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Cedar Realty Trust Inc (CDR) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

Cedar Realty Trust Inc (CDR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Cedar Realty Trust Inc is a real estate investment trust. It owns, acquires, develops, redevelops, and manages grocery and drugstore anchored community shopping centers. Cedar Realty Trust Inc has a market cap of $390.830 million; its shares were traded at around $4.28 with and P/S ratio of 2.41. The dividend yield of Cedar Realty Trust Inc stocks is 4.67%.


For the last quarter Cedar Realty Trust Inc reported a revenue of $37.1 million, compared with the revenue of $37.17 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $146.0 million, a decrease of 3.4% from the previous year. For the last five years Cedar Realty Trust Inc had an average revenue growth rate of 1.8% a year.

The reported loss per diluted share was 4 cents for the year, an increase of -50% from previous year. The Cedar Realty Trust Inc enjoyed an operating margin of 28.81%, compared with the operating margin of 25.1% a year before. The 10-year historical median operating margin of Cedar Realty Trust Inc is 28.87%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Cedar Realty Trust Inc has the cash and cash equivalents of $3.70 million, compared with $2.88 million in the previous year. The long term debt was $525.1 million, compared with $138.2 million in the previous year. The interest coverage to the debt is 1.9, which is not a favorable level. Cedar Realty Trust Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $4.28, Cedar Realty Trust Inc is traded at 17.2% discount to its historical median P/S valuation band of $5.17. The P/S ratio of the stock is 2.41, while the historical median P/S ratio is 2.93. The stock lost 24.15% during the past 12 months.

For the complete 20-year historical financial data of CDR, click here.

This article first appeared on GuruFocus.