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Upturn AI SWOT - About
Centerspace (CSR)
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Upturn Advisory Summary
07/02/2025: CSR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
12 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $70.79
1 Year Target Price $70.79
| 2 | Strong Buy |
| 4 | Buy |
| 6 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -5.87% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/02/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.07B USD | Price to earnings Ratio - | 1Y Target Price 70.79 |
Price to earnings Ratio - | 1Y Target Price 70.79 | ||
Volume (30-day avg) 12 | Beta 0.77 | 52 Weeks Range 53.45 - 73.23 | Updated Date 07/2/2025 |
52 Weeks Range 53.45 - 73.23 | Updated Date 07/2/2025 | ||
Dividends yield (FY) 5.12% | Basic EPS (TTM) -1.12 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -3.99% | Operating Margin (TTM) 7.87% |
Management Effectiveness
Return on Assets (TTM) 0.8% | Return on Equity (TTM) -1.51% |
Valuation
Trailing PE - | Forward PE 769.23 | Enterprise Value 1968883342 | Price to Sales(TTM) 4.05 |
Enterprise Value 1968883342 | Price to Sales(TTM) 4.05 | ||
Enterprise Value to Revenue 7.47 | Enterprise Value to EBITDA 14.87 | Shares Outstanding 16735000 | Shares Floating 16645644 |
Shares Outstanding 16735000 | Shares Floating 16645644 | ||
Percent Insiders 0.53 | Percent Institutions 87.81 |
Upturn AI SWOT
Centerspace
Company Overview
History and Background
Centerspace, formerly known as Investors Real Estate Trust (IRET), was founded in 1970. It transitioned to Centerspace in 2021, reflecting its focus on owning and managing apartment communities in the Mountain and Midwest regions of the United States. Initially focused on a diversified real estate portfolio, it strategically shifted its focus to multifamily housing.
Core Business Areas
- Multifamily Housing: Centerspace's primary business is acquiring, owning, and operating apartment communities. They focus on middle-market properties in growing markets.
Leadership and Structure
Mark O. Decker, Jr. is the CEO. The company operates as a Real Estate Investment Trust (REIT) with a board of trustees overseeing its operations.
Top Products and Market Share
Key Offerings
- Apartment Communities: Centerspace owns and manages a portfolio of apartment communities primarily in the Mountain and Midwest regions. Revenue depends on occupancy rates and rental income. Competitors include larger, more geographically diverse REITs and private apartment owners.
Market Dynamics
Industry Overview
The multifamily housing industry is influenced by factors such as population growth, employment rates, interest rates, and housing affordability. Demand is generally strong, particularly in growing metropolitan areas. New construction and economic cycles affect market dynamics.
Positioning
Centerspace focuses on middle-market properties in specific geographic regions, differentiating itself from larger, more diversified REITs. Their strategy involves acquiring properties with value-add potential and improving operations to increase occupancy and rents.
Total Addressable Market (TAM)
The total addressable market for multifamily housing is substantial and varies depending on the specific regions Centerspace operates in. It's a multi-billion dollar market. Centerspace is positioned to capture a share of this market by focusing on specific geographic areas and property types. It is estimated to be around $600 Billion in the US
Upturn SWOT Analysis
Strengths
- Focus on specific geographic regions
- Experience in value-add property improvements
- Strong management team
- Stable cash flow from rental income
Weaknesses
- Limited geographic diversification
- Sensitivity to regional economic downturns
- Smaller size compared to larger REITs
- Potential for increased operating costs
Opportunities
- Acquisitions of undervalued properties
- Increased demand for rental housing
- Expansion into new markets within their geographic focus
- Development of new apartment communities
Threats
- Rising interest rates
- Increased competition from new construction
- Economic recession
- Changes in government regulations
Competitors and Market Share
Key Competitors
- AvalonBay Communities Inc. (AVB)
- Equity Residential (EQR)
- Mid-America Apartment Communities Inc. (MAA)
Competitive Landscape
Centerspace is smaller than its larger peers. It has a competitive advantage in select markets due to its regional focus. However, it faces competition for acquisitions and tenants.
Growth Trajectory and Initiatives
Historical Growth: Centerspace's historical growth is tied to acquisitions and organic rent growth within its existing portfolio.
Future Projections: Future growth depends on their ability to acquire and improve properties, as well as the overall health of the multifamily housing market in their target regions.
Recent Initiatives: Recent initiatives may include property renovations, acquisitions, and strategic partnerships.
Summary
Centerspace is a regional REIT focused on multifamily housing. It focuses on middle-market properties. A key strength is regional expertise. It needs to manage interest rate risk and competition from new construction. Financial performance and growth will depend on the company's ability to improve their properties in their portfolio.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Centerspace Investor Relations
- SEC Filings (10-K, 10-Q)
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market data and analyst estimates are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Centerspace
Exchange NYSE | Headquaters Minot, ND, United States | ||
IPO Launch date 1997-10-17 | President, CEO, Secretary & Executive Trustee Ms. Anne M. Olson Esq. | ||
Sector Real Estate | Industry REIT - Residential | Full time employees 374 | Website https://www.centerspacehomes.com |
Full time employees 374 | Website https://www.centerspacehomes.com | ||
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 March 31, 2025, Centerspace owned 71 apartment communities consisting of 13,012 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a top workplace for the fifth consecutive year in 2024 by the Minneapolis Star Tribune.
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