NYSE:CLPR

Clipper Realty (CLPR) Stock Forecast, Price & News

$5.69

+0.29 (+5.37%)

(As of 06/2/2023 ET)

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Today's Range: $5.43
▼
$5.70
50-Day Range: $5.01
▼
$5.88
52-Week Range: $4.94
▼
$9.21

Volume: 29,515 shs
Average Volume: 43,050 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 6.68%
Price Target: $11.00

Clipper Realty MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 93.3% Upside
$11.00 Price Target
Short Interest: Healthy
0.80% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 16.28%
From $0.43 to $0.50 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Clipper Realty has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.00, Clipper Realty has a forecasted upside of 93.3% from its current price of $5.69.
Amount of Analyst Coverage
Clipper Realty has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.80% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Clipper Realty has recently increased by 5.49%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Clipper Realty is a leading dividend payer. It pays a dividend yield of 7.04%, 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 76.00% in the coming year. This indicates that Clipper Realty may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CLPR.

0.6

News and Social Media Coverage

MarketBeat Follows
1 people have added Clipper Realty to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

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
39.96% 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 33.27% of the stock of Clipper Realty is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Clipper Realty are expected to grow by 16.28% in the coming year, from $0.43 to $0.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clipper Realty is -12.64, 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 -12.64, 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 2.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Clipper Realty (NYSE:CLPR) Stock

Clipper Realty, Inc. engages in the acquisition, owning, managing, operating, and repositioning of real estate properties. The firm operates through the Residential and Commercial segments. The Residential segment consists of the Flatbush Gardens, the Clover House, the 10 West 65th Street, the 1010 Pacific Street, and portions of the 250 Livingston Street, Tribeca House, and Aspen properties. The Commercial segment includes the 141 Livingston Street and portions of the 250 Livingston Street, Tribeca House, and Aspen properties. The company was founded by Shmuel David Levinson and David Bistricer on July 7, 2015 and is headquartered in Brooklyn, NY.

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CLPR Stock News Headlines

May 26, 2023 | finance.yahoo.com

CLPR - Clipper Realty Inc.

May 10, 2023 | americanbankingnews.com

Clipper Realty (NYSE:CLPR) Rating Reiterated by B. Riley

June 3, 2023 | MarketBeat Internal (Ad)

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May 10, 2023 | americanbankingnews.com

Head-To-Head Comparison: CDL Hospitality Trusts (OTCMKTS:CDHSF) vs. Clipper Realty (NYSE:CLPR)

May 5, 2023 | msn.com

Clipper Realty (CLPR) Declares $0.10 Dividend

May 5, 2023 | finance.yahoo.com

Q1 2023 Clipper Realty Inc Earnings Call

May 4, 2023 | finance.yahoo.com

Clipper Realty Inc. Announces First Quarter 2023 Results

May 3, 2023 | americanbankingnews.com

Clipper Realty (CLPR) to Release Quarterly Earnings on Thursday

June 3, 2023 | Chaikin Analytics (Ad)

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April 26, 2023 | finance.yahoo.com

Pebblebrook Hotel (PEB) Surpasses Q1 FFO and Revenue Estimates

April 13, 2023 | americanbankingnews.com

Clipper Realty (NYSE:CLPR) vs. Empire State Realty Trust (NYSE:ESRT) Head-To-Head Comparison

April 12, 2023 | benzinga.com

Should You Sell Clipper Realty Inc (CLPR) in REIT - Residential Industry?

April 12, 2023 | finance.yahoo.com

Strength Seen in Clipper Realty Inc. (CLPR): Can Its 8.6% Jump Turn into More Strength?

April 11, 2023 | seekingalpha.com

Clipper Realty Opens New Building And Braces For Uncertain Times

April 5, 2023 | finance.yahoo.com

Clipper Realty Inc. to Report First Quarter 2023 Financial Results

March 23, 2023 | americanbankingnews.com

Clipper Realty (NYSE:CLPR) Price Target Cut to $11.00

March 20, 2023 | insidermonkey.com

Clipper Realty Inc. (NYSE:CLPR) Q4 2022 Earnings Call Transcript

March 17, 2023 | finance.yahoo.com

Q4 2022 Clipper Realty Inc Earnings Call

March 16, 2023 | msn.com

Clipper Realty FFO of $0.11 beats by $0.01, revenue of $33M misses by $1.12M

March 16, 2023 | finance.yahoo.com

Clipper Realty Inc. Announces Fourth Quarter 2022 Results

March 15, 2023 | msn.com

Clipper Realty Q4 2022 Earnings Preview

March 15, 2023 | msn.com

A Preview Of Clipper Realty's Earnings

March 1, 2023 | finance.yahoo.com

Clipper Realty Inc. Announces Tax Information For 2022 Distributions

February 27, 2023 | finance.yahoo.com

RLJ Lodging (RLJ) Q4 FFO Top Estimates

February 21, 2023 | finance.yahoo.com

SBA Communications (SBAC) Q4 FFO Lag Estimates

January 26, 2023 | finance.yahoo.com

Clipper Realty Inc. to Report Fourth Quarter 2022 Financial Results

January 25, 2023 | seekingalpha.com

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

See More Headlines

CLPR Price History

30 days | 90 days | 365 days | Advanced Chart

CLPR Company Calendar

Last Earnings: 11/09/2021
Ex-Dividend for 4/5 Dividend: 3/24/2023
Dividend Payable: 4/05/2023
Ex-Dividend for 5/24 Dividend: 5/12/2023
Dividend Payable: 5/24/2023
Today: 6/03/2023
Next Earnings (Estimated): 8/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:CLPR
CUSIP: N/A
CIK: 1649096
Web: www.clipperrealty.com
Phone: (718) 438-2804
Fax: N/A
Employees: 144
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.00
High Stock Price Forecast: $11.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +93.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.45)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 13.23
P/E Growth: N/A
Net Income: $-4,760,000.00
Net Margins: -4.67%
Pretax Margin: -12.32%
Return on Equity: -15.55%
Return on Assets: -0.50%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.04
Quick Ratio: 0.04

Sales & Book Value

Annual Sales: $129.75 million
Price / Sales: N/A
Cash Flow: $1.57 per share
Price / Cash Flow: 3.63
Book Value: $2.31 per share
Price / Book: 2.46

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 1.09

Key Executives

David Bistricer
Co-Chairman, President & Chief Executive Officer

J. J. Bistricer
Chief Operating Officer

Lawrence E. Kreider
Chief Financial Officer & Secretary

Jacob Schwimmer
Chief Property Management Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CLPR Stock - Frequently Asked Questions

Should I buy or sell Clipper Realty stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clipper Realty in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLPR shares.
View CLPR analyst ratings or view top-rated stocks.
What is Clipper Realty's stock price forecast for 2023?: 2 Wall Street research analysts have issued 12 month price targets for Clipper Realty's shares. Their CLPR share price forecasts range from $11.00 to $11.00. On average, they expect the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 93.3% from the stock's current price.
View analysts price targets for CLPR or view top-rated stocks among Wall Street analysts.
How have CLPR shares performed in 2023?: Clipper Realty's stock was trading at $6.40 at the start of the year. Since then, CLPR stock has decreased by 11.1% and is now trading at $5.69.
View the best growth stocks for 2023 here.
Are investors shorting Clipper Realty?: Clipper Realty saw a increase in short interest in May. As of May 15th, there was short interest totaling 105,600 shares, an increase of 5.5% from the April 30th total of 100,100 shares. Based on an average daily trading volume, of 54,400 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.8% of the shares of the company are short sold.
View Clipper Realty's Short Interest.
When is Clipper Realty's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our CLPR earnings forecast.
How were Clipper Realty's earnings last quarter?: Clipper Realty Inc. (NYSE:CLPR) announced its quarterly earnings results on Tuesday, November, 9th. The company reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.16. Clipper Realty had a negative net margin of 4.67% and a negative trailing twelve-month return on equity of 15.55%. During the same period in the previous year, the business posted $0.06 EPS.
How often does Clipper Realty pay dividends? What is the dividend yield for Clipper Realty?: Clipper Realty announced a quarterly dividend on Thursday, May 4th. Stockholders of record on Monday, May 15th will be paid a dividend of $0.095 per share on Wednesday, May 24th. This represents a $0.38 dividend on an annualized basis and a yield of 6.68%. The ex-dividend date of this dividend is Friday, May 12th.
Read our dividend analysis for CLPR.
What ETFs hold Clipper Realty's stock?: ETFs with the largest weight of Clipper Realty (NYSE:CLPR) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG).First Trust S&P REIT Index Fund (FRI).

Is Clipper Realty a good dividend stock?: Clipper Realty (NYSE:CLPR) pays an annual dividend of $0.38 per share and currently has a dividend yield of 7.04%. CLPR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CLPR.
What other stocks do shareholders of Clipper Realty own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Clipper Realty investors own include Matinas BioPharma (MTNB), ADMA Biologics (ADMA), Gran Tierra Energy (GTE), New Residential Investment (NRZ), Bionano Genomics (BNGO), CBL & Associates Properties (CBL), DHT (DHT), Pennsylvania Real Estate Investment Trust (PEI), Zosano Pharma (ZSAN) and CNBX Pharmaceuticals (CNBX).
When did Clipper Realty IPO?: (CLPR) raised $103 million in an initial public offering (IPO) on Friday, February 10th 2017. The company issued 7,100,000 shares at a price of $13.50-$15.50 per share. FBR and Raymond James acted as the underwriters for the IPO and Janney Montgomery Scott and Wunderlich were co-managers.
What is Clipper Realty's stock symbol?: Clipper Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLPR."
Who are Clipper Realty's major shareholders?: Clipper Realty's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (7.16%), BlackRock Inc. (5.36%), Geode Capital Management LLC (1.46%), PEAK6 Investments LLC (0.00%), Barclays PLC (0.41%) and Charles Schwab Investment Management Inc. (0.21%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Clipper Realty's stock price today?: One share of CLPR stock can currently be purchased for approximately $5.69.
How many employees does Clipper Realty have?: The company employs 144 workers across the globe.
How can I contact Clipper Realty?: Clipper Realty's mailing address is 4611 12TH AVENUE SUITE 1L, BROOKLYN NY, 11219. The official website for the company is www.clipperrealty.com. The company can be reached via phone at (718) 438-2804 or via email at investorrelations@clipperrealty.com.

This page (NYSE:CLPR) was last updated on 6/3/2023 by MarketBeat.com Staff

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