📊 CDR-PB Key Takeaways
Investment Thesis
Cedar Realty Trust exhibits severe financial distress with negative net income (-$1.9M), extremely high leverage (22x debt-to-equity), and deteriorating revenue (-14.1% YoY). The company's negative ROE (-29.4%) and minimal interest coverage (1.4x) indicate inability to service debt obligations, making it highly vulnerable to default or restructuring.
CDR-PB Strengths
- Positive operating cash flow of $8.0M demonstrates some operational liquidity
- Operating margin of 26.9% suggests core real estate operations generate reasonable returns before debt burden
- Free cash flow margin of 26.9% indicates theoretical cash generation capacity from operations
CDR-PB Risks
- Extreme leverage at 22x debt-to-equity with $140M long-term debt against $6.4M equity creates insolvency risk
- Revenue decline of 14.1% YoY signals deteriorating property performance or occupancy rates
- Interest coverage ratio of 1.4x leaves minimal cushion; slight operational decline would breach debt covenants
- Negative net income and negative ROA (-1.1%) indicate value destruction for shareholders
- No insider buying activity suggests management lacks confidence in recovery
Key Metrics to Watch
- Quarterly revenue trends and occupancy rates (trajectory critical given -14.1% YoY decline)
- Debt refinancing activity and covenant compliance status (with 1.4x coverage, any missed rent collection is dangerous)
- Cash flow sustainability and capital expenditure requirements (operations generate $8M but must service $140M debt)
CDR-PB Financial Metrics
💡 AI Analyst Insight
The 26.9% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
CDR-PB Profitability Ratios
CDR-PB vs Default Sector
How CEDAR REALTY TRUST, INC. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CDR-PB Balance Sheet & Liquidity
CDR-PB 5-Year Financial Trend
5-Year Trend Summary: CEDAR REALTY TRUST, INC.'s revenue has declined by 76% over the 5-year period, indicating business contraction. The most recent EPS of $0.14 reflects profitable operations.
CDR-PB Growth Metrics (YoY)
CDR-PB Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $6.9M | $18.0K | $-0.11 |
| Q2 2025 | $7.5M | $18.0K | $0.12 |
| Q1 2025 | $7.4M | $323.0K | $-0.17 |
| Q3 2024 | $8.1M | $14.0K | $0.02 |
| Q2 2024 | $8.3M | $14.0K | $-0.19 |
| Q1 2024 | $8.8M | $14.0K | $-0.17 |
| Q3 2023 | $7.8M | $1.9M | $0.02 |
| Q2 2023 | $8.3M | -$1.1M | $-0.27 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CDR-PB Capital Allocation
CDR-PB SEC Filings
Access official SEC EDGAR filings for CEDAR REALTY TRUST, INC. (CIK: 0000761648)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CDR-PB
What is the AI rating for CDR-PB?
CEDAR REALTY TRUST, INC. (CDR-PB) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CDR-PB's key strengths?
Positive operating cash flow of $8.0M demonstrates some operational liquidity. Operating margin of 26.9% suggests core real estate operations generate reasonable returns before debt burden.
What are the risks of investing in CDR-PB?
Extreme leverage at 22x debt-to-equity with $140M long-term debt against $6.4M equity creates insolvency risk. Revenue decline of 14.1% YoY signals deteriorating property performance or occupancy rates.
What is CDR-PB's revenue and growth?
CEDAR REALTY TRUST, INC. reported revenue of $29.7M.
Does CDR-PB pay dividends?
CEDAR REALTY TRUST, INC. does not currently pay dividends.
Where can I find CDR-PB SEC filings?
Official SEC filings for CEDAR REALTY TRUST, INC. (CIK: 0000761648) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CDR-PB's EPS?
CEDAR REALTY TRUST, INC. has a diluted EPS of $0.79.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.