Centerspace

NYSE:CSR Stock Report

Market Cap: US$965.8m

Centerspace Future Growth

Future criteria checks 0/6

Centerspace's revenue and earnings are forecast to decline at 3% and 110.7% per annum respectively. EPS is expected to decline by 135.4% per annum. Return on equity is forecast to be 1% in 3 years.

Key information

-110.7%

Earnings growth rate

-135.38%

EPS growth rate

Residential REITs earnings growth-8.2%
Revenue growth rate-3.0%
Future return on equity1.00%
Analyst coverage

Good

Last updated17 Aug 2026

Recent future growth updates

Recent updates

Seeking Alpha • Aug 06

Centerspace: The Market Is Overreacting To Its Portfolio Reset

Summary Centerspace offers a contrarian opportunity as asset dispositions and deleveraging overshadow improving portfolio quality and future growth potential. CSR trades at 11.3x forward P/FFO, well below its historical average, reflecting market concerns over near-term dilution and uncovered dividends. Management is repositioning CSR by selling lower-quality assets, reducing debt, and repurchasing undervalued shares to concentrate on stronger metropolitan markets. I rate CSR a “Speculative Buy” for patient investors, expecting FFO/share growth and low-teens total returns post-portfolio reset despite current risks. Read the full article on Seeking Alpha
User avatar
New Narrative • May 04

Midwest And Mountain West Demand Will Secure Future Success

Strong demand in key regions and a decrease in new apartment supply bolster revenue growth through improved leasing and occupancy rates.
Seeking Alpha • Jan 21

Centerspace: Midwestern Apartments At A Discount

Summary Centerspace is a Midwest-focused apartment REIT trading at a discount to peers, with strong near-term AFFO/share growth prospects not priced in. CSR's clever acquisition strategy, including using OP units, allows for accretive purchases in growth markets, enhancing long-term performance. The Midwest's stable rental market and CSR's significant presence in Minneapolis and Denver contribute to its outperformance in same-store NOI growth. CSR's valuation is attractive, trading at 79.7% of NAV and 14.9X AFFO, with potential for capital appreciation as it closes the multiple gap with peers. Read the full article on Seeking Alpha
Seeking Alpha • Sep 06

Centerspace: One Of The Cheapest Multifamily REITs

Summary Centerspace focuses on residential properties in Minnesota and Colorado. Its portfolio should benefit from stable population growth and lower unemployment rates in key markets. With manageable leverage, adequate liquidity, and a well-structured debt maturity profile, Centerspace faces minimal solvency risk and offers an attractive forward AFFO yield. Despite some risks, Centerspace's share price creates an opportunity for value investors. Read the full article on Seeking Alpha
Seeking Alpha • Jan 27

Centerspace: A Value Buy In The Multifamily Space

Summary Centerspace has underperformed the S&P 500 and Vanguard Real Estate ETF over the past year but deserves more credit. CSR has made progress in portfolio transformation and optimizing its properties for better operating efficiencies. The company has shown steady growth in rent and same-store NOI and offers an appealing and well-covered dividend, leaving plenty of room for further deleveraging. Read the full article on Seeking Alpha
Seeking Alpha • Nov 06

Centerspace: Viewed Neutrally Despite Positive Developments And Forward Guidance

Summary Multifamily operator, Centerspace, raised the midpoint of full-year core FFO and announced an entry into a new MSA, Fort Collins, Colorado. The entry into Fort Collins provides an attractive opportunity for CSR to attract new tenants into their properties. Slowing rental rate growth, however, may offset some of this benefit. The company is also experiencing rising insurance costs, which are expected to continue into 2024. While shares are more discounted at current trading levels, I continue to view the stock neutrally. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NYSE:CSR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20282547N/AN/A1
12/31/2027254-4N/AN/A8
12/31/202625510N/AN/A5
6/30/2026269219292N/A
3/31/202627289494N/A
12/31/2025274179898N/A
9/30/202527330104104N/A
6/30/2025267-29102102N/A
3/31/2025264-189999N/A
12/31/2024261-209898N/A
9/30/2024259-249292N/A
6/30/2024258-129191N/A
3/31/2024258-139292N/A
12/31/2023261359090N/A
9/30/202326541100100N/A
6/30/202326633103103N/A
3/31/202326432102102N/A
12/31/2022257-219292N/A
9/30/2022247-269797N/A
6/30/2022232-358888N/A
3/31/2022215-108181N/A
12/31/2021202-68484N/A
9/30/2021189-47070N/A
6/30/2021183256767N/A
3/31/202118007070N/A
12/31/2020178-26161N/A
9/30/2020178516565N/A
6/30/2020182636666N/A
3/31/202018570N/A70N/A
12/31/201918672N/A70N/A
9/30/201918841N/A69N/A
6/30/201918612N/A60N/A
3/31/2019185-12N/A63N/A
12/31/2018183-14N/A60N/A
10/31/2018178-41N/A48N/A
7/31/2018175-43N/A47N/A
4/30/2018170-60N/A55N/A
1/31/2018167-41N/A61N/A
10/31/2017164-35N/A66N/A
7/31/2017151-33N/A74N/A
4/30/2017160-45N/A79N/A
1/31/2017167-37N/A75N/A
10/31/2016175-32N/A68N/A
7/31/2016193-29N/A57N/A
4/30/2016146-7N/A72N/A
1/31/2016166-3N/A80N/A
10/31/20151702N/A96N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSR's earnings are forecast to decline over the next 3 years (-110.7% per year).

Earnings vs Market: CSR's earnings are forecast to decline over the next 3 years (-110.7% per year).

High Growth Earnings: CSR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CSR's revenue is expected to decline over the next 3 years (-3% per year).

High Growth Revenue: CSR's revenue is forecast to decline over the next 3 years (-3% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CSR's Return on Equity is forecast to be low in 3 years time (1%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/18 14:57
End of Day Share Price 2026/08/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Centerspace is covered by 15 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.

AnalystInstitution
Amanda SweitzerBaird
Robert StevensonBrean Capital Historical (Janney Montgomery)
Gaurav MehtaB. Riley Securities, Inc.