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Clipper Realty is the cheapest multi-family REIT among a group of 21 peers. The last time Clipper Realty was this cheap was during the COVID sell-off when its future was much less certain.
NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced that it will release financial results for the quarter ended March 31, 2023, after the market closes on Thursday, May 4, 2023. The Company will host a conference call that same day at 5:00 PM (ET) to discuss the financial results and provide a business update.
Clipper Realty, Inc. (NYSE:CLPR ) Q4 2022 Earnings Conference Call March 16, 2023 5:00 PM ET Company Participants Lawrence Kreider - CFO & Secretary David Bistricer - Co-Chairman & CEO Jacob Bistricer - COO Conference Call Participants Operator Good day, ladies and gentlemen, and welcome to the Clipper Realty Fourth Quarter 2022 Earnings Call. [Operator Instructions].
NEW YORK--( BUSINESS WIRE )--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced that it will release financial results for the quarter ended December 31, 2022, after the market closes on Thursday, March 16, 2023. The Company will host a conference call that same day at 5:00 PM (ET) to discuss the financial results and provide a business update.
CLPR is a unique REIT with targeted exposure to New York City multi-family and office real estate. The completion of its newest development at 1010 Pacific Street will drive topline growth in 2023 and help strengthen financial metrics.
Clipper shares have fallen 23% year-to-date and shares now yield over 4%. Clipper year-to-date results have lagged other multifamily REITs despite sharp increases in rental rates in NYC.
Clipper Realty, Inc. (NYSE:CLPR ) Q3 2022 Earnings Conference Call November 11, 2022 5:00 PM ET Company Participants Lawrence Kreider - CFO & Secretary David Bistricer - Co-Chairman & Chief Executive Officer Jacob Bistricer - Chief Operating Officer Conference Call Participants Craig Kucera - B. Riley Securities Operator Good afternoon, ladies and gentlemen, and welcome to the Clipper Realty Third Quarter 2022 Earnings Call.
Clipper Realty Inc. (CLPR) delivered FFO and revenue surprises of -14.29% and 0.86%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced that it will release financial results for the quarter ended September 30, 2022, after the market closes on Wednesday, November 9, 2022.
We are in a bear market and valuations are finally getting compelling. REITs are especially attractive because they offer resilience against inflation, recession, interest rate hike.