Clipper Realty Inc. (CLPR)

NYSE: CLPR · Real-Time Price · USD
5.09
-0.03 (-0.59%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.59%
Market Cap 215.79M
Revenue (ttm) 145.60M
Net Income (ttm) -4.59M
Shares Out 42.39M
EPS (ttm) -0.29
PE Ratio n/a
Forward PE 58.51
Dividend $0.38 (7.47%)
Ex-Dividend Date Nov 13, 2024
Volume 65,559
Open 5.10
Previous Close 5.12
Day's Range 5.01 - 5.18
52-Week Range 3.38 - 7.12
Beta 1.29
Analysts Sell
Price Target n/a
Earnings Date Oct 31, 2024

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 2023, Clipper Realty's revenue was $138.21 million, an increase of 6.52% compared to the previous year's $129.75 million. Losses were -$7.19 million, 25.4% more than in 2022.

Financial Statements

News

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...

20 days 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 ...

20 days 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...

5 weeks 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
2 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
2 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...

2 months ago - Seeking Alpha

Wall Street's Most Accurate Analysts Weigh In 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: DEAUNIT
2 months ago - Benzinga

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...

3 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...

3 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 ...

3 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...

4 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
4 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...

6 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...

7 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 ...

7 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...

7 months ago - Business Wire

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

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

8 months 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 ...

8 months 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...

9 months ago - Business Wire

Clipper Realty Inc. Announces Tax Information For 2023 Distributions

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

9 months ago - Business Wire

Apartment REITs: A Renter's Market

Apartment REITs were among the weakest-performing property sectors for a second-straight year in 2023 - lagging even the battered office sector - despite delivering another year of mid-single-digit ea...

11 months ago - Seeking Alpha

REIT Opportunities Remain Abundant: 3 Top Picks

REITs crashed due to rising interest rates. But they are now set to rally as interest rates are cut in 2024. The window of opportunity is closing fast, but opportunities remain abundant.

Other symbols: AHHUNIT
11 months ago - Seeking Alpha

Clipper Realty: Don't Be Allured By The High Yield

Clipper Realty is a residential/retail REIT that owns and manages properties in the New York metropolitan area. The company has a concentrated portfolio, which may be unattractive for investors seekin...

1 year ago - Seeking Alpha

Clipper Realty: How Sustainable Is The 7.7% Dividend Yield?

Clipper Realty is currently paying out a 7.7% dividend yield. The most recent distribution was 158% covered by its third quarter adjusted FFO. Its long-dated maturity profile and high insider ownershi...

1 year ago - Seeking Alpha

Mouse Traps: 8 High-Yielding REITs Risking Dividend Cuts

Overall, this is a good time to invest in REITs. The expected surge in REIT share prices will not benefit all REITs equally. There are always mousetrap REITs, even in the best of times. Dividend safet...

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1 year ago - Seeking Alpha