Wall Street brokerages expect CLIPPER Rlty In/SH 144A (NYSE:CLPR) to report earnings per share (EPS) of $0.13 for the current quarter, according to Zacks. Two analysts have made estimates for CLIPPER Rlty In/SH 144A’s earnings, with estimates ranging from $0.12 to $0.13. CLIPPER Rlty In/SH 144A reported earnings of $0.10 per share during the same quarter last year, which would suggest a positive year over year growth rate of 30%. The firm is scheduled to announce its next earnings results on Thursday, March 14th.

On average, analysts expect that CLIPPER Rlty In/SH 144A will report full year earnings of $0.45 per share for the current fiscal year, with EPS estimates ranging from $0.44 to $0.46. For the next financial year, analysts expect that the firm will report earnings of $0.56 per share, with EPS estimates ranging from $0.53 to $0.59. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that follow CLIPPER Rlty In/SH 144A.

A number of brokerages have commented on CLPR. Zacks Investment Research downgraded shares of CLIPPER Rlty In/SH 144A from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 10th. ValuEngine raised shares of CLIPPER Rlty In/SH 144A from a “hold” rating to a “buy” rating in a research report on Friday, October 19th.

Several large investors have recently made changes to their positions in the business. Northern Trust Corp increased its position in shares of CLIPPER Rlty In/SH 144A by 3.3% in the 2nd quarter. Northern Trust Corp now owns 162,332 shares of the company’s stock valued at $1,386,000 after purchasing an additional 5,233 shares during the last quarter. BlackRock Inc. increased its stake in CLIPPER Rlty In/SH 144A by 1.0% in the 2nd quarter. BlackRock Inc. now owns 736,240 shares of the company’s stock worth $6,287,000 after buying an additional 7,330 shares in the last quarter. State of New Jersey Common Pension Fund D increased its stake in CLIPPER Rlty In/SH 144A by 5.9% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 160,500 shares of the company’s stock worth $2,172,000 after buying an additional 9,000 shares in the last quarter. Bank of New York Mellon Corp increased its stake in CLIPPER Rlty In/SH 144A by 12.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 83,468 shares of the company’s stock worth $1,129,000 after buying an additional 9,258 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in CLIPPER Rlty In/SH 144A by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 646,633 shares of the company’s stock worth $8,749,000 after buying an additional 11,348 shares in the last quarter. 57.90% of the stock is currently owned by institutional investors.

Shares of NYSE:CLPR traded up $0.09 during trading hours on Friday, reaching $12.39. The stock had a trading volume of 25,600 shares, compared to its average volume of 45,281. CLIPPER Rlty In/SH 144A has a 1 year low of $7.62 and a 1 year high of $14.38. The company has a market cap of $219.10 million, a PE ratio of 32.50 and a beta of 0.73.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 20th. Shareholders of record on Wednesday, November 14th were given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend was Tuesday, November 13th. CLIPPER Rlty In/SH 144A’s dividend payout ratio is presently 100.00%.

About CLIPPER Rlty In/SH 144A

Clipper Realty Inc (NYSE: CLPR) 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.

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Earnings History and Estimates for CLIPPER Rlty In/SH 144A (NYSE:CLPR)

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