CSR Centerspace Dashboard

Investors Real Estate Trust engages in the ownership, management, acquisition, redevelopment, and development of apartment communities. It focuses on making operational enhancements to improve residents' experience, redeveloping existing apartment communities to meet market demands and acquiring new apartment communities in the Minneapolis/St. Paul and Denver metropolitan areas. The company was founded on July 31, 1970 and is headquartered in Minot, ND.

Company profile

Ticker

CSR, CSR-PC

Exchange

NYSE

Website

www.iret.com/

CEO

Mark Decker

Incorporated

North Dakota

Location

North Dakota

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • Brookfield Property REIT • Simon Property • VEREIT • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • AGNC Investment • Boston Properties • Boston Properties LTD Partnership ...

SEC CIK

0000798359

Corporate docs

Articles of Incorporation & Bylaws

IRS number

450311232

CSR stock data

S&P 500

1M 1Y 2Y 5Y

News

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Benzinga's Top Ratings Upgrades, Downgrades For March 24, 2021

24 Mar 21

BTIG Downgrades Centerspace to Neutral

24 Mar 21

BTIG analyst James Sullivan downgrades Centerspace (NYSE:CSR) from Buy to Neutral.

Centerspace Q4 Core FFO $1.02 Up From $0.96 YoY, Sales $45.54M Beat $44.97M Estimate

22 Feb 21

Centerspace (NYSE:CSR) reported quarterly earnings of $1.02 per share. This is a 6.25 percent increase over earnings of $0.96 per share from the same period last year. The company reported quarterly sales of $45.54

Earnings Scheduled For February 22, 2021

22 Feb 21

Press releases

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Centerspace Announces Dates for the Earnings Release and Conference Call for the First Quarter of 2021

13 Apr 21

MINNEAPOLIS, April 13, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its first quarter 2021 operating results after the market closes on Monday, May 3, 2021. Conference Call: Management

Centerspace Announces Distributions For The 1st Quarter Of Calendar Year 2021

5 Mar 21

MINNEAPOLIS, March 5, 2021 /PRNewswire/ -- NYSE: CSR. Centerspace's Board of Trustees announced today that it has declared a regular quarterly distribution of $0.70 per share/unit, payable on April 12, 2021, to

Centerspace to Host Earnings Call

23 Feb 21

NEW YORK, NY / ACCESSWIRE / February 23, 2021 / Centerspace (NYSE:CSR) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 23, 2021 at 10:00 AM Eastern Time.To

Centerspace Announces Financial and Operating Results for the Year Ended December 31, 2020 and Provides 2021 Financial Outlook

22 Feb 21

Centerspace Announces Dates For The Earnings Release And Conference Call For The Year Ended December 31, 2020

1 Feb 21

Calendar

22 Feb 21

13 Apr 21

31 Dec 21

Financial summary

Financial statements Chart CSR financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Apr 18	Apr 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Centerspace earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	7.31M	7.31M	7.31M	7.31M	7.31M	7.31M
Cash burn (monthly)	3.9M	3.23M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	13.47M	11.18M	n/a	n/a	n/a	n/a
Cash remaining	-6.16M	-3.87M	n/a	n/a	n/a	n/a
Runway (months of cash)	-1.6	-1.2	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

CSR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
13 Mar 21	Kirchmann John	Common Shares of Beneficial Interest	Payment of exercise	Dispose F	No	No	73.4	222	16.29K	11,727
13 Mar 21	Kirchmann John	Common Shares of Beneficial Interest	Option exercise	Aquire M	No	No	0	478	0	11,949
13 Mar 21	Kirchmann John	RSU Common Shares of Beneficial Interest	Option exercise	Dispose M	No	No	0	478	0	956
13 Mar 21	Olson Anne	Common Shares of Beneficial Interest	Payment of exercise	Dispose F	No	No	73.4	331	24.3K	5,549
13 Mar 21	Olson Anne	Common Shares of Beneficial Interest	Option exercise	Aquire M	No	No	0	662	0	5,880
13 Mar 21	Olson Anne	RSU Common Shares of Beneficial Interest	Option exercise	Dispose M	No	No	0	662	0	1,324
13 Mar 21	Mark Okey Decker Jr	Common Shares of Beneficial Interest	Payment of exercise	Dispose F	No	No	73.4	582	42.72K	28,436
13 Mar 21	Mark Okey Decker Jr	Common Shares of Beneficial Interest	Grant	Aquire A	No	No	0	1,382	0	29,018
13 Mar 21	Mark Okey Decker Jr	RSU Common Shares of Beneficial Interest	Option exercise	Dispose M	No	No	0	1,382	0	2,766
8 Mar 21	Mark Okey Decker Jr	Common Shares of Beneficial Interest	Payment of exercise	Dispose F	No	No	73.42	376	27.61K	27,636

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

CSR institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders	Current	Prev Q	Change
Total holders	0	140	EXIT
Opened positions	0	10	EXIT
Closed positions	140	18	+677.8%
Increased positions	0	63	EXIT
Reduced positions	0	42	EXIT

13F shares	Current	Prev Q	Change
Total value	0	4.8B	EXIT
Total shares	0	9.77M	EXIT
Total puts	0	16.1K	EXIT
Total calls	0	15.2K	EXIT
Total put/call ratio	–	1.1	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change
BLK Blackrock	0	-2.18M	EXIT
Vanguard	0	-1.9M	EXIT
Renaissance Technologies	0	-726.03K	EXIT
STT State Street	0	-618.03K	EXIT
AMP Ameriprise Financial	0	-424.79K	EXIT
NTRS Northern Trust	0	-262.04K	EXIT
Uniplan Investment Counsel	0	-255.49K	EXIT
Pacific Heights Asset Management	0	-250K	EXIT
Geode Capital Management	0	-237.5K	EXIT
IVZ Invesco	0	-219.12K	EXIT

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Good

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From filing 10-K 2020 FY