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NYSE:CLPRClipper Realty Stock Price, Forecast & News

$7.38
+0.19 (+2.64 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$6.81
Now: $7.38
$7.43
50-Day Range
$4.57
MA: $5.61
$7.46
52-Week Range
$4.32
Now: $7.38
$13.04
Volume73,377 shs
Average Volume153,819 shs
Market Capitalization$131.51 million
P/E RatioN/A
Dividend Yield5.15%
Beta0.87
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.88 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone718-438-2804

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$116.17 million
Cash Flow$1.06 per share
Book Value$7.68 per share

Profitability

Net Income$-1,660,000.00

Miscellaneous

Employees203
Market Cap$131.51 million
Next Earnings Date8/6/2020 (Estimated)
OptionableNot Optionable

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Clipper Realty (NYSE:CLPR) Frequently Asked Questions

How has Clipper Realty's stock been impacted by COVID-19 (Coronavirus)?

Clipper Realty's stock was trading at $10.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CLPR shares have decreased by 26.3% and is now trading at $7.38. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Clipper Realty?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clipper Realty in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Clipper Realty.

When is Clipper Realty's next earnings date?

Clipper Realty is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Clipper Realty.

How were Clipper Realty's earnings last quarter?

Clipper Realty Inc (NYSE:CLPR) announced its quarterly earnings results on Monday, May, 11th. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.13. The firm had revenue of $30.89 million for the quarter, compared to analysts' expectations of $31.17 million. Clipper Realty had a negative net margin of 1.62% and a negative return on equity of 1.34%. View Clipper Realty's earnings history.

How often does Clipper Realty pay dividends? What is the dividend yield for Clipper Realty?

Clipper Realty announced a quarterly dividend on Monday, May 11th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.095 per share on Friday, May 29th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date is Thursday, May 21st. View Clipper Realty's dividend history.

What price target have analysts set for CLPR?

1 equities research analysts have issued twelve-month price objectives for Clipper Realty's stock. Their forecasts range from $14.00 to $14.00. On average, they anticipate Clipper Realty's stock price to reach $14.00 in the next year. This suggests a possible upside of 89.7% from the stock's current price. View analysts' price targets for Clipper Realty.

Has Clipper Realty been receiving favorable news coverage?

News headlines about CLPR stock have trended somewhat positive on Sunday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Clipper Realty earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutClipper Realty.

Are investors shorting Clipper Realty?

Clipper Realty saw a drop in short interest in April. As of April 30th, there was short interest totaling 301,600 shares, a drop of 11.1% from the April 15th total of 339,100 shares. Based on an average daily volume of 47,800 shares, the days-to-cover ratio is presently 6.3 days. Approximately 2.0% of the shares of the stock are sold short. View Clipper Realty's Current Options Chain.

Who are some of Clipper Realty's key competitors?

What other stocks do shareholders of Clipper Realty own?

Who are Clipper Realty's key executives?

Clipper Realty's management team includes the following people:
  • Mr. David Bistricer, Co-Chairman & CEO (Age 69)
  • Mr. Lawrence E. Kreider Jr., CFO & Sec. (Age 71)
  • Mr. Jacob Joseph Bistricer, Chief Operating Officer (Age 38)
  • Mr. Michael Frenz, Head of Capital Markets
  • Mr. Jacob Schwimmer, Chief Property Management Officer (Age 48)

When did Clipper Realty IPO?

(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.

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 number of institutional and retail investors. Top institutional shareholders include Brigade Capital Management LP (5.98%), BlackRock Inc. (4.72%), State Street Corp (1.49%), Geode Capital Management LLC (0.99%), Bank of New York Mellon Corp (0.58%) and Wedge Capital Management L L P NC (0.18%). Company insiders that own Clipper Realty stock include David Bistricer, Howard M Lorber and Sam Levinson. View institutional ownership trends for Clipper Realty.

Which major investors are selling Clipper Realty stock?

CLPR stock was sold by a variety of institutional investors in the last quarter, including DG Capital Management LLC, UBS Group AG, State Street Corp, Wedge Capital Management L L P NC, Parametric Portfolio Associates LLC, Bank of New York Mellon Corp, Asset Management One Co. Ltd., and Meeder Asset Management Inc.. View insider buying and selling activity for Clipper Realty.

Which major investors are buying Clipper Realty stock?

CLPR stock was purchased by a variety of institutional investors in the last quarter, including Brigade Capital Management LP, Geode Capital Management LLC, BlackRock Inc., Russell Investments Group Ltd., Wells Fargo & Company MN, and Alliancebernstein L.P.. Company insiders that have bought Clipper Realty stock in the last two years include David Bistricer, Howard M Lorber, and Sam Levinson. View insider buying and selling activity for Clipper Realty.

How do I buy shares of Clipper Realty?

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

What is Clipper Realty's stock price today?

One share of CLPR stock can currently be purchased for approximately $7.38.

How big of a company is Clipper Realty?

Clipper Realty has a market capitalization of $131.51 million and generates $116.17 million in revenue each year. The company earns $-1,660,000.00 in net income (profit) each year or $0.50 on an earnings per share basis. Clipper Realty employs 203 workers across the globe.

What is Clipper Realty's official website?

The official website for Clipper Realty is www.clipperrealty.com.

How can I contact Clipper Realty?

Clipper Realty's mailing address is 4611 12TH AVENUE SUITE 1L, BROOKLYN NY, 11219. The company can be reached via phone at 718-438-2804.

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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