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NYSE:CSR

Centerspace (CSR) Stock Price, News & Analysis

Centerspace logo
$66.03 +0.02 (+0.03%)
(As of 05:26 PM ET)

About Centerspace Stock (NYSE:CSR)

Key Stats

Today's Range
$65.18
$66.08
50-Day Range
$64.75
$75.02
52-Week Range
$52.26
$76.16
Volume
76,457 shs
Average Volume
107,827 shs
Market Capitalization
$1.09 billion
P/E Ratio
N/A
Dividend Yield
4.54%
Price Target
$75.33
Consensus Rating
Hold

Company Overview

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 Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
51st Percentile Overall Score

CSR MarketRank™: 

Centerspace scored higher than 51% of companies evaluated by MarketBeat, and ranked 613th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Centerspace has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Centerspace has only been the subject of 3 research reports in the past 90 days.

  • Read more about Centerspace's stock forecast and price target.
  • Earnings Growth

    Earnings for Centerspace are expected to grow by 2.26% in the coming year, from $4.86 to $4.97 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Centerspace is -41.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Centerspace is -41.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Centerspace has a PEG Ratio of 2.05. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Centerspace has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.47% of the outstanding shares of Centerspace have been sold short.
  • Short Interest Ratio / Days to Cover

    Centerspace has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Centerspace has recently decreased by 0.65%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Centerspace is a leading dividend payer. It pays a dividend yield of 4.57%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Centerspace does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Centerspace will have a dividend payout ratio of 60.36% next year. This indicates that Centerspace will be able to sustain or increase its dividend.

  • Read more about Centerspace's dividend.
  • Percentage of Shares Shorted

    1.47% of the outstanding shares of Centerspace have been sold short.
  • Short Interest Ratio / Days to Cover

    Centerspace has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Centerspace has recently decreased by 0.65%, indicating that investor sentiment is improving.
  • News Sentiment

    Centerspace has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Centerspace this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Centerspace insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.92% of the stock of Centerspace is held by insiders.

  • Percentage Held by Institutions

    79.00% of the stock of Centerspace is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Centerspace's insider trading history.
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CSR Stock News Headlines

Centerspace (NYSE:CSR) Given Average Recommendation of "Hold" by Brokerages
Wedbush Forecasts Centerspace's FY2024 Earnings (NYSE:CSR)
Trump’s Sending THIS Crypto Higher on Purpose
Discover the coin set to explode before 2025! Trump could trigger THIS crypto coin…
Centerspace initiated with a Neutral at Wedbush
Centerspace (CSR) Gets a Buy from RBC Capital
CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND
See More Headlines

CSR Stock Analysis - Frequently Asked Questions

Centerspace's stock was trading at $58.20 at the start of the year. Since then, CSR stock has increased by 13.5% and is now trading at $66.03.
View the best growth stocks for 2024 here
.

Centerspace (NYSE:CSR) announced its earnings results on Monday, October, 28th. The company reported ($0.40) earnings per share for the quarter, missing analysts' consensus estimates of $1.17 by $1.57. The company earned $65.03 million during the quarter, compared to analyst estimates of $66.35 million. Centerspace had a negative net margin of 5.57% and a negative trailing twelve-month return on equity of 1.72%.

Top institutional investors of Centerspace include Wellington Management Group LLP (6.15%), State Street Corp (5.42%), Geode Capital Management LLC (2.34%) and Charles Schwab Investment Management Inc. (1.66%). Insiders that own company stock include Mark Okey Decker Jr, John A Schissel, Mary J Twinem and Rodney Jones-Tyson.
View institutional ownership trends
.

Shares of CSR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Centerspace investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Broadcom (AVGO) and Exxon Mobil (XOM).

Company Calendar

Ex-Dividend for 10/10 Dividend
9/30/2024
Dividend Payable
10/10/2024
Last Earnings
10/28/2024
Today
12/23/2024
Ex-Dividend for 1/13 Dividend
12/30/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/13/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Employees
470
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$75.33
High Stock Price Target
$82.00
Low Stock Price Target
$68.00
Potential Upside/Downside
+14.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$41.97 million
Pretax Margin
-7.07%

Debt

Sales & Book Value

Annual Sales
$258.64 million
Cash Flow
$9.11 per share
Book Value
$55.64 per share

Miscellaneous

Free Float
16,420,000
Market Cap
$1.09 billion
Optionable
Optionable
Beta
0.89
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This page (NYSE:CSR) was last updated on 12/23/2024 by MarketBeat.com Staff
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