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Stock impact report

Clipper Realty: Despite Cheap Price And High Yield, Bearish Clouds Remain On Horizon (Rating Downgrade) [Seeking Alpha]

Clipper Realty Inc. (CLPR) 
Last clipper realty inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NYSE Investor Relations: clipperrealty.com
Company Research Source: Seeking Alpha
This REIT has a limited geographic diversification beyond a handful of NYC properties, operates with negative equity, and a high AFFO dividend payout ratio (above 75%). A new government recently elected in NYC but yet to be sworn in points to what impact new policies will have on demand and supply in NYC housing. Some of CLPR's positives to mention include proven AFFO growth, rising rents in NYC and relatively stable demand so far, and AFFO dividend coverage. Although future lower interest rates could drive upside for REITs due to lower cost of capital, my forecast calls for negative downside in this stock price. stockelements/iStock via Getty Images Today's Pick: An NYC Multifamily REIT Under $5 To kick off a new trading week, I went looking for REITs with dividend yields above 10%, and I came across one trading lately for under $4, Clipper Realty ( CLPR ), which This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative positi Show less Read more
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