Centerspace (CSR)
| Market Cap | 945.16M |
| Revenue (ttm) | 178.23M |
| Net Income (ttm) | 51.15M |
| Shares Out | 12.83M |
| EPS (ttm) | 4.16 |
| PE Ratio | 17.56 |
| Forward PE | n/a |
| Dividend | $2.80 |
| Dividend Yield | 3.83% |
| Trading Day | January 22 |
| Last Price | $73.06 |
| Previous Close | $72.00 |
| Change ($) | 1.06 |
| Change (%) | 1.47% |
| Day's Open | 71.99 |
| Day's Range | 70.71 - 73.07 |
| Day's Volume | 33,697 |
| 52-Week Range | 43.43 - 81.90 |
MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2020 distributions on its common and preferred shares of ...
The average REIT had a negative monthly return in 7 of the 12 months of 2020, with a 3.48% total return in December. Mid cap (+4.5%) and micro cap REITs (+3.45%) outperformed in December, whil...
MINNEAPOLIS, Jan. 6, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that it has acquired Union Pointe Apartment Homes in Longmont, Colorado, for an aggregate purchase price of $7...
IRET's share price has nearly fully recovered since the start of the year, and occupancy has remained strong. However, some near-term headwinds remain, and the balance sheet is more leveraged ...
The pandemic-driven "urban exodus" hasn't yet shown signs of slowing. Apartment REITs in the coastal "shutdown cities" have been slammed as residents flee to lower-cost suburban markets and bu...
Investors Real Estate Trust's (IRET) CEO Mark Decker on Q3 2020 Results - Earnings Call Transcript
Investors Real Estate Trust (IRET) delivered FFO and revenue surprises of 11.90% and 0.60%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for...
MINNEAPOLIS, Nov. 2, 2020 /PRNewswire/ -- IRET (NYSE: IRET) announced today its financial and operating results for the quarter ended September 30, 2020. The tables below show Net Income, Fund...
MINNEAPOLIS, Oct. 13, 2020 /PRNewswire/ -- IRET (NYSE: IRET) provides update on operating performance for September 2020 and announces that it will release its third quarter 2020 operating res...
MINNEAPOLIS, Sept. 22, 2020 /PRNewswire/ -- IRET (NYSE: IRET) announced today it has acquired Parkhouse Apartment Homes in Thornton, Colorado, for an aggregate purchase price of $144,750,000. ...
MINNEAPOLIS, Sept. 4, 2020 /PRNewswire/ -- IRET (NYSE: IRET) announced today that its Board of Trustees declared a regular quarterly distribution of $0.70 per share/unit, payable on October 9,...
MINNEAPOLIS, Sept. 1, 2020 /PRNewswire/ -- IRET (NYSE: IRET) announced today that it sold four apartment communities consisting of 690 apartment homes in Grand Forks, North Dakota for an aggre...
Investors Real Estate Trust (IRET) CEO Mark Decker on Q2 2020 Results - Earnings Call Transcript
Investors Real Estate Trust (IRET) delivered FFO and revenue surprises of 3.41% and -2.67%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the ...
MINOT, N.D., Aug. 3, 2020 /PRNewswire/ -- IRET (NYSE: IRET) announced today its financial and operating results for the quarter ended June 30, 2020.
I like IRET's recent portfolio transformation and non-gateway market concentration. The stock price is just too high today.
MINNEAPOLIS, July 14, 2020 /PRNewswire/ -- IRET (NYSE: IRET) announced today that it will release its second quarter 2020 operating results after the market closes on Monday, August 3, 2020 an...
MINNEAPOLIS, June 29, 2020 /PRNewswire/ -- IRET (NYSE: IRET) is proud to announce that it has been recognized for the first time as a Top Workplace for 2020 by the Minneapolis Star Tribune. Th...
MINOT, N.D., June 5, 2020 /PRNewswire/ -- IRET (NYSE: IRET) announced today that its Board of Trustees declared a regular quarterly distribution of $0.70 per share/unit, payable on July 10, 20...
MINNEAPOLIS, June 1, 2020 /PRNewswire/ -- IRET (NYSE: IRET) IRET is scheduled to present at Nareit's 2020 REITweek Virtual Investor Conference on June 2, 2020 at 1:40 PM ET. The presentation w...
MINNEAPOLIS, May 18, 2020 /PRNewswire/ -- IRET (NYSE: IRET) published today its 2019 Environmental, Social, and Governance (ESG) Report. This is IRET's inaugural ESG report designed to showcas...
Investors Real Estate Trust (IRET) CEO Mark Decker on Q1 2020 Results - Earnings Call Transcript
Investors Real Estate Trust (IRET) delivered FFO and revenue surprises of 9.76% and -0.88%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the...
With Covid-19 shutdowns shaking the economies of countries around the world, the demand for different types of properties is shifting as well.
Investors Real Estate Trust's (IRET) buyout of properties in well-connected locations at Minneapolis will likely generate higher cash flow and place the company well for a better growth trajec...
Investors Real Estate Trust (IRET) CEO Mark Decker on Q4 2019 Results - Earnings Call Transcript
Within the Hoya Capital Apartment REIT Index, we track the twelve largest apartment REITs, which account for roughly $140 billion in market value and more than 500,000 total housing units
Investors Real Estate Trust's (IRET) sell of 10 apartment communities comes as part of the company's portfolio-transformation efforts.
Investors Real Estate Trust's (IRET) CEO Mark Decker on Q3 2019 Results - Earnings Call Transcript
Investors Real Estate Trust's (IRET) buyout of properties in advantageous location in Denver and Minneapolis likely to result in higher-quality cash flow and position it for a better growth tr...
Wednesday marked the worst day on Wall Street this year after the bond yield curve inverted, sending investors into a sell-off frenzy.
Investors Real Estate Trust (IRET) CEO Mark Decker on Q2 2019 Results - Earnings Call Transcript
Investors Real Estate Trust (IRET) CEO Mark Decker on Q1 2019 Results - Earnings Call Transcript
About CSR
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of September 30, 2020, we owned interests in 67 apartment communities consisting of 11,910 apartment homes. IRET's common shares and Series C preferred shares are publicly traded on the New York Stock Exchange (NYSE symbols: IRET and IRET PC, respectively).
| Industry Other Financial Vehicles | Founded 1970 |
| CEO Mark Decker | Employees 361 |
| Stock Exchange NYSE | Ticker Symbol CSR |
Financial Performance
In 2019, Centerspace's revenue was $185.76 million, an increase of 9.43% compared to the previous year's $169.75 million. Earnings were $78.67 million, a decrease of -32.64%.
Analyst Forecasts
According to 9 analysts, the average rating for Centerspace stock is "Buy." The 12-month stock price forecast is 76.38, which is an increase of 4.54% from the latest price.