|
Type
|
Public company |
|---|---|
| Traded as | NYSE: CDR S&P 600 component |
| Founded | 1984 (1984) |
| Headquarters | Port Washington, New York |
|
Key people
|
Bruce J. Schanzer, President Philip R. Mays, CFO |
| Revenue | |
|
Net income
|
|
| Total assets | |
| Total equity | |
|
Number of employees
|
70 (2016) |
| Website | www |
Cedar Realty Trust, Inc. is a publicly traded real estate investment trust that invests in shopping centers in the Mid-Atlantic states.
As of December 31, 2016, the company owned 61 properties containing 9.1 million square feet, including 26 properties in Pennsylvania.
The company's largest tenants are as follows:
The company was founded in 1984 as Cedar Shopping Centers.
In 2005, the company acquired a 27-property portfolio for $90 million and Columbia Mall for $14 million. It also acquired The Shops at Suffolk Downs.
In 2006, the company acquired Shaw's Plaza.
In 2009, RioCan Real Estate Investment Trust acquired a 15% stake in the company as part of a joint venture agreement.
In 2010, the company acquired a 20% interest in Exeter Commons. It also acquired 7 shopping centers from Pennsylvania Real Estate Investment Trust for $168 million. It also sold Gabriel Brothers Plaza for $4.5 million.
In 2011, the company changed its name to Cedar Realty Trust. It also sold 5 sites in Ohio anchored by Discount Drug Mart.
In 2014, the company acquired Quartermaster Plaza in South Philadelphia for $92.3 million. It also sold Harbor Square for $25 million.
In 2015, the company acquired Lawndale Plaza in Philadelphia, Pennsylvania for $24.5 million.
In 2016, the company acquired East River Park Shopping Center for $39 million and The Shoppes at Arts District for $20.5 million.
In 2017, the company acquired Christina Crossing for $29.3 million.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q2 2022 | 2022-08-04 | 0.00 | 0.00 |
| Q1 2022 | 2022-05-05 | -0.28 | -0.28 |
| Q4 2021 | 2022-03-10 | -1.47 | -1.47 |
| Q3 2021 | 2021-11-04 | -6.28 | -6.28 |
| Q2 2021 | 2021-07-29 | 3.52 | 3.52 |
| Q1 2021 | 2021-05-06 | -0.12 | -0.12 |
| Q4 2020 | 2021-02-04 | 0.25 | 0.25 |
| Q3 2020 | 2020-10-29 | -0.13 | -0.13 |
| Q2 2020 | 2020-08-10 | -0.66 | -0.66 |
| Q1 2020 | 2020-05-14 | -0.40 | -0.40 |
| 2016-06-28 | Downgrade | Boenning Scattergood | Neutral to Underperform | $6.50 |
| 2016-05-10 | Upgrade | Wunderlich | Hold to Buy | $7.50 to $8.00 |
| 2015-12-18 | Reiterated Rating | Boenning Scattergood | Neutral | |
| 2015-05-06 | Lower Price Target | Wunderlich | Hold | $8.00 to $7.00 |
| 2015-03-24 | Initiated Coverage | Robert W. Baird | Neutral | $8.00 |
| 2015-02-23 | Set Price Target | Wunderlich | Hold | $8.00 |
| 2015-02-20 | Set Price Target | MLV & Co. | Buy | $8.00 |
| 2015-02-09 | Reiterated Rating | Wunderlich | Hold | $7.00 to $8.00 |
| 2014-11-03 | Reiterated Rating | Wunderlich | Hold | $6.75 to $7.00 |
| 2014-10-29 | Initiated | MLV & Co | Buy | $8 |
| 2014-10-29 | Initiated Coverage | MLV & Co. | Buy | $8.00 |
| 2014-09-12 | Upgrade | KeyBanc | Hold to Buy | $7.50 |
| 2014-09-12 | Upgrade | KeyCorp | Hold to Buy | $7.50 |
| 2014-02-27 | Downgrade | Wunderlich | Buy to Hold | $7.00 to $6.75 |
| 2014-01-06 | Downgrade | Stifel Nicolaus | Buy to Hold | $7.00 |
| 2013-12-17 | Downgrade | Bank of America | Neutral to Underperform | $5.75 |
| 2013-10-04 | Initiated Coverage | Wunderlich | Buy | $6.75 |
| 2013-03-25 | Upgrade | Stifel | Hold to Buy | $6.75 |
| 2011-10-26 | Reiterated | Morgan Keegan | Mkt Perform | $5.75 to $3.50 |
| 2010-12-07 | Initiated | FBR Capital | Outperform | $7 |
| 2010-04-15 | Downgrade | KeyBanc Capital Mkts | Buy to Hold | |
| 2010-01-12 | Initiated | Morgan Keegan | Mkt Perform | |
| 2010-01-11 | Upgrade | KeyBanc Capital Mkts | Hold to Buy | |
| 2009-10-26 | Initiated | KeyBanc Capital Mkts | Hold | |
| 2008-09-22 | Downgrade | Stifel Nicolaus | Buy to Hold | |
| 2008-08-01 | Downgrade | BMO Capital Markets | Outperform to Market Perform | |
| 2008-06-17 | Upgrade | Stifel Nicolaus | Hold to Buy | $14 |
| 2008-03-13 | Reiterated | BMO Capital Markets | Outperform | $13 to $14 |
| 2008-01-23 | Upgrade | BMO Capital Markets | Market Perform to Outperform | |
| 2007-06-11 | Downgrade | Stifel Nicolaus | Buy to Hold | |
| 2007-03-30 | Initiated | Banc of America Sec | Neutral | $16 |
| 2007-02-02 | Initiated | Citigroup | Hold |
| 2016-06-28 | Downgrade | Boenning Scattergood | Neutral to Underperform | $6.50 |
| 2016-05-10 | Upgrade | Wunderlich | Hold to Buy | $7.50 to $8.00 |
| 2015-12-18 | Reiterated Rating | Boenning Scattergood | Neutral | |
| 2015-05-06 | Lower Price Target | Wunderlich | Hold | $8.00 to $7.00 |
| 2015-03-24 | Initiated Coverage | Robert W. Baird | Neutral | $8.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In CDR 26 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| BlackRock Fund Advisors | 6.39M |
| BlackRock Institutional Trust Company, N.A. | 3.30M |
| BLACKROCK ADVISORS LLC | 1.56M |
| KILLEN GROUP INC | 0.92M |
| MANNING & NAPIER ADVISORS LLC | 0.67M |
| RUSSELL FRANK CO/ | 0.66M |
| BlackRock Group LTD | 0.65M |
| TIAA CREF INVESTMENT MANAGEMENT LLC | 0.57M |
| BlackRock Investment Management, LLC | 0.46M |
| TEACHERS ADVISORS INC | 0.20M |
| GOLDMAN SACHS GROUP INC | 83692 |
| PIONEER INVESTMENT MANAGEMENT INC | 61030 |
| Harrison Street Securities, LLC | 50298 |
| Jump Trading, LLC | 30300 |
| OPPENHEIMER FUNDS INC | 25672 |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| ULLMAN LEO S President & CEO | 1.23% (973535) | CDR / |
| Zeigler Robin McBride Chief Operating Officer | 0.62% (493275) | CDR / |
| Mays Philip Chief Financial Officer | 0.59% (469992) | CDR / |
| RICHEY THOMAS B Vice President | 0.42% (330498) | CDR / |
| WALKER BRENDA J Vice President | 0.39% (306001) | CDR / |
| Mozzachio Nancy Vice President | 0.37% (293142) | CDR / |
| KREIDER LAWRENCE E CFO | 0.30% (235809) | CDR / |
| CEDAR REALTY TRUST, INC. Chief Financial Officer | 0.29% (230902) | CDR / |
| WIDMANN ROGER M | 0.15% (120475) | CDR / PXR / SMP / |
| WIDOWSKI STUART H Vice President | 0.13% (101416) | CDR / |
| HOOTKIN PAMELA N | 0.11% (89744) | CDR / |
| KIRK PAUL G JR | 0.11% (86425) | CDR / HIG / |
| Homburg Richard | 0.11% (83577) | CDR / |
| BURNS JAMES J | 0.10% (79189) | CDR / OLP / |
| MILLER EVERETT B III | 0.10% (76375) | CDR / |
| Eisenstat Abraham | 0.09% (72092) | CDR / |
| Schanzer Bruce J President and CEO | 0.05% (37664) | CDR / |
| Yarmak Joel Chief Administrative Officer | 0.05% (37299) | CDR / |
| ROGERS STEVEN G | 0.03% (26345) | CDR / |
| Gonsalves Gregg A | 0.02% (18955) | CDR / |