**Company Description: Clipper Realty Inc.**
Clipper Realty Inc. is a self-administered and self-managed real estate investment trust that acquires, owns, manages, and operates multifamily residential and commercial properties in the New York metropolitan area. The company focuses on property repositioning and management within a geographically concentrated portfolio centered on Manhattan and Brooklyn.
The company generates revenue from rental income across its multifamily residential and commercial property holdings. As a self-managed REIT, Clipper handles both asset management and operational functions internally rather than outsourcing to third-party managers, maintaining direct control over property operations and capital allocation decisions.
Clipper operates with a lean organizational structure of 171 full-time employees and maintains a market capitalization of approximately $100 million. The company is incorporated in Maryland and listed on the New York Stock Exchange under the ticker CLPR, with headquarters located in Brooklyn, New York. Its regional focus on the New York metropolitan area, particularly Manhattan and Brooklyn, represents both a concentration of market expertise and geographic risk concentration within the company's business model.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | — | $-1.38 | -452.0% | |
| 2024 | — | $-0.25 | +44.4% | |
| 2023 | — | $-0.45 | -25.0% | |
| 2022 | — | $-0.36 | — | |
| 2021 | — | — | — | |
| 2020 | $-0.08 | — | — | |
| 2019 | — | — | — | |
| 2018 | $-0.04 | $-632.00 | — | |
| 2017 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-26 | 0001437749-26-005856 | SEC ↗ |
| 2024-12-31 | 2025-02-14 | 0001437749-25-003988 | SEC ↗ |
| 2023-12-31 | 2024-03-14 | 0001437749-24-007842 | SEC ↗ |
| 2022-12-31 | 2023-03-16 | 0001437749-23-006886 | SEC ↗ |
| 2021-12-31 | 2022-03-15 | 0001437749-22-006301 | SEC ↗ |
| 2020-12-31 | 2021-03-16 | 0001437749-21-006192 | SEC ↗ |
| 2019-12-31 | 2020-03-12 | 0001437749-20-004934 | SEC ↗ |
| 2018-12-31 | 2019-03-07 | 0001437749-19-004331 | SEC ↗ |
| 2017-12-31 | 2018-03-14 | 0001437749-18-004608 | SEC ↗ |
| 2016-12-31 | 2017-03-31 | 0001437749-17-005646 | SEC ↗ |