Clipper Realty Inc
CLPRReal Estate·REIT - Residential·USA·Micro·NYSE·Nov 11 • 10:24 AM ET
Price
CLPR against its 20, 50 and 200-day averages17.6% under the 52-week high of 3.92 on 9 Jan 2026. 52-week low 2.69 on 30 Jun 2026. Last 15 sessions, 15.9% high to low
Profile
CLPRClipper Realty, Inc. engages in acquiring, owning, managing, operating, and repositioning real estate properties. It operates through the following business segments: Commercial and Residential. The Commercial segment includes the 141 Livingston Street and portions of the 250 Livingston Street, Tribeca House, Dean Street, and Aspen properties. The Residential segment consists of the Flatbush Gardens, Clover House, 10 West 65th Street, 1010 Pacific Street property, and portions of the 250 Livingston Street, Tribeca House, Dean Street, and Aspen properties. The company was founded by Shmuel David Levinson and David Bistricer in 2002 and is headquartered in Brooklyn, NY.
| Employees | 161 |
|---|---|
| IPO | Feb 10, 2017 |
| Beta | 0.97 |
| ATR, 14d | 0.14 |
| Rel volume | 0.02 |
| Short float | 0.52% |
| Insider own | 15.53% |
| Inst own | 24.09% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 52.18M |
| Enterprise Value | 1.21B |
| Income | -15.72M |
| Sales | 154.24M |
| Book/sh | -2.71 |
| Cash/sh | 3.32 |
| Dividend Est. | - |
| Dividend TTM | 0.38 (11.76%) |
| Dividend Ex-Date | Nov 17, 2026 |
| Dividend Gr. 3/5Y | 0.00% 0.00% |
| Payout | - |
| Employees | 161 |
| IPO | Feb 10, 2017 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 0.34 |
| P/B | - |
| P/C | 0.97 |
| P/FCF | 3.61 |
| EV/EBITDA | 17.62 |
| EV/Sales | 7.83 |
| Quick Ratio | 1.54 |
| Current Ratio | 1.54 |
| Debt/Eq | - |
| LT Debt/Eq | - |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -0.97 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | -56.82% -35.13% |
| Sales past 3/5Y | 5.70% 4.51% |
| EPS Y/Y TTM | 13.37% |
| Sales Y/Y TTM | 0.04% |
| EPS Q/Q | -24.45% |
| Sales Q/Q | 7.39% |
| Earnings | Nov 04 AMC |
| EPS/Sales Surpr. | - 4.61% |
Ownership
| Insider Own | 15.53% |
|---|---|
| Insider Trans | 23.93% |
| Inst Own | 24.09% |
| Inst Trans | -17.54% |
| ROA | -1.28% |
| ROE | - |
| ROIC | -1.27% |
| Gross Margin | 34.04% |
| Oper. Margin | 23.08% |
| Profit Margin | -10.19% |
| SMA20 | 0.91% |
| SMA50 | -0.27% |
| SMA200 | 2.03% |
| Trades | - |
Technical
| Shs Outstand | 16.16M |
|---|---|
| Shs Float | 13.65M |
| Short Float | 0.52% |
| Short Ratio | 1.35 |
| Short Interest | 0.07M |
| 52W High | 3.92 -17.60% |
| 52W Low | 2.69 20.00% |
| Volatility | 5.73% 4.28% |
| ATR (14) | 0.14 |
| RSI (14) | 50.63 |
| Beta | 0.97 |
| Rel Volume | 0.02 |
| Avg Volume | 52.10K |
| Volume | 274 |
Performance
| Perf Week | -3.00% |
|---|---|
| Perf Month | 3.19% |
| Perf Quarter | -1.52% |
| Perf Half Y | 7.31% |
| Perf YTD | -15.45% |
| Perf Year | -14.55% |
| Perf 3Y | -34.75% |
| Perf 5Y | -64.81% |
| Perf 10Y | - |
| Recom | 2.00 |
| Target Price | 7.00 |
| Prev Close | 3.20 |
| Price | 3.23 |
| Change % | 0.94% |
Analyst ratings
latest 3 of 3| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Apr 15, 2024 | Downgrade | RRaymond James | Outperform → Underperform | ||
| Apr 11, 2024 | Downgrade | JJMP Securities | Mkt Outperform → Mkt Perform | ||
| Sep 13, 2021 | Downgrade | RRaymond James | Outperform → Mkt Perform |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| AIV | Apartment Investment & Management Co | 223.66M |
| BRT | BRT Apartments Corp | 237.20M |
| NXRT | NexPoint Residential Trust Inc | 394.80M |
| CSR | Centerspace | 998.04M |
| BHM | Bluerock Homes Trust Inc | 88.11M |
| NEN | New England Realty Associates LP | 123.26M |
| VMRK | Vivmark Residential | 50.14B |
| ALX | Alexander's Inc | 1.27B |
| VNO | Vornado Realty Trust | 7.17B |
Insider trading
latest 14 of 21| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Bistricer Jacob | Chief Operating Officer | Sep 28 '26 | Buy | 3.35 | 73,500 | 246,225 | 73,500 | Sep 30 05:51 PM |
| Levinson Sam | Director | Sep 23 '26 | Buy | 3.38 | 13,606 | 45,947 | 401,704 | Sep 25 04:07 PM |
| Levinson Sam | Director | Sep 24 '26 | Buy | 3.38 | 9,317 | 31,487 | 411,021 | Sep 25 04:07 PM |
| Levinson Sam | Director | Sep 14 '26 | Buy | 3.28 | 4,769 | 15,640 | 383,783 | Sep 16 04:45 PM |
| Levinson Sam | Director | Sep 15 '26 | Buy | 3.30 | 4,315 | 14,240 | 388,098 | Sep 16 04:45 PM |
| Levinson Sam | Director | Sep 09 '26 | Buy | 3.31 | 110,710 | 365,941 | 379,014 | Sep 10 05:03 PM |
| Levinson Sam | Director | Sep 08 '26 | Buy | 3.24 | 6,842 | 22,190 | 268,304 | Sep 10 05:03 PM |
| Levinson Sam | Director | Sep 02 '26 | Buy | 3.25 | 5,387 | 17,487 | 261,462 | Sep 02 06:04 PM |
| Levinson Sam | Director | Aug 31 '26 | Buy | 3.25 | 1,742 | 5,660 | 255,141 | Sep 02 06:04 PM |
| Levinson Sam | Director | Sep 01 '26 | Buy | 3.20 | 934 | 2,986 | 256,075 | Sep 02 06:04 PM |
| Levinson Sam | Director | Aug 18 '26 | Buy | 3.15 | 86,983 | 273,866 | 241,747 | Aug 20 05:50 PM |
| Levinson Sam | Director | Aug 19 '26 | Buy | 3.14 | 9,260 | 29,095 | 251,007 | Aug 20 05:50 PM |
| Levinson Sam | Director | Aug 20 '26 | Buy | 3.19 | 2,392 | 7,630 | 253,399 | Aug 20 05:50 PM |
| Levinson Sam | Director | Aug 13 '26 | Buy | 3.21 | 81,647 | 262,291 | 150,819 | Aug 14 05:46 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| RIET | Hoya Capital High Dividend Yield ETF | AUM: 96.74M |
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 687.42B |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| DFAR | DFA Real Estate Securities Portfolio ETF Class Shares | - |
| IWC | iShares Micro-Cap ETF | AUM: 1.22B |
| DFGR | Dimensional Global Real Estate ETF | - |
News
latest 14 of 206- Clipper Realty Beats On Record Revenue And A Third Straight AFFO Gain, But Cooling Leasing Spreads And 2027 Refinancing Put The Dividend In Focus (Earnings Whispers)
- Clipper Realty Inc. Announces Third Quarter 2026 Results (Business Wire)
- Clipper Realty's Record Rents Meet A Thin Bottom Line As 250 Livingston Nears Auction (Earnings Whispers)
- Clipper Realty Inc. to Report Third Quarter 2026 Financial Results (Business Wire)
- Clipper Realty Inc. Announces Second Quarter 2026 Results (Business Wire)
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- Clipper Realty Inc. to Report Second Quarter 2026 Financial Results (Business Wire)
- Clipper Realty Inc (CLPR) Q1 2026 Earnings Call Highlights: Navigating Revenue Challenges Amid ... (GuruFocus.com) +5.82% -5.83%
- Clipper Realty Inc. Announces First Quarter 2026 Results (Business Wire)
- Clipper Realty Inc. to Report First Quarter 2026 Financial Results (Business Wire)
- Clipper Realty Inc (CLPR) Q4 2025 Earnings Call Highlights: Navigating Lease Terminations and ... (GuruFocus.com)
- Clipper Realty Inc. Announces Tax Information For 2025 Distributions (Business Wire)
- Clipper Realty Q4 Earnings Call Highlights (MarketBeat) -8.61%
- Clipper Realty Inc. (CLPR) Misses Q4 FFO and Revenue Estimates (Zacks)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-04 | -0.180 | - | -0.180 | 40.48 | 38.70 | - |
| 2026Q2 | 2026-08-06 | -0.190 | - | -0.188 | 38.58 | 39.00 | - |
| 2026Q1 | 2026-05-14 | -0.300 | - | -0.304 | 38.12 | 39.60 | - |
| 2025Q4 | 2026-02-26 | -0.300 | - | -0.301 | 37.07 | 38.10 | - |
| 2025Q3 | 2025-11-13 | -0.140 | - | -0.144 | 37.70 | 37.90 | - |
| 2025Q2 | 2025-08-07 | -0.070 | - | -0.068 | 39.04 | 39.10 | - |
| 2025Q1 | 2025-05-12 | -0.860 | - | -0.863 | 39.40 | 40.40 | - |
| 2024Q4 | 2025-02-14 | -0.050 | - | -0.049 | 38.05 | - | - |
| 2024Q3 | 2024-10-31 | -0.050 | - | -0.049 | 37.62 | 38.00 | - |
| 2024Q2 | 2024-08-01 | -0.060 | - | -0.064 | 37.35 | 37.30 | - |
| 2024Q1 | 2024-05-07 | -0.090 | - | -0.086 | 35.76 | 36.00 | - |
| 2023Q4 | 2024-03-14 | -0.090 | - | -0.067 | 34.87 | 37.28 | - |
| 2023Q3 | 2023-11-02 | -0.070 | 0.040 | -0.075 | 35.13 | 36.72 | 1 |
| 2023Q2 | 2023-08-03 | -0.100 | -0.050 | -0.098 | 34.54 | 35.16 | 2 |
| 2023Q1 | 2023-05-04 | -0.190 | - | -0.187 | 33.67 | 35.37 | 1 |
| 2022Q4 | 2023-03-16 | -0.100 | -0.050 | -0.097 | 33.01 | 34.12 | 2 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2016FY | -0.340 | - | -0.340 | 93.01 | 70.61 |
| 2017FY | -0.150 | - | -0.152 | 103.95 | 103.35 |
| 2018FY | -0.220 | -0.060 | -0.219 | 110 | 110.17 |
| 2019FY | -0.060 | - | -0.111 | 116.17 | 116.7 |
| 2020FY | -0.230 | - | -0.305 | 122.85 | - |
| 2021FY | -0.442 | -0.400 | -0.513 | 122.73 | 123.48 |
| 2022FY | -0.360 | -0.270 | -0.357 | 129.75 | 130.83 |
| 2023FY | -0.450 | - | -0.448 | 138.21 | 140.5 |
| 2024FY | -0.250 | - | -0.247 | 148.78 | - |
| 2025FY | -1.380 | - | -1.380 | 153.2 | 154.2 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | S | 2026-11-05 | 1 | 0 | 0 | 39.10 | 39.10 | 39.10 |
| 2026Q4 | S | 2026-11-04 | 1 | 0 | 0 | 39.10 | 39.10 | 39.10 |
| 2026Q4 | S | 2026-10-28 | 1 | 0 | 0 | 39.10 | 39.10 | 39.10 |
| 2026Q4 | S | 2026-08-14 | 1 | 0 | 1 | 39.10 | 39.10 | 39.10 |
| 2026Q4 | S | 2026-08-09 | 1 | 0 | 0 | 39.80 | 39.80 | 39.80 |
| 2026Q4 | S | 2026-08-07 | 1 | 0 | 1 | 39.80 | 39.80 | 39.80 |
| 2026Q4 | S | 2026-05-26 | 1 | 0 | 1 | 39.80 | 39.80 | 39.80 |
| 2026Q4 | S | 2026-05-15 | 1 | 0 | 0 | 40.70 | 40.70 | 40.70 |
| 2026Q4 | S | 2026-04-08 | 1 | 0 | 0 | 40.70 | 40.70 | 40.70 |
| 2026Q4 | S | 2026-03-15 | 1 | 0 | 0 | 40.40 | 40.40 | 40.40 |
| 2026Q4 | S | 2026-02-27 | 1 | 1 | 0 | 40.40 | 40.40 | 40.40 |
| 2026Q4 | S | 2025-12-30 | 1 | 1 | 0 | 40.40 | 40.40 | 40.40 |
| 2026Q4 | S | 2025-12-03 | 1 | 0 | 0 | 37.40 | 37.40 | 37.40 |
| 2026Q4 | S | 2025-11-14 | 1 | 1 | 0 | 37.40 | 37.40 | 37.40 |
Estimate history
| EPS, annual | -0.152 | -0.219 | -0.111 | -0.305 | -0.513 | -0.357 | -0.448 | -0.247 | -1.376 | -0.9733 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| EPS, quarterly | -0.049 | -0.049 | -0.863 | -0.068 | -0.144 | -0.301 | -0.304 | -0.188 | -0.18 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
| Sales, annual | 103.952 | 109.997 | 116.165 | 122.85 | 122.729 | 129.746 | 138.205 | 148.775 | 153.202 | 154.24 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| Sales, quarterly | 37.622 | 38.047 | 39.398 | 39.036 | 37.698 | 37.07 | 38.115 | 38.575 | 40.484 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
| Shares, annual | 17.813 | 17.813 | 17.815 | 16.063 | 16.063 | 16.063 | 16.063 | 16.147 | 16.147 | 16.158 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ |
| Shares, quarterly | 16.077 | 16.147 | 16.147 | 16.147 | 16.147 | 16.147 | 16.158 | 16.158 | 16.158 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 154.24 | 153.20 | 148.78 | 138.21 | 129.75 | 122.73 | 122.85 | 116.17 | 110.00 |
| Total Expenses | 118.65 | 115.22 | 107.98 | 105.03 | 102.11 | 95.74 | 91.56 | 106.67 | 77.34 |
| Operating Income | 35.59 | 37.98 | 40.80 | 33.17 | 27.64 | 26.99 | 31.29 | 9.50 | 32.66 |
| Unusual Expense | 6.49 | 36.43 | 0.27 | 3.87 | 0.00 | 5.72 | 3.31 | 2.43 | 8.68 |
| Net Income Before Taxes | -34.59 | -52.34 | -6.58 | -15.56 | -12.57 | -20.02 | -12.23 | -4.12 | -9.00 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -37.16 | -54.65 | -8.06 | -16.85 | -13.54 | -20.67 | -12.71 | -4.44 | -9.27 |
| Net Income From Continuing Operations | -15.72 | -22.22 | -3.98 | -7.19 | -5.73 | -8.24 | -20.03 | -1.98 | -3.90 |
| Net Income | -15.72 | -22.22 | -3.98 | -7.19 | -5.73 | -8.24 | -20.03 | -1.98 | -3.90 |
| EPS (Recurring) | -0.69 | 0.20 | -0.23 | -0.28 | -0.36 | -0.26 | -0.17 | -0.02 | 0.12 |
| EPS (Basic, Before Extraordinaries) | -0.97 | -1.38 | -0.25 | -0.45 | -0.36 | -0.51 | -0.31 | -0.11 | -0.22 |
| EPS (Diluted) | -0.97 | -1.38 | -0.25 | -0.45 | -0.36 | -0.51 | -0.31 | -0.11 | -0.22 |
| Non-Operating Income (Expense) | 0.00 | -0.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other After Tax Adjustments | -2.57 | -2.32 | -1.48 | -1.29 | -0.97 | -0.65 | -0.48 | -0.32 | -0.27 |
| Stock Option Compensation Expense | 4.23 | 4.27 | 2.70 | 3.02 | 2.92 | 2.61 | 1.80 | 1.51 | 1.94 |
| Price To Sales Ratio | 0.33 | 0.40 | 0.50 | 0.63 | 0.79 | 1.30 | 1.01 | 1.63 | 2.12 |
| Gross Margin | 34.04 | 34.92 | 36.93 | 33.79 | 31.52 | 30.57 | 33.40 | 36.73 | 38.58 |
| Operating Margin | 23.08 | 24.79 | 27.42 | 24.00 | 21.30 | 21.99 | 25.47 | 8.17 | 29.69 |
| Net Margin | -10.19 | -14.50 | -2.67 | -5.20 | -4.42 | -6.71 | -16.30 | -1.71 | -3.55 |
| Shares Outstanding | 16.16 | 16.15 | 16.15 | 16.06 | 16.06 | 16.06 | 16.06 | 17.81 | 17.81 |
| Market Capitalization | 51.70 | 51.70 | 73.63 | 86.74 | 102.80 | 159.67 | 125.27 | 188.84 | 232.81 |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 40.48 | 38.58 | 38.12 | 37.07 | 37.70 | 39.04 | 39.40 | 38.05 |
| Total Expenses | 30.55 | 28.98 | 30.11 | 29.01 | 28.81 | 28.20 | 29.20 | 27.07 |
| Operating Income | 9.93 | 9.60 | 8.00 | 8.06 | 8.88 | 10.83 | 10.20 | 10.97 |
| Unusual Expense | 0.05 | 0.21 | 3.60 | 2.63 | 0.00 | 0.03 | 33.78 | 0.27 |
| Net Income Before Taxes | -5.91 | -6.26 | -11.14 | -11.27 | -4.61 | -1.36 | -35.10 | -1.09 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -6.57 | -6.92 | -11.82 | -11.85 | -5.19 | -1.94 | -35.68 | -1.46 |
| Net Income From Continuing Operations | -2.90 | -3.04 | -4.91 | -4.87 | -2.33 | -1.10 | -13.93 | -0.79 |
| Net Income | -2.90 | -3.04 | -4.91 | -4.87 | -2.33 | -1.10 | -13.93 | -0.79 |
| EPS (Recurring) | -0.18 | -0.18 | -0.15 | -0.19 | -0.14 | -0.07 | 0.60 | -0.04 |
| EPS (Basic, Before Extraordinaries) | -0.18 | -0.19 | -0.30 | -0.30 | -0.14 | -0.07 | -0.86 | -0.05 |
| EPS (Diluted) | -0.18 | -0.19 | -0.30 | -0.30 | -0.14 | -0.07 | -0.86 | -0.05 |
| Non-Operating Income (Expense) | 0.00 | 0.00 | 0.00 | 0.00 | -0.17 | -0.69 | 0.00 | 0.00 |
| Other After Tax Adjustments | -0.66 | -0.66 | -0.68 | -0.58 | -0.58 | -0.58 | -0.58 | -0.37 |
| Stock Option Compensation Expense | 1.09 | 1.09 | 1.09 | 0.97 | 1.08 | 1.08 | 1.14 | 0.71 |
| Price To Sales Ratio | 0.33 | 0.29 | 0.32 | 0.40 | 0.40 | 0.38 | 0.41 | 0.50 |
| Gross Margin | 35.34 | 35.91 | 31.77 | 33.01 | 33.40 | 37.51 | 35.60 | 38.76 |
| Operating Margin | 24.53 | 24.88 | 20.99 | 21.75 | 23.57 | 27.75 | 25.89 | 28.84 |
| Net Margin | -7.17 | -7.88 | -12.89 | -13.12 | -6.18 | -2.81 | -35.35 | -2.07 |
| Shares Outstanding | 16.16 | 16.16 | 16.16 | 16.15 | 16.15 | 16.15 | 16.15 | 16.15 |
| Market Capitalization | 51.70 | 43.95 | 48.76 | 61.68 | 61.36 | 59.26 | 62.00 | 73.63 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY | 2017FY |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 58.15 | 38.05 | 36.23 | 30.67 | 52.22 | 89.03 | 56.93 | 45.86 | 21.67 |
| Short Term Receivables | 8.68 | 6.37 | 5.18 | 5.00 | 10.26 | 7.00 | 4.19 | 3.58 | 6.57 |
| Investments | 1,148.95 | 1,228.53 | 1,188.58 | 1,171.11 | 1,145.75 | 1,090.50 | 1,080.53 | 1,025.76 | 997.07 |
| Investment in Unconsolidated Affiliates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 18.54 | 14.02 | 19.34 | 23.20 | 25.42 | 21.33 | 24.55 | 25.80 | 26.77 |
| Total Assets | 1,234.32 | 1,286.96 | 1,249.33 | 1,229.63 | 1,233.66 | 1,207.87 | 1,166.21 | 1,101.01 | 1,052.09 |
| Total Debt | 1,277.52 | 1,266.34 | 1,205.62 | 1,161.61 | 1,131.21 | 1,079.62 | 999.53 | 916.49 | 849.02 |
| Long Term Debt | 1,272.24 | 1,241.08 | 1,175.17 | 1,122.63 | 1,098.99 | 1,055.46 | 974.83 | 913.52 | 432.54 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 37.55 | 34.85 | 36.47 | 30.85 | 32.50 | 24.14 | 24.90 | 23.04 | 17.47 |
| Total Liabilities | 1,315.07 | 1,301.19 | 1,242.10 | 1,192.45 | 1,163.71 | 1,103.75 | 1,024.42 | 939.52 | 866.49 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | -30.71 | -5.41 | 2.74 | 14.09 | 26.51 | 39.46 | 57.23 | 65.18 | 74.91 |
| Total Shareholders Equity | -30.71 | -5.41 | 2.74 | 14.09 | 26.51 | 39.46 | 57.23 | 65.18 | 74.91 |
| Accumulated Minority Interest | -50.05 | -8.82 | 4.49 | 23.09 | 43.44 | 64.65 | 84.55 | 96.30 | 110.68 |
| Total Equity | -80.75 | -14.23 | 7.24 | 37.18 | 69.95 | 104.11 | 141.78 | 161.49 | 185.59 |
| Total Liabilities & Stockholders Equity | 1,234.32 | 1,286.96 | 1,249.33 | 1,229.63 | 1,233.66 | 1,207.87 | 1,166.21 | 1,101.01 | 1,052.09 |
| Book Value Per Share | -1.90 | -0.33 | 0.17 | 0.88 | 1.65 | 2.46 | 3.21 | 3.66 | 4.21 |
| Tangible Book Value Per Share | -2.21 | -0.66 | -0.19 | 0.49 | 1.23 | 2.00 | 2.74 | 3.12 | 3.55 |
| Full-Time Employees | 161 | 171 | 148 | 147 | 144 | 156 | 198 | 203 | 177 |
| Price to Book Ratio | -1.18 | -20.55 | 16.77 | 6.17 | 6.02 | 2.87 | 3.30 | 3.57 | 2.32 |
| Return on Assets | -1.76 | -0.31 | -0.58 | -0.47 | -0.67 | -1.69 | -0.18 | -0.36 | -0.26 |
| Return on Equity | - | - | -85.39 | -28.23 | -24.98 | -41.43 | -3.24 | -5.57 | -4.57 |
| Return on Invested Capital | -1.79 | -0.32 | -0.61 | -0.50 | -0.73 | -1.83 | -0.19 | -0.40 | -0.51 |
| Quick Ratio | 2.03 | 0.84 | 0.69 | 1.42 | 1.06 | 2.24 | 1.35 | 2.23 | 0.07 |
| Current Ratio | 2.03 | 0.84 | 0.69 | 1.42 | 1.06 | 2.24 | 1.35 | 2.23 | 0.07 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Funds from Operations | 8.10 | 23.84 | 28.89 | 22.55 | 18.63 | 14.58 | 19.18 | 21.67 | 20.29 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 15.57 | -1.27 | 2.97 | 3.63 | 1.51 | -3.76 | -3.19 | 2.10 | 2.07 |
| Cash from Operating Activities | 23.68 | 22.57 | 31.86 | 26.18 | 20.14 | 10.82 | 15.99 | 23.77 | 22.36 |
| Capital Expenditures | -9.22 | -31.30 | -68.78 | -41.36 | -45.45 | -35.53 | -31.81 | -43.77 | -39.88 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 43.49 | 0.00 | 0.00 | -8.04 | -40.55 | 0.00 | -31.13 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | -8.04 | -40.55 | 0.00 | -31.13 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 43.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | -0.10 | 0.00 | 0.00 | 0.00 | -2.02 | -0.01 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 2.02 | 0.15 | 0.11 | 0.00 | 0.58 |
| Cash from Investing Activities | -9.22 | 12.09 | -68.78 | -41.36 | -51.48 | -77.94 | -31.71 | -118.68 | -39.30 |
| Cash Dividends Paid | -6.39 | -6.14 | -6.11 | -6.10 | -6.10 | -6.10 | -6.76 | -6.77 | -6.77 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -10.00 | 0.00 | -0.01 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -10.00 | 0.00 | -0.01 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | 5.79 | 10.88 | 56.33 | 47.79 | 27.19 | 54.33 | 80.29 | 83.82 | 70.50 |
| Change in Long Term Debt | 5.79 | 10.88 | 56.33 | 0.00 | 27.19 | 54.33 | 80.29 | 83.82 | 70.50 |
| Issuance of Long Term Debt | 87.50 | 254.94 | 58.33 | 0.00 | 29.38 | 151.76 | 329.92 | 226.46 | 685.66 |
| Reduction of Long Term Debt | -81.72 | -244.06 | -2.00 | 0.00 | -2.19 | -97.43 | -249.63 | -142.64 | -615.17 |
| Net Financing Active Other Cash Flow | -16.79 | -19.30 | -11.48 | -20.96 | -11.30 | -17.91 | -15.70 | -14.85 | -22.59 |
| Other Financing Activities Uses | - | - | - | 0.00 | - | - | -10.48 | -10.32 | -10.27 |
| Cash from Financing Activities | -17.39 | -14.56 | 38.75 | 20.73 | 9.78 | 30.31 | 47.82 | 62.20 | 41.13 |
| Net Change in Cash | -2.94 | 20.10 | 1.83 | 5.56 | -21.56 | -36.81 | 32.10 | 11.07 | 24.19 |
| Free Cash Flow | 14.46 | -8.73 | -36.92 | -15.17 | -25.31 | -24.71 | -15.82 | -20.00 | -17.52 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow | 6.31 | - | - | - | - | - | - | - | - |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 53.70 | 62.58 | 54.65 | 58.15 | 56.65 | 60.84 |
| Short Term Receivables | 7.82 | 5.64 | 7.60 | 8.68 | 7.55 | 7.84 |
| Investments | 1,132.98 | 1,138.23 | 1,143.41 | 1,148.95 | 1,154.15 | 1,157.46 |
| Investment in Unconsolidated Affiliates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 22.14 | 14.29 | 20.34 | 18.54 | 19.62 | 15.18 |
| Total Assets | 1,216.64 | 1,220.74 | 1,226.00 | 1,234.32 | 1,237.97 | 1,241.32 |
| Total Debt | 1,280.63 | 1,280.05 | 1,277.96 | 1,277.52 | 1,273.09 | 1,268.17 |
| Long Term Debt | 1,279.23 | 1,279.32 | 1,276.66 | 1,272.24 | 1,192.66 | 1,187.33 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 50.92 | 46.08 | 43.56 | 37.55 | 30.72 | 30.85 |
| Total Liabilities | 1,331.55 | 1,326.13 | 1,321.52 | 1,315.07 | 1,303.81 | 1,299.02 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | -43.71 | -40.09 | -36.34 | -30.71 | -25.03 | -21.94 |
| Total Shareholders Equity | -43.71 | -40.09 | -36.34 | -30.71 | -25.03 | -21.94 |
| Accumulated Minority Interest | -71.20 | -65.30 | -59.19 | -50.05 | -40.81 | -35.76 |
| Total Equity | -114.91 | -105.39 | -95.52 | -80.75 | -65.84 | -57.70 |
| Total Liabilities & Stockholders Equity | 1,216.64 | 1,220.74 | 1,226.00 | 1,234.32 | 1,237.97 | 1,241.32 |
| Book Value Per Share | -2.71 | -2.48 | -2.25 | -1.90 | -1.55 | -1.36 |
| Tangible Book Value Per Share | -2.99 | -2.78 | -2.55 | -2.21 | -1.87 | -1.68 |
| Full-Time Employees | - | - | - | 161 | - | - |
| Price to Book Ratio | -1.18 | -1.21 | -1.59 | -2.46 | -2.80 | -2.95 |
| Return on Assets | -1.28 | -1.23 | -1.06 | -1.76 | -1.44 | -1.32 |
| Return on Invested Capital | -0.24 | -0.25 | -0.40 | -0.39 | -0.20 | -0.09 |
| Quick Ratio | 1.54 | 1.90 | 1.86 | 2.03 | 0.62 | 0.65 |
| Current Ratio | 1.54 | 1.90 | 1.86 | 2.03 | 0.62 | 0.65 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Funds from Operations | 4.08 | 3.56 | -1.30 | 1.76 | 5.63 | 8.40 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -4.51 | 10.87 | 4.87 | 4.35 | -4.21 | -0.03 |
| Cash from Operating Activities | -0.43 | 14.43 | 3.57 | 6.11 | 1.42 | 8.37 |
| Capital Expenditures | -3.46 | -3.04 | -1.93 | -0.79 | -5.09 | -15.74 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 43.49 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 43.49 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.10 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -3.46 | -3.04 | -1.93 | -0.79 | -5.09 | 27.65 |
| Cash Dividends Paid | -4.69 | -7.87 | -1.53 | 7.71 | -4.61 | -9.23 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -0.28 | 1.43 | -0.43 | 5.08 | 3.83 | -3.58 |
| Change in Long Term Debt | -0.28 | 1.43 | -0.43 | 5.08 | 3.83 | -3.58 |
| Issuance of Long Term Debt | 0.00 | 2.00 | 0.00 | 85.50 | 4.25 | 159.07 |
| Reduction of Long Term Debt | -0.28 | -0.57 | -0.43 | -80.42 | -0.41 | -162.65 |
| Net Financing Active Other Cash Flow | -0.00 | 2.97 | -3.18 | -16.59 | 0.25 | -2.96 |
| Other Financing Activities Uses | - | - | 0.00 | - | - | - |
| Cash from Financing Activities | -4.97 | -3.47 | -5.15 | -3.81 | -0.53 | -15.77 |
| Net Change in Cash | -8.87 | 7.92 | -3.50 | 1.51 | -4.19 | 20.25 |
| Free Cash Flow | -3.90 | 11.39 | 1.64 | 5.32 | -3.67 | -7.38 |
| Price to Free Cash Flow | 6.31 | 5.25 | - | - | - | - |
Revenue breakdown
| Commercial Real Estate | 2024: 38.90M 2025: 34.34M |
|---|---|
| Residential Rental | 2024: 109.87M 2025: 118.86M |
| United States | 2024: 148.78M 2025: 153.20M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 0.52% | 0.1M | 13.7M | 52.86K |
| 2026-10-15 | 0.89% | 0.1M | 13.7M | 54.19K |
| 2026-09-30 | 1.04% | 0.1M | 13.1M | 62.51K |
| 2026-09-15 | 0.93% | 0.1M | 13.2M | 95.86K |
| 2026-08-31 | 0.76% | 0.1M | 13.3M | 96.11K |
| 2026-08-14 | 0.82% | 0.1M | 13.3M | 106.39K |
| 2026-07-31 | 0.69% | 0.1M | 13.5M | 103.42K |
| 2026-07-15 | 0.95% | 0.1M | 13.5M | 107.83K |
| 2026-06-30 | 1.10% | 0.1M | 13.5M | 107.70K |
| 2026-06-15 | 2.83% | 0.4M | 13.3M | 77.87K |
| 2026-05-29 | 3.07% | 0.4M | 13.5M | 79.13K |
| 2026-05-15 | 3.22% | 0.4M | 13.5M | 69.17K |
| 2026-04-30 | 3.10% | 0.4M | 13.2M | 70.04K |
| 2026-04-15 | 3.38% | 0.4M | 13.2M | 71.09K |
| 2026-03-31 | 3.55% | 0.5M | 13.3M | 70.84K |
| 2026-03-13 | 3.35% | 0.4M | 13.3M | 72.50K |
| 2026-02-27 | 2.19% | 0.3M | 13.3M | 73.77K |
| 2026-02-13 | 2.33% | 0.3M | 13.3M | 72.46K |
| 2026-01-30 | 1.94% | 0.3M | 13.3M | 71.76K |
| 2026-01-15 | 2.06% | 0.3M | 13.3M | 68.56K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 2.50 | 0.35 | 1.10 | 0.00 | 3.851 | 0.00 | 0.00 | 0.760 | -0.040 | 0.002 |
| call | 5.00 | 0.00 | 0.05 | 0.00 | 1.991 | 0.00 | 0.00 | 0.112 | -0.010 | 0.001 |
| call | 7.50 | 0.00 | 0.05 | 0.00 | 3.146 | 0.00 | 0.00 | 0.081 | -0.013 | 0.001 |
| put | 2.50 | 0.00 | 0.50 | 0.00 | 4.635 | 0.00 | 0.00 | -0.237 | -0.040 | 0.002 |
| put | 5.00 | 1.50 | 2.50 | 0.00 | 5.880 | 0.00 | 0.00 | -0.884 | -0.011 | 0.001 |
| put | 7.50 | 3.80 | 5.00 | 0.00 | 7.474 | 1.00 | 0.00 | -0.916 | -0.014 | 0.001 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-05 | 8-K/A | 2026-11-04 | SEC | |
| 2026-11-04 | 8-K | Current report | 2026-11-04 | SEC |
| 2026-11-04 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-10-02 | SCHEDULE 13D/A | SEC | ||
| 2026-10-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-30 | SEC |
| 2026-10-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-30 | SEC |
| 2026-09-30 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-28 | SEC |
| 2026-09-25 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-23 | SEC |
| 2026-09-17 | SCHEDULE 13G | SEC | ||
| 2026-09-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-14 | SEC |
| 2026-09-10 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-08 | SEC |
| 2026-09-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-31 | SEC |
| 2026-08-20 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-18 | SEC |
| 2026-08-14 | SCHEDULE 13D/A | SEC | ||
| 2026-08-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-12 | SEC |
| 2026-08-06 | 8-K | Current report | 2026-08-06 | SEC |
| 2026-08-06 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-07-02 | 8-K | Current report | 2026-06-04 | SEC |
| 2026-06-18 | 8-K | Current report | 2026-06-17 | SEC |
| 2026-05-14 | 8-K | Current report | 2026-03-31 | SEC |
| 2026-05-14 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-04-30 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-04-30 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-06-17 | SEC |
| 2026-03-31 | 8-K | Current report | 2026-03-25 | SEC |
| 2026-03-11 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-06 | SEC |
| 2026-02-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-02-24 | SEC |
| 2026-02-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-02-26 | SEC |
| 2026-02-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-02-26 | SEC |
| 2026-02-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-02-26 | SEC |
| 2026-02-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-02-24 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 762.14K | 9 | 0 | 0 |
| 2026-08 | 805.05K | 7 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 216.03K | 4 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | 2.78% |
| Penserra Capital Management LLC | 2.62% |
| AMERICAN FINANCIAL GROUP INC | 2.30% |
| Amtrust Financial Services, Inc. | 1.44% |
| State of New Jersey Common Pension Fund D | 1.21% |
| MORGAN STANLEY | 1.17% |
| RBF Capital, LLC | 1.13% |
| GEODE CAPITAL MANAGEMENT, LLC | 1.02% |
| Connor, Clark & Lunn Investment Management Ltd. | 0.92% |
| DIMENSIONAL FUND ADVISORS LP | 0.91% |
Funds
| Fund | % owned |
|---|---|
| Hoya Capital High Dividend Yield ETF | 2.86% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 1.93% |
| VANGUARD EXTENDED MARKET INDEX FUND | 1.00% |
| Fidelity Small Cap Index Fund | 0.98% |
| Fidelity Extended Market Index Fund | 0.51% |
| DFA REAL ESTATE SECURITIES PORTFOLIO | 0.47% |
| VANGUARD RUSSELL 2000 INDEX FUND | 0.44% |
| iShares Micro-Cap ETF | 0.29% |
| Fidelity Total Market Index Fund | 0.18% |
| Fidelity Series Total Market Index Fund | 0.16% |
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