About Cedar Realty Trust (CDR)
Cedar 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
- 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
- Net Margins: 8.46%
- Return on Equity: 3.26%
- Return on Assets: 0.97%
- Debt-to-Equity Ratio: 1.81%
- Current Ratio: 0.68%
- Quick Ratio: 0.68%
Companies Related to Cedar Realty Trust:
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|
|5/3/2017|| || || || || || || || |
|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||$0.14||$38.82 million||$38.25 million||View||N/A|
|2/18/2016||Q415||$0.05||$0.14||$37.14 million||$37.70 million||View||Listen|
|11/5/2015||Q315||$0.03||$0.14||$36.69 million||$36.10 million||View||N/A|
|8/6/2015||Q215||$0.03||$0.14||$36.92 million||$36.70 million||View||Listen|
|2/19/2015||Q414||$0.02||$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)
Current Year EPS Consensus Estimate: $0.10 EPS
Next Year EPS Consensus Estimate: $0.13 EPS
(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:||2/21/2017|
|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 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: 4.42%Insider Trades by Quarter for Cedar Realty Trust (NYSE:CDR)
Institutional Ownership Percentage: 97.01%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|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)
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