Clipper Realty Inc. (CLPR) Q1 2026 Earnings Call Transcript
Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.05 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to FFO of $0.19 per share a year ago.
Clipper Realty remains a "buy" due to depressed valuation, despite political and regulatory headwinds in NYC impacting rent growth and sentiment. Residential fundamentals are solid, with new leases up 13%, and Prospect House lease-up is expected to drive revenue growth into mid-2026. A nonrecourse property-level debt structure offers downside protection, and no near-term maturities provide balance sheet flexibility.
Clipper Realty Inc. (CLPR) Q4 2025 Earnings Call Transcript
Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.04 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to FFO of $0.19 per share a year ago.
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.
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.
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.
For my follow-up on Clipper Realty, a NYC-based multi-family REIT, I'm actually downgrading to a sell from my hold last winter, agreeing with today's bearish consensus. This REIT has a limited geographic diversification beyond a handful of NYC properties, operates with negative equity, and a high AFFO dividend payout ratio (above 75%). A new government recently elected in NYC but yet to be sworn in points to what impact new policies will have on demand and supply in NYC housing.
Clipper Realty Inc. ( CLPR ) Q3 2025 Earnings Call November 13, 2025 5:00 PM EST Company Participants Lawrence Sava David Bistricer - Co-Chairman & CEO Jacob Bistricer - Chief Operating Officer Lawrence Kreider - CFO & Secretary Presentation Operator Good day, and welcome to the Clipper Realty Q3 Earnings Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Lawrence Sava.
Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.13 per share, beating the Zacks Consensus Estimate of $0.1 per share. This compares to FFO of $0.18 per share a year ago.
Interest rates are expected to be cut on September 17th. This is a huge catalyst for the REIT sector. I present 2 REITs that could enjoy significant upside potential.