Clipper Realty Inc. (CLPR)
NYSE NYSE Primary Summary
CLPR Chart
Clipper Realty: Cheap On Paper, But The 12% Yield Is Not Sustainable
Clipper Realty Inc. is rated 'Sell' due to high leverage, refinancing risks, and a likely dividend cut. CLPR's residential segment grew 10.9% YoY, but overall AFFO halved after losing its largest office tenant. Net debt/EBITDA is an elevated 17.6x, with looming rate resets likely to further pressure AFFO and dividends.
Clipper Realty Inc. (CLPR) Q2 2026 Earnings Call Transcript
Clipper Realty Inc. (CLPR) Q2 2026 Earnings Call Transcript
Clipper Realty Inc. (CLPR) Q2 FFO Surpass Estimates
Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to FFO of $0.2 per share a year ago.
Clipper Realty Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 27 | $74.48 | $85.05 | $10.57 | 14.19% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 444 | $2,413.76 | $1,405.26 | -$1,008.5 | -41.78% |
| RAD Robert A. Dee AMERICAN FINANCIAL GROUP Inc. | 372,044 | $4.59M | $1.17M | -$3.42M | -74.59% |
| AB Anthony Bruccoleri Equitable Holdings Inc. | 21,433 | $81,751.14 | $68,371.27 | -$13,379.87 | -16.37% |
 Bobby Adusumilli SJS Investment Consulting Inc. | 5 | $13.9 | $15.95 | $2.05 | 14.75% |
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Clipper Realty Inc. Profile
| Residential REITs Industry | Real Estate Sector | David Bistricer CEO | NYSE Exchange | 18885T306 CUSIP |
| US Country | 161 Employees | 18 Aug 2026 Last Dividend | - Last Split | 10 Feb 2017 IPO Date |
Overview
Clipper Realty Inc. (NYSE: CLPR) stands as a notable entity in the real estate sector, characterized by its self-administration and self-management. The company’s strategic objective revolves around the acquisition, ownership, management, operation, and repositioning of multifamily residential and commercial properties. Predominantly focused on the vibrant New York metropolitan area, Clipper Realty’s investment footprint extends across prestigious locations in Manhattan and Brooklyn. This geographical focus allows the company to capitalize on the dynamic and oftentimes high-value real estate market within one of the world’s most renowned urban ecosystems.
Products and Services
- Multifamily Residential Properties
Clipper Realty Inc. specializes in managing multifamily residential properties, which includes apartments and residential complexes. These properties are situated in high-demand areas within the New York metropolitan area, especially in Manhattan and Brooklyn. The company focuses on providing high-quality living spaces that meet the diverse needs of city dwellers, leveraging its expertise in property management to maintain and enhance the value of its residential portfolio.
- Commercial Properties
Alongside its residential holdings, Clipper Realty has made significant investments in commercial properties. This segment of their portfolio encompasses office buildings, retail spaces, and other commercial real estate assets located in strategic, high-traffic areas. By owning and operating these properties, Clipper Realty aims to cater to the dynamic needs of businesses in New York City, offering prime locations that promise visibility and accessibility. The company’s adept management practices ensure these commercial spaces remain attractive to tenants and lucrative for stakeholders.
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