<div id="readability-page-1"><p><strong>Centerspace</strong> (NYSE:CSR - Get Free Report) declared a quarterly dividend on Monday, December 1st. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.77 per share on Monday, January 12th. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Tuesday, December 30th.</p><p>Centerspace has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Centerspace has a dividend payout ratio of -832.4% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Centerspace to earn $5.14 per share next year, which means the company should continue to be able to cover its $3.08 annual dividend with an expected future payout ratio of 59.9%. </p><h2>Centerspace Price Performance</h2><p>Shares of CSR stock traded up $0.02 on Tuesday, reaching $66.09. The company had a trading volume of 27,381 shares, compared to its average volume of 113,289. The business's 50-day moving average is $61.47 and its 200 day moving average is $60.25. Centerspace has a one year low of $52.76 and a one year high of $72.46. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $1.10 billion, a PE ratio of -36.75 and a beta of 0.75. </p><p>Centerspace (NYSE:CSR - Get Free Report) last released its quarterly earnings data on Monday, November 3rd. The company reported $1.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.22 by ($0.03). Centerspace had a negative return on equity of 2.81% and a negative net margin of 9.13%. Centerspace has set its FY 2025 guidance at 4.880-4.960 EPS. Equities research analysts forecast that  Centerspace will post 4.94 EPS for the current fiscal year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of equities analysts have issued reports on the company. Raymond James Financial  reaffirmed a &#34;market perform&#34; rating on shares of Centerspace in a report on Wednesday, November 12th. Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Centerspace in a report on Tuesday, November 25th. Wells Fargo &amp; Company lifted their target price on shares of Centerspace from $60.00 to $74.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Monday, November 17th. UBS Group upped their price target on shares of Centerspace from $60.00 to $63.00 and gave the company a &#34;neutral&#34; rating in a research report on Monday, November 10th. Finally, Cantor Fitzgerald  reiterated a &#34;neutral&#34; rating on shares of Centerspace in a report on Wednesday, November 12th. Three analysts have rated the stock with a Buy rating and seven have assigned  a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of &#34;Hold&#34; and an average price target of $69.67.</p><p><b>Read Our Latest Stock Report on Centerspace</b></p><h2>About Centerspace</h2> (Get Free Report)<p>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 September 30, 2023, Centerspace owned interests in 71 apartment communities consisting of 12,785 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota.</p><h2>Read More</h2><ul><li>Five stocks we like better than Centerspace</li><li>ETF Screener: Uses and Step-by-Step Guide </li><li>Insiders Swarm Vertical Aerospace Stock Ahead of Make-or-Break Reveal</li><li>5 discounted opportunities for dividend growth investors</li><li>Symbotic Reanimates Market, Long-Term Targets Are Back In Focus</li><li>The Risks of Owning Bonds</li><li>These Are the Hottest Upgrades From the Q3 Reporting Cycle</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNTUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNTUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Centerspace Right Now?</h2><p>Before you consider Centerspace, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Centerspace wasn't on the list.</p><p>While Centerspace currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Centerspace (NYSE:CSR) declared a quarterly dividend of $0.77 per share, payable on January 12th to shareholders of record on December 30th. The dividend yield is 4.7%. Despite a negative payout ratio, analysts expect future earnings to cover the dividend. The stock has a consensus 'Hold' rating with an average price target of $69.67. Centerspace operates 71 apartment communities across several states.</p>

Centerspace (NYSE:CSR) Declares $0.77 Quarterly Dividend