Centerspace (NYSE:CSR) Issues FY 2026 Earnings Guidance

Key Points

• Centerspace issued FY 2026 EPS guidance of 4.810–5.050, essentially in line with the sell‑side consensus of 4.82, while not providing revenue guidance.
• In the most recent quarter the company missed expectations, reporting EPS of $(0.77) versus consensus $(0.29) and revenue of $65.07M versus $66.54M estimated.
• Centerspace pays a quarterly dividend of $0.77 (annualized $3.08) for a 4.5% yield

Centerspace (NYSE:CSR - Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 4.810-5.050 for the period, compared to the consensus EPS estimate of 4.820. The company issued revenue guidance of -.

Centerspace Trading Up 0.7%

Shares of NYSE:CSR traded up $0.47 during midday trading on Monday, reaching $68.85. 92,742 shares of the company's stock were exchanged, compared to its average volume of 128,595. The firm's 50 day simple moving average is $62.05 and its two-hundred day simple moving average is $63.41. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.04 and a quick ratio of 0.04. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 68.85 and a beta of 0.89. Centerspace has a fifty-two week low of $52.76 and a fifty-two week high of $69.61.

Centerspace (NYSE:CSR - Get Free Report) last posted its earnings results on Monday, May 4th. The company reported ($0.77) EPS for the quarter, missing analysts' consensus estimates of ($0.29) by ($0.48). The company had revenue of $65.07 million during the quarter, compared to analyst estimates of $66.54 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, sell-side analysts forecast that Centerspace will post 4.82 EPS for the current fiscal year.

Centerspace Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 30th were given a dividend of $0.77 per share. The ex-dividend date of this dividend was Monday, March 30th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.5%. Centerspace's dividend payout ratio (DPR) is presently 308.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on CSR shares. UBS Group upped their price target on Centerspace from $63.00 to $66.00 and gave the stock a "neutral" rating in a research note on Thursday, January 8th. Cantor Fitzgerald restated a "neutral" rating and issued a $65.00 price objective on shares of Centerspace in a report on Monday, January 5th. Wall Street Zen upgraded shares of Centerspace from a "strong sell" rating to a "sell" rating in a report on Saturday, April 11th. Piper Sandler raised shares of Centerspace from a "neutral" rating to an "overweight" rating and raised their price target for the company from $69.00 to $72.00 in a research report on Tuesday, April 7th. Finally, Royal Bank Of Canada upped their price objective on Centerspace from $68.00 to $72.00 and gave the stock an "outperform" rating in a research report on Thursday, February 19th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Centerspace presently has a consensus rating of "Hold" and a consensus price target of $68.83.

Institutional Trading of Centerspace

Hedge funds and other institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new position in Centerspace during the fourth quarter worth approximately $58,000. Federation des caisses Desjardins du Quebec boosted its stake in Centerspace by 26.5% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,337 shares of the company's stock worth $89,000 after purchasing an additional 280 shares during the period. Tower Research Capital LLC TRC increased its stake in Centerspace by 64.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,252 shares of the company's stock valued at $136,000 after purchasing an additional 879 shares during the period. First Trust Advisors LP acquired a new stake in shares of Centerspace during the fourth quarter worth about $203,000. Finally, Verition Fund Management LLC acquired a new position in Centerspace in the 4th quarter valued at about $224,000. Institutional investors and hedge funds own 79.00% of the company's stock.

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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