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

4.48

Mkt cap

70M

Volume

72K

High

4.50

P/E Ratio

-15.03

52-wk high

7.12

Low

4.32

Div yield

0.09

52-wk low

3.38

The article discusses three REITs that are at high risk of cutting their dividends in 2025, despite most REITs being well-positioned to grow dividends. This could impact investor sentiment and stock prices for these specific REITs.

Portfolio Pulse from

December 10, 2024 | 1:45 pm

Clipper Realty (CLPR) has seen a 32% rise in its stock price over the past six months, driven by strong residential leasing and interest rate cuts. However, concerns remain due to volatility in the office real estate market.

Portfolio Pulse from

November 28, 2024 | 6:30 pm

Clipper Realty is offering a 7.4% dividend yield, supported by free cash flow. However, the company's plan to sell 10 West 65th Street increases its office property exposure, which could impact its multifamily focus. Despite record revenue and improved cash flow, Clipper Realty faces financial uncertainty due to a $116.6 million accelerated loan payment.

Portfolio Pulse from

November 24, 2024 | 6:15 pm

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

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