CSR Stock Overview
An owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Community vs My Fair Value
Create NarrativeSelect a narrative for quick price alerts from the community, or create your own.
Centerspace Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$60.55 |
| 52 Week High | US$76.16 |
| 52 Week Low | US$54.13 |
| Beta | 0.79 |
| 1 Month Change | 7.72% |
| 3 Month Change | -1.82% |
| 1 Year Change | -14.63% |
| 3 Year Change | -27.46% |
| 5 Year Change | -1.21% |
| Change since IPO | -16.48% |
Recent News & Updates
Recent updates
Midwest And Mountain West Demand Will Secure Future Success
May 04 Strong demand in key regions and a decrease in new apartment supply bolster revenue growth through improved leasing and occupancy rates.Centerspace: Midwestern Apartments At A Discount
Jan 21Centerspace: 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 23Shareholder Returns
| CSR | US Residential REITs | US Market | |
|---|---|---|---|
| 7D | 0.7% | -1.2% | 1.3% |
| 1Y | -14.6% | 5.6% | 8.2% |
Return vs Industry: CSR underperformed the US Residential REITs industry which returned 8.4% over the past year.
Return vs Market: CSR underperformed the US Market which returned 7.7% over the past year.
Price Volatility
| CSR volatility | |
|---|---|
| CSR Average Weekly Movement | 3.5% |
| Residential REITs Industry Average Movement | 4.2% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 4.1% |
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 | 389 | Anne Olson | www.centerspacehomes.com |
Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of December 31, 2024, Centerspace owned 71 apartment communities consisting of 13,012 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a top workplace for the fifth consecutive year in 2024 by the Minneapolis Star Tribune.
Centerspace Fundamentals Summary
| CSR fundamental statistics | |
|---|---|
| Market cap | US$1.07b |
| Earnings (TTM) | -US$17.88m |
| Revenue (TTM) | US$263.57m |
3.8x
P/S Ratio-56.7x
P/E RatioIs CSR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CSR income statement (TTM) | |
|---|---|
| Revenue | US$263.57m |
| Cost of Revenue | US$110.95m |
| Gross Profit | US$152.62m |
| Other Expenses | US$170.50m |
| Earnings | -US$17.88m |
Last Reported Earnings
Mar 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.07 |
| Gross Margin | 57.90% |
| Net Profit Margin | -6.78% |
| Debt/Equity Ratio | 108.6% |
How did CSR perform over the long term?
See historical performance and comparisonDividends
5.1%
Current Dividend Yield60%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/08 11:11 |
| End of Day Share Price | 2025/05/08 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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.
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 20 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 |