Royal Bank Of Canada Forecasts Strong Price Appreciation for Centerspace (NYSE:CSR) Stock

Centerspace (NYSE:CSR) had its price objective lifted by investment analysts at Royal Bank Of Canada from $68.00 to $72.00 in a report released on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 15.27% from the company’s current price.

Several other brokerages also recently weighed in on CSR. Piper Sandler reaffirmed a “neutral” rating and set a $69.00 target price on shares of Centerspace in a research note on Thursday. Wells Fargo & Company lifted their price objective on shares of Centerspace from $60.00 to $74.00 and gave the company an “equal weight” rating in a research note on Monday, November 17th. Wall Street Zen upgraded shares of Centerspace from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Cantor Fitzgerald restated a “neutral” rating and issued a $65.00 target price on shares of Centerspace in a report on Monday, January 5th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Centerspace in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $70.29.

Centerspace Trading Down 1.7%

Shares of CSR stock traded down $1.06 during trading hours on Thursday, reaching $62.46. 16,033 shares of the stock were exchanged, compared to its average volume of 126,023. Centerspace has a 12-month low of $52.76 and a 12-month high of $69.15. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 62.42 and a beta of 0.78. The company’s 50-day moving average price is $65.15 and its 200-day moving average price is $61.78. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.96.

Centerspace (NYSE:CSR) last issued 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. As a group, equities analysts anticipate that Centerspace will post 4.94 earnings per share for the current year.

Institutional Investors Weigh In On Centerspace

Several large investors have recently made changes to their positions in CSR. Wellington Management Group LLP grew its holdings in Centerspace by 324.4% during the fourth quarter. Wellington Management Group LLP now owns 855,869 shares of the company’s stock worth $57,104,000 after purchasing an additional 654,209 shares during the period. Land & Buildings Investment Management LLC grew its stake in Centerspace by 96.4% in the 3rd quarter. Land & Buildings Investment Management LLC now owns 599,252 shares of the company’s stock valued at $35,296,000 after buying an additional 294,086 shares during the last quarter. Long Pond Capital LP boosted its holdings in shares of Centerspace by 108.0% during the fourth quarter. Long Pond Capital LP now owns 444,101 shares of the company’s stock worth $29,630,000 after acquiring an additional 230,638 shares during the period. Geode Capital Management LLC grew its holdings in Centerspace by 0.9% in the 2nd quarter. Geode Capital Management LLC now owns 435,025 shares of the company’s stock valued at $26,185,000 after buying an additional 4,090 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Centerspace by 9.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 340,286 shares of the company’s stock worth $22,704,000 after acquiring an additional 28,809 shares during the period. Institutional investors own 79.00% of the company’s stock.

Centerspace News Summary

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

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.