Centerspace (NYSE:CSR - Get Free Report) is set to issue its quarterly earnings data after the market closes on Monday, October 28th. Analysts expect the company to announce earnings of $1.17 per share for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
Centerspace (NYSE:CSR - Get Free Report) last released its earnings results on Monday, July 29th. The company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of $1.20 by ($1.39). Centerspace had a negative return on equity of 0.67% and a negative net margin of 2.16%. The firm had revenue of $65.04 million for the quarter, compared to the consensus estimate of $65.90 million. During the same quarter in the previous year, the business posted $1.28 EPS. On average, analysts expect Centerspace to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
NYSE CSR opened at $71.27 on Monday. Centerspace has a 12 month low of $46.74 and a 12 month high of $76.16. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of -89.09, a PEG ratio of 2.08 and a beta of 0.89. The company's 50 day moving average is $72.92 and its two-hundred day moving average is $69.37. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.79.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Shareholders of record on Monday, September 30th were issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date was Monday, September 30th. Centerspace's dividend payout ratio (DPR) is currently -375.00%.
A number of equities research analysts have issued reports on CSR shares. Raymond James increased their price objective on shares of Centerspace from $75.00 to $82.00 and gave the company an "outperform" rating in a report on Thursday, August 29th. BTIG Research increased their price objective on shares of Centerspace from $69.00 to $79.00 and gave the company a "buy" rating in a report on Monday, August 12th. Piper Sandler increased their price objective on shares of Centerspace from $64.00 to $75.00 and gave the company a "neutral" rating in a report on Wednesday, July 31st. Finally, Royal Bank of Canada increased their price objective on shares of Centerspace from $72.00 to $73.00 and gave the company an "outperform" rating in a report on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $75.40.
Get Our Latest Report on CSR
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Centerspace, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Centerspace wasn't on the list.
While Centerspace currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.