View ValuationCenterspace 将来の成長Future 基準チェック /06Centerspaceの収益は年間56.9%で減少すると予測されていますが、年間収益は年間1.4%で増加すると予測されています。EPS は年間 減少すると予測されています。自己資本利益率は 3 年後に-0.3% 94.4%なると予測されています。主要情報-56.9%収益成長率-94.41%EPS成長率Residential REITs 収益成長0%収益成長率1.4%将来の株主資本利益率-0.27%アナリストカバレッジGood最終更新日14 May 2026今後の成長に関する最新情報お知らせ • May 06Centerspace Updates Earnings Guidance for the Year 2026Centerspace updated earnings guidance for the year 2026. For the year, the company expects net loss per share - diluted to be in the range of $0.95 to $0.66 against previous guidance of $0.49 to $0.19. Same-Store Revenue of 0.00% to 1.75% compared to previous guidance of 0.00% to 1.75%.お知らせ • Feb 18Centerspace Provides Earnings Guidance for the Fiscal Year 2026Centerspace provided earnings guidance for the fiscal year 2026. For the year, the company expected diluted net loss per share to be $0.49 to $0.19.お知らせ • Nov 04Centerspace Updates Earnings Guidance for the Year 2025Centerspace updated earnings guidance for the year 2025. For the year, the company expects the Net income per Share – diluted of $1.97 to $2.19 as compared to previous guidance of $2.50 to $2.76. Same-Store Revenue of 2.00% to 2.50% compared to previous guidance of 2.00% to 3.00%.お知らせ • Aug 05+ 1 more updateCenterspace Updates Earnings Guidance for the Year 2025Centerspace updated earnings guidance for the year 2025. For the year 2025, the company now expects net profit per diluted share to be $2.50 to $2.76 against net loss per diluted share of $0.71 to $0.45 in previous outlook. Same-store revenue is expected to be 2.00% to 3.00% against previous guidance of 1.50% to 3.50%.お知らせ • Feb 19+ 1 more updateCenterspace Provides Earnings Guidance for the Year 2025Centerspace provided earnings guidance for the year 2025. For the year 2025, the company expected net loss per diluted share to be $0.71 to $0.45.お知らせ • Oct 29Centerspace Revises Earnings Guidance for the Year 2024Centerspace revised earnings guidance for the year 2024. For the year 2024, the company expected net income per share - diluted to be $1.21 to $1.06 as compared to previous guidance of $1.21 to $1.01. Same-store revenue is expected to be 3.00% to 3.50% against previous guidance of 3.25% to 4.25%.すべての更新を表示Recent updatesお知らせ • May 06Centerspace Updates Earnings Guidance for the Year 2026Centerspace updated earnings guidance for the year 2026. For the year, the company expects net loss per share - diluted to be in the range of $0.95 to $0.66 against previous guidance of $0.49 to $0.19. Same-Store Revenue of 0.00% to 1.75% compared to previous guidance of 0.00% to 1.75%.お知らせ • Apr 10Centerspace to Report Q1, 2026 Results on May 04, 2026Centerspace announced that they will report Q1, 2026 results After-Market on May 04, 2026お知らせ • Mar 12+ 1 more updateCenterspace, Annual General Meeting, May 13, 2026Centerspace, Annual General Meeting, May 13, 2026.お知らせ • Feb 19Centerspace announces Quarterly dividend, payable on April 14, 2026Centerspace announced Quarterly dividend of USD 0.7700 per share payable on April 14, 2026, ex-date on March 30, 2026 and record date on March 30, 2026.お知らせ • Feb 18Centerspace Provides Earnings Guidance for the Fiscal Year 2026Centerspace provided earnings guidance for the fiscal year 2026. For the year, the company expected diluted net loss per share to be $0.49 to $0.19.お知らせ • Jan 28Centerspace to Report Q4, 2025 Results on Feb 17, 2026Centerspace announced that they will report Q4, 2025 results After-Market on Feb 17, 2026お知らせ • Dec 02Centerspace Announces Quarterly Dividend, Payable on January 12, 2026Centerspace announced that its Board of Trustees has declared a regular quarterly distribution of $0.77 per share/unit, payable on January 12, 2026, to common shareholders and unitholders of record at the close of business on December 30, 2025.お知らせ • Nov 04Centerspace Updates Earnings Guidance for the Year 2025Centerspace updated earnings guidance for the year 2025. For the year, the company expects the Net income per Share – diluted of $1.97 to $2.19 as compared to previous guidance of $2.50 to $2.76. Same-Store Revenue of 2.00% to 2.50% compared to previous guidance of 2.00% to 3.00%.お知らせ • Oct 08Centerspace to Report Q3, 2025 Results on Nov 03, 2025Centerspace announced that they will report Q3, 2025 results After-Market on Nov 03, 2025お知らせ • Sep 03Centerspace Announces Quarterly Dividend, Payable on October 10, 2025Centerspace's Board of Trustees has declared a regular quarterly distribution of $0.77 per share/unit, payable on October 10, 2025, to common shareholders and unitholders of record at the close of business on September 29, 2025.お知らせ • Aug 05+ 1 more updateCenterspace Updates Earnings Guidance for the Year 2025Centerspace updated earnings guidance for the year 2025. For the year 2025, the company now expects net profit per diluted share to be $2.50 to $2.76 against net loss per diluted share of $0.71 to $0.45 in previous outlook. Same-store revenue is expected to be 2.00% to 3.00% against previous guidance of 1.50% to 3.50%.お知らせ • Jul 09Centerspace to Report Q2, 2025 Results on Aug 04, 2025Centerspace announced that they will report Q2, 2025 results After-Market on Aug 04, 2025お知らせ • Jun 03+ 1 more updateCenterspace (NYSE:CSR) acquired Sugarmont, a 341-home community in Salt Lake City, Utah for approximately $150 million.Centerspace (NYSE:CSR) acquired Sugarmont, a 341-home community in Salt Lake City, Utah for approximately $150 million on May 30, 2025. A consideration of $149 million will be paid by Centerspace towards assets of Sugarmont, a 341-home community in Salt Lake City, Utah. Centerspace (NYSE:CSR) completed the acquisition of Sugarmont, a 341-home community in Salt Lake City, Utah on May 30, 2025.お知らせ • Apr 02Centerspace to Report Q1, 2025 Results on May 01, 2025Centerspace announced that they will report Q1, 2025 results After-Market on May 01, 2025お知らせ • Mar 17Centerspace, Annual General Meeting, May 14, 2025Centerspace, Annual General Meeting, May 14, 2025.お知らせ • Mar 14Centerspace Announces Retirement of Jeff Caira as Trustee, Chair of the Nominating and Governance Committee and Member of the Audit Committee, Effective on May 14, 2025Centerspace announced that Jeff Caira, a member of the Company's Board of Trustees, will retire as a trustee, chair of the Nominating and Governance Committee and member of the Audit Committee effective upon the expiration of his annual term at the conclusion of the 2025 Annual Meeting of Shareholders to be held on May 14, 2025.お知らせ • Feb 19+ 1 more updateCenterspace Provides Earnings Guidance for the Year 2025Centerspace provided earnings guidance for the year 2025. For the year 2025, the company expected net loss per diluted share to be $0.71 to $0.45.お知らせ • Jan 28Centerspace to Report Q4, 2024 Results on Feb 18, 2025Centerspace announced that they will report Q4, 2024 results After-Market on Feb 18, 2025お知らせ • Dec 03Centerspace Declares A Regular Quarterly Distribution, Payable on January 13, 2025Centerspace's Board of Trustees announced that it has declared a regular quarterly distribution of $0.75 per share/unit, payable on January 13, 2025, to common shareholders and unitholders of record at the close of business on December 30, 2024.Reported Earnings • Oct 29Third quarter 2024 earnings released: US$0.40 loss per share (vs US$0.41 profit in 3Q 2023)Third quarter 2024 results: US$0.40 loss per share (down from US$0.41 profit in 3Q 2023). Revenue: US$65.0m (flat on 3Q 2023). Net loss: US$6.17m (down 200% from profit in 3Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Oct 29Centerspace Revises Earnings Guidance for the Year 2024Centerspace revised earnings guidance for the year 2024. For the year 2024, the company expected net income per share - diluted to be $1.21 to $1.06 as compared to previous guidance of $1.21 to $1.01. Same-store revenue is expected to be 3.00% to 3.50% against previous guidance of 3.25% to 4.25%.お知らせ • Oct 08Centerspace to Report Q3, 2024 Results on Oct 28, 2024Centerspace announced that they will report Q3, 2024 results After-Market on Oct 28, 2024Upcoming Dividend • Sep 23Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 30 September 2024. Payment date: 10 October 2024. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.0%).Declared Dividend • Sep 09Second quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 30th September 2024 Payment date: 10th October 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.8%.New Risk • Sep 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Currently unprofitable and not forecast to become profitable over next 2 years (US$13m net loss in 2 years).お知らせ • Sep 04Centerspace Declares Regular Quarterly Distribution, Payable on October 10, 2024Centerspace's Board of Trustees announced that it has declared a regular quarterly distribution of $0.75 per share/unit, payable on October 10, 2024, to common shareholders and unitholders of record at the close of business on September 30, 2024.Board Change • Aug 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Board of Trustee Jay Rosenberg was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 30Second quarter 2024 earnings released: US$0.19 loss per share (vs US$0.23 loss in 2Q 2023)Second quarter 2024 results: US$0.19 loss per share (improved from US$0.23 loss in 2Q 2023). Revenue: US$65.0m (flat on 2Q 2023). Net loss: US$2.90m (loss narrowed 16% from 2Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Jul 09Centerspace Appoints Jay Rosenberg to Its Board of Trustees and Nominating and Corporate Governance CommitteeCenterspace announced the appointment of Jay Rosenberg to its Board of Trustees on July 8, 2024. Mr. Rosenberg will also serve on Centerspace's Nominating and Corporate Governance Committee. Mr. Rosenberg recently retired as Head of Public Real Assets for Nuveen, where he oversaw strategy, investment process and performance of the firm's listed real assets platform while also serving as a member of Nuveen's global investment committee. Additionally, he served as a portfolio manager on Nuveen's public global infrastructure, real asset income, real estate securities and global real estate securities strategies, most of which were created under his leadership. Jay's investment management career at Nuveen spanned over 19 years and he has been involved in investment management and real estate related occupations for almost three decades. Jay earned a bachelor's degree from the University of Wisconsin – Madison and a master's degree in Urban Planning and Public Policy from the University of Illinois at Chicago.Declared Dividend • Jun 10First quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 28th June 2024 Payment date: 10th July 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.8%.お知らせ • Jun 05Centerspace Announces Regular Quarterly Dividend, Payable on July 10, 2024Centerspace's Board of Trustees announced that it has declared a regular quarterly distribution of $0.75 per share/unit, payable on July 10, 2024, to common shareholders and unitholders of record at the close of business on June 28, 2024.New Risk • May 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 14% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Currently unprofitable and not forecast to become profitable over next 2 years (US$18m net loss in 2 years).New Risk • May 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Currently unprofitable and not forecast to become profitable over next 2 years (US$18m net loss in 2 years).Reported Earnings • Apr 30First quarter 2024 earnings released: US$0.37 loss per share (vs US$2.79 profit in 1Q 2023)First quarter 2024 results: US$0.37 loss per share (down from US$2.79 profit in 1Q 2023). Revenue: US$64.5m (down 5.0% from 1Q 2023). Net loss: US$5.51m (down 113% from profit in 1Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 10Centerspace, Annual General Meeting, May 20, 2024Centerspace, Annual General Meeting, May 20, 2024, at 12:00 Central Daylight. Agenda: To elect seven nominees named in the Proxy Statement as trustees of the Company, each to serve for a term of one year expiring at the 2025 Annual Meeting of Shareholders or until his or her successor is duly elected and qualified; to hold an advisory vote on executive compensation; to ratify Grant Thornton LLP as independent auditor for the year ending December 31, 2024; and to transact such other business as may properly come before the 2024 Annual Meeting or any adjournment(s) or postponement(s) thereof.お知らせ • Apr 09Centerspace to Report Q1, 2024 Results on Apr 29, 2024Centerspace announced that they will report Q1, 2024 results After-Market on Apr 29, 2024Upcoming Dividend • Mar 20Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 08 April 2024. Trailing yield: 5.5%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (5.6%).Declared Dividend • Feb 26Fourth quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 27th March 2024 Payment date: 8th April 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.8%.お知らせ • Feb 22Centerspace Provides Earnings Guidance for the Year 2024Centerspace provided earnings guidance for the year 2024. For the year 2024, the company expected net loss per share to be $1.31 to $0.99.Reported Earnings • Feb 21Full year 2023 earnings released: EPS: US$2.33 (vs US$1.35 loss in FY 2022)Full year 2023 results: EPS: US$2.33 (up from US$1.35 loss in FY 2022). Revenue: US$261.3m (up 1.8% from FY 2022). Net income: US$34.9m (up US$55.4m from FY 2022). Profit margin: 13% (up from net loss in FY 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Feb 21Centerspace Announces a Quarterly Distribution, Payable on April 8, 2024Centerspace's Board of Trustees announced a quarterly distribution of $0.75 per share/unit, payable on April 8, 2024, to common shareholders and unitholders of record at the close of business on March 28, 2024. The announced distribution represents a $0.02 increase over the prior distribution.お知らせ • Jan 26Centerspace Appoints Ola Oyinsan Hixon to Board of TrusteesCenterspace announced the appointment of Ola Oyinsan Hixon to its Board of Trustees on January 23, 2024. Ms. Hixon is an executive director at PGIM Real Estate and portfolio manager on the U.S. Value-Add equity team where she is responsible for investment strategy, transactions, asset management, and investor relations primarily for the affordable housing and impact fund strategies. Prior to joining PGIM Real Estate, she was a principal at KKR & Co., with responsibility for portfolio and asset management functions of real estate private equity funds with properties located across the country. Previously, Ola worked at The Blackstone Group where she managed the multifamily portfolio company, LivCor, as well as the single-family home portfolio company, Invitation Homes. Earlier, Ola worked at The JBG Companies, UBS, and the investment banking division of Citigroup. Ola earned a bachelor's degree in business administration from The Stephen M. Ross School of Business at the University of Michigan and a master's degree in business administration from The Wharton School of the University of Pennsylvania. Ola serves on ULI's Multifamily Gold Council and is a member of Real Estate Executive Council (REEC). In addition, Hixon serves as a board member of the non-profit City Parks Foundation, which transforms parks into vibrant community centers of urban life for all New Yorkers.お知らせ • Jan 19Centerspace to Report Fiscal Year 2023 Results on Feb 20, 2024Centerspace announced that they will report fiscal year 2023 results After-Market on Feb 20, 2024Upcoming Dividend • Dec 21Upcoming dividend of US$0.73 per share at 5.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).お知らせ • Dec 04Centerspace Announces Declares Regular Quarterly Distribution, Payable on January 12, 2024Centerspace's Board of Trustees announced that it has declared a regular quarterly distribution of $0.73 per share/unit, payable on January 12, 2024, to common shareholders and unitholders of record at the close of business on December 29, 2023.お知らせ • Nov 01An unknown buyer acquired Four non-core apartment communities and associated commercial space in Minot from Centerspace (NYSE:CSR) for $82.5 million.An unknown buyer acquired Four non-core apartment communities and associated commercial space in Minot from Centerspace (NYSE:CSR) for $82.5 million on September 14, 2023.An unknown buyer completed the acquisition of Four non-core apartment communities and associated commercial space in Minot from Centerspace (NYSE:CSR) on September 14, 2023.Reported Earnings • Nov 01Third quarter 2023 earnings released: FFO per share: US$1.4 (vs US$1.39 in 3Q 2022)Third quarter 2023 results: FFO per share: US$1.4 (down from US$1.39 in 3Q 2022). Revenue: US$64.6m (down 1.3% from 3Q 2022). Funds from operations (FFO): US$20.8m (down 1.3% from 3Q 2022). FFO margin: 32% (in line with 3Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.お知らせ • Oct 12Centerspace (NYSE:CSR) acquired Lake Vista Apartment Homes in Loveland, CO for $94.5 million.Centerspace (NYSE:CSR) acquired Lake Vista Apartment Homes in Loveland, CO for $94.5 million on October 11, 2023. The acquisition includes the assumption of $52.7 million of mortgage debt at a rate of 3.45%. The mortgage features interest-only payments through June 2024 and a maturity in June 2026.Centerspace (NYSE:CSR) completed the acquisition of Lake Vista Apartment Homes in Loveland, CO on October 11, 2023.お知らせ • Oct 11Centerspace to Report Q3, 2023 Results on Oct 30, 2023Centerspace announced that they will report Q3, 2023 results After-Market on Oct 30, 2023Upcoming Dividend • Sep 21Upcoming dividend of US$0.73 per share at 5.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 10 October 2023. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (6.0%).お知らせ • Sep 02Centerspace Declares Regular Quarterly Distribution, Payable on October 10, 2023Centerspace's Board of Trustees announced that it has declared a regular quarterly distribution of $0.73 per share/unit, payable on October 10, 2023, to common shareholders and unitholders of record at the close of business on September 29, 2023.Reported Earnings • Aug 01Second quarter 2023 earnings released: US$0.23 loss per share (vs US$0.30 loss in 2Q 2022)Second quarter 2023 results: US$0.23 loss per share (improved from US$0.30 loss in 2Q 2022). Revenue: US$64.8m (up 2.6% from 2Q 2022). Net loss: US$3.47m (loss narrowed 25% from 2Q 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Jul 13Centerspace to Report Q2, 2023 Results on Jul 31, 2023Centerspace announced that they will report Q2, 2023 results After-Market on Jul 31, 2023Upcoming Dividend • Jun 22Upcoming dividend of US$0.73 per share at 4.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 10 July 2023. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.4%).お知らせ • Jun 03Centerspace Announces Regular Quarterly Dividend, Payable on July 10, 2023Centerspace announced that it has declared a regular quarterly distribution of $0.73 per share/unit, payable on July 10, 2023, to common shareholders and unitholders of record at the close of business on June 30, 2023.Buying Opportunity • May 26Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €67.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 3.7% in 2 years. Earnings is forecast to decline by 146% in the next 2 years.Recent Insider Transactions • May 11Trustee recently bought €53k worth of stockOn the 5th of May, Mark Decker bought around 1k shares on-market at roughly €53.41 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €166k more in shares than they have sold in the last 12 months.Reported Earnings • May 02First quarter 2023 earnings released: EPS: US$2.79 (vs US$0.68 loss in 1Q 2022)First quarter 2023 results: EPS: US$2.79 (up from US$0.68 loss in 1Q 2022). Revenue: US$67.9m (up 13% from 1Q 2022). Net income: US$42.0m (up US$52.2m from 1Q 2022). Profit margin: 62% (up from net loss in 1Q 2022). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Breakeven Date Change • Apr 17No longer forecast to breakevenThe 7 analysts covering Centerspace no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$189.7k in 2023. New consensus forecast suggests the company will make a loss of US$4.77m in 2025.Recent Insider Transactions • Apr 05Trustee recently bought €48k worth of stockOn the 29th of March, Mark Decker bought around 1k shares on-market at roughly €48.47 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €214k more in shares than they have sold in the last 12 months.Breakeven Date Change • Mar 10Forecast to breakeven in 2023The 6 analysts covering Centerspace expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$432.7k in 2023. Earnings growth of 32% is required to achieve expected profit on schedule.Reported Earnings • Feb 23Full year 2022 earnings released: FFO per share: US$5.3 (vs US$3.98 in FY 2021)Full year 2022 results: FFO per share: US$5.3 (up from US$3.98 in FY 2021). Revenue: US$256.7m (up 27% from FY 2021). Funds from operations (FFO): US$79.9m (up 46% from FY 2021). FFO margin: 31% (up from 27% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance.Breakeven Date Change • Feb 23Forecast to breakeven in 2024The 6 analysts covering Centerspace expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 56% to 2023. The company is expected to make a profit of US$1.53m in 2024. Average annual earnings growth of 108% is required to achieve expected profit on schedule.お知らせ • Feb 01Centerspace to Report Q4, 2022 Results on Feb 21, 2023Centerspace announced that they will report Q4, 2022 results After-Market on Feb 21, 2023Upcoming Dividend • Dec 22Upcoming dividend of US$0.73 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 12 January 2023. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).Reported Earnings • Nov 02Third quarter 2022 earnings released: FFO per share: US$1.4 (vs US$0.70 in 3Q 2021)Third quarter 2022 results: FFO per share: US$1.4 (up from US$0.70 in 3Q 2021). Revenue: US$65.4m (up 30% from 3Q 2021). Funds from operations (FFO): US$21.0m (up 126% from 3Q 2021). FFO margin: 32% (up from 19% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Sep 22Upcoming dividend of US$0.73 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 11 October 2022. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.4%).Reported Earnings • Aug 02Second quarter 2022 earnings released: US$0.30 loss per share (vs US$1.49 profit in 2Q 2021)Second quarter 2022 results: US$0.30 loss per share (down from US$1.49 profit in 2Q 2021). Revenue: US$63.1m (up 35% from 2Q 2021). Net loss: US$4.60m (down 123% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 12% while the industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jun 22Upcoming dividend of US$0.73 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 11 July 2022. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (4.7%).Recent Insider Transactions • May 07Independent Trustee recently bought €78k worth of stockOn the 5th of May, Michael Dance bought around 1k shares on-market at roughly €78.06 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €101k more in shares than they have sold in the last 12 months.Reported Earnings • May 04First quarter 2022 earnings released: FFO: US$60.3m per share (vs US$1.01 in 1Q 2021)First quarter 2022 results: FFO: US$60.3m per share (up from US$1.01 in 1Q 2021). Revenue: US$60.3m (up 29% from 1Q 2021). Funds from operations (FFO): US$18.5m (up 43% from 1Q 2021). FFO margin: 31% (up from 28% in 1Q 2021). Over the next year, revenue is forecast to grow 15% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 23Upcoming dividend of US$0.73 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 11 April 2022. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.7%).Reported Earnings • Mar 02Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: US$0.47 loss per share (down from US$0.14 loss in FY 2020). Revenue: US$201.7m (up 13% from FY 2020). Net loss: US$6.46m (loss widened 261% from FY 2020). Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 19% while thereits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 22Upcoming dividend of US$0.70 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 12 July 2021. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (3.4%).Executive Departure • May 27Independent Trustee has left the companyOn the 18th of May, Terrance Maxwell's tenure as Independent Trustee ended after 7.5 years in the role. As of March 2021, Terrance personally held 7.10k shares (€415k worth at the time). Terrance is the only executive to leave the company over the last 12 months.Reported Earnings • May 05First quarter 2021 earnings released: FFO US$1.01 per share (vs US$0.73 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$46.6m (up 5.0% from 1Q 2020). Funds from operations (FFO): US$12.9m (up 49% from 1Q 2020). FFO margin: 28% (up from 20% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 24Upcoming dividend of US$0.70 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 12 April 2021. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (3.6%).Is New 90 Day High Low • Mar 09New 90-day high: €61.00The company is up 3.0% from its price of €59.50 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €62.34 per share.Reported Earnings • Feb 24Full year 2020 earnings released: FFO US$3.77 per share (vs US$4.50 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$178.0m (down 4.2% from FY 2019). Funds from operations (FFO): US$47.4m (down 10% from FY 2019). FFO margin: 27% (down from 28% in FY 2019). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Feb 24Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 2.2%, compared to a 47% growth forecast for the REITs industry in Germany.業績と収益の成長予測DB:WXC1 - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2027278-12N/AN/A612/31/2026268-21N/AN/A73/31/202627289494N/A12/31/2025274179898N/A9/30/202527330104104N/A6/30/2025267-29102102N/A3/31/2025264-189999N/A12/31/2024261-209898N/A9/30/2024259-249292N/A6/30/2024258-129191N/A3/31/2024258-139292N/A12/31/2023261359090N/A9/30/202326541100100N/A6/30/202326633103103N/A3/31/202326432102102N/A12/31/2022257-219292N/A9/30/2022247-269797N/A6/30/2022232-358888N/A3/31/2022215-108181N/A12/31/2021202-68484N/A9/30/2021189-47070N/A6/30/2021183256767N/A3/31/202118007070N/A12/31/2020178-26161N/A9/30/2020178516565N/A6/30/2020182636666N/A3/31/2020185707070N/A12/31/201918672N/A70N/A9/30/201918841N/A69N/A6/30/201918612N/A60N/A3/31/2019185-12N/A63N/A12/31/2018183-14N/A60N/A10/31/2018178-41N/A48N/A7/31/2018175-43N/A47N/A4/30/2018170-60N/A55N/A1/31/2018167-41N/A61N/A10/31/2017164-35N/A66N/A7/31/2017151-33N/A74N/A4/30/2017160-45N/A79N/A1/31/2017167-37N/A75N/A10/31/2016175-32N/A68N/A7/31/2016193-29N/A57N/A4/30/2016146-7N/A72N/A1/31/2016166-3N/A80N/A10/31/20151702N/A96N/A7/31/20151758N/A116N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: WXC1の収益は今後 3 年間で減少すると予測されています (年間-56.9% )。収益対市場: WXC1の収益は今後 3 年間で減少すると予測されています (年間-56.9% )。高成長収益: WXC1の収益は今後 3 年間で減少すると予測されています。収益対市場: WXC1の収益 ( 1.4% ) German市場 ( 6.8% ) よりも低い成長が予測されています。高い収益成長: WXC1の収益 ( 1.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: WXC1 3 年以内に赤字になると予測されています。成長企業の発掘7D1Y7D1Y7D1YReal-estate 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 12:56終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Centerspace 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Amanda SweitzerBairdRobert StevensonBrean Capital Historical (Janney Montgomery)Gaurav MehtaB. Riley Securities, Inc.12 その他のアナリストを表示
お知らせ • May 06Centerspace Updates Earnings Guidance for the Year 2026Centerspace updated earnings guidance for the year 2026. For the year, the company expects net loss per share - diluted to be in the range of $0.95 to $0.66 against previous guidance of $0.49 to $0.19. Same-Store Revenue of 0.00% to 1.75% compared to previous guidance of 0.00% to 1.75%.
お知らせ • Feb 18Centerspace Provides Earnings Guidance for the Fiscal Year 2026Centerspace provided earnings guidance for the fiscal year 2026. For the year, the company expected diluted net loss per share to be $0.49 to $0.19.
お知らせ • Nov 04Centerspace Updates Earnings Guidance for the Year 2025Centerspace updated earnings guidance for the year 2025. For the year, the company expects the Net income per Share – diluted of $1.97 to $2.19 as compared to previous guidance of $2.50 to $2.76. Same-Store Revenue of 2.00% to 2.50% compared to previous guidance of 2.00% to 3.00%.
お知らせ • Aug 05+ 1 more updateCenterspace Updates Earnings Guidance for the Year 2025Centerspace updated earnings guidance for the year 2025. For the year 2025, the company now expects net profit per diluted share to be $2.50 to $2.76 against net loss per diluted share of $0.71 to $0.45 in previous outlook. Same-store revenue is expected to be 2.00% to 3.00% against previous guidance of 1.50% to 3.50%.
お知らせ • Feb 19+ 1 more updateCenterspace Provides Earnings Guidance for the Year 2025Centerspace provided earnings guidance for the year 2025. For the year 2025, the company expected net loss per diluted share to be $0.71 to $0.45.
お知らせ • Oct 29Centerspace Revises Earnings Guidance for the Year 2024Centerspace revised earnings guidance for the year 2024. For the year 2024, the company expected net income per share - diluted to be $1.21 to $1.06 as compared to previous guidance of $1.21 to $1.01. Same-store revenue is expected to be 3.00% to 3.50% against previous guidance of 3.25% to 4.25%.
お知らせ • May 06Centerspace Updates Earnings Guidance for the Year 2026Centerspace updated earnings guidance for the year 2026. For the year, the company expects net loss per share - diluted to be in the range of $0.95 to $0.66 against previous guidance of $0.49 to $0.19. Same-Store Revenue of 0.00% to 1.75% compared to previous guidance of 0.00% to 1.75%.
お知らせ • Apr 10Centerspace to Report Q1, 2026 Results on May 04, 2026Centerspace announced that they will report Q1, 2026 results After-Market on May 04, 2026
お知らせ • Mar 12+ 1 more updateCenterspace, Annual General Meeting, May 13, 2026Centerspace, Annual General Meeting, May 13, 2026.
お知らせ • Feb 19Centerspace announces Quarterly dividend, payable on April 14, 2026Centerspace announced Quarterly dividend of USD 0.7700 per share payable on April 14, 2026, ex-date on March 30, 2026 and record date on March 30, 2026.
お知らせ • Feb 18Centerspace Provides Earnings Guidance for the Fiscal Year 2026Centerspace provided earnings guidance for the fiscal year 2026. For the year, the company expected diluted net loss per share to be $0.49 to $0.19.
お知らせ • Jan 28Centerspace to Report Q4, 2025 Results on Feb 17, 2026Centerspace announced that they will report Q4, 2025 results After-Market on Feb 17, 2026
お知らせ • Dec 02Centerspace Announces Quarterly Dividend, Payable on January 12, 2026Centerspace announced that its Board of Trustees has declared a regular quarterly distribution of $0.77 per share/unit, payable on January 12, 2026, to common shareholders and unitholders of record at the close of business on December 30, 2025.
お知らせ • Nov 04Centerspace Updates Earnings Guidance for the Year 2025Centerspace updated earnings guidance for the year 2025. For the year, the company expects the Net income per Share – diluted of $1.97 to $2.19 as compared to previous guidance of $2.50 to $2.76. Same-Store Revenue of 2.00% to 2.50% compared to previous guidance of 2.00% to 3.00%.
お知らせ • Oct 08Centerspace to Report Q3, 2025 Results on Nov 03, 2025Centerspace announced that they will report Q3, 2025 results After-Market on Nov 03, 2025
お知らせ • Sep 03Centerspace Announces Quarterly Dividend, Payable on October 10, 2025Centerspace's Board of Trustees has declared a regular quarterly distribution of $0.77 per share/unit, payable on October 10, 2025, to common shareholders and unitholders of record at the close of business on September 29, 2025.
お知らせ • Aug 05+ 1 more updateCenterspace Updates Earnings Guidance for the Year 2025Centerspace updated earnings guidance for the year 2025. For the year 2025, the company now expects net profit per diluted share to be $2.50 to $2.76 against net loss per diluted share of $0.71 to $0.45 in previous outlook. Same-store revenue is expected to be 2.00% to 3.00% against previous guidance of 1.50% to 3.50%.
お知らせ • Jul 09Centerspace to Report Q2, 2025 Results on Aug 04, 2025Centerspace announced that they will report Q2, 2025 results After-Market on Aug 04, 2025
お知らせ • Jun 03+ 1 more updateCenterspace (NYSE:CSR) acquired Sugarmont, a 341-home community in Salt Lake City, Utah for approximately $150 million.Centerspace (NYSE:CSR) acquired Sugarmont, a 341-home community in Salt Lake City, Utah for approximately $150 million on May 30, 2025. A consideration of $149 million will be paid by Centerspace towards assets of Sugarmont, a 341-home community in Salt Lake City, Utah. Centerspace (NYSE:CSR) completed the acquisition of Sugarmont, a 341-home community in Salt Lake City, Utah on May 30, 2025.
お知らせ • Apr 02Centerspace to Report Q1, 2025 Results on May 01, 2025Centerspace announced that they will report Q1, 2025 results After-Market on May 01, 2025
お知らせ • Mar 17Centerspace, Annual General Meeting, May 14, 2025Centerspace, Annual General Meeting, May 14, 2025.
お知らせ • Mar 14Centerspace Announces Retirement of Jeff Caira as Trustee, Chair of the Nominating and Governance Committee and Member of the Audit Committee, Effective on May 14, 2025Centerspace announced that Jeff Caira, a member of the Company's Board of Trustees, will retire as a trustee, chair of the Nominating and Governance Committee and member of the Audit Committee effective upon the expiration of his annual term at the conclusion of the 2025 Annual Meeting of Shareholders to be held on May 14, 2025.
お知らせ • Feb 19+ 1 more updateCenterspace Provides Earnings Guidance for the Year 2025Centerspace provided earnings guidance for the year 2025. For the year 2025, the company expected net loss per diluted share to be $0.71 to $0.45.
お知らせ • Jan 28Centerspace to Report Q4, 2024 Results on Feb 18, 2025Centerspace announced that they will report Q4, 2024 results After-Market on Feb 18, 2025
お知らせ • Dec 03Centerspace Declares A Regular Quarterly Distribution, Payable on January 13, 2025Centerspace's Board of Trustees announced that it has declared a regular quarterly distribution of $0.75 per share/unit, payable on January 13, 2025, to common shareholders and unitholders of record at the close of business on December 30, 2024.
Reported Earnings • Oct 29Third quarter 2024 earnings released: US$0.40 loss per share (vs US$0.41 profit in 3Q 2023)Third quarter 2024 results: US$0.40 loss per share (down from US$0.41 profit in 3Q 2023). Revenue: US$65.0m (flat on 3Q 2023). Net loss: US$6.17m (down 200% from profit in 3Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Oct 29Centerspace Revises Earnings Guidance for the Year 2024Centerspace revised earnings guidance for the year 2024. For the year 2024, the company expected net income per share - diluted to be $1.21 to $1.06 as compared to previous guidance of $1.21 to $1.01. Same-store revenue is expected to be 3.00% to 3.50% against previous guidance of 3.25% to 4.25%.
お知らせ • Oct 08Centerspace to Report Q3, 2024 Results on Oct 28, 2024Centerspace announced that they will report Q3, 2024 results After-Market on Oct 28, 2024
Upcoming Dividend • Sep 23Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 30 September 2024. Payment date: 10 October 2024. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.0%).
Declared Dividend • Sep 09Second quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 30th September 2024 Payment date: 10th October 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.8%.
New Risk • Sep 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Currently unprofitable and not forecast to become profitable over next 2 years (US$13m net loss in 2 years).
お知らせ • Sep 04Centerspace Declares Regular Quarterly Distribution, Payable on October 10, 2024Centerspace's Board of Trustees announced that it has declared a regular quarterly distribution of $0.75 per share/unit, payable on October 10, 2024, to common shareholders and unitholders of record at the close of business on September 30, 2024.
Board Change • Aug 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Board of Trustee Jay Rosenberg was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 30Second quarter 2024 earnings released: US$0.19 loss per share (vs US$0.23 loss in 2Q 2023)Second quarter 2024 results: US$0.19 loss per share (improved from US$0.23 loss in 2Q 2023). Revenue: US$65.0m (flat on 2Q 2023). Net loss: US$2.90m (loss narrowed 16% from 2Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Jul 09Centerspace Appoints Jay Rosenberg to Its Board of Trustees and Nominating and Corporate Governance CommitteeCenterspace announced the appointment of Jay Rosenberg to its Board of Trustees on July 8, 2024. Mr. Rosenberg will also serve on Centerspace's Nominating and Corporate Governance Committee. Mr. Rosenberg recently retired as Head of Public Real Assets for Nuveen, where he oversaw strategy, investment process and performance of the firm's listed real assets platform while also serving as a member of Nuveen's global investment committee. Additionally, he served as a portfolio manager on Nuveen's public global infrastructure, real asset income, real estate securities and global real estate securities strategies, most of which were created under his leadership. Jay's investment management career at Nuveen spanned over 19 years and he has been involved in investment management and real estate related occupations for almost three decades. Jay earned a bachelor's degree from the University of Wisconsin – Madison and a master's degree in Urban Planning and Public Policy from the University of Illinois at Chicago.
Declared Dividend • Jun 10First quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 28th June 2024 Payment date: 10th July 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.8%.
お知らせ • Jun 05Centerspace Announces Regular Quarterly Dividend, Payable on July 10, 2024Centerspace's Board of Trustees announced that it has declared a regular quarterly distribution of $0.75 per share/unit, payable on July 10, 2024, to common shareholders and unitholders of record at the close of business on June 28, 2024.
New Risk • May 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 14% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Currently unprofitable and not forecast to become profitable over next 2 years (US$18m net loss in 2 years).
New Risk • May 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Currently unprofitable and not forecast to become profitable over next 2 years (US$18m net loss in 2 years).
Reported Earnings • Apr 30First quarter 2024 earnings released: US$0.37 loss per share (vs US$2.79 profit in 1Q 2023)First quarter 2024 results: US$0.37 loss per share (down from US$2.79 profit in 1Q 2023). Revenue: US$64.5m (down 5.0% from 1Q 2023). Net loss: US$5.51m (down 113% from profit in 1Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 10Centerspace, Annual General Meeting, May 20, 2024Centerspace, Annual General Meeting, May 20, 2024, at 12:00 Central Daylight. Agenda: To elect seven nominees named in the Proxy Statement as trustees of the Company, each to serve for a term of one year expiring at the 2025 Annual Meeting of Shareholders or until his or her successor is duly elected and qualified; to hold an advisory vote on executive compensation; to ratify Grant Thornton LLP as independent auditor for the year ending December 31, 2024; and to transact such other business as may properly come before the 2024 Annual Meeting or any adjournment(s) or postponement(s) thereof.
お知らせ • Apr 09Centerspace to Report Q1, 2024 Results on Apr 29, 2024Centerspace announced that they will report Q1, 2024 results After-Market on Apr 29, 2024
Upcoming Dividend • Mar 20Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 08 April 2024. Trailing yield: 5.5%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (5.6%).
Declared Dividend • Feb 26Fourth quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 27th March 2024 Payment date: 8th April 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.8%.
お知らせ • Feb 22Centerspace Provides Earnings Guidance for the Year 2024Centerspace provided earnings guidance for the year 2024. For the year 2024, the company expected net loss per share to be $1.31 to $0.99.
Reported Earnings • Feb 21Full year 2023 earnings released: EPS: US$2.33 (vs US$1.35 loss in FY 2022)Full year 2023 results: EPS: US$2.33 (up from US$1.35 loss in FY 2022). Revenue: US$261.3m (up 1.8% from FY 2022). Net income: US$34.9m (up US$55.4m from FY 2022). Profit margin: 13% (up from net loss in FY 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Feb 21Centerspace Announces a Quarterly Distribution, Payable on April 8, 2024Centerspace's Board of Trustees announced a quarterly distribution of $0.75 per share/unit, payable on April 8, 2024, to common shareholders and unitholders of record at the close of business on March 28, 2024. The announced distribution represents a $0.02 increase over the prior distribution.
お知らせ • Jan 26Centerspace Appoints Ola Oyinsan Hixon to Board of TrusteesCenterspace announced the appointment of Ola Oyinsan Hixon to its Board of Trustees on January 23, 2024. Ms. Hixon is an executive director at PGIM Real Estate and portfolio manager on the U.S. Value-Add equity team where she is responsible for investment strategy, transactions, asset management, and investor relations primarily for the affordable housing and impact fund strategies. Prior to joining PGIM Real Estate, she was a principal at KKR & Co., with responsibility for portfolio and asset management functions of real estate private equity funds with properties located across the country. Previously, Ola worked at The Blackstone Group where she managed the multifamily portfolio company, LivCor, as well as the single-family home portfolio company, Invitation Homes. Earlier, Ola worked at The JBG Companies, UBS, and the investment banking division of Citigroup. Ola earned a bachelor's degree in business administration from The Stephen M. Ross School of Business at the University of Michigan and a master's degree in business administration from The Wharton School of the University of Pennsylvania. Ola serves on ULI's Multifamily Gold Council and is a member of Real Estate Executive Council (REEC). In addition, Hixon serves as a board member of the non-profit City Parks Foundation, which transforms parks into vibrant community centers of urban life for all New Yorkers.
お知らせ • Jan 19Centerspace to Report Fiscal Year 2023 Results on Feb 20, 2024Centerspace announced that they will report fiscal year 2023 results After-Market on Feb 20, 2024
Upcoming Dividend • Dec 21Upcoming dividend of US$0.73 per share at 5.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).
お知らせ • Dec 04Centerspace Announces Declares Regular Quarterly Distribution, Payable on January 12, 2024Centerspace's Board of Trustees announced that it has declared a regular quarterly distribution of $0.73 per share/unit, payable on January 12, 2024, to common shareholders and unitholders of record at the close of business on December 29, 2023.
お知らせ • Nov 01An unknown buyer acquired Four non-core apartment communities and associated commercial space in Minot from Centerspace (NYSE:CSR) for $82.5 million.An unknown buyer acquired Four non-core apartment communities and associated commercial space in Minot from Centerspace (NYSE:CSR) for $82.5 million on September 14, 2023.An unknown buyer completed the acquisition of Four non-core apartment communities and associated commercial space in Minot from Centerspace (NYSE:CSR) on September 14, 2023.
Reported Earnings • Nov 01Third quarter 2023 earnings released: FFO per share: US$1.4 (vs US$1.39 in 3Q 2022)Third quarter 2023 results: FFO per share: US$1.4 (down from US$1.39 in 3Q 2022). Revenue: US$64.6m (down 1.3% from 3Q 2022). Funds from operations (FFO): US$20.8m (down 1.3% from 3Q 2022). FFO margin: 32% (in line with 3Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.
お知らせ • Oct 12Centerspace (NYSE:CSR) acquired Lake Vista Apartment Homes in Loveland, CO for $94.5 million.Centerspace (NYSE:CSR) acquired Lake Vista Apartment Homes in Loveland, CO for $94.5 million on October 11, 2023. The acquisition includes the assumption of $52.7 million of mortgage debt at a rate of 3.45%. The mortgage features interest-only payments through June 2024 and a maturity in June 2026.Centerspace (NYSE:CSR) completed the acquisition of Lake Vista Apartment Homes in Loveland, CO on October 11, 2023.
お知らせ • Oct 11Centerspace to Report Q3, 2023 Results on Oct 30, 2023Centerspace announced that they will report Q3, 2023 results After-Market on Oct 30, 2023
Upcoming Dividend • Sep 21Upcoming dividend of US$0.73 per share at 5.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 10 October 2023. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (6.0%).
お知らせ • Sep 02Centerspace Declares Regular Quarterly Distribution, Payable on October 10, 2023Centerspace's Board of Trustees announced that it has declared a regular quarterly distribution of $0.73 per share/unit, payable on October 10, 2023, to common shareholders and unitholders of record at the close of business on September 29, 2023.
Reported Earnings • Aug 01Second quarter 2023 earnings released: US$0.23 loss per share (vs US$0.30 loss in 2Q 2022)Second quarter 2023 results: US$0.23 loss per share (improved from US$0.30 loss in 2Q 2022). Revenue: US$64.8m (up 2.6% from 2Q 2022). Net loss: US$3.47m (loss narrowed 25% from 2Q 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 13Centerspace to Report Q2, 2023 Results on Jul 31, 2023Centerspace announced that they will report Q2, 2023 results After-Market on Jul 31, 2023
Upcoming Dividend • Jun 22Upcoming dividend of US$0.73 per share at 4.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 10 July 2023. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.4%).
お知らせ • Jun 03Centerspace Announces Regular Quarterly Dividend, Payable on July 10, 2023Centerspace announced that it has declared a regular quarterly distribution of $0.73 per share/unit, payable on July 10, 2023, to common shareholders and unitholders of record at the close of business on June 30, 2023.
Buying Opportunity • May 26Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €67.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 3.7% in 2 years. Earnings is forecast to decline by 146% in the next 2 years.
Recent Insider Transactions • May 11Trustee recently bought €53k worth of stockOn the 5th of May, Mark Decker bought around 1k shares on-market at roughly €53.41 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €166k more in shares than they have sold in the last 12 months.
Reported Earnings • May 02First quarter 2023 earnings released: EPS: US$2.79 (vs US$0.68 loss in 1Q 2022)First quarter 2023 results: EPS: US$2.79 (up from US$0.68 loss in 1Q 2022). Revenue: US$67.9m (up 13% from 1Q 2022). Net income: US$42.0m (up US$52.2m from 1Q 2022). Profit margin: 62% (up from net loss in 1Q 2022). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Breakeven Date Change • Apr 17No longer forecast to breakevenThe 7 analysts covering Centerspace no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$189.7k in 2023. New consensus forecast suggests the company will make a loss of US$4.77m in 2025.
Recent Insider Transactions • Apr 05Trustee recently bought €48k worth of stockOn the 29th of March, Mark Decker bought around 1k shares on-market at roughly €48.47 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €214k more in shares than they have sold in the last 12 months.
Breakeven Date Change • Mar 10Forecast to breakeven in 2023The 6 analysts covering Centerspace expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$432.7k in 2023. Earnings growth of 32% is required to achieve expected profit on schedule.
Reported Earnings • Feb 23Full year 2022 earnings released: FFO per share: US$5.3 (vs US$3.98 in FY 2021)Full year 2022 results: FFO per share: US$5.3 (up from US$3.98 in FY 2021). Revenue: US$256.7m (up 27% from FY 2021). Funds from operations (FFO): US$79.9m (up 46% from FY 2021). FFO margin: 31% (up from 27% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance.
Breakeven Date Change • Feb 23Forecast to breakeven in 2024The 6 analysts covering Centerspace expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 56% to 2023. The company is expected to make a profit of US$1.53m in 2024. Average annual earnings growth of 108% is required to achieve expected profit on schedule.
お知らせ • Feb 01Centerspace to Report Q4, 2022 Results on Feb 21, 2023Centerspace announced that they will report Q4, 2022 results After-Market on Feb 21, 2023
Upcoming Dividend • Dec 22Upcoming dividend of US$0.73 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 12 January 2023. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).
Reported Earnings • Nov 02Third quarter 2022 earnings released: FFO per share: US$1.4 (vs US$0.70 in 3Q 2021)Third quarter 2022 results: FFO per share: US$1.4 (up from US$0.70 in 3Q 2021). Revenue: US$65.4m (up 30% from 3Q 2021). Funds from operations (FFO): US$21.0m (up 126% from 3Q 2021). FFO margin: 32% (up from 19% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Sep 22Upcoming dividend of US$0.73 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 11 October 2022. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.4%).
Reported Earnings • Aug 02Second quarter 2022 earnings released: US$0.30 loss per share (vs US$1.49 profit in 2Q 2021)Second quarter 2022 results: US$0.30 loss per share (down from US$1.49 profit in 2Q 2021). Revenue: US$63.1m (up 35% from 2Q 2021). Net loss: US$4.60m (down 123% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 12% while the industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jun 22Upcoming dividend of US$0.73 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 11 July 2022. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (4.7%).
Recent Insider Transactions • May 07Independent Trustee recently bought €78k worth of stockOn the 5th of May, Michael Dance bought around 1k shares on-market at roughly €78.06 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €101k more in shares than they have sold in the last 12 months.
Reported Earnings • May 04First quarter 2022 earnings released: FFO: US$60.3m per share (vs US$1.01 in 1Q 2021)First quarter 2022 results: FFO: US$60.3m per share (up from US$1.01 in 1Q 2021). Revenue: US$60.3m (up 29% from 1Q 2021). Funds from operations (FFO): US$18.5m (up 43% from 1Q 2021). FFO margin: 31% (up from 28% in 1Q 2021). Over the next year, revenue is forecast to grow 15% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 23Upcoming dividend of US$0.73 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 11 April 2022. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.7%).
Reported Earnings • Mar 02Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: US$0.47 loss per share (down from US$0.14 loss in FY 2020). Revenue: US$201.7m (up 13% from FY 2020). Net loss: US$6.46m (loss widened 261% from FY 2020). Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 19% while thereits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 22Upcoming dividend of US$0.70 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 12 July 2021. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (3.4%).
Executive Departure • May 27Independent Trustee has left the companyOn the 18th of May, Terrance Maxwell's tenure as Independent Trustee ended after 7.5 years in the role. As of March 2021, Terrance personally held 7.10k shares (€415k worth at the time). Terrance is the only executive to leave the company over the last 12 months.
Reported Earnings • May 05First quarter 2021 earnings released: FFO US$1.01 per share (vs US$0.73 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$46.6m (up 5.0% from 1Q 2020). Funds from operations (FFO): US$12.9m (up 49% from 1Q 2020). FFO margin: 28% (up from 20% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 24Upcoming dividend of US$0.70 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 12 April 2021. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (3.6%).
Is New 90 Day High Low • Mar 09New 90-day high: €61.00The company is up 3.0% from its price of €59.50 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €62.34 per share.
Reported Earnings • Feb 24Full year 2020 earnings released: FFO US$3.77 per share (vs US$4.50 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$178.0m (down 4.2% from FY 2019). Funds from operations (FFO): US$47.4m (down 10% from FY 2019). FFO margin: 27% (down from 28% in FY 2019). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 24Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 2.2%, compared to a 47% growth forecast for the REITs industry in Germany.