CLPR

Clipper Realty
CLPR

$3.98

1.79%

Market Cap: 64M

About: Clipper Realty Inc is a self-administered and self-managed real estate company. It acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. It has classified its reporting segments into Residential Rental Properties and Commercial Rental Properties. Clipper derives its revenue mostly from a Residential segment.

Employees: 148

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 66 [Q4 2023] → 66 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

2.75% less ownership

Funds ownership: 37.57% [Q4 2023] → 34.83% (-2.75%) [Q1 2024]

17% less capital invested

Capital invested by funds: $32.6M [Q4 2023] → $27M (-$5.54M) [Q1 2024]

31% less call options, than puts

Call options by funds: $124K | Put options by funds: $179K

40% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 25

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for CLPR.

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Financial journalist opinion

Clipper Realty Inc. to Report Second Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced that it will release financial results for the quarter ended June 30, 2024, after the market closes on Thursday, August 1, 2024. The Company will host a conference call that same day at 5:00 PM (ET) to discuss the financial results and provide a business update. The conference call can be access.

Clipper Realty Inc. to Report Second Quarter 2024 Financial Results

Who's Buying These Higher-Risk Small Cap REITs?

Big tech and AI dominate financial headlines. Small-cap companies offer potential for growth and investment opportunities. Three small-cap REITs worth considering: Global Self Storage, Postal Realty Trust, Clipper Realty.

Who's Buying These Higher-Risk Small Cap REITs?

Clipper Realty: High Yield, But You Could Be Ignored

Clipper Realty's stock is currently trading at an all-time low and a 10% yield with no history of dividend cuts. With ten properties in Manhattan and Brooklyn, it's good real estate, but refinancing at higher interest rates could squeeze the cash flow too much. Crucially, management is not bound by anti-competitive agreements, and their best ideas may not go to CLPR.

Clipper Realty: High Yield, But You Could Be Ignored

Clipper Realty Inc. (CLPR) Q1 2024 Earnings Call Transcript

Clipper Realty Inc. (NYSE:CLPR ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Larry Kreider - CFO David Bistricer - Co Chairman and CEO JJ Bistricer - COO Conference Call Participants Operator Good day. And welcome to Clipper Realty Quarterly Earnings Call.

Clipper Realty Inc. (CLPR) Q1 2024 Earnings Call Transcript

Zacks Investment Research

Clipper Realty Inc. (CLPR) Q1 FFO and Revenues Beat Estimates

Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.14 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to FFO of $0.11 per share a year ago.

Clipper Realty Inc. (CLPR) Q1 FFO and Revenues Beat Estimates

Clipper Realty Inc. Announces First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced financial and operating results for the three months ended March 31, 2024. Highlights for the Three Months Ended March 31, 2024 Record quarterly revenues of $35.8 million for the first quarter of 2024 Quarterly income from operations of $9.1 million for the first quarter of 2024 Rec.

Clipper Realty Inc. Announces First Quarter 2024 Results

Clipper Realty Inc. to Report First Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced that it will release financial results for the quarter ended March 31, 2024, after the market closes on Tuesday, May 7, 2024. The Company will host a conference call that same day at 5:00 PM (ET) to discuss the financial results and provide a business update. The conference call can be accessed.

Clipper Realty Inc. to Report First Quarter 2024 Financial Results

Clipper Realty Inc. (CLPR) Q4 2023 Earnings Call Transcript

Clipper Realty Inc. (CLPR) Q4 2023 Earnings Call Transcript

Clipper Realty Inc. (CLPR) Q4 2023 Earnings Call Transcript

Zacks Investment Research

Clipper Realty Inc. (CLPR) Lags Q4 FFO and Revenue Estimates

Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.15 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to FFO of $0.11 per share a year ago.

Clipper Realty Inc. (CLPR) Lags Q4 FFO and Revenue Estimates

Clipper Realty Inc. Announces Fourth Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced financial and operating results for the three months ended December 31, 2023. Highlights for the Three Months Ended December 31, 2023 Quarterly revenues of $34.9 million for the fourth quarter of 2023 Quarterly income from operations of $9.0 million for the fourth quarter of 2023 Net oper.

Clipper Realty Inc. Announces Fourth Quarter 2023 Results

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