Centerspace/$CSR
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Capital at risk
About Centerspace
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment which includes the ownership, management, development, redevelopment, and acquisition of apartment communities and conduct their corporate operations from offices in Minot, North Dakota and Minneapolis, Minnesota.
- Ticker
- $CSR
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 342
- Headquarters
- Minot, United States
- Website
- www.centerspacehomes.com
Centerspace Metrics
BasicAdvanced
$981M
45.86
$1.27
0.89
$3.08
5.27%
Price and volume
Market cap
$981M
Beta
0.89
52-week high
$69.61
52-week low
$52.00
Average daily volume
247K
Dividend rate
$3.08
Financial strength
Current ratio
3.112
Quick ratio
0.158
Long term debt to equity
1.237
Total debt to equity
1.24
Dividend payout ratio (TTM)
238.77%
Interest coverage (TTM)
0.50%
Profitability
EBITDA (TTM)
132.824
Gross margin (TTM)
59.31%
Net profit margin (TTM)
8.08%
Operating margin (TTM)
8.47%
Revenue per employee (TTM)
$790,000
Management effectiveness
Return on assets (TTM)
0.74%
Return on equity (TTM)
3.39%
Valuation
Price to earnings (TTM)
45.861
Price to revenue (TTM)
3.642
Price to book
1.44
Price to tangible book (TTM)
1.44
Price to free cash flow (TTM)
10.69
Free cash flow yield (TTM)
9.35%
Free cash flow per share (TTM)
5.467
Dividend yield (TTM)
5.27%
Forward dividend yield
5.27%
Growth
Revenue change (TTM)
0.67%
Earnings per share change (TTM)
-170.79%
3-year revenue growth (CAGR)
0.36%
3-year earnings per share growth (CAGR)
-16.26%
3-year dividend per share growth (CAGR)
1.79%
What the Analysts think about Centerspace
Analyst ratings (Buy, Hold, Sell) for Centerspace stock.
Analyst projections of the future price of Centerspace stock.
Bulls say / Bears say
The agreed merger with Independence Realty Trust could lift earnings: the companies forecast roughly 5% accretion to 2027 Core FFO per share on a leverage-neutral basis and identified about $24 million in annual synergies. The larger platform also offers more scope for renovations and operating efficiencies. (Centerspace)
Centerspace completed 14 community sales for about $318.8 million, with proceeds intended in part to repay debt. Management expects the sales and debt reduction to bring leverage down from 7.3x at Q2 towards the mid-6x range after a potential special distribution. (StockTitan, The Motley Fool)
Rental trends showed signs of stabilising: Q2 occupancy was 96%, and blended lease growth reached 1.8%. New-lease rent growth improved from the first quarter, while Minneapolis recorded 3.4% blended rent growth. (The Motley Fool)
The property sales shrink the recurring earnings base: Centerspace cut its 2026 Core FFO outlook to $4.58–$4.68 per share from the previous $4.81–$5.05 range. Its updated same-store NOI outlook is between a 1% decline and no change. (PR Newswire, PR Newswire)
Denver remains a drag as new supply is absorbed: the market's same-store NOI fell 6% in Q2, with revenue down 5.6% amid rent concessions. This could weigh on results if the recovery takes longer than expected. (The Motley Fool)
The merger is all-stock, so CSR holders' eventual value will move with IRT's share price before closing. The deal also remains subject to shareholder approvals and other closing conditions, leaving room for delay or failure. (Centerspace)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
Centerspace Financial Performance
Revenues and expenses
Centerspace Earnings Performance
Company profitability
Upcoming events
No upcoming events
Centerspace News
AllArticlesVideos
Centerspace Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Centerspace - CSR
Business Wire3 weeks ago
CSR Stock Alert: Halper Sadeh LLC is Investigating Whether Centerspace is Obtaining a Fair Price for its Shareholders
Business Wire1 month ago
Centerspace Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Centerspace - CSR
Business Wire2 months ago
Funds containing Centerspace
Fund name | Fund size | $CSR weighting |
|---|---|---|
iShares Developed Markets Property Yield$IDWP | $1.2B | 0.06% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.06% |
iShares Developed Markets Property Yield£IWDP | $1.2B | 0.06% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.06% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.03% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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