Clipper Realty (NYSE:CLPR - Get Free Report) will be announcing its earnings results after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Investors interested in participating in the company's conference call can do so using this link.
Clipper Realty (NYSE:CLPR - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.16). Clipper Realty had a negative net margin of 2.54% and a negative return on equity of 85.95%. The company had revenue of $37.35 million for the quarter, compared to the consensus estimate of $35.80 million. During the same quarter in the prior year, the firm earned $0.13 earnings per share. 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 Price Performance
Shares of NYSE CLPR traded up $0.25 during midday trading on Thursday, reaching $6.67. 167,211 shares of the company traded hands, compared to its average volume of 77,882. Clipper Realty has a 52 week low of $3.38 and a 52 week high of $7.12. The stock has a 50-day moving average price of $5.43 and a 200 day moving average price of $4.45. The company has a market cap of $107.23 million, a price-to-earnings ratio of -19.06 and a beta of 1.34.
Clipper Realty Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 15th were paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 5.70%. The ex-dividend date of this dividend was Thursday, August 15th. Clipper Realty's dividend payout ratio is currently -108.57%.
Clipper Realty Company Profile
(
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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