Should I buy or sell Clipper Realty stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clipper Realty in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CLPR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLPR, but not buy additional shares or sell existing shares. View CLPR analyst ratings or view top-rated stocks .

What is Clipper Realty's stock price target for 2024?

3 brokerages have issued 12 month price targets for Clipper Realty's stock. Their CLPR share price targets range from $8.00 to $11.00. On average, they predict the company's share price to reach $9.50 in the next year. This suggests a possible upside of 135.1% 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 2024?

Clipper Realty's stock was trading at $5.40 on January 1st, 2024. Since then, CLPR shares have decreased by 25.2% and is now trading at $4.04. View the best growth stocks for 2024 here .

Are investors shorting Clipper Realty?

Clipper Realty saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 78,000 shares, an increase of 23.4% from the February 29th total of 63,200 shares. Based on an average daily volume of 44,900 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.6% 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 Thursday, May 2nd 2024. View our CLPR earnings forecast .

How were Clipper Realty's earnings last quarter?

Clipper Realty Inc. (NYSE:CLPR) released its quarterly earnings results on Tuesday, November, 9th. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.16. Clipper Realty had a negative trailing twelve-month return on equity of 35.33% and a negative net margin of 4.27%. During the same period in the prior year, the firm earned $0.06 EPS.

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

Clipper Realty declared a quarterly dividend on Thursday, March 14th. Stockholders of record on Wednesday, March 27th will be paid a dividend of $0.095 per share on Thursday, April 4th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 9.41%. The ex-dividend date is Tuesday, March 26th. Read our dividend analysis for CLPR .

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 10.00%. 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?

Clipper Realty (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 served as the underwriters for the IPO and Janney Montgomery Scott and Wunderlich were co-managers.

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 .

NYSE:CLPR

Clipper Realty (CLPR) Stock Price, News & Analysis

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$4.04

+0.35 (+9.49%)

(As of 04/19/2024 ET)

Compare

Today's Range: $3.64
▼
$4.06
50-Day Range: $3.69
▼
$5.08
52-Week Range: $3.64
▼
$6.86

Volume: 101,659 shs
Average Volume: 49,373 shs
Market Capitalization: $64.88 million

P/E Ratio: N/A
Dividend Yield: 9.41%
Price Target: $9.50

Get Clipper Realty alerts:

Clipper Realty MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 135.1% Upside
$9.50 Price Target
Short Interest: Healthy
0.58% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.16
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -3.23%
From $0.31 to $0.30 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.77 out of 5 stars

Real Estate Sector

2nd out of 6 stocks

REIT - Residential Industry

1st out of 1 stocks

3.0

Analyst's Opinion

Consensus Rating
Clipper Realty has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.
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
0.58% 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 1.8, 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 0.13%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
Clipper Realty is a leading dividend payer. It pays a dividend yield of 10.00%, 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 126.67% 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.

2.1

News and Social Media Coverage

News Sentiment
Clipper Realty has a news sentiment score of -0.16. 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 lower news sentiment than the 0.54 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Clipper Realty this week, compared to 1 article on an average week.
Search Interest
1 people have searched for CLPR on MarketBeat in the last 30 days.
MarketBeat Follows
70 people have added Clipper Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 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
52.34% 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.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Clipper Realty are expected to decrease by -3.23% in the coming year, from $0.31 to $0.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clipper Realty is -8.98, 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 -8.98, 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 8.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Clipper Realty Stock (NYSE:CLPR)

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.

CLPR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CLPR Stock News Headlines

April 18, 2024 | sfgate.com

Kawhi Leonard's status for Clippers' playoff opener against Mavericks remains murky

April 18, 2024 | msn.com

Kawhi Leonard practices with Clippers, but status for Game 1 is unclear

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April 18, 2024 | msn.com

Clippers preparing to have Kawhi Leonard for Game 1 against Mavericks

April 16, 2024 | msn.com

Raymond James Downgrades Clipper Realty (CLPR)

April 16, 2024 | americanbankingnews.com

Clipper Realty (NYSE:CLPR) Downgraded to "Underperform" at Raymond James

April 15, 2024 | msn.com

Clipper Realty stock falls after Raymond James downgrades to Underperform

April 13, 2024 | americanbankingnews.com

Clipper Realty (NYSE:CLPR) Stock Rating Reaffirmed by JMP Securities

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April 11, 2024 | msn.com

Clipper Realty lowered to Market Perform at JMP on office-tenant uncertainty

March 31, 2024 | msn.com

Paul George’s 41 points lead the Clippers to victory over the Hornets

March 31, 2024 | sfgate.com

L.A. Clippers 130, Charlotte 118

March 28, 2024 | sfgate.com

L.A. Clippers 108, Philadelphia 107

March 16, 2024 | seekingalpha.com

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

March 15, 2024 | finance.yahoo.com

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

March 14, 2024 | businesswire.com

Clipper Realty Inc. Announces Fourth Quarter 2023 Results

March 13, 2024 | msn.com

Clipper Realty Q4 Earnings Preview

March 13, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Clipper Realty's earnings

March 12, 2024 | msn.com

NBA’s Clippers moving minor-league affiliate to Oceanside

February 22, 2024 | benzinga.com

Clipper Realty Stock (NYSE:CLPR), Short Interest Report

February 22, 2024 | businesswire.com

Clipper Realty Inc. to Report Fourth Quarter 2023 Financial Results

February 20, 2024 | finance.yahoo.com

Clipper Realty Inc. Announces Tax Information For 2023 Distributions

February 20, 2024 | businesswire.com

Clipper Realty Inc. Announces Tax Information For 2023 Distributions

February 17, 2024 | finance.yahoo.com

CLPR Mar 2024 7.500 put

February 16, 2024 | wsj.com

Clipper Realty Inc.

February 6, 2024 | sfgate.com

L.A. Clippers 149, Atlanta 144

February 1, 2024 | tmcnet.com

reAlpha Tech Corp. Announces Executive Appointments

See More Headlines

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Company Calendar

Last Earnings: 11/09/2021
Ex-Dividend for 4/4 Dividend: 3/26/2024
Dividend Payable: 4/04/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Real Estate
Industry: REIT - Residential
Sub-Industry: N/A
Current Symbol: NYSE:CLPR
CUSIP: N/A
CIK: 1649096
Web: www.clipperrealty.com
Phone: (718) 438-2804
Fax: N/A
Employees: 148
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.50
High Stock Price Target: $11.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +135.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.45)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 13.03
P/E Growth: N/A
Net Income: $-5,900,000.00
Net Margins: -4.27%
Pretax Margin: -11.26%
Return on Equity: -35.33%
Return on Assets: -0.48%

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: 0.47
Cash Flow: $1.67 per share
Price / Cash Flow: 2.42
Book Value: $0.45 per share
Price / Book: 8.98

Miscellaneous

Outstanding Shares: 16,060,000
Free Float: 7,656,000
Market Cap: $64.88 million
Optionable: Optionable
Beta: 1.22

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Key Executives

Mr. David Bistricer (Age 74)
Co-Chairman & CEO
Comp: $868.72k
Mr. Jacob Joseph Bistricer (Age 43)
Chief Operating Officer
Comp: $875.34k
Mr. Jacob Schwimmer (Age 53)
Chief Property Management Officer
Comp: $645.83k
Mr. Lawrence E. Kreider Jr. (Age 76)
CFO & Secretary
Comp: $420.81k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CLPR Stock Analysis - Frequently Asked Questions

Should I buy or sell Clipper Realty stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clipper Realty in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CLPR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLPR, but not buy additional shares or sell existing shares.
View CLPR analyst ratings or view top-rated stocks.
What is Clipper Realty's stock price target for 2024?: 3 brokerages have issued 12 month price targets for Clipper Realty's stock. Their CLPR share price targets range from $8.00 to $11.00. On average, they predict the company's share price to reach $9.50 in the next year. This suggests a possible upside of 135.1% 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 2024?: Clipper Realty's stock was trading at $5.40 on January 1st, 2024. Since then, CLPR shares have decreased by 25.2% and is now trading at $4.04.
View the best growth stocks for 2024 here.
Are investors shorting Clipper Realty?: Clipper Realty saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 78,000 shares, an increase of 23.4% from the February 29th total of 63,200 shares. Based on an average daily volume of 44,900 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.6% 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 Thursday, May 2nd 2024.
View our CLPR earnings forecast.
How were Clipper Realty's earnings last quarter?: Clipper Realty Inc. (NYSE:CLPR) released its quarterly earnings results on Tuesday, November, 9th. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.16. Clipper Realty had a negative trailing twelve-month return on equity of 35.33% and a negative net margin of 4.27%. During the same period in the prior year, the firm earned $0.06 EPS.

How often does Clipper Realty pay dividends? What is the dividend yield for Clipper Realty?: Clipper Realty declared a quarterly dividend on Thursday, March 14th. Stockholders of record on Wednesday, March 27th will be paid a dividend of $0.095 per share on Thursday, April 4th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 9.41%. The ex-dividend date is Tuesday, March 26th.
Read our dividend analysis for CLPR.
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 10.00%. 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?: Clipper Realty (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 served as the underwriters for the IPO and Janney Montgomery Scott and Wunderlich were co-managers.
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.

This page (NYSE:CLPR) was last updated on 4/20/2024 by MarketBeat.com Staff

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