HY, STKS and CLPR made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 9, 2024.
CLPR, UMC and CRD.B made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 9, 2024.
Clipper Realty (CLPR) could produce exceptional returns because of its solid growth attributes.
Clipper Realty (CLPR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Clipper Realty (CLPR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Clipper Realty is a buy due to its low valuation, high dividend yield, and debt relief from pending Fed rate cuts. CLPR's common shares trade at 7.1x annualized fiscal 2024 second quarter FFO, with an 8% dividend yield, significantly covered by FFO. Despite office exposure and lease expirations, CLPR's strong free cash flow and New York's high rent environment support its financial health.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Clipper Realty is a REIT with undervalued assets in NYC that outweigh concerns about high debt and office space tenant departure. The estimated value of CLPR ranges from $5.82 to $23.5, depending on cap rate. CLPR's unique capital structure protects individual properties from debt risks: poor performance of one property will not negatively impact others.
Clipper Realty Inc (NYSE:CLPR ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Larry Kreider - Chief Financial Officer David Bistricer - Co-Chairman of the Board and Chief Executive Officer JJ Bistricer - Chief Operating Officer Conference Call Participants John Rodis - Janney Montgomery Scott LLC Ross Haberman - RLH Investments Operator Good day, and welcome to the Clipper Realty Quarterly Earnings Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for questions and comment after the presentation.
Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.17 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to FFO of $0.13 per share a year ago.
Big tech and AI dominate financial headlines. Small-cap companies offer potential for growth and investment opportunities. Three small-cap REITs worth considering: Global Self Storage, Postal Realty Trust, Clipper Realty.