Equities

Centerspace

Centerspace

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Real EstateReal Estate Investment Trusts
  • Price (USD)68.26
  • Today's Change0.93 / 1.38%
  • Shares traded70.50k
  • 1 Year change+16.07%
  • Beta0.8830
Data delayed at least 15 minutes, as of May 31 2024 21:10 BST.
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About the company

Centerspace is a real estate investment trust. The Company is focused on the ownership, management, acquisition, development, and redevelopment of apartment communities. The Company owns approximately 72 apartment communities consisting of 13,088 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. The Company conducts its daily business operations primarily through its operating partnership, Centerspace, LP (the Operating Partnership). The Company’s portfolio of apartment communities includes 71 France, Alps Park Apartments, Arcata Apartments, Ashland Apartment Homes, Avalon Cove Townhomes, Burgundy & Hillsboro, Canyon Lake Apartments, Castlerock Apartment Homes, Cottonwood Apartment Homes, Country Meadows Apartment Homes, Deer Ridge Apartment Homes, Grand Gateway Apartment Homes, Homestead Garden Apartments, Silver Springs Apartment Homes, and Rimrock West Apartments, among others.

  • Revenue in USD (TTM)257.92m
  • Net income in USD-12.58m
  • Incorporated1997
  • Employees377.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
CSR:NYQ since
announced
Transaction
value
Lake Vista Apartment HomesDeal completed11 Oct 202311 Oct 2023Deal completed17.37%94.50m
Data delayed at least 15 minutes, as of May 31 2024 21:10 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Murano Global Investments Plc0.004.00m851.86m--117.944.21----0.09120.09120.002.550.00------2.35--2.39--------------0.0336------93,724.45------
Saul Centers Inc261.82m41.62m872.69m132.0021.045.418.513.331.731.7310.8814.400.1343--4.921,983,492.003.573.614.043.9673.6474.3426.5925.74--2.400.7327142.614.872.476.402.909.402.56
Service Properties Trust1.88bn-137.23m891.79m0.00--0.80013.630.4741-0.831-0.83111.406.720.2557--53.68---1.79-1.80-1.92-1.9034.6436.79-7.00-8.50--0.64570.8322--0.5825-3.9775.24--3.38-17.63
Piedmont Office Realty Trust, Inc.579.93m-74.78m903.17m150.00--0.53755.621.56-0.6044-0.60444.6913.560.1409--3.073,866,180.00-1.822.93-1.863.0459.1859.89-12.8920.42--0.72270.551789.742.481.90-132.95---6.72-4.42
NexPoint Residential Trust Inc275.88m74.45m941.48m3.0012.951.845.513.412.832.8310.5719.890.1302--17.4691,958,660.003.532.103.592.1394.3893.7727.0917.60--0.63450.74290.965.1413.62578.01---14.7810.94
ARMOUR Residential REIT, Inc.587.65m-34.03m942.86m0.00--0.756--1.60-0.7101-0.710112.7425.580.0462--12.25---0.1732-1.70-1.62-10.96-0.0337-152.67-3.75-166.36----0.874--847.0538.7966.97-----15.20
Plymouth Industrial Reit Inc200.68m19.22m946.67m43.0049.071.958.514.720.42510.42514.5410.680.1364----4,666,884.001.59-0.83971.68-0.8968.5167.2811.68-6.34--0.81290.6402--8.8932.35132.89---25.00-9.71
Chimera Investment Corp740.51m124.44m957.63m39.007.810.362--1.291.521.529.4632.880.0554--9.6118,987,380.001.480.83781.951.3626.6447.5326.7615.71----0.7873373.226.46-10.21108.92-32.31---18.94
Paramount Group Inc743.19m-251.65m988.85m329.00--0.3091--1.33-1.16-1.163.4214.720.0906--41.922,258,939.00-4.42-0.9559-5.04-1.0860.2562.67-48.83-11.11--0.33150.4736--0.3256-0.4299-612.00---6.13-14.52
Sila Realty Trust Inc190.06m24.82m1.00bn48.0044.120.783410.085.280.43060.43063.3224.250.0886--3.123,959,583.001.16--1.17------13.06----3.450.2588--5.04--401.35------
Armada Hoffler Properties Inc716.47m6.10m1.01bn164.00126.831.909.311.400.08940.089410.628.530.2965--17.624,368,689.000.82642.061.012.6427.0835.032.799.72--1.400.6545185.8241.6128.11-105.16---14.67-0.633
Centerspace257.92m-12.58m1.02bn377.00--1.7111.603.95-0.883-0.88315.7247.260.1329----684,132.60-0.40641.41-0.47471.5958.1955.28-3.0610.99--0.81560.5004252.931.79--269.92------
UMH Properties Inc226.00m-9.68m1.06bn480.00--2.5322.534.71-0.150-0.1503.4510.190.16221.77--470,829.200.55461.470.56661.5153.9852.243.429.50--1.280.4836--12.8511.2675.97--19.577.21
Alexander's, Inc.233.42m107.30m1.08bn92.0010.144.717.624.6420.9220.9245.5045.060.1686--40.982,537,152.007.755.778.025.9855.4656.0445.9736.96--2.430.8261117.439.30-0.684877.7012.583.370.00
Apartment Investment and Management Co192.93m-167.57m1.14bn61.00--3.29--5.92-1.19-1.191.362.400.0896--26.993,162,787.00-7.372.48-8.842.7459.8863.68-82.2926.79--0.05740.6922---1.76-28.09-322.67---14.07--
Easterly Government Properties Inc288.81m18.94m1.22bn56.0060.580.919110.744.220.19550.19552.9712.880.1002--4.395,157,268.000.74730.88320.80230.958664.7267.137.458.49--1.510.4948448.70-2.1712.33-41.1431.78-6.460.3817
Data as of May 31 2024. Currency figures normalised to Centerspace's reporting currency: US Dollar USD

Institutional shareholders

53.81%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 31 Mar 20242.46m16.49%
The Vanguard Group, Inc.as of 31 Mar 20242.36m15.87%
SSgA Funds Management, Inc.as of 31 Mar 2024925.89k6.22%
Wellington Management Co. LLPas of 31 Mar 2024540.60k3.63%
Renaissance Technologies LLCas of 31 Mar 2024379.32k2.55%
Geode Capital Management LLCas of 31 Mar 2024368.99k2.48%
Charles Schwab Investment Management, Inc.as of 31 Mar 2024297.38k2.00%
Heitman Real Estate Securities LLCas of 31 Mar 2024271.05k1.82%
Dimensional Fund Advisors LPas of 31 Mar 2024209.33k1.41%
Pacific Heights Asset Management LLCas of 31 Mar 2024200.00k1.34%
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Data from 31 Mar 2024 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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