Clipper Realty(CLPR)

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Clipper Realty: Undervalued With A Dividend Yield That's Fully Covered By AFFO
Seeking Alpha· 2025-08-13 02:09
Core Viewpoint - Clipper Realty (NYSE: CLPR) is viewed positively due to its secure dividend and attractive valuation relative to its portfolio of high-quality multifamily properties in New York, despite a year-to-date decline in stock price [1]. Group 1: Company Analysis - Clipper Realty's stock price has dipped year-to-date, yet the company maintains a bullish outlook due to its secure dividend and deeply discounted valuation [1]. - The company is part of a broader strategy by Pacifica Yield, which focuses on long-term wealth creation through investments in undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1].
Clipper Realty(CLPR) - 2025 Q2 - Quarterly Report
2025-08-08 13:52
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38010 CLIPPER REALTY INC. (Exact name of Registrant as specified in its charter) Maryland 47-4579660 (State or other jurisdiction of incorp ...
Clipper Realty(CLPR) - 2025 Q2 - Earnings Call Transcript
2025-08-07 22:30
Clipper Realty (CLPR) Q2 2025 Earnings Call August 07, 2025 05:30 PM ET Speaker0Good day, and welcome to the Clipper Realty Q2 Earnings Conference Call. At this time, all participants have been placed on a listen only mode. The floor will be open for questions and comments following the presentation. It is now my pleasure to turn the floor over to your host, Loren Saba, Corporate Controller at Clipper Realty. Sir, the floor is yours.Speaker1Thank you. Good afternoon, and thank you for joining us for the sec ...
Clipper Realty Inc. (CLPR) Beats Q2 FFO Estimates
ZACKS· 2025-08-07 22:15
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. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +33.33%. A quarter ago, it was expected that this company would post FFO of $0.16 per share when it actually produced FFO of $0.19, delivering a surprise of +18.75%.Over the last four quarters, the comp ...
Clipper Realty(CLPR) - 2025 Q2 - Quarterly Results
2025-08-07 21:03
Clipper Realty Inc. Announces Second Quarter 2025 Results NEW YORK, August 7, 2025 /Business Wire/ -- Clipper Realty Inc. (NYSE: CLPR) (the "Company"), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced financial and operating results for the three months ended June 30, 2025. Highlights for the Three Months Ended June 30, 2025 David Bistricer, Co-Chairman, and Chief Executive Officer, commented, "For the quarter, the Company c ...
Clipper Realty: Upside Potential, But Far From Risk-Free
Seeking Alpha· 2025-07-19 05:05
Group 1 - The article discusses the author's transition from selling a significant portion of EPR Properties stock to seeking new investment opportunities, particularly in high-yield Real Estate Investment Trusts (REITs) that offer stable passive income and potential mean reversion [1] - The author emphasizes a focus on value and income-oriented strategies in the selection of REITs, applying fundamental economic insights to assess market trends [1] Group 2 - The author identifies a strong interest in income investing, particularly in the context of the economic landscape shaped by the COVID-19 pandemic [1]
Clipper Realty: 141 Livingston Renewal, 9.8% Yield, Multifamily Rent Growth
Seeking Alpha· 2025-05-30 21:53
Group 1 - Clipper Realty Inc. (NYSE: CLPR) is currently trading at its lowest valuation ever, indicating a potential investment opportunity [1] - The company reported dual beats on its fiscal 2025 first quarter earnings, suggesting strong financial performance [1] - The equity market's daily price fluctuations can lead to significant long-term wealth creation or destruction, highlighting the importance of market dynamics [1] Group 2 - Pacifica Yield focuses on long-term wealth creation by investing in undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]
Clipper Realty: Attractively Valued Despite Property-Specific Headwinds
Seeking Alpha· 2025-05-14 13:08
Shares of Clipper Realty Inc. (NYSE: CLPR ) have been a solid performer over the past twelve months, gaining 4% while paying a solid dividend. However, there has been substantial volatility over the year, with shares losing over one-third ofOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me k ...
Clipper Realty Inc. (CLPR) Beats Q1 FFO Estimates
ZACKS· 2025-05-12 22:10
Group 1 - Clipper Realty Inc. reported quarterly funds from operations (FFO) of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.16 per share, and up from $0.14 per share a year ago, representing an FFO surprise of 18.75% [1] - The company posted revenues of $39.4 million for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 2.48%, compared to year-ago revenues of $35.76 million [2] - Clipper Realty has surpassed consensus FFO estimates in all four of the last quarters, while it has only topped consensus revenue estimates once in the same period [2] Group 2 - The stock has underperformed the market, losing about 12.5% since the beginning of the year, compared to the S&P 500's decline of 3.8% [3] - The current consensus FFO estimate for the coming quarter is $0.13 on revenues of $41.9 million, and for the current fiscal year, it is $0.47 on revenues of $162.6 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the bottom 41% of over 250 Zacks industries, indicating potential challenges for the sector [8]
Clipper Realty(CLPR) - 2025 Q1 - Earnings Call Transcript
2025-05-12 22:02
Financial Data and Key Metrics Changes - The company reported record quarterly revenue of $39.4 million, a 10.2% increase from the previous year [8] - Net Operating Income (NOI) increased to $21.8 million, an 8% increase year-over-year [13] - Adjusted Funds from Operations (AFFO) rose to $8 million, a significant 36% increase due to strong leasing activity [8][13] Business Line Data and Key Metrics Changes - Residential revenue increased to $29.2 million, reflecting a $3.1 million increase driven by strong leasing across all properties [13] - New lease rental rates exceeded previous rents by over 15%, while renewals increased by 8% [10] - Occupancy rates across residential properties reached 99%, with overall rent per foot rising significantly [9][10] Market Data and Key Metrics Changes - The overall rental housing supply remains constrained, contributing to high demand and record rental rates [10] - Rent collections across the portfolio remained strong, with collection rates nearly at 98% for all residential properties [12] Company Strategy and Development Direction - The company is focused on optimizing occupancy, pricing, and expenses to position itself for growth [12] - Ongoing developments include the completion of 953 Dean Street, a new ground-up project in Brooklyn, which is on time and on budget [5][6] - The company plans to finalize the sale of 10 West 60 Fifth Street, expected to generate approximately $12 million after costs [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued strong leasing performance due to high demand and limited supply in the rental market [10] - The company anticipates that current operating improvements will continue through early 2025 [20] - The management noted the impact of the high-interest rate environment, which is believed to increase tenant demand for rental products [16] Other Important Information - The company announced a dividend of $0.95 per share for the first quarter, consistent with the previous quarter [17] - The dividend will be paid on June 11, 2025, to shareholders of record on May 27, 2025 [18][19] Q&A Session Summary Question: Comments on the 141 Livingston lease renewal and potential new lease rates - Management indicated that no tenant improvements would be necessary for the renewal and expects to finalize the proposal in the coming weeks [22]