Is Centerspace (CSR) overvalued or fairly valued?

MarketChacha shows Centerspace's valuation in context — a trailing P/E of about 36.4, a forward P/E of about -328.9, a price-to-book of about 1.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Centerspace's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (6.08×) from reported figures — education, not a rating.

What is Centerspace's revenue?

Centerspace reported revenue of $273.7M for FY2025, with net profit of $17.1M, per official filings.

What is the share price of Centerspace (CSR)?

Centerspace last traded at $53.95 (+1.2% on the day), as of 8/19/2026 — a delayed quote shown for education, not investment advice.

Centerspace

CSR · NYSE · Real Estate · United States

Snapshot

TickerCSR

ExchangeNYSE

SectorReal Estate

IndustryREIT - Residential

CountryUnited States

Employees334

HeadquartersMinot, United States

Websitewww.centerspacehomes.com

Filings tracked21

About Centerspace

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 June 30, 2026, Centerspace owned 60 apartment communities consisting of 12,090 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah. Centerspace was named a Top Workplace in 2026 by USA Today and for the seventh consecutive year in 2026 by the Minnesota Star Tribune. Centerspace was established in 1970 and is incorporated in North Dakota.

Who owns it

Insiders0.7%
Institutions97.3%
Public & other2.1%

322 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.17.79%
Vanguard Portfolio Management LLC10.22%
Voss Capital, LP7.32%
State Street Corporation5.68%
Vanguard Capital Management LLC4.43%
Silvercrest Asset Management Group, LLC3.23%
Geode Capital Management, LLC2.84%
Wellington Management Group, LLP2.84%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 9.6 points over the period — profitability is trending down.

Cash conversion6.08×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend15.8% → 6.2%

Margin has compressed by about 9.6 points over the period — profitability is trending down.

Return on equity2.4%

Latest ROE of 2.4% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 2% · PAT -36%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $61.9M · EPS -0.06

Est. earnings growth +44.9%

Next fiscal year

Rev $253.6M · EPS -0.16

Est. earnings growth +81.7%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$273.7M

Net margin

6.2%

ROE

2.4%

Revenue CAGR (2y)

+2.3%

Profit CAGR (2y)

-35.7%

EPS (FY2025)

1.02

Net profit (FY2025)

$17.1M

Ask MarketChacha about CSR

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$273.7M	$17.1M	1.02	6.2%	2.4%
FY2024	$261.0M	$-11.3M	-1.27	-4.3%	-1.5%
FY2023	$261.3M	$41.3M	2.32	15.8%	5.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$65.8M	$-1.0M	-0.07	-1.6%
2026Q1	$65.1M	$-12.9M	-0.77	-19.8%
2025Q3	$71.4M	$53.8M*	3.19	—
2025Q2	$68.5M	$-14.5M	-0.87	-21.2%
2025Q1	$67.1M	$-3.7M	-0.22	-5.6%
2024Q3	$1.2M	$-1.0M	-0.40	-86.2%
2024Q2	$1.1M	$-1.3M	-0.19	-118.8%
2024Q1	$1.2M	$-3.9M	-0.37	-329.5%
2023Q3	$1.4M	$7.8M*	0.41	—
2023Q2	$1.2M	$-1.9M	-0.23	-151.3%
2023Q1	$1.2M	$43.6M*	2.76	—

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure, Exhibits
SEC8/10/2026material
10-Q filing
SEC8/3/2026
8-K — Results of operations, Exhibits
SEC8/3/2026material
8-K — Reg FD disclosure, Other events, Exhibits
SEC6/1/2026material
8-K — Shareholder vote results
SEC5/15/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/8/2026material
10-Q filing
SEC5/4/2026
8-K — Results of operations, Exhibits
SEC5/4/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC3/11/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/27/2026material
8-K — Results of operations, Exhibits
SEC2/17/2026material
10-K filing
SEC2/17/2026

2025

8-K — Reg FD disclosure, Exhibits
SEC11/10/2025material
10-Q filing
SEC11/3/2025
8-K — Results of operations, Exhibits
SEC11/3/2025material
8-K — Reg FD disclosure, Exhibits
SEC9/23/2025material
8-K — Reg FD disclosure, Exhibits
SEC9/5/2025material
8-K — Reg FD disclosure, Exhibits
SEC8/13/2025material
8-K/A — Executive/director change, Exhibits
SEC8/4/2025
10-Q filing
SEC8/4/2025
8-K — Results of operations, Other events, Exhibits
SEC8/4/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.