- Clipper Realty is set to hit financial records in Q1 2021 and turn a GAAP net profit for the first time in Q4 2020.
- Although up 40%+ above its April lows of $4.32, Clipper still remains severely discounted with potential for triple-digit returns.
- Valuation models, equity research analysts, share repurchase program, insider buying and institutional capital flows provide further support on undervaluation assessment.
- Additional "unquantified" project development opportunities slated for 2022+ will further enhance shareholder valuation gap.
- Current share price reflects an unlikely minimum 25%+ residential vacancy rate (despite current vacancies less than 4% as of 8/11/20).
For further details see:
Clipper: Something Doesn't Add Up