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.
NYC Real Estate Maze | Clipper Realty navigates the complex New York property market, balancing strong multifamily demand against office sector challenges and tenant uncertainties. |
Flatbush Gardens Boost | Explore how a regulatory agreement for Flatbush Gardens could inject $8 million in annual NOI, potentially offsetting losses from office properties. |
Office Space Dilemma | Delve into the risks posed by major tenant departures, with two properties accounting for nearly 30% of annual NOI facing uncertain futures. |
Value Beneath the Surface | Learn why CLPR trades at a 57% discount to its estimated NAV of $9 per share, reflecting both challenges and potential opportunities for investors. |
Metrics to compare | CLPR | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipCLPRPeersSector | |
---|---|---|---|---|
P/E Ratio | −4.3x | −61.5x | 9.0x | |
PEG Ratio | 0.02 | 1.32 | 0.01 | |
Price/Book | −8.6x | 1.4x | 0.9x | |
Price / LTM Sales | 1.2x | 7.1x | 4.0x | |
Upside (Analyst Target) | - | 15.3% | 11.7% | |
Fair Value Upside | Unlock | −9.7% | −0.4% | Unlock |