Clipper Realty (CLPR) AI Stock Analysis

• Market Cap: $63.62M
• Dividend Yield: 9.29%
• Average Volume (3M): 97.51K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.44
• Revenue Growth: 7.69%
• EPS Growth: -251.59%
• Country: US
• Employees: 171
• Sector: Real Estate
• Sector Strength: 46
• Industry: REIT - Residential
• EPS (TTM): -0.07
• Shares Outstanding: 16,146,545
• 10 Day Avg. Volume: 111,546
• 30 Day Avg. Volume: 97,507
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 19.35
• Enterprise Value/Revenue: 7.99
• Enterprise Value/Gross Profit: 12.68
• Enterprise Value/Ebitda: 31.69
• 1Y Price Target: $4.00
• Price Target Upside: -0.74% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 52 Neutral
• Price Target: $4.00 ▼(-0.74% Downside)

Clipper Realty's overall stock score reflects a balance of strengths and challenges. The most significant factor is the company's financial performance, which is hindered by high leverage and negative net income. Technical analysis shows moderate strength, while valuation is mixed with a high dividend yield but negative P/E ratio. The earnings call and corporate events provide some positive outlooks, but operational challenges remain.

Clipper Realty Business Overview & Revenue Model

Company Description

Clipper Realty Inc. is a real estate investment trust (REIT) primarily focused on acquiring, owning, and managing multifamily properties in the New York metropolitan area. The company targets value-add opportunities in the residential real estate sector, particularly in urban neighborhoods, and aims to enhance property values through strategic renovations and improved management. Clipper Realty's portfolio includes a mix of rental apartments and residential units, catering to diverse tenant demographics and providing quality living spaces.

How the Company Makes Money

Clipper Realty generates revenue primarily through rental income from its multifamily properties. The company leases residential apartments to tenants, collecting monthly rent payments that contribute significantly to its overall earnings. Additionally, Clipper Realty may also earn revenue from ancillary services related to property management and leasing activities. The company's revenue model benefits from its strategic focus on value-add properties, allowing it to increase rental rates and occupancy levels through targeted renovations and enhancements. Partnerships with local contractors and service providers can also play a role in optimizing property management efficiency and tenant satisfaction, further supporting its revenue generation.

Clipper Realty Financial Statement Overview

Summary

Clipper Realty's financial performance is mixed. While revenue and operating cash flows are trending positively, the company faces profitability challenges with sustained net losses and high leverage. The negative equity position is a significant concern, indicating financial instability.

Income Statement

Clipper Realty's revenue demonstrates a positive growth trend, with a notable increase in the TTM period compared to the previous year. However, the net income remains negative, impacting overall profitability. The gross profit margin is strong, indicating efficient cost management, yet the net profit margin is negative due to persistent losses. The EBITDA margin suggests solid operational efficiency, although EBIT margin has declined in the TTM period.

Balance Sheet

The company's balance sheet shows high leverage, with a concerning negative stockholders' equity indicating financial instability. The debt-to-equity ratio is not calculable due to negative equity, underscoring the risk associated with high debt levels. The equity ratio is negative, reflecting the company's reliance on debt financing.

Cash Flow

Operating cash flow has shown consistent growth, indicating improved cash generation capabilities. The positive free cash flow in the TTM period is a positive sign, although the free cash flow growth rate is modest. The operating cash flow to net income ratio is strong, highlighting the company's ability to generate cash relative to its net income losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	154.10M	148.78M	138.21M	129.75M	122.73M	122.85M
Gross Profit	97.11M	84.84M	75.64M	67.88M	63.28M	64.66M
EBITDA	38.84M	70.42M	58.24M	55.37M	52.71M	54.54M
Net Income	-14.69M	-2.50M	-5.90M	-5.73M	-8.24M	-4.91M
Balance Sheet
Total Assets	1.24B	1.29B	1.25B	1.23B	1.23B	1.21B
Cash, Cash Equivalents and Short-Term Investments	32.03M	19.90M	22.16M	18.15M	34.52M	72.06M
Total Debt	1.27B	1.27B	1.21B	1.16B	1.13B	1.08B
Total Liabilities	1.30B	1.30B	1.24B	1.19B	1.16B	1.10B
Stockholders Equity	-21.94M	-5.41M	2.74M	14.09M	26.51M	39.46M
Cash Flow
Free Cash Flow	31.86M	31.86M	26.18M	-25.31M	-24.71M	-15.82M
Operating Cash Flow	31.86M	31.86M	26.18M	20.14M	10.82M	15.99M
Investing Cash Flow	-8.76M	-68.78M	-41.36M	-51.48M	-77.94M	-31.71M
Financing Cash Flow	995.00K	38.75M	20.73M	9.78M	30.31M	47.82M

Clipper Realty Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CLPR, the sentiment is Positive. The current price of 4.03 is above the 20-day moving average (MA) of 3.70, above the 50-day MA of 3.72, and above the 200-day MA of 4.00, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 61.03 is Neutral, neither overbought nor oversold. The STOCH value of 62.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CLPR.

Clipper Realty Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	C$2.01B	5.92	-0.84%	5.17%	1.83%	-19.11%
CSR	57 Neutral	$1.00B	―	-3.35%	5.38%	-0.63%	-123.59%
NXRT	56 Neutral	$819.54M	866.19	-11.85%	6.20%	-6.02%	-156.44%
CLPR	52 Neutral	$63.62M	―	46.22%	9.29%	7.69%	-251.59%
SUNS	52 Neutral	$141.05M	9.96	8.62%	11.43%	―	―
BRT	48 Neutral	$287.89M	―	-4.52%	6.50%	2.16%	11.18%

Clipper Realty Corporate Events

Clipper Realty Stockholders Approve Key Proposals at Meeting

On June 18, 2025, Clipper Realty Inc. held its 2024 Annual Meeting of Stockholders where all proposals were approved. These included the election of seven directors, the ratification of PKF O’Connor Davies, LLP as the independent accounting firm for 2025, and the approval of the 2025 Omnibus Incentive Plan and Non-Employee Director Plan. The approval of these proposals signifies a strong endorsement from the stockholders, potentially impacting the company’s governance and strategic direction positively.

Clipper Realty Completes Mortgage Repayment to Flagstar Bank

On May 30, 2025, Clipper Realty Inc.’s subsidiary, 10 West 65 Owner LLC, completed the repayment of a $31.2 million mortgage note to Flagstar Bank, associated with the acquisition of a property in New York. The repayment included $0.8 million in accrued interest, and the bank released $1.1 million in escrow and reserves to the company, with no prepayment penalties incurred. This transaction reflects Clipper Realty’s strategic financial management and may impact its financial positioning by reducing liabilities and potentially enhancing cash flow.