| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | 1 | — | — | — | — | — | — | — | 3 | 2 |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2026 | 0.29 |
—
—
—
|
| 2025 | 0.38 |
—
—
—
—
|
| 2024 | 0.38 |
—
—
—
—
|
| 2023 | 0.38 |
—
—
—
—
|
| 2022 | 0.38 |
—
—
—
—
|
| 2021 | 0.38 |
—
—
—
—
|
| 2020 | 0.38 |
—
—
—
—
|
| 2019 | 0.48 |
—
—
—
—
—
|
| 2018 | 0.38 |
—
—
—
—
|
| 2017 | 0.37 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 36.23 | 38.05 | 58.15 | 62.58 |
| Receivables | 5.18 | 6.37 | 8.68 | 5.64 |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 41.41 | 44.42 | 66.83 | 68.22 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 20.99 | 18.73 | 18.09 | 25.26 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 1,226.62 | 1,285.07 | 1,295.61 | 1,305.30 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 38.12 | 38.58 | — | — |
—
|
| ’25 | 39.40 | 39.04 | 37.70 | 37.07 |
153.20
|
| ’24 | 35.76 | 37.35 | 37.62 | 38.05 |
148.78
|
| ’23 | 33.67 | 34.54 | 35.13 | 34.87 |
138.21
|
| ’22 | 32.05 | 31.89 | 32.80 | 33.01 |
129.75
|
| ’21 | 30.65 | 30.67 | 30.63 | 30.78 |
122.73
|
| ’20 | 31.32 | 31.16 | 30.04 | 30.34 |
122.85
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 3.57 | 14.43 | — | — |
—
|
| ’25 | 6.68 | 8.37 | 1.42 | 6.11 |
22.57
|
| ’24 | 6.25 | 8.79 | 6.29 | 10.53 |
31.86
|
| ’23 | 7.42 | 9.80 | (0.09) | 9.06 |
26.19
|
| ’22 | 6.59 | 5.10 | 3.48 | 4.98 |
20.14
|
| ’21 | 7.44 | 1.57 | 4.48 | (2.67) |
10.82
|
| ’20 | 9.05 | (3.97) | 5.16 | 5.74 |
15.99
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1.64 | 11.39 | — | — |
—
|
| ’25 | (3.00) | 36.11 | (3.67) | 5.32 |
34.76
|
| ’24 | (15.99) | (11.01) | (8.75) | (1.16) |
(36.92)
|
| ’23 | (5.07) | 3.38 | (8.96) | (4.52) |
(15.17)
|
| ’22 | (7.30) | (5.87) | (7.64) | (4.50) |
(25.31)
|
| ’21 | (0.31) | (3.44) | (3.56) | (17.39) |
(24.71)
|
| ’20 | 1.95 | (10.49) | (6.10) | (1.18) |
(15.82)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.30) | (0.19) | — | — |
—
|
| ’25 | (0.86) | (0.07) | (0.14) | (0.30) |
(1.38)
|
| ’24 | (0.09) | (0.06) | (0.05) | (0.05) |
(0.25)
|
| ’23 | (0.19) | (0.10) | (0.07) | (0.09) |
(0.45)
|
| ’22 | (0.09) | (0.08) | (0.08) | (0.10) |
(0.36)
|
| ’21 | (0.18) | (0.09) | (0.09) | (0.16) |
(0.51)
|
| ’20 | (0.02) | (0.13) | (0.09) | (0.10) |
(0.31)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 6.08 | 4.40 | 3.38 | 3.31 | — | — | — |
Low Price
|
| — | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.41 | 7.25 | 7.12 | 5.16 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 147 | 148 | 171 | 161 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.88 | 0.93 | 0.87 | 0.95 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 129.75 | 138.21 | 148.78 | 153.20 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 52.32% | 54.73% | 57.03% | 55.37% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (12.57) | (15.56) | (6.58) | (52.33) | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (9.69%) | (11.26%) | (4.42%) | (34.16%) | ‡‡‡ | ‡‡‡ | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (12.57) | (15.56) | (6.58) | (52.33) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28.68 | 31.11 | 32.50 | 34.55 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.08 | 8.60 | 9.23 | 9.49 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.36) | (0.45) | (0.25) | (1.38) | — | — | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.25 | 1.63 | 1.98 | 1.40 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.83) | (2.57) | (4.27) | 0.75 | ‡‡‡ | ‡‡‡ | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.58) | (0.94) | (2.29) | 2.15 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.31 | 0.45 | (0.88) | (5.00) | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.06 | 16.06 | 16.12 | 16.15 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.83 | 0.62 | 0.50 | 0.40 | ‡‡‡ | ‡‡‡ | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.91 | 11.90 | 0.00 | 0.00 | ‡‡‡ | ‡‡‡ | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 9.55 | 9.03 | 8.29 | 7.84 | ‡‡‡‡ | ‡‡‡‡ | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (48.97) | (82.25) | (33.42) | 34.57 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 20.14 | 26.19 | 31.86 | 22.57 | ‡‡‡ | ‡‡‡ | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (45.45) | (41.36) | (68.78) | 12.19 | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (25.31) | (15.17) | (36.92) | 34.76 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,143.01) | (1,185.21) | (1,240.65) | (1,228.78) | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,162.00 | — | — | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,131.33 | (36.22) | (38.05) | (58.15) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 37.18 | 7.24 | (14.23) | (80.75) | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.47%) | (0.58%) | (0.31%) | (1.76%) | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.48% | 0.00% | 0.00% | 0.00% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (10.70%) | (32.37%) | 113.68% | 46.78% | — | — | — |
ROE
|
Clipper Realty Inc. (CLPR), a NYC-focused REIT specializing in rent-stabilized multifamily properties, demonstrates resilient revenue growth—up 60% to $149 million from 2016 to 2024 (7% CAGR)—driven by steady occupancy and rent optimizations despite urban headwinds like COVID moratoriums and rent regulations. Gross margins improved to 57%, with operating cash flow per share rising 21% to $1.98 in 2024. However, heavy capex ($69 million, or -$4.27/share) has crushed free cash flow to -$37 million, while persistent losses narrowed EBT to -$6.6 million and turned shareholder equity negative at -$14 million.
The balance sheet strains under $1.16 billion debt (net debt now negative due to cash), fueling a 75%+ stock plunge from 2017 peaks to recent lows around $3.40—trading at a depressed 0.5x PS ratio, 110% below unanimous analyst targets. Insider confidence shines through recent buys totaling $249k by CEO and a director, signaling alignment amid balance sheet tweaks.
Analysts project modest revenue acceleration to $159 million by 2026, with breakeven EBT potential if Fed cuts ease debt costs and capex unlocks value in 5,500+ prime units. For value hunters, CLPR offers high-upside income potential in Gotham’s renter market, but demands caution on regulatory risks and FCF inflection—read the full analysis for quantitative models and probabilities.
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