Cedar Realty Trust, Inc. (CDR-PC)

Cedar Realty Trust, Inc. (CDR-PC) Real Estate Portfolio & Strategy

Cedar Realty Trust, Inc., a subsidiary of Wheeler Real Estate Investment Trust, focuses on owning, operating, and redeveloping grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston, managing a portfolio of 54 properties with approximately 8.1 million square feet of gross leasable area.

What Is the Investment Thesis for CDR-PC?

Cedar Realty Trust, Inc., now a subsidiary of Wheeler Real Estate Investment Trust, presents a focused investment profile centered on grocery-anchored retail properties. With a market capitalization of $242.13M and a P/E ratio of 0.2, the company demonstrates potential value. A key driver is the consistent demand for grocery-anchored centers in densely populated urban areas. The company's portfolio of 54 properties, totaling 8.1 million square feet, generates stable income. Ongoing: The company's redevelopment efforts could enhance property values and rental income. Potential: Risks include the integration challenges following the acquisition by Wheeler Real Estate Investment Trust and broader economic factors affecting retail real estate.

Based on FMP financials and quantitative analysis

CDR-PC Key Highlights

• Market capitalization of $242.13M indicates the company's size and market value within the REIT sector.
• P/E ratio of 0.2 suggests the company may be undervalued compared to its earnings.
• Gross margin of 51.4% reflects the profitability of the company's operations in managing its retail properties.
• The company's portfolio comprises 54 properties, indicating a significant footprint in the grocery-anchored retail space.
• The company manages approximately 8.1 million square feet of gross leasable area, demonstrating the scale of its operations.

Who Are CDR-PC's Competitors?

CDR-PC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are CDR-PC's Key Strengths?

• Focus on grocery-anchored shopping centers.
• Properties located in high-density urban markets.
• Integrated management approach.
• Redevelopment expertise.

What Are CDR-PC's Weaknesses?

• Operates as a subsidiary of Wheeler Real Estate Investment Trust, Inc.
• Limited geographic diversification.
• Dependence on anchor tenants.

What Could Drive CDR-PC Stock Higher?

• Redevelopment of existing properties to attract higher-paying tenants and improve the shopping experience.
• Strategic acquisitions of additional grocery-anchored shopping centers in high-density urban markets.
• Enhanced tenant mix by attracting a diverse range of retailers to increase foot traffic and revenue.
• Implementation of digital technologies to enhance the shopping experience and customer engagement.

What Are the Key Risks for CDR-PC?

• Financial-distress signal — its Altman Z-Score of -6.83 sits in the distress zone (elevated bankruptcy risk).
• Insider selling — insiders were net sellers of roughly $31535.8B recently.
• Economic downturns that could reduce consumer spending and impact tenant sales.
• Increased competition from other REITs and retail properties.
• Changes in consumer shopping habits and the growth of e-commerce.
• Integration challenges following the acquisition by Wheeler Real Estate Investment Trust, Inc.
• Rising interest rates that could increase borrowing costs and reduce profitability.

What Are the Growth Opportunities for CDR-PC?

• Growth opportunity 1: Redevelopment of Existing Properties: Cedar Realty Trust can increase revenue by redeveloping existing properties to attract higher-paying tenants and improve the overall shopping experience. This involves modernizing facilities, attracting popular retailers, and optimizing space utilization. The market for upgraded retail spaces in urban areas is substantial, with potential revenue increases of 10-15% per redeveloped property. This is an Ongoing strategy.
• Growth opportunity 2: Strategic Acquisitions: Acquiring additional grocery-anchored shopping centers in high-density urban markets can expand Cedar Realty Trust's portfolio and increase its revenue base. The market for retail property acquisitions is competitive, but strategic acquisitions can provide access to new markets and tenants. The company can target properties with strong anchor tenants and redevelopment potential. This is an Ongoing strategy.
• Growth opportunity 3: Enhanced Tenant Mix: Improving the tenant mix by attracting a diverse range of retailers can increase foot traffic and revenue. This involves targeting tenants that complement the grocery anchor and provide a variety of goods and services. The company can focus on attracting restaurants, specialty stores, and service providers that appeal to the local community. This is an Ongoing strategy.
• Growth opportunity 4: Digital Integration: Implementing digital technologies to enhance the shopping experience can attract and retain customers. This includes offering online ordering, mobile apps, and digital marketing campaigns. The market for digital retail solutions is growing rapidly, with potential revenue increases of 5-10% through enhanced customer engagement. This is an Ongoing strategy.
• Growth opportunity 5: Expansion into New Urban Markets: Expanding into new high-density urban markets can provide access to new customers and revenue streams. This involves identifying markets with strong demographics, limited competition, and a need for grocery-anchored retail. The company can target markets in the Northeast and Mid-Atlantic regions, where it already has a presence. This is a Potential strategy with a timeline of 3-5 years.

What Opportunities Does CDR-PC Have?

• Redevelopment of existing properties.
• Strategic acquisitions.
• Expansion into new urban markets.
• Enhanced tenant mix.

What Threats Does CDR-PC Face?

• Economic downturns.
• Increased competition from other REITs.
• Changes in consumer spending habits.
• E-commerce disruption.

What Are CDR-PC's Competitive Advantages?

• Focus on grocery-anchored centers provides stable demand.
• Strategic locations in high-density urban markets.
• Integrated management approach ensures efficiency.
• Redevelopment expertise enhances property values.

What Does CDR-PC Do?

Cedar Realty Trust, Inc. is a fully-integrated real estate investment trust (REIT) that specializes in the ownership, operation, and redevelopment of grocery-anchored shopping centers. These properties are strategically located in high-density urban markets stretching from Washington, D.C., to Boston. The company aims to provide essential retail spaces that cater to the daily needs of urban communities. Founded with a focus on necessity-based retail, Cedar Realty Trust has evolved to concentrate on properties that offer stable income streams and redevelopment opportunities. As of August 23, 2022, Cedar Realty Trust operates as a subsidiary of Wheeler Real Estate Investment Trust, Inc. Cedar Realty Trust's portfolio comprises 54 properties, excluding those held for sale, encompassing approximately 8.1 million square feet of gross leasable area. These centers are designed to attract consistent foot traffic and provide essential goods and services to their surrounding communities. The company's integrated approach allows it to manage all aspects of its properties, from acquisition and development to leasing and operations, ensuring a cohesive and efficient business model. The focus on grocery-anchored centers provides a degree of resilience compared to other retail segments, as these stores tend to be less susceptible to economic downturns and e-commerce disruption.

What Products and Services Does CDR-PC Offer?

• Own and operate grocery-anchored shopping centers.
• Redevelop existing retail properties to enhance value.
• Lease retail space to a variety of tenants.
• Manage property operations and maintenance.
• Acquire new retail properties in strategic locations.
• Focus on high-density urban markets from Washington, D.C. to Boston.

How Does CDR-PC Make Money?

• Generate revenue through rental income from tenants.
• Increase property values through redevelopment and improvements.
• Manage operating expenses to maximize profitability.
• Acquire properties that meet specific investment criteria.

What Industry Does CDR-PC Operate In?

Cedar Realty Trust, Inc. operates within the REIT-Retail sector, which involves owning and managing retail properties. The industry is influenced by consumer spending, economic growth, and e-commerce trends. Grocery-anchored centers, like those in Cedar Realty Trust's portfolio, tend to be more resilient than other retail segments due to their focus on essential goods and services. The competitive landscape includes other REITs specializing in retail properties. These companies compete for tenants, acquisitions, and capital. Cedar Realty Trust's focus on high-density urban markets differentiates it within the broader retail REIT landscape.

Who Are CDR-PC's Key Customers?

• Grocery store chains (anchor tenants)
• Retail businesses (small and large)
• Consumers in urban communities

ROE 10%Key Financial Metrics

Return on equity for Cedar Realty Trust, Inc. stands at 9.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.0%, showing how much profit it generates from its asset base. CDR-PC trades at a trailing price-to-earnings ratio of 0.21, below the Real Estate sector average of ~20x. A current ratio of 2.93 indicates the company holds enough short-term assets to cover its near-term obligations.

Cedar Realty Trust, Inc. (CDR-PC) Valuation Context

Valued at $242.13M, CDR-PC is classified as a micro-cap stock. Relative to its peer group, CDR-PC's quantitative score of 51/100 is roughly in line with the peer average of 59/100.

Company Profile

Cedar Realty Trust, Inc. operates in the REIT - Retail industry within the Real Estate sector. It is headquartered in Virginia Beach, US. The company is led by CEO Michael Andrew Franklin. CDR-PC has traded publicly since 2017.

F-Score 4/9Financial Health

Cedar Realty Trust, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -6.83 places it in the distress zone, a signal of elevated financial risk.

FY2026 estForward Outlook

Wall Street analysts project Cedar Realty Trust, Inc. revenue of about $145.7M for fiscal 2026, with EPS near $-0.13.

Net sellingInsider Activity

Over the past six months, Cedar Realty Trust, Inc. insiders filed 22 SEC Form 4 transactions — 19 sales and 3 purchases. On net that is roughly 198K shares disposed (about $31535.8B), a signal worth weighing alongside the fundamentals.

CDR-PC Financials

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CDR-PC Analyst Consensus

CDR-PC MoonshotScore

Cedar Realty Trust, Inc. Real Estate Stock: Key Questions Answered

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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