Home Dividends High Dividend Yield Recent Movement: Cedar Realty Trust (NYSE: CDR)

Recent Movement: Cedar Realty Trust (NYSE: CDR)


Cedar Realty Trust is part of the REITs industry and is part of the real estate sector. The company CEO is Bruce J. Schanzer. Cedar Realty Trust Inc is a real estate investment trust. It owns, acquires, develops, redevelops, and manages grocery and drugstore anchored community shopping centers. The company generates revenue in the form of rent.

Previous Intraday Trading Performance:

The CDR stock showed a previous change of 1.52% with an open at 3.32 and a close of 3.35. It reached an intraday high of 3.37 and a low of 3.32.

SeekingAlpha:  Cedar Realty Trust, Inc. (CDR) CEO Bruce Schanzer on Q4 2018 Results – Earnings Call Transcript


The stock has a market cap of $298.5m with 89.1m shares outstanding, of which the float is 82.3m shares. Trading volume reached 211,913 shares compared to its average volume of 367,539 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Cedar Realty Trust shares returned 3.08% and in the past 30 trading days it returned -1.50%. Over three months, it changed -1.79%. In one year it has changed -11.04% and within that year its 52-week high was 5.34 and its 52-week low was 2.73. CDR stock is 22.71% above its 52 Week Low.

Our calculations show a 200 day moving average of 3.94 and a 50 day moving average of 3.38. Currently CDR stock is trading -14.88% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Cedar Realty Trust, Inc. (CDR) CEO Bruce Schanzer on Q4 2018 Results – Earnings Call Transcript


The last annual fiscal EPS for the company was reported at 0.58 that ended on 31st of December 2018. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.13. The TTM EPS is 0.58, which comes to a TTM PE of 5.78.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.13
09-30-2018:  0.13
06-30-2018:  0.19
03-31-2018:  0.13

The dividend per share is currently 0.20, which is a dividend yield of 5.97%. Also, the payout ratio is 34.48%, therefore the dividend is safe according to our calculations. CDR stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.

Base on our calculations, the intrinsic value per share is 4.16, which means it is possibly undervalued and has a margin of safety of 19.41%

Indicators to Watch:

Based on the latest filings, there is 130.10% of institutional ownership. Short-interest is 999,735, which is 1.12% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.57. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.05

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -2.78%, return on assets is -0.92%, profit margin is 3.65%, price-to-sales is 2.00 and price-to-book is 0.74.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 4  :Financial Strength Score
 3  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.