YOLFTbeta
Clipper Realty Inc

Clipper Realty Inc

CLPR · NYSE · Real Estate / REIT - Residential

3.39USD+0.06 (+1.80%)

Price History

Full chart

Market Stats

Previous Close3.33
Open3.36
Day Range3.35 – 3.39
52-Week Range2.62 – 3.85
Volume15.85K
Market Cap144.84M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.93
Dividend Yield11.14%
Beta0.96
50-Day Avg3.14
200-Day Avg3.23

About

Clipper Realty Inc. is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. Clipper Realty Inc. was established in 2015 and was incorporated in Maryland.

Company Details

  • SectorReal Estate
  • IndustryREIT - Residential
  • CEOMr. David Bistricer
  • Employees161
  • Headquarters4611 12th Avenue, Brooklyn, NY, United States, 11219-2514, USA
  • Websitehttps://www.clipperrealty.com

Leadership

  • Mr. David BistricerCo-Chairman & CEO · b. 1950
  • Mr. Jacob Joseph BistricerChief Operating Officer · b. 1981
  • Mr. Jacob SchwimmerChief Property Management Officer · b. 1971
  • Mr. Lawrence E. Kreider Jr.CFO & Secretary · b. 1948

Financials

Income Statement

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue41.46M47.77M84.60M93.00M103.95M110.00M116.17M122.85M122.73M129.75M138.21M148.78M153.20M
Growth (%)-+15.23%+77.10%+9.93%+11.77%+5.82%+5.61%+5.75%-0.10%+5.72%+6.52%+7.65%+2.98%
Cost of Revenue24.07M26.23M38.21M43.18M47.71M49.56M53.85M58.19M59.45M61.87M62.57M63.93M30.39M
Gross Profit17.39M21.54M46.40M49.82M56.24M60.44M62.31M64.66M63.28M67.88M75.64M84.84M122.81M
Gross Margin41.94%45.09%54.84%53.57%54.10%54.94%53.64%52.63%51.56%52.32%54.73%57.03%80.16%
Operating Expense6.05M7.16M17.89M24.03M26.73M27.98M28.82M32.52M39.12M40.24M42.47M44.31M118.63M
Operating Income11.34M14.38M28.50M25.80M29.50M32.46M33.50M32.14M24.16M27.64M33.17M40.53M4.18M
Operating Margin27.35%30.11%33.69%27.74%28.38%29.51%28.83%26.16%19.69%21.30%24.00%27.24%2.73%
EBITDA13.21M16.39M37.02M41.09M46.23M50.56M51.75M54.54M47.03M54.62M58.24M70.31M64.45M
EBITDA Margin31.86%34.31%43.76%44.18%44.47%45.97%44.55%44.40%38.32%42.10%42.14%47.26%42.07%
Net Income3.41M5.24M-5.05M-3.73M-2.36M-3.63M-1.67M-4.91M-7.59M-4.76M-5.90M-2.50M-19.90M
Net Income Margin8.23%10.96%-5.97%-4.02%-2.27%-3.30%-1.43%-3.99%-6.18%-3.67%-4.27%-1.68%-12.99%
R&D---0.120.060.080.040.10.160.10.11--
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense-9.14M36.70M38.14M35.51M32.78M35.19M40.23M41.28M40.21M44.87M47.11M53.03M
Interest Expense % of Total Revenue-19.14%43.38%41.00%34.16%29.80%30.29%32.75%33.64%30.99%32.46%31.67%34.61%

Balance Sheet

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets210.33M766.86M881.12M905.21M1.05B1.10B1.17B1.21B1.23B1.23B1.25B1.29B1.23B
Total Liabilities214.99M729.66M734.74M778.99M866.83M939.52M1.02B1.10B1.16B1.19B1.24B1.30B1.32B
Total Equity-4.66M37.20M146.38M126.22M185.59M65.18M141.78M104.11M69.95M37.18M2.74M-5.41M-30.71M
Cash3.80M9.16M125.33M37.55M8.27M37.03M42.50M72.06M34.52M18.15M22.16M19.90M30.82M
Total Debt187.13M708.23M713.44M754.46M843.95M913.56M1.02B1.10B1.16B1.16B1.21B1.27B1.28B
Net Debt183.34M699.07M588.11M716.91M835.67M876.54M955.40M1.01B1.10B1.14B1.18B1.25B1.25B

Cash Flow

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.17M7.47M9.44M9.35M10.77M27.26M23.77M15.99M10.82M20.14M26.18M31.86M22.57M
Investing Cash Flow-2.65M-226.82M-9.03M-121.28M-187.66M-39.30M-74.90M-31.71M-77.94M-51.48M-41.36M-68.78M12.09M
Financing Cash Flow-2.68M224.71M115.76M24.15M147.61M41.13M62.20M47.82M30.31M9.78M20.73M38.75M-14.56M
Capital Expenditure02.54M9.03M121.28M20.28M39.88M74.90M31.81M35.53M45.45M41.36M00
Free Cash Flow5.17M4.93M415.00K-111.94M-9.50M-12.62M23.77M15.99M10.82M20.14M26.18M31.86M22.57M
Dividends Paid4.45M67.45M15.88M9.95M16.57M6.77M17.09M17.24M16.76M17.07M17.39M6.11M18.45M
FCF to OCF100.00%65.98%4.40%-1197.17%-88.19%-46.31%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF86.00%1368.15%3827.47%-8.89%-174.33%-53.63%71.89%107.84%154.85%84.78%66.43%19.17%81.76%

Earnings

Report DateNov 30, 2016Feb 13, 2017May 15, 2017Jul 17, 2017Oct 26, 2017Mar 8, 2018May 10, 2018Aug 8, 2018Nov 1, 2018Mar 7, 2019May 9, 2019Aug 1, 2019Nov 12, 2019Mar 12, 2020May 11, 2020Aug 10, 2020Nov 9, 2020Mar 16, 2021May 10, 2021Aug 9, 2021Nov 9, 2021Mar 15, 2022May 10, 2022Aug 9, 2022Nov 9, 2022Mar 24, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Mar 14, 2024May 7, 2024Aug 1, 2024Oct 31, 2024Mar 12, 2025May 5, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 12, 2026Aug 6, 2026Nov 12, 2026
EPS Estimate0.000.050.090.070.070.05-0.01-0.01-0.010.010.01-0.040.03-0.36-0.01-0.01-0.030.01-0.04-0.05-0.08-0.07-0.12-0.05-0.05-0.05-0.06-0.050.040.060.060.090.110.14-0.130.000.070.000.050.04
EPS Actual0.00-0.09-0.03-0.04-0.04-0.040.080.110.01-0.04-0.010.03-0.01-0.05-0.020.05-0.13-0.100.01-0.08-0.08-0.16-0.02-0.02-0.03-0.100.03-0.02-0.07-0.09-0.09-0.06-0.05-0.05-0.860.20-0.140.04-0.300.09-
Surprise--280.00%-135.29%-161.54%-159.97%-180.00%900.00%1175.00%200.00%-500.00%-200.00%175.00%-133.33%86.11%-100.00%600.00%-333.33%-1100.00%125.00%-60.00%0.00%-128.57%83.33%60.00%40.00%-100.00%150.00%60.00%-275.00%-245.83%-243.33%-171.11%-144.18%-134.79%-53.85%--42.86%-80.00%-
Timing-After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market-After-hours--After-hoursAfter-hours

Key Statistics & Ratios

Market Cap144.84M
Enterprise Value1.30B
Trailing P/E0.00
Forward P/E0.00
PEG Ratio0.00
Price / Sales0.96
Price / Book215.52
EPS-0.93
Book Value-2.48
Revenue (TTM)151.46M
Gross Profit (TTM)83.17M
EBITDA67.29M
Profit Margin-8.36%
Operating Margin24.88%
Return on Equity-399.90%
Return on Assets1.75%
Shares Outstanding16.16M
Shares Float13.12M
Beta0.96
Dividend Yield11.14%
Dividend Rate0.38
Payout Ratio0.00%

Analyst Ratings

Sell
Based on 1 analystsTarget 7.50
  • Sell
    1

Ownership Breakdown

Institutions
24.47%
Insiders
17.37%
Retail / Other
58.16%

Top Institutional Holders

  • BlackRock Inc
    741.59K4.59%
  • Vanguard Capital Management, LLC
    544.89K3.37%
  • Geode Capital Management, LLC
    388.77K2.41%
  • American Financial Group Inc
    372.04K2.30%
  • Penserra Capital Management, LLC
    324.98K2.01%
  • State Street Corp
    321.90K1.99%
  • AmTrust Financial Services Inc
    231.95K1.44%
  • State of New Jersey Common Pension Fd D
    204.99K1.27%
  • Morgan Stanley - Brokerage Accounts
    189.51K1.17%
  • Connor Clark & Lunn Inv Mgmt Ltd
    145.19K0.90%
  • Dimensional Fund Advisors, Inc.
    143.30K0.89%
  • Brookwood Investment Group LLC
    136.53K0.84%
  • Northern Trust Corp
    129.53K0.80%
  • Millennium Management LLC
    106.30K0.66%
  • Renaissance Technologies Corp
    94.96K0.59%
  • GSA Capital Partners LLP
    93.31K0.58%
  • Citadel Advisors Llc
    88.89K0.55%
  • The Goldman Sachs Group Inc
    86.46K0.54%

Top Fund Holders

  • Hoya Capital High Dividend Yield ETF
    462.65K2.86%
  • Vanguard MStar Total Stk Mkt Idx Invest
    179.52K1.11%

Dividends

20263×
0.10Aug 18, 20260.10May 26, 20260.10Mar 12, 2026
20254×
0.10Nov 26, 20250.10Aug 21, 20250.10May 27, 20250.10Mar 19, 2025
20244×
0.10Nov 13, 20240.10Aug 15, 20240.10May 20, 20240.10Mar 26, 2024
20234×
0.10Nov 13, 20230.10Aug 14, 20230.10May 12, 20230.10Mar 24, 2023
20224×
0.10Nov 18, 20220.10Aug 18, 20220.10May 19, 20220.10Mar 24, 2022
20214×
0.10Nov 15, 20210.10Aug 18, 20210.10May 19, 20210.10Mar 25, 2021
20201×
0.10Nov 19, 2020