Headlines about Cedar Realty Trust (NYSE:CDR) have trended positive this week, Alpha One Sentiment Analysis reports. The research firm, a subsidiary of Accern, rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable.
Cedar Realty Trust earned a media sentiment score of 0.27 on Alpha One’s scale. Alpha One also assigned headlines about the real estate investment trust an impact score of 25 out of 100, meaning that recent press coverage is very unlikely to have an effect on the stock’s share price in the near future.
Shares of Cedar Realty Trust (NYSE:CDR) opened at 5.01 on Monday. Cedar Realty Trust has a 12 month low of $4.81 and a 12 month high of $8.08. The firm has a market capitalization of $411.73 million, a P/E ratio of 108.91 and a beta of 0.88. The company’s 50 day moving average price is $5.22 and its 200-day moving average price is $5.81.
Cedar Realty Trust (NYSE:CDR) last released its earnings results on Thursday, May 4th. The real estate investment trust reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The firm had revenue of $36.77 million during the quarter, compared to analyst estimates of $36.37 million.
Shares of Cedar Realty Trust (NYSE:CDR) opened at 5.01 on Monday. Cedar Realty Trust has a 12 month low of $4.81 and a 12 month high of $8.08. The firm has a market capitalization of $411.73 million, a P/E ratio of 108.91 and a beta of 0.88. The company’s 50 day moving average price is $5.22 and its 200-day moving average price is $5.81.
Cedar Realty Trust (NYSE:CDR) last released its earnings results on Thursday, May 4th. The real estate investment trust reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The firm had revenue of $36.77 million during the quarter, compared to analyst estimates of $36.37 million.
Cedar Realty Trust had a return on equity of 3.26% and a net margin of 8.46%. The business’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 earnings per share. On average, equities analysts predict that Cedar Realty Trust will post $0.12 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, May 22nd. Investors of record on Friday, May 12th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, May 10th. This represents a $0.20 annualized dividend and a yield of 3.99%. Cedar Realty Trust’s payout ratio is currently -666.44%.
A number of brokerages recently issued reports on CDR. TheStreet raised Cedar Realty Trust from a “d+” rating to a “c” rating in a research report on Friday, May 5th. Zacks Investment Research raised Cedar Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. Finally, Robert W. Baird raised Cedar Realty Trust from a “neutral” rating to an “outperform” rating and cut their price objective for the stock from $8.00 to $6.00 in a research report on Monday, March 13th.
The firm also recently announced a quarterly dividend, which was paid on Monday, May 22nd. Investors of record on Friday, May 12th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, May 10th. This represents a $0.20 annualized dividend and a yield of 3.99%. Cedar Realty Trust’s payout ratio is currently -666.44%.
A number of brokerages recently issued reports on CDR. TheStreet raised Cedar Realty Trust from a “d+” rating to a “c” rating in a research report on Friday, May 5th. Zacks Investment Research raised Cedar Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. Finally, Robert W. Baird raised Cedar Realty Trust from a “neutral” rating to an “outperform” rating and cut their price objective for the stock from $8.00 to $6.00 in a research report on Monday, March 13th.
One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Cedar Realty Trust presently has a consensus rating of “Hold” and an average price target of $6.94.
In other Cedar Realty Trust news, insider Bruce J. Schanzer bought 14,000 shares of the company’s stock in a transaction that occurred on Friday, March 10th. The stock was purchased at an average cost of $4.99 per share, for a total transaction of $69,860.00. Following the completion of the purchase, the insider now owns 2,633,593 shares of the company’s stock, valued at approximately $13,141,629.07. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
In other Cedar Realty Trust news, insider Bruce J. Schanzer bought 14,000 shares of the company’s stock in a transaction that occurred on Friday, March 10th. The stock was purchased at an average cost of $4.99 per share, for a total transaction of $69,860.00. Following the completion of the purchase, the insider now owns 2,633,593 shares of the company’s stock, valued at approximately $13,141,629.07. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
Also, insider Bruce J. Schanzer bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, March 2nd. The stock was acquired at an average price of $5.52 per share, with a total value of $27,600.00. Following the completion of the purchase, the insider now directly owns 2,626,593 shares of the company’s stock, valued at approximately $14,498,793.36. The disclosure for this purchase can be found here. Insiders purchased 41,725 shares of company stock valued at $218,556 over the last quarter. Insiders own 4.42% of the company’s stock.
Cedar Realty Trust Company Profile
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).
By: Andrew Walz (Baseball News Source).
Photo: USA Commerce Daily.
Review: Emerging Market Formulations & Research Unit, Flagship Records.
Cedar Realty Trust Company Profile
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).
By: Andrew Walz (Baseball News Source).
Photo: USA Commerce Daily.
Review: Emerging Market Formulations & Research Unit, Flagship Records.