Clipper Realty Inc

Real Estate US CLPR

3.2199USD
0.0099(0.31%)

Last update at 2026-03-11T17:58:00Z

Day Range

3.183.30
LowHigh

52 Week Range

3.257.01
LowHigh

Fundamentals

  • Previous Close 3.21
  • Market Cap205.61M
  • Volume42622
  • P/E Ratio-
  • Dividend Yield8.07%
  • EBITDA69.06M
  • Revenue TTM145.60M
  • Revenue Per Share TTM9.06
  • Gross Profit TTM 67.88M
  • Diluted EPS TTM-0.29

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -12.57100M -20.01800M -12.22900M -4.12300M -9.00100M
Minority interest -7.80700M -12.43100M 64.65M 84.55M 96.30M
Net income -5.51100M -49.20100M -46.00600M -38.72500M -3.63300M
Selling general administrative 12.75M 10.57M 9.73M 9.17M 9.87M
Selling and marketing expenses - - - - -
Gross profit 67.88M 63.28M 64.66M 62.31M 60.44M
Reconciled depreciation 26.74M 25.43M 23.15M 18.96M 16.77M
Ebit 27.64M 24.16M 32.14M 33.50M 35.72M
Ebitda 55.13M 52.71M 54.93M 53.15M 50.56M
Depreciation and amortization 27.49M 28.55M 22.79M 19.65M 14.85M
Non operating income net other - -3.03400M -4.22800M -2.43200M -
Operating income 27.64M 24.16M 32.14M 33.50M 32.46M
Other operating expenses 101.60M 95.78M 91.55M 82.67M 77.44M
Interest expense 40.21M 41.28M 40.23M 35.19M 32.78M
Tax provision - - - - -
Interest income - - - 35.19M 32.78M
Net interest income -40.20700M -41.28400M -40.22800M -35.18700M -32.78100M
Extraordinary items - - - - -
Non recurring - 2.73M - - -
Other items - - - - -
Income tax expense -7.06000M 29.18M 33.78M 34.60M -8.67800M
Total revenue 129.75M 122.73M 122.85M 116.17M 110.00M
Total operating expenses 39.74M 36.33M 33.36M 28.82M 27.88M
Cost of revenue 61.87M 59.45M 58.19M 53.85M 49.56M
Total other income expense net -40.20700M -44.17900M -44.37100M -37.61900M -8.77900M
Discontinued operations - - - - -
Net income from continuing ops -12.57100M -20.15700M -12.22900M -4.12300M -9.00100M
Net income applicable to common shares -4.76400M -7.58700M -5.38400M -1.98400M -3.90200M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1249.33M 1229.63M 1233.66M 1207.87M 1166.21M
Intangible assets 5.78M 6.28M 6.78M 7.37M 8.43M
Earning assets - - - - -
Other current assets 24.92M 13.65M 15.64M 11.16M 14.50M
Total liab 1242.10M 1192.45M 1163.71M 1103.75M 1024.42M
Total stockholder equity 2.74M 14.09M 26.51M 39.46M 57.23M
Deferred long term liab - - 7.13M 7.72M -
Other current liab -30.45700M -1144.49400M -1111.59600M 11.72M 13.03M
Common stock 0.16M 0.16M 0.16M 0.16M 0.18M
Capital stock 0.16M 0.16M 0.16M 0.16M 0.18M
Retained earnings -86.89900M -74.89500M -61.73600M -48.04500M -36.37500M
Other liab - 13.75M 13.00M 12.46M 13.49M
Good will - - - - -
Other assets 2.36M 1199.85M 1181.75M 1121.09M 30.66M
Cash 22.16M 18.15M 34.52M 72.06M 42.50M
Cash and equivalents - - - - -
Total current liabilities 20.99M 17.09M 19.56M 11.72M 13.03M
Current deferred revenue -20.99400M - - - -
Net debt 1183.46M 1143.44M 1096.63M 1007.40M 955.40M
Short term debt 30.46M 1161.59M 1131.15M 1079.46M 7.57M
Short long term debt - - - - -
Short long term debt total 1205.62M 1161.59M 1131.15M 1079.46M 997.90M
Other stockholder equity 89.48M 88.83M 88.09M 87.35M 93.43M
Property plant equipment - 1171.11M 1145.75M 1090.50M 1080.53M
Total current assets 52.26M 49.33M 78.12M 107.19M 75.62M
Long term investments - - - - -
Net tangible assets - 14.09M 26.51M 31.74M 48.45M
Short term investments - - 1303.75M - -
Net receivables 5.18M 5.00M 10.26M 7.00M 4.19M
Long term debt 1205.62M 1161.59M 1131.15M 1079.46M 997.90M
Inventory - 12.51M 17.70M 16.97M 14.43M
Accounts payable 20.99M 17.09M 19.56M 11.72M 13.03M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 23.09M 43.44M 64.65M 84.55M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 7.24M - - - -
Additional paid in capital - - - - -
Common stock total equity - 0.16M 0.16M 0.16M 0.18M
Preferred stock total equity - - - - -
Retained earnings total equity - -74.89500M -61.73600M -48.04500M -36.37500M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.35M 1174.03M 1148.75M 1093.30M 1082.15M
Deferred long term asset charges - - - - -
Non current assets total 1194.71M 1180.31M 1155.53M 1100.67M 1090.59M
Capital lease obligations 0.00000M - - - 1.62M
Long term debt total - 1161.59M 1131.15M 1079.46M 997.90M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -51.47600M -77.94400M -31.71400M -74.90300M 0.36M
Change to liabilities 1.20M 3.86M -1.60200M 3.03M 0.50M
Total cashflows from investing activities -51.47600M -77.94400M -31.71400M -74.90300M -39.29500M
Net borrowings 26.85M 47.07M 80.29M 79.29M 58.17M
Total cash from financing activities 9.78M 30.31M 47.82M 62.20M 41.13M
Change to operating activities 0.59M -2.10800M 3.77M 0.12M -0.40200M
Net income -12.57100M -20.01800M -12.22900M -4.12300M -9.00100M
Change in cash -21.55800M -36.80800M 32.10M 5.47M 29.09M
Begin period cash flow 52.22M 89.03M 56.93M 37.03M 7.94M
End period cash flow 30.67M 52.22M 89.03M 42.50M 37.03M
Total cash from operating activities 20.14M 10.82M 15.99M 23.77M 27.26M
Issuance of capital stock - - - - 0.00000M
Depreciation 26.74M 25.43M 22.76M 17.78M 14.85M
Other cashflows from investing activities -6.02600M -42.41300M 0.10M -31.12900M 0.23M
Dividends paid -17.07300M -16.75800M -17.24300M -17.08900M 17.04M
Change to inventory - - - - -
Change to account receivables -0.31000M -5.10800M -5.35800M -0.60700M 2.99M
Sale purchase of stock - -1751.44400M -10.00200M - 685.67M
Other cashflows from financing activities 29.04M 144.50M -5.22000M 221.93M -12.33200M
Change to netincome 2.68M 7.50M -0.85000M 3.94M 10.60M
Capital expenditures 45.45M 35.53M 31.81M 74.90M 39.88M
Change receivables -0.31000M -5.10800M -5.35800M -0.60700M 2.99M
Cash flows other operating 1.14M -2.08600M 1.50M 2.06M 4.99M
Exchange rate changes - - - - -
Cash and cash equivalents changes -21.55800M -36.80800M 32.10M 11.07M 29.09M
Change in working capital 1.51M -3.76000M -3.18700M 2.10M 6.97M
Stock based compensation 2.92M 2.61M 1.80M 1.51M 1.94M
Other non cash items 1.54M 1.67M 0.07M 4.07M 3.84M
Free cash flow 20.14M 10.82M 15.99M 23.77M -12.62100M

Peer Comparison

Sector: Real Estate Industry: REIT - Residential

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CLPR
Clipper Realty Inc
0.0099 0.31% 3.22 - - 1.41 215.52 9.03 19.14
AVB
AvalonBay Communities Inc
-2.2725 1.30% 172.18 31.01 41.84 11.03 2.71 13.98 19.11
EQR
Equity Residential
-1.56 2.54% 59.92 35.33 38.31 8.20 2.12 10.94 13.97
INVH
Invitation Homes Inc
-0.525 2.04% 25.23 42.22 44.44 8.97 2.05 12.04 19.45
SUI
Sun Communities Inc
-0.285 0.21% 136.37 73.72 58.48 5.47 2.11 7.63 19.90

Reports Covered

Stock Research & News

Profile

Clipper Realty Inc. (the "Company" or "we") 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 current portfolio in Manhattan and Brooklyn. Our primary focus is to own, manage and operate our portfolio and to acquire and reposition additional multifamily residential and commercial properties in the New York metropolitan area. The Company has been organized and operates in conformity with the requirements for qualification and taxation as a real estate investment trust ("REIT") under the U.S. federal income tax law and elected to be treated as a REIT commencing with the taxable year ended December 31, 2015.

Clipper Realty Inc

4611 12th Avenue, Brooklyn, NY, United States, 11219-2514

Key Executives

Name Title Year Born
Mr. David Bistricer Co-Chairman & CEO 1950
Mr. Jacob Joseph Bistricer Chief Operating Officer 1981
Mr. Jacob Schwimmer Chief Property Management Officer 1971
Mr. Lawrence E. Kreider Jr. CFO & Sec. 1948
Mr. Lawrence E. Kreider Jr. CFO & Secretary 1948

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