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CSR Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
68.680
Open
68.220
VWAP
68.10
Vol
61.21K
Mkt Cap
1.14B
Low
67.710
Amount
4.17M
EV/EBITDA(TTM)
16.61
Total Shares
16.80M
EV
2.27B
EV/OCF(TTM)
23.99
P/S(TTM)
4.36
Centerspace is a real estate investment trust. focused on the ownership, management, acquisition, development, and redevelopment of apartment communities. It owns approximately 61 apartment communities consisting of 12,262 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah. It conducts its business activities through a consolidated operating partnership, Centerspace, LP (the Operating Partnership), as well as through a number of other consolidated subsidiary entities. The Company's portfolio of apartment communities includes 71 France, Alps Park Apartments, Arcata Apartments, Ashland Apartment Homes, Avalon Cove Townhomes, Burgundy & Hillsboro, Canyon Lake Apartments, Castlerock Apartment Homes, Cottonwood Apartment Homes, Country Meadows Apartment Homes, Deer Ridge Apartment Homes, Grand Gateway Apartment Homes, Homestead Garden Apartments, Silver Springs Apartment Homes, Rimrock West Apartments, The Lydian, and others.
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Events Timeline

(ET)
2026-05-04
16:30:00
Reaffirms FY26 Same-Store Expenses View at 1.00%-2.00%
select
2026-05-04
16:30:00
Q1 Revenue at $65.1M, Below Consensus of $66.54M
select
2026-02-17 (ET)
2026-02-17
16:30:00
Q4 Same-Store NOI Up 4.8% Year Over Year
select
2026-02-17
16:30:00
FY26 Same-store Capital Expenditures Estimated at $1,250 to $1,350 per Home
select

News

NASDAQ.COM
2.0
05-06NASDAQ.COM
Centerspace (CSR) Q1 2026 Earnings Transcript
moomoo
4.5
05-04moomoo
CENTERSPACE - STRATEGIC REVIEW IN PROGRESS; UPDATE ANTICIPATED WITH Q2 EARNINGS REPORT
  • Ongoing Strategic Review: The company is currently undergoing a strategic review process to assess its operations and future direction.

  • Earnings Update Expected: An update regarding the ongoing review and its implications is anticipated to be released alongside the Q2 earnings report.

seekingalpha
9.5
05-04seekingalpha
Centerspace Q1 FFO Misses Expectations, Updates 2026 Outlook
  • Disappointing Financial Performance: Centerspace reported a Q1 FFO of $1.12, missing expectations by $0.07, indicating pressure on the company's revenue and profitability.
  • Revenue Decline: The company’s revenue of $65.1 million represents a 3.0% year-over-year decline, falling short of expectations by $1.44 million, reflecting weak market demand and increased competition.
  • 2026 Financial Outlook Update: Centerspace has updated its 2026 financial outlook, targeting a core FFO of $4.93 per share, while facing risks of net losses, yet maintaining a strategic review process to optimize future growth.
  • Stable Same-Store Performance: Despite challenges, Centerspace anticipates same-store revenue and expenses to remain within the range of 0.00% to 1.75%, demonstrating the company's efforts to stabilize operations.
NASDAQ.COM
2.0
05-04NASDAQ.COM
Centerspace (CSR) Q3 2025 Earnings Transcript
PRnewswire
9.5
05-04PRnewswire
Centerspace Reports Q1 2026 Financial Results
  • Financial Decline: Centerspace reported a net loss of $0.77 per share for Q1 2026, worsening from a loss of $0.22 in Q1 2025, indicating significant challenges in the current economic environment that may impact investor confidence.
  • Operational Data Fluctuations: Same-store revenues decreased by 0.3% year-over-year, while expenses rose by 1.7%, leading to a 1.1% decline in net operating income (NOI), suggesting pressures on the company's ability to control costs and enhance revenues, potentially affecting future profitability.
  • Leasing Market Dynamics: The effective new lease rate growth for Q1 2026 was -2.1%, indicating weak market demand, while the renewal lease rate growth was 3.1%, suggesting relative stability in retaining existing customers, although overall leasing market conditions still require improvement.
  • Strong Liquidity Position: As of the end of Q1 2026, Centerspace had total liquidity of $267.1 million, comprising $259.6 million available under credit lines and $7.6 million in cash, providing a solid foundation for future operations and investments.
PRnewswire
9.5
04-09PRnewswire
Centerspace to Release Q1 2026 Operating Results
  • Earnings Release Schedule: Centerspace will release its operating results for the quarter ended March 31, 2026, after market close on May 4, 2026, providing investors with the latest financial data and operational performance insights.
  • Conference Call Timing: Management will host a conference call on May 5, 2026, at 10:00 a.m. Eastern Time to discuss the results, enhancing communication and transparency with investors.
  • Webcast Access: Interested parties can access the conference call via a live webcast link, ensuring broad participation and information sharing, which enhances the company's image in the capital markets.
  • Company Background: Founded in 1970, Centerspace currently owns 61 apartment communities with 12,263 homes, committed to providing great living environments through integrity and service, showcasing its stability and growth potential in the real estate sector.
Wall Street analysts forecast CSR stock price to rise
7 Analyst Rating
Wall Street analysts forecast CSR stock price to rise
2 Buy
5 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
65.00
Averages
69.67
High
79.00
Current: 0.000
sliders
Low
65.00
Averages
69.67
High
79.00
Piper Sandler
Neutral -> Overweight
upgrade
$69 -> $72
AI Analysis
2026-04-07
Reason
Piper Sandler
Price Target
$69 -> $72
AI Analysis
2026-04-07
upgrade
Neutral -> Overweight
Reason
Piper Sandler upgraded Centerspace to Overweight from Neutral with a price target of $72, up from $69. The firm cites valuation for the upgrade following the stock's underperformance versus Centerspace's apartment peers year-to-date. The company's upper Midwest portfolio offers investors "differentiated exposure" than the coasts or Sunbelt of peers, the analyst tells investors in a research note. Piper believes Centerspace's smaller markets remain strong.
Piper Sandler
Alexander Goldfarb
Neutral
maintain
$66 -> $69
2026-02-19
Reason
Piper Sandler
Alexander Goldfarb
Price Target
$66 -> $69
2026-02-19
maintain
Neutral
Reason
Piper Sandler analyst Alexander Goldfarb raised the firm's price target on Centerspace to $69 from $66 and keeps a Neutral rating on the shares. The strategic alternative process impact on Centerspace is seen with new redevelopments and stock buybacks on pause, while the company assesses new markets to enter, which would be funded via recycling, the firm notes. Existing projects continue, but Piper understands the team is hesitant to launch new ones that may disrupt the NOI stream as Centerspace contemplates its strategic options.
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Valuation Metrics

The current forward P/E ratio for Centerspace (CSR.N) is 58.48, compared to its 5-year average forward P/E of -26.55. For a more detailed relative valuation and DCF analysis to assess Centerspace's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-26.55
Current PE
58.48
Overvalued PE
241.52
Undervalued PE
-294.61

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
18.13
Current EV/EBITDA
12.46
Overvalued EV/EBITDA
20.42
Undervalued EV/EBITDA
15.85

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
4.21
Current PS
4.30
Overvalued PS
5.24
Undervalued PS
3.17

Financials

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Quarterly

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Whales Holding CSR

A
Adelante Capital Management LLC
Holding
CSR
+4.81%
3M Return
V
Voss Capital, LP
Holding
CSR
+0.20%
3M Return

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Frequently Asked Questions

What is Centerspace (CSR) stock price today?

The current price of CSR is 67.92 USD — it has increased 0.4

What is Centerspace (CSR)'s business?

Centerspace is a real estate investment trust. focused on the ownership, management, acquisition, development, and redevelopment of apartment communities. It owns approximately 61 apartment communities consisting of 12,262 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah. It conducts its business activities through a consolidated operating partnership, Centerspace, LP (the Operating Partnership), as well as through a number of other consolidated subsidiary entities. The Company's portfolio of apartment communities includes 71 France, Alps Park Apartments, Arcata Apartments, Ashland Apartment Homes, Avalon Cove Townhomes, Burgundy & Hillsboro, Canyon Lake Apartments, Castlerock Apartment Homes, Cottonwood Apartment Homes, Country Meadows Apartment Homes, Deer Ridge Apartment Homes, Grand Gateway Apartment Homes, Homestead Garden Apartments, Silver Springs Apartment Homes, Rimrock West Apartments, The Lydian, and others.

What is the price predicton of CSR Stock?

Wall Street analysts forecast CSR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CSR is69.67 USD with a low forecast of 65.00 USD and a high forecast of 79.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Centerspace (CSR)'s revenue for the last quarter?

Centerspace revenue for the last quarter amounts to 65.07M USD, decreased -3.02

What is Centerspace (CSR)'s earnings per share (EPS) for the last quarter?

Centerspace. EPS for the last quarter amounts to -0.77 USD, increased 250.00

How many employees does Centerspace (CSR). have?

Centerspace (CSR) has 334 emplpoyees as of May 12 2026.

What is Centerspace (CSR) market cap?

Today CSR has the market capitalization of 1.14B USD.