Centerspace (NYSE:CSR) Issues FY 2025 Earnings Guidance

Centerspace (NYSE:CSR) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 4.860-5.100 for the period, compared to the consensus earnings per share estimate of 4.920. The company issued revenue guidance of -.

Centerspace Trading Up 0.1 %

NYSE CSR opened at $62.42 on Wednesday. Centerspace has a one year low of $54.22 and a one year high of $76.16. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.05 and a quick ratio of 0.05. The firm has a market cap of $1.03 billion, a P/E ratio of -38.77 and a beta of 0.90. The stock’s 50-day moving average is $63.42 and its 200-day moving average is $69.12.

Centerspace (NYSE:CSR) last posted its earnings results on Tuesday, February 18th. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $1.36. Centerspace had a negative return on equity of 1.72% and a negative net margin of 5.57%. Sell-side analysts anticipate that Centerspace will post 4.85 earnings per share for the current fiscal year.

Centerspace Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Monday, December 30th were given a $0.75 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $3.00 annualized dividend and a yield of 4.81%. Centerspace’s dividend payout ratio is currently -186.33%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CSR. Royal Bank of Canada reissued an “outperform” rating and issued a $76.00 price target on shares of Centerspace in a research note on Wednesday, October 30th. Janney Montgomery Scott upgraded Centerspace from a “neutral” rating to a “buy” rating and set a $72.00 target price on the stock in a research note on Wednesday, January 15th. Finally, Wedbush started coverage on shares of Centerspace in a research note on Tuesday, December 17th. They set a “neutral” rating and a $72.00 price target for the company. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $74.86.

Centerspace Company Profile

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 September 30, 2023, Centerspace owned interests in 71 apartment communities consisting of 12,785 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota.