CS

Centerspace

CSRReal EstateNASDAQ

REIT - Residential

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Financials · Annual
Revenue
$273.7M
+4.9% YoY
Net Income
$17.6M
+264.5% YoY
EBITDA
$182.5M
+39.6% YoY
Free Cash Flow
$103.2M

Scan Results

Daily timeframe
DateIndicatorDetails
Jul 1 MACD Positive CrossoverHistogram +0.2901, positive momentum
Jun 30 MACD Positive CrossoverHistogram +0.2429, positive momentum
About Centerspace

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. The company carries a $978.1M market cap, placing it firmly in the small-cap category. As of March 31, 2026, Centerspace owned 61 apartment communities consisting of 12,263 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah.

Key stats
Market Cap$978.1M
P/E (TTM)117.43
Fwd P/E-106.42
EPS$0.47
Beta0.92
52W Change-7.5%
Dividend Yield5.58%
ROE1.4%
Analysis

Centerspace carries $1.02B in total debt against $7.6M in cash reserves — debt is roughly 134.4x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $103.2M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 1.4%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 0.8% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $256.7M (2022) to $273.7M (2025).

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. At over 50x earnings, CSR carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Centerspace's trajectory.

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