Centerspace Stock Today
| CSR Stock | USD 70.23 0.70 0.99% |
Performance7 of 100
| Odds Of DistressLess than 38
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Centerspace is selling at 70.23 as of the 10th of May 2024; that is -0.99 percent decrease since the beginning of the trading day. The stock's lowest day price was 69.79. Centerspace has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Centerspace are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of May 2022 and ending today, the 10th of May 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | IPO Date 17th of October 1997 | Category Real Estate |
Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Centerspace was named a Top Workplace for 2021 by the Minneapolis Star Tribune. Centerspace operates under REITResidential classification in the United States and is traded on New York Stock Exchange. The company has 14.91 M outstanding shares of which 210.28 K shares are currently shorted by investors with about 2.53 days to cover. More on Centerspace
Moving against Centerspace Stock
| 0.72 | WHLR | Wheeler Real Estate | PairCorr |
| 0.7 | EQIX | Equinix | PairCorr |
| 0.66 | AMT | American Tower Corp | PairCorr |
| 0.57 | FR | First Industrial Realty | PairCorr |
| 0.51 | WY | Weyerhaeuser Financial Report 25th of July 2024 | PairCorr |
| 0.48 | PW | Power REIT Earnings Call This Week | PairCorr |
| 0.47 | AHT | Ashford Hospitality Trust | PairCorr |
Follow Valuation Options Odds of Bankruptcy
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Centerspace Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Centerspace's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Centerspace or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Mark Decker | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | SRI Sustainable Growth (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Canada Cobalt Works Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Multi-Family Residential REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, Stock Exchange Of, Australia All Ordinaries, WSE WIG INDEX, SRI Sustainable Growth, Real Estate, Residential REITs, REIT—Residential, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Centerspace report their recommendations after researching Centerspace's financial statements, talking to executives and customers, or listening in on Centerspace's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Centerspace. The Centerspace consensus assessment is calculated by taking the average forecast from all of the analysts covering Centerspace. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Centerspace's historical financial statements, Centerspace may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Centerspace is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Centerspace's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Centerspace's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Centerspace's financial leverage. It provides some insight into what part of Centerspace's total assets is financed by creditors.
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Centerspace (CSR) is traded on New York Stock Exchange in USA. It is located in 3100 10th Street SW, Minot, ND, United States, 58702-1988 and employs 377 people. Centerspace is listed under Multi-Family Residential REITs category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 975.34 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Centerspace's market, we take the total number of its shares issued and multiply it by Centerspace's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Centerspace runs under Residential REITs sector within Real Estate industry. The entity has 14.91 M outstanding shares of which 210.28 K shares are currently shorted by investors with about 2.53 days to cover.
Centerspace has about 10.46 M in cash with 89.52 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86.
Check Centerspace Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Centerspace is $975.34 Million. The majority of Centerspace outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Centerspace to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Centerspace. Please pay attention to any change in the institutional holdings of Centerspace as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Centerspace Ownership Details
Centerspace Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Centerspace jumping above the current price in 90 days from now is about 8.7%. The Centerspace probability density function shows the probability of Centerspace stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.016 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Centerspace will likely underperform. In addition to that, centerspace has an alpha of 2.0083, implying that it can generate a 2.01 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Centerspace to move above the current price in 90 days from now is about 8.7 (This Centerspace probability density function shows the probability of Centerspace Stock to fall within a particular range of prices over 90 days) .
Centerspace Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Centerspace that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Centerspace's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Centerspace's value.| Instituion | Recorded On | Shares | |
| Pacific Heights Asset Management, Llc | 2024-03-31 | 200 K | |
| Balyasny Asset Management Llc | 2023-12-31 | 196.6 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 189.2 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 176.2 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 148.2 K | |
| Legal & General Group Plc | 2023-12-31 | 133.1 K | |
| Peregrine Capital Management,llc | 2024-03-31 | 113.9 K | |
| Amvescap Plc. | 2023-12-31 | 113.1 K | |
| Prudential Financial Inc | 2023-12-31 | 97.6 K | |
| Blackrock Inc | 2023-12-31 | 2.9 M | |
| Vanguard Group Inc | 2023-12-31 | 2.4 M |
Centerspace Historical Income Statement
Centerspace Income Statement is one of the three primary financial statements used for reporting Centerspace's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Centerspace revenue and expense. Centerspace Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Centerspace's Interest Expense is relatively stable compared to the past year. As of 05/10/2024, Cost Of Revenue is likely to grow to about 227.7 M, while Total Revenue is likely to drop slightly above 174.8 M. View More FundamentalsCenterspace Stock Against Markets
Picking the right benchmark for Centerspace stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Centerspace stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Centerspace is critical whether you are bullish or bearish towards Centerspace at a given time. Please also check how Centerspace's historical prices are related to one of the top price index indicators.
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Centerspace Corporate Management
Elected by the shareholders, the Centerspace's board of directors comprises two types of representatives: Centerspace inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Centerspace. The board's role is to monitor Centerspace's management team and ensure that shareholders' interests are well served. Centerspace's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Centerspace's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nancy Andersen | VP Officer | Profile | |
| Grant Campbell | Senior Investments | Profile | |
| Joe McComish | Vice Relations | Profile | |
| Michael Dance | Independent Trustee | Profile | |
| Julie Letner | Senior Culture | Profile |
How to buy Centerspace Stock?
Before investing in Centerspace, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Centerspace. To buy Centerspace stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Centerspace. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Centerspace stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Centerspace stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Centerspace stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Centerspace, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Centerspace Stock please use our How to Invest in Centerspace guide.
Already Invested in Centerspace?
The danger of trading Centerspace is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Centerspace is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Centerspace. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Centerspace is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Centerspace is a strong investment it is important to analyze Centerspace's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Centerspace's future performance. For an informed investment choice regarding Centerspace Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centerspace. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. To learn how to invest in Centerspace Stock, please use our How to Invest in Centerspace guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Centerspace Stock analysis
When running Centerspace's price analysis, check to measure Centerspace's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centerspace is operating at the current time. Most of Centerspace's value examination focuses on studying past and present price action to predict the probability of Centerspace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerspace's price. Additionally, you may evaluate how the addition of Centerspace to your portfolios can decrease your overall portfolio volatility.
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Is Centerspace's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Centerspace. If investors know Centerspace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Centerspace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.32 | Revenue Per Share 17.428 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0077 | Return On Equity 0.0514 |
The market value of Centerspace is measured differently than its book value, which is the value of Centerspace that is recorded on the company's balance sheet. Investors also form their own opinion of Centerspace's value that differs from its market value or its book value, called intrinsic value, which is Centerspace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centerspace's market value can be influenced by many factors that don't directly affect Centerspace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centerspace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centerspace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centerspace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.