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Centerspace (CSR)
NYSE:CSR
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CSR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$46.74 - $76.16
Previous Close$74.32
Volume12.79K
Average Volume (3M)145.61K
Market Cap
$1.19B
Enterprise Value$2.13B
Total Cash (Recent Filing)$14.33M
Total Debt (Recent Filing)$931.68M
Price to Earnings (P/E)―
Beta0.89
Next Earnings
Oct 28, 2024EPS Estimate
-$0.24Next Dividend Ex-Date
Sep 30, 2024Dividend Yield4%
Share Statistics
EPS (TTM)-0.80
Shares Outstanding15,300,140
10 Day Avg. Volume123,204
30 Day Avg. Volume145,611
Standard Deviation0.08
R-Squared0.33
Alpha-0.00295
Financial Highlights & Ratios
Price to Book (P/B)1.94
Price to Sales (P/S)4.38
Price to Cash Flow (P/CF)12.40
P/FCF Ratio31.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.26
Enterprise Value/Gross Profit14.59
Enterprise Value/Ebitda7.89
Forecast
1Y Price Target
$74.86Price Target Upside1.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Centerspace News
PremiumCompany Announcements
Centerspace Reveals Growth and ESG Focus in H1 2024 UpdatePremiumCompany Announcements
Centerspace Announces Series C Preferred Shares Redemption
PremiumCompany Announcements
Centerspace Releases 2023 ESG Commitment Report
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCenterspace reported core FFO results that were above estimates and above guidance for the full year.
Financial StrategyThe company is well-positioned for acquisitions with strong liquidity and no significant debt maturities before 2028.
Market PositionDemand for rental housing in CSR's markets is likely to outstrip supply for some time, indicating potential for continued pricing power.
Bears Say
Financial PerformanceAnalyst expects property operating expense inflation to outpace revenue growth, causing NOI to be flat to slightly up.
Operating ExpensesOn-site compensation and Marketing expenses saw a substantial year-over-year increase.
Revenue ForecastSame-store revenue forecast was reduced slightly due to lower occupancy rates.
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Ownership Overview
22.43% Insiders
28.09% Mutual Funds
40.30% Other Institutional Investors
9.18% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CSR FAQ
What was Centerspace’s price range in the past 12 months?
Centerspace lowest stock price was $46.74 and its highest was $76.16 in the past 12 months.
What is Centerspace’s market cap?
Currently, no data Available
When is Centerspace’s upcoming earnings report date?
Centerspace’s upcoming earnings report date is Oct 28, 2024 which is in 38 days.
How were Centerspace’s earnings last quarter?
Centerspace released its earnings results on Jul 29, 2024. The company reported -$0.19 earnings per share for the quarter, beating the consensus estimate of -$0.23 by $0.04.
Is Centerspace overvalued?
According to Wall Street analysts Centerspace’s price is currently Undervalued.
Does Centerspace pay dividends?
Centerspace pays a Quarterly dividend of $0.75 which represents an annual dividend yield of 4%. See more information on Centerspace dividends here
What is Centerspace’s EPS estimate?
Centerspace’s EPS estimate is -$0.24.
How many shares outstanding does Centerspace have?
Centerspace has 15,300,140 shares outstanding.
What happened to Centerspace’s price movement after its last earnings report?
Centerspace reported an EPS of -$0.19 in its last earnings report, beating expectations of -$0.23. Following the earnings report the stock price went down -0.833%.
Which hedge fund is a major shareholder of Centerspace?
Among the largest hedge funds holding Centerspace’s share is EntryPoint Capital, LLC. It holds Centerspace’s shares valued at N/A.
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Centerspace Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$74.86 (1.40% Upside)
$74.86 (1.40% Upside)
Blogger Sentiment
Bullish
CSR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 713.0 Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.01%
12-Months-Change
Fundamentals
Return on Equity
-0.68%
Trailing 12-Months
Asset Growth
-1.08%
Trailing 12-Months
Company Description
Centerspace
Investors Real Estate Trust engages in the ownership, management, acquisition, redevelopment, and development of apartment communities. It focuses on making operational enhancements to improve residents' experience, redeveloping existing apartment communities to meet market demands and acquiring new apartment communities in the Minneapolis/St. Paul and Denver metropolitan areas. The company was founded on July 31, 1970 and is headquartered in Minot, ND.
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CSR Earnings Call
Q2 2024
0:00 / 0:00
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CSR Stock 12 Month Forecast
Average Price Target
$74.86
▲(1.40% Upside)
Technical Analysis
Best Analysts Covering CSR
1 Year
1 Year Success Rate
6/6 ratings generated profit
1 Year Average Return
+29.20%
reiterated a buy rating last month
Copying Michael Gorman's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +29.20% per trade.
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