CSR
Centerspace
0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
73% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 49
25% more call options, than puts
Call options by funds: $165K | Put options by funds: $132K
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
1% more funds holding
Funds holding: 191 [Q3] → 192 (+1) [Q4]
4% less capital invested
Capital invested by funds: $960M [Q3] → $922M (-$37.5M) [Q4]
5.21% less ownership
Funds ownership: 89.32% [Q3] → 84.1% (-5.21%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$68
5%
upside
Avg. target
$71
10%
upside
High target
$73
13%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Wells Fargo Cooper Clark 100% 1-year accuracy 1 / 1 met price target | 5%upside $68 | Equal-Weight Initiated | 19 Mar 2025 |
RBC Capital Brad Heffern 64% 1-year accuracy 23 / 36 met price target | 13%upside $73 | Outperform Maintained | 20 Feb 2025 |
Janney Montgomery Scott Robert Stevenson 100% 1-year accuracy 4 / 4 met price target | 11%upside $72 | Buy Upgraded | 15 Jan 2025 |
Financial journalist opinion
Based on 3 articles about CSR published over the past 30 days
Positive
Seeking Alpha
3 days ago
8 Upcoming Dividend Increases, Including A King
Highlighting eight companies with upcoming dividend increases, four exceeding 10%, and an average increase of 11.4%, median at 9%. My investment strategy focuses on buying, holding, and expanding stakes in companies with consistent dividend growth and benchmark-beating performance. The list is curated using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, ensuring a minimum of five years of dividend growth.
Neutral
PRNewsWire
2 weeks ago
CENTERSPACE ANNOUNCES CHANGE TO BOARD OF TRUSTEES
MINNEAPOLIS , March 13, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that Jeff Caira, a member of the Company's Board of Trustees, will retire as a trustee, chair of the Nominating and Governance Committee and member of the Audit Committee effective upon the expiration of his annual term at the conclusion of the 2025 Annual Meeting of Shareholders to be held on May 14, 2025. "Jeff has provided consistent and invaluable leadership to the Company since his appointment in 2015," commented Board Chair John Schissel, "We greatly appreciate his contributions, and his guidance of Company's transition to pure-play multifamily has set the stage for excellence in operations and continued growth of the platform.
Positive
Seeking Alpha
4 weeks ago
Centerspace: Shares Remain Attractive Even As NOI Growth Moderates
Centerspace is a residential REIT focused on apartment communities, primarily in Minnesota and Colorado. The company delivered a core FFO of $4.88/share in 2024, with a circa 2% increase forecast for 2025. NOI growth is set to moderate from 3.7% in 2024 to about 3.3% in 2025, although I estimate the underlying growth rate closer to 1.9%.
Negative
Seeking Alpha
1 month ago
Bad Vibes, Positive Results
US equity markets slumped this week - while benchmark interest rates tumbled to two-month lows - after downbeat economic data and cautious corporate commentary sparked concern over slowing economic growth. Compounded by some unsettling COVID-related headlines late in the week, investors adopted a more "risk off" position after consumer and business survey data picked up a sudden negative sentiment shift. After notching a pair of record-highs early in the week, a two-day tumble sent the S&P 500 lower by 1.6% on the week. Small-Caps and Mid-Caps both dipped over 3%.
Neutral
Seeking Alpha
1 month ago
Centerspace (CSR) Q4 2024 Earnings Call Transcript
Centerspace (NYSE:CSR ) Q4 2024 Earnings Conference Call February 19, 2025 10:00 AM ET Company Participants Josh Klaetsch - Investor Relations Anne Olson - President and Chief Executive Officer Grant Campbell - Senior Vice President, Investments and Capital Markets Bhairav Patel - Chief Financial Officer Conference Call Participants Brad Heffern - RBC Capital John Kim - BMO Rob Stevenson - Janney Montgomery Rich Anderson - Wedbush Michael Gorman - BTIG Mason Guell - Baird Operator Hello, everyone, and welcome to the Centerspace Q4 2024 Earnings Call. My name is Ezra, and I will be your coordinator today.
Positive
Zacks Investment Research
1 month ago
Centerspace (CSR) Q4 FFO and Revenues Beat Estimates
Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.21 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to FFO of $1.22 per share a year ago.
Neutral
PRNewsWire
1 month ago
Centerspace Announces Financial and Operating Results for the Year Ended December 31, 2024 and Provides 2025 Financial Outlook
MINNEAPOLIS , Feb. 18, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the year ended December 31, 2024. The tables below show Net Income (Loss), Funds from Operations ("FFO")1, and Core FFO1, all on a per diluted share basis, for the year ended December 31, 2024; 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 the three months ended December 31, 2024, September 30, 2024, and December 31, 2023 and the twelve months ended December 31, 2024 and 2023.
Neutral
PRNewsWire
1 month ago
CENTERSPACE ANNOUNCES FOURTH QUARTER 2024 EARNINGS RELEASE DATE
MINNEAPOLIS , Jan. 27, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) will release its operating results for the quarter ended December 31, 2024, after the market closes on Tuesday, February 18, 2025. Management will host a conference call to discuss those results on the following day, Wednesday, February 19, 2025, at 10:00 a.m.
Neutral
PRNewsWire
2 months ago
CENTERSPACE ANNOUNCES 2024 DIVIDEND ALLOCATIONS
MINNEAPOLIS , Jan. 23, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2024 distributions on its common and preferred shares of beneficial interest. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of their Centerspace distributions.
Positive
Seeking Alpha
2 months ago
Centerspace: Midwestern Apartments At A Discount
Centerspace is a Midwest-focused apartment REIT trading at a discount to peers, with strong near-term AFFO/share growth prospects not priced in. CSR's clever acquisition strategy, including using OP units, allows for accretive purchases in growth markets, enhancing long-term performance. The Midwest's stable rental market and CSR's significant presence in Minneapolis and Denver contribute to its outperformance in same-store NOI growth.
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