Clipper Realty Inc. Common Stock (CLPR)

FairStock Score: 32/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett-and-Graham-style investor, I start with business quality and price. Clipper Realty owns New York multifamily and commercial property, a tangible asset base, but the financials are unforgiving. Revenue rose from $138.2M in fiscal year 2023 to $148.8M in fiscal year 2024 to $153.2M in fiscal year 2025, so the top line has grown. Yet net income was -$15.6M in fiscal year 2023, -$6.6M in fiscal year 2024, and -$52.3M in fiscal year 2025; in fiscal Q2 2026, the quarter ended 2026-06-30, it lost $6.3M on $38.6M of revenue and reported diluted EPS of -$0.19. For a REIT, EPS and P/E are distorted by depreciation, and FFO/AFFO—the right REIT measures—are not in my data. I would lean on dividend yield, leverage, revenue trend, and price-to-book, but P/B and D/E are unavailable here. The FairStock price-based metrics offer little comfort: P/E -3.33 as of the 2026-10-13 close, EV/EBITDA 21.43, Altman Z-Score -0.02, ROCE 1.75%. A trailing FCF yield of 50.5% and Piotroski F-Score of 6/9 suggest some cash generation and modest accounting progress, but persistent losses and a negative Altman score warn of fragility. The 12.14% dividend yield looks attractive only if cash flow covers it; losses make that uncertain. The computed Peter Lynch category is none, because it has lost money in each of the last four years. At $3.13, the market is pricing doubt. Without FFO/AFFO, I cannot estimate intrinsic value, but the price looks speculative rather than clearly cheap. I see no clear valuation cushion in the data provided.

In plain English: Clipper Realty owns and manages apartment and commercial buildings in New York City. The company has been losing money in recent years, and it pays a very high dividend compared with its low share price. At $3.13, the shares look cheap on cash flow but risky because profits are negative and the balance sheet is not clearly strong.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer