D/B/A Centerspace (CSR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

D/B/A Centerspace

NYSE•Real Estate•REIT - Residential

$57.87-0.75(-0.01%)After hours

Market Cap

$955.31M

P/E

44.6x

P/S

3.6x

P/B

1.4x

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.

How this company scores

AverageMetricSide Score: 58/100

Strongest: Profitability (19/25); weakest: Balance Sheet & Red Flags (10/25).

Profitability19/25

Growth16/25

Balance Sheet & Red Flags10/25

Cash & Earnings Quality13/25

Strengths

Strong marginsRising earningsProfit converts from growthConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 44.6x5y range 19.0x – 489.6x

Currently above its 9-quarter median.

P/S · 3.6x5y range 3.0x – 8.1x

Currently near its 20-quarter median.

P/B · 1.4x5y range 1.0x – 2.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -4.3x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $955.31M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $268.87M
Q. Revenue: $65.78M
TTM EBITDA: $180.03M
TTM Op. Income: $69.98M
Q. Op. Income: $8.78M
TTM Net Income: $21.44M
Q. Net Income: $-1.02M
EPS: $-0.07
Shares Out.: $16.81M

$268.87M in TTM revenue grew 0.7% YoY, reaching $65.78M last quarter. TTM EBITDA of $180.03M and TTM operating income of $69.98M show growth is flowing through to the bottom line. TTM net income of $21.44M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 51.5%
Op. Margin: 13.4%
Net Margin: -1.6%

Op. margin of 13.4% is up 23.3% YoY — cost efficiency is improving. Net margin at -1.6% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 44.6x
P/S Ratio: 3.6x
P/B Ratio: 1.4x

At 44.6x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 3.6x and P/B of 1.4x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Over the past year, P/E is up 0% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.84B
Cash: $8.56M
Long-Term Debt: $989.58M
Book Value: $680.22M
D/E Ratio: 1.5
Debt/EBITDA: 29.2

With $1.84B in assets and $989.58M in long-term debt, D/E is 1.5and book value is $680.22M — moderate leverage. Over the past year, debt/equity is down 7% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $22.70M
TTM Free Cash Flow: $3.37M
FCF Margin: 1.3%
FCF / Net Income: 0.2

TTM FCF of $3.37M on $22.70M in operating cash flow. The FCF / Net Income ratio of 0.2x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is up 104% — an improving trend.