About Centerspace
- Industry: Real Estate
- Exchange: NEW YORK STOCK EXCHANGE, INC.
- Country: US
- Website: https://www.centerspacehomes.com/
Frequently Asked Questions
What is the 52-week range for CSR?
The 52-week high is $69.61 and the 52-week low is $52.
What is the P/E ratio for CSR?
The Price to Earnings (P/E) ratio is 42.14.
What is the dividend yield for CSR?
The indicated annual dividend yield is 5.39%.
What is the Return on Equity (ROE)?
The trailing twelve months (TTM) Return on Equity is 3.03%.
What is the Net Profit Margin?
The Net Profit Margin (TTM) is 8.08%.
What is the Price to Book (P/B) Ratio?
The annual Price to Book ratio stands at 1.53.
Analyst Recommendation Trends
Wall Street analyst consensus for CSR over the last few months:
Latest CSR News
Multifamily REITs: The Buyer Nobody's Pricing In
Apartment REITs like VMRK & Camden may benefit from private multifamily distress, NAV discounts and 2027 supply peakâsee key drivers and what to do now.
Centerspace Announces Third Quarter 2026 Earnings Release Date
Centerspace (NYSE: CSR) (the "Company") will release its operating results for the quarter ended September 30, 2026, after the market closes on Monday, November 2, 2026.
Investor challenges IRT’s acquisition of Centerspace
Irenic Capital Management thinks Independence Realty Trust should instead explore selling itself.
Activist Calls Independence Realty Trust's Centerspace Merger 'Destructive' To REIT
Irenic Capital opposes the IRT merger with Centerspace, urging a sale instead for better value.
Irenic Sends Letter to Independence Realty Trust Board of Directors Opposing Proposed Acquisition of Centerspace and Urging a Sale of the Company
NEW YORK, September 29, 2026--Irenic Capital Management LP ("Irenic"), one of the largest actively managed shareholders of Independence Realty Trust, Inc. ("IRT" or the "Company") (NYSE: IRT) with approximately 2% ownership, today sent the below letter to the Company's Board of Directors (the "Board") expressing its opposition to the proposed acquisition of Centerspace (NYSE: CSR) announced on September 9, 2026. In the letter, Irenic outlines why it believes a sale of IRT represents a superior p
Dividend Champion, Contender, And Challenger Highlights: Week September 27
Get the weekly summary of dividend changes for Dividend Champions, Contenders & Challengers, plus upcoming ex-dividend and pay dates.
The Rate Shock That Didn't Break REITs
The 10-year Treasury reached 5%, yet REITs remain higher by roughly 7% in 2026 as the once-dominant rate correlation weakens further. Read what investors need to know.
Independence Realty Trust (IRT) and Centerspace Combine into an $8.1 Billion Apartment Giant
On September 9, 2026, Independence Realty Trust, Inc. (NYSE:IRT) and Centerspace announced a definitive all-stock merger agreement. It creates a combined middle-market apartment REIT with a pro forma equity market capitalization of about $5.0 billion and a total enterprise value of approximately $8.1 billion, encompassing more than 44,000 units. The combined company will retain the […]
Independence Realty Trust (IRT) Stock Trades Below Fair Value After A 16% Slide
Independence Realty Trust has fallen out of favor with the market in 2026, and the drop is sharp enough that it raises a simple question for investors who care about cash flow support. Has the recent slide taken the stock away from what its underlying rental cash flows can justify, or closer to it? The share price is down about 16% year to date, which means the market is reassessing what each dollar of Independence Realty Trust’s cash flows is worth. The planned all stock merger with...
New Strong Sell Stocks for September 17th
OZK, CSR and DBX have been added to the Zacks Rank #5 (Strong Sell) List on September 17th, 2026.
Look At REITs As Dividend Income Machines
Hoya Capital's David Auerbach explains why fundamentals matter and why M&A is the reason to buy REITs right now.
UBS Maintains Neutral on Center, Lowers Price Target to $68
UBS maintains Center (NYSE:CSR) with a Neutral and lowers the price target from $70 to $68.
IRT’s purchase of Centerspace driven by scale, diversification
The acquisition gives Independence Realty Trust a bigger foothold outside of the Sun Belt and provides a “vindication of the Midwest,” per one analyst.
Hike Comes Into Sight
U.S. stocks slipped as oil topped $100 and yields jumped on Iran tensions. Click here for a detailed analysis.
Independence Realty Trust: Buying Centerspace Really Doesn't Change Much
Independence Realty Trust acquires Centerspace, expanding to 44,354 units and targeting 5% Core FFO accretion by 2027. See why I rate IRT stock a Hold.
Independence Realty Buying Centerspace: Opportunity And Implications
Independence Realtyâs $8.1B stock deal for Centerspace targets 5% FFO accretion via $24M synergies, boosting multifamily valueâread IRT's outlook here.
New Strong Sell Stocks for September 11th
DKS, AU and CSR have been added to the Zacks Rank #5 (Strong Sell) List on September 11, 2026.
Cantor Fitzgerald Reiterates Neutral on Center, Maintains $57 Price Target
Cantor Fitzgerald analyst Richard Anderson reiterates Center (NYSE:CSR) with a Neutral and maintains $57 price target.
IRT, Centerspace Merge in $8.1B Multifamily REIT Deal
IRT and Centerspace are merging into an $8.1B multifamily REIT with 44,000 units and broader exposure to high-growth US markets.
Centerspace (CSR) Independence Realty Trust, Inc. - M&A Call - Slideshow
2026-09-10. The following slide deck was published by Centerspace in conjunction with this event.
Why Independence Realty Trust Stock Sank Today
It's essentially acquiring a peer REIT.
Independence Realty Trust To Buy Centerspace, Creating $8.1B REIT
The all-stock deal will create a company with an $8.1B enterprise valuation and a firm that owns more than 44,000 apartments.
Gapping stocks in Wednesday's session
The market is buzzing with gapping stocks on Wednesday. Let's uncover which stocks are experiencing notable gaps during today's session.
Independence Realty Trust and Centerspace to Merge in $8.1 Billion Combination
PHILADELPHIA & MINNEAPOLIS, September 09, 2026--Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") and Centerspace (NYSE: CSR) ("Centerspace") today announced that they have entered into a definitive merger agreement under which Centerspace and IRT will combine in an all-stock transaction, creating a leading middle-market multifamily REIT focused on high-growth, non-gateway markets. The combined company is expected to have a pro forma equity market capitalization of approximately $5.0 billion a
Centerspace, Independence Realty Trust merge to create $8.1B REIT
The IRT-Centerspace combination shows that multifamily REITs of all stripes are chasing scale as the costs of doing business continue to rise.
Independence Realty Trust To Merge With Centerspace, With Centerspace Holders To Receive 3.8 IRT Shares Per CSR Share; Combined Entity To Have Pro Forma Market Cap Of ~$5B And EV Of ~$8.1B
Under the terms of the merger agreement, which has been unanimously approved by the Board of Directors of both IRT and Centerspace, Centerspace shareholders will receive 3.800 shares of IRT common stock for each share
Related Stocks (Peers)
Recent Insider Transactions
| Date | Name | Shares Changed | Price | Value |
|---|---|---|---|---|
| 2026-06-22 | Jones-Tyson Rodney | +1,700 | $55.26 | $93,942 |
| 2026-06-18 | Schissel John A | +500 | $54.9 | $27,450 |
| 2026-06-01 | Hixon Ola Oyinsan | -1,446 | - | - |
| 2026-06-01 | Hixon Ola Oyinsan | +1,446 | - | - |
| 2026-06-01 | Jones-Tyson Rodney | -1,446 | - | - |
| 2026-06-01 | Jones-Tyson Rodney | +1,446 | - | - |
| 2026-06-01 | Green Emily Nagle | -1,446 | - | - |
| 2026-06-01 | Green Emily Nagle | +1,446 | - | - |
| 2026-06-01 | Rosenberg Jay L. | -1,446 | - | - |
| 2026-06-01 | Rosenberg Jay L. | +1,446 | - | - |
| 2026-06-01 | Schissel John A | -2,297 | - | - |
| 2026-06-01 | Schissel John A | +2,297 | - | - |
| 2026-06-01 | TWINEM MARY J | -1,446 | - | - |
| 2026-06-01 | TWINEM MARY J | +1,446 | - | - |
| 2026-05-13 | TWINEM MARY J | +1,337 | - | - |
| 2026-05-13 | Hixon Ola Oyinsan | +1,337 | - | - |
| 2026-05-13 | Jones-Tyson Rodney | +1,337 | - | - |
| 2026-05-13 | Rosenberg Jay L. | +1,337 | - | - |
| 2026-05-13 | Schissel John A | +2,124 | - | - |
| 2026-03-31 | Olson Anne | -5,492 | - | - |
| 2026-03-31 | Olson Anne | -2,875 | $57.45 | $165,169 |
| 2026-03-31 | Olson Anne | +5,492 | - | - |
| 2026-03-31 | Patel Bhairav | -1,831 | - | - |
| 2026-03-31 | Patel Bhairav | -637 | $57.45 | $36,596 |
| 2026-03-31 | Patel Bhairav | +1,831 | - | - |
| 2026-02-02 | Olson Anne | -322 | $63.83 | $20,553 |
| 2026-02-02 | Olson Anne | +1,050 | - | - |
| 2026-02-02 | Patel Bhairav | -202 | $63.83 | $12,894 |
| 2026-02-02 | Patel Bhairav | +620 | - | - |
| 2026-01-01 | Olson Anne | +13,437 | - | - |
| 2026-01-01 | Patel Bhairav | +4,895 | - | - |
| 2025-12-26 | Olson Anne | -2,938 | - | - |
| 2025-12-26 | Olson Anne | -3,378 | - | - |
| 2025-12-26 | Olson Anne | -1,008 | - | - |
| 2025-12-26 | Olson Anne | -4,281 | $67.21 | $287,726 |
| 2025-12-26 | Olson Anne | -3,835 | $67.21 | $257,750 |
| 2025-12-26 | Olson Anne | +8,177 | - | - |
| 2025-12-26 | Olson Anne | +2,938 | - | - |
| 2025-12-26 | Olson Anne | +3,378 | - | - |
| 2025-12-26 | Olson Anne | +1,008 | - | - |
| 2025-12-26 | Patel Bhairav | -1,018 | - | - |
| 2025-12-26 | Patel Bhairav | -1,175 | - | - |
| 2025-12-26 | Patel Bhairav | -595 | - | - |
| 2025-12-26 | Patel Bhairav | -2,468 | $67.21 | $165,874 |
| 2025-12-26 | Patel Bhairav | -1,427 | $67.21 | $95,909 |
| 2025-12-26 | Patel Bhairav | +4,824 | - | - |
| 2025-12-26 | Patel Bhairav | +1,018 | - | - |
| 2025-12-26 | Patel Bhairav | +1,175 | - | - |
| 2025-12-26 | Patel Bhairav | +595 | - | - |