Centerspace/$CSR
1D1W1MYTD1Y5YMAX
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
$954M
44.60
$1.27
0.89
$3.08
5.42%
Price and volume
Market cap
$954M
Beta
0.89
52-week high
$69.61
52-week low
$52.00
Average daily volume
243K
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)
44.597
Price to revenue (TTM)
3.542
Price to book
1.4
Price to tangible book (TTM)
1.4
Price to free cash flow (TTM)
10.396
Free cash flow yield (TTM)
9.62%
Free cash flow per share (TTM)
5.467
Dividend yield (TTM)
5.42%
Forward dividend yield
5.42%
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
Centerspace expects $315 million–$320 million of disposition proceeds, with proceeds intended for debt repayment; successful deleveraging could reduce balance-sheet risk and interest burden. (SEC filing)
Operating performance showed resilience in the second quarter: same-store NOI increased 0.3% year over year, while non-same-store NOI rose on contributions from recently acquired communities. (SEC 10-Q)
The stock offered an annualized 5.5% distribution yield at June 30, 2026, and management’s outlook included potential special distributions of $50 million–$60 million to common shareholders and operating-partnership unitholders. (SEC filing)
Centerspace cut its 2026 Core FFO outlook to $4.58–$4.68 per share from $4.81–$5.05 previously, while revised same-store NOI guidance is negative 1.0% to flat. (SEC filing)
The planned portfolio sales create near-term earnings pressure: first-half 2026 revenue fell 3.5% year over year, disposition NOI declined $7.6 million, and 13 apartment communities were classified as held for sale as of June 30. (SEC filing)
Underlying cost and corporate pressures remain significant: first-half same-store expenses rose 2.0%, occupancy slipped to 95.7% from 95.9%, and general and administrative costs increased $2.6 million, including strategic-review expenses. (SEC 10-Q)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.
Centerspace Financial Performance
Revenues and expenses
Centerspace Earnings Performance
Company profitability
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 Wire7 days ago
Independence Realty Trust and Centerspace Agree to $8.1 Billion Merger
WSJ1 week ago
Independence Realty Trust and Centerspace to Merge in $8.1 Billion Combination
Business Wire1 week ago
Funds containing Centerspace
AllUSDGBPEUR
Fund name | Fund size | $CSR weighting |
|---|---|---|
iShares Developed Markets Property Yield$IDWP | $1.2B | 0.06% |
iShares Developed Markets Property Yield£IWDP | £859M | 0.06% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.05% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.05% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 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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