Cedar Realty Trust, Inc. is a real estate investment trust (REIT). The Company focuses on ownership and operation of grocery-anchored shopping centers straddling the Washington District of Columbia (DC) to Boston corridor. As of December 31, 2016, the Company owned and managed a portfolio of 61 operating properties (excluding properties held for sale) totaling approximately 9.1 million square feet of gross leasable area (GLA). The Company focuses its investment activities on grocery-anchored shopping centers. The Company's properties portfolio comprises 26 properties in Pennsylvania, eight properties in Massachusetts, seven properties in Connecticut, seven properties in Maryland / Washington, D.C, eight properties in Virginia, four properties in New Jersey and one property in New York. The Company's 106 are going to expire in the year 2017. The Company conducts all of its businesses through the Cedar Realty Trust Partnership L.P. (the Operating Partnership).
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Retail REITs
- Sub-Industry: Retail REITs
- Symbol: NYSE:CDR
- CUSIP: 15060220
- Web: www.cedarrealtytrust.com
- Market Cap: $410.7 million
- Outstanding Shares: 82,182,000
- 50 Day Moving Avg: $5.15
- 200 Day Moving Avg: $5.64
- 52 Week Range: $4.79 - $8.08
Sales & Book Value:
- Trailing P/E Ratio: 106.09
- Foreward P/E Ratio: 8.87
- P/E Growth: 3.58
- Annual Revenue: $149.61 million
- Price / Sales: 2.68
- Book Value: $4.82 per share
- Price / Book: 1.01
- Annual Dividend: $0.20
- Dividend Yield: 4.2%
- EBIDTA: $84.71 million
- Net Margins: 12.74%
- Return on Equity: 4.88%
- Return on Assets: 1.48%
- Debt-to-Equity Ratio: 1.57%
- Current Ratio: 0.87%
- Quick Ratio: 0.87%
- Average Volume: 621,361 shs.
- Beta: 0.9
- Short Ratio: 14.94
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, April 20th. Investors of record on Friday, May 12th will be paid a dividend of $0.05 per share on Monday, May 22nd. This represents a $0.20 annualized dividend and a dividend yield of 4.10%. The ex-dividend date is Wednesday, May 10th. View Cedar Realty Trust's Dividend History.
How were Cedar Realty Trust's earnings last quarter?
Cedar Realty Trust, Inc. (NYSE:CDR) released its quarterly earnings results on Thursday, May, 4th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.01. The company had revenue of $36.77 million for the quarter, compared to analyst estimates of $36.37 million. Cedar Realty Trust had a net margin of 12.74% and a return on equity of 4.88%. Cedar Realty Trust's quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 earnings per share. View Cedar Realty Trust's Earnings History.
When will Cedar Realty Trust make its next earnings announcement?
What guidance has Cedar Realty Trust issued on next quarter's earnings?
Cedar Realty Trust issued an update on its FY17 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $0.53-0.55 for the period, compared to the Thomson Reuters consensus estimate of $0.54.
Where is Cedar Realty Trust's stock going? Where will Cedar Realty Trust's stock price be in 2017?
5 analysts have issued 1 year price objectives for Cedar Realty Trust's shares. Their predictions range from $6.00 to $7.75. On average, they anticipate Cedar Realty Trust's stock price to reach $6.75 in the next year. 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 LGI Homes (LGIH), MainSource Financial Group (MSFG), McGrath RentCorp (MGRC), Meta Financial Group (CASH), Hersha Hospitality Trust (HT), Flushing Financial Corporation (FFIC), Opus Bank (OPB), Easterly Government Properties (DEA), TriCo Bancshares (TCBK), Chatham Lodging Trust (REIT) (CLDT), Univest Corporation of Pennsylvania (UVSP), Oritani Financial Corp. (ORIT), Pennsylvania Real Estate Investment Trust (PEI), Kinsale Capital Group (KNSL), Greenlight Reinsurance (GLRE), Urstadt Biddle Properties (UBA), Virtus Investment Partners (VRTS) and Heritage Financial Corporation (HFWA).
Who are Cedar Realty Trust's key executives?
Cedar Realty Trust's management team includes the folowing people:
- Bruce J. Schanzer, President, Chief Executive Officer, Director
- Philip R. Mays, Chief Financial Officer,
- Robin McBride Zeigler, Chief Operating Officer, Executive Vice President
- Roger M. Widmann, Non-Executive Independent Chairman of the Board
- Abraham M. Eisenstat, Independent Director
- Gregg A. Gonsalves, Independent Director
- Pamela N. Hootkin, Independent Director
- Paul G. Kirk Jr., Independent Director
Who owns Cedar Realty Trust stock?
Cedar Realty Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.23%), FMR LLC (11.02%), State Street Corp (3.83%), Weiss Multi Strategy Advisers LLC (2.13%), Renaissance Technologies LLC (1.95%) and Boston Partners (1.76%). 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.
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 FMR LLC, Nuveen Asset Management LLC, Boston Partners, Renaissance Technologies LLC, Rothschild Asset Management Inc., Bank of America Corp DE, Russell Investments Group Ltd. and JPMorgan Chase & Co.. Company insiders that have sold Cedar Realty Trust stock in the last year include Paul G Kirk Jr and Philip Mays. View Insider Buying and Selling for Cedar Realty Trust.
Who bought Cedar Realty Trust stock? Who is buying Cedar Realty Trust stock?
Cedar Realty Trust's stock was purchased by a variety of institutional investors in the last quarter, including Weiss Multi Strategy Advisers LLC, Kennedy Capital Management Inc., Manning & Napier Advisors LLC, Vanguard Group Inc., Morgan Stanley, Highbridge Capital Management LLC, State Street Corp and Citadel Advisors LLC. 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 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.
What is Cedar Realty Trust's stock price today?
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Cedar Realty Trust stock can currently be purchased for approximately $4.88.
Consensus Ratings for Cedar Realty Trust (NYSE:CDR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 1 Hold Rating, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$6.75 (38.32% upside)|
Analysts' Ratings History for Cedar Realty Trust (NYSE:CDR)
(Data available from 6/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|3/13/2017||Robert W. Baird||Upgrade||Neutral -> Outperform||$8.00 -> $6.00||Medium|
|1/9/2017||Raymond James Financial, Inc.||Reiterated Rating||Outperform -> Market Perform||N/A|
|11/7/2016||Wunderlich||Lower Price Target||Buy||$8.50 -> $7.75||N/A|
|6/28/2016||Boenning Scattergood||Downgrade||Neutral -> Underperform||$6.50||N/A|
Earnings History for Cedar Realty Trust (NYSE:CDR)Earnings History by Quarter for Cedar Realty Trust (NYSE CDR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017|| || || || || || || || |
|5/4/2017||Q1 2017||$0.13||$0.14||$36.37 million||$36.77 million||View||Listen|
|2/23/2017||Q416||$0.01||$0.14||$36.43 million||$37.17 million||View||N/A|
|11/3/2016||Q316||$0.14||$0.15||$37.33 million||$37.79 million||View||N/A|
|5/5/2016||Q116||$0.04||($0.03)||$38.82 million||$38.25 million||View||N/A|
|2/18/2016||Q415||$0.05||$0.04||$37.14 million||$37.70 million||View||Listen|
|11/5/2015||Q315||$0.14||$0.03||$36.69 million||$36.10 million||View||N/A|
|8/6/2015||Q215||$0.03||$0.02||$36.92 million||$36.70 million||View||Listen|
|5/5/2015||Q115||$0.12||($0.01)||$36.82 million||$38.64 million||View||N/A|
|2/19/2015||Q414||$0.13||$0.13||$36.30 million||$36.70 million||View||N/A|
|2/25/2014||Q413||($0.05)||$0.03||$35.88 million||$35.17 million||View||Listen|
|11/7/2013||Q313||($0.01)||$0.13||$35.03 million||$35.44 million||View||Listen|
Earnings Estimates for Cedar Realty Trust (NYSE:CDR)
2017 EPS Consensus Estimate: $0.53
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Cedar Realty Trust (NYSE:CDR)
|Most Recent Dividend:||5/22/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||400.00% (Trailing 12 Months of Earnings) |
37.04% (Based on This Year's Estimates)
36.36% (Based on Next Year's Estimates)
Dividend History by Quarter for Cedar Realty Trust (NYSE CDR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Cedar Realty Trust (NYSE:CDR)
Insider Ownership Percentage: 4.50%Insider Trades by Quarter for Cedar Realty Trust (NYSE:CDR)
Institutional Ownership Percentage: 98.78%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/21/2017||Paul G Kirk Jr||Director||Sell||9,759||$4.88||$47,623.92|| |
|3/23/2017||Abraham Eisenstat||Director||Buy||10,000||$5.08||$50,800.00|| |
|3/10/2017||Bruce J Schanzer||Insider||Buy||14,000||$4.99||$69,860.00|| |
|3/6/2017||Bruce J Schanzer||Insider||Buy||5,000||$5.37||$26,850.00|| |
|3/6/2017||Roger M Widmann||Director||Buy||3,725||$5.36||$19,966.00|| |
|3/2/2017||Bruce J Schanzer||Insider||Buy||5,000||$5.52||$27,600.00|| |
|2/28/2017||Bruce J Schanzer||Insider||Buy||4,000||$5.87||$23,480.00|| |
|2/27/2017||Bruce J Schanzer||Insider||Buy||7,000||$5.79||$40,530.00|| |
|11/8/2016||Abraham Eisenstat||Director||Buy||5,000||$6.21||$31,050.00|| |
|11/7/2016||Abraham Eisenstat||Director||Buy||10,000||$6.29||$62,900.00|| |
|11/7/2016||Bruce J Schanzer||Insider||Buy||5,000||$6.30||$31,500.00|| |
|9/12/2016||Philip Mays||CFO||Sell||25,000||$7.50||$187,500.00|| |
|5/18/2016||Bruce J Schanzer||Insider||Buy||1,000||$6.75||$6,750.00|| |
|9/3/2015||Bruce J Schanzer||Insider||Buy||2,000||$6.00||$12,000.00|| |
|8/26/2015||Abraham Eisenstat||Director||Buy||5,000||$6.15||$30,750.00|| |
|8/24/2015||Abraham Eisenstat||Director||Buy||10,000||$6.47||$64,700.00|| |
|9/23/2014||Bruce J Schanzer||Insider||Buy||1,593||$5.99||$9,542.07|| |
|6/13/2014||Bruce J Schanzer||Insider||Buy||3,000||$5.99||$17,970.00|| |
|4/11/2014||Bruce Schanzer||Insider||Buy||3,000||$5.95||$17,850.00|| |
|4/7/2014||Bruce Schanzer||Insider||Buy||4,000||$5.99||$23,960.00|| |
|3/19/2014||Bruce Schanzer||Insider||Buy||17,000||$5.97||$101,490.00|| |
|3/10/2014||Bruce Schanzer||CEO||Buy||3,000||$5.99||$17,970.00|| |
|2/27/2014||Bruce Schanzer||Insider||Buy||16,664||$6.00||$99,984.00|| |
|7/8/2013||Bruce J Schanzer||Insider||Sell||10,000||$5.36||$53,600.00|| |
Headline Trends for Cedar Realty Trust (NYSE:CDR)
Latest Headlines for Cedar Realty Trust (NYSE:CDR)
|Cedar Realty Trust, Inc. (CDR) Director Paul G. Kirk, Jr. Sells 9,759 Shares|
www.americanbankingnews.com - June 22 at 8:16 PM
|$36.33 Million in Sales Expected for Cedar Realty Trust, Inc. (CDR) This Quarter|
www.americanbankingnews.com - June 22 at 9:24 AM
| Analysts Expect Cedar Realty Trust, Inc. (CDR) Will Announce Earnings of $0.14 Per Share|
www.americanbankingnews.com - June 21 at 12:20 AM
|Cedar Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : CDR-US : June 19, 2017|
finance.yahoo.com - June 19 at 2:11 PM
|Cedar Realty Trust, Inc. (CDR) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - June 13 at 3:16 PM
|Cedar Realty Trust, Inc. (CDR) Rating Lowered to Hold at ValuEngine|
www.americanbankingnews.com - June 11 at 8:58 PM
|Cedar Realty Trust, Inc. breached its 50 day moving average in a Bullish Manner : CDR-US : June 5, 2017|
finance.yahoo.com - June 5 at 12:20 PM
|Cedar Realty Trust Inc (CDR) Expected to Announce Quarterly Sales of $36.33 Million|
www.americanbankingnews.com - May 27 at 8:04 AM
|Cedar Realty Trust Inc (CDR) Expected to Announce Earnings of $0.14 Per Share|
www.americanbankingnews.com - May 25 at 8:18 PM
|Cedar Realty Trust Inc (CDR) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - May 19 at 12:34 PM
|Cedar Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : CDR-US : May 15, 2017|
finance.yahoo.com - May 15 at 12:22 PM
|Cedar Realty Trust Inc (CDR) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - May 11 at 10:16 PM
|Cedar Realty Trust Inc (CDR) Rating Increased to C at TheStreet|
www.americanbankingnews.com - May 9 at 3:50 PM
|Cedar Realty Trust 7.25% Series B Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket|
www.nasdaq.com - May 8 at 9:08 PM
|Cedar Realty Trust Inc (CDR) to Post Q3 2017 Earnings of $0.13 Per Share, KeyCorp Forecasts|
www.americanbankingnews.com - May 8 at 9:04 AM
|Cedar Realty Trust Inc (CDR) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS|
www.americanbankingnews.com - May 6 at 12:40 AM
|Cedar Realty Trust Inc (CDR) Releases Earnings Results, Beats Estimates By $0.01 EPS|
www.americanbankingnews.com - May 6 at 12:16 AM
|Cedar Realty Trust Inc (CDR) Releases FY17 Earnings Guidance|
www.americanbankingnews.com - May 5 at 11:52 PM
|Cedar Realty Trust Inc (CDR) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - May 5 at 11:30 PM
|Cedar Realty Trust Inc (CDR) Posts Earnings Results, Beats Estimates By $0.01 EPS|
www.americanbankingnews.com - May 5 at 10:23 PM
|Cedar Realty Trust, Inc. 2017 Q1 - Results - Earnings Call Slides|
seekingalpha.com - May 5 at 9:28 PM
|Cedar Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : CDR-US : May 5, 2017|
finance.yahoo.com - May 5 at 4:25 PM
|Edited Transcript of CDR earnings conference call or presentation 4-May-17 9:00pm GMT|
finance.yahoo.com - May 5 at 4:25 PM
|BRIEF-Cedar Realty Trust reports Q1 FFO per share $0.13|
www.reuters.com - May 4 at 9:27 PM
|Cedar reports 1Q results|
marketbeat.com - May 4 at 5:29 PM
|Cedar Realty Trust Reports First Quarter 2017 Results|
finance.yahoo.com - May 4 at 4:20 PM
|Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Cedar Realty Trust (CDR) Stock Price|
www.americanbankingnews.com - May 4 at 1:13 AM
|$0.13 Earnings Per Share Expected for Cedar Realty Trust Inc (CDR) This Quarter|
www.americanbankingnews.com - May 2 at 1:52 PM
|Cedar Realty Trust (CDR) Receiving Favorable News Coverage, Analysis Finds|
www.americanbankingnews.com - April 29 at 5:47 PM
|Cedar Realty Trust (CDR) Receives Media Sentiment Rating of 0.41|
www.americanbankingnews.com - April 26 at 5:24 PM
|Cedar Realty Trust Inc (CDR) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - April 24 at 5:06 PM
|Somewhat Favorable Press Coverage Very Likely to Affect Cedar Realty Trust (CDR) Stock Price|
www.americanbankingnews.com - April 23 at 2:57 PM
|Cedar Realty Trust Inc (CDR) to Issue Quarterly Dividend of $0.05|
www.americanbankingnews.com - April 20 at 6:17 PM
|Cedar Realty Trust (CDR) Earns Daily News Sentiment Rating of 0.30|
www.americanbankingnews.com - April 20 at 5:27 PM
|Cedar Realty Trust Declares Dividends On Common And Preferred Stock|
finance.yahoo.com - April 19 at 4:14 PM
|Cedar Realty Trust (CDR) Earns Daily Coverage Optimism Rating of 0.36|
www.americanbankingnews.com - April 17 at 5:49 PM
|Cedar Realty Trust (CDR) Earning Positive Press Coverage, AlphaOne Reports|
www.americanbankingnews.com - April 14 at 9:16 AM
|$36.39 Million in Sales Expected for Cedar Realty Trust Inc (CDR) This Quarter|
www.americanbankingnews.com - April 13 at 12:44 PM
|Cedar Realty Trust Inc (CDR) Rating Increased to Hold at Zacks Investment Research|
www.americanbankingnews.com - April 13 at 7:08 AM
|Cedar Realty Trust Inc (CDR) Expected to Announce Earnings of $0.13 Per Share|
www.americanbankingnews.com - April 11 at 8:45 AM
|Cedar Realty Trust Inc (CDR) Upgraded to "Hold" by Zacks Investment Research|
www.americanbankingnews.com - April 7 at 4:27 PM
|Cedar Realty Trust Inc (CDR) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - March 29 at 2:28 PM
|Cedar Realty Trust Inc (CDR) Director Purchases $50,800.00 in Stock|
www.americanbankingnews.com - March 27 at 11:04 PM
|Cedar Realty Trust Inc (CDR) Raised to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - March 22 at 5:28 PM
|Cedar Realty Trust to Report First Quarter 2017 Financial Results|
finance.yahoo.com - March 9 at 4:48 PM
|Cedar Realty - Will Slow And Steady Win The Race?|
seekingalpha.com - March 8 at 9:59 AM
|CEDAR REALTY TRUST, INC. Financials|
finance.yahoo.com - March 1 at 4:15 PM
|CEDAR REALTY TRUST, INC. Files SEC form 8-K, Change in Directors or Principal Officers|
biz.yahoo.com - February 27 at 7:16 PM
|BRIEF-Cedar Realty Trust reports Q4 FFO per share $0.11|
www.reuters.com - February 24 at 4:22 PM
|Cedar Realty Trust's (CDR) CEO Bruce Schanzer on Q4 2016 Results - Earnings Call Transcript|
seekingalpha.com - February 24 at 4:22 PM
Cedar Realty Trust (CDR) Chart for Tuesday, June, 27, 2017