Centerspace (CSR)

NYSE: CSR · IEX Real-Time Price · USD
60.34
+0.59 (0.99%)
Sep 22, 2023, 4:00 PM EDT - Market closed
0.99%
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]

Sector Real Estate
Founded 1970
Employees 421
Stock Exchange NYSE
Ticker Symbol CSR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$68.5
(13.52% upside)
Analyst Consensus: Hold
Stock Forecasts

News

CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND

MINNEAPOLIS , Sept. 1, 2023 /PRNewswire/ -- NYSE: CSR.

22 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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.

2 months ago - PRNewsWire

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. ...

2 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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)...

5 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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....

1 year ago - PRNewsWire

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,...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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. ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire