Clipper Realty (CLPR) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $5.01 to $5.18
• 50-Day Range: $5.05 to $6.83
• 52-Week Range: $3.38 to $7.12
• Volume: 65,559 shs
• Average Volume: 80,926 shs
• Market Capitalization: $82.49 million
• P/E Ratio: N/A
• Dividend Yield: 7.41%
• Price Target: N/A
• Consensus Rating: Reduce

Clipper Realty Stock Analysis - MarketRank™

Clipper Realty scored higher than 25% of companies evaluated by MarketBeat, and ranked 829th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Clipper Realty.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -4.17%

Earnings Growth

Earnings for Clipper Realty are expected to decrease by -4.17% in the coming year, from $0.48 to $0.46 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Clipper Realty is -17.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Clipper Realty is -17.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Clipper Realty has a P/B Ratio of 11.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.10% of the float of Clipper Realty has been sold short.

Short Interest Ratio / Days to Cover

Clipper Realty has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Clipper Realty has recently decreased by 28.15%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Clipper Realty is a leading dividend payer. It pays a dividend yield of 7.17%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Clipper Realty does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Clipper Realty will have a dividend payout ratio of 82.61% in the coming year. This indicates that Clipper Realty may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.10% of the float of Clipper Realty has been sold short.

Short Interest Ratio / Days to Cover

Clipper Realty has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Clipper Realty has recently decreased by 28.15%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Clipper Realty has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

Search Interest

Only 3 people have searched for CLPR on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Clipper Realty insiders have not sold or bought any company stock.

Percentage Held by Insiders

50.80% of the stock of Clipper Realty is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 37.57% of the stock of Clipper Realty is held by institutions.

CLPR Stock Analysis - Frequently Asked Questions

How have CLPR shares performed this year?

Clipper Realty's stock was trading at $5.40 on January 1st, 2024. Since then, CLPR stock has decreased by 5.0% and is now trading at $5.13.
View the best growth stocks for 2024 here.

How were Clipper Realty's earnings last quarter?

Clipper Realty Inc. (NYSE:CLPR) announced 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. The firm earned $37.35 million during the quarter, compared to the consensus estimate of $35.80 million. Clipper Realty had a negative net margin of 2.17% and a negative trailing twelve-month return on equity of 85.95%.

When did Clipper Realty IPO?

Clipper Realty (CLPR) raised $103 million in an initial public offering on Friday, February 10th 2017. The company issued 7,100,000 shares at $13.50-$15.50 per share. FBR and Raymond James served as the underwriters for the IPO and Janney Montgomery Scott and Wunderlich were co-managers.

Who are Clipper Realty's major shareholders?

Top institutional shareholders of Clipper Realty include Geode Capital Management LLC (1.82%), Penserra Capital Management LLC (1.59%), State Street Corp (1.47%) and Barclays PLC (0.51%).
View institutional ownership trends.

How do I buy shares of Clipper Realty?

Shares of CLPR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Clipper Realty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Clipper Realty investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 11/27 Dividend: 11/13/2024
• Today: 11/21/2024
• Dividend Payable: 11/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/13/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:CLPR
• CUSIP: N/A
• CIK: 1649096
• Web: www.clipperrealty.com
• Phone: (718) 438-2804
• Fax: N/A
• Employees: 140
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.29)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 10.69
• P/E Growth: N/A
• Net Income: $-5,900,000.00
• Net Margins: -2.17%
• Pretax Margin: -5.74%
• Return on Equity: -85.95%
• Return on Assets: -0.25%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.03
• Quick Ratio: 0.03

Sales & Book Value

• Annual Sales: $138.21 million
• Price / Sales: 0.60
• Cash Flow: $1.52 per share
• Price / Cash Flow: 3.38
• Book Value: $0.45 per share
• Price / Book: 11.40

Miscellaneous

• Outstanding Shares: 16,080,000
• Free Float: 7,910,000
• Market Cap: $82.49 million
• Optionable: Optionable
• Beta: 1.32