Cedar Realty Trust (CDR) Getting Somewhat Positive Media Coverage, Analysis Shows

News headlines about Cedar Realty Trust (NYSE:CDR) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cedar Realty Trust earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.5728920679119 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of research firms have commented on CDR. Zacks Investment Research downgraded Cedar Realty Trust from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Boenning Scattergood reissued a “sell” rating on shares of Cedar Realty Trust in a report on Monday, February 12th. Robert W. Baird dropped their price target on Cedar Realty Trust from $7.00 to $6.00 and set an “outperform” rating for the company in a research report on Monday, February 12th. Raymond James Financial restated a “hold” rating on shares of Cedar Realty Trust in a research report on Thursday, December 14th. Finally, ValuEngine cut Cedar Realty Trust from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $5.75.

Shares of Cedar Realty Trust (NYSE CDR) traded down $0.10 during mid-day trading on Tuesday, hitting $3.86. The stock had a trading volume of 598,818 shares, compared to its average volume of 536,097. Cedar Realty Trust has a twelve month low of $3.86 and a twelve month high of $6.29. The stock has a market capitalization of $369.43, a PE ratio of -128.67 and a beta of 0.94. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.37.

Cedar Realty Trust (NYSE:CDR) last announced its quarterly earnings results on Thursday, February 8th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.11). Cedar Realty Trust had a net margin of 13.11% and a return on equity of 4.71%. The firm had revenue of $37.14 million during the quarter, compared to analysts’ expectations of $37.06 million. During the same quarter in the prior year, the business earned $0.14 EPS. The company’s quarterly revenue was down .1% compared to the same quarter last year. analysts forecast that Cedar Realty Trust will post 0.55 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 20th. Stockholders of record on Monday, February 12th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date of this dividend was Friday, February 9th. Cedar Realty Trust’s dividend payout ratio is currently -666.67%.

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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).

Insider Buying and Selling by Quarter for Cedar Realty Trust (NYSE:CDR)

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