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Clipper Realty Inc. (CLPR)

NYSE: CLPR · IEX Real-Time Price · USD
8.31 0.03 (0.36%)
Sep 17, 2021 4:00 PM EDT - Market closed
Market Cap266.49M
Revenue (ttm)122.99M
Net Income (ttm)-6.07M
Shares Out16.06M
EPS (ttm)-0.43
PE Ration/a
Forward PEn/a
Dividend$0.38 (4.57%)
Ex-Dividend DateAug 18, 2021
Volume134,359
Open8.31
Previous Close8.28
Day's Range8.25 - 8.36
52-Week Range4.99 - 9.37
Beta1.00
AnalystsBuy
Price Target14.00 (+68.5%)
Est. Earnings DateNov 8, 2021

About CLPR

Clipper Realty Inc. (NYSE: CLPR) 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 portfolio in Manhattan and Brooklyn.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateFeb 10, 2017
Employees156
Stock ExchangeNYSE
Ticker SymbolCLPR
Full Company Profile

Financial Performance

In 2020, Clipper Realty's revenue was $122.85 million, an increase of 5.75% compared to the previous year's $116.17 million. Losses were -$4.91 million, 194.7% more than in 2019.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for Clipper Realty stock is "Buy." The 12-month stock price forecast is 14.00, which is an increase of 68.47% from the latest price.

Price Target
$14.00
(68.47% upside)
Analyst Consensus: Buy

News

Clipper Realty Inc. (CLPR) Q2 FFO Beat Estimates

Clipper Realty Inc. (CLPR) delivered FFO and revenue surprises of 11.11% and -1.68%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Clipper Realty Inc. Announces Second Quarter 2021 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 an...

1 month ago - Business Wire

Clipper Realty Inc. to Report Second Quarter 2021 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 announced...

1 month ago - Business Wire

New Strong Sell Stocks for July 8th

CLPR, IONS, RAD, TFFP, and VNCE have been added to the Zacks Rank #5 (Strong Sell) List on July 8, 2021

Other symbols:IONSRADTFFPVNCE
2 months ago - Zacks Investment Research

New Strong Sell Stocks for June 30th

CLPR, HEXO, JRSH, MSEX and PDCO have been added to the Zacks Rank #5 (Strong Sell) List on June 30, 2021.

Other symbols:HEXOJRSHMSEXPDCO
2 months ago - Zacks Investment Research

Clipper Realty Inc. (CLPR) Misses Q1 FFO and Revenue Estimates

Clipper Realty Inc. (CLPR) delivered FFO and revenue surprises of -36.36% and -3.09%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Clipper Realty Inc. Announces First Quarter 2021 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 an...

4 months ago - Business Wire

Clipper Realty Inc. to Report First Quarter 2021 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 announced...

4 months ago - Business Wire

Clipper Realty (CLPR) Enters Overbought Territory

Clipper Realty (CLPR) has moved higher as of late, but there could definitely be trouble on the horizon for this company

5 months ago - Zacks Investment Research

Clipper Realty Inc. Announces Fourth Quarter and Full-Year 2020 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 an...

6 months ago - Business Wire

Clipper Realty Inc. to Report Fourth Quarter and Full-Year 2020 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 announced...

6 months ago - Business Wire

Clipper Realty Inc. Announces 2020 Distribution Income Tax Treatment

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 an...

6 months ago - Business Wire

3 'Must-Have' Small-Cap REITs To Own In 2021

I'm not recommending market timing, which is downright dangerous, especially since there are many risk factors weighing on REITs these days.

Other symbols:CIODEA
8 months ago - Seeking Alpha

Clipper Realty: A Decent REIT

Clipper Realty: A Decent REIT

9 months ago - Seeking Alpha

Bear Of The Day: Clipper Realty (CLPR)

Bear Of The Day: Clipper Realty (CLPR)

10 months ago - Zacks Investment Research

Clipper Realty, Inc. (CLPR) CEO David Bistricer on Q3 2020 Results - Earnings Call Transcript

Clipper Realty, Inc. (CLPR) CEO David Bistricer on Q3 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

Clipper Realty Inc. Announces Third Quarter 2020 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 an...

10 months ago - Business Wire

Clipper Realty Inc. to Report Third Quarter 2020 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 announced...

10 months ago - Business Wire

Housing REITs Remain Cheap

Several housing REITs remain very attractive. Apartment REITs in particular are attractive due to huge discounts to NAV and high market-implied cap rates. ELS reported Q3 2020 normalized FFO at $.55 per...

10 months ago - Seeking Alpha

Unique Doesn't Mean Useful

Unique Doesn't Mean Useful

11 months ago - Seeking Alpha

Loaded Up On Apartments

We're still seeing great bargains throughout the apartment REIT subsector.

11 months ago - Seeking Alpha

I'm Buying Apartment REITs Hand Over Fist

The best opportunities are today in hated sectors that will still work in the future.

Other symbols:AVBCPTEQRESSUDR
11 months ago - Seeking Alpha

Clipper: Something Doesn't Add Up

Clipper Realty is set to hit financial records in Q1 2021 and turn a GAAP net profit for the first time in Q4 2020.

11 months ago - Seeking Alpha

Don't Evict Dividend Growers

Many apartment REITs remain at substantial discounts to NAV. There is a clear correlation with coastal properties and larger discounts to NAV.

11 months ago - Seeking Alpha

REITs Get No Respect - But They Should

REITs Get No Respect - But They Should

Other symbols:PLYMPSTL
1 year ago - Seeking Alpha