Clipper Realty Inc. (CLPR)
NYSE NYSE Primary 
Clipper Realty: Undervalued With A Dividend Yield That's Fully Covered By AFFO
Clipper Realty is paying out a $0.095 per share quarterly dividend for a 9.5% dividend yield from a portfolio of New York multifamily properties. The 9.5% dividend yield is secure, supported by adjusted funds from operations of $0.20 generated during the recent second quarter. A possible NYC-wide rent freeze and the vacate at 250 Livingston present near-term risks. The extent of coverage and the stabilization of Prospect House provide a hedge.
Is Clipper Realty (CLPR) a Great Value Stock Right Now?
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 Inc. (CLPR) Q2 2025 Earnings Call Transcript
Clipper Realty Inc. (NYSE:CLPR ) Q2 2025 Earnings Conference Call August 7, 2025 5:30 PM ET Company Participants Jacob Joseph Bistricer - Chief Operating Officer Lawrence E. Kreider - CFO & Secretary Lawrence Sava - Corporate Participant Operator Good day, and welcome to the Clipper Realty Q2 Earnings Conference Call.
Clipper Realty Inc. (CLPR) Beats Q2 FFO Estimates
Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.2 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to FFO of $0.17 per share a year ago.
Clipper Realty: Upside Potential, But Far From Risk-Free
Clipper Realty trades at a depressed valuation, offering an 9% yield and significant upside if AFFO growth continues and 250 Livingston is resolved. AFFO is growing rapidly due to high occupancy and rental growth, but the loss of 250 Livingston's tenant poses a material risk to future cash flow. Debt is high but manageable, with near-term refinancing likely to lower interest costs; long-term maturities reduce immediate risk.
Should Value Investors Buy Clipper Realty (CLPR) Stock?
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: 141 Livingston Renewal, 9.8% Yield, Multifamily Rent Growth
Clipper Realty Inc. trades at its lowest valuation ever despite record fiscal 2025 first-quarter revenue, strong rental demand, and positive leasing spreads in a tight NYC market. The upcoming lease-up of 953 Dean Street and renewal at 141 Livingston offset the risk from the anchor tenant exit at 250 Livingston. Debt remains a key risk, but recent asset sales, new financing, and strong free cash flow provide liquidity and dividend coverage.
Clipper Realty: Attractively Valued Despite Property-Specific Headwinds
Clipper Realty Inc. has appreciated over the past year, despite substantial volatility and regulatory challenges in the NYC residential market. Q1 results were strong with $0.19 FFO, beating estimates, and 10% revenue growth, but significant risks remain due to rent-regulated exposure and potential leasing issues. Clipper's single-property loan structure mitigates creditor disputes, but deteriorating lender relationships and refinancing challenges pose significant risks, particularly for rent-controlled properties.
Clipper Realty Inc. (CLPR) Q1 2025 Earnings Call Transcript
Clipper Realty Inc. (NYSE:CLPR ) Q1 2025 Earnings Conference Call May 12, 2025 5:00 PM ET Company Participants Lawrence Sava - Corporate Controller David Bistricer - Co-Chairman and Chief Executive Officer JJ Bistricer - Chief Operating Officer Lawrence Kreider - Chief Financial Officer Conference Call Participants Buck Horne - Raymond James Operator Good afternoon, and welcome to today's Clipper Realty Q1 Earnings Call. At this time, all participants have been placed on a listen-only mode, and we will open the floor for questions and comments after the presentation.
Clipper Realty Inc. (CLPR) Beats Q1 FFO Estimates
Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to FFO of $0.14 per share a year ago.
Are Investors Undervaluing Clipper Realty (CLPR) Right Now?
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 Inc. (CLPR) Q4 2024 Earnings Call Transcript
Clipper Realty Inc. (NYSE:CLPR ) Q4 2024 Earnings Conference Call February 18, 2025 5:00 PM ET Company Participants Lawrence Sava - Corporate Controller David Bistricer - Co-Chairman and CEO Jacob Bistricer - COO Lawrence Kreider - CFO Conference Call Participants 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 opened for questions and comments after the presentation.
