Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Clipper Realty, Inc. (CLPR)
NYSEReal EstateReit - ResidentialSnapshot 2026-11-04
$3.33-0.89%
Close 2026-11-04 · 1-day change
NYSEReal EstateReit - ResidentialSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.24 → 0.24 EPS · FY ending Dec 31, 2027 · 1 analyst
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 1 to 1; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for CLPR yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Operating income improves from $4.4 million in 2026-Q1 | The company plans to improve operating income from $4.4 million in Q1. | Broken | Operating income falls below $4 million next year | Operating income: $9.881M FY2026-Q3; GAAP. Published target: > $4.4 million. Target period is not explicitly aligned with this observation. Nov 4, 20269,881,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
CLPR is a small, rate-sensitive real estate company with a mixed operating record, not a steady earnings compounder. Its multi-year view is intact and recently shifted mildly favorable, though earnings quality remains loss-making and risk is elevated.
The valuation evidence points to CLPR being cheap versus peers, with a justified priced-in assessment and low measured fragility. The expectations gap is negative, but the evidence does not explain that measure further, so the market’s specific assumptions are unclear.
Near term, residential revenue growth supports the business, but commercial lease termination has weighed on total revenue and net operating income. Operating income improved earlier in 2026 but eased in the second quarter; a recent earnings beat followed a May miss, and the next report carries a meaningful risk of missing expectations.
Over the next several quarters, the thesis hinges on continued residential leasing growth, stabilizing commercial revenue, and progress on lender issues at 250 Livingston Street. Fed rate cuts could support the sector, while a guidance cut or weakening results from real estate peers could remove that support.
For the 1-to-3-year view, the business shows signs of leasing progress, but losses, uneven results, and elevated near-term risk leave the thesis dependent on sustained execution. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| A supporting condition in Clipper Realty, Inc.'s published investment case. The stated target is No new major legal or loan defaults. |
| Under Pressure |
| New major legal or loan defaults occur |
1 major legal event (litigation filed) vs 0 target Litigation filed in March 2026 regarding a $125M loan agreement; recent earnings misses and dividend concerns persist. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue near $156 million in FY26 | Revenue is expected near $156 million this year. | Broken | Revenue falls below $150 million in FY26 | Revenue: $40.484M FY2026-Q3; GAAP. Published target: >= $156 million. Annual target cannot be compared with a quarterly or TTM observation. Nov 4, 202640,484,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
Unavailable → $0.24 · observed estimates
$0.16B → $0.16B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | Unavailable | $161,700,000 | — / 1 |
| 2026-07-25 | Unavailable | $161,700,000 | — / 1 |
| 2026-07-26 | Unavailable | $161,700,000 | — / 1 |
| 2026-07-27 | Unavailable | $161,700,000 | — / 1 |
| 2026-07-28 | Unavailable | $161,700,000 | — / 1 |
| 2026-07-29 | Unavailable | $161,700,000 | — / 1 |
| 2026-07-30 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-07-31 | Unavailable | $161,700,000 | — / 1 |
| 2026-08-01 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-02 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-03 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-04 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-05 | Unavailable | $161,700,000 | — / 1 |
| 2026-08-06 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-07 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-08 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-09 | Unavailable | $161,700,000 | — / 1 |
| 2026-08-10 | Unavailable | $161,700,000 | — / 1 |
| 2026-08-11 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-12 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-13 | Unavailable | $161,700,000 | — / 1 |
| 2026-08-14 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-15 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-16 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-17 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-18 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-19 | $0.35 | $161,700,000 | 1 / 1 |
| 2026-08-20 | $0.35 | $158,300,000 | 1 / 1 |
| 2026-08-21 | $0.35 | $158,300,000 | 1 / 1 |
| 2026-08-22 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-08-23 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-08-24 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-08-25 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-08-26 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-08-27 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-08-28 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-08-29 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-08-30 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-08-31 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-01 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-02 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-03 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-04 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-05 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-06 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-07 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-08 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-09 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-10 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-11 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-12 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-13 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-14 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-15 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-16 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-17 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-18 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-19 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-20 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-21 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-22 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-23 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-24 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-25 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-26 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-27 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-28 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-29 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-09-30 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-01 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-02 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-03 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-04 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-05 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-06 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-07 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-08 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-09 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-10 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-11 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-12 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-13 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-14 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-15 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-16 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-17 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-18 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-19 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-20 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-21 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-22 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-23 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-24 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-25 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-26 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-27 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-28 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-29 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-30 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-10-31 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-11-01 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-11-02 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-11-03 | $0.24 | $158,300,000 | 1 / 1 |
| 2026-11-04 | $0.24 | $158,300,000 | 1 / 1 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 0 Buy / Strong Buy · 0 Hold · 1 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.