Streetbeat News

CLPR

Clipper Realty Inc.

https://www.clipperrealty.com

Industry

REIT - Residential

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.

Open

5.12

Mkt cap

82M

Volume

54K

High

5.21

P/E Ratio

-17.66

52-wk high

7.12

Low

5.09

Div yield

0.07

52-wk low

3.38

The article discusses whether Clipper Realty (CLPR) stock is currently undervalued, focusing on the Zacks Rank system which emphasizes earnings estimates and revisions to identify strong stocks.

Portfolio Pulse from

November 19, 2024 | 4:00 pm

On November 6, 2024, ORLA, SWDBY, SUOPY, HROW, and CLPR were added to the Zacks Rank #1 (Strong Buy) List, indicating a positive outlook for these stocks.

Portfolio Pulse from

November 06, 2024 | 12:45 pm

On November 6, 2024, CLPR, SWDBY, and SUOPY were listed as Zacks Rank #1 (Strong Buy) income stocks, indicating strong potential for income-focused investors.

Portfolio Pulse from

November 06, 2024 | 10:30 am

Clipper Realty reported Q3 2024 earnings per share of $0.18, surpassing the analyst estimate of $0.15. However, its sales of $37.622 million slightly missed the expected $37.856 million, though they increased by 7.10% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:03 pm

The article highlights three real estate stocks with over 7% dividend yields: Easterly Government Properties, Clipper Realty, and Park Hotels & Resorts. Analysts have mixed ratings on these stocks, with recent acquisitions and earnings reports influencing their outlooks.

Portfolio Pulse from Avi Kapoor

September 12, 2024 | 11:18 am

Analysts have provided ratings on three high-yielding real estate stocks: Uniti Group Inc. (UNIT), Clipper Realty Inc. (CLPR), and Easterly Government Properties, Inc. (DEA). UNIT has been downgraded by B of A Securities, CLPR has been downgraded by Raymond James and JMP Securities, and DEA has been downgraded by RBC Capital.

Portfolio Pulse from Avi Kapoor

August 29, 2024 | 12:09 pm

Clipper Realty shares are trading higher after the company reported better-than-expected Q2 revenue and FFO results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:25 pm

Clipper Realty (NYSE:CLPR) reported Q2 2024 earnings of $0.17 per share, beating the analyst estimate of $0.12 by 41.67%. Sales were $37.346 million, surpassing the $36.008 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:18 pm

Clipper Realty (NYSE:CLPR) reported Q1 2024 FFO of $0.14 per share, surpassing the $0.12 estimate, marking a 27.27% increase from the previous year. However, their sales of $35.760M fell short of the $36.008M estimate, despite being a 6.22% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:31 pm

Raymond James analyst Buck Horne downgraded Clipper Realty (NYSE:CLPR) from Outperform to Underperform, indicating a negative outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 1:51 pm

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