Clipper Realty (NYSE:CLPR - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Thursday, March 13th. Analysts expect Clipper Realty to post earnings of $0.14 per share and revenue of $38.70 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.
Clipper Realty (NYSE:CLPR - Get Free Report) last announced its earnings results on Friday, February 14th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.07. Clipper Realty had a negative net margin of 1.68% and a negative return on equity of 85.95%. The business had revenue of $38.05 million during the quarter, compared to the consensus estimate of $38.70 million. On average, analysts expect Clipper Realty to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Clipper Realty Stock Up 2.1 %
Shares of NYSE CLPR traded up $0.09 on Friday, reaching $4.42. 35,861 shares of the company's stock traded hands, compared to its average volume of 85,999. Clipper Realty has a 12 month low of $3.38 and a 12 month high of $7.12. The business's 50 day simple moving average is $4.26 and its two-hundred day simple moving average is $5.04. The company has a market cap of $71.37 million, a price-to-earnings ratio of -17.68 and a beta of 1.32.
Clipper Realty Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 19th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 8.60%. The ex-dividend date is Wednesday, March 19th. Clipper Realty's dividend payout ratio is -152.00%.
About Clipper Realty
(
Get Free Report)
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.
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