YOLFTbeta
Centerspace

Centerspace

CSR · NYSE · Real Estate / REIT - Residential

56.94USD+0.70 (+1.24%)

Price History

Full chart

Market Stats

Previous Close56.24
Open56.43
Day Range56.43 – 56.98
52-Week Range52.00 – 68.66
Volume85.84K
Market Cap976.43M
P/E (TTM)43.10
Forward P/E55.56
EPS1.28
Dividend Yield5.59%
Beta0.88
50-Day Avg55.22
200-Day Avg60.86

About

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 June 30, 2026, Centerspace owned 60 apartment communities consisting of 12,090 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah. Centerspace was named a Top Workplace in 2026 by USA Today and for the seventh consecutive year in 2026 by the Minnesota Star Tribune. Centerspace was established in 1970 and is incorporated in North Dakota.

Company Details

  • SectorReal Estate
  • IndustryREIT - Residential
  • CEOMs. Anne M. Olson Esq.
  • Employees334
  • Headquarters1324 20th Avenue SW, Minot, ND, United States, 58702-1988, USA
  • Websitehttps://www.centerspacehomes.com

Leadership

  • Ms. Anne M. Olson Esq.President, CEO, Secretary & Executive Trustee · b. 1977
  • Mr. Grant P. CampbellSenior Vice President of Investments & Capital Markets
  • Ms. Julie EllisSenior VP & Chief Accounting Officer · b. 1974
  • Ms. Kelly WeberSenior VP & Chief Administrative Officer
  • Mr. Joshua M. Klaetsch C.F.A.Head of Investor Relations
  • Ms. Susan PicotteSenior Vice President of Asset Management & Operations Support
  • Ms. Julie LetnerSenior Vice President of Talent & Culture
  • Mr. Brad AbelSenior Vice President of Information Technology
  • Ms. Emily MillerInvestor Relations
  • Mr. Joe McComishVice President of Finance

Financials

Income Statement

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue14.12M18.66M23.83M32.41M39.93M55.45M75.77M93.02M119.14M140.50M156.45M172.80M221.17M240.00M242.78M237.41M259.41M265.48M204.51M188.32M205.74M169.75M185.75M177.99M201.71M256.72M261.31M260.98M353.13M
Growth (%)-+32.17%+27.73%+35.97%+23.20%+38.87%+36.65%+22.77%+28.08%+17.94%+11.35%+10.45%+27.99%+8.52%+1.15%-2.21%+9.27%+2.34%-22.96%-7.92%+9.25%-17.49%+9.43%-4.18%+13.32%+27.27%+1.79%-0.12%+35.31%
Cost of Revenue------------57.65M64.66M66.11M101.92M103.13M108.49M107.65M79.10M88.36M78.56M84.50M78.96M90.61M118.53M115.17M112.37M342.37M
Gross Profit14.12M18.66M23.83M32.41M39.93M55.45M75.77M93.02M119.14M140.50M156.45M172.80M163.52M175.35M176.67M135.48M156.27M157.00M96.86M109.22M117.38M91.19M101.25M99.03M111.10M138.18M146.14M148.61M10.76M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%73.93%73.06%72.77%57.07%60.24%59.14%47.36%58.00%57.05%53.72%54.51%55.64%55.08%53.83%55.93%56.94%3.05%
Operating Expense10.55M15.04M20.33M27.72M33.53M45.58M65.58M48.55M103.28M128.25M146.72M163.04M148.50M165.61M104.27M67.81M71.16M123.88M39.45M69.70M131.18M114.89M89.84M65.19M81.20M124.32M61.69M128.14M-92.31M
Operating Income3.57M3.62M3.50M4.69M6.40M9.87M10.19M44.47M15.86M12.25M9.72M9.75M15.02M9.74M72.40M67.68M85.12M33.12M57.41M39.52M-13.80M-23.70M11.42M33.84M29.89M13.86M84.45M20.48M103.07M
Operating Margin25.27%19.39%14.68%14.48%16.03%17.80%13.45%47.81%13.31%8.72%6.21%5.64%6.79%4.06%29.82%28.51%32.81%12.47%28.07%20.98%-6.71%-13.96%6.15%19.01%14.82%5.40%32.32%7.85%29.19%
EBITDA5.43M5.98M14.78M-1.86M34.24M32.05M46.94M59.44M-5.20M45.53M49.38M58.33M67.91M130.22M65.28M134.31M113.35M161.20M103.05M98.30M58.37M78.49M87.94M110.42M123.00M121.32M188.83M130.74M180.67M
EBITDA Margin38.49%32.03%62.03%-5.73%85.75%57.80%61.96%63.90%-4.37%32.40%31.56%33.76%30.70%54.26%26.89%56.57%43.70%60.72%50.39%52.20%28.37%46.24%47.34%62.03%60.98%47.26%72.26%50.09%51.16%
Net Income3.97M4.61M3.90M5.01M7.60M8.81M8.69M10.60M12.25M9.44M15.08M11.57M12.09M8.53M4.00M20.08M25.53M-13.17M24.09M72.01M43.35M116.79M48.67M5.08M611.00K-13.47M41.97M-10.69M17.59M
Net Income Margin28.13%24.72%16.35%15.47%19.04%15.89%11.47%11.40%10.28%6.72%9.64%6.69%5.47%3.55%1.65%8.46%9.84%-4.96%11.78%38.24%21.07%68.80%26.20%2.85%0.30%-5.25%16.06%-4.10%4.98%
R&D------------------0.090.19-0.050.460.030.010.070.15--
R&D as % of Total Revenue------------------0.00%0.00%-0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense-----------58.42M63.44M68.74M69.11M61.80M33.73M34.45M28.42M34.31M41.13M34.18M30.54M29.08M31.99M32.75M36.43M37.28M44.48M
Interest Expense % of Total Revenue-----------33.81%28.68%28.64%28.47%26.03%13.00%12.98%13.89%18.22%19.99%20.13%16.44%16.34%15.86%12.76%13.94%14.28%12.60%

Balance Sheet

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets94.89M131.36M186.99M224.72M291.49M432.98M570.32M730.21M885.68M1.08B1.15B1.21B1.62B1.61B1.66B1.62B1.89B1.87B2.00B1.76B1.47B1.43B1.39B1.46B1.94B2.03B1.93B1.91B1.93B
Total Liabilities56.80M80.64M127.00M148.28M191.23M287.94M389.09M495.35M576.32M688.68M736.96M797.14M1.10B1.11B1.11B1.07B1.13B1.15B1.26B1.04B838.42M739.16M695.96M774.80M918.45M1.07B978.78M1.01B1.08B
Total Equity38.09M50.71M60.00M68.15M85.78M109.92M118.95M145.58M214.76M278.63M295.17M289.56M345.01M333.94M409.52M411.69M612.79M592.18M652.11M618.76M560.94M613.41M635.61M634.77M797.36M746.10M726.39M670.46M725.10M
Cash4.77M2.72M1.72M2.13M3.71M3.45M6.36M12.33M15.56M31.70M23.54M17.48M53.48M33.24M54.79M41.19M94.13M47.27M48.97M66.70M28.82M11.89M26.58M392.00K31.27M10.46M8.63M12.03M12.83M
Total Debt50.00M71.70M115.73M135.06M175.07M12.90M-459.57M550.64M658.71M728.57M771.84M1.06B1.08B1.06B1.02B1.06B1.02B872.72M916.95M760.83M703.43M648.80M719.19M856.05M1.01B916.02M955.38M1.02B
Net Debt45.22M68.98M114.02M132.93M171.36M9.46M-6.36M447.24M535.08M627.01M705.03M754.36M1.01B1.04B1.01B982.61M965.07M972.92M823.75M850.26M732.01M691.54M622.22M718.80M824.78M997.17M907.39M943.36M1.01B

Cash Flow

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.65M6.23M6.56M9.17M15.66M16.28M22.33M26.92M38.52M28.73M48.28M48.40M61.88M60.13M61.41M58.77M77.72M92.51M114.18M66.49M73.93M48.03M69.62M61.23M84.03M91.99M89.52M98.25M98.45M
Investing Cash Flow-7.04M-30.80M-39.42M-22.39M-51.78M-120.04M-76.17M-269.50K-59.28M-137.68M-70.40M-82.64M-145.25M-54.37M-78.96M11.68M-134.14M-121.83M-176.41M134.25M202.26M104.19M7.01M-164.97M-267.23M-160.09M120.21M-50.72M-26.87M
Financing Cash Flow4.17M22.51M31.86M13.63M37.70M103.50M56.74M54.92M23.99M122.69M13.96M28.18M92.34M-26.00M39.09M-84.06M110.57M-17.55M63.93M-183.02M-314.07M-169.15M-49.77M64.93M214.51M41.37M-212.35M-43.67M-69.06M
Capital Expenditure10.86M32.46M022.89M45.33M121.93M72.32M62.30M135.66M121.54M97.81M184.61M59.08M80.07M62.82M141.77M158.70M028.98M42.19M011.52M20.95M30.32M35.88M56.57M58.83M56.65M34.16M
Free Cash Flow-5.21M-26.23M6.56M-13.72M-29.66M-105.65M-49.99M-35.38M-106.93M-73.26M-49.41M-126.17M1.06M-18.66M-4.05M-76.63M-66.19M116.48M37.52M31.74M73.93M28.52M48.67M30.91M48.15M35.42M30.70M41.59M64.29M
Dividends Paid1.49M1.34M1.93M2.23M2.80M4.32M5.96M8.36M11.66M21.54M20.13M22.02M23.24M45.26M40.97M38.85M52.28M57.24M71.58M66.65M66.65M32.76M40.09M42.21M45.55M51.53M50.81M51.25M51.56M
FCF to OCF-92.07%-420.67%100.00%-149.59%-189.38%-649.10%-223.88%-131.45%-277.63%-255.03%-102.34%-260.69%1.71%-31.03%-6.59%-130.39%-85.17%125.90%32.86%47.73%100.00%59.37%69.90%50.49%57.30%38.51%34.29%42.34%65.30%
Dividend Paid to FCF-28.54%-5.10%29.42%-16.24%-9.45%-4.08%-11.93%-23.63%-10.91%-29.40%-40.74%-17.45%2196.31%-242.58%-1011.56%-50.69%-78.98%49.14%190.79%210.01%90.15%114.88%82.37%136.55%94.61%145.47%165.53%123.21%80.20%

Earnings

Report DateJul 31, 1998Oct 31, 1998Jan 31, 1999Jul 31, 1999Oct 31, 1999Jan 31, 2000Jul 31, 2000Oct 31, 2000Jan 31, 2001Apr 30, 2001Jul 31, 2001Oct 31, 2001Jan 31, 2002Jun 28, 2002Sep 12, 2002Dec 16, 2002Jan 31, 2003Jun 27, 2003Sep 15, 2003Dec 15, 2003Mar 15, 2004Apr 30, 2004Sep 10, 2004Oct 31, 2004Mar 11, 2005Jun 30, 2005Sep 9, 2005Dec 12, 2005Mar 13, 2006Jun 30, 2006Sep 11, 2006Dec 11, 2006Mar 12, 2007Jun 29, 2007Sep 10, 2007Dec 10, 2007Mar 11, 2008Jun 30, 2008Sep 9, 2008Dec 10, 2008Mar 12, 2009Jun 30, 2009Sep 9, 2009Dec 10, 2009Mar 12, 2010Jun 30, 2010Sep 9, 2010Dec 10, 2010Mar 14, 2011Jun 30, 2011Sep 9, 2011Dec 12, 2011Mar 12, 2012Jun 29, 2012Sep 10, 2012Dec 10, 2012Mar 12, 2013Sep 9, 2013Dec 10, 2013Mar 12, 2014Jun 30, 2014Sep 9, 2014Dec 10, 2014Mar 12, 2015Jun 29, 2015Sep 9, 2015Dec 10, 2015Mar 10, 2016Jun 29, 2016Sep 8, 2016Dec 12, 2016Mar 13, 2017Jun 28, 2017Sep 11, 2017Dec 11, 2017Mar 12, 2018Jun 27, 2018Sep 10, 2018Dec 10, 2018Feb 27, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Feb 19, 2020May 11, 2020Aug 3, 2020Nov 2, 2020Feb 22, 2021May 3, 2021Aug 2, 2021Nov 1, 2021Feb 28, 2022May 2, 2022Aug 1, 2022Oct 31, 2022Feb 21, 2023May 1, 2023Jul 31, 2023Oct 30, 2023Feb 20, 2024Apr 29, 2024Jul 29, 2024Oct 28, 2024Feb 18, 2025May 1, 2025Aug 4, 2025Nov 3, 2025Feb 17, 2026May 4, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate-------------2.202.202.20-0.990.970.850.81-0.69-2.000.320.220.220.560.470.440.430.400.560.520.580.680.540.410.400.460.300.302.000.100.100.150.200.200.15-0.100.150.270.200.070.150.200.250.200.300.200.100.300.400.150.400.150.200.150.130.400.10--1.10-0.60-0.40-0.70-0.550.00-0.48-0.34-0.51-0.55-0.55-0.49-0.50-0.62-0.50-0.51-0.31-0.45-0.69-0.630.21-0.10-0.271.12-0.25-0.07-0.28-0.20-0.20-0.17-0.19-0.11-0.18-0.24-0.331.221.13
EPS Actual0.941.730.930.941.690.930.950.941.010.901.161.210.652.001.001.000.841.100.800.700.600.360.600.721.600.400.200.400.401.000.500.300.600.700.500.400.400.400.300.300.200.300.200.10-0.020.100.200.10-0.36-0.100.100.100.220.300.100.060.140.100.050.400.520.200.410.500.700.201.130.140.501.400.70-0.212.30-1.14-0.84-2.05-1.900.10-0.50-0.49-0.44-0.34-0.63-0.83-0.67-0.40-0.53-0.46-0.45-0.47-0.70-0.61-0.52-0.30-0.14-0.24-0.99-0.01-0.34-0.37-0.37-0.18-0.44-0.31-0.210.01-0.78-1.10-0.631.27-
Surprise--------------9.09%-54.55%-54.55%-11.11%-17.53%-17.65%-25.93%--13.04%--20.00%25.00%-9.09%81.82%-28.57%112.77%13.64%-30.23%50.00%25.00%-3.85%-31.03%-41.18%-25.93%-26.83%-25.00%-56.52%0.00%-33.33%-95.00%-119.00%0.00%33.33%-50.00%-280.00%-166.67%-0.00%46.67%11.11%-50.00%-14.29%-6.67%-50.00%-80.00%100.00%73.33%0.00%310.00%66.67%75.00%33.33%182.50%-6.67%150.00%833.33%438.46%-152.50%2200.00%-23.64%-241.67%-375.00%114.29%9.09%-8.33%0.00%-23.53%-50.91%-21.82%18.37%-6.00%25.81%10.00%7.84%-125.81%-35.56%24.64%52.38%-166.67%-140.00%-266.67%-100.89%-36.00%-428.57%-31.93%10.00%-120.00%-75.03%-10.53%109.09%-333.33%-358.33%-90.91%4.10%-
Timing------------------------After-hours--After-hours--After-hoursAfter-hoursAfter-hours--After-hoursAfter-hours-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap976.43M
Enterprise Value1.91B
Trailing P/E43.10
Forward P/E55.56
PEG Ratio40.89
Price / Sales3.63
Price / Book1.36
EPS1.28
Book Value40.51
Revenue (TTM)268.87M
Gross Profit (TTM)159.45M
EBITDA132.82M
Profit Margin8.08%
Operating Margin12.63%
Return on Equity3.39%
Return on Assets0.74%
Shares Outstanding16.80M
Shares Float15.45M
Beta0.88
Dividend Yield5.59%
Dividend Rate3.08
Payout Ratio180.47%

Analyst Ratings

Buy
Based on 12 analystsTarget 64.14
  • Strong Buy
    2
  • Buy
    4
  • Hold
    6

Ownership Breakdown

Institutions
96.99%
Insiders
0.67%
Retail / Other
2.34%

Top Institutional Holders

  • BlackRock Inc
    2.91M17.35%
  • Vanguard Portfolio Management, LLC
    1.68M10.00%
  • Voss Capital LLC
    1.23M7.34%
  • State Street Corp
    939.09K5.60%
  • Vanguard Capital Management, LLC
    732.50K4.37%
  • Silvercrest Asset Management Group LLC
    601.61K3.59%
  • Delaware Management Holdings Inc
    476.60K2.84%
  • Wellington Management Company LLP
    476.12K2.84%
  • Geode Capital Management, LLC
    449.26K2.68%
  • Charles Schwab Investment Management Inc
    345.71K2.06%
  • Hudson Bay Capital Management LP
    334.74K2.00%
  • Systematic Financial Management LP
    303.13K1.81%
  • Pacific Heights Asset Management, LLC
    275.00K1.64%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    1.03M6.12%
  • Vanguard Real Estate Index Investor
    631.77K3.77%
  • Vanguard MStar Total Stk Mkt Idx Invest
    535.46K3.19%
  • iShares Russell 2000 ETF
    439.35K2.62%
  • Vanguard Small Cap Index
    386.42K2.31%
  • Nomura Small Cap Value A
    303.94K1.81%
  • Permanent Portfolio Permanent I
    300.00K1.79%

Dividends

20263×
0.77Sep 29, 20260.77Jun 29, 20260.77Mar 30, 2026
20254×
0.77Dec 30, 20250.77Sep 29, 20250.77Jun 27, 20250.77Mar 28, 2025
20244×
0.75Dec 30, 20240.75Sep 30, 20240.75Jun 28, 20240.75Mar 27, 2024
20234×
0.73Dec 28, 20230.73Sep 28, 20230.73Jun 29, 20230.73Mar 30, 2023
20224×
0.73Dec 29, 20220.73Sep 29, 20220.73Jun 29, 20220.73Mar 30, 2022
20214×
0.72Dec 31, 20210.72Sep 29, 20210.70Jun 29, 20210.70Mar 30, 2021
20201×
0.70Dec 31, 2020

Stock Splits

  • Dec 28, 20181:10