Centerspace (CSR)Real Estate | REIT - Residential | Minot, United States | NYSE
55.15 USD
-0.63
(-1.129%) ⇩
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:48 a.m. EDT
The investment case here is severely compromised by deteriorating fundamentals and a broken price trend. The company is reporting negative revenue growth (-3%) and negative forward earnings, while the stock has suffered a multi-year decline, dropping nearly 20% in the most recent fiscal year. Despite a 5.58% yield, the payout ratio of 6.55% is misleadingly low because the denominator (trailing EPS) is artificially depressed by the recent earnings miss; the business is generating minimal returns on equity (1.4%), indicating a failing operation rather than a distressed value opportunity. While the recent price action shows a slight bounce, the technicals remain bearish, trading well below both the 50-day and 200-day averages. Options data confirms this pessimism, with traders loading up on puts at lower strikes, signaling a fear of further downside rather than a belief in a reversal. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.104971 |
| AutoETS | 0.105722 |
| AutoARIMA | 0.105723 |
| MSTL | 0.109898 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 196.03 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.042 |
| Excess Kurtosis | -1.69 |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-03-29 |
| Last Dividend Date | 2026-06-28 |
| Debt to Equity Ratio | 124.453 |
| Revenue per Share | 16.227 |
| Market Cap | 977,431,616 |
| Trailing P/E | 117.34 |
| Forward P/E | -106.35 |
| Beta | 0.92 |
| Profit Margins | 3.07% |
| Previous Name | Investors Real Estate Trust |
| Website | https://www.centerspacehomes.com |
As of July 11, 2026, 5:48 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated significantly below the current price (at the 45 and 50 strikes), while call activity remains sparse and focused on out-of-the-money strikes. This imbalance suggests a market expectation of further downside or a lack of conviction in a near-term recovery.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.35% | 5.19% | 4.93% | 4.54% |
| Date | Dividend | Yield % |
|---|---|---|
| 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 | -0.07605964 |
| Address1 | 1,324 20th Avenue SW |
| Address2 | Post Office Box 1988 |
| All Time High | 178.75 |
| All Time Low | 43.58 |
| Ask | 56.12 |
| Ask Size | 200 |
| Audit Risk | 4 |
| Average Daily Volume10 Day | 136,010 |
| Average Daily Volume3 Month | 154,018 |
| Average Volume | 154,018 |
| Average Volume10Days | 136,010 |
| Beta | 0.915 |
| Bid | 54.0 |
| Bid Size | 100 |
| Board Risk | 1 |
| Book Value | 41.36 |
| City | Minot |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 55.15 |
| Current Ratio | 0.332 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 56.34 |
| Day Low | 54.91 |
| Debt To Equity | 124.453 |
| Dividend Date | 1,783,987,200 |
| Dividend Rate | 3.08 |
| Dividend Yield | 5.58 |
| Earnings Call Timestamp End | 1,785,873,600 |
| Earnings Call Timestamp Start | 1,785,873,600 |
| Earnings Timestamp | 1,785,787,200 |
| Earnings Timestamp End | 1,785,787,200 |
| Earnings Timestamp Start | 1,785,787,200 |
| Ebitda | 134,684,992 |
| Ebitda Margins | 0.49583 |
| Enterprise To Ebitda | 15.264 |
| Enterprise To Revenue | 7.568 |
| Enterprise Value | 2,055,884,672 |
| Eps Current Year | -0.90534 |
| Eps Forward | -0.51859 |
| Eps Trailing Twelve Months | 0.47 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,774,828,800 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 701 838 7785 |
| Fifty Day Average | 61.4336 |
| Fifty Day Average Change | -6.2836 |
| Fifty Day Average Change Percent | -0.102282785 |
| Fifty Two Week Change Percent | -7.6059637 |
| Fifty Two Week High | 69.61 |
| Fifty Two Week High Change | -14.459999 |
| Fifty Two Week High Change Percent | -0.20772876 |
| Fifty Two Week Low | 52.76 |
| Fifty Two Week Low Change | 2.3900032 |
| Fifty Two Week Low Change Percent | 0.04529953 |
| Fifty Two Week Range | 52.76 - 69.61 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 877,095,000,000 |
| Five Year Avg Dividend Yield | 4.37 |
| Float Shares | 16,684,855 |
| Forward Eps | -0.51859 |
| Forward P E | -106.34606 |
| Free Cashflow | 103,208,872 |
| Full Exchange Name | NYSE |
| Full Time Employees | 334 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.58889 |
| Gross Profits | 159,966,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00669 |
| Held Percent Institutions | 0.95079005 |
| Implied Shares Outstanding | 17,723,148 |
| Industry | REIT - Residential |
| Industry Disp | REIT - Residential |
| Industry Key | reit-residential |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,782,691,200 |
| 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 March 31, 2026, Centerspace owned 61 apartment communities consisting of 12,263 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah. Centerspace was named a top workplace for the sixth consecutive year in 2025 by the Minnesota Star Tribune. Centerspace was established and incorporated on July 31, 1970 in North Dakota and is based in Minot, North Dakota. |
| Long Name | Centerspace |
| Market | us_market |
| Market Cap | 977,431,616 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_392530 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-15 |
| Net Income To Common | 7,946,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 937,279,595 |
| Number Of Analyst Opinions | 8 |
| Open | 55.76 |
| Operating Cashflow | 94,447,000 |
| Operating Margins | 0.06587 |
| Overall Risk | 1 |
| Payout Ratio | 6.5532002 |
| Peg Ratio | 40.89 |
| Phone | 701 837 4738 |
| Pre Market Change | -0.7400017 |
| Pre Market Change Percent | -1.3417981 |
| Pre Market Price | 54.41 |
| Pre Market Time | 1,784,116,369 |
| Prev Name | Investors Real Estate Trust |
| Previous Close | 55.78 |
| Price Eps Current Year | -60.91634 |
| Price Hint | 2 |
| Price To Book | 1.333414 |
| Price To Sales Trailing12 Months | 3.5982873 |
| Profit Margins | 0.03066 |
| Quick Ratio | 0.068 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.629997 |
| Regular Market Change Percent | -1.12943 |
| Regular Market Day High | 56.34 |
| Regular Market Day Low | 54.91 |
| Regular Market Day Range | 54.91 - 56.34 |
| Regular Market Open | 55.76 |
| Regular Market Previous Close | 55.78 |
| Regular Market Price | 55.15 |
| Regular Market Time | 1,784,059,202 |
| Regular Market Volume | 177,879 |
| Return On Assets | 0.00748 |
| Return On Equity | 0.01435 |
| Revenue Growth | -0.03 |
| Revenue Per Share | 16.227 |
| Sand P52 Week Change | 0.2043345 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 16,803,148 |
| Shares Percent Shares Out | 0.0377 |
| Shares Short | 633,266 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 644,867 |
| Short Name | D/B/A Centerspace |
| Short Percent Of Float | 0.0554 |
| Short Ratio | 2.72 |
| Source Interval | 15 |
| State | ND |
| Symbol | CSR |
| Target High Price | 70.0 |
| Target Low Price | 64.0 |
| Target Mean Price | 67.5625 |
| Target Median Price | 68.5 |
| Total Cash | 7,555,000 |
| Total Cash Per Share | 0.45 |
| Total Debt | 1,015,633,984 |
| Total Revenue | 271,638,016 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 3.08 |
| Trailing Annual Dividend Yield | 0.055216923 |
| Trailing Eps | 0.47 |
| Trailing P E | 117.34043 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 62.51205 |
| Two Hundred Day Average Change | -7.362049 |
| Two Hundred Day Average Change Percent | -0.117770076 |
| Type Disp | Equity |
| Volume | 177,879 |
| Website | https://www.centerspacehomes.com |
| Zip | 58,702-1988 |