Centerspace (CSR) to Issue Quarterly Dividend of $0.77 on April 14th

Centerspace (NYSE:CSR) announced a quarterly dividend on Tuesday, February 17th. Stockholders of record on Monday, March 30th will be paid a dividend of 0.77 per share on Tuesday, April 14th. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Monday, March 30th.

Centerspace has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. Centerspace has a dividend payout ratio of -832.4% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Centerspace to earn $5.14 per share next year, which means the company should continue to be able to cover its $3.08 annual dividend with an expected future payout ratio of 59.9%.

Centerspace Trading Up 1.9%

Centerspace stock opened at $64.09 on Thursday. Centerspace has a 52 week low of $52.76 and a 52 week high of $69.15. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a market capitalization of $1.07 billion, a PE ratio of 64.09 and a beta of 0.78. The business’s 50-day simple moving average is $65.15 and its 200-day simple moving average is $61.78.

Centerspace (NYSE:CSR) last announced its earnings results on Tuesday, February 17th. The company reported ($1.10) earnings per share for the quarter, missing the consensus estimate of $1.21 by ($2.31). The business had revenue of $66.62 million for the quarter, compared to the consensus estimate of $69.77 million. Centerspace had a net margin of 6.25% and a return on equity of 1.99%. Centerspace has set its FY 2026 guidance at 4.810-5.050 EPS. Equities research analysts forecast that Centerspace will post 4.94 earnings per share for the current year.

Key Centerspace News

Here are the key news stories impacting Centerspace this week:

• Positive Sentiment: Board declared a quarterly dividend of $0.77 per share (record date Mar 30, payable Apr 14), implying a ~4.9% yield — supports income investors and signals confidence in cash flow.
• Positive Sentiment: Management set FY‑2026 EPS guidance of $4.81–$5.05, well above prior expectations; this upside to forward earnings is likely the primary positive catalyst for the stock. PR Newswire: 2025 results & 2026 outlook
• Positive Sentiment: Q4 funds from operations (FFO) of $1.25/share beat the Zacks consensus of $1.21, showing underlying operating cash‑flow resilience despite the GAAP miss. Zacks: Q4 FFO beat
• Neutral Sentiment: Company released a full results/operating-statistics packet and a corporate outlook (same-store NOI, occupancy, retention metrics) — useful for modeling but no immediate surprise beyond the guidance. PR Newswire: Full results
• Neutral Sentiment: Local press captured the Q4 snapshot and market reaction; additional color but no unique data beyond the filings. NHRegister: Q4 snapshot
• Negative Sentiment: GAAP Q4 EPS was a loss of ($1.10) vs. a consensus profit of $1.21, and revenue missed ($66.62M vs. est. $69.77M) — the headline miss could concern earnings-quality and near-term operating trends. MarketBeat: Q4 earnings & press release

Centerspace Company Profile

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.