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NYSE · Real Estate

CEDAR REALTY TRUST, INC. (CDR-PB)

As-reported financials and SEC filings for CEDAR REALTY TRUST, INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About CEDAR REALTY TRUST, INC.

Cedar Realty Trust, Inc. is a real estate investment trust that owns and operates income-producing retail properties, primarily grocery-anchored shopping centers in the Northeast United States. The company manages a portfolio of retail centers focused on necessity-based retail tenants that serve essential daily shopping needs. Cedar Realty Trust aims to maximize portfolio value through leasing strategies, property improvements, and selective acquisitions while maintaining a stable and lower-risk retail real estate portfolio.

Snapshot

Revenue
$29.7M
Revenue growth (YoY)
-14.1%
Net income
$-1.9M
Diluted EPS
$0.79
Gross margin
Operating margin
26.9%
Net margin
-6.3%
FCF margin
ROE
-29.4%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
Long-term debt / equity
22.00×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Cedar Realty Trust

  • Revenue fell 14.1% to $30M in FY2025, after a 0.2% decline the year before.
  • Operating margin turned positive at 26.9% in FY2025, from a 55.6% operating loss in FY2021.
  • Most recent quarter Q2 FY2026: revenue $7M, down 11.8% from Q2 FY2025.
  • Net income turned to a $2M loss in FY2025, from a $5M profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Cedar Realty Trust’s fundamentals sit among the 165 REITs. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin26.9%
56th percentile of 81
Net margin-6.3%
21st percentile of 156
Revenue growth (YoY)-14.1%
5th percentile of 161
ROE-29.4%
3rd percentile of 142
Long-term debt / equity22.00×
Highest of 100

Cedar Realty Trust’s long-term debt to equity of 22.00 is the highest of the 100 REITs reporting it. Cedar Realty Trust’s return on equity of -29.4% ranks in the 3rd percentile of the 142 REITs reporting it. Cedar Realty Trust’s revenue growth of -14.1% ranks in the 5th percentile of the 161 REITs reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$29.7M$34.5M$34.6M$34.3M$39.2M
Gross profit
Operating income$8.0M$13.6M$10.0M$-68.1M$-21.8M
Net income$-1.9M$4.5M$2.0M$44.0M$-45.1M
Diluted EPS$0.79$0.14$-0.64$2.48$-4.24

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$5.2M$23.1M$6.5M$3.9M$3.0M
Current assets
Total assets$165.2M$216.9M$233.1M$234.2M$1.02B
Current liabilities
Long-term debt$140.0M$143.0M$140.5M$131.5M$527.0M
Total liabilities$158.8M$160.7M$159.6M$152.0M$576.9M
Total equity$6.4M$56.2M$73.5M$82.2M$440.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$8.0M$9.5M$8.2M$-20.5M$45.0M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$6.6M-11.8%$115,000
Q1 FY2026$6.9M-7.3%$-291,000
Q4 FY2025$7.9M-12.4%$1.9M$0.14
Q3 FY2025$6.9M-15.5%$-5.0M
Q2 FY2025$7.5M-13.4%$-133,000
Q1 FY2025$7.4M-15.4%$1.4M
Q4 FY2024$9.1M2.9%$3.8M$0.28
Q3 FY2024$8.1M-5.9%$357,000

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorReal Estate
SIC industryReal Estate Investment Trusts
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2007
SEC CIK761648

Selected SEC filings

10-K2026-03-05
View on EDGAR →
10-K2025-03-04
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-08
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
10-Q2025-08-05
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-07-30
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.