Centerspace (CSR)Real Estate | REIT - Residential | Minot, United States | NYSE
55.88 USD
+0.41
(0.739%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 55.88 |
Hot Take ↕ | Oct. 10, 2026, 4:23 a.m. EDT
The immediate outlook is bearish, driven by a confluence of deteriorating fundamentals and defensive options positioning. The company recently missed earnings estimates by a wide margin, triggering a sharp stock decline, while revenue growth has turned negative at -4%. Although the dividend yield of 5.66% appears attractive, the payout ratio of 183% is a critical red flag, indicating the company is paying out nearly double its earnings, which is unsustainable and risks NAV erosion. The balance sheet is also strained with a debt-to-equity ratio exceeding 124%. While the long-term trajectory shows a slight net gain over nine years, the most recent annual performance was a significant drop, and the statistical forecast models a slight downside bias. The options market confirms this pessimism, with traders buying protection via deep out-of-the-money puts rather than betting on a recovery. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.028260 |
| AutoARIMA | 0.029030 |
| AutoETS | 0.029422 |
| MSTL | 0.029735 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 0.85 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.620 |
| Excess Kurtosis | -0.61 |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-09-28 |
| Last Dividend Date | 2026-09-28 |
| Debt to Equity Ratio | 124.015 |
| Revenue per Share | 16.045 |
| Market Cap | 988,996,864 |
| Trailing P/E | 44.35 |
| Forward P/E | -155.22 |
| Beta | 0.87 |
| Profit Margins | 8.08% |
| Previous Name | Investors Real Estate Trust |
| Website | https://www.centerspacehomes.com |
As of Oct. 10, 2026, 4:23 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume relative to calls, particularly for the December expiration where OTM puts dominate open interest. This suggests a fear of further downside or a 'crash' scenario rather than a rally. Call activity is sparse and concentrated at strikes significantly above the current price, indicating limited bullish conviction in the near term.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.40% | 5.25% | 4.99% | 4.68% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-29 | 0.77 | 1.396699 |
| 2026-06-29 | 0.77 | 1.353727 |
| 2026-03-30 | 0.77 | 1.340763 |
| 2025-12-30 | 0.77 | 1.157721 |
| 2025-09-29 | 0.77 | 1.336573 |
| 2025-06-27 | 0.77 | 1.282051 |
| 2025-03-28 | 0.77 | 1.208412 |
| 2024-12-30 | 0.75 | 1.151190 |
| 2024-09-30 | 0.75 | 1.064283 |
| 2024-06-28 | 0.75 | 1.108975 |
| 2024-03-27 | 0.75 | 1.332623 |
| 2023-12-28 | 0.73 | 1.230406 |
| 2023-09-28 | 0.73 | 1.210212 |
| 2023-06-29 | 0.73 | 1.195741 |
| 2023-03-30 | 0.73 | 1.377358 |
| 2022-12-29 | 0.73 | 1.239178 |
| 2022-09-29 | 0.73 | 1.094945 |
| 2022-06-29 | 0.73 | 0.909317 |
| 2022-03-30 | 0.73 | 0.740816 |
| 2021-12-31 | 0.72 | 0.649234 |
| 2021-09-29 | 0.72 | 0.738386 |
| 2021-06-29 | 0.70 | 0.901133 |
| 2021-03-30 | 0.70 | 1.008355 |
| 2020-12-31 | 0.70 | 0.990940 |
| 2020-09-29 | 0.70 | 1.061410 |
| 2020-06-29 | 0.70 | 1.021898 |
| 2020-03-30 | 0.70 | 1.332065 |
| 2019-12-31 | 0.70 | 0.965517 |
| 2019-09-13 | 0.70 | 0.981630 |
| 2019-06-14 | 0.70 | 1.166278 |
| 2019-03-14 | 0.70 | 1.204819 |
| 2018-12-31 | 0.70 | 1.426534 |
| 2018-09-14 | 0.70 | 1.256732 |
| 2018-06-14 | 0.70 | 1.238938 |
| 2018-03-14 | 0.70 | 1.428571 |
| 2017-12-29 | 0.70 | 1.232394 |
| 2017-09-14 | 0.70 | 1.198630 |
| 2017-06-13 | 0.70 | 1.116427 |
| 2017-03-16 | 0.70 | 1.200686 |
| 2016-12-29 | 1.30 | 1.849218 |
| 2016-09-13 | 1.30 | 2.264808 |
| 2016-06-13 | 1.30 | 2.037618 |
| 2016-03-17 | 1.30 | 1.823282 |
| 2015-12-30 | 1.30 | 1.849218 |
| 2015-09-11 | 1.30 | 1.923077 |
| 2015-06-11 | 1.30 | 1.846591 |
| 2015-03-12 | 1.30 | 1.828411 |
| 2014-12-30 | 1.30 | 1.566265 |
| 2014-09-11 | 1.30 | 1.564380 |
| 2014-06-12 | 1.30 | 1.454139 |
| 2014-03-13 | 1.30 | 1.525822 |
| 2013-12-30 | 1.30 | 1.502890 |
| 2013-09-12 | 1.30 | 1.610905 |
| 2013-06-12 | 1.30 | 1.560624 |
| 2013-03-14 | 1.30 | 1.349948 |
| 2012-12-28 | 1.30 | 1.520468 |
| 2012-09-13 | 1.30 | 1.581509 |
| 2012-06-13 | 1.30 | 1.775956 |
| 2012-03-15 | 1.30 | 1.677419 |
| 2011-12-29 | 1.30 | 1.742627 |
| 2011-09-08 | 1.30 | 1.754386 |
| 2011-06-13 | 1.72 | 1.857451 |
| 2011-03-17 | 1.72 | 1.915367 |
| 2010-12-30 | 1.72 | 1.902655 |
| 2010-09-13 | 1.72 | 2.057416 |
| 2010-06-11 | 1.72 | 1.943503 |
| 2010-03-11 | 1.72 | 1.873638 |
| 2009-12-30 | 1.72 | 1.885965 |
| 2009-09-11 | 1.71 | 1.854664 |
| 2009-06-11 | 1.71 | 2.035714 |
| 2009-03-12 | 1.70 | 1.768991 |
| 2008-12-30 | 1.70 | 1.622137 |
| 2008-09-11 | 1.69 | 1.597353 |
| 2008-06-12 | 1.69 | 1.683267 |
| 2008-03-12 | 1.68 | 1.854305 |
| 2007-12-28 | 1.68 | 1.828074 |
| 2007-09-12 | 1.67 | 1.632454 |
| 2007-06-13 | 1.67 | 1.619787 |
| 2007-03-13 | 1.66 | 1.632252 |
| 2006-12-28 | 1.66 | 1.610087 |
| 2006-09-13 | 1.65 | 1.692308 |
| 2006-06-14 | 1.65 | 1.805252 |
| 2006-03-15 | 1.64 | 1.726316 |
| 2005-09-15 | 1.63 | 1.735889 |
| 2005-06-15 | 1.63 | 1.717597 |
| 2005-03-16 | 1.62 | 1.712474 |
| 2005-01-11 | 1.61 | 1.626263 |
| 2004-09-15 | 1.61 | 1.606786 |
| 2004-06-16 | 1.61 | 1.618090 |
| 2004-03-11 | 1.60 | 1.616162 |
| 2004-01-08 | 1.60 | 1.535509 |
| 2003-08-26 | 1.59 | 1.591592 |
| 2003-06-13 | 1.59 | 1.606061 |
| 2003-03-12 | 1.58 | 1.664910 |
| 2002-12-30 | 1.57 | 1.557540 |
| 2002-09-11 | 1.56 | 1.524927 |
| 2002-06-12 | 1.54 | 1.468065 |
| 2002-03-13 | 1.52 | 1.533804 |
| 2001-12-28 | 1.50 | 1.604278 |
| 2001-06-13 | 1.45 | 1.693925 |
| 2001-03-14 | 1.43 | 1.682353 |
| 2000-12-28 | 1.40 | 1.799197 |
| 2000-09-13 | 1.35 | 1.636364 |
| 2000-06-14 | 1.33 | 1.688889 |
| 2000-03-15 | 1.30 | 1.677419 |
| 1999-12-30 | 1.28 | 1.551515 |
| 1999-09-13 | 1.26 | 1.694118 |
| 1999-06-11 | 1.22 | 1.600000 |
| 1999-03-11 | 1.22 | 1.626667 |
| 1998-12-30 | 1.20 | 1.613445 |
| 1998-09-10 | 1.15 | 1.586207 |
| 1998-06-09 | 1.10 | 1.517241 |
| 1998-03-06 | 1.08 | 1.489655 |
| 1997-12-30 | 1.05 | 1.460870 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.072531104 |
| Address1 | 1,324 20th Avenue SW |
| Address2 | Post Office Box 1988 |
| All Time High | 178.75 |
| All Time Low | 43.58 |
| Ask | 57.5 |
| Ask Size | 300 |
| Audit Risk | 3 |
| Average Analyst Rating | 2.6 - Hold |
| Average Daily Volume10 Day | 222,000 |
| Average Daily Volume3 Month | 235,885 |
| Average Volume | 235,885 |
| Average Volume10Days | 222,000 |
| Beta | 0.868 |
| Bid | 52.25 |
| Bid Size | 100 |
| Board Risk | 1 |
| Book Value | 40.509 |
| City | Minot |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 55.88 |
| Current Ratio | 3.112 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 56.48 |
| Day Low | 55.49 |
| Debt To Equity | 124.015 |
| Dividend Date | 1,791,936,000 |
| Dividend Yield | 5.5 |
| Earnings Call Timestamp End | 1,785,852,000 |
| Earnings Call Timestamp Start | 1,785,852,000 |
| Earnings Timestamp | 1,793,649,600 |
| Earnings Timestamp End | 1,793,649,600 |
| Earnings Timestamp Start | 1,793,649,600 |
| Ebitda | 132,824,000 |
| Ebitda Margins | 0.49401 |
| Enterprise To Ebitda | 15.338 |
| Enterprise To Revenue | 7.577 |
| Enterprise Value | 2,037,209,216 |
| Eps Forward | -0.36 |
| Eps Trailing Twelve Months | 1.26 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,790,640,000 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 701 838 7785 |
| Fifty Day Average | 55.0408 |
| Fifty Day Average Change | 0.8392029 |
| Fifty Day Average Change Percent | 0.015246924 |
| Fifty Two Week Change Percent | -7.2531104 |
| Fifty Two Week High | 69.61 |
| Fifty Two Week High Change | -13.73 |
| Fifty Two Week High Change Percent | -0.19724177 |
| Fifty Two Week Low | 52.0 |
| Fifty Two Week Low Change | 3.880001 |
| Fifty Two Week Low Change Percent | 0.074615404 |
| Fifty Two Week Range | 52.0 - 69.61 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 877,095,000,000 |
| Five Year Avg Dividend Yield | 4.33 |
| Float Shares | 15,446,420 |
| Forward Eps | -0.36 |
| Forward P E | -155.22221 |
| Free Cashflow | 106,247,624 |
| Full Exchange Name | NYSE |
| Full Time Employees | 334 |
| Fullday Change | 0.40999985 |
| Fullday Change Percent | 0.73913795 |
| Fullday Price | 55.88 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.59305 |
| Gross Profits | 159,454,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0066799996 |
| Held Percent Institutions | 0.96965 |
| Implied Shares Outstanding | 17,698,585 |
| Industry | REIT - Residential |
| Industry Disp | REIT - Residential |
| Industry Key | reit-residential |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,790,640,000 |
| Last Dividend Value | 0.77 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,545,955,200 |
| Last Split Factor | 1:10 |
| Long Business Summary | Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. As of September 3o, 2026, Centerspace owned 47 apartment communities consisting of 10,456 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and Utah. Centerspace was established in 1970 and incorporated in North Dakota. |
| Long Name | Centerspace |
| Market | us_market |
| Market Cap | 988,996,864 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_392530 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-16 |
| Net Income To Common | 21,361,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 925,210,981 |
| Number Of Analyst Opinions | 7 |
| Open | 56.0 |
| Operating Cashflow | 91,887,000 |
| Operating Margins | 0.12628001 |
| Overall Risk | 1 |
| Payout Ratio | 1.8333 |
| Peg Ratio | 40.89 |
| Phone | 701 837 4738 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 55.88 |
| Post Market Time | 1,792,094,420 |
| Prev Name | Investors Real Estate Trust |
| Previous Close | 55.47 |
| Price Hint | 2 |
| Price To Book | 1.3794466 |
| Price To Sales Trailing12 Months | 3.678332 |
| Profit Margins | 0.080790006 |
| Quick Ratio | 0.158 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.55556 |
| Region | US |
| Regular Market Change | 0.41 |
| Regular Market Change Percent | 0.739138 |
| Regular Market Day High | 56.48 |
| Regular Market Day Low | 55.49 |
| Regular Market Day Range | 55.49 - 56.48 |
| Regular Market Open | 56.0 |
| Regular Market Previous Close | 55.47 |
| Regular Market Price | 55.88 |
| Regular Market Time | 1,792,094,402 |
| Regular Market Volume | 168,550 |
| Return On Assets | 0.0073900004 |
| Return On Equity | 0.03388 |
| Revenue Growth | -0.04 |
| Revenue Per Share | 16.045 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 2 |
| Shares Outstanding | 16,797,585 |
| Shares Percent Shares Out | 0.061100002 |
| Shares Short | 1,026,292 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 617,467 |
| Short Name | D/B/A Centerspace |
| Short Percent Of Float | 0.08979999 |
| Short Ratio | 2.63 |
| Source Interval | 15 |
| State | ND |
| Symbol | CSR |
| Target High Price | 80.0 |
| Target Low Price | 56.0 |
| Target Mean Price | 63.42857 |
| Target Median Price | 64.0 |
| Total Cash | 8,560,000 |
| Total Cash Per Share | 0.51 |
| Total Debt | 989,582,976 |
| Total Revenue | 268,871,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 3.08 |
| Trailing Annual Dividend Yield | 0.055525508 |
| Trailing Eps | 1.26 |
| Trailing P E | 44.34921 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 60.1302 |
| Two Hundred Day Average Change | -4.2501984 |
| Two Hundred Day Average Change Percent | -0.070683256 |
| Type Disp | Equity |
| Volume | 168,550 |
| Website | https://www.centerspacehomes.com |
| Zip | 58,702-1988 |