Clipper Realty Inc. (CLPR) AI Stock Analysis

NYSE: CLPRAI research summary: business, growth, valuation, analysts, bull and bear case.

CLPR AI stock analysis summary

AI Research

Clipper Realty Inc. (CLPR) is a self-administered real estate investment firm managing multifamily residential and commercial properties in Manhattan and Brooklyn. The company produced $151.5M in trailing twelve months revenue, but it faces persistent profitability challenges with a FY2025 net loss of -$19.9M. Its capital structure remains heavily leveraged, carrying $1.28B in total debt against negative shareholders' equity of -$40.1M.

Market cap
$133.8M
Revenue (TTM)
$151.5M
P/E
—
1Y return
-12.0%
S&P 500 16.8%
Avg. target
$7.50
138.1% vs last close

Bull case

  • Free cash flow remained positive at $22.6M in FY2025 despite bottom-line GAAP losses.
  • The stock offers an annual forward dividend yield of 12.06% backed by 10 consecutive years of distributions.
  • The mean analyst price target of $7.50 represents a 138.1% premium to the closing price of $3.15.

Bear case

  • Total debt of $1.28B significantly exceeds cash reserves of $37.7M, resulting in net debt of $1.24B.
  • The company reported negative shareholders' equity of -$40.1M and a trailing return on equity of -399.9%.
  • Net losses widened to -$19.9M in FY2025, leading to an annual EPS of -$0.77.

What Clipper Realty does

Clipper Realty Inc. (NYSE: CLPR) operates as a fully self-administered and self-managed real estate firm specializing in the acquisition, ownership, management, operation, and enhancement of multifamily residential and commercial properties across the New York metropolitan area. Focused primarily on Manhattan and Brooklyn, the company aims to optimize property performance through strategic repositioning and operational excellence. Its portfolio comprises a diverse mix of assets ranging from luxury residential buildings to commercial spaces. Clipper Realty leverages local market expertise and industry relationships to identify opportunities, maintain high-quality living and working environments for tenants, and sustain a competitive edge in New York City's dynamic real estate landscape.

Growth and profitability

Revenue increased from $122.7M in FY2021 to $129.7M in FY2022, $138.2M in FY2023, $148.8M in FY2024, and $153.2M in FY2025, representing a 5-year revenue CAGR of 4.5%. Gross margin reached 80.2% in FY2025, up from 51.6% in FY2021. However, operating margin fell from 27.2% in FY2024 to 2.7% in FY2025, contributing to an expanded net loss of -$19.9M and an EPS of -$0.77. Over the trailing twelve months, revenue totaled $151.5M, operating margin was 24.9%, and profit margin stood at -8.4%. In the latest quarter ended June 30, 2026, quarterly revenue fell 1.2% year-over-year.

CLPR income statement →

Balance sheet and cash flow

As of June 30, 2026, Clipper Realty held $37.7M in cash and short-term investments against total debt of $1.28B, resulting in net debt of $1.24B and shareholders' equity of -$40.1M. Total assets stood at $1.22B, supported by a current ratio of 2.88. In FY2025, operating cash flow and free cash flow both totaled $22.6M, declining from $31.9M in FY2024. The company paid $18.5M in dividends during FY2025, while its share count changed by 0.6% over 5 years.

CLPR balance sheet →

Valuation and performance

At a last close of $3.15, Clipper Realty has a market capitalization of $133.8M and an enterprise value of $1.30B. The stock trades at an EV to EBITDA multiple of 21.5x, compared to 14.7x for the median of its US-listed Real Estate peers. Its price-to-sales ratio of 0.9x sits below the peer median of 3.7x, while its EV-to-revenue ratio is 8.6x. Over the past year, CLPR dropped 12.0%, underperforming the S&P 500 (SPY) gain of 16.8%. Over five years, CLPR returned -42.3% versus 83.0% for the S&P 500.

CLPR key metrics →

CLPR dividend

Clipper Realty offers an annual forward dividend of $0.38 per share, yielding 12.06%. The dividend is paid on a quarterly schedule and has maintained 10 consecutive years of payments. The 5-year annualized dividend growth rate is 0.0%, with total FY2025 dividend distributions of $18.5M. Its most recent ex-dividend date was August 18, 2026.

CLPR dividend history →

What analysts expect

Consensus coverage includes 1 Sell rating, alongside 0 Strong Buy, Buy, Hold, or Strong Sell ratings. The mean price target is $7.50, which stands 138.1% above the last close of $3.15. Revenue estimates project $154.6M for the fiscal year ending December 31, 2026, and $158.3M for the next fiscal year, representing 2.4% growth. Clipper Realty beat EPS expectations in 1 of the last 4 quarters, with the next earnings date set for November 4, 2026.

CLPR forecast and price target →

Key risks and what to watch

  • A heavy debt load of $1.28B on an enterprise value of $1.30B exposes the firm to elevated leverage risks.
  • Annual dividend payments of $18.5M absorb the majority of the $22.6M generated in free cash flow.
  • Quarterly revenue growth contracted by 1.2% year-over-year in the quarter ended June 30, 2026.
  • The company has missed EPS expectations in 3 of the last 4 quarters.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this CLPR AI stock analysis

This page is an AI-written research summary of Clipper Realty Inc. (CLPR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: CLPR income statement, CLPR balance sheet, CLPR key metrics, CLPR analyst forecast, CLPR chart. See the CLPR stock overview for the latest quote and news.

CLPR AI stock analysis FAQ

What dividend does Clipper Realty pay?

Clipper Realty pays an annual forward dividend of $0.38 per share, which equals a dividend yield of 12.06%.

How much debt does Clipper Realty carry?

As of June 30, 2026, the company carried total debt of $1.28B and net debt of $1.24B, alongside -$40.1M in shareholders' equity.

What is the consensus analyst target for CLPR?

The mean analyst price target is $7.50 against 1 Sell rating, implying a 138.1% premium over its last close of $3.15.

When does Clipper Realty report earnings next?

Clipper Realty's next earnings date is scheduled for November 4, 2026.

What was Clipper Realty's revenue in FY2025?

Revenue in FY2025 was $153.2M, representing 3.0% growth over the $148.8M reported in FY2024.

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