Clipper Realty Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $53.0M
- Price
- $3.28
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.55%
- Volume
- 43.5K
About
Clipper Realty Inc. 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.
Quick stats
Shares outstanding16.2M
Computed float11.0M
Float / shares68.1%
Key info
SectorReal Estate
IndustryREIT - Residential
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001649096
AI Summary
AI-generated1/11
standardmixedearnings
Clipper Realty Inc. Announces Second Quarter 2026 Results
Clipper Realty reported Q2 2026 revenue of $38.6 million, down slightly from $39.0 million in the prior year, while net loss widened to $6.3 million driven by the termination of the NYC lease at 250 Livingston Street.
Residential operations remained strong with revenue increasing to $32.2 million, supported by record leasing rates and full occupancy at the new Prospect House property.
AFFO fell 54% year-over-year to $3.8 million due to the office lease termination, though the company maintained its quarterly dividend of $0.095 per share.
Red flags
- Net loss widened to $6.3 million from $1.4 million year-over-year
- AFFO decreased 54% to $3.8 million from $8.3 million year-over-year
- Consent and Cooperation Agreement allows lender to foreclose on 250 Livingston Street property
- Company ceased making interest and tax escrow payments on 250 Livingston Street loan in November 2025