CENTERSPACE (CSR)
Real Estate · Residential REITs · NYSE
Centerspace is a multi-family focused REIT that owns and operates apartment communities primarily across the Midwest and Mountain regions of the US.
What CENTERSPACE does
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, development, and acquisition of apartment communities. Its portfolio primarily consists of multi-family residential properties located in the Midwest and Mountain regions of the United States.
Themes: multi-family housing, residential real estate, rental property management
Fundamentals
- Price$54.91 as of 2026-10-08 close
- Market cap$922M as of 2026-07-27 (share count; price 2026-10-08)
- 1-year return-6.8% 2025-10-08 close $58.94 → 2026-10-08 close $54.91
- P/E68.25 as of 2026-10-08
- Net margin+6.2% FY2025, SEC XBRL
- ROE+2.0% FY2025, SEC XBRL
- Debt / equity1.44 as of 2026-09-03
- Revenue growth (YoY)+0.7% as of 2026-09-03
- Revenue CAGR (3y)+2.2% SEC XBRL
- Beta0.37 as of 2026-09-03
- Last reported earnings2026-08-03 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +5.5%; 8-year non-decreasing per-share dividend streak (SEC XBRL).
How CSR compares in its sector
- price-to-earnings ratiotop 25% 120 covered Real Estate peers, as of 2026-10-08
- net profit marginmiddle range 154 covered Real Estate peers, as of 2026-09-03
- operating marginmiddle range 96 covered Real Estate peers, as of 2026-09-03
- return on equitymiddle range 158 covered Real Estate peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 155 covered Real Estate peers
- indicated dividend yieldmiddle range 140 covered Real Estate peers, as of 2026-09-03
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, CSR's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 299%, operating-cash-flow payout 52%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout299% dividends / net income
- Operating-cash-flow payout52% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How CENTERSPACE looks technically
CENTERSPACE (CSR) is trading 9.2% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 65 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 48, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 19 trading days ago. It is 21.1% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 9.2% below its 200-day average, the long-term trend line — a long-term downtrend | -9.2% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $55.01 | $55.01 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $60.45 | $60.45 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes below 53.75. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible upward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 65 trading days ago — a "death cross", a bearish long-term signal | 65 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend) | 14.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 48, neither overbought (above 70) nor oversold (below 30) | 48.2 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($53.75 to $56.60) — its "stochastic" reading is 41 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 40.7 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 11 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $69.61 | $69.61 |
|---|---|---|
| From the 52-week high | it is 21.1% below its 52-week high (its highest price of the past year) | -21.1% |
| Above the 52-week low | it is 5.6% above its 52-week low (its lowest price of the past year) | +5.6% |
| Below the 52-week high | it is 21.1% below its highest point of the past year | 21.1% |
| Since a 20-day breakout | it made a new 20-day high about 19 trading days ago | 19 sessions |
| Since a 55-day breakout | it made a new 55-day high about 19 trading days ago | 19 sessions |
| All-time high | its highest closing price on record is $178.75 (set on 1999-07-16) | $178.75 |
| Given back of the 52-week move | over the past year its closes ranged ($52.39 to $68.89), and it has recovered roughly a quarter of its fall from last year’s high — 15% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $62.59 to $63.12. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 15.3% |
| From the all-time high | it is 69.3% below its all-time high | -69.3% |
| Nearest price level | it is trading 0.6% above a support level at $54.58 — a price it turned at twice since 2026-06-18, most recently on 2026-07-09. Since 2024-10-08 it has 2 such levels below the current price and 9 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.6% |
| All-time low | its lowest closing price on record is $43.58 (set on 2020-04-03) | $43.58 |
| Above the all-time low | it is 26.0% above its all-time low | +26.0% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 44th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.20 between its high and its low — about 2.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.20 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $53.26 and $58.27 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $53.26 – $55.77 – $58.27 |
| Typical daily range (% of price) | its price moves about 2.2% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.2% |
| Stretch from the 200-day average | it is trading 4.6 daily ranges below its 200-day average price (9.2% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 4.6 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.04× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
2
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|---|---|
| Since a bullish engulfing | 3 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 3 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-10-08 at essentially the same price it closed at the session before — no meaningful overnight gap | -0.1% |
|---|---|---|
| Open gap | it gapped 9.7% above the previous close 21 sessions ago and has not traded back through the level it left behind at 52.71 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +9.7% |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 3.1 percentage points (the stock gained 4.2% while the market gained 1.0%) | +3.1% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 4.8 percentage points (the stock lost 1.0% while the market gained 3.8%) | -4.8% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 24.8 percentage points (the stock lost 7.4% while the market gained 17.5%) | -24.8% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 21.8 percentage points (the stock lost 6.8% while the market gained 15.0%) | -21.8% |
Signal agreement
2
| Bullish technical signals | 0 of the 9 technical signals we can compute for it are currently in a bullish state — these describe past price behaviour, not a forecast | 0 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, MACD momentum is negative, lagging the market over 6 months — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is thin, spanning 1.9% of the share price, which is taken to mean a barrier that gives way easily. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 7% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $59.09 — a volume-weighted average of daily closes over 192 sessions, not a true tick-by-tick VWAP. | -7.1% |
|---|---|---|
| Vs the average paid since it last reported | the price is 2% below the average price paid since it last reported on 2026-08-03 (its 10-Q), so the typical buyer over that stretch is under water. That average is $55.83 — a volume-weighted average of daily closes over 48 sessions, not a true tick-by-tick VWAP. | -1.7% |
Double bottom, bullish — forming · entry $58.62 · 36 sessions in
Price levels it has turned at before
CSR last closed at $54.91 on 2026-10-08. Since 2024-10-08 it has turned at 2 prices below its last close and 9 above; the 2 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $54.58 | Support | 0.6% below the last close | turned there twice · 2026-06-18 to 2026-07-09 |
| $53.56 | Support | 2.5% below the last close | turned there five times · 2025-04-09 to 2026-10-01 |
| $56.85 | Resistance | 3.5% above the last close | turned there six times · 2025-04-30 to 2026-08-06 |
| $58.14 | Resistance | 5.9% above the last close | turned there five times · 2025-05-14 to 2026-07-17 |
| $59.82 | Resistance | 8.9% above the last close | turned there 9 times · 2025-01-10 to 2026-09-09 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes below $53.75.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $59.73 and $63.43 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close below $53.75.
This reading has stood for 1 trading day, since 2026-10-08.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · trendless / choppy (low ADX) · lagging the market · Under water since its last earnings report (below the anchored VWAP) · Trading inside the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$64.14 range $57.00 – $80.00; median $64.00
Analyst estimates, as of 2026-10-08. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for CSR
- Consensus EPS estimate-$0.1 next reporting period, as of 2026-10-08
- Estimate change, 30 days$0.00 from -$0.1, on 2026-09-03, 35-day window
- Readings revised upward25% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Sensitivity to interest rate fluctuations and availability of capital markets.","Concentration risk in specific geographic regional markets.","Operational risks related to property management and real estate market downturns."]
What changed in the latest 10-Q
AI-assisted comparison of CSR's 10-Q filed 2026-08-03 against the prior one filed 2026-05-04.
Risk Factors
- Added:
- In the newer filing (2026-08-03), the Unregistered Sales of Equity Securities section states: 'On May 31, 2026, we issued an aggregate of 15,339 unregistered common shares, to limited partners of Centerspace, LP upon exercise of their Exchange Rights for an equal number of Units.'
- In the newer filing (2026-08-03), the Issuer Purchases of Equity Securities table includes a row for 'June 1 - 30, 2026' showing 45,310 total shares and units purchased at an average price of $55.54 per share and unit, with 45,310 purchased as part of publicly announced plans or programs.
- In the newer filing (2026-08-03), the maximum dollar amount of shares that may yet be purchased under the plans or programs is $94,029,209.
- Removed:
- In the older filing (2026-05-04), the Unregistered Sales of Equity Securities section states: 'On February 28, 2026, we issued an aggregate of 5,073 unregistered common shares, to limited partners of Centerspace, LP upon exercise of their Exchange Rights for an equal number of Units.'
- In the older filing (2026-05-04), the Issuer Purchases of Equity Securities table includes rows for 'January 1 - 31, 2026', 'February 1 - 28, 2026', and 'March 1 - 31, 2026', all showing no purchases.
- In the older filing (2026-05-04), the maximum dollar amount of shares that may yet be purchased under the plans or programs is $96,545,554.
- Reworded:
- Repurchase program expiration date changed from 'July 31, 2026' in the older filing (2026-05-04) to 'September 30, 2026' in the newer filing (2026-08-03) in footnote (3) of the Issuer Purchases of Equity Securities table.
- The reporting period referenced in Rule 10b5-1 Trading Plans changed from 'the fiscal quarter ended March 31, 2026' in the older filing (2026-05-04) to 'the fiscal quarter ended June 30, 2026' in the newer filing (2026-08-03).
- The iXBRL materials description changed from 'quarter ended March 31, 2026' in the older filing (2026-05-04) to 'quarter ended June 30, 2026' in the newer filing (2026-08-03).
- The financial statement title changed from 'Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)' in the older filing (2026-05-04) to 'Condensed Consolidated Statements of Operations and Comprehensive Loss' in the newer filing (2026-08-03).
- The signature date changed from 'May 4, 2026' in the older filing (2026-05-04) to 'August 3, 2026' in the newer filing (2026-08-03).
- Notes:
- The requested section is 'Risk Factors', but the provided texts include additional sections (Item 2 through Item 6 and signatures); changes in those sections are reported only as they appear in the provided texts.
- The Risk Factors section statement itself ('There have been no material changes to the Risk Factors previously disclosed in Item 1A in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025.') is identical in both filings.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 180 days · read to 2026-10-042 buys ($121392) · 0 sells — 2 buying insiders
Most recent open-market transaction: 2026-06-22. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about CSR's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
CSR had 918,128 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
CSR had 5.47% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.01 days to cover at the same settlement.
- Reported short interest (shares) 918,128
- Short interest (% of shares outstanding) 5.47%
- Prior settlement (shares) 617,467
- Reported change 48.69%
- Days to cover (reported) 2.01
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- AvalonBay Communities (AVB)
- Equity Residential (EQR)
- UDR (UDR)
- Mid-America Apartment Communities (MAA)
- Camden Property Trust (CPT)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does CENTERSPACE (CSR) do?
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, development, and acquisition of apartment communities. Its portfolio primarily consists of multi-family residential properties located in the Midwest and Mountain regions of the United States.
What sector is CENTERSPACE (CSR) in?
CENTERSPACE (CSR) is classified in the Real Estate sector. Its industry is Residential REITs. It trades on NYSE.
Does CSR pay a dividend?
Yes — CENTERSPACE (CSR) pays a dividend, with an indicated yield of about 5.50% and 8-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-03). Informational only — not financial advice.
Who are CENTERSPACE's (CSR) competitors?
Notable peers of CENTERSPACE (CSR) include AvalonBay Communities, Equity Residential, UDR, Mid-America Apartment Communities and Camden Property Trust. This peer set is informational only — not financial advice.
Is CENTERSPACE (CSR) overbought or oversold right now?
CENTERSPACE (CSR) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 48, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CSR come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.