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CenterspaceNYSE: CSR

Profile

Industry:

Residential

Country:

United States

IPO:

17 October 1997

Next earnings report:

20 February 2025

Last dividends:

30 September 2024

Next dividends:

N/A
$1.11 B
-33%vs. 3y high
46%vs. sector
-vs. 3y high
-vs. sector
-34%vs. 3y high
64%vs. sector
-49%vs. 3y high
49%vs. sector

Price

after hours | Fri, 01 Nov 2024 21:05:00 GMT
$66.76-$2.90(-4.16%)
$65.03 M$66.15 M
$65.03 M-$888.00 K

Analysts recommendations

Institutional Ownership

CSR Latest News

Centerspace (CSR) Q3 2024 Earnings Call Transcript
seekingalpha.com29 October 2024 Sentiment: POSITIVE

Centerspace (NYSE:CSR ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Josh Klaetsch - IR Anne Olson - President and CEO Bhairav Patel - EVP and CFO Grant Campbell - SVP, Investments Conference Call Participants Brad Heffern - RBC Capital Markets John Kim - BMO Capital Markets Connor Mitchell - Piper Sandler Cooper Clark - Wells Fargo Rob Stevenson - Janney Michael Gorman - BTIG Mason Guell - Baird Operator Hello, everyone, and welcome to the Centerspace Q3 2024 Earnings Call. My name is Ezra, and I will be your coordinator today.

Centerspace Reports Third Quarter 2024 Financial Results and Raises Mid-Point for 2024 Core FFO per Share Guidance
prnewswire.com28 October 2024 Sentiment: POSITIVE

MINNEAPOLIS , Oct. 28, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and nine months ended September 30, 2024. The tables below show Net Income (Loss), Funds from Operations ("FFO")1, and Core FFO1, all on a per diluted share basis, for the three and nine months ended September 30, 2024; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; along with Same-Store Weighted-Average Occupancy and leasing rates for each of the three and applicable nine months ended September 30, 2024, June 30, 2024, and September 30, 2023.

CSR or AMH: Which Is the Better Value Stock Right Now?
zacks.com14 October 2024 Sentiment: POSITIVE

Investors interested in REIT and Equity Trust - Residential stocks are likely familiar with Centerspace (CSR) and American Homes 4 Rent (AMH). But which of these two stocks offers value investors a better bang for their buck right now?

CENTERSPACE EXPANDS PRESENCE IN DENVER MARKET & PROVIDES UPDATE ON THIRD QUARTER 2024 BALANCE SHEET ACTIVITY
prnewswire.com02 October 2024 Sentiment: POSITIVE

MINNEAPOLIS , Oct. 2, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced that on October 1, 2024, it closed on the acquisition of The Lydian in Denver, CO, for total consideration of $54 million. Centerspace also announced the completed redemption of all outstanding 6.625% Series C Cumulative Redeemable Preferred Shares on September 30, 2024.

Centerspace: One Of The Cheapest Multifamily REITs
seekingalpha.com06 September 2024 Sentiment: POSITIVE

Centerspace focuses on residential properties in Minnesota and Colorado. Its portfolio should benefit from stable population growth and lower unemployment rates in key markets. With manageable leverage, adequate liquidity, and a well-structured debt maturity profile, Centerspace faces minimal solvency risk and offers an attractive forward AFFO yield.

CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND, REDEMPTION OF SERIES C PREFERRED SHARES AND SHARE ISSUANCE UPDATE
prnewswire.com03 September 2024 Sentiment: POSITIVE

MINNEAPOLIS , Sept. 3, 2024 /PRNewswire/ -- (NYSE: CSR) Centerspace's (the "Company") Board of Trustees announced today that it has declared a regular quarterly distribution of $0.75 per share/unit, payable on October 10, 2024, to common shareholders and unitholders of record at the close of business on September 30, 2024.

Supporting Digital Skills Development: Beeline Kazakhstan Adds New Secondary School to Award-Winning CSR Programme
globenewswire.com02 September 2024 Sentiment: POSITIVE

Amsterdam and Almaty, 2 September 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides connectivity and online services (“VEON” or the “Company”), announces that its digital operator Beeline Kazakhstan, through its Corporate Foundation Zhyly Zhurek, is supporting digital skills development in Kazakhstan with the inauguration of a newly-constructed secondary school with high-end technology facilities.

Centerspace: Increased 2024 Outlook As Occupancy Recovers
seekingalpha.com30 August 2024 Sentiment: POSITIVE

Centerspace is a residential REIT focused primarily on Minnesota, Colorado, and North Dakota. The REIT has significantly outperformed the Vanguard Real Estate Index Fund ETF in 2024, delivering a 32% total return. While the stock price rally has reduced the company's sensitivity to Fed rate cuts, it remains attractively valued relative to peers such as Independence Realty Trust.

Centerspace Reports Second Quarter 2024 Financial Results and Raises Mid-Point for 2024 Core FFO per Share Guidance
prnewswire.com29 July 2024 Sentiment: POSITIVE

MINNEAPOLIS , July 29, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and six months ended June 30, 2024. The tables below show Net Income (Loss), Funds from Operations ("FFO")1, and Core FFO1, all on a per diluted share basis, for the three and six months ended June 30, 2024; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted-Average Occupancy for each of the three months ended June 30, 2024, March 31, 2024, and June 30, 2023.

CENTERSPACE APPOINTS JAY ROSENBERG TO BOARD OF TRUSTEES
prnewswire.com09 July 2024 Sentiment: POSITIVE

MINNEAPOLIS , July 9, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the appointment of Jay Rosenberg to its Board of Trustees on July 8, 2024. Mr. Rosenberg will also serve on Centerspace's Nominating and Corporate Governance Committee.

  • 1(current)

What type of business is Centerspace?

Centerspace, collectively with its consolidated subsidiaries (“Centerspace,” “the Company,” “we,” “us,” or “our”), is a North Dakota real estate investment trust (“REIT”) focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of March 31, 2024, Centerspace owned interests in 70 apartment communities consisting of 12,883 apartment homes.

What sector is Centerspace in?

Centerspace is in the Real Estate sector

What industry is Centerspace in?

Centerspace is in the Residential industry

What country is Centerspace from?

Centerspace is headquartered in United States

When did Centerspace go public?

Centerspace initial public offering (IPO) was on 17 October 1997

What is Centerspace website?

https://www.centerspacehomes.com

Is Centerspace in the S&P 500?

No, Centerspace is not included in the S&P 500 index

Is Centerspace in the NASDAQ 100?

No, Centerspace is not included in the NASDAQ 100 index

Is Centerspace in the Dow Jones?

No, Centerspace is not included in the Dow Jones index

When was Centerspace the previous earnings report?

No data

When does Centerspace earnings report?

The next expected earnings date for Centerspace is 20 February 2025