Centerspace

Company Profile

Centerspace had its IPO on 1997-10-17 under the ticker symbol CSR.

The company operates in the Real Estate sector and REIT-Residential industry. Centerspace has a staff strength of 421 employees.

Stock update

Shares of Centerspace opened at $61.82 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $61.47 - $62.07, and closed at $61.9.

This is a +0.16% increase from the previous day's closing price.

A total volume of 45,927 shares were traded at the close of the day’s session.

In the last one week, shares of Centerspace have slipped by -3.43%.

Centerspace's Key Ratios

Centerspace has a market cap of $972.28 million, indicating a price to book ratio of 1.4405 and a price to sales ratio of 4.136.

In the last 12-months Centerspace’s revenue was $264.30 million with a gross profit of $138.18 million and an EBITDA of $125.81 million. The EBITDA ratio measures Centerspace's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Centerspace’s operating margin was 9.31% while its return on assets stood at 0.78% with a return of equity of 4.41%.

In Q1, Centerspace’s quarterly earnings growth was a negative -45.5% while revenue growth was a positive 12.6%.

Centerspace’s PE and PEG Ratio

Forward PE

0

Trailing PE

27.6955

PEG

Its diluted EPS in the last 12-months stands at $2.2 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Centerspace’s profitability.

Centerspace stock is trading at a EV to sales ratio of 8.288 and a EV to EBITDA ratio of 17.6746. Its price to sales ratio in the trailing 12-months stood at 4.136.

Centerspace stock pays annual dividends of $2.92 per share, indicating a yield of 4.96% and a payout ratio of 140.38%.

Balance sheet and cash flow metrics

Total Assets

$1.98 billion

Total Liabilities

$200.11 million

Operating Cash Flow

$131.18 million

Capital Expenditure

$11.24 million

Dividend Payout Ratio

140.38%

Centerspace ended 2024 with $1.98 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.98 billion while shareholder equity stood at $775.81 million.

Centerspace ended 2024 with $0 in deferred long-term liabilities, $200.11 million in other current liabilities, 1176059000.00 in common stock, $-508420000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $8.94 million and cash and short-term investments were $8.94 million. The company’s total short-term debt was $143,469,000 while long-term debt stood at $774.41 million.

Centerspace’s total current assets stands at $57.84 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, Centerspace's operating cash flow was $131.18 million while its capital expenditure stood at $11.24 million.

Comparatively, Centerspace paid $1.40 in dividends in 2024.

Other key metrics

Current Trading Price

$61.9

52-Week High

$86.7197

52-Week Low

$50.5516

Analyst Target Price

$65.43

Centerspace stock is currently trading at $61.9 per share. It touched a 52-week high of $86.7197 and a 52-week low of $86.7197. Analysts tracking the stock have a 12-month average target price of $65.43.

Its 50-day moving average was $62.92 and 200-day moving average was $60.17 The short ratio stood at 4.32 indicating a short percent outstanding of 0%.

Around 101.5% of the company’s stock are held by insiders while 8387.8% are held by institutions.