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NYSE:CSR

Centerspace (CSR) Stock Price, News & Analysis

Centerspace logo
$69.64
-1.24 (-1.75%)
(As of 10/31/2024 ET)

About Centerspace Stock (NYSE:CSR)

Key Stats

Today's Range
$69.64
$71.31
50-Day Range
$69.11
$75.50
52-Week Range
$46.76
$76.16
Volume
153,156 shs
Average Volume
105,541 shs
Market Capitalization
$1.07 billion
P/E Ratio
N/A
Dividend Yield
4.31%
Price Target
$76.00
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
36th Percentile Overall Score

CSR MarketRank™: 

Centerspace scored higher than 36% of companies evaluated by MarketBeat, and ranked 767th out of 942 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 2.40, and is based on 2 buy ratings, 3 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 4.14% in the coming year, from $4.83 to $5.03 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Centerspace is -87.07, 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 -87.07, 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 2.07. 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 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Centerspace's valuation and earnings.
  • Percentage of Shares Shorted

    0.83% 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 0.9, 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 9.12%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Centerspace is a leading dividend payer. It pays a dividend yield of 4.26%, 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 59.64% 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

    0.83% 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 0.9, 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 9.12%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Centerspace has a news sentiment score of -0.07. 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 lower news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Centerspace this week, compared to 2 articles on an average week.
  • Search Interest

    1 people have searched for CSR on MarketBeat in the last 30 days.
  • 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

Piper Sandler Sticks to Its Hold Rating for Centerspace (CSR)
625,000% Gain
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Centerspace (CSR) to Release Quarterly Earnings on Monday
Earnings Preview: Centerspace
Centerspace: Strategic Growth and Stability Reinforce Buy Rating
Raymond James Downgrades Centerspace (NYSE:CSR) to Market Perform
See More Headlines

CSR Stock Analysis - Frequently Asked Questions

Centerspace's stock was trading at $58.20 at the beginning of the year. Since then, CSR stock has increased by 19.7% and is now trading at $69.66.
View the best growth stocks for 2024 here
.

Centerspace (NYSE:CSR) posted its quarterly earnings data on Monday, October, 28th. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of $1.17 by $1.57. The company had revenue of $65.03 million for the quarter, compared to the consensus estimate of $66.35 million. Centerspace had a negative trailing twelve-month return on equity of 0.67% and a negative net margin of 2.16%.

Centerspace's top institutional investors include Principal Financial Group Inc. (0.53%), Asset Management One Co. Ltd. (0.15%), State of Alaska Department of Revenue (0.11%) and Pensionfund Sabic (0.05%). 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
10/31/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/18/2025

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
$76.00
High Stock Price Target
$82.00
Low Stock Price Target
$68.00
Potential Upside/Downside
+9.1%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$41.97 million
Pretax Margin
-2.78%

Debt

Sales & Book Value

Annual Sales
$258.19 million
Cash Flow
$9.53 per share
Book Value
$55.64 per share

Miscellaneous

Free Float
15,159,000
Market Cap
$1.07 billion
Optionable
Optionable
Beta
0.89
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This page (NYSE:CSR) was last updated on 10/31/2024 by MarketBeat.com Staff
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