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CSR
Upturn stock ratingUpturn stock rating

Centerspace (CSR)

Upturn stock ratingUpturn stock rating
$58.2
Last Close (24-hour delay)
Profit since last BUY-3.8%
upturn advisory
Consider higher Upturn Star rating
BUY since 10 days
  • BUY Advisory
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  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

09/18/2025: CSR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

12 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $67.41

1 Year Target Price $67.41

Analysts Price Target For last 52 week
$67.41 Target price
52w Low $52.76
Current$58.2
52w High $73.23

Analysis of Past Performance

Type Stock
Historic Profit -9.45%
Avg. Invested days 33
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/18/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.02B USD
Price to earnings Ratio -
1Y Target Price 67.41
Price to earnings Ratio -
1Y Target Price 67.41
Volume (30-day avg) 12
Beta 0.77
52 Weeks Range 52.76 - 73.23
Updated Date 09/18/2025
52 Weeks Range 52.76 - 73.23
Updated Date 09/18/2025
Dividends yield (FY) 5.33%
Basic EPS (TTM) -1.8

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -8.89%
Operating Margin (TTM) 11.88%

Management Effectiveness

Return on Assets (TTM) 0.79%
Return on Equity (TTM) -3.26%

Valuation

Trailing PE -
Forward PE 55.56
Enterprise Value 2070505846
Price to Sales(TTM) 3.8
Enterprise Value 2070505846
Price to Sales(TTM) 3.8
Enterprise Value to Revenue 7.75
Enterprise Value to EBITDA 17.23
Shares Outstanding 16756689
Shares Floating 16665197
Shares Outstanding 16756689
Shares Floating 16665197
Percent Insiders 0.55
Percent Institutions 88.14

ai summary icon Upturn AI SWOT

Centerspace

stock logo

Company Overview

overview logo History and Background

Centerspace, formerly known as Investors Real Estate Trust (IRET), was founded in 1970. Initially focused on a broader range of real estate investments, it has strategically shifted its focus to the ownership, management, acquisition, and redevelopment of apartment communities in the Midwest, Mountain West, and Southwest regions of the United States.

business area logo Core Business Areas

  • Apartment Ownership and Management: Centerspace owns and manages a portfolio of apartment communities. The Company derives revenue primarily from tenant rental income and other ancillary services.
  • Acquisition and Redevelopment: Centerspace actively seeks opportunities to acquire existing apartment communities and redevelop properties to enhance their value and appeal.

leadership logo Leadership and Structure

Mark O. Decker, Jr. is the Chief Executive Officer. The organizational structure includes departments for property management, finance, acquisitions, and development, overseen by a board of trustees.

Top Products and Market Share

overview logo Key Offerings

  • Apartment Rentals: Centerspace provides apartment rentals across its portfolio of properties. Data on specific revenue per property is not publicly and readily available. Competitors include Equity Residential (EQR), AvalonBay Communities (AVB), and UDR, Inc. (UDR).

Market Dynamics

industry overview logo Industry Overview

The apartment REIT industry is influenced by factors like population growth, job creation, interest rates, and housing affordability. Demand for rental housing remains strong in many markets, but new construction and rising interest rates present challenges.

Positioning

Centerspace focuses on select markets in the Midwest, Mountain West, and Southwest, aiming to offer high-quality apartment communities in desirable locations. They differentiate through renovation programs and focus on resident experience.

Total Addressable Market (TAM)

The U.S. multifamily housing market is estimated to be worth trillions of dollars. Centerspace's positioning allows it to capture a share of this market by focusing on specific geographic regions and demographics.

Upturn SWOT Analysis

Strengths

  • Geographic concentration in growing markets
  • Experienced management team
  • Focus on value-add renovations and improvements
  • Strong balance sheet

Weaknesses

  • Smaller market capitalization compared to larger REIT peers
  • Limited geographic diversification
  • Sensitivity to economic downturns impacting rental demand

Opportunities

  • Further acquisitions and expansions in existing markets
  • Increased rental rates due to strong demand
  • Redevelopment projects to enhance property value
  • Implementation of smart home and sustainability technologies

Threats

  • Rising interest rates increasing borrowing costs
  • New apartment supply impacting occupancy rates
  • Economic slowdown reducing rental demand
  • Increased competition from other REITs and private landlords

Competitors and Market Share

competitor logo Key Competitors

  • Equity Residential (EQR)
  • AvalonBay Communities (AVB)
  • UDR, Inc. (UDR)

Competitive Landscape

Centerspace is smaller compared to EQR and AVB, focusing on specific geographic locations. While EQR and AVB operate nationwide.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is driven by acquisitions, property improvements, and rent increases.

Future Projections: Analyst projections are subject to change. Consult finance websites for ratings.

Recent Initiatives: Recent initiatives include strategic property acquisitions and renovation programs.

Summary

Centerspace is a smaller REIT focused on specific US regions that is growing through targeted acquisitions and improvements to it properties. It has a stable portfolio and is sensitive to market conditions and interest rates. While having a smaller market cap, it is positioning itself in areas with solid demographics. Centerspace should maintain its focus on property improvement and geographic selection to compete effectively with larger competitors.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings (10-K, 10-Q)
  • Third-party financial data providers

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Market share data is an estimate. Financial performance is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 374

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, Centerspace owns 73 apartment communities consisting of 13,773 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 Minneapolis Star Tribune.