Centerspace

NYSE:CSR Stock Report

Market Cap: US$1.1b

Centerspace Management

Management criteria checks 2/4

Centerspace's CEO is Anne Olson, appointed in Apr 2017, has a tenure of 7.67 years. total yearly compensation is $2.21M, comprised of 19.6% salary and 80.4% bonuses, including company stock and options. directly owns 0.096% of the company’s shares, worth $1.10M. The average tenure of the management team and the board of directors is 5.9 years and 2.9 years respectively.

Key information

Anne Olson

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage19.6%
CEO tenure7.7yrs
CEO ownership0.1%
Management average tenure5.9yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

Centerspace: One Of The Cheapest Multifamily REITs

Sep 06

Centerspace: A Value Buy In The Multifamily Space

Jan 27

Centerspace: Viewed Neutrally Despite Positive Developments And Forward Guidance

Nov 06

Centerspace: Improving Debt Position, Shares Fairly Valued

Aug 09

Centerspace: Rental Growth Will Fuel Growth In 2023 And Beyond

May 30

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

Feb 21

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

Oct 31

Centerspace declares $0.73 dividend

Sep 02

Centerspace: The Mountains Are Calling This Multifamily REIT

Aug 23

Centerspace Q2 FFO, revenue beats, FY22 FFO guidance raised

Aug 01

CEO Compensation Analysis

How has Anne Olson's remuneration changed compared to Centerspace's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$24m

Jun 30 2024n/an/a

-US$12m

Mar 31 2024n/an/a

-US$13m

Dec 31 2023US$2mUS$432k

US$35m

Sep 30 2023n/an/a

US$41m

Jun 30 2023n/an/a

US$33m

Mar 31 2023n/an/a

US$32m

Dec 31 2022US$1mUS$380k

-US$21m

Sep 30 2022n/an/a

-US$26m

Jun 30 2022n/an/a

-US$35m

Mar 31 2022n/an/a

-US$10m

Dec 31 2021US$1mUS$360k

-US$6m

Sep 30 2021n/an/a

-US$4m

Jun 30 2021n/an/a

US$25m

Mar 31 2021n/an/a

US$175k

Dec 31 2020US$1mUS$360k

-US$2m

Sep 30 2020n/an/a

US$51m

Jun 30 2020n/an/a

US$63m

Mar 31 2020n/an/a

US$70m

Dec 31 2019US$1mUS$360k

US$72m

Sep 30 2019n/an/a

US$41m

Jun 30 2019n/an/a

US$12m

Mar 31 2019n/an/a

-US$12m

Dec 31 2018US$929kUS$238k

-US$14m

Compensation vs Market: Anne's total compensation ($USD2.21M) is below average for companies of similar size in the US market ($USD3.24M).

Compensation vs Earnings: Anne's compensation has increased whilst the company is unprofitable.

CEO

Anne Olson (47 yo)

7.7yrs

Tenure

US$2,209,687

Compensation

Ms. Anne M. Olson, Esq., has been President, Chief Executive Officer and Executive Trustee of Centerspace since March 31, 2023 and its Secretary since April 30, 2017. She serves as Independent Director of...

Leadership Team

NamePositionTenureCompensationOwnership
Anne Olson
President7.7yrsUS$2.21m0.096%
$ 1.1m
Bhairav Patel
Executive VP & CFO2.9yrsUS$1.61m0.0072%
$ 82.3k
Julie Ellis
Senior VP & Chief Accounting Officer2.2yrsno datano data
Joshua Klaetsch
Head of Investor Relationsno datano datano data
Susan Picotte
Senior Vice President of Asset Management7.5yrsno datano data
Grant Campbell
Senior Vice President of Investments6.5yrsno datano data
Julie Letner
Senior Vice President of Talent & Culture6.3yrsno datano data
Jean Denn
Senior Vice President of Operations5.9yrsno datano data
Joe McComish
Vice President of Financeno datano datano data
Kelly Weber
Senior Vice President of Strategic Servicesless than a yearno datano data
Brad Abel
Senior Vice President of Information Technologyless than a yearno datano data
Emily Miller
Investor Relationsno datano datano data

5.9yrs

Average Tenure

47yo

Average Age

Experienced Management: CSR's management team is seasoned and experienced (5.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Anne Olson
President1.8yrsUS$2.21m0.096%
$ 1.1m
Rodney Tyson
Independent Trustee2.9yrsUS$138.09k0.021%
$ 237.0k
Emily Nagle Green
Independent Trustee6.8yrsUS$143.73k0.048%
$ 545.4k
Mary Twinem
Independent Trustee6.8yrsUS$147.79k0.053%
$ 610.1k
John Schissel
Independent Chair of the Board8.7yrsUS$229.65k0.071%
$ 818.5k
Jay Rosenberg
Board of Trusteeless than a yearno datano data
Jeffrey Caira
Independent Trustee9.5yrsUS$147.79k0.12%
$ 1.4m
Bob Levine
Non-Voting Board Oserver2.9yrsno datano data
Ola Hixon
Independent Trusteeless than a yearno data0.0027%
$ 30.5k

2.9yrs

Average Tenure

60.5yo

Average Age

Experienced Board: CSR's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:42
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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.

AnalystInstitution
Amanda SweitzerBaird
Juan SanabriaBMO Capital Markets Equity Research
John KimBMO Capital Markets Equity Research