Centerspace (NYSE:CSR) Announces Earnings Results

Centerspace (NYSE:CSR) posted its earnings results on Tuesday. The company reported ($1.10) earnings per share for the quarter, missing the consensus estimate of $1.21 by ($2.31), FiscalAI reports. Centerspace had a net margin of 6.25% and a return on equity of 1.99%. The firm had revenue of $66.62 million during the quarter, compared to analyst estimates of $69.77 million. Centerspace updated its FY 2026 guidance to 4.810-5.050 EPS.

Centerspace Stock Performance

NYSE:CSR opened at $64.09 on Thursday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.18 and a quick ratio of 0.18. The firm has a market cap of $1.07 billion, a PE ratio of 64.09 and a beta of 0.78. The firm has a 50 day simple moving average of $65.15 and a 200-day simple moving average of $61.78. Centerspace has a 1-year low of $52.76 and a 1-year high of $69.15.

Centerspace Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 30th will be issued a dividend of $0.77 per share. The ex-dividend date is Monday, March 30th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.8%. Centerspace’s payout ratio is 308.00%.

Key Centerspace News

Here are the key news stories impacting Centerspace this week:

• Positive Sentiment: Company set 2026 targets and guidance that reassured investors — Centerspace published FY‑2026 guidance (EPS 4.810–5.050) and is targeting ~$4.93 core FFO per share, giving the market a clear earnings/FFO roadmap for next year. Centerspace targets $4.93 core FFO per share for 2026 while maintaining strategic review process
• Positive Sentiment: FFO beat in the quarter — Quarterly FFO was $1.25/share, above the Zacks consensus of $1.21, which investors favor for REIT valuation and cash‑flow focus. Centerspace (CSR) Tops Q4 FFO Estimates
• Positive Sentiment: Dividend maintained / announced — Board declared a quarterly dividend of $0.77 (annualized yield ~4.9%), supporting income‑oriented shareholders. (Record Mar. 30; pay Apr. 14.)
• Neutral Sentiment: Earnings call highlighted resilience — Management emphasized strong same‑store NOI growth amid market challenges and described a balanced, cautious tone on leasing and expense control. Centerspace (CSR) Q4 2025 Earnings Call Highlights: Strong NOI Growth Amid Market Challenges
• Neutral Sentiment: Strategic review continues — Company reiterated it is maintaining a strategic review process (potentially value‑enhancing but outcome/timing uncertain). Centerspace targets $4.93 core FFO per share for 2026 while maintaining strategic review process
• Negative Sentiment: GAAP EPS and revenue missed — Reported GAAP EPS was a loss of ($1.10) and revenue of $66.62M missed consensus (~$69.8M), which can worry some investors focused on near‑term results. Centerspace (CSR) Q4 2025 Earnings Call Transcript
• Negative Sentiment: New tax‑law risk disclosure — Centerspace disclosed tax‑law uncertainty that could affect its REIT status, cash flows and valuation, introducing regulatory/structural downside risk. Tax Law Uncertainty Poses Ongoing Risk to Centerspace’s REIT Status, Cash Flows and Valuation

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CSR. Captrust Financial Advisors grew its position in shares of Centerspace by 4.9% in the fourth quarter. Captrust Financial Advisors now owns 4,348 shares of the company’s stock valued at $290,000 after purchasing an additional 202 shares during the period. Engineers Gate Manager LP boosted its stake in Centerspace by 6.4% in the 4th quarter. Engineers Gate Manager LP now owns 4,091 shares of the company’s stock worth $273,000 after buying an additional 246 shares during the last quarter. State of Tennessee Department of Treasury boosted its stake in Centerspace by 3.7% in the 2nd quarter. State of Tennessee Department of Treasury now owns 6,877 shares of the company’s stock worth $414,000 after buying an additional 247 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in Centerspace by 26.5% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,337 shares of the company’s stock valued at $89,000 after buying an additional 280 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Centerspace by 2.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,790 shares of the company’s stock valued at $958,000 after buying an additional 287 shares during the period. Hedge funds and other institutional investors own 79.00% of the company’s stock.

Analyst Ratings Changes

CSR has been the topic of several recent research reports. Piper Sandler reiterated a “neutral” rating and issued a $69.00 price objective on shares of Centerspace in a research report on Thursday. Weiss Ratings restated a “hold (c+)” rating on shares of Centerspace in a research report on Monday, December 29th. Wells Fargo & Company increased their price target on shares of Centerspace from $60.00 to $74.00 and gave the company an “equal weight” rating in a research report on Monday, November 17th. Cantor Fitzgerald reissued a “neutral” rating and set a $65.00 price objective on shares of Centerspace in a research note on Monday, January 5th. Finally, UBS Group lifted their price objective on Centerspace from $63.00 to $66.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $70.29.

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.