Stocks · Real Estate · REIT - Retail

Cedar Realty Trust, Inc. CDR-PC

$15.05 -0.33% Close, Oct 2, 2026 · NYSE · Market cap $206.5M

Expensive vs sector

Next earnings report: Nov 6, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $-0.07, down 105.3% year over year.
  2. Operating margin narrowed to 16.3% from 47.0% a year earlier.
  3. Net debt is 10.3× EBITDA, a high level of leverage.

PromtFinance scores

Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth23Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 12%
  • EPS growth (TTM, YoY)Bottom 10%
  • FCF growth (TTM, YoY)Top 4%
  • Revenue growth, 3-year CAGRBottom 11%
  • Revenue growth accelerationTop 47%
Quality55Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 6%
  • Gross marginTop 44%
  • Operating marginBottom 33%
  • Accruals (lower is better)Top 12%
  • Net debt / EBITDA (lower is better)Bottom 25%
  • Interest coverBottom 23%
Value12Very weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 28%
  • Free-cash-flow yieldBottom 33%
  • EBITDA / enterprise valueBottom 23%
  • Sales / enterprise valueBottom 27%
Momentum27Very weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 38%
  • 6-month returnBottom 13%
  • 1-year return vs S&P 500Bottom 49%
  • Distance from 52-week highBottom 28%
  • Trend checklist (0–4)Bottom 22%
Revisions12Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 5%
  • Consecutive EPS beatsBottom 48%
Stability51Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 17%
  • Maximum drawdown, 3 yearsTop 35%
  • Beta vs S&P 500 (lower is better)Top 2%
  • Net debt / EBITDA (lower is better)Bottom 25%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)-12.3%-11.8%↑
EPS growth (YoY)-92.2%-105.3%↓
Gross margin63.2%53.1%↓
Operating margin47.0%16.3%↓
FCF margin4.5%22.4%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-11.8%-12.3%↑Bottom 12%
EPS growth (TTM, YoY)-105.3%-92.2%↓Bottom 10%
Gross margin53.1%63.2%↓Top 44%
Operating margin16.3%47.0%↓Bottom 33%
Net margin-11.9%17.2%↓—
Free-cash-flow margin22.4%4.5%↑—
Return on invested capital40.2%—Top 6%
Revenue growth, 3-year CAGR-4.3%—Bottom 11%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-7.4%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+5.2 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
10.32×
Interest cover (operating income / interest)How many times operating profit covers interest.
0.5×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
4.90%
Shareholder yield
4.90%
Share count change, 1 year
+0.0%
Share count change, 3-year CAGR
+0.0%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
1
Beats in the last 8 reports
5 of 8
Average EPS surprise, last 4
-100.0%
Average 2-day reaction, last 8
-0.2%
Positive 20 days after report
3 of 8

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 31, 2026+68.9%-1.2%-0.8%-2.1%—
May 29, 2026-68.5%-0.8%+0.0%-8.5%-21.4%
Mar 13, 2026+268.5%+1.2%-1.3%+1.7%-4.3%
Nov 28, 2025-700.0%-0.9%+0.8%+4.8%+8.7%
Aug 19, 2025+271.4%+0.1%+1.4%+2.9%+6.4%
May 6, 2025+1124.3%-0.8%-3.9%-1.7%+4.4%
Mar 4, 2025+2133.3%+0.3%+1.1%-4.4%-6.3%
Nov 7, 2024—+0.2%-2.2%-2.2%+5.2%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 31, 2026-$0.03-$0.10+68.9%$6.6M
May 29, 2026$0.01$0.02-68.5%$6.9M
Mar 13, 2026$0.07$0.02+268.5%$7.9M
Nov 28, 2025-$0.12$0.02-700.0%$6.9M
Aug 19, 2025$0.12-$0.07+271.4%$7.5M
May 6, 2025$0.72-$0.07+1124.3%$7.4M
Mar 4, 2025$0.61-$0.03+2133.3%$9.1M
Nov 7, 2024-$0.11——$8.1M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
EV / EBITDA26.0×——Bottom 23%
EV / Sales12.12×——Bottom 27%
Free-cash-flow yield3.07%——Bottom 33%
Earnings yield-0.47%——Bottom 28%

P/E over the past five years

Range 4.0× – 261.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-7.4%
Earnings per share growth (TTM)
-105.3%
Change in P/E multiple
+1702.3%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-4.7%
200-day average slope (20 days)
-0.8%
Distance from 50-day average
-5.1%
Distance from 200-day average
-16.4%
RSI (14)
40.7
Relative volume
1.49×

Risk and drawdowns

Volatility, 60 days (annualized)
36.8%
Volatility vs own 5-year history
69th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.00
Correlation with S&P 500
0.00
Current drawdown from 1-year high
-30.6%
Maximum drawdown, 3 years
-30.7%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Oct 8, 2021Jul 19, 2022-75.7%194 daysNot yet recovered
Oct 12, 2020Nov 23, 2020-11.1%30 days12 days (Dec 10, 2020)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$206.5M
EPS, diluted (TTM)
-$0.07
Revenue (TTM)
$28.3M
Dividend yield
10.80%
52-week range
$14.99 – $22.11
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$127.5M$34.0M$34.6M$34.5M$29.8M
Gross profit$81.1M$19.9M$21.5M$21.2M$3.8M
Operating income$23.6M$193,000$10.0M$13.6M$8.7M
Net income-$63.7M-$24.3M$2.0M$4.5M-$1.9M
EPS (diluted)-$4.82-$1.81-$0.64$0.14-$0.14
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$8.1M$9.1M$7.4M$7.5M$6.9M$7.9M$6.9M$6.6M
Net income$357,000$3.8M$1.4M-$133,000-$5.0M$1.9M-$291,000$115,000
EPS (diluted)-$0.11$0.61$0.72$0.12-$0.12$0.07$0.01-$0.03
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$45.0M-$20.5M$8.2M$9.5M$8.0M
Capital expenditure-$28.3M-$22.4M-$6.5M-$11.6M-$3.5M
Free cash flow$16.7M-$42.9M$1.8M-$2.1M$4.5M
Dividends paid-$3.9M-$397.3M$0-$10.4M$0
Net share buybacks-$8,000-$467,000$0-$11.5M-$41.9M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$5.1M
Total assets
$162.2M
Total liabilities
$158.4M
Total debt
$141.3M
Net debt
$136.2M
Shareholders’ equity
$3.9M

As of Jun 30, 2026 (filed Aug 6, 2026).

Dividends

Ex-dateAmountPaid
Aug 10, 2026$0.41Aug 20, 2026
May 8, 2026$0.41May 20, 2026
Feb 10, 2026$0.41Feb 20, 2026
Nov 10, 2025$0.41Nov 20, 2025
Aug 8, 2025$0.41Aug 20, 2025
May 9, 2025$0.41May 20, 2025
Feb 10, 2025$0.41Feb 20, 2025
Nov 8, 2024$0.41Nov 20, 2024