Centerspace (NYSE:CSR) Given Consensus Rating of "Hold" by Analysts

Key Points

• Analysts have given Centerspace (NYSE:CSR) a consensus rating of Hold from seven brokers (six Hold, one Buy) with an average 1‑year price target of $68.33.
• In the latest quarter the company reported a dramatic EPS miss of ($1.10) versus a $1.21 consensus and revenue of $66.6M (below estimates), though management set FY‑2026 guidance of 4.810–5.050 EPS (analysts expect ~4.94).
• Centerspace declared a quarterly dividend of $0.77 (annualized $3.08) for a 5.1% yield308%.

Centerspace (NYSE:CSR - Get Free Report) has been given a consensus rating of "Hold" by the seven brokerages that are covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $68.3333.

Several equities research analysts have recently commented on the stock. Wall Street Zen cut shares of Centerspace from a "hold" rating to a "strong sell" rating in a research report on Saturday, February 21st. Royal Bank Of Canada increased their price objective on shares of Centerspace from $68.00 to $72.00 and gave the company an "outperform" rating in a report on Thursday, February 19th. UBS Group raised their price objective on shares of Centerspace from $63.00 to $66.00 and gave the company a "neutral" rating in a research note on Thursday, January 8th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Centerspace in a report on Monday, December 29th. Finally, Cantor Fitzgerald reiterated a "neutral" rating and set a $65.00 target price on shares of Centerspace in a research report on Monday, January 5th.

Hedge Funds Weigh In On Centerspace

Several hedge funds have recently added to or reduced their stakes in CSR. Hsbc Holdings PLC boosted its holdings in Centerspace by 20.8% during the fourth quarter. Hsbc Holdings PLC now owns 26,911 shares of the company's stock worth $1,796,000 after buying an additional 4,626 shares during the last quarter. Capstone Wealth Management Inc. bought a new stake in shares of Centerspace in the 4th quarter valued at about $1,397,000. Mercer Global Advisors Inc. ADV increased its stake in shares of Centerspace by 17.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,836 shares of the company's stock valued at $323,000 after acquiring an additional 718 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Centerspace by 13.8% in the 4th quarter. NewEdge Advisors LLC now owns 17,129 shares of the company's stock valued at $1,143,000 after acquiring an additional 2,074 shares during the period. Finally, XTX Topco Ltd acquired a new stake in shares of Centerspace in the 4th quarter valued at approximately $928,000. Institutional investors and hedge funds own 79.00% of the company's stock.

Centerspace Trading Down 0.1%

CSR stock opened at $59.82 on Monday. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.86. Centerspace has a twelve month low of $52.76 and a twelve month high of $69.15. The company has a market cap of $1.00 billion, a P/E ratio of 59.82 and a beta of 0.81. The business has a fifty day moving average of $61.92 and a 200-day moving average of $62.64.

Centerspace (NYSE:CSR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 17th. The company reported ($1.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($2.31). The firm had revenue of $66.62 million during the quarter, compared to the consensus estimate of $69.77 million. Centerspace had a net margin of 6.25% and a return on equity of 2.00%. Centerspace has set its FY 2026 guidance at 4.810-5.050 EPS. As a group, equities research analysts expect that Centerspace will post 4.94 EPS for the current year.

Centerspace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 30th will be paid a dividend of $0.77 per share. The ex-dividend date of this dividend is Monday, March 30th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 5.1%. Centerspace's payout ratio is 308.00%.

Centerspace Company Profile

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.

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