Cedar Realty Trust, Inc. is a fully-integrated real estate investment trust which focuses on the ownership, operation and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The Company's portfolio (excluding properties treated as "held for sale") comprises 58 properties, with approximately 8.7 million square feet of gross leasable area. For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company's website at www.cedarrealtytrust.com.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:CDR
CUSIP15060220
Phone516-767-6492
Debt
Debt-to-Equity Ratio1.54
Current Ratio1.11
Quick Ratio1.11
Price-To-Earnings
Trailing P/E Ratio8.20
Forward P/E Ratio7.64
P/E GrowthN/A
Sales & Book Value
Annual Sales$146.01 million
Price / Sales2.82
Cash Flow$0.6325 per share
Price / Cash7.13
Book Value$4.63 per share
Price / Book0.97
Profitability
EPS (Most Recent Fiscal Year)$0.55
Net Income$19.14 million
Net Margins3.25%
Return on Equity1.20%
Return on Assets0.40%
Miscellaneous
Employees76
Outstanding Shares91,210,000
Market Cap$415.01 million
Cedar Realty Trust (NYSE:CDR) Frequently Asked Questions
What is Cedar Realty Trust's stock symbol?
Cedar Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CDR."
How often does Cedar Realty Trust pay dividends? What is the dividend yield for Cedar Realty Trust?
Cedar Realty Trust declared a quarterly dividend on Friday, July 20th. Shareholders of record on Friday, August 10th will be given a dividend of $0.05 per share on Monday, August 20th. This represents a $0.20 annualized dividend and a dividend yield of 4.43%. The ex-dividend date is Thursday, August 9th. View Cedar Realty Trust's Dividend History.
How were Cedar Realty Trust's earnings last quarter?
Cedar Realty Trust Inc (NYSE:CDR) issued its quarterly earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.08 EPS for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.10. The real estate investment trust earned $41.35 million during the quarter, compared to analysts' expectations of $40.59 million. Cedar Realty Trust had a return on equity of 1.20% and a net margin of 3.25%. View Cedar Realty Trust's Earnings History.
When is Cedar Realty Trust's next earnings date?
What price target have analysts set for CDR?
5 equities research analysts have issued 12 month target prices for Cedar Realty Trust's stock. Their predictions range from $4.00 to $6.00. On average, they anticipate Cedar Realty Trust's stock price to reach $5.1667 in the next twelve months. This suggests a possible upside of 14.6% from the stock's current price. View Analyst Price Targets for Cedar Realty Trust.
What is the consensus analysts' recommendation for Cedar Realty Trust?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cedar Realty Trust in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cedar Realty Trust.
Who are some of Cedar Realty Trust's key competitors?
Some companies that are related to Cedar Realty Trust include Four Corners Property Trust (FCPT), Global Net Lease (GNL), Safestore (SFSHF), National Storage Affiliates Trust (NSA), Caretrust REIT (CTRE), Kite Realty Group Trust (KRG), Summit Hotel Properties (INN), Washington Prime Group (WPG), Monmouth R.E. Inv. (MNR), Industrial Logistics Properties Trust (ILPT), Redwood Trust (RWT), TPG RE Finance Trust (TRTX), Saul Centers (BFS), PennyMac Mortgage Investment Trust (PMT) and TIER REIT (TIER).
Who are Cedar Realty Trust's key executives?
Cedar Realty Trust's management team includes the folowing people:
- Mr. Bruce J. Schanzer, Pres, CEO & Director (Age 49)
- Mr. Philip R. Mays CPA, EVP, CFO & Treasurer (Age 50)
- Ms. Robin McBride Zeigler, Exec. VP & Chief Operating Officer (Age 45)
- Mr. Michael Winters, Chief Investment Officer and Exec. VP (Age 57)
- Mr. Gaspare J. Saitta II, VP & Chief Accounting Officer (Age 45)
Has Cedar Realty Trust been receiving favorable news coverage?
Media coverage about CDR stock has trended somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cedar Realty Trust earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the real estate investment trust an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Cedar Realty Trust.
Who are Cedar Realty Trust's major shareholders?
Cedar Realty Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.34%), FMR LLC (5.05%), Schwab Charles Investment Management Inc. (2.75%), Russell Investments Group Ltd. (2.35%), LSV Asset Management (2.26%) and Millennium Management LLC (1.63%). Company insiders that own Cedar Realty Trust stock include Abraham Eisenstat, Bruce J Schanzer, Paul G Kirk Jr, Philip Mays and Roger M Widmann. View Institutional Ownership Trends for Cedar Realty Trust.
Which major investors are selling Cedar Realty Trust stock?
CDR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Deprince Race & Zollo Inc., Russell Investments Group Ltd., Boston Partners, Renaissance Technologies LLC, Citadel Advisors LLC, Bank of New York Mellon Corp and Bank of New York Mellon Corp. Company insiders that have sold Cedar Realty Trust company stock in the last year include Bruce J Schanzer and Philip Mays. View Insider Buying and Selling for Cedar Realty Trust.
Which major investors are buying Cedar Realty Trust stock?
CDR stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Schwab Charles Investment Management Inc., Chicago Equity Partners LLC, Martingale Asset Management L P, LSV Asset Management, Dupont Capital Management Corp, BlackRock Inc. and GSA Capital Partners LLP. Company insiders that have bought Cedar Realty Trust stock in the last two years include Abraham Eisenstat, Bruce J Schanzer and Roger M Widmann. View Insider Buying and Selling for Cedar Realty Trust.
How do I buy shares of Cedar Realty Trust?
Shares of CDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cedar Realty Trust's stock price today?
One share of CDR stock can currently be purchased for approximately $4.51.
How big of a company is Cedar Realty Trust?
Cedar Realty Trust has a market capitalization of $415.01 million and generates $146.01 million in revenue each year. The real estate investment trust earns $19.14 million in net income (profit) each year or $0.55 on an earnings per share basis. Cedar Realty Trust employs 76 workers across the globe.
How can I contact Cedar Realty Trust?
Cedar Realty Trust's mailing address is 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY, 11050. The real estate investment trust can be reached via phone at 516-767-6492 or via email at [email protected]
MarketBeat Community Rating for Cedar Realty Trust (NYSE CDR)
MarketBeat's community ratings are surveys of what our community members think about Cedar Realty Trust and other stocks. Vote "Outperform" if you believe CDR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CDR will underperform the S&P 500 over the long term. You may vote once every thirty days.
