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Centerspace (CSR)

Common Stock · Currency in USD · XNYS

Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment which includes the ownership, management, development, redevelopment, and acquisition of apartment communities and conduct their corporate operations from offices in Minot, North Dakota and Minneapolis, Minnesota.

Company Info

SIC6798
Composite FIGIBBG000BVJ702
CIK0000798359
IPOOct 17, 1997
Sectorreal estate investment trusts

Highlights

Market Cap$1.00B
EPS$12.88
P/E Ratio3.84
Revenue$276.98M
Gross Profit$275.64M
Net Income$261.63M
Employees349
WSO16,774,337
Phone701-837-4738

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Centerspace, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Centerspace (CSR) has returned -10.11% so far this year and 2.57% over the past 12 months. Looking at the last ten years, CSR has achieved an annualized return of -1.26%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

CSR

1M-3.67%
6M1.65%
YTD-10.11%
1Y2.57%
5Y-2.64%
10Y-1.26%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Centerspace (CSR) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
2026-3.56%-2.89%-8.18%4.08%
2025-8.23%9.40%-1.89%-6.36%5.37%-3.94%-9.67%8.70%-0.74%1.07%13.87%0.18%
2024-4.96%2.09%3.46%16.90%1.23%-1.91%3.30%6.64%-5.08%-1.69%4.51%-8.63%
202314.77%-7.63%-12.03%2.94%5.06%4.35%1.22%1.68%-7.21%-18.86%10.16%8.87%
2022-14.44%-0.64%1.33%-6.56%-10.53%-2.67%4.96%-11.37%-10.29%2.17%-5.03%-8.95%
2021-2.02%-1.48%-2.30%2.73%0.17%10.99%14.29%12.32%-6.37%6.19%0.53%7.56%
20203.88%

Performance Indicators

The charts below present risk-adjusted performance metrics for Centerspace (CSR) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00CSR: -0.15SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00CSR: -0.24SPY: 1.40

Omega ratio

0.501.001.502.00CSR: 0.97SPY: 1.22

Calmar ratio

0.002.004.006.00CSR: -0.29SPY: 1.20

Martin ratio

0.001.003.00CSR: -0.03SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of CSR compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Centerspace volatility is 1.45%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520242023202220212020
Liabilities And Equity (USD)1.93B1.91B1.93B2.03B1.94B1.46B
Temporary Equity (USD)5.94M16.56M16.56M16.56M25.33M-
Equity Attributable To Parent (USD)719.16M653.90M709.83M729.54M772.03M618.21M
Equity Attributable To Noncontrolling Interest (USD)120.66M228.54M221.19M220.76M224.25M54.62M
Equity (USD)839.82M882.44M931.03M950.30M996.28M672.82M
Long-term Debt (USD)1.02B955.39M919.99M1.01B859.78M-
Noncurrent Liabilities (USD)------
Current Liabilities (USD)1.08B1.01B978.78M1.07B918.45M774.80M
Liabilities (USD)1.08B1.01B978.78M1.07B918.45M774.80M
Intangible Assets (USD)2.02M1.98M2.72M2.11M7.37M1.15M
Fixed Assets (USD)526.00K2.54M2.80M3.12M3.37M2.67M
Noncurrent Assets (USD)------
Current Assets (USD)1.93B1.91B1.93B2.03B1.94B1.46B
Assets (USD)1.93B1.91B1.93B2.03B1.94B1.46B

News and Insights

Land & Buildings Builds Significant Position in Centerspace, a Midwest-Focused Apartment REIT

Land & Buildings Investment Management acquired 229,146 additional shares of Centerspace, increasing its stake to 9.19% of the fund's assets. The position is valued at $55.27 million following the $14.4 million purchase. Centerspace, a Midwest and Mountain West apartment REIT, offers stable rental income through its regional focus on affordability and consistent occupancy rather than aggressive rent growth.

The Motley Fool faviconThe Motley FoolEric Trie
CENTERSPACE ANNOUNCES 2025 DIVIDEND ALLOCATIONS

Centerspace (NYSE: CSR) announced the tax treatment of its 2025 dividend distributions on common shares. Cash distributions made on January 12, 2026, with a record date of December 30, 2025, are treated as received by shareholders on December 31, 2025, to the extent of 2025 undistributed earnings and profits. The company owns 61 apartment communities with 12,262 homes across seven western states.

Benzinga faviconBenzingaPrnewswire
CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND

Centerspace (CSR) declared a quarterly dividend of $0.77 per share/unit, payable on January 12, 2026, to shareholders of record as of December 30, 2025.

Benzinga faviconBenzingaPrnewswire
CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND

Centerspace, a real estate investment trust, announced a regular quarterly dividend of $0.75 per share/unit, payable on January 13, 2025, to common shareholders and unitholders of record at the close of business on December 30, 2024.

Benzinga faviconBenzingaPrnewswire
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Billionaire Investors Say 'Buy REITs'

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Seeking Alpha faviconSeeking AlphaJussi Askola, CFA
Centerspace (CSR) Beats Q1 FFO Estimates

Centerspace (CSR) delivered FFO and revenue surprises of 9.82% and 1.22%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

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