Cedar Realty Trust Company Profile (NYSE:CDR)

About Cedar Realty Trust (CDR)

Cedar Realty Trust logoCedar Realty Trust, Inc. is a real estate investment trust. The Company focuses on ownership and operation of grocery-anchored shopping centers straddling the Washington District of Columbia (DC) to Boston corridor. The Company focuses its investment activities on grocery-anchored shopping centers. It owns and manages a portfolio of approximately 60 operating properties, including approximately 30 properties in Pennsylvania; over eight properties in Massachusetts; approximately seven properties in Connecticut; over six properties in Maryland; approximately eight properties in Virginia; over three properties in New Jersey, and one property in New York. Its operating properties total approximately 9.5 million square feet of gross leasable area (GLA). The Company conducts its businesses through the Cedar Realty Trust Partnership L.P. (the Operating Partnership). Its properties include Academy Plaza, Big Y Shopping Center, Fairview Commons and Kings Plaza, among others.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: CDR
  • CUSIP: 15060220
Key Metrics:
  • Previous Close: $5.07
  • 50 Day Moving Average: $5.57
  • 200 Day Moving Average: $6.34
  • 52-Week Range: $4.86 - $8.08
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 39.00
  • P/E Growth: 4.57
  • Market Cap: $416.00M
  • Outstanding Shares: 82,052,000
  • Beta: 0.88
Profitability:
  • Net Margins: 8.46%
  • Return on Equity: 3.26%
  • Return on Assets: 0.97%
Debt:
  • Debt-to-Equity Ratio: 1.81%
  • Current Ratio: 0.68%
  • Quick Ratio: 0.68%

Analyst Ratings

Consensus Ratings for Cedar Realty Trust (NYSE:CDR) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $6.75 (33.14% upside)

Analysts' Ratings History for Cedar Realty Trust (NYSE:CDR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/13/2017Robert W. BairdUpgradeNeutral -> Outperform$8.00 -> $6.00MediumView Rating Details
1/9/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformN/AView Rating Details
12/21/2016KeyCorpDowngradeOverweightN/AView Rating Details
11/7/2016WunderlichLower Price TargetBuy$8.50 -> $7.75N/AView Rating Details
6/28/2016Boenning ScattergoodDowngradeNeutral -> Underperform$6.50N/AView Rating Details
(Data available from 3/29/2015 forward)

Earnings

Earnings History for Cedar Realty Trust (NYSE:CDR)
Earnings by Quarter for Cedar Realty Trust (NYSE:CDR)
Earnings History by Quarter for Cedar Realty Trust (NYSE:CDR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
2/23/2017Q416$0.01$0.14$36.43 million$37.17 millionViewN/AView Earnings Details
11/3/2016Q316$0.14$0.15$37.33 million$37.79 millionViewN/AView Earnings Details
5/5/2016Q116$0.04$0.14$38.82 million$38.25 millionViewN/AView Earnings Details
2/18/2016Q415$0.05$0.14$37.14 million$37.70 millionViewListenView Earnings Details
11/5/2015Q315$0.03$0.14$36.69 million$36.10 millionViewN/AView Earnings Details
8/6/2015Q215$0.03$0.14$36.92 million$36.70 millionViewListenView Earnings Details
5/5/2015Q115$0.12$0.13$37.40 millionViewN/AView Earnings Details
2/19/2015Q414$0.02$0.13$36.30 million$36.70 millionViewN/AView Earnings Details
10/30/2014Q3$0.14$0.14ViewListenView Earnings Details
8/6/2014$0.13$0.14ViewN/AView Earnings Details
5/6/2014Q1($0.02)($0.03)ViewListenView Earnings Details
2/25/2014Q413($0.05)$0.03$35.88 million$35.17 millionViewListenView Earnings Details
11/7/2013Q313($0.01)$0.13$35.03 million$35.44 millionViewListenView Earnings Details
8/6/2013Q213($0.01)$0.12$35.57 millionViewListenView Earnings Details
5/9/2013$0.11$0.12ViewListenView Earnings Details
11/8/2012Q312$0.10$0.11ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cedar Realty Trust (NYSE:CDR)
Current Year EPS Consensus Estimate: $0.10 EPS
Next Year EPS Consensus Estimate: $0.13 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20162$0.13$0.14$0.14
Q3 20161$0.13$0.13$0.13
Q4 20162$0.13$0.14$0.14
Q1 20172$0.12$0.13$0.13
Q2 20172$0.14$0.14$0.14
Q3 20172$0.13$0.14$0.14
Q4 20172$0.13$0.14$0.14
Q1 20181$0.13$0.13$0.13
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cedar Realty Trust (NYSE:CDR)
Most Recent Dividend:2/21/2017
Annual Dividend:$0.20
Dividend Yield:3.94%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-666.44% (Trailing 12 Months of Earnings)
200.00% (Based on This Year's Estimates)
153.85% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Cedar Realty Trust (NYSE:CDR)

Dividend History by Quarter for Cedar Realty Trust (NYSE:CDR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/19/2017quarterly$0.053.23%2/8/20172/10/20172/21/2017
10/24/2016Quarterly$0.052.86%11/8/201611/11/201611/21/2016
7/26/2016quarterly$0.052.49%8/10/20168/12/20168/22/2016
4/20/2016quarterly$0.052.91%5/6/20165/10/20165/20/2016
1/26/2016quarterly$0.052.87%2/10/20162/12/20162/22/2016
10/27/2015quarterly$0.052.92%11/6/201511/10/201511/20/2015
7/16/2015quarterly$0.052.89%8/6/20158/10/20158/20/2015
4/23/2015quarterly$0.052.72%5/6/20155/8/20155/20/2015
1/27/2015quarterly$0.052.46%2/6/20152/10/20152/20/2015
10/30/2014quarterly$0.052.93%11/6/201411/10/201411/20/2014
7/22/2014quarterly$0.053.09%8/6/20148/8/20148/20/2014
4/24/2014quarterly$0.053.28%5/7/20145/9/20145/20/2014
1/29/2014quarterly$0.053.14%2/6/20142/10/20142/20/2014
10/28/2013quarterly$0.053.4%11/6/201311/8/201311/20/2013
7/29/2013quarterly$0.053.53%8/7/20138/9/20138/20/2013
3/8/2013quarterly$0.053.48%5/8/20135/10/20135/20/2013
1/25/2013quarterly$0.053.7%2/6/20132/8/20132/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Cedar Realty Trust (NYSE:CDR)
Insider Ownership Percentage: 4.42%
Institutional Ownership Percentage: 97.01%
Insider Trades by Quarter for Cedar Realty Trust (NYSE:CDR)
Institutional Ownership by Quarter for Cedar Realty Trust (NYSE:CDR)
Insider Trades by Quarter for Cedar Realty Trust (NYSE:CDR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/23/2017Abraham EisenstatDirectorBuy10,000$5.08$50,800.00View SEC Filing  
3/10/2017Bruce J SchanzerInsiderBuy14,000$4.99$69,860.00View SEC Filing  
3/6/2017Bruce J SchanzerInsiderBuy5,000$5.37$26,850.00View SEC Filing  
3/6/2017Roger M WidmannDirectorBuy3,725$5.36$19,966.00View SEC Filing  
3/2/2017Bruce J SchanzerInsiderBuy5,000$5.52$27,600.00View SEC Filing  
2/28/2017Bruce J SchanzerInsiderBuy4,000$5.87$23,480.00View SEC Filing  
2/27/2017Bruce J SchanzerInsiderBuy7,000$5.79$40,530.00View SEC Filing  
11/8/2016Abraham EisenstatDirectorBuy5,000$6.21$31,050.00View SEC Filing  
11/7/2016Abraham EisenstatDirectorBuy10,000$6.29$62,900.00View SEC Filing  
11/7/2016Bruce J SchanzerInsiderBuy5,000$6.30$31,500.00View SEC Filing  
9/12/2016Philip MaysCFOSell25,000$7.50$187,500.00View SEC Filing  
5/18/2016Bruce J SchanzerInsiderBuy1,000$6.75$6,750.00View SEC Filing  
9/3/2015Bruce J SchanzerInsiderBuy2,000$6.00$12,000.00View SEC Filing  
8/26/2015Abraham EisenstatDirectorBuy5,000$6.15$30,750.00View SEC Filing  
8/24/2015Abraham EisenstatDirectorBuy10,000$6.47$64,700.00View SEC Filing  
9/23/2014Bruce J SchanzerInsiderBuy1,593$5.99$9,542.07View SEC Filing  
6/13/2014Bruce J SchanzerInsiderBuy3,000$5.99$17,970.00View SEC Filing  
4/11/2014Bruce SchanzerInsiderBuy3,000$5.95$17,850.00View SEC Filing  
4/7/2014Bruce SchanzerInsiderBuy4,000$5.99$23,960.00View SEC Filing  
3/19/2014Bruce SchanzerInsiderBuy17,000$5.97$101,490.00View SEC Filing  
3/10/2014Bruce SchanzerCEOBuy3,000$5.99$17,970.00View SEC Filing  
2/27/2014Bruce SchanzerInsiderBuy16,664$6.00$99,984.00View SEC Filing  
7/8/2013Bruce J SchanzerInsiderSell10,000$5.36$53,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Cedar Realty Trust (NYSE:CDR)
Latest Headlines for Cedar Realty Trust (NYSE:CDR)
Source:
DateHeadline
americanbankingnews.com logoCedar Realty Trust Inc (CDR) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - March 29 at 2:28 PM
americanbankingnews.com logoCedar Realty Trust Inc (CDR) Director Purchases $50,800.00 in Stock
www.americanbankingnews.com - March 27 at 11:04 PM
americanbankingnews.com logoCedar Realty Trust Inc (CDR) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 22 at 5:28 PM
finance.yahoo.com logoCedar Realty Trust to Report First Quarter 2017 Financial Results
finance.yahoo.com - March 9 at 4:48 PM
seekingalpha.com logoCedar Realty - Will Slow And Steady Win The Race?
seekingalpha.com - March 8 at 9:59 AM
finance.yahoo.com logoCEDAR REALTY TRUST, INC. Financials
finance.yahoo.com - March 1 at 4:15 PM
biz.yahoo.com logoCEDAR REALTY TRUST, INC. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - February 27 at 7:16 PM
reuters.com logoBRIEF-Cedar Realty Trust reports Q4 FFO per share $0.11
www.reuters.com - February 24 at 4:22 PM
seekingalpha.com logoCedar Realty Trust's (CDR) CEO Bruce Schanzer on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 24 at 4:22 PM
finance.yahoo.com logoEdited Transcript of CDR earnings conference call or presentation 23-Feb-17 10:00pm GMT
finance.yahoo.com - February 24 at 12:37 PM
us.rd.yahoo.com logo4:07 pm Cedar Realty Trust reports FFO in-line, beats on revs
us.rd.yahoo.com - February 23 at 9:13 PM
biz.yahoo.com logoQ4 2016 Cedar Realty Trust Inc Earnings Release - After Market Close
biz.yahoo.com - February 23 at 4:11 PM
finance.yahoo.com logoCedar Realty Trust Reports Fourth Quarter and Full Year 2016 Results
finance.yahoo.com - February 23 at 4:11 PM
biz.yahoo.com logoCEDAR REALTY TRUST, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and
biz.yahoo.com - February 23 at 4:11 PM
finance.yahoo.com logoSimon Property Extends Stock Repurchase Program by 2 Years
finance.yahoo.com - February 16 at 9:02 AM
finance.yahoo.com logoKimco Realty Signs New Retail Leases at Suburban Square
finance.yahoo.com - February 6 at 9:14 PM
nasdaq.com logoCedar Realty Trust Series B Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket
www.nasdaq.com - February 6 at 4:14 PM
finance.yahoo.com logoCedar Realty Trust Announces Tax Information For 2016 Distributions
finance.yahoo.com - January 20 at 5:22 PM
finance.yahoo.com logoRegency (REG) Updates 2016 Guidance and Issues 2017 View
finance.yahoo.com - January 13 at 4:55 PM
finance.yahoo.com logoCedar Realty Trust To Report Fourth Quarter 2016 financial Results
finance.yahoo.com - January 10 at 4:53 PM

Social

Frequently Asked Questions for Cedar Realty Trust (NYSE:CDR)

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 Thursday, January 19th. Investors of record on Friday, February 10th will be given a dividend of $0.05 per share on Tuesday, February 21st. This represents a $0.20 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date is Wednesday, February 8th.

How were Cedar Realty Trust's earnings last quarter?

Cedar Realty Trust Inc (NYSE:CDR) posted its earnings results on Thursday, February, 23rd. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.13. The firm earned $37.17 million during the quarter, compared to the consensus estimate of $36.43 million. Cedar Realty Trust had a net margin of 8.46% and a return on equity of 3.26%. The company's quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS.

When will Cedar Realty Trust make its next earnings announcement?

Cedar Realty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

What guidance has Cedar Realty Trust issued on next quarter's earnings?

Cedar Realty Trust updated its FY16 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $0.56 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.56.

Where is Cedar Realty Trust's stock going? Where will Cedar Realty Trust's stock price be in 2017?

5 brokers have issued 1 year price targets for Cedar Realty Trust's stock. Their predictions range from $6.00 to $7.75. On average, they expect Cedar Realty Trust's stock price to reach $6.75 in the next twelve months.

Who owns Cedar Realty Trust stock?

Cedar Realty Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (15.67%), State Street Corp (3.59%), Renaissance Technologies LLC (2.35%), Heitman Real Estate Securities LLC (1.95%), Davis Selected Advisers (1.70%) and Dimensional Fund Advisors LP (1.32%). Company insiders that own Cedar Realty Trust stock include Abraham Eisenstat, Bruce J Schanzer, Philip Mays and Roger M Widmann.

Who sold Cedar Realty Trust stock? Who is selling Cedar Realty Trust stock?

Cedar Realty Trust's stock was sold by a variety of institutional investors in the last quarter, including Heitman Real Estate Securities LLC, Asset Management One Co. Ltd., Renaissance Technologies LLC, Davis Selected Advisers, AQR Capital Management LLC, Menta Capital LLC, UBS Asset Management Americas Inc. and Metropolitan Life Insurance Co. NY.

Who bought Cedar Realty Trust stock? Who is buying Cedar Realty Trust stock?

Cedar Realty Trust's stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Russell Investments Group Ltd., Two Sigma Investments LP, State Street Corp, Dimensional Fund Advisors LP, A.R.T. Advisors LLC, Tudor Investment Corp Et Al and Comerica Bank. Company insiders that have bought Cedar Realty Trust stock in the last two years include Abraham Eisenstat, Bruce J Schanzer and Roger M Widmann.

How do I buy Cedar Realty Trust stock?

Shares of Cedar Realty Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cedar Realty Trust stock cost?

One share of Cedar Realty Trust stock can currently be purchased for approximately $5.07.

Cedar Realty Trust (CDR) Chart for Wednesday, March, 29, 2017

This page was last updated on 3/29/2017 by MarketBeat.com Staff