Centerspace (CSR)

NYSE: CSR · IEX Real-Time Price · USD
87.53
+0.53 (0.61%)
Aug 11, 2022 4:00 PM EDT - Market closed
0.61%
Market Cap 1.43B
Revenue (ttm) 231.83M
Net Income (ttm) -34.71M
Shares Out 16.37M
EPS (ttm) -0.72
PE Ratio n/a
Forward PE n/a
Dividend $2.90 (3.31%)
Ex-Dividend Date Jun 29, 2022
Volume 46,901
Open 87.71
Previous Close 87.00
Day's Range 86.78 - 88.74
52-Week Range 74.99 - 112.27
Beta 0.92
Analysts Buy
Price Target 98.15 (+12.1%)
Earnings Date Aug 1, 2022

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, 2021, Centerspace owned 62 apartment communities consisting of 11,579 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2021 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com. [Read more...]

Industry Electronic Equipment, Instruments & Components
Founded 1970
CEO Mark Decker
Employees 394
Stock Exchange NYSE
Ticker Symbol CSR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for CSR stock is "Buy." The 12-month stock price forecast is 98.15, which is an increase of 12.13% from the latest price.

Price Target
$98.15
(12.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Centerspace (CSR) Q2 FFO and Revenues Top Estimates

Centerspace (CSR) delivered FFO and revenue surprises of 1.82% and 1.39%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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 Income,...

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. C...

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, 2...

Centerspace (CSR) Misses Q1 FFO Estimates

Centerspace (CSR) delivered FFO and revenue surprises of -7.55% and 2.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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 fr...

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. Co...

Strength Seen in Centerspace (CSR): Can Its 3.4% Jump Turn into More Strength?

Centerspace (CSR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Why Centerspace (CSR) Stock Might be a Great Pick

Centerspace (CSR) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

Centerspace (CSR) Q4 FFO and Revenues Surpass Estimates

Centerspace (CSR) delivered FFO and revenue surprises of 4.85% and 4.28%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Centerspace Announces Financial and Operating Results for the Year Ended December 31, 2021 and Provides 2022 Financia...

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), Fund...

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, 2022....

CENTERSPACE ANNOUNCES MINNEAPOLIS INVESTMENT ACTIVITY

MINNEAPOLIS, Jan. 27, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that is has acquired Noko Apartments in Minneapolis, Minnesota for an aggregate purchase price of $46.4 million. Center...

CENTERSPACE ANNOUNCES 2021 DIVIDEND ALLOCATIONS

MINNEAPOLIS, Jan. 24, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2021 distributions on its common and preferred shares of beneficial...

CENTERSPACE ANNOUNCES BOARD OF TRUSTEES APPOINTMENTS

MINNEAPOLIS, Jan. 18, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the appointment of Rodney Jones-Tyson as Trustee, the addition of Bob Levine as a non-voting observer to the Board of T...

iSun Publishes 2021 ESG Update & Launches 2022 ESG Strategy

WILLISTON, Vt.--(BUSINESS WIRE)---- $CSR #cleanenergy--iSun Publishes 2021 ESG Update & Launches 2022 ESG Strategy

CENTERSPACE WELCOMES NEW CHIEF FINANCIAL OFFICER

MINNEAPOLIS, Jan. 11, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that Bhairav Patel has been appointed as the Chief Financial Officer of the Company. He succeeds John Kirchmann who ann...

CENTERSPACE ANNOUNCES INVESTMENT ACTIVITY IN MINNEAPOLIS AND DENVER

MINNEAPOLIS, Jan. 5, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced that it closed on the acquisition of a portfolio of three communities in Minneapolis and one community in Denver for an aggreg...

Centerspace Announces Distributions For The 4th Quarter Of Calendar Year 2021

MINNEAPOLIS, Dec. 3, 2021 /PRNewswire/ -- NYSE: CSR. Centerspace's Board of Trustees announced today that it has declared a regular quarterly distribution of $0.72 per share/unit, payable on January 14,...

Centerspace (CSR): Strong Industry, Solid Earnings Estimate Revisions

Centerspace (CSR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Centerspace (CSR) Upgraded to Buy: Here's What You Should Know

Centerspace (CSR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Centerspace Announces CFO Transition

MINNEAPOLIS, Nov. 8, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that Bhairav Patel is joining the Company as Executive Vice President and will transition into the role of Chief Financi...

Centerspace (CSR) Q3 FFO and Revenues Top Estimates

Centerspace (CSR) delivered FFO and revenue surprises of 2.08% and 4.03%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Centerspace Reports Third Quarter 2021 Financial Results and Increases Financial Outlook

MINNEAPOLIS, Nov. 1, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and nine months ended September 30, 2021. The tables below show Net In...

Centerspace Announces Dates For The Earnings Release And Conference Call For The Third Quarter Of 2021

MINNEAPOLIS, Oct. 12, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its third quarter 2021 operating results after the market closes on Monday, November 1, 2021.   Conferen...