Clipper Realty Inc. 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 portfolio in Manhattan and Brooklyn.
Company profile
Ticker
CLPR
Exchange
Website
CEO
David Bistricer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
10 West 65 Owner LLC • 50 Murray Mezz LLC • 50 Murray Mezz One LLC • 50 Murray Mezz Two LLC • 50 Murray Street Acquisition LLC • 50/53 JV LLC • 141 Livingston Owner LLC • 250 Livingston Owner LLC • 1010 Pacific Owner LLC • Dean Owner LLC ...
CLPR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Clipper Realty Inc. Announces Third Quarter 2022 Results
9 Nov 22
8-K
Changes in Registrant's Certifying Accountant
4 Oct 22
8-K
Clipper Realty Inc. Announces Second Quarter 2022 Results
10 Aug 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
S-8
Registration of securities for employees
24 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
15 Jun 22
8-K
Clipper Realty Inc. Announces First Quarter 2022 Results
10 May 22
10-Q
2022 Q1
Quarterly report
10 May 22
DEFA14A
Additional proxy soliciting materials
2 May 22
Transcripts
CLPR
Earnings call transcript
2022 Q3
11 Nov 22
CLPR
Earnings call transcript
2022 Q2
10 Aug 22
CLPR
Earnings call transcript
2022 Q1
10 May 22
CLPR
Earnings call transcript
2021 Q4
16 Mar 22
CLPR
Earnings call transcript
2021 Q3
10 Nov 21
CLPR
Earnings call transcript
2021 Q2
10 Aug 21
CLPR
Earnings call transcript
2021 Q1
11 May 21
CLPR
Earnings call transcript
2020 Q4
17 Mar 21
CLPR
Earnings call transcript
2020 Q3
9 Nov 20
CLPR
Earnings call transcript
2020 Q2
11 Aug 20
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 35.49 mm | 35.49 mm | 35.49 mm | 35.49 mm | 35.49 mm | 35.49 mm |
| Cash burn (monthly) | 2.83 mm | 4.40 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 11.93 mm | 18.56 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 23.56 mm | 16.94 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 8.3 | 3.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
31.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 53 |
| Opened positions | 4 |
| Closed positions | 8 |
| Increased positions | 19 |
| Reduced positions | 18 |
| 13F shares | Current |
|---|---|
| Total value | 65.86 mm |
| Total shares | 5.06 mm |
| Total puts | 29.50 k |
| Total calls | 0.00 |
| Total put/call ratio | Infinity |
| Largest owners | Shares | Value |
|---|---|---|
| FMR | 1.10 mm | $7.63 mm |
| BLK Blackrock | 829.05 k | $5.78 mm |
| Vanguard | 708.29 k | $4.94 mm |
| AFG American Financial | 372.04 k | $2.59 mm |
| State of New Jersey Common Pension Fund D | 287.50 k | $2.00 mm |
| AFSIP Amtrust Financial Services | 231.95 k | $1.62 mm |
| Geode Capital Management | 224.18 k | $1.56 mm |
| Renaissance Technologies | 149.16 k | $1.04 mm |
| LPL Financial | 135.81 k | $947.00 k |
| Dimensional Fund Advisors | 131.67 k | $918.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Jun 22 | Levinson Sam | Long Term Incentive Plan Units Common Stock | Grant | Acquire A | No | No | 0 | 82,500 | 0.00 | 720,465 |
| 15 Jun 22 | Bistricer David | Long Term Incentive Plan Units Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 668,635 |
| 15 Jun 22 | Bistricer Jacob | Long Term Incentive Plan Units Common Stock | Grant | Acquire A | No | No | 0 | 150,000 | 0.00 | 808,129 |
| 15 Jun 22 | Schwimmer Jacob | Long Term Incentive Plan Units Common Stock | Grant | Acquire A | No | No | 0 | 82,500 | 0.00 | 473,144 |
| 15 Jun 22 | Lawrence E Kreider | Long Term Incentive Plan Units Common Stock | Grant | Acquire A | No | No | 0 | 7,500 | 0.00 | 139,434 |
| 27 Apr 22 | Levinson Sam | Long Term Incentive Plan Units Common Stock | Grant | Acquire A | No | No | 0 | 192,500 | 0.00 | 637,965 |
| 27 Apr 22 | Bistricer David | Long Term Incentive Plan Units Common Stock | Grant | Acquire A | No | No | 0 | 70,000 | 0.00 | 638,665 |
| 27 Apr 22 | Bistricer Jacob | Long Term Incentive Plan Units Common Stock | Grant | Acquire A | No | No | 0 | 350,000 | 0.00 | 658,129 |
| 27 Apr 22 | Schwimmer Jacob | Long Term Incentive Plan Units Common Stock | Grant | Acquire A | No | No | 0 | 192,500 | 0.00 | 390,644 |
| 27 Apr 22 | Lawrence E Kreider | Long Term Incentive Plan Units Common Stock | Grant | Acquire A | No | No | 0 | 17,500 | 0.00 | 131,934 |
News
These 3 REITs Are Diving To New 12-Month Lows
30 Dec 22
JMP Securities Maintains Market Outperform Rating for Clipper Realty: Here's What You Need To Know
28 Dec 22
Goldman Sachs To $492? Here Are 10 Other Price Target Changes For Wednesday
28 Dec 22
JMP Securities Maintains Market Outperform on Clipper Realty, Lowers Price Target to $12
28 Dec 22
Clipper Realty Q3 FFO $0.12 Up From $0.10 YoY, Sales $32.80M Up From $30.63M YoY
9 Nov 22