Clipper Realty Inc. (CLPR)
NYSE NYSE Primary 
Clipper Realty: Remarkable Q4 Reignites Bull Case, 9.3% Dividend Yield A Strong Buy
Clipper Realty's 9.3% dividend yield is significantly elevated due to a broad REIT pullback, presenting a strong buy opportunity with robust revenue growth and record FFO. The REIT's fiscal 2024 fourth-quarter revenue rose 9.1% year-over-year, driven by positive leasing spreads, with FFO providing substantial 200% coverage on dividend payments. CLPR's current yield is excessively high compared to its financial health, suggesting a fair price of at least $6 per share.
Clipper Realty Inc. (CLPR) Beats Q4 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 $0.14 per share. This compares to FFO of $0.15 per share a year ago.
Clipper Realty: An Undervalued REIT Plagued By High Debt And Limited Geography
Clipper Realty gets a hold rating as its low share price and undervaluation is overcome by negative equity, a limited portfolio, and lacking a proven profitability lately. Macro factors like rental housing demand growth in the NYC market could be in its favor. Although the dividend yield is past 9%, there is no proven dividend growth. However, the firm's positive cashflow could provide sustainability.
Sell Alert: 3 REITs That Likely Will Cut Their Dividend In 2025
Most REITs are well-positioned to grow dividends. But there are exceptions. I highlight three REITs that are at high risk of cutting their dividend.
Clipper Realty Rises 32% in 6 Months: What Should Investors Do?
CLPR rides on strong residential leasing and interest rate cuts. However, choppiness in the office real estate market remain concern.
Clipper Realty: 7.4% Dividend Yield But Office Property Headwinds Need To Be Addressed For New Highs
Clipper Realty is paying out a 7.4% dividend yield that's fully covered by free cash flow. The plan to sell 10 West 65th Street increases office property exposure and impacts the multifamily pureplay bull case. Despite record quarterly revenue and improved free cash flow, Clipper Realty faces financial uncertainty due to an accelerated loan payment totaling $116.6 million.
Is Clipper Realty (CLPR) Stock Undervalued 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.
New Strong Buy Stocks for November 6th
ORLA, SWDBY, SUOPY, HROW and CLPR have been added to the Zacks Rank #1 (Strong Buy) List on November 6, 2024.
Best Income Stocks to Buy for November 6th
CLPR, SWDBY and SUOPY made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 6, 2024.
Despite Fast-paced Momentum, Clipper Realty (CLPR) Is Still a Bargain Stock
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Clipper Realty (CLPR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Clipper Realty Inc. (CLPR) Q3 2024 Earnings Call Transcript
Clipper Realty Inc. (NYSE:CLPR ) Q3 2024 Earnings Conference Call October 31, 2024 5:00 PM ET Company Participants Lawrence Sava - Corporate Controller Larry Kreider - CFO JJ Bistricer - Chief Operating Officer Conference Call Participants Buck Horne - Raymond James 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) Beats Q3 FFO Estimates
Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.18 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to FFO of $0.15 per share a year ago.
