Clipper Realty (CLPR) stock has dropped 5% to $3.99, a 21-cent decrease. Analysts forecast an average target price of $7.50, an 88.68% upside from the current price. The average brokerage recommendation is 4.0, indicating an "Underperform" status. GuruFocus estimates a GF Value of $5.96, a 49.94% upside from the current price. The company reported record revenue and residential rents for Q1 2025, but property operating expenses increased by $1.5 million year-over-year.
Clipper Realty Inc. (CLPR) stock experienced a significant decline, dropping 5% to $3.99 on June 7, 2025, marking a 21-cent decrease from its previous closing price. This downward trend follows a series of negative signals and a recent earnings report that highlighted increased operating expenses.
Analysts are forecasting an average target price of $7.50 for CLPR, indicating an 88.68% upside from the current price. Despite this optimistic projection, the average brokerage recommendation remains at 4.0, indicating an "Underperform" status. Additionally, GuruFocus estimates a GF Value of $5.96, representing a 49.94% upside from the current price [1].
The company reported record revenue and residential rents for Q1 2025, but property operating expenses increased by $1.5 million year-over-year. This increase in expenses could be a contributing factor to the stock's recent decline. Furthermore, CLPR's stock has been experiencing a wide and falling trend in the short term, with the stock expected to fall -3.46% over the next three months, according to technical analysis [2].
Despite the negative signals, some analysts remain optimistic about CLPR's long-term prospects, citing its high dividend yield and potential for future growth. However, the current market conditions and increased operating expenses pose significant challenges.
References:
[1] https://stockinvest.us/stock/CLPR
[2] https://simplywall.st/stocks/us/real-estate/nyse-clpr/clipper-realty
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