Clipper Realty (NYSE:CLPR) Releases Earnings Results, Misses Estimates By $0.41 EPS

Clipper Realty (NYSE:CLPR) released its quarterly earnings data on Thursday. The company reported ($0.30) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.41), Zacks reports. The company had revenue of $37.07 million during the quarter, compared to the consensus estimate of $38.10 million.

Here are the key takeaways from Clipper Realty’s conference call:

• Residential rentals are at record highs and the stabilized portfolio is ~99% leased, with fourth-quarter new leases roughly 13% above prior rents and portfolio rent collections around 98%.
• The ground-up Prospect Park development at 953 Dean Street was delivered on time and on budget, is ~78% leased in initial lease-up with market rents near $85/sq ft, though it currently reduces AFFO until fully stabilized.
• The termination of the New York City lease at 250 Livingston Street significantly hurt results—management ceased payments, is seeking reimbursements, and is pursuing debt restructuring but warns it may not fund ongoing expenses, driving material revenue/NOI/AFFO declines.
• Financials show revenues of $37.1M, NOI of $20.7M and AFFO down to $1.7M from $8.1M a year ago; the company reports $30.8M unrestricted cash, $27.3M restricted cash, 89% fixed-rate debt at a 3.87% average, and maintained the quarterly dividend at $0.095/share.

Clipper Realty Stock Down 7.4%

CLPR opened at $3.12 on Friday. The stock has a market capitalization of $50.39 million, a price-to-earnings ratio of -2.28 and a beta of 0.98. The firm has a 50 day moving average price of $3.54 and a 200-day moving average price of $3.79. Clipper Realty has a twelve month low of $3.08 and a twelve month high of $4.74.

Clipper Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 12.2%. The ex-dividend date of this dividend is Thursday, March 12th. Clipper Realty’s payout ratio is presently -33.93%.

Insider Buying and Selling

In related news, Director Sam Levinson bought 19,558 shares of the business’s stock in a transaction on Tuesday, December 30th. The stock was acquired at an average price of $3.70 per share, with a total value of $72,364.60. Following the transaction, the director owned 79,410 shares in the company, valued at approximately $293,817. This trade represents a 32.68% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have purchased 58,263 shares of company stock valued at $216,184. Insiders own 53.01% of the company’s stock.

Hedge Funds Weigh In On Clipper Realty

A number of institutional investors and hedge funds have recently modified their holdings of CLPR. Virtu Financial LLC bought a new stake in shares of Clipper Realty in the fourth quarter worth $42,000. Russell Investments Group Ltd. boosted its position in Clipper Realty by 161.4% in the third quarter. Russell Investments Group Ltd. now owns 12,673 shares of the company’s stock worth $48,000 after purchasing an additional 7,824 shares during the last quarter. Abel Hall LLC bought a new stake in shares of Clipper Realty during the 3rd quarter valued at about $52,000. Wells Fargo & Company MN increased its position in shares of Clipper Realty by 48.0% during the 4th quarter. Wells Fargo & Company MN now owns 15,485 shares of the company’s stock valued at $59,000 after purchasing an additional 5,023 shares during the last quarter. Finally, Deutsche Bank AG bought a new position in shares of Clipper Realty in the 4th quarter worth approximately $63,000. 37.57% of the stock is currently owned by hedge funds and other institutional investors.

Clipper Realty News Summary

Here are the key news stories impacting Clipper Realty this week:

• Positive Sentiment: Analyst write-up says CLPR remains a buy on depressed valuation, supported by solid residential fundamentals (new leases up 13%), Prospect House lease-up driving revenue into mid‑2026, nonrecourse property-level debt that limits portfolio-level downside, and no near‑term maturities providing balance sheet flexibility. Clipper Realty: Cheap Even With Office And Political Overhangs
• Positive Sentiment: Board declared a quarterly dividend of $0.095 per share (annualized yield ~11.7%); record/ex‑dividend on March 12 and payable March 19 — a high yield that supports income‑oriented holders and can underpin the share price despite near‑term volatility.
• Positive Sentiment: Company reported continued residential rent growth and portfolio optimization, highlighting a 13% increase in new leases — evidence of improving operations in its core rental business. Clipper Realty outlines ongoing residential rent growth
• Neutral Sentiment: Full Q4 2025 earnings call transcript is available for detail on guidance, lease-up timing, expense drivers and management commentary — useful for investors who want to parse the drivers behind the misses and the recovery plan. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Operational profitability measure missed: Q4 FFO was $0.04 vs. Zacks consensus $0.11, down from $0.19 a year ago — a clear near‑term cash‑flow weakness that pressures valuation and investor confidence. Clipper Realty Inc. (CLPR) Misses Q4 FFO and Revenue Estimates
• Negative Sentiment: GAAP results missed expectations: reported a ($0.30) EPS vs. consensus $0.11 and revenue $37.07M vs. $38.10M consensus — the earnings/revenue misses are the primary driver of today’s selloff and elevated trading volume. Clipper Realty Inc. Announces Fourth Quarter 2025 Results

Clipper Realty Company Profile

Clipper Realty Inc is a publicly traded real estate investment trust that acquires, owns and manages multifamily residential and mixed‐use properties in the Greater New York metropolitan area. Since its initial public offering in early 2017, the company has focused on strategically sourcing apartment buildings and retail space in Manhattan and Brooklyn, with an emphasis on value‐add opportunities that can benefit from in‐house leasing, renovation and operational efficiencies.

The company’s primary activities include property acquisition, selective repositioning and asset management.