Is Centerspace Stock a Good Investment?
Centerspace Investment Advice | CSR |
- Examine Centerspace's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Centerspace's leadership team and their track record. Good management can help Centerspace navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Multi-Family Residential REITs space and any emerging trends that could impact Centerspace's business and its evolving consumer preferences.
- Compare Centerspace's performance and market position to its competitors. Analyze how Centerspace is positioned in terms of product offerings, innovation, and market share.
- Check if Centerspace pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Centerspace's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Centerspace stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Centerspace is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Centerspace Stock
Researching Centerspace's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 82.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.43. Some equities with similar Price to Book (P/B) outperform the market in the long run. Centerspace last dividend was issued on the 27th of March 2024. The entity had 1:10 split on the 28th of December 2018.
To determine if Centerspace is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Centerspace's research are outlined below:
| Centerspace generated a negative expected return over the last 90 days | |
| Centerspace has 916.02 M in debt with debt to equity (D/E) ratio of 0.85, which is OK given its current industry classification. Centerspace has a current ratio of 0.43, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Centerspace to invest in growth at high rates of return. | |
| Centerspace has a strong financial position based on the latest SEC filings | |
| Over 82.0% of Centerspace shares are held by institutions such as insurance companies | |
| On 10th of October 2024 Centerspace paid $ 0.75 per share dividend to its current shareholders | |
| Latest headline from accesswire.com: TCS Named Best Corporate Steward by U.S. Chamber of Commerce Foundation for Its Impactful Global CSR Initiatives |
Centerspace Quarterly Good Will |
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Centerspace uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Centerspace. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Centerspace's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Centerspace's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Centerspace's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2012-06-29 | 2012-03-31 | 0.27 | 0.3 | 0.03 | 11 | ||
2021-11-01 | 2021-09-30 | -0.43 | -0.38 | 0.05 | 11 | ||
2020-08-03 | 2020-06-30 | -0.49 | -0.44 | 0.05 | 10 | ||
2015-09-09 | 2015-06-30 | 0.15 | 0.1 | -0.05 | 33 | ||
2012-03-13 | 2011-12-31 | 0.15 | 0.2 | 0.05 | 33 | ||
2010-09-09 | 2010-06-30 | 0.15 | 0.2 | 0.05 | 33 | ||
2024-07-29 | 2024-06-30 | -0.25 | -0.19 | 0.06 | 24 | ||
2019-05-08 | 2019-03-31 | -0.48 | -0.54 | -0.06 | 12 |
Know Centerspace's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Centerspace is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Centerspace backward and forwards among themselves. Centerspace's institutional investor refers to the entity that pools money to purchase Centerspace's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-09-30 | 179.6 K | Balyasny Asset Management Llc | 2024-09-30 | 161.6 K | Jpmorgan Chase & Co | 2024-06-30 | 153.9 K | Boothbay Fund Management, Llc | 2024-09-30 | 151.9 K | Bank Of New York Mellon Corp | 2024-06-30 | 139.2 K | Goldman Sachs Group Inc | 2024-06-30 | 131 K | Legal & General Group Plc | 2024-06-30 | 120.6 K | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 107.8 K | Westwood Holdings Group Inc | 2024-09-30 | 99.7 K | Blackrock Inc | 2024-06-30 | 2.7 M | Vanguard Group Inc | 2024-09-30 | 2.4 M |
Centerspace's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 975.34 M.Market Cap |
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Centerspace's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.05 | 0.03 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.06 | 0.06 |
Determining Centerspace's profitability involves analyzing its financial statements and using various financial metrics to determine if Centerspace is a good buy. For example, gross profit margin measures Centerspace's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Centerspace's profitability and make more informed investment decisions.
Evaluate Centerspace's management efficiency
As of 11/27/2024, Return On Tangible Assets is likely to drop to 0.02. In addition to that, Return On Capital Employed is likely to drop to 0.03. At this time, Centerspace's Non Currrent Assets Other are relatively stable compared to the past year. As of 11/27/2024, Debt To Assets is likely to grow to 0.64, while Non Current Assets Total are likely to drop slightly above 1.2 B. Centerspace's management efficiency ratios could be used to measure how well Centerspace manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 63.20 | 74.95 | |
| Tangible Book Value Per Share | 62.98 | 72.52 | |
| Enterprise Value Over EBITDA | 9.02 | 9.47 | |
| Price Book Value Ratio | 1.20 | 1.72 | |
| Enterprise Value Multiple | 9.02 | 9.47 | |
| Price Fair Value | 1.20 | 1.72 | |
| Enterprise Value | 979.4 M | 1 B |
Leadership at Centerspace emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Beta 0.942 |
Basic technical analysis of Centerspace Stock
As of the 27th of November, Centerspace shows the Mean Deviation of 1.09, risk adjusted performance of 0.0087, and Downside Deviation of 1.47. Centerspace technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Centerspace coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Centerspace is priced correctly, providing market reflects its regular price of 72.91 per share. Given that Centerspace has jensen alpha of (0.05), we suggest you to validate Centerspace's prevailing market performance to make sure the company can sustain itself at a future point.Centerspace's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Centerspace insiders, such as employees or executives, is commonly permitted as long as it does not rely on Centerspace's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Centerspace insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Centerspace's Outstanding Corporate Bonds
Centerspace issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Centerspace uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Centerspace bonds can be classified according to their maturity, which is the date when Centerspace has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Understand Centerspace's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Centerspace's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0087 | |||
| Market Risk Adjusted Performance | 0.0039 | |||
| Mean Deviation | 1.09 | |||
| Semi Deviation | 1.44 | |||
| Downside Deviation | 1.47 | |||
| Coefficient Of Variation | 18844.22 | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.04 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 6.91 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 2.56 | |||
| Downside Variance | 2.15 | |||
| Semi Variance | 2.07 | |||
| Expected Short fall | (1.10) | |||
| Skewness | (0.08) | |||
| Kurtosis | 0.5459 |
| Risk Adjusted Performance | 0.0087 | |||
| Market Risk Adjusted Performance | 0.0039 | |||
| Mean Deviation | 1.09 | |||
| Semi Deviation | 1.44 | |||
| Downside Deviation | 1.47 | |||
| Coefficient Of Variation | 18844.22 | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.04 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 6.91 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 2.56 | |||
| Downside Variance | 2.15 | |||
| Semi Variance | 2.07 | |||
| Expected Short fall | (1.10) | |||
| Skewness | (0.08) | |||
| Kurtosis | 0.5459 |
Consider Centerspace's intraday indicators
Centerspace intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Centerspace stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 8563.6 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 71.79 | |||
| Day Typical Price | 72.16 | |||
| Price Action Indicator | 0.93 | |||
| Period Momentum Indicator | (0.37) |
Centerspace Corporate Filings
8K | 15th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
10Q | 28th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 30th of September 2024 Other Reports | ViewVerify |
Centerspace Stock media impact
Far too much social signal, news, headlines, and media speculation about Centerspace that are available to investors today. That information is available publicly through Centerspace media outlets and privately through word of mouth or via Centerspace internal channels. However, regardless of the origin, that massive amount of Centerspace data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Centerspace news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Centerspace relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Centerspace's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Centerspace alpha.
Centerspace Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Centerspace can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Centerspace Corporate Management
| Nancy Andersen | VP Officer | Profile | |
| Grant Campbell | Senior Investments | Profile | |
| Joe McComish | Vice Relations | Profile | |
| Michael Dance | Independent Trustee | Profile | |
| Julie Letner | Senior Culture | Profile | |
| CFA CFA | Head Relations | Profile |
Additional Tools for Centerspace Stock Analysis
When running Centerspace's price analysis, check to measure Centerspace's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centerspace is operating at the current time. Most of Centerspace's value examination focuses on studying past and present price action to predict the probability of Centerspace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerspace's price. Additionally, you may evaluate how the addition of Centerspace to your portfolios can decrease your overall portfolio volatility.