Centerspace Future Growth

Future criteria checks 0/6

Centerspace's earnings are forecast to decline at 11.5% per annum while its annual revenue is expected to grow at 3.5% per year. EPS is expected to grow by 28.7% per annum.

Key information

-11.5%

Earnings growth rate

28.7%

EPS growth rate

Residential REITs earnings growth	-2.8%
Revenue growth rate	3.5%
Future return on equity	n/a
Analyst coverage	Good
Last updated	30 Apr 2024

Recent future growth updates

Recent updates

Centerspace: A Value Buy In The Multifamily Space

Jan 27

Centerspace: Viewed Neutrally Despite Positive Developments And Forward Guidance

Nov 06

Earnings and Revenue Growth Forecasts

NYSE:CSR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	284	-18	N/A	N/A	1
12/31/2025	274	-18	92	107	6
12/31/2024	264	-20	86	101	4
3/31/2024	258	-13	92	92	N/A
12/31/2023	261	35	90	90	N/A
9/30/2023	265	41	100	100	N/A
6/30/2023	266	33	103	103	N/A
3/31/2023	264	32	102	102	N/A
12/31/2022	257	-21	92	92	N/A
9/30/2022	247	-26	97	97	N/A
6/30/2022	232	-35	88	88	N/A
3/31/2022	215	-10	81	81	N/A
12/31/2021	202	-6	84	84	N/A
9/30/2021	189	-4	70	70	N/A
6/30/2021	183	25	67	67	N/A
3/31/2021	180	0	70	70	N/A
12/31/2020	178	-2	61	61	N/A
9/30/2020	178	51	65	65	N/A
6/30/2020	182	63	66	66	N/A
3/31/2020	185	70	70	70	N/A
12/31/2019	186	72	70	70	N/A
9/30/2019	188	41	69	69	N/A
6/30/2019	186	12	60	60	N/A
3/31/2019	185	-12	63	63	N/A
12/31/2018	183	-14	60	60	N/A
10/31/2018	178	-41	48	48	N/A
7/31/2018	175	-43	47	47	N/A
4/30/2018	170	-60	55	55	N/A
1/31/2018	167	-41	N/A	61	N/A
10/31/2017	164	-35	N/A	66	N/A
7/31/2017	151	-33	N/A	74	N/A
4/30/2017	160	-45	N/A	79	N/A
1/31/2017	167	-37	N/A	75	N/A
10/31/2016	175	-32	N/A	68	N/A
7/31/2016	193	-29	N/A	57	N/A
4/30/2016	146	-7	N/A	72	N/A
1/31/2016	166	-3	N/A	80	N/A
10/31/2015	170	2	N/A	96	N/A
7/31/2015	175	8	N/A	116	N/A
4/30/2015	179	1	N/A	114	N/A
1/31/2015	221	-28	N/A	113	N/A
10/31/2014	237	-32	N/A	109	N/A
7/31/2014	251	-34	N/A	99	N/A
4/30/2014	165	-2	N/A	93	N/A
1/31/2014	263	4	N/A	83	N/A
10/31/2013	257	4	N/A	79	N/A
7/31/2013	254	6	N/A	81	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CSR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CSR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CSR's revenue (3.5% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: CSR's revenue (3.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CSR's Return on Equity is forecast to be high in 3 years time

Centerspace Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates upgraded to US$0.88 loss

Consensus EPS estimates fall by 33%

Consensus EPS estimates fall by 588%

Centerspace Provides Earnings Guidance for the Year 2024

Centerspace Provides Earnings Guidance for the Year 2024

Consensus EPS estimates fall by 10%

Recent updates

New major risk - Revenue and earnings growth

First quarter 2024 earnings: EPS misses analyst expectations

Consensus EPS estimates upgraded to US$0.88 loss

Centerspace, Annual General Meeting, May 20, 2024

Centerspace to Report Q1, 2024 Results on Apr 29, 2024

Upcoming dividend of US$0.75 per share

Consensus EPS estimates fall by 33%

Consensus EPS estimates fall by 588%

Fourth quarter dividend increased to US$0.75

Full year 2023 earnings: EPS misses analyst expectations

Centerspace Provides Earnings Guidance for the Year 2024

Centerspace Provides Earnings Guidance for the Year 2024

Centerspace: A Value Buy In The Multifamily Space

Centerspace Appoints Ola Oyinsan Hixon to Board of Trustees

Centerspace to Report Fiscal Year 2023 Results on Feb 20, 2024

Upcoming dividend of US$0.73 per share at 5.1% yield

Centerspace Announces Declares Regular Quarterly Distribution, Payable on January 12, 2024

Consensus EPS estimates fall by 10%

Consensus EPS estimates increase by 32%

Price target decreased by 7.0% to US$62.75

Centerspace: Viewed Neutrally Despite Positive Developments And Forward Guidance

An unknown buyer acquired Four non-core apartment communities and associated commercial space in Minot from Centerspace (NYSE:CSR) for $82.5 million.

Third quarter 2023 earnings: EPS exceeds analyst expectations

Centerspace (NYSE:CSR) acquired Lake Vista Apartment Homes in Loveland, CO for $94.5 million.

Centerspace to Report Q3, 2023 Results on Oct 30, 2023

Upcoming dividend of US$0.73 per share at 5.8% yield

Centerspace Declares Regular Quarterly Distribution, Payable on October 10, 2023

Centerspace: Improving Debt Position, Shares Fairly Valued

Consensus EPS estimates fall by 29%

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Centerspace to Report Q2, 2023 Results on Jul 31, 2023

Upcoming dividend of US$0.73 per share at 4.8% yield

Centerspace Announces Regular Quarterly Dividend, Payable on July 10, 2023

Centerspace: Rental Growth Will Fuel Growth In 2023 And Beyond

Trustee recently bought US$59k worth of stock

First quarter 2023 earnings: EPS exceeds analyst expectations

No longer forecast to breakeven

Trustee recently bought US$53k worth of stock

Price target decreased by 8.3% to US$66.43

Forecast to breakeven in 2023

Forecast to breakeven in 2024

Centerspace FFO of $1.17 misses by $0.01, revenue of $67.85M beats by $0.87M

Now 21% undervalued

Centerspace to Report Q4, 2022 Results on Feb 21, 2023

Upcoming dividend of US$0.73 per share

Centerspace Declares Regular Quarterly Distribution, Payable on January 12, 2023

Consensus forecasts updated

Price target decreased to US$78.43

Third quarter 2022 earnings: Revenues exceed analyst expectations

Centerspace Revises Earnings Guidance for the Year 2022

Centerspace FFO of $1.13 misses by $0.04, revenue of $65.44M beats by $0.87M

Centerspace to Report Q3, 2022 Results on Oct 31, 2022

Upcoming dividend of US$0.73 per share

Centerspace Announces Quarterly Dividend, Payable on October 11, 2022

Centerspace Declares Regular Quarterly Distribution, Payable on October 10, 2022

Centerspace declares $0.73 dividend

Centerspace: The Mountains Are Calling This Multifamily REIT

Consensus forecasts updated

Consensus estimates of losses per share improve by 87%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Centerspace Provides Earnings Guidance for the Year of 2022

Centerspace Q2 FFO, revenue beats, FY22 FFO guidance raised

Centerspace to Report Q2, 2022 Results on Aug 01, 2022

Price target decreased to US$94.50

Upcoming dividend of US$0.73 per share

Centerspace (NYSE:CSR) announces an Equity Buyback for $50 million worth of its shares.

Centerspace Declares Regular Quarterly Distribution, Payable on July 11, 2022

Price target decreased to US$103

Independent Trustee recently bought US$50k worth of stock