U.S. markets closed

Cedar Realty Trust, Inc. (CDR-PB)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
19.50-0.28 (-1.42%)
At close: 3:57PM EDT
Sign in to post a message.
  • b
    bucknaked
    Grocery Anchored REITS are a great investment now. Undervalued with little chance of failure. Remember CDR collected 88% of their rent in June so not that bad at all. They paid a small dividend so have FCF.
  • D
    David
    I am holding 71K shares of CDR. It is a steal at this price.

    Looking forward to increasing to 100K shares.

    Big thinks to those to sold it to me.
  • t
    tell it like it is1
    I like Reits and especially if their at a discount, This will be a $2 stock when the outbreak is contained or eradicated!
    Bullish
  • b
    bucknaked
    @david @tim the seeking alpha article is here https://seekingalpha.com/article/4371046-shopping-center-reits-essential-bargain

    But if you read the question section the author's specifically say the CDR is not at risk at going bankrupt if things progress as is. They do say if there is a *huge* 2nd wave of infections then CDR (and many other companies also) will have to go to some sort of restructuring.
    Move aside, retail apocalypse. Despite being the primary distribution center to many suddenly-thriving essential retailers, shopping center REITs have plunged more than 40% in 2020 amid the ongoing coronavirus crisis.
    Move aside, retail apocalypse. Despite being the primary distribution center to many suddenly-thriving essential retailers, shopping center REITs have plunged more than 40% in 2020 amid the ongoing coronavirus crisis.
    seekingalpha.com
  • z
    zag
    Great management. This is going to $2+
    You need to listen to the earning call in order to believe.
  • b
    bucknaked
    Down again today. Crazy. I loaded up some more.

    It's crazy how this REIT is returning positive cash flow, still has a (small) dividend, has great management and great projects downstream but is getting hammered by Mr Market.
  • b
    bucknaked
    Great result today. Up 4% and whethered a strong downwards pressure and still stayed close to a $1.

    Once a vaccine has emergency authorization the stock will pop. It's not unrealistic this will happen by October because the standard for the vaccine is quite low (50+% effectiveness vs 97% for Measle).

    Hang long.
    Bullish
  • b
    bill
    Agree , undeserved stock price to be sub dollar. Look at Book value above 3 bucks. Only thing I can say is company wants low stock price to take private. Just like STCN
  • z
    zag
    Good company with great assets and great management.
    Manipulation
  • T
    Tom
    maybe they need to say they're making an electric car for the price to go up
  • z
    zag
    Fundamentals means nothing in this crazy market.
    This company should trade close to book value but I learned not to fight the trends.
    GL
  • b
    bucknaked
    Stay tight friends and do not sell!

    The fundamentals are great as @zag states. It's just that people see CDR having "only" a 3 fold upside and would rather risk their money in tech stocks which give you 5 x 1 splits etc. This is great vaccum sucking out funds from dividend investing stocks to growth stocks.

    Nothing wrong with that but I'm slowly divesting from Tech (it's given me a great run) and investing in REITs. I suspect others will do the same but it will take them longer.
    Bullish
  • T
    Tm
    Seeking alpha article notes cdr in bankruptcy zone too much debt they need to deleverage to get stock price up of course if that’s what management really wants
  • C
    Chris
    Arbitrage opportunity on the preferred shares....sell the B shares and buy the C shares. Yield is higher and capital appreciation is more in case these ever get called. Sold my B shares for the C shares today. Good luck!
  • b
    bucknaked
    This is baffling. I read the transcript I listen to the earnings call and it's a great management team.

    They turned a profit during the middle of a coronavirus one of the few REITs to do so yet the stock is down?
    Bullish
  • M
    MrM
    CBL CEO just added 1.5M shares!
  • b
    bucknaked
    Up nearly 4%. yeah!
    Bullish
  • w
    winmore
    not good, share price reflects the reality
  • M
    MrM
    You need to check out CBL. That is going to explode like OAS soon
    Bullish
  • t
    tell it like it is1
    Looking good today ! Go Cedar !
    Bullish