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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
60.530
Open
59.270
VWAP
59.76
Vol
160.41K
Mkt Cap
1.01B
Low
58.530
Amount
9.59M
EV/EBITDA(TTM)
15.62
Total Shares
16.80M
EV
2.13B
EV/OCF(TTM)
22.56
P/S(TTM)
3.84
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.
Show More

Events Timeline

(ET)
2026-06-01
16:40:00
Centerspace Approves $240M Asset Sales Plan
select
2026-05-04 (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
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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
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News

Newsfilter
8.5
06-01Newsfilter
PinnedCenterspace Plans to Dispose of Approximately $245 Million in Assets
  • Asset Disposal Plan: Centerspace plans to sell approximately $245 million in assets in 2026, including a full exit from the Bismarck and Rapid City markets, aimed at enhancing balance sheet stability by significantly reducing leverage.
  • Debt Reduction Expectations: The company anticipates total debt will decrease by $175-190 million through these asset sales, improving both the cost and duration of debt, thereby supporting future financial flexibility.
  • Dividend Declaration: The company has declared a quarterly distribution of $0.77 per share/unit, payable on July 14, 2026, which will provide stable cash flow for shareholders and enhance investor confidence.
  • Market Focus Strategy: This asset disposal will allow the company to concentrate on higher-quality and more liquid markets, expected to enhance its long-term competitiveness in the multifamily housing sector, particularly during the recovery phase following increased supply from 2023 to 2025.
seekingalpha
4.5
06-01seekingalpha
Centerspace Unveils Portfolio Optimization Plan
  • Portfolio Optimization Plan: Centerspace (CSR) board approved a portfolio optimization and deleveraging plan aimed at enhancing portfolio quality and strengthening the REIT's balance sheet, thereby maximizing strategic flexibility.
  • Targeted Asset Sales: The company plans to sell approximately $240M-$245M in assets, consisting of 12 communities, including a full exit from the Bismarck and Rapid City markets and one community in Denver, with closings expected in H2 2026.
  • Debt Reduction Expectations: The plan is expected to reduce total debt by $175M-$190M, including repayment of its line of credit balance, improving the pro forma annualized net debt to EBITA ratio from 8.2x in Q1 2026 to an anticipated sub-7x level in Q4 2026.
  • Enhancing Shareholder Value: Board Chair John Schissel stated that these actions are expected to enhance shareholder value by capturing the discount between public and private market valuations while materially strengthening the balance sheet.
PRnewswire
8.5
06-01PRnewswire
Centerspace Plans to Dispose of $245 Million in Assets
  • Asset Disposal Plan: Centerspace plans to sell approximately $245 million in assets in 2026, including a full exit from the Bismarck and Rapid City markets, aiming to enhance financial stability by significantly reducing leverage, thereby positioning the company for long-term success.
  • Dividend Declaration: The company has declared a regular quarterly distribution of $0.77 per share/unit, payable on July 14, 2026, to common shareholders and unitholders of record as of June 29, 2026, demonstrating a commitment to shareholder returns even amidst asset optimization efforts.
  • Strategic Evaluation and Optimization: Following a comprehensive review, the Board approved a portfolio optimization and deleveraging plan designed to enhance asset quality and strategic flexibility, thereby creating higher intrinsic value for shareholders and reflecting the company's proactive approach to future market opportunities.
  • Market Response and Outlook: While the company's operational outlook remains materially unchanged, it is still assessing the impact of these transactions on financial results and plans to provide updated guidance in conjunction with its second quarter 2026 earnings release, indicating the company's sensitivity and adaptability to market changes.
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.
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
UBS
Neutral
maintain
$66 -> $70
AI Analysis
2026-05-14
Reason
UBS
Price Target
$66 -> $70
AI Analysis
2026-05-14
maintain
Neutral
Reason
UBS raised the firm's price target on Centerspace to $70 from $66 and keeps a Neutral rating on the shares.
Piper Sandler
Neutral -> Overweight
upgrade
$69 -> $72
2026-04-07
Reason
Piper Sandler
Price Target
$69 -> $72
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.
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Valuation Metrics

The current forward P/E ratio for Centerspace (CSR.N) is 55.56, compared to its 5-year average forward P/E of -35.34. 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
-35.34
Current PE
55.56
Overvalued PE
217.93
Undervalued PE
-288.60

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
18.09
Current EV/EBITDA
16.61
Overvalued EV/EBITDA
20.37
Undervalued EV/EBITDA
15.81

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
4.20
Current PS
4.25
Overvalued PS
5.23
Undervalued PS
3.17

Financials

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Whales Holding CSR

V
Voss Capital, LP
Holding
CSR
+7.99%
3M Return
A
Adelante Capital Management LLC
Holding
CSR
+1.64%
3M Return

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Frequently Asked Questions

What is Centerspace (CSR) stock price today?

The current price of CSR is 60.21 USD — it has increased 0.97

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 June 04 2026.

What is Centerspace (CSR) market cap?

Today CSR has the market capitalization of 1.01B USD.