CSR 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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Centerspace Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$66.42 |
| 52 Week High | US$76.16 |
| 52 Week Low | US$52.26 |
| Beta | 0.92 |
| 1 Month Change | -8.90% |
| 3 Month Change | -7.21% |
| 1 Year Change | 11.95% |
| 3 Year Change | -40.30% |
| 5 Year Change | -5.88% |
| Change since IPO | -8.39% |
Recent News & Updates
Recent updates
Centerspace: One Of The Cheapest Multifamily REITs
Sep 06Centerspace: A Value Buy In The Multifamily Space
Jan 27Centerspace: Viewed Neutrally Despite Positive Developments And Forward Guidance
Nov 06Centerspace: Improving Debt Position, Shares Fairly Valued
Aug 09Centerspace: Rental Growth Will Fuel Growth In 2023 And Beyond
May 30Centerspace FFO of $1.17 misses by $0.01, revenue of $67.85M beats by $0.87M
Feb 21Centerspace FFO of $1.13 misses by $0.04, revenue of $65.44M beats by $0.87M
Oct 31Centerspace declares $0.73 dividend
Sep 02Centerspace: The Mountains Are Calling This Multifamily REIT
Aug 23Centerspace Q2 FFO, revenue beats, FY22 FFO guidance raised
Aug 01Shareholder Returns
| CSR | US Residential REITs | US Market | |
|---|---|---|---|
| 7D | 2.6% | 3.1% | 2.8% |
| 1Y | 12.0% | 8.1% | 24.5% |
Return vs Industry: CSR exceeded the US Residential REITs industry which returned 8.1% over the past year.
Return vs Market: CSR underperformed the US Market which returned 24.5% over the past year.
Price Volatility
| CSR volatility | |
|---|---|
| CSR Average Weekly Movement | 3.3% |
| Residential REITs Industry Average Movement | 3.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.1% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: CSR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CSR's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1970 | 396 | Anne Olson | www.centerspacehomes.com |
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.
Centerspace Fundamentals Summary
| CSR fundamental statistics | |
|---|---|
| Market cap | US$1.15b |
| Earnings (TTM) | -US$24.34m |
| Revenue (TTM) | US$258.64m |
4.3x
P/S Ratio-45.2x
P/E RatioIs CSR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CSR 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
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.47 |
| Gross Margin | 58.30% |
| Net Profit Margin | -9.41% |
| Debt/Equity Ratio | 101.8% |
How did CSR perform over the long term?
See historical performance and comparisonDividends
4.5%
Current Dividend Yield63%
Payout RatioDoes CSR pay a reliable dividends?
See CSR dividend history and benchmarks| Centerspace dividend dates | |
|---|---|
| Ex Dividend Date | Dec 30 2024 |
| Dividend Pay Date | Jan 13 2025 |
| Days until Ex dividend | 3 days |
| Days until Dividend pay date | 17 days |
Does CSR pay a reliable dividends?
See CSR dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:26 |
| End of Day Share Price | 2024/12/26 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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. 8 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 |