WXC1 Stock Overview Centerspace, collectively with its consolidated subsidiaries (“Centerspace,” “the Company,” “we,” “us,” or “our”), is a North Dakota real estate investment trust (“REIT”) focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. More details
Rewards Risk Analysis See All Risk Checks Capture your thoughts, links and company narrative
Price History & Performance
Summary of share price highs, lows and changes for Centerspace Historical stock prices Current Share Price US$59.50 52 Week High US$72.00 52 Week Low US$48.80 Beta 0.93 1 Month Change -9.85% 3 Month Change -6.30% 1 Year Change 19.00% 3 Year Change -33.15% 5 Year Change -8.46% Change since IPO -20.45%
Recent News & Updates
Centerspace Declares A Regular Quarterly Distribution, Payable on January 13, 2025 Dec 03
Third quarter 2024 earnings released: US$0.40 loss per share (vs US$0.41 profit in 3Q 2023) Oct 29
Centerspace Revises Earnings Guidance for the Year 2024 Oct 29
Centerspace to Report Q3, 2024 Results on Oct 28, 2024 Oct 08
Upcoming dividend of US$0.75 per share Sep 23
Second quarter dividend of US$0.75 announced Sep 09 See more updates
Centerspace Declares A Regular Quarterly Distribution, Payable on January 13, 2025 Dec 03
Third quarter 2024 earnings released: US$0.40 loss per share (vs US$0.41 profit in 3Q 2023) Oct 29
Centerspace Revises Earnings Guidance for the Year 2024 Oct 29
Centerspace to Report Q3, 2024 Results on Oct 28, 2024 Oct 08
Upcoming dividend of US$0.75 per share Sep 23
Second quarter dividend of US$0.75 announced Sep 09
New major risk - Revenue and earnings growth Sep 06
Centerspace Declares Regular Quarterly Distribution, Payable on October 10, 2024 Sep 04
High number of new directors Aug 01
Second quarter 2024 earnings released: US$0.19 loss per share (vs US$0.23 loss in 2Q 2023) Jul 30
Centerspace Appoints Jay Rosenberg to Its Board of Trustees and Nominating and Corporate Governance Committee Jul 09
First quarter dividend of US$0.75 announced Jun 10
Centerspace Announces Regular Quarterly Dividend, Payable on July 10, 2024 Jun 05
New major risk - Revenue and earnings growth May 17
New major risk - Revenue and earnings growth May 01
First quarter 2024 earnings released: US$0.37 loss per share (vs US$2.79 profit in 1Q 2023) Apr 30
Centerspace, Annual General Meeting, May 20, 2024 Apr 10
Centerspace to Report Q1, 2024 Results on Apr 29, 2024 Apr 09
Upcoming dividend of US$0.75 per share Mar 20
Fourth quarter dividend of US$0.75 announced Feb 26
Full year 2023 earnings released: EPS: US$2.33 (vs US$1.35 loss in FY 2022) Feb 21 Centerspace Provides Earnings Guidance for the Year 2024
Centerspace Appoints Ola Oyinsan Hixon to Board of Trustees Jan 26
Centerspace to Report Fiscal Year 2023 Results on Feb 20, 2024 Jan 19
Upcoming dividend of US$0.73 per share at 5.0% yield Dec 21
Centerspace Announces Declares Regular Quarterly Distribution, Payable on January 12, 2024 Dec 04
An unknown buyer acquired Four non-core apartment communities and associated commercial space in Minot from Centerspace (NYSE:CSR) for $82.5 million. Nov 01
Third quarter 2023 earnings released: FFO per share: US$1.4 (vs US$1.39 in 3Q 2022) Nov 01 Centerspace (NYSE:CSR) acquired Lake Vista Apartment Homes in Loveland, CO for $94.5 million. Oct 12
Centerspace to Report Q3, 2023 Results on Oct 30, 2023 Oct 11
Upcoming dividend of US$0.73 per share at 5.7% yield Sep 21
Centerspace Declares Regular Quarterly Distribution, Payable on October 10, 2023 Sep 02
Second quarter 2023 earnings released: US$0.23 loss per share (vs US$0.30 loss in 2Q 2022) Aug 01
Centerspace to Report Q2, 2023 Results on Jul 31, 2023 Jul 13
Upcoming dividend of US$0.73 per share at 4.8% yield Jun 22
Centerspace Announces Regular Quarterly Dividend, Payable on July 10, 2023 Jun 03
Now 20% undervalued after recent price drop May 26
Trustee recently bought €53k worth of stock May 11
First quarter 2023 earnings released: EPS: US$2.79 (vs US$0.68 loss in 1Q 2022) May 02
No longer forecast to breakeven Apr 17
Trustee recently bought €48k worth of stock Apr 05
Forecast to breakeven in 2023 Mar 10
Full year 2022 earnings released: FFO per share: US$5.3 (vs US$3.98 in FY 2021) Feb 23
Forecast to breakeven in 2024 Feb 23
Centerspace to Report Q4, 2022 Results on Feb 21, 2023 Feb 01
Upcoming dividend of US$0.73 per share Dec 22
Centerspace Declares Regular Quarterly Distribution, Payable on January 12, 2023 Dec 03
Third quarter 2022 earnings released: FFO per share: US$1.4 (vs US$0.70 in 3Q 2021) Nov 02
Centerspace Revises Earnings Guidance for the Year 2022 Nov 01
Centerspace to Report Q3, 2022 Results on Oct 31, 2022 Oct 13
Upcoming dividend of US$0.73 per share Sep 22
Centerspace Announces Quarterly Dividend, Payable on October 11, 2022 Sep 08
Centerspace Declares Regular Quarterly Distribution, Payable on October 10, 2022 Sep 03
Second quarter 2022 earnings released: US$0.30 loss per share (vs US$1.49 profit in 2Q 2021) Aug 02
Centerspace Provides Earnings Guidance for the Year of 2022 Aug 02
Centerspace to Report Q2, 2022 Results on Aug 01, 2022 Jul 14
Upcoming dividend of US$0.73 per share Jun 22
Centerspace (NYSE:CSR) announces an Equity Buyback for $50 million worth of its shares. Jun 15
Centerspace Declares Regular Quarterly Distribution, Payable on July 11, 2022 Jun 04
Independent Trustee recently bought €78k worth of stock May 07
Centerspace Revises Earnings Guidance for the Year 2022 May 05
First quarter 2022 earnings released: FFO: US$60.3m per share (vs US$1.01 in 1Q 2021) May 04
Centerspace, Annual General Meeting, May 17, 2022 May 03
Centerspace to Report Q1, 2022 Results on May 02, 2022 Apr 14
Upcoming dividend of US$0.73 per share Mar 23
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Mar 02 Centerspace Provides Earnings Guidance for the Year 2022
Centerspace to Report Q4, 2021 Results on Feb 28, 2022 Feb 02
Centerspace (NYSE:CSR) acquired Noko Apartments in Minneapolis for $46.4 million. Jan 29
Centerspace (NYSE:CSR) acquired Portfolio of Three Communities in Minneapolis and One Community in Denver for approximately $130 million. Jan 06
Investors Real Estate Trust (NYSE:CSR) acquired Portfolio of 17 communities in Minneapolis from KMS Management, Inc. Sep 03
Investors Real Estate Trust Improves Earnings Guidance for 2021 Aug 05
Upcoming dividend of US$0.70 per share Jun 22
Investors Real Estate Trust (NYSE:CSR) entered into Contribution Agreement to acquire Portfolio of 17 communities in Minneapolis from KMS Management, Inc. for approximately $320 million. Jun 05
Independent Trustee has left the company May 27
First quarter 2021 earnings released: FFO US$1.01 per share (vs US$0.73 in 1Q 2020) May 05
Centerspace Revises Earnings Guidance for the Full Year of 2021 Apr 20
Upcoming dividend of US$0.70 per share Mar 24 Investors Real Estate Trust Announces Retirement of Terrance P. Maxwell as from the Board
New 90-day high: €61.00 Mar 09
Full year 2020 earnings released: FFO US$3.77 per share (vs US$4.50 in FY 2019) Feb 24
Revenue beats expectations Feb 24
Investors Real Estate Trust (NYSE:CSR) acquired Apartment Community in Denver. Feb 24
Investors Real Estate Trust (NYSE:CSR) acquired Union Pointe Apartment Homes in Longmont, Colorado for $76.9 million. Jan 08
Investors Real Estate Trust Announces Not to Provide 2020 Financial Outlook Nov 04
Investors Real Estate Trust to Report Q3, 2020 Results on Nov 02, 2020 Oct 14
Investors Real Estate Trust (NYSE:IRET) acquired Parkhouse Apartment Homes in Thornton, Colorado for approximately $140 million. Sep 24
New 90-day low - €57.00 Sep 13
An unknown buyer acquired four apartment communities in Grand Forks, North Dakota from Investors Real Estate Trust (NYSE:IRET) for $42.5 million. Sep 02
New 90-day low - €58.00 Aug 21 Shareholder Returns WXC1 DE Residential REITs DE Market 7D -4.0% 0% 0% 1Y 19.0% 0% 0%
See full shareholder returns
Return vs Market: WXC1 exceeded the German Market which returned 9.6% over the past year.
Price Volatility Is WXC1's price volatile compared to industry and market? WXC1 volatility WXC1 Average Weekly Movement 3.8% Residential REITs Industry Average Movement 0% Market Average Movement 0% 10% most volatile stocks in DE Market 0% 10% least volatile stocks in DE Market 0%
Stable Share Price: WXC1 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: WXC1's weekly volatility (4%) has been stable over the past year.
About the Company Centerspace, collectively with its consolidated subsidiaries (“Centerspace,” “the Company,” “we,” “us,” or “our”), is a North Dakota real estate investment trust (“REIT”) focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of March 31, 2024, Centerspace owned interests in 70 apartment communities consisting of 12,883 apartment homes.
Show more Centerspace Fundamentals Summary How do Centerspace's earnings and revenue compare to its market cap? WXC1 fundamental statistics Market cap €1.04b Earnings (TTM ) -€23.60m Revenue (TTM ) €250.73m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) WXC1 income statement (TTM ) Revenue US$258.64m Cost of Revenue US$107.85m Gross Profit US$150.79m Other Expenses US$175.14m Earnings -US$24.34m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -1.47 Gross Margin 58.30% Net Profit Margin -9.41% Debt/Equity Ratio 101.8%
How did WXC1 perform over the long term?
See historical performance and comparison Dividends
4.9% Current Dividend Yield When do you need to buy WXC1 by to receive an upcoming dividend? Centerspace dividend dates Ex Dividend Date Dec 30 2024 Dividend Pay Date Jan 13 2025 Days until Ex dividend 10 days Days until Dividend pay date 4 days
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/08 00:55 End of Day Share Price 2025/01/08 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources Centerspace is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Amanda Sweitzer Baird Juan Sanabria BMO Capital Markets Equity Research John Kim BMO Capital Markets Equity Research
Show 15 more analysts 
