Clipper Realty Inc. (CLPR)

NYSE: CLPR · IEX Real-Time Price · USD
7.15
+0.05 (0.70%)
Feb 2, 2023, 10:26 AM EST - Market open
0.7%
Market Cap 303.45M
Revenue (ttm) 127.51M
Net Income (ttm) -5.86M
Shares Out 42.38M
EPS (ttm) -0.40
PE Ratio n/a
Forward PE n/a
Dividend $0.38 (5.32%)
Ex-Dividend Date Nov 18, 2022
Volume 3,783
Open 7.07
Previous Close 7.10
Day's Range 7.07 - 7.18
52-Week Range 6.08 - 10.08
Beta 1.10
Analysts Buy
Price Target 12.75 (+78.32%)
Earnings Date Mar 16, 2023

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. [Read more]

Sector Real Estate
IPO Date Feb 10, 2017
Employees 144
Stock Exchange NYSE
Ticker Symbol CLPR
Full Company Profile

Financial Performance

In 2021, Clipper Realty's revenue was $122.73 million, a decrease of -0.10% compared to the previous year's $122.85 million. Losses were -$7.59 million, 54.6% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CLPR stock is "Buy." The 12-month stock price forecast is $12.75, which is an increase of 78.32% from the latest price.

Price Target
$12.75
(78.32% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Clipper Realty Inc. to Report Fourth Quarter 2022 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 annou...

6 days ago - Business Wire

Clipper Realty Inc. (CLPR) Q3 FFO Miss Estimates

Clipper Realty Inc. (CLPR) delivered FFO and revenue surprises of -14.29% and 0.86%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Clipper Realty Inc. Announces Third Quarter 2022 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 Third Quarter 2022 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...

3 months ago - Business Wire

Clipper Realty Inc. Announces Change of Auditor

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”) announced today that its Audit Committee approved the appointment of PKF O'Connor Davies, LLP (“PKF”) as the Company's indep...

4 months ago - Business Wire

Clipper Realty Inc. (CLPR) Beats Q2 FFO Estimates

Clipper Realty Inc. (CLPR) delivered FFO and revenue surprises of 9.09% and 1.90%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Clipper Realty Inc. Announces Second Quarter 2022 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 ...

6 months ago - Business Wire

Clipper Realty Inc. to Report Second Quarter 2022 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...

6 months ago - Business Wire

3 Top Stocks That Stand to Gain From a Stronger Dollar

Stocks such as Assertio Holdings (ASRT), Clipper Realty (CLPR) and Consolidated Water (CWCO) should benefit as the dollar strengthens against its key counterparts.

Other symbols: ASRTCWCO
7 months ago - Zacks Investment Research

Is Clipper Realty (CLPR) a Great Value Stock Right Now?

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 the latest...

7 months ago - Zacks Investment Research

Clipper Realty Inc. (CLPR) Q1 FFO and Revenues Top Estimates

Clipper Realty Inc. (CLPR) delivered FFO and revenue surprises of 66.67% and 2.19%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Clipper Realty Inc. Announces First Quarter 2022 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 ...

9 months ago - Business Wire

Clipper Realty Inc. to Report First Quarter 2022 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. (CLPR) Stock Jumps 5.1%: Will It Continue to Soar?

Clipper Realty Inc. (CLPR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength ...

10 months ago - Zacks Investment Research

Clipper Realty Inc. (CLPR) Q4 FFO Top Estimates

Clipper Realty Inc. (CLPR) delivered FFO and revenue surprises of 11.11% and 2.37%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

Clipper Realty Inc. Announces Fourth 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 ...

11 months ago - Business Wire

Clipper Realty Inc. to Report Fourth 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 announc...

1 year ago - Business Wire

Clipper Realty Inc. Announces Tax Information For 2021 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...

1 year ago - Business Wire

Clipper Realty Inc. (CLPR) Tops Q3 FFO Estimates

Clipper Realty Inc. (CLPR) delivered FFO and revenue surprises of 25.00% and -1.78%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Clipper Realty Inc. Announces Third 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 ...

1 year ago - Business Wire

Clipper Realty Inc. to Report Third 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 announc...

1 year ago - Business Wire

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 year 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 ...

1 year 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 announc...

1 year ago - Business Wire

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?

1 year ago - Zacks Investment Research