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Centerspace (CSR) stock

CSRNYSEReal Estate Investment TrustsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 2, 2026Score 16/3056% below fair value
$56.94+0.70 (+1.24%)

Close on Nov 13, 2026Market cap $956.26MP/E 10.7Yield 5.41%

Earnings

Centerspace's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Feb 16, 2027
Q4 FY2026 · estimated, after the close
Revenue, Q3 FY2026
$59.50M
-16.7% on a year earlier
Core FFO per diluted share, Q3 FY2026
$1.11
$1.19 a year earlier
Latest guidance
Raised
Aug 3, 2026 · 5 items

Quarterly results

Revenue and earnings per share from each of Centerspace's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q4 FY2026ended Dec 31, 2026Feb 16, 2027Expected–––––
Q3 FY2026ended Sep 30, 2026Nov 2, 2026after the close$59.50M-16.7%$7.28$1.11Release
Q2 FY2026ended Jun 30, 2026Aug 3, 2026after the close$65.80M-3.9%-$0.07$1.27Release
Q1 FY2026ended Mar 31, 2026May 4, 2026after the close$65.10M-3.0%-$0.77$1.12Release
Q4 FY2025ended Dec 31, 2025Feb 17, 2026after the close$66.62M+0.3%-$1.10$1.25Release
Q3 FY2025ended Sep 30, 2025Nov 3, 2025after the close$71.40M+9.8%$3.19$1.19Release
Q2 FY2025ended Jun 30, 2025Aug 4, 2025after the close$68.50M+5.3%-$0.87$1.28Release
Q1 FY2025ended Mar 31, 2025May 1, 2025after the close$67.10M+4.0%-$0.22$1.21Release
Q4 FY2024ended Dec 31, 2024Feb 18, 2025after the close$66.41M+3.7%-$0.31$1.21Release
Q3 FY2024ended Sep 30, 2024Oct 28, 2024after the close$65.03M+0.7%-$0.40$1.18Release
Q2 FY2024ended Jun 30, 2024Jul 29, 2024after the close$65.04M+0.4%-$0.19$1.27Release
Q1 FY2024ended Mar 31, 2024Apr 29, 2024after the close$64.51M-5.0%-$0.37$1.23Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Centerspace's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Same-Store Growth RevenueFY20260% – +1%0% – +1.75%LoweredAug 3, 2026
Same-Store RevenueFY20260% – +1.75%–NewMay 4, 2026
Operating incomeGAAPFY2026$29.70M – $34.85M–NewFeb 17, 2026
Same-Store Growth NOInon-GAAPFY2026-1% – 0%–NewAug 3, 2026
Net income per Share – dilutedGAAPFY2026$6.42 – $6.82-$0.95 – -$0.66RaisedAug 3, 2026
Core FFO per Share – dilutednon-GAAPFY2026$4.58 – $4.68$4.81 – $5.05LoweredAug 3, 2026
Same-store recurring capital expendituresFY2026$1.25K – $1.35K$2.50M – $12.50MLoweredMay 4, 2026
Controllable expensesnon-GAAPFY2026+0.5% – +1.5%–NewFeb 17, 2026
FFO per Share – dilutednon-GAAPFY2026$4.37 – $4.50$4.65 – $4.92LoweredAug 3, 2026
Non-controllable expensesFY2026+1.5% – +2.5%–NewFeb 17, 2026
Non-same-store NOInon-GAAPFY2026$15.45M – $15.65M–LoweredFeb 17, 2026
Other properties NOInon-GAAPFY2026$2.40M – $2.60M–LoweredFeb 17, 2026
Same-Store ExpensesFY2026+1% – +2%–ReaffirmedMay 4, 2026
Same-store NOInon-GAAPFY2026$144.50M – $148.10M–NewFeb 17, 2026
Same-Store NOInon-GAAPFY2026-0.5% – +2%-0.5% – +2%ReaffirmedMay 4, 2026
Total ExpensesFY2026+1% – +2%–LoweredFeb 17, 2026
Total NOInon-GAAPFY2026$162.35M – $166.35M–RaisedFeb 17, 2026

Guidance vs results

The last range Centerspace gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
FY2025Core FFO per Share – diluted$4.88 – $4.96$4.93Σ4QWithin range
FY2025EPS (GAAP)$1.97 – $2.19$1.00Σ4QBelow range

Guidance history

Every forecast Centerspace put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Aug 3, 2026Core FFO per Share – dilutedFY2026$4.58 – $4.68Lowered
Aug 3, 2026Net income per Share – dilutedFY2026$6.42 – $6.82Raised
Aug 3, 2026Same-Store Growth NOIFY2026-1% – 0%New
Aug 3, 2026FFO per Share – dilutedFY2026$4.37 – $4.50Lowered
Aug 3, 2026Same-Store Growth RevenueFY20260% – +1%Lowered
May 4, 2026Same-store recurring capital expendituresFY2026$1.25K – $1.35KLowered
May 4, 2026Value-add expendituresFY2026$2.50M – $12.50MRaised
May 4, 2026Same-Store RevenueFY20260% – +1.75%New
May 4, 2026Core FFO per Share – dilutedFY2026$4.81 – $5.05Reaffirmed
May 4, 2026Net loss per Share – dilutedFY2026-$0.95 – -$0.66Lowered
May 4, 2026FFO per Share – dilutedFY2026$4.65 – $4.92Raised
May 4, 2026Same-Store ExpensesFY2026+1% – +2%Reaffirmed
May 4, 2026Same-Store NOIFY2026-0.5% – +2%Reaffirmed
Feb 17, 2026Value-add expendituresFY2026$2.50M – $12.50MRaised
Feb 17, 2026Same-store capital expendituresFY2026$1.25K – $1.35KNew
Feb 17, 2026Core FFO per Share - dilutedFY2026$4.81 – $5.05New
Feb 17, 2026Net income (loss) per share - dilutedFY2026-$0.49 – -$0.19New
Feb 17, 2026Operating incomeFY2026$29.70M – $34.85MNew
Feb 17, 2026Same-store NOIFY2026$144.50M – $148.10MNew
Feb 17, 2026FFO per Share - dilutedFY2026$4.61 – $4.89New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Centerspace filed with the SEC as exhibits to Form 8-K or 6-K

  1. Independence Realty Trust Stockholders and Centerspace Shareholders Approve Merger
    Update
  2. Centerspace Reports Third Quarter 2026 Financial & Operating Results
    Results
  3. INDEPENDENCE REALTY TRUST AND CENTERSPACE An All-Stock Merger Creating an $8.1
    Update
  4. Independence Realty Trust and Centerspace to Merge in $8.1 Billion Combination
    Update
  5. 8-K exhibit EX-99.1
    Update
  6. Centerspace Reports Second Quarter 2026 Financial & Operating Results and Updates Financial Outlook Due to Disposition Activity
    Results
  7. Centerspace Announces Outcome of Strategic Review; $245 Million of Planned Dispositions
    Update
  8. centerspacehomes.com INVESTOR PRESENTATION June 1, 2026 MartinBlu Apartments – Eden Prairie, MN
    Update
  9. centerspacehomes.com INVESTOR PRESENTATION May 8, 2026 MartinBlu Apartments – Eden Prairie, MN
    Update
  10. Centerspace Reports First Quarter 2026 Financial & Operating Results and Reaffirms 2026 Core Financial Outlook
    Results
  11. CENTERSPACE ANNOUNCES CHANGE TO BOARD OF TRUSTEES
    Update
  12. centerspacehomes.com INVESTOR PRESENTATION February 27, 2026 Noko Apartments – Minneapolis, MN
    Update
  13. Centerspace Announces Financial and Operating Results for the Year Ended
    Results
  14. centerspacehomes.com INVESTOR PRESENTATION November 10, 2025 Railway Flats Apartments – Loveland, CO
    Update
  15. Centerspace Reports Third Quarter 2025 Financial & Operating Results and Updates 2025 Financial Outlook
    Results

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