Clipper Realty Inc. (CLPR)
Market Closed
10 Dec, 20:00
NYSE NYSE Primary $
3. 40
-0.03
-0.87%
$
59.9M Market Cap
- P/E Ratio
0.38% Div Yield
79,634 Volume
0 Eps
$ 3.43
Previous Close Day Range
3.38 3.48
Year Range
3.37 6.49
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Earnings results expected in 63 days
Clipper Realty: High Yield, But You Could Be Ignored
Clipper Realty's stock is currently trading at an all-time low and a 10% yield with no history of dividend cuts. With ten properties in Manhattan and Brooklyn, it's good real estate, but refinancing at higher interest rates could squeeze the cash flow too much. Crucially, management is not bound by anti-competitive agreements, and their best ideas may not go to CLPR.
Seekingalpha | 1 year ago
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