Centerspace (NYSE:CSR) Issues FY 2026 Earnings Guidance

Centerspace (NYSE:CSRGet Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 4.810-5.050 for the period, compared to the consensus estimate of 1.420. The company issued revenue guidance of -.

Centerspace Stock Performance

NYSE:CSR opened at $63.74 on Thursday. Centerspace has a twelve month low of $52.76 and a twelve month high of $69.15. The stock’s 50-day simple moving average is $65.15 and its 200 day simple moving average is $61.78. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $1.06 billion, a PE ratio of 63.51 and a beta of 0.78.

Centerspace (NYSE:CSRGet Free Report) last released its quarterly earnings data on Tuesday, February 17th. The company reported ($1.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.21 by ($2.31). Centerspace had a return on equity of 1.99% and a net margin of 6.25%.The company had revenue of $66.62 million for the quarter, compared to the consensus estimate of $69.77 million. Centerspace has set its FY 2026 guidance at 4.810-5.050 EPS. On average, analysts anticipate that Centerspace will post 4.94 EPS for the current fiscal year.

Centerspace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 30th will be paid a $0.77 dividend. The ex-dividend date of this dividend is Monday, March 30th. This represents a $3.08 annualized dividend and a dividend yield of 4.8%. Centerspace’s dividend payout ratio (DPR) is presently 308.00%.

Wall Street Analysts Forecast Growth

CSR has been the topic of a number of analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Centerspace in a research note on Monday, December 29th. Wall Street Zen raised shares of Centerspace from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Piper Sandler reissued a “neutral” rating and issued a $69.00 price objective on shares of Centerspace in a research note on Thursday. Raymond James Financial reaffirmed a “market perform” rating on shares of Centerspace in a research report on Wednesday, November 12th. Finally, UBS Group raised their target price on shares of Centerspace from $63.00 to $66.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $70.29.

Check Out Our Latest Report on Centerspace

Centerspace News Summary

Here are the key news stories impacting Centerspace this week:

Institutional Investors Weigh In On Centerspace

A number of large investors have recently bought and sold shares of CSR. Kestra Advisory Services LLC bought a new position in Centerspace in the 4th quarter worth approximately $58,000. Federation des caisses Desjardins du Quebec lifted its stake in shares of Centerspace by 26.5% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,337 shares of the company’s stock valued at $89,000 after acquiring an additional 280 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Centerspace by 64.0% during the second quarter. Tower Research Capital LLC TRC now owns 2,252 shares of the company’s stock valued at $136,000 after acquiring an additional 879 shares during the period. First Trust Advisors LP bought a new position in Centerspace in the fourth quarter valued at about $203,000. Finally, Verition Fund Management LLC acquired a new stake in Centerspace in the fourth quarter worth about $224,000. 79.00% of the stock is currently owned by institutional investors.

About Centerspace

(Get Free Report)

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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