Centerspace (NYSE:CSR) Price Target Cut to $56.00 by Analysts at Piper Sandler

Posted by Geri Gentry on Oct 13th, 2026

Centerspace (NYSE:CSR – Free Report) had its target price lowered by Piper Sandler from $58.00 to $56.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Other analysts have also issued research reports about the stock. Weiss Ratings lowered shares of Centerspace from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, August 19th. Wall Street Zen upgraded shares of Centerspace from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Royal Bank Of Canada decreased their price objective on shares of Centerspace from $67.00 to $64.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Zacks Research lowered shares of Centerspace from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 18th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $57.00 target price on shares of Centerspace in a research report on Thursday, September 10th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Centerspace currently has a consensus rating of “Hold” and a consensus price target of $63.67.

Read Our Latest Research Report on Centerspace

Centerspace Price Performance

CSR stock opened at $56.22 on Monday. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.87. Centerspace has a 52-week low of $52.00 and a 52-week high of $69.61. The stock’s 50 day moving average is $54.98 and its two-hundred day moving average is $58.69. The company has a market capitalization of $945.64 million, a PE ratio of 44.62 and a beta of 0.84.

Centerspace (NYSE:CSR – Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.06. The company had revenue of $65.78 million for the quarter, compared to analyst estimates of $66.29 million. Centerspace had a return on equity of 2.58% and a net margin of 7.97%. Centerspace has set its FY 2026 guidance at 4.580-4.680 EPS. Analysts predict that Centerspace will post 4.67 earnings per share for the current fiscal year.

Centerspace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 29th will be issued a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is Tuesday, September 29th. Centerspace’s dividend payout ratio (DPR) is currently 244.44%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC boosted its holdings in Centerspace by 67.4% in the first quarter. Sound Income Strategies LLC now owns 626 shares of the company’s stock worth $36,000 after purchasing an additional 252 shares during the period. Avalon Trust Co raised its holdings in shares of Centerspace by 36.3% during the first quarter. Avalon Trust Co now owns 709 shares of the company’s stock worth $41,000 after purchasing an additional 189 shares during the period. State of Wyoming acquired a new stake in shares of Centerspace during the second quarter worth $60,000. IFM Investors Pty Ltd acquired a new stake in shares of Centerspace during the first quarter worth $156,000. Finally, Cetera Investment Advisers bought a new position in shares of Centerspace in the 1st quarter worth about $208,000. Institutional investors and hedge funds own 79.00% of the company’s stock.

Centerspace Company Profile

(Get Free Report)

Centerspace (NYSE:CSR) is a real estate investment trust that owns, operates and manages apartment communities. The company focuses on providing rental housing and generating income through multifamily properties, with operations concentrated in select markets across the Upper Midwest and Mountain West regions of the United States.

Its portfolio includes apartment communities serving a range of residents and household needs. Centerspace is involved in property management, leasing, resident services, maintenance and the ongoing improvement of its communities.