Clipper Realty Inc. (CLPR)

NYSE: CLPR · Real-Time Price · USD
4.460
-0.440 (-8.98%)
Feb 21, 2025, 4:00 PM EST - Market closed
-8.98%
Market Cap 189.39M
Revenue (ttm) 148.78M
Net Income (ttm) -3.98M
Shares Out 42.46M
EPS (ttm) -0.25
PE Ratio n/a
Forward PE n/a
Dividend $0.40 (8.97%)
Ex-Dividend Date Mar 19, 2025
Volume 65,898
Open 5.000
Previous Close 4.900
Day's Range 4.450 - 5.000
52-Week Range 3.380 - 7.120
Beta 1.21
Analysts Sell
Price Target n/a
Earnings Date Feb 14, 2025

About CLPR

Clipper Realty Inc. (the “Company” or “we”) is a self-administered and self-managed real estate company that acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a current portfolio in Manhattan and Brooklyn. Our primary focus is to own, manage and operate our portfolio and to acquire and reposition additional multifamily residential and commercial properties in the New York metropolitan area. The Company has been organized and operates in conformity with the... [Read more]

Sector Real Estate
IPO Date Feb 10, 2017
Employees 148
Stock Exchange NYSE
Ticker Symbol CLPR
Full Company Profile

Financial Performance

In 2024, Clipper Realty's revenue was $148.78 million, an increase of 7.65% compared to the previous year's $138.21 million. Losses were -$3.98 million, -44.69% less than in 2023.

Financial Statements

News

Clipper Realty Inc. (CLPR) Q4 2024 Earnings Call Transcript

Clipper Realty Inc. (NYSE:CLPR) Q4 2024 Earnings Conference Call February 18, 2025 5:00 PM ET Company Participants Lawrence Sava - Corporate Controller David Bistricer - Co-Chairman and CEO Jacob Bis...

3 days ago - Seeking Alpha

Clipper Realty: Remarkable Q4 Reignites Bull Case, 9.3% Dividend Yield A Strong Buy

Clipper Realty's 9.3% dividend yield is significantly elevated due to a broad REIT pullback, presenting a strong buy opportunity with robust revenue growth and record FFO. The REIT's fiscal 2024 fourt...

4 days ago - Seeking Alpha

Clipper Realty Inc. Announces Fourth Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today ...

7 days ago - Business Wire

Clipper Realty Inc. to Report Fourth Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announc...

8 days ago - Business Wire

Clipper Realty: An Undervalued REIT Plagued By High Debt And Limited Geography

Clipper Realty gets a hold rating as its low share price and undervaluation is overcome by negative equity, a limited portfolio, and lacking a proven profitability lately. Macro factors like rental ho...

16 days ago - Seeking Alpha

KBW Announces Index Rebalancing for Fourth-Quarter 2024

NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

Other symbols: ABABRACREAPOARESARIBDN
2 months ago - GlobeNewsWire

Clipper Realty: 7.4% Dividend Yield But Office Property Headwinds Need To Be Addressed For New Highs

Clipper Realty is paying out a 7.4% dividend yield that's fully covered by free cash flow. The plan to sell 10 West 65th Street increases office property exposure and impacts the multifamily pureplay ...

3 months ago - Seeking Alpha

Clipper Realty Inc. (CLPR) Q3 2024 Earnings Call Transcript

Clipper Realty Inc. (NYSE:CLPR) Q3 2024 Earnings Conference Call October 31, 2024 5:00 PM ET Company Participants Lawrence Sava - Corporate Controller Larry Kreider - CFO JJ Bistricer - Chief Operati...

4 months ago - Seeking Alpha

Clipper Realty Inc. Announces Third Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today ...

4 months ago - Business Wire

Clipper Realty Inc. to Report Third Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announc...

4 months ago - Business Wire

Wall Street's Most Accurate Analysts Spotlight On 3 Real Estate Stocks With Over 7% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: DEAPK
5 months ago - Benzinga

2 REITs To Buy Before Rate Cuts

REITs are surging in value. Interest rates are likely headed to lower levels. Here are 2 REITs that should greatly benefit.

Other symbols: AVB
6 months ago - Seeking Alpha

Clipper Realty: 8% Dividend Yield From Significantly Undervalued US Multifamily REIT, I'm Buying

Clipper Realty is a buy due to its low valuation, high dividend yield, and debt relief from pending Fed rate cuts. CLPR's common shares trade at 7.1x annualized fiscal 2024 second quarter FFO, with an...

6 months ago - Seeking Alpha

Clipper Realty: Much Safer Than It Appears

Clipper Realty is a REIT with undervalued assets in NYC that outweigh concerns about high debt and office space tenant departure. The estimated value of CLPR ranges from $5.82 to $23.5, depending on c...

7 months ago - Seeking Alpha

Clipper Realty Inc (CLPR) Q2 2024 Earnings Call Transcript

Clipper Realty Inc (NYSE:CLPR) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Larry Kreider - Chief Financial Officer David Bistricer - Co-Chairman of the Board and C...

7 months ago - Seeking Alpha

Clipper Realty Inc. Announces Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today ...

7 months ago - Business Wire

Clipper Realty Inc. to Report Second Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announc...

7 months ago - Business Wire

Who's Buying These Higher-Risk Small Cap REITs?

Big tech and AI dominate financial headlines. Small-cap companies offer potential for growth and investment opportunities. Three small-cap REITs worth considering: Global Self Storage, Postal Realty T...

Other symbols: FRTPSTLSELF
7 months ago - Seeking Alpha

Clipper Realty: High Yield, But You Could Be Ignored

Clipper Realty's stock is currently trading at an all-time low and a 10% yield with no history of dividend cuts. With ten properties in Manhattan and Brooklyn, it's good real estate, but refinancing a...

9 months ago - Seeking Alpha

Clipper Realty Inc. (CLPR) Q1 2024 Earnings Call Transcript

Clipper Realty Inc. (NYSE:CLPR) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Larry Kreider - CFO David Bistricer - Co Chairman and CEO JJ Bistricer - COO Conference Ca...

10 months ago - Seeking Alpha

Clipper Realty Inc. Announces First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today ...

10 months ago - Business Wire

Clipper Realty Inc. to Report First Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announc...

10 months ago - Business Wire

Clipper Realty Inc. (CLPR) Q4 2023 Earnings Call Transcript

Clipper Realty Inc. (CLPR) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Clipper Realty Inc. Announces Fourth Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today ...

1 year ago - Business Wire

Clipper Realty Inc. to Report Fourth Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announc...

1 year ago - Business Wire