Clipper Realty Inc. (CLPR)
| Market Cap | 119.81M |
| Revenue (ttm) | 121.85M |
| Net Income (ttm) | -5.00M |
| Shares Out | 17.81M |
| EPS (ttm) | -0.31 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.38 |
| Dividend Yield | 5.09% |
| Trading Day | January 15 |
| Last Price | $7.46 |
| Previous Close | $7.35 |
| Change ($) | 0.11 |
| Change (%) | 1.50% |
| Day's Open | 7.25 |
| Day's Range | 7.18 - 7.53 |
| Day's Volume | 160,566 |
| 52-Week Range | 4.27 - 10.72 |
I'm not recommending market timing, which is downright dangerous, especially since there are many risk factors weighing on REITs these days.
Clipper Realty, Inc. (CLPR) CEO David Bistricer on Q3 2020 Results - Earnings Call Transcript
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...
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...
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 a...
Unique Doesn't Mean Useful
We're still seeing great bargains throughout the apartment REIT subsector.
The best opportunities are today in hated sectors that will still work in the future.
Clipper Realty is set to hit financial records in Q1 2021 and turn a GAAP net profit for the first time in Q4 2020.
Many apartment REITs remain at substantial discounts to NAV. There is a clear correlation with coastal properties and larger discounts to NAV.
REITs Get No Respect - But They Should
Clipper Realty, Inc. (CLPR) CEO David Bistricer on Q2 2020 Results - Earnings Call Transcript
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...
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...
Clipper Realty, Inc. (CLPR) CEO David Bistricer on Q1 2020 Results - Earnings Call Transcript
Clipper Realty Inc. (CLPR) CEO David Bistricer on Q4 2019 Results - Earnings Call Transcript
Clipper Realty Inc (CLPR) CEO David Bistricer on Q3 2019 Results - Earnings Call Transcript
Clipper Realty Inc (CLPR) David Bistricer on Q3 2019 Results - Earnings Call Transcript
Clipper Realty's (CLPR) CEO David Bistricer on Q2 2019 Results - Earnings Call Transcript
Clipper Realty (CLPR) likely to record decent demand for its properties in Q2, backed by a healthy job market and stable economic environment in the region.
Clipper Realty has been struggling lately, but the selling pressure may be coming to an end soon.
Clipper Realty Inc. (CLPR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
REITs stand to gain from a rate cut given their rate-sensitive nature.
About CLPR
Clipper Realty (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.
| Industry REIT-Diversified | IPO Date Feb 10, 2017 |
| CEO David Bistricer | Employees 198 |
| Stock Exchange NYSE | Ticker Symbol CLPR |
Financial Performance
In 2019, Clipper Realty's revenue was $116.17 million, an increase of 5.61% compared to the previous year's $110.00 million. Losses were -$1.67 million, -54.17% less than in 2018.
Analyst Forecasts
According to 3 analysts, the average rating for Clipper Realty stock is "Buy." The 12-month stock price forecast is 13.00, which is an increase of 74.26% from the latest price.