI)

Cadiz Inc. (NASDAQ:CDZI) – B. Riley issued their Q1 2021 earnings per share (EPS) estimates for Cadiz in a note issued to investors on Monday, April 12th. B. Riley analyst M. Crawford forecasts that the company will post earnings of ($0.14) per share for the quarter. B. Riley has a “Buy” rating on the stock. B. Riley also issued estimates for Cadiz’s Q2 2021 earnings at ($0.15) EPS, Q3 2021 earnings at ($0.12) EPS, Q4 2021 earnings at ($0.12) EPS, FY2021 earnings at ($0.53) EPS, FY2022 earnings at ($0.59) EPS, FY2023 earnings at $0.25 EPS and FY2024 earnings at $0.81 EPS.

NASDAQ CDZI opened at $10.48 on Thursday. The firm has a 50-day moving average price of $10.17 and a two-hundred day moving average price of $10.34. Cadiz has a 12-month low of $8.30 and a 12-month high of $12.55.

Institutional investors have recently modified their holdings of the company. Citigroup Inc. lifted its holdings in shares of Cadiz by 212.3% during the 4th quarter. Citigroup Inc. now owns 4,481 shares of the company’s stock worth $48,000 after acquiring an additional 3,046 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Cadiz by 47.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,107 shares of the company’s stock valued at $129,000 after purchasing an additional 3,870 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Cadiz by 83.2% in the 4th quarter. JPMorgan Chase & Co. now owns 13,617 shares of the company’s stock valued at $145,000 after purchasing an additional 6,183 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Cadiz by 50.0% in the 4th quarter. The Manufacturers Life Insurance Company now owns 17,607 shares of the company’s stock valued at $188,000 after purchasing an additional 5,867 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new position in Cadiz in the 4th quarter valued at approximately $198,000. 18.30% of the stock is owned by institutional investors.

Cadiz Company Profile

Cadiz Inc operates as a natural resources development company in the United States. It engages in the water resource and agricultural development activities in San Bernardino County properties. The company owns approximately 35,000 acres of land in the Cadiz and Fenner valleys of eastern San Bernardino County; and approximately 11,000 acres of land in the eastern Mojave Desert portion of San Bernardino County.

See Also: How Does the Quiet Period Work?

Receive News & Ratings for Cadiz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadiz and related companies with MarketBeat.com's FREE daily email newsletter.

Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit