CSR Stock Overview
Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Centerspace Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$61.92 |
| 52 Week High | US$66.99 |
| 52 Week Low | US$46.74 |
| Beta | 0.95 |
| 1 Month Change | 12.28% |
| 3 Month Change | 13.39% |
| 1 Year Change | 9.69% |
| 3 Year Change | -13.39% |
| 5 Year Change | 5.88% |
| Change since IPO | -14.59% |
Recent News & Updates
Recent updates
Centerspace: 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 01Centerspace: Multifamily Opportunity In Minneapolis? Really? Really.
Mar 31Shareholder Returns
| CSR | US Residential REITs | US Market | |
|---|---|---|---|
| 7D | 3.0% | -3.7% | -3.7% |
| 1Y | 9.7% | -4.3% | 20.5% |
Return vs Industry: CSR exceeded the US Residential REITs industry which returned -4.6% over the past year.
Return vs Market: CSR underperformed the US Market which returned 20.2% over the past year.
Price Volatility
| CSR volatility | |
|---|---|
| CSR Average Weekly Movement | 4.2% |
| Residential REITs Industry Average Movement | 4.1% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: CSR has not had significant price volatility in the past 3 months.
Volatility Over Time: CSR's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1970 | 396 | 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 September 30, 2023, Centerspace owned interests in 71 apartment communities consisting of 12,785 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for the fourth consecutive year in 2023 by the Minneapolis Star Tribune.
Centerspace Fundamentals Summary
| CSR fundamental statistics | |
|---|---|
| Market cap | US$977.10m |
| Earnings (TTM) | US$34.90m |
| Revenue (TTM) | US$261.31m |
26.4x
P/E Ratio3.5x
P/S RatioIs CSR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CSR income statement (TTM) | |
|---|---|
| Revenue | US$261.31m |
| Cost of Revenue | US$111.97m |
| Gross Profit | US$149.34m |
| Other Expenses | US$114.45m |
| Earnings | US$34.90m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 29, 2024
| Earnings per share (EPS) | 2.34 |
| Gross Margin | 57.15% |
| Net Profit Margin | 13.35% |
| Debt/Equity Ratio | 96.7% |
How did CSR perform over the long term?
See historical performance and comparison