Clipper Realty Inc.

CLPR Real Estate Reit Residential

Clipper Realty Inc.’s revenue for fiscal 2025 (year ended December 2025) was $153.2 million, up 2.98% from fiscal 2024. In the quarter to June 2026, revenue fell 1.18%, EPS fell 126.2% and free cash flow fell 68.5%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three; insiders bought in the last twelve months.

3.15 0.04 −1.25%
Market cap
$51.6M
P/E
0.0×
Fwd P/E
−20.3×
Dividend yield
12.1%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 1.78
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — 1 — — — — — — — 3 4 —
Sell — — — — — — — — — — — —
Insider Ownership 15.52%

Capital & Financial Ratios $m

Market Cap 51.55
Revenue 151.46
Net Income (33.28)
Free Cash Flow 14.69
Net Debt (62.57)
Current Ratio 0.05
Debt/Equity 0.00
P/E ratio 0.00
Fwd P/E (20.30) (negative: loss-making)
P/S ratio 0.34
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth 0.91%
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 3.62%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 0.38
Annual Dividend Yield 12.06%
total individual payouts
2026 0.29
0.10
0.10
0.10
2025 0.38
0.10
0.10
0.10
0.10
2024 0.38
0.10
0.10
0.10
0.10
2023 0.38
0.10
0.10
0.10
0.10
2022 0.38
0.10
0.10
0.10
0.10
2021 0.38
0.10
0.10
0.10
0.10
2020 0.38
0.10
0.10
0.10
0.10
2019 0.48
0.10
0.10
0.10
0.10
0.10
2018 0.38
0.10
0.10
0.10
0.10
2017 0.37
0.09
0.10
0.10
0.10
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 36 38 58 63
Receivables 5 6 9 6
Inventory — — — —
Other — — — —
41 44 67 68
2023 2024 2025 Q'26
Payables 21 19 18 25
ST’ Debt — — — —
Other — — — —
1,227 1,285 1,296 1,305

Compound Annual Growth %

10y 5y 3y
Sales 6.12% 4.51% 5.70%
Cash Flow 9.11% 7.14% 3.87%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 38 39 — — —
’25 39 39 38 37 153
’24 36 37 38 38 149
’23 34 35 35 35 138
’22 32 32 33 33 130
’21 31 31 31 31 123
’20 31 31 30 30 123
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 4 14 — — —
’25 7 8 1 6 23
’24 6 9 6 11 32
’23 7 10 0 9 26
’22 7 5 3 5 20
’21 7 2 4 (3) 11
’20 9 (4) 5 6 16
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 2 11 — — —
’25 (3) 36 (4) 5 35
’24 (16) (11) (9) (1) (37)
’23 (5) 3 (9) (5) (15)
’22 (7) (6) (8) (5) (25)
’21 0 (3) (4) (17) (25)
’20 2 (10) (6) (1) (16)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.30) (0.19) — — —
’25 (0.86) (0.08) (0.14) (0.30) (1.38)
’24 (0.09) (0.11) (0.07) (0.07) (0.41)
’23 (0.19) (0.10) (0.07) (0.18) (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)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — 9.43 7.62 8.50 4.32 6.77 6.08 4.40 3.38 3.31

Analyst estimates 2026–2028

Powerpack
High — 15.00 14.38 13.87 11.95 10.24 10.41 7.25 7.12 5.16
People
People Employees 180 177 203 198 156 144 147 148 171 161
Revenue/emp, $m 0.52 0.59 0.54 0.59 0.79 0.85 0.88 0.93 0.87 0.95
Income, $m
Income, $m Revenue 93 104 110 116 123 123 130 138 149 153
Gross margin, % 53.57 54.10 54.94 53.64 52.63 51.56 52.32 54.73 57.03 55.37
EBT (12) (6) (9) (4) (12) (20) (13) (16) (7) (52)
EBT margin, % (13.27) (5.77) (8.18) (3.55) (9.95) (16.31) (9.69) (11.26) (4.42) (34.16)
Net income (12) (6) (9) (4) (12) (20) (13) (16) (7) (52)
Depreciation 20 19 18 21 25 27 29 31 32 35
Per share, $
Per share, $ Revenue 8.14 6.11 6.18 6.52 6.97 7.64 8.08 8.60 9.23 9.49
Earnings (0.34) (0.15) (0.22) (0.11) (0.31) (0.51) (0.36) (0.45) (0.41) (1.38)
Cash flow 0.82 0.77 1.26 1.33 0.91 0.67 1.25 1.63 1.98 1.40
Capex (1.59) (1.19) (2.24) (2.46) (1.80) (2.21) (2.83) (2.57) (4.27) 0.75
Free cash flow (0.77) (0.42) (0.98) (1.12) (0.90) (1.54) (1.58) (0.94) (2.29) 2.15
Book value 11.05 10.90 9.07 7.96 5.91 4.35 2.31 0.45 (0.88) (5.00)
Shares, m 11 17 18 18 18 16 16 16 16 16
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S 5.48 1.64 2.12 1.63 1.01 1.30 0.83 0.62 0.50 0.40
P/B 4.04 0.92 1.44 1.33 1.19 2.28 2.91 11.90 0.00 0.00
EV/Sales 4.96 1.43 1.70 1.14 0.29 0.88 0.60 0.36 0.24 0.02
EV/FCF (126.67) (20.60) (10.67) (6.59) (2.23) (4.35) (3.07) (3.29) (0.97) 0.10
Cash, $m
Cash, $m Operating cash flow 9 13 22 24 16 11 20 26 32 23
Capex (18) (20) (40) (44) (32) (36) (45) (41) (69) 12
Free cash flow (9) (7) (18) (20) (16) (25) (25) (15) (37) 35
Balance, $m
Balance, $m Working capital (710) (824) (877) (950) (995) (1,088) (1,143) (1,185) (1,241) (1,229)
Total debt 761 849 917 1,000 1,079 1,131 1,162 — — —
Net debt (49) (22) (46) (57) (89) (52) (31) (36) (38) (58)
Shareholders’ equity 126 186 161 142 104 70 37 7 (14) (81)
Returns, %
Returns, % ROA (0.42) (0.27) (0.36) (0.18) (0.45) (0.67) (0.47) (0.58) (0.31) (1.76)
ROIC 20.79 11.25 17.55 24.67 133.20 85.19 265.20 0.00 0.00 0.00
ROE (2.75) (1.66) (2.25) (1.31) (4.38) (9.47) (10.70) (32.37) 113.68 46.78
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Clipper Realty Inc. vs peers in Reit Residential (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MRP Millrose Properties, Inc. $3.4B 7.8× 9.3× +32.11% (above 0%: growing) +11.76% (above 0%: growing) +61.32% (above 0%: growing) 84.81% 85.16% Compare
UMH UMH Properties, Inc. $1.3B 127× 111× +7.50% (above 0%: growing) +66.67% (above 0%: growing) −8.46% (below 0%: shrinking) 55.24% 18.78% Compare
CSR Centerspace $989.4M 43.4× — (loss-making) −4.04% (below 0%: shrinking) n/m +133.15% (above 0%: growing) 86.14% 13.35% Compare
NXRT NexPoint Residential Trust, Inc. $476.4M — (loss-making) — (loss-making) +2.31% (above 0%: growing) n/m +52.54% (above 0%: growing) 61.87% 10.92% Compare
BRT BRT Apartments Corp. $256.3M — (loss-making) — (loss-making) +1.14% (above 0%: growing) n/m −32.50% (below 0%: shrinking) 100.00% 11.65% Compare
AIV Apartment Investment and Management Company $244.0M 0.4× — (loss-making) −271.99% (below 0%: shrinking) n/m +226.39% (above 0%: growing) 396.41% 6,653.82% Compare
ELME Elme Communities $155.5M — (loss-making) — (loss-making) +1.72% (above 0%: growing) n/m −17.20% (below 0%: shrinking) 57.49% (183.33%) Compare
BHM Bluerock Homes Trust, Inc. $92.6M — (loss-making) — +15.03% (above 0%: growing) n/m +51.15% (above 0%: growing) 100.00% (28.96%) Compare
CLPR Clipper Realty Inc. $51.6M — (loss-making) — (loss-making) −1.18% (below 0%: shrinking) n/m −68.45% (below 0%: shrinking) 56.71% 24.34%
Median of peers $366.4M 25.6× — +2.02% — +51.85% 85.48% 12.50%

All 19 Reit Residential stocks →

Clipper Realty Inc. (CLPR) key facts

  • Strength: Clipper Realty Inc.’s revenue for fiscal 2025 (year ended December 2025) was $153.2 million, up 2.98% from fiscal 2024.
  • Clipper Realty Inc. (CLPR) is a Reit Residential company in the Real Estate sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, CLPR traded at $3.15, a market capitalization of $51.6 million.
  • Clipper Realty Inc. pays an annual dividend of $0.38 per share, a yield of 12.1%.
  • Return on equity was 46.8% and debt-to-equity 0.00.
  • Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Clipper Realty Inc. (CLPR) Latest News

15 May

stockrow.com/CLPR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com