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 | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Clipper Realty Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.09 |
| 52 Week High | US$7.12 |
| 52 Week Low | US$3.38 |
| Beta | 1.29 |
| 11 Month Change | -18.82% |
| 3 Month Change | 10.89% |
| 1 Year Change | 4.52% |
| 33 Year Change | -47.79% |
| 5 Year Change | -43.44% |
| Change since IPO | -62.30% |
Recent News & Updates
Recent updates
Clipper 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 | -8.8% | 0.5% | -1.2% |
| 1Y | 4.5% | 23.2% | 30.4% |
Return vs Industry: CLPR underperformed the US Residential REITs industry which returned 23.2% over the past year.
Return vs Market: CLPR underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| CLPR volatility | |
|---|---|
| CLPR Average Weekly Movement | 7.6% |
| Residential REITs Industry Average Movement | 2.9% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: CLPR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CLPR's weekly volatility (8%) has been stable 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$217.06m |
| Earnings (TTM) | -US$4.59m |
| Revenue (TTM) | US$145.60m |
0.6x
P/S Ratio-17.8x
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
7.5%
Current Dividend Yield28%
Payout RatioDoes CLPR pay a reliable dividends?
See CLPR dividend history and benchmarks| Clipper Realty dividend dates | |
|---|---|
| Ex Dividend Date | Nov 13 2024 |
| Dividend Pay Date | Nov 27 2024 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 6 days |
Does CLPR pay a reliable dividends?
See CLPR dividend history and benchmarks