Cedar Realty Trust Company Profile (NYSE:CDR)

About Cedar Realty Trust (NYSE:CDR)

Cedar Realty Trust logoCedar 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
Capitalization:
  • Market Cap: $514.13 million
  • Outstanding Shares: 82,197,000
Average Prices:
  • 50 Day Moving Avg: $5.43
  • 200 Day Moving Avg: $5.20
  • 52 Week Range: $4.70 - $7.12
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.00
  • P/E Growth: 8.53
Sales & Book Value:
  • Annual Revenue: $147.44 million
  • Price / Sales: 3.07
  • Book Value: $4.67 per share
  • Price / Book: 1.18
Dividend:
  • Annual Dividend: $0.20
  • Dividend Yield: 3.6%
Profitability:
  • EBITDA: $81.98 million
  • Net Margins: 6.58%
  • Return on Equity: 2.49%
  • Return on Assets: 0.77%
Debt:
  • Debt-to-Equity Ratio: 1.61%
  • Current Ratio: 0.82%
  • Quick Ratio: 0.82%
Misc:
  • Average Volume: 568,860 shs.
  • Beta: 0.92
  • Short Ratio: 8.14
 

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 announced a quarterly dividend on Wednesday, October 18th. Shareholders of record on Friday, November 10th will be paid a dividend of $0.05 per share on Monday, November 20th. This represents a $0.20 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend is Thursday, November 9th. View Cedar Realty Trust's Dividend History.

How were Cedar Realty Trust's earnings last quarter?

Cedar Realty Trust, Inc. (NYSE:CDR) posted its quarterly earnings results on Friday, August, 4th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by $0.24. The business had revenue of $35.70 million for the quarter, compared to analyst estimates of $35.97 million. Cedar Realty Trust had a return on equity of 2.49% and a net margin of 6.58%. The company's quarterly revenue was down 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.15 EPS. View Cedar Realty Trust's Earnings History.

When will Cedar Realty Trust make its next earnings announcement?

Cedar Realty Trust is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Cedar Realty Trust.

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

Cedar Realty Trust updated its FY17 earnings guidance on Friday, August, 4th. The company provided earnings per share (EPS) 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?

6 brokerages have issued 12 month target prices for Cedar Realty Trust's stock. Their predictions range from $5.00 to $7.75. On average, they expect Cedar Realty Trust's stock price to reach $6.25 in the next year. View Analyst Ratings for Cedar Realty Trust.

Are investors shorting Cedar Realty Trust?

Cedar Realty Trust saw a increase in short interest in September. As of September 29th, there was short interest totalling 4,549,335 shares, an increase of 46.4% from the September 15th total of 3,107,188 shares. Based on an average daily volume of 586,968 shares, the days-to-cover ratio is currently 7.8 days. Currently, 5.2% of the shares of the company are short sold.

Who are some of Cedar Realty Trust's key competitors?

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 many different of institutional and retail investors. Top institutional shareholders include Quantitative Systematic Strategies LLC (0.04%). 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 bought Cedar Realty Trust stock? Who is buying Cedar Realty Trust stock?

Cedar Realty Trust's stock was bought by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies 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?

One share of Cedar Realty Trust stock can currently be purchased for approximately $5.50.


MarketBeat Community Rating for Cedar Realty Trust (NYSE CDR)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  99 (Vote Outperform)
Underperform Votes:  182 (Vote Underperform)
Total Votes:  281
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.

Analyst Ratings

Consensus Ratings for Cedar Realty Trust (NYSE:CDR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $6.25 (13.64% upside)
Consensus Price Target History for Cedar Realty Trust (NYSE:CDR)
Price Target History for Cedar Realty Trust (NYSE:CDR)
Analysts' Ratings History for Cedar Realty Trust (NYSE:CDR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/4/2017KeyCorpReiterated RatingHoldLowView Rating Details
8/8/2017FBR & CoBoost Price TargetOutperform$5.75 -> $6.25LowView Rating Details
8/7/2017Boenning ScattergoodSet Price TargetSell$5.00LowView Rating Details
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
11/7/2016WunderlichLower Price TargetBuy$8.50 -> $7.75N/AView Rating Details
(Data available from 10/21/2015 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
11/1/2017$0.03N/AView Earnings Details
8/4/2017Q2 2017$0.14($0.10)$35.97 million$35.70 millionViewN/AView Earnings Details
5/4/2017Q1 2017$0.13$0.14$36.37 million$36.77 millionViewListenView Earnings Details
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($0.03)$38.82 million$38.25 millionViewN/AView Earnings Details
2/18/2016Q415$0.05$0.04$37.14 million$37.70 millionViewListenView Earnings Details
11/5/2015Q315$0.14$0.03$36.69 million$36.10 millionViewN/AView Earnings Details
8/6/2015Q215$0.03$0.02$36.92 million$36.70 millionViewListenView Earnings Details
5/5/2015Q115$0.12($0.01)$36.82 million$38.64 millionViewN/AView Earnings Details
2/19/2015Q414$0.13$0.13$36.30 million$36.70 millionViewN/AView 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)
2017 EPS Consensus Estimate: $0.53
2018 EPS Consensus Estimate: $0.57
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.12$0.13$0.13
Q2 20173$0.14$0.14$0.14
Q3 20173$0.13$0.14$0.13
Q4 20173$0.13$0.14$0.13
Q1 20182$0.13$0.14$0.14
Q2 20181$0.14$0.14$0.14
Q3 20182$0.13$0.15$0.14
Q4 20181$0.15$0.15$0.15
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cedar Realty Trust (NYSE:CDR)
Next Dividend:11/20/2017
Annual Dividend:$0.20
Dividend Yield:3.64%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-333.28% (Trailing 12 Months of Earnings)
37.04% (Based on This Year's Estimates)
36.36% (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
10/18/2017quarterly$0.053.52%11/9/201711/10/201711/20/2017
7/21/2017quarterly$0.053.93%8/9/20178/11/20178/21/2017
4/20/2017quarterly$0.053.8%5/10/20175/12/20175/22/2017
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: 4.50%
Institutional Ownership Percentage: 92.21%
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
6/21/2017Paul G Kirk JrDirectorSell9,759$4.88$47,623.92View SEC Filing  
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)
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Chart

Cedar Realty Trust (CDR) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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