Cadiz (CDZIP) to Release Earnings on Monday

Cadiz (NASDAQ:CDZIP) is projected to issue its results before the market opens on Monday, March 16th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $4.80 million for the quarter.

Cadiz Stock Performance

Shares of CDZIP stock opened at $19.50 on Monday. Cadiz has a 52 week low of $16.27 and a 52 week high of $20.20. The stock’s fifty day moving average is $19.45 and its 200-day moving average is $19.40.

Cadiz Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Monday, January 5th were given a dividend of $0.55 per share. The ex-dividend date was Monday, January 5th. This represents a $2.20 annualized dividend and a yield of 11.3%.

Cadiz Company Profile

Cadiz, Inc (NASDAQ: CDZIP) is a land and water resource management company focused on developing sustainable water supply solutions in Southern California. The company holds approximately 36,000 acres of desert land in the Mojave Basin, where it has pursued the Cadiz Water Project—a plan to capture and convey groundwater to regional municipal and industrial customers. Cadiz oversees the permitting, design, and construction of conveyance infrastructure, including an engineered pipeline and pumping stations.

In addition to its water development activities, Cadiz operates agricultural ventures on its desert holdings, growing crops such as alfalfa while restoring degraded soils and maintaining native habitat.