News stories about Clipper Realty (NYSE:CLPR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Clipper Realty earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.2286392064692 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
Shares of Clipper Realty (NYSE CLPR) opened at $10.00 on Tuesday. Clipper Realty has a 1 year low of $9.43 and a 1 year high of $15.00. The company has a market capitalization of $184.23 and a PE ratio of 29.00.
The company also recently declared a quarterly dividend, which was paid on Monday, November 13th. Stockholders of record on Monday, November 6th were issued a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, November 3rd. This represents a $0.38 annualized dividend and a dividend yield of 3.80%. Clipper Realty’s dividend payout ratio is -190.00%.
CLPR has been the topic of a number of recent research reports. Zacks Investment Research cut shares of Clipper Realty from a “buy” rating to a “sell” rating in a research note on Monday, August 14th. JMP Securities initiated coverage on Clipper Realty in a report on Monday, October 9th. They set an “outperform” rating and a $17.00 target price on the stock. FBR & Co reaffirmed a “buy” rating and set a $16.00 target price on shares of Clipper Realty in a report on Friday, October 27th. Finally, B. Riley reaffirmed a “buy” rating on shares of Clipper Realty in a report on Wednesday, November 1st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $15.00.
In other Clipper Realty news, Director Sam Levinson purchased 10,000 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were bought at an average cost of $9.83 per share, with a total value of $98,300.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
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About Clipper Realty
Clipper Realty, Inc is a real estate investment trust, which acquires, owns, manages, operates and repositions multi-family residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. The Company’s segments include Commercial and Residential. As of June 30, 2016, it owned two residential/retail rental properties at 50 Murray Street and 53 Park Place in the Tribeca neighborhood of Manhattan, referred to as the Tribeca House properties.
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