Media stories about Clipper Realty (NYSE:CLPR) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 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 news sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.1055625054327 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news headlines that may have effected Accern’s analysis:
- Financial Contrast: Clipper Realty (CLPR) vs. Preferred Apartment Communities (APTS) (americanbankingnews.com)
- Clipper Realty Inc. (CLPR) Receives Average Recommendation of “Strong Buy” from Brokerages (americanbankingnews.com)
- Critical Survey: Post Properties (PPS) and Clipper Realty (CLPR) (americanbankingnews.com)
- Clipper Realty (CLPR) PT Set at $16.00 by B. Riley (americanbankingnews.com)
- Analysts Expect Clipper Realty Inc. (CLPR) to Post $0.10 EPS (americanbankingnews.com)
Clipper Realty (NYSE CLPR) opened at $10.18 on Tuesday. Clipper Realty has a 1 year low of $9.43 and a 1 year high of $15.00. The firm has a market cap of $180.80 and a PE ratio of -50.90.
Several analysts have recently weighed in on CLPR shares. B. Riley reissued a “buy” rating on shares of Clipper Realty in a report on Wednesday, November 1st. Zacks Investment Research raised shares of Clipper Realty from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. FBR & Co reissued a “buy” rating and set a $16.00 price target on shares of Clipper Realty in a research note on Friday, October 27th. Raymond James Financial restated a “buy” rating and set a $14.00 price objective on shares of Clipper Realty in a report on Monday, December 4th. Finally, JMP Securities initiated coverage on shares of Clipper Realty in a report on Monday, October 9th. They set an “outperform” rating and a $17.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Clipper Realty currently has an average rating of “Buy” and a consensus target price of $15.00.
In other Clipper Realty news, Director Sam Levinson acquired 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was acquired at an average price of $9.83 per share, for a total transaction of $98,300.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
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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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