Brokerages Set Centerspace (NYSE:CSR) Target Price at $69.86

Shares of Centerspace (NYSE:CSRGet Free Report) have been assigned an average rating of “Hold” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $70.2857.

Several analysts have recently commented on CSR shares. Piper Sandler increased their target price on shares of Centerspace from $66.00 to $69.00 and gave the company a “neutral” rating in a report on Thursday. Wells Fargo & Company upped their price objective on shares of Centerspace from $60.00 to $74.00 and gave the stock an “equal weight” rating in a research report on Monday, November 17th. Wall Street Zen raised shares of Centerspace from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Cantor Fitzgerald restated a “neutral” rating and issued a $65.00 target price on shares of Centerspace in a research note on Monday, January 5th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Centerspace in a research report on Wednesday, November 12th.

Get Our Latest Research Report on Centerspace

Hedge Funds Weigh In On Centerspace

Several institutional investors have recently added to or reduced their stakes in CSR. Wellington Management Group LLP raised its position in Centerspace by 324.4% in the fourth quarter. Wellington Management Group LLP now owns 855,869 shares of the company’s stock worth $57,104,000 after acquiring an additional 654,209 shares during the period. Land & Buildings Investment Management LLC raised its holdings in shares of Centerspace by 96.4% in the 3rd quarter. Land & Buildings Investment Management LLC now owns 599,252 shares of the company’s stock worth $35,296,000 after purchasing an additional 294,086 shares during the period. Long Pond Capital LP lifted its stake in Centerspace by 108.0% in the fourth quarter. Long Pond Capital LP now owns 444,101 shares of the company’s stock valued at $29,630,000 after purchasing an additional 230,638 shares during the last quarter. Geode Capital Management LLC grew its holdings in Centerspace by 0.9% during the second quarter. Geode Capital Management LLC now owns 435,025 shares of the company’s stock valued at $26,185,000 after purchasing an additional 4,090 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Centerspace by 9.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 340,286 shares of the company’s stock valued at $22,704,000 after purchasing an additional 28,809 shares during the period. Institutional investors own 79.00% of the company’s stock.

Centerspace News Summary

Here are the key news stories impacting Centerspace this week:

  • Positive Sentiment: Royal Bank of Canada raised its price target to $72 and kept an “outperform” rating, implying meaningful upside and likely supporting buying interest. RBC raises price target
  • Positive Sentiment: Centerspace declared a quarterly dividend of $0.77 (annualized yield ~4.8%), which increases income appeal for yield-focused investors and can support the share price through steady demand.
  • Positive Sentiment: Company targets roughly $4.93 core FFO per share for 2026 and highlighted strong NOI growth in the Q4 call — this guidance and underlying cash‑flow strength are constructive for valuation and justify analyst optimism. 2026 FFO target and strategic review
  • Neutral Sentiment: Full Q4 2025 earnings call transcripts and highlights are now available — useful for investors parsing management commentary on leasing, occupancies and the strategic review, but transcripts themselves are informational. Earnings call transcript
  • Neutral Sentiment: Analysts and coverage notes describe the quarter as balancing resilience with headwinds — signals that results are mixed and that execution/markets will determine the next leg of the stock’s move. Earnings call takeaways
  • Negative Sentiment: Centerspace recently missed Q4 EPS and revenue expectations, which remains a headwind and a reason some investors are cautious despite the guidance. (This underpins why the company’s upside is being weighed against execution risk.)
  • Negative Sentiment: New coverage flags tax‑law uncertainty as an ongoing risk to Centerspace’s REIT status, cash flows and valuation — a regulatory/tax risk that could negatively affect long‑term cash distributions and share value if unresolved. Tax law uncertainty risk

Centerspace Stock Performance

Shares of Centerspace stock opened at $63.60 on Friday. Centerspace has a 52 week low of $52.76 and a 52 week high of $69.15. The company has a quick ratio of 0.18, a current ratio of 0.04 and a debt-to-equity ratio of 0.86. The business has a 50 day moving average price of $65.14 and a 200-day moving average price of $61.79. The company has a market cap of $1.07 billion, a PE ratio of 63.60 and a beta of 0.78.

Centerspace (NYSE:CSRGet Free Report) last announced its 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 company had revenue of $66.62 million for the quarter, compared to analysts’ expectations 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. Equities analysts anticipate that Centerspace will post 4.94 earnings per share for the current fiscal year.

Centerspace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 30th will be given a dividend of $0.77 per share. 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 currently 308.00%.

Centerspace Company Profile

(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.

Read More

Analyst Recommendations for Centerspace (NYSE:CSR)

Receive News & Ratings for Centerspace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centerspace and related companies with MarketBeat.com's FREE daily email newsletter.