Centerspace (NYSE:CSR) Given New $72.00 Price Target at Royal Bank Of Canada

Centerspace (NYSE:CSRGet Free Report) had its target price increased by stock analysts at Royal Bank Of Canada from $68.00 to $72.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 15.27% from the stock’s previous close.

CSR has been the topic of a number of other reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Centerspace in a research report on Monday, December 29th. Raymond James Financial reaffirmed a “market perform” rating on shares of Centerspace in a research note on Wednesday, November 12th. Wells Fargo & Company boosted their price target on shares of Centerspace from $60.00 to $74.00 and gave the stock an “equal weight” rating in a research report on Monday, November 17th. UBS Group boosted their target price on shares of Centerspace from $63.00 to $66.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $69.00 price objective on shares of Centerspace in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Centerspace currently has a consensus rating of “Hold” and a consensus price target of $70.29.

Read Our Latest Research Report on Centerspace

Centerspace Price Performance

NYSE:CSR traded down $1.06 during trading hours on Thursday, hitting $62.46. 16,033 shares of the company’s stock traded hands, compared to its average volume of 126,023. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.96. Centerspace has a 52 week low of $52.76 and a 52 week high of $69.15. The firm has a market cap of $1.04 billion, a P/E ratio of 62.42 and a beta of 0.78. The business’s fifty day simple moving average is $65.15 and its two-hundred day simple moving average is $61.78.

Centerspace (NYSE:CSRGet Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The company reported ($1.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.21 by ($2.31). The firm had revenue of $66.62 million during the quarter, compared to analysts’ expectations of $69.77 million. Centerspace had a return on equity of 1.99% and a net margin of 6.25%.Centerspace has set its FY 2026 guidance at 4.810-5.050 EPS. On average, research analysts anticipate that Centerspace will post 4.94 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Covestor Ltd lifted its holdings in shares of Centerspace by 57,100.0% in the 4th quarter. Covestor Ltd now owns 572 shares of the company’s stock valued at $38,000 after buying an additional 571 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of Centerspace by 998.3% in the third quarter. Hantz Financial Services Inc. now owns 659 shares of the company’s stock valued at $39,000 after purchasing an additional 599 shares in the last quarter. Danske Bank A S acquired a new position in shares of Centerspace in the fourth quarter worth $47,000. Kestra Advisory Services LLC acquired a new position in shares of Centerspace during the fourth quarter worth about $58,000. Finally, GAMMA Investing LLC grew its stake in shares of Centerspace by 107.0% during the fourth quarter. GAMMA Investing LLC now owns 942 shares of the company’s stock worth $63,000 after purchasing an additional 487 shares in the last quarter. Hedge funds and other institutional investors own 79.00% of the company’s stock.

Trending Headlines about Centerspace

Here are the key news stories impacting Centerspace this week:

  • Positive Sentiment: FFO beat — Q4 FFO came in at $1.25/share, topping the Zacks consensus of $1.21, which supports the REIT’s cash‑flow narrative and helped limit downside. FFO Beat Article
  • Positive Sentiment: Firm guidance for 2026 — management is targeting ~ $4.93 core FFO per share (guidance range ~4.81–5.05), a rate materially above some street forecasts and a constructive sign for next‑year earnings power. Guidance Article
  • Positive Sentiment: Dividend declared — quarterly payout of $0.77 (annual yield ~4.8%), appealing to income investors and providing a floor under the share price.
  • Neutral Sentiment: Operational resilience — management highlighted strong same‑store NOI growth despite market headwinds on the earnings call; these operational gains are encouraging but may take time to flow through GAAP results. Earnings Highlights
  • Neutral Sentiment: Strategic review continues — the company reiterated a strategic review process that could unlock value, but timing and outcomes remain uncertain. Strategic Review
  • Negative Sentiment: GAAP EPS and revenue miss — reported GAAP EPS of ($1.10) and revenue of $66.62M missed consensus (~$1.21 EPS proxy / $69.77M revenue), which likely triggered the negative near‑term price reaction. Press Release
  • Negative Sentiment: Tax‑law uncertainty — a newly disclosed risk around potential tax/REIT treatment changes could affect cash flow, distributions and valuation if adverse outcomes materialize. Tax Risk Article

About Centerspace

(Get Free Report)

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. Centerspace was named a Top Workplace for the fourth consecutive year in 2023 by the Minneapolis Star Tribune.

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