CSR

Centerspace

57.41 USD
-0.76
1.31%
At close Aug 25, 4:00 PM EDT
After hours
57.41
+0.00
0.00%
1 day
-1.31%
5 days
3.48%
1 month
-0.33%
3 months
-8.16%
6 months
-11.79%
Year to date
-11.69%
1 year
-23.00%
5 years
-18.90%
10 years
-13.93%
 

About: Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment which includes the ownership, management, development, redevelopment, and acquisition of apartment communities and conduct their corporate operations from offices in Minot, North Dakota and Minneapolis, Minnesota.

Employees: 404

0
Funds holding %
of 7,429 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

55% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 20

51% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 57

2% more funds holding

Funds holding: 204 [Q1] → 209 (+5) [Q2]

0.4% more ownership

Funds ownership: 84.16% [Q1] → 84.56% (+0.4%) [Q2]

7% less capital invested

Capital invested by funds: $912M [Q1] → $852M (-$59.8M) [Q2]

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $42K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$60
5%
upside
Avg. target
$60
5%
upside
High target
$60
5%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
UBS
5%upside
$60
Neutral
Maintained
15 Jul 2025

Financial journalist opinion

Based on 5 articles about CSR published over the past 30 days

Neutral
PRNewsWire
1 week ago
CENTERSPACE ANNOUNCES SIXTH ANNUAL ENVIRONMENTAL, SOCIAL, AND GOVERNANCE REPORT
MINNEAPOLIS , Aug. 13, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) published its 2024 Environmental, Social, and Governance (ESG) Report, and its inaugural Task Force on Climate Related Financial Disclosures (TCFD) report, highlighting the company's commitment to sustainable business practices in the multifamily industry. This is the Company's sixth annual report following its 2019 formation of an Environmental, Social, and Governance Committee established to lead identification, implementation, and tracking the progress of various sustainability initiatives.
CENTERSPACE ANNOUNCES SIXTH ANNUAL ENVIRONMENTAL, SOCIAL, AND GOVERNANCE REPORT
Positive
Seeking Alpha
2 weeks ago
Centerspace: Undervalued 6% Yield And Ripe For A Rebound
Centerspace offers a well-covered 5.7% dividend yield and trades at a significant discount with a forward P/FFO of just 10.9. CSR is executing a strategic shift into high-growth markets like Salt Lake City, supported by strong demographic and economic trends. Recent results highlight rising FFO, strong occupancy, and disciplined expense management, reinforcing the REIT's healthy fundamentals.
Centerspace: Undervalued 6% Yield And Ripe For A Rebound
Neutral
Seeking Alpha
2 weeks ago
Centerspace (CSR) Q2 2025 Earnings Call Transcript
Centerspace (NYSE:CSR ) Q2 2025 Earnings Conference Call August 5, 2025 10:00 AM ET Company Participants Anne M. Olson - President, CEO, Secretary & Executive Trustee Bhairav Patel - Executive VP & CFO Grant P.
Centerspace (CSR) Q2 2025 Earnings Call Transcript
Positive
Zacks Investment Research
3 weeks ago
Centerspace (CSR) Q2 FFO and Revenues Surpass Estimates
Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.28 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to FFO of $1.27 per share a year ago.
Centerspace (CSR) Q2 FFO and Revenues Surpass Estimates
Neutral
PRNewsWire
3 weeks ago
Centerspace Reports Second Quarter 2025 Financial & Operating Results and Updates 2025 Financial Outlook
MINNEAPOLIS , Aug. 4, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and six months ended June 30, 2025. The tables below show Net Loss, Funds from Operations ("FFO")1, and Core FFO1, all on a per diluted share basis, for the three and six months ended June 30, 2025; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted Average Occupancy, Lease Rate Growth, and Resident Retention for each of the three months ended June 30, 2025, March 31, 2025, and June 30, 2024 and the six months ended June 30, 2025 and 2024.
Centerspace Reports Second Quarter 2025 Financial & Operating Results and Updates 2025 Financial Outlook
Neutral
PRNewsWire
1 month ago
CENTERSPACE ANNOUNCES SECOND QUARTER 2025 EARNINGS RELEASE DATE
MINNEAPOLIS , July 8, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) will release its operating results for the quarter ended June 30, 2025, after the market closes on Monday, August 4, 2025. Management will host a conference call to discuss those results on Tuesday, August 5, 2025, at 10:00 a.m.
CENTERSPACE ANNOUNCES SECOND QUARTER 2025 EARNINGS RELEASE DATE
Positive
Seeking Alpha
1 month ago
The Bulls Are Back
U.S. equity markets surged to fresh record-highs as investors cheered a confluence of positive headlines: a temporary ceasefire in the Middle East, productive trade talks, and progress on tax cuts. Oil prices tumbled after the U.S. destroyed a trio of Iranian nuclear facilities in a formidable and decisive show of force, eliciting a ceasefire between Israel and Iran. Traders priced in additional rate cuts as tumbling oil prices and economic data that remains devoid of meaningful inflation prompted dovish dissents from several Fed officials.
The Bulls Are Back
Positive
Seeking Alpha
2 months ago
A Slow Slowdown
US equity markets rallied to their highest levels since February after a critical slate of employment data showed lukewarm labor market conditions in May, with only minimal tariff-related impacts. Benchmark interest rates jumped to near-four-month highs as hotter-than-expected wage growth metrics fueled doubts on the prospects for meaningful Federal Reserve easing this year. Meanwhile, investors weighed questions about the fate of the "Big Beautiful Bill" amid fierce challenges from Elon Musk, alongside signs of thawing in the tariff stalemate with China.
A Slow Slowdown
Neutral
PRNewsWire
2 months ago
CENTERSPACE ANNOUNCES ENTRANCE INTO THE SALT LAKE CITY MARKET, PLANNED PORTFOLIO TRANSACTIONS, AND QUARTERLY DIVIDEND
MINNEAPOLIS , June 2, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) (the "Company") announced that on May 30, 2025, it closed on the acquisition of its first community in Salt Lake City, UT, for $149 million. Centerspace has also signed an agreement to acquire a community in Fort Collins, CO, with closing anticipated in mid-June.
CENTERSPACE ANNOUNCES ENTRANCE INTO THE SALT LAKE CITY MARKET, PLANNED PORTFOLIO TRANSACTIONS, AND QUARTERLY DIVIDEND
Positive
Seeking Alpha
3 months ago
Centerspace: Operating Momentum Improves As Shares Underperform (Rating Upgrade)
Centerspace is a residential REIT managing 13,012 apartments, primarily in Minneapolis, Denver, and North Dakota. Q1 2025 and April 2025 leasing spreads point to a strong improvement relative to Q4 2024. Even so, Core FFO growth remains muted due to past share issuance and higher property taxes.
Centerspace: Operating Momentum Improves As Shares Underperform (Rating Upgrade)
Charts implemented using Lightweight Charts™