NYSE:CSR

Centerspace (CSR) Stock Price, News & Analysis

$64.91
+0.58 (+0.90%)
(As of 01:24 PM ET)
Today's Range
$64.15
$65.23
50-Day Range
$55.01
$65.64
52-Week Range
$46.74
$66.99
Volume
33,310 shs
Average Volume
80,006 shs
Market Capitalization
$966.51 million
P/E Ratio
27.86
Dividend Yield
4.62%
Price Target
$65.57

Centerspace MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
1.6% Upside
$65.57 Price Target
Short Interest
Healthy
1.38% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.50mentions of Centerspace in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$28,200 Bought Last Quarter
Proj. Earnings Growth
3.59%
From $4.74 to $4.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.07 out of 5 stars

Finance Sector

599th out of 864 stocks

Real Estate Investment Trusts Industry

127th out of 178 stocks

CSR stock logo

About Centerspace Stock (NYSE:CSR)

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of September 30, 2023, Centerspace owned interests in 71 apartment communities consisting of 12,785 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for the fourth consecutive year in 2023 by the Minneapolis Star Tribune.

CSR Stock Price History

CSR Stock News Headlines

Centerspace (CSR) Set to Announce Quarterly Earnings on Monday
Centerspace (NYSE:CSR) Short Interest Down 6.9% in March
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CSR Apr 2024 55.000 call
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Centerspace (NYSE:CSR) Q4 2023 Earnings Call Transcript
CSR Mar 2024 65.000 call
Centerspace: A Value Buy In The Multifamily Space
CENTERSPACE ANNOUNCES 2023 DIVIDEND ALLOCATIONS
A Closer Look at 4 Analyst Recommendations For Centerspace
Janney Montgomery Keeps Their Hold Rating on Centerspace (CSR)
Centerspace (NYSE:CSR) Q3 2023 Earnings Call Transcript
See More Headlines
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Company Calendar

Last Earnings
8/01/2022
Ex-Dividend for 4/8 Dividend
3/27/2024
Dividend Payable
4/08/2024
Today
4/26/2024
Next Earnings (Confirmed)
4/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
377
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$65.57
High Stock Price Target
$70.00
Low Stock Price Target
$63.00
Potential Upside/Downside
+1.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$41.97 million
Pretax Margin
18.84%

Debt

Sales & Book Value

Annual Sales
$261.31 million
Cash Flow
$9.53 per share
Book Value
$55.64 per share

Miscellaneous

Free Float
14,761,000
Market Cap
$958.32 million
Optionable
Optionable
Beta
0.93
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Key Executives

  • Ms. Anne M. Olson Esq. (Age 47)
    President, CEO, Secretary & Executive Trustee
    Comp: $1.2M
  • Mr. Bhairav Patel (Age 46)
    Executive VP & CFO
    Comp: $1.04M
  • Joe McComish
    Vice President of Finance and Investor Relations
  • Ms. Michelle R. Saari
    Vice President of Marketing & Communications
  • Ms. Karin M. Wentz (Age 64)
    Senior VP & Associate General Counsel
  • Mr. Grant P. Campbell
    Senior Vice President of Investments
  • Ms. Julie Letner
    Senior Vice President of Talent & Culture
  • Ms. Jean Denn
    Senior Vice President of Operations
  • Ms. Susan J. Picotte
    Vice President of Asset Management
  • Emily Miller
    Investor Relations

CSR Stock Analysis - Frequently Asked Questions

Should I buy or sell Centerspace stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Centerspace in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CSR shares.
View CSR analyst ratings
or view top-rated stocks.

What is Centerspace's stock price target for 2024?

7 Wall Street research analysts have issued twelve-month price targets for Centerspace's shares. Their CSR share price targets range from $63.00 to $70.00. On average, they anticipate the company's stock price to reach $65.57 in the next year. This suggests a possible upside of 1.6% from the stock's current price.
View analysts price targets for CSR
or view top-rated stocks among Wall Street analysts.

How have CSR shares performed in 2024?

Centerspace's stock was trading at $58.20 on January 1st, 2024. Since then, CSR stock has increased by 10.9% and is now trading at $64.53.
View the best growth stocks for 2024 here
.

Are investors shorting Centerspace?

Centerspace saw a increase in short interest in April. As of April 15th, there was short interest totaling 205,900 shares, an increase of 5.2% from the March 31st total of 195,800 shares. Based on an average daily volume of 83,600 shares, the short-interest ratio is presently 2.5 days.
View Centerspace's Short Interest
.

When is Centerspace's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our CSR earnings forecast
.

How can I listen to Centerspace's earnings call?

Centerspace will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 226-828-7578 with passcode "748370".

How were Centerspace's earnings last quarter?

Centerspace (NYSE:CSR) released its earnings results on Monday, August, 1st. The company reported ($0.30) earnings per share for the quarter, topping analysts' consensus estimates of ($0.63) by $0.33. Centerspace had a trailing twelve-month return on equity of 4.76% and a net margin of 15.81%. During the same period last year, the company posted $0.95 EPS.

How often does Centerspace pay dividends? What is the dividend yield for Centerspace?

Centerspace announced a quarterly dividend on Tuesday, February 20th. Investors of record on Thursday, March 28th will be given a dividend of $0.75 per share on Monday, April 8th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 4.65%. The ex-dividend date is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of $0.73.
Read our dividend analysis for CSR
.

Is Centerspace a good dividend stock?

Centerspace (NYSE:CSR) pays an annual dividend of $3.00 per share and currently has a dividend yield of 4.62%. CSR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 128.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CSR will have a dividend payout ratio of 61.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSR.

What guidance has Centerspace issued on next quarter's earnings?

Centerspace issued an update on its FY24 earnings guidance on Tuesday, February, 20th. The company provided earnings per share guidance of $4.54-4.80 for the period, compared to the consensus estimate of $4.67.

Who are Centerspace's major shareholders?

Centerspace's stock is owned by a variety of retail and institutional investors. Top institutional investors include Pensionfund DSM Netherlands (0.12%), Sumitomo Mitsui Trust Holdings Inc. (0.12%), New York State Teachers Retirement System (0.11%), Pensionfund Sabic (0.06%), BTC Capital Management Inc. (0.03%) and Allspring Global Investments Holdings LLC (0.02%). Insiders that own company stock include John A Schissel, Mark Okey Decker Jr, Mary J Twinem and Rodney Jones-Tyson.
View institutional ownership trends
.

How do I buy shares of Centerspace?

Shares of CSR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CSR) was last updated on 4/26/2024 by MarketBeat.com Staff

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