Clipper Realty Inc.

NYSE:CLPR Stock Report

Market Cap: US$245.9m

Clipper Realty Management

Management criteria checks 3/4

Clipper Realty's CEO is David Bistricer, appointed in Aug 2015, has a tenure of 9.33 years. total yearly compensation is $2.03M, comprised of 31.1% salary and 68.9% bonuses, including company stock and options. directly owns 7.18% of the company’s shares, worth $17.65M. The average tenure of the management team and the board of directors is 9.3 years and 9.9 years respectively.

Key information

David Bistricer

Chief executive officer

US$2.0m

Total compensation

CEO salary percentage31.1%
CEO tenure9.3yrs
CEO ownership7.2%
Management average tenure9.3yrs
Board average tenure9.9yrs

Recent management updates

It's Unlikely That The CEO Of Clipper Realty Inc. (NYSE:CLPR) Will See A Huge Pay Rise This Year

Jun 11
It's Unlikely That The CEO Of Clipper Realty Inc. (NYSE:CLPR) Will See A Huge Pay Rise This Year

Have Insiders Been Buying Clipper Realty Inc. (NYSE:CLPR) Shares This Year?

Mar 18
Have Insiders Been Buying Clipper Realty Inc. (NYSE:CLPR) Shares This Year?

Did Clipper Realty Inc. (NYSE:CLPR) Insiders Buy Up More Shares?

Nov 24
Did Clipper Realty Inc. (NYSE:CLPR) Insiders Buy Up More Shares?

Recent updates

Clipper Realty: 7.4% Dividend Yield But Office Property Headwinds Need To Be Addressed For New Highs

Nov 24

Clipper Realty: 8% Dividend Yield From Significantly Undervalued US Multifamily REIT, I'm Buying

Aug 31

Clipper Realty: Much Safer Than It Appears

Aug 05

Clipper Realty: High Yield, But You Could Be Ignored

May 29

Clipper Realty: How Sustainable Is The 7.7% Dividend Yield?

Dec 19

The 7.2% Dividend Of Clipper Realty Comes With High Risk

Sep 28

Clipper Realty: Local Expertise In NY Market Is Overshadowed By Higher Debt Load

Jan 25

Rhizome Partners - Clipper Realty:  Poised For Dramatic Revenue Increases

Aug 24

Clipper Realty goes ex-dividend tomorrow

Aug 17

Clipper Realty: Bargain Price NYC Real Estate

Aug 08

Clipper Realty: Attractive New York Multi-Family REIT At A 4.58% Yield

Jul 23

Clipper Realty: The Upside

Apr 25

Clipper Realty: Trading At 30-70% Of NAV, Yields 4% And Insiders Own 40%

Mar 08

Why I Continue To Be Long In Clipper Realty

Dec 05

Clipper Realty Could Double Your Money

Aug 22

It's Unlikely That The CEO Of Clipper Realty Inc. (NYSE:CLPR) Will See A Huge Pay Rise This Year

Jun 11
It's Unlikely That The CEO Of Clipper Realty Inc. (NYSE:CLPR) Will See A Huge Pay Rise This Year

Clipper Realty: This NYC Landlord Is A Speculative Buy, Here's Why

May 29

Have Insiders Been Buying Clipper Realty Inc. (NYSE:CLPR) Shares This Year?

Mar 18
Have Insiders Been Buying Clipper Realty Inc. (NYSE:CLPR) Shares This Year?

Clipper Realty's (NYSE:CLPR) Shareholders Are Down 34% On Their Shares

Jan 25
Clipper Realty's (NYSE:CLPR) Shareholders Are Down 34% On Their Shares

Clipper Realty Inc. (NYSE:CLPR): When Will It Breakeven?

Dec 21
Clipper Realty Inc. (NYSE:CLPR): When Will It Breakeven?

Clipper Realty: A Decent REIT

Dec 11

Clipper Realty: Large Debt Makes This NYC Stock One To Avoid

Dec 09

Did Clipper Realty Inc. (NYSE:CLPR) Insiders Buy Up More Shares?

Nov 24
Did Clipper Realty Inc. (NYSE:CLPR) Insiders Buy Up More Shares?

CEO Compensation Analysis

How has David Bistricer's remuneration changed compared to Clipper Realty's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$5m

Jun 30 2024n/an/a

-US$5m

Mar 31 2024n/an/a

-US$6m

Dec 31 2023US$2mUS$630k

-US$7m

Sep 30 2023n/an/a

-US$7m

Jun 30 2023n/an/a

-US$7m

Mar 31 2023n/an/a

-US$7m

Dec 31 2022US$2mUS$630k

-US$6m

Sep 30 2022n/an/a

-US$7m

Jun 30 2022n/an/a

-US$7m

Mar 31 2022n/an/a

-US$7m

Dec 31 2021US$2mUS$579k

-US$8m

Sep 30 2021n/an/a

-US$7m

Jun 30 2021n/an/a

-US$7m

Mar 31 2021n/an/a

-US$8m

Dec 31 2020US$2mUS$546k

-US$5m

Sep 30 2020n/an/a

-US$5m

Jun 30 2020n/an/a

-US$4m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$1mUS$520k

-US$2m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

-US$938k

Mar 31 2019n/an/a

-US$333k

Dec 31 2018US$840kUS$500k

-US$4m

Sep 30 2018n/an/a

-US$4m

Jun 30 2018n/an/a

-US$5m

Mar 31 2018n/an/a

-US$6m

Dec 31 2017US$777kUS$500k

-US$3m

Compensation vs Market: David's total compensation ($USD2.03M) is above average for companies of similar size in the US market ($USD1.44M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Bistricer (74 yo)

9.3yrs

Tenure

US$2,025,552

Compensation

Mr. David Bistricer is a Principal in E.B. Acquisitions, LLC. Mr. Bistricer serves as Co-Chairman of Clipper Realty Inc. and has been its Director since 2015 and is its Chief Executive Officer since August...

Leadership Team

NamePositionTenureCompensationOwnership
David Bistricer
Co-Chairman & CEO9.3yrsUS$2.03m7.18%
$ 17.6m
Jacob Bistricer
Chief Operating Officer9.9yrsUS$1.75m0.62%
$ 1.5m
Jacob Schwimmer
Chief Property Management Officer9.3yrsUS$1.82m0.22%
$ 535.3k
Lawrence Kreider
CFO & Secretary3.6yrsUS$803.84kno data

9.3yrs

Average Tenure

63.5yo

Average Age

Experienced Management: CLPR's management team is seasoned and experienced (9.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Bistricer
Co-Chairman & CEO9.9yrsUS$2.03m7.18%
$ 17.6m
Howard Lorber
Independent Director9.9yrsUS$126.36k0.16%
$ 388.0k
Harmon Spolan
Independent Director6.8yrsUS$105.73k0.0062%
$ 15.3k
Shmuel Levinson
Co-Chairman of the Board9.9yrsUS$1.09m2.32%
$ 5.7m
Richard Burger
Independent Director6.8yrsUS$105.73kno data
Robert Ivanhoe
Independent Director9.9yrsUS$116.36kno data
Roberto Verrone
Director9.9yrsUS$105.63k0.099%
$ 244.4k

9.9yrs

Average Tenure

74yo

Average Age

Experienced Board: CLPR's board of directors are considered experienced (9.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:42
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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.

AnalystInstitution
Craig KuceraB. Riley Securities, Inc.
David CorakFBR Capital Markets & Co.
Aaron HechtJMP Securities