CEDAR REALTY TRUST, INC. (CDR-PB) Form 10-Q — Aug 6, 2026
Cedar Realty Trust reported Q2 2026 revenue of $6.6 million, down 11.8% year over year, with net income of $115,000 versus a $133,000 loss in the prior-year quarter; the loss attributable to common shareholders was $427,000, or $0.03 per share. The company, a subsidiary of Wheeler REIT that now owns 12 grocery-anchored shopping centers in the Northeast, lifted Same-Property occupancy to 92.1% from 90.1% and posted a 12.9% renewal rent spread in the quarter, though Same-Property NOI fell 6.1% on lower expense recoveries and Q2 FFO dropped to $0.10 per share from $0.26.
Key figures
- Revenue
- 6577000
- Net Income
- 115000
- Total Debt
- 140283000
- Revenue Yoy
- -11.8%
- Total Assets
- 162218000
- Cash Position
- 5116000
- Shares Outstanding
- 13718169
- Gross debt
- 142761000
- Total equity
- 3854000
- Restricted cash
- 12362000
- Properties owned
- 12
- Six month revenue
- 13448000
- Ffo per share q2 2025
- 0.26
- Ffo per share q2 2026
- 0.1
- Six month revenue yoy
- -9.6%
- Affo per share q2 2026
- 0.07
- Renewal rent spread q2
- 12.9%
- Preferred stock balance
- 65324000
- Same property occupancy
- 92.1%
- Same property noi q2 yoy
- -6.1%
- Related party due to whlr
- 11490000
- Same property noi q2 2026
- 4325000
- Weighted average interest rate
- 5.6%
- Same property occupancy prior year
- 90.1%
- Q2 dividends declared series b per share
- 0.453125
- Q2 dividends declared series c per share
- 0.40625
- Annual dividend savings from preferred retirements
- 6300000
AI analysis
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