CLPR Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Clipper Realty Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.80 |
| 52 Week High | US$7.12 |
| 52 Week Low | US$3.38 |
| Beta | 1.21 |
| 1 Month Change | 12.40% |
| 3 Month Change | 15.08% |
| 1 Year Change | 5.45% |
| 3 Year Change | -39.77% |
| 5 Year Change | -44.39% |
| Change since IPO | -57.04% |
Recent News & Updates
Recent updates
Clipper Realty: 7.4% Dividend Yield But Office Property Headwinds Need To Be Addressed For New Highs
Nov 24Clipper Realty: 8% Dividend Yield From Significantly Undervalued US Multifamily REIT, I'm Buying
Aug 31Clipper Realty: Much Safer Than It Appears
Aug 05Clipper Realty: High Yield, But You Could Be Ignored
May 29Clipper Realty: How Sustainable Is The 7.7% Dividend Yield?
Dec 19The 7.2% Dividend Of Clipper Realty Comes With High Risk
Sep 28Clipper Realty: Local Expertise In NY Market Is Overshadowed By Higher Debt Load
Jan 25Rhizome Partners - Clipper Realty: Poised For Dramatic Revenue Increases
Aug 24Clipper Realty goes ex-dividend tomorrow
Aug 17Clipper Realty: Bargain Price NYC Real Estate
Aug 08Clipper Realty: Attractive New York Multi-Family REIT At A 4.58% Yield
Jul 23Clipper Realty: The Upside
Apr 25Clipper Realty: Trading At 30-70% Of NAV, Yields 4% And Insiders Own 40%
Mar 08Why I Continue To Be Long In Clipper Realty
Dec 05Clipper Realty Could Double Your Money
Aug 22It's Unlikely That The CEO Of Clipper Realty Inc. (NYSE:CLPR) Will See A Huge Pay Rise This Year
Jun 11
Clipper Realty: This NYC Landlord Is A Speculative Buy, Here's Why
May 29Have Insiders Been Buying Clipper Realty Inc. (NYSE:CLPR) Shares This Year?
Mar 18Clipper Realty's (NYSE:CLPR) Shareholders Are Down 34% On Their Shares
Jan 25Clipper Realty Inc. (NYSE:CLPR): When Will It Breakeven?
Dec 21
Clipper Realty: A Decent REIT
Dec 11Clipper Realty: Large Debt Makes This NYC Stock One To Avoid
Dec 09Did Clipper Realty Inc. (NYSE:CLPR) Insiders Buy Up More Shares?
Nov 24Shareholder Returns
| CLPR | US Residential REITs | US Market | |
|---|---|---|---|
| 7D | 33.0% | -2.7% | -2.4% |
| 1Y | 5.5% | 8.9% | 23.3% |
Return vs Industry: CLPR underperformed the US Residential REITs industry which returned 8.9% over the past year.
Return vs Market: CLPR underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| CLPR volatility | |
|---|---|
| CLPR Average Weekly Movement | 13.8% |
| Residential REITs Industry Average Movement | 3.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: CLPR's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: CLPR's weekly volatility has increased from 8% to 14% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 148 | David Bistricer | www.clipperrealty.com |
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 requirements for qualification and taxation as a real estate investment trust (“REIT”) under the U.S. federal income tax law and elected to be treated as a REIT commencing with the taxable year ended December 31, 2015.
Clipper Realty Inc. Fundamentals Summary
| CLPR fundamental statistics | |
|---|---|
| Market cap | US$245.89m |
| Earnings (TTM) | -US$4.59m |
| Revenue (TTM) | US$145.60m |
0.6x
P/S Ratio-20.3x
P/E RatioIs CLPR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CLPR income statement (TTM) | |
|---|---|
| Revenue | US$145.60m |
| Cost of Revenue | US$63.38m |
| Gross Profit | US$82.21m |
| Other Expenses | US$86.81m |
| Earnings | -US$4.59m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.29 |
| Gross Margin | 56.47% |
| Net Profit Margin | -3.16% |
| Debt/Equity Ratio | -13,291.0% |
How did CLPR perform over the long term?
See historical performance and comparisonDividends
6.6%
Current Dividend Yield28%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Clipper Realty Inc. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Craig Kucera | B. Riley Securities, Inc. |
| David Corak | FBR Capital Markets & Co. |
| Aaron Hecht | JMP Securities |