Centerspace (CSR)
Market Cap | 962.19M |
Revenue (ttm) | 265.96M |
Net Income (ttm) | 32.75M |
Shares Out | 15.95M |
EPS (ttm) | 2.15 |
PE Ratio | 28.07 |
Forward PE | n/a |
Dividend | $2.92 (4.84%) |
Ex-Dividend Date | Sep 28, 2023 |
Volume | 98,920 |
Open | 59.55 |
Previous Close | 59.75 |
Day's Range | 59.55 - 61.94 |
52-Week Range | 51.26 - 71.97 |
Beta | 0.95 |
Analysts | Hold |
Price Target | 68.50 (+13.52%) |
Earnings Date | Oct 30, 2023 |
About 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 June 30, 2023, Centerspace owned interests in 75 apartment communities consisting of 13,497 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. [Read more]
Financial Performance
In 2022, Centerspace's revenue was $256.72 million, an increase of 27.27% compared to the previous year's $201.71 million. Losses were -$20.54 million, 218.1% more than in 2021.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for CSR stock is "Hold." The 12-month stock price forecast is $68.5, which is an increase of 13.52% from the latest price.
News

CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND
MINNEAPOLIS , Sept. 1, 2023 /PRNewswire/ -- NYSE: CSR.

CENTERSPACE ANNOUNCES FOURTH ANNUAL ENVIRONMENTAL, SOCIAL, AND GOVERNANCE REPORT
MINNEAPOLIS , Aug. 24, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) published its 2022 Environmental, Social, and Governance (ESG) Report, highlighting the company's commitment to sustainable business...

Centerspace Reports Second Quarter 2023 Financial Results and Increases 2023 Core FFO Guidance
MINNEAPOLIS , July 31, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and six months ended June 30, 2023. The tables below show Net Inco...

CENTERSPACE APPOINTS JOSH KLAETSCH DIRECTOR OF INVESTOR RELATIONS
MINNEAPOLIS , July 25, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that Josh Klaetsch has joined the Company as Director of Investor Relations. In this role, Mr.

CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE SECOND QUARTER OF 2023
MINNEAPOLIS , July 12, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the quarter ended June 30, 2023, after the market closes on July 31, 2023. ...

Proterra Investment Partners to launch real estate investment strategy with accomplished industry veteran
MINNEAPOLIS , May 15, 2023 /PRNewswire/ -- Proterra Investment Partners LP ("Proterra") today announced that Mark O. Decker, Jr. will be joining the firm to lead Proterra Real Estate Partners, a newly...

Centerspace Reports First Quarter 2023 Financial Results and Affirms 2023 Core FFO Guidance
MINNEAPOLIS , May 1, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three months ended March 31, 2023. The tables below show Net Income (Loss)...

CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE FIRST QUARTER OF 2023
MINNEAPOLIS , April 12, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the quarter ended March 31, 2023, after the market closes on May 1, 2023.

CENTERSPACE ANNOUNCES CEO TRANSITION OF MARK DECKER, JR. TO ANNE OLSON
MINNEAPOLIS , March 23, 2023 /PRNewswire/ -- Centerspace, Inc. (NYSE:CSR) announced today the transition of Mark Decker, Jr., the Company's President and CEO since 2017. As part of the succession pla...

CENTERSPACE ANNOUNCES SALE OF NINE COMMUNITIES IN MINNESOTA AND NEBRASKA
MINNEAPOLIS , March 16, 2023 /PRNewswire/ -- Centerspace announced the sale of nine communities located in Minnesota and Nebraska for an aggregate sales price of $144.3 million. The sale included four...

Centerspace Announces Financial and Operating Results for the Year Ended December 31, 2022 and Provides 2023 Financial Outlook
MINNEAPOLIS , Feb. 21, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the year ended December 31, 2022. The tables below show Net Income (Loss), F...

CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE YEAR ENDED DECEMBER 31, 2022
MINNEAPOLIS , Jan. 31, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the year ended December 31, 2022, after the market closes on February 21, 2...

CENTERSPACE ANNOUNCES 2022 DIVIDEND ALLOCATIONS
MINNEAPOLIS , Jan. 24, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2022 distributions on its common and preferred shares of benefic...

Centerspace Expands Capacity with $100 Million Term Loan
MINNEAPOLIS , Nov. 28, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced that on November 22, 2022, it closed on a $100 million term loan with PNC Bank as administrative agent. The loan currently...

Centerspace Reports Third Quarter 2022 Financial Results and Updates Financial Outlook
MINNEAPOLIS , Oct. 31, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and nine months ended September 30, 2022. The tables below show Ne...

CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE THIRD QUARTER OF 2022
MINNEAPOLIS , Oct. 12, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the quarter ended September 30, 2022, after the market closes on October 31...

CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND - REVISED
MINNEAPOLIS , Sept. 7, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that it has revised the payable date of the regular quarterly distribution of $0.73 per share/unit, to October 11, 2...

CENTERSPACE ANNOUNCES THIRD ANNUAL ENVIRONMENTAL, SOCIAL, AND GOVERNANCE REPORT
MINNEAPOLIS , Aug. 22, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) published its 2021 Environmental, Social, and Governance (ESG) Report, highlighting the company's commitment to sustainable business...

Centerspace Reports Second Quarter 2022 Financial Results
MINNEAPOLIS , Aug. 1, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and six months ended June 30, 2022. The tables below show Net Incom...

CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE SECOND QUARTER OF 2022
MINNEAPOLIS , July 13, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the quarter ended June 30, 2022, after the market closes on August 1, 2022....

CENTERSPACE ANNOUNCES DISTRIBUTIONS FOR THE 2nd QUARTER OF CALENDAR YEAR 2022
MINNEAPOLIS , June 3, 2022 /PRNewswire/ -- NYSE: CSR. Centerspace's Board of Trustees announced today that it has declared a regular quarterly distribution of $0.73 per share/unit, payable on July 11,...

Centerspace Reports First Quarter 2022 Financial Results and Affirms Core FFO Guidance
MINNEAPOLIS, May 2, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three months ended March 31, 2022. The tables below show Net Income, Funds ...

CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE FIRST QUARTER OF 2022
MINNEAPOLIS , April 13, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the quarter ended March 31, 2022, after the market closes on May 2, 2022. ...

Centerspace Announces Financial and Operating Results for the Year Ended December 31, 2021 and Provides 2022 Financial Outlook; Dividend Increase
MINNEAPOLIS, Feb. 28, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the year ended December 31, 2021. The tables below show Net Income (Loss), Fu...

CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE YEAR ENDED DECEMBER 31, 2021
MINNEAPOLIS, Feb. 1, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the year ended December 31, 2021, after the market closes on February 28, 202...