Clipper Realty Inc (CLPR) Stock AnalysisCLPRClipper Realty Inc

Clipper Realty Inc. is a self-administered and self-managed real estate company. The Company acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. The Company operates through two segments: Residential Rental Properties and Commercial Rental Properties. The Commercial Rental Properties segment includes the 141 Livingston Street property and portions of the 250 Livingston Street, Tribeca House, Dean Street and Aspen properties. The Residential Rental Properties segment includes the Flatbush Gardens property, the Clover House property, the 1010 Pacific Street property and portions of the 250 Livingston Street, Tribeca House, Dean Street and Aspen properties. The Company consists of over 10 properties totaling approximately 3.4 million rentable square feet. It operates in the Real Estate sector (REAL ESTATE INVESTMENT TRUSTS industry).

Clipper Realty Inc. is not a strong buy at the current price of 3.15. The RSI is at 44.01, indicating a lack of momentum, and the stock has a negative forward P/E ratio of 0, suggesting uncertainty in future earnings. Additionally, the stock has seen a significant decline of 24.82% over the past year, which raises concerns about its stability.

3 analysts cover CLPR: 3 rate it Buy, 0 Hold and 0 Sell.