Royal Bank Of Canada Lowers Centerspace (NYSE:CSR) Price Target to $67.00

Posted by Geri Gentry on Jun 5th, 2026

Centerspace (NYSE:CSR – Get Free Report) had its price target lowered by stock analysts at Royal Bank Of Canada from $71.00 to $67.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 12.63% from the stock’s current price.

A number of other equities research analysts have also issued reports on CSR. Weiss Ratings raised shares of Centerspace from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded shares of Centerspace from a “strong sell” rating to a “sell” rating in a report on Sunday, May 17th. Wells Fargo & Company increased their price target on shares of Centerspace from $69.00 to $70.00 and gave the company an “equal weight” rating in a research note on Monday. Piper Sandler upgraded shares of Centerspace from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $69.00 to $72.00 in a report on Tuesday, April 7th. Finally, UBS Group lifted their price target on shares of Centerspace from $66.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Centerspace presently has a consensus rating of “Hold” and a consensus target price of $68.80.

Check Out Our Latest Stock Analysis on CSR

Centerspace Trading Down 0.9%

Centerspace stock traded down $0.51 during trading on Friday, reaching $59.49. 7,501 shares of the company were exchanged, compared to its average volume of 124,130. Centerspace has a 52-week low of $52.76 and a 52-week high of $69.61. The company has a market capitalization of $999.54 million, a P/E ratio of 132.38 and a beta of 0.88. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.03 and a quick ratio of 0.03. The stock’s 50 day simple moving average is $64.40 and its two-hundred day simple moving average is $64.31.

Centerspace (NYSE:CSR – Get Free Report) last issued its earnings results on Monday, May 4th. The company reported ($0.77) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by ($0.48). Centerspace had a net margin of 2.93% and a return on equity of 0.94%. The company had revenue of $65.07 million during the quarter, compared to analysts’ expectations of $66.54 million. Centerspace has set its FY 2026 guidance at 4.810-5.050 EPS. On average, equities research analysts expect that Centerspace will post 4.9 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Centerspace

Institutional investors and hedge funds have recently modified their holdings of the company. Amundi boosted its holdings in Centerspace by 4.4% during the 1st quarter. Amundi now owns 11,052 shares of the company’s stock valued at $635,000 after acquiring an additional 462 shares during the period. Quantinno Capital Management LP increased its stake in Centerspace by 19.2% during the first quarter. Quantinno Capital Management LP now owns 34,406 shares of the company’s stock worth $1,977,000 after purchasing an additional 5,534 shares during the period. ABS Direct Equity Fund LLC increased its stake in Centerspace by 131.3% during the first quarter. ABS Direct Equity Fund LLC now owns 25,000 shares of the company’s stock worth $1,436,000 after purchasing an additional 14,193 shares during the period. Cetera Investment Advisers acquired a new stake in shares of Centerspace during the first quarter worth about $208,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Centerspace by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 238,535 shares of the company’s stock valued at $13,704,000 after purchasing an additional 2,139 shares during the period. Hedge funds and other institutional investors own 79.00% of the company’s stock.

About Centerspace

(Get Free Report)

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. Centerspace was named a Top Workplace for the fourth consecutive year in 2023 by the Minneapolis Star Tribune.