Centerspace Trust (CSR)
NYSEReal EstateReit - ResidentialSnapshot 2026-11-04
$59.57+4.03%
Close 2026-11-04 · 1-day change
NYSEReal EstateReit - ResidentialSnapshot 2026-11-04
QuarterlyIQ Insights · CSR
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance recently climbed back into the top half of its industry — confirming the recovery.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -0.3% |
| Our one-year growth estimate | diamond | -2.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 1.8 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name operates in a high-miss-rate industry and has been missing across recent quarters. A fundamental tilt, not a price call.
Model as of 2026-11-04 · Compared with 10 industry peers · Company calendar date is not available
CSR — earnings miss
Dated 2026-11-02
and the earnings release furnished as Exhibit 99.1 under Item 9.01, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any Company filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such filing.
Why it matters: New lease rates fell 0.6% in Q2, while blended lease growth was 1.8%. Positive blended growth would show that renewal gains still offset weaker new leases.
Watch forQ3 same-store blended lease rate growth is above 0%.
Also watch forQ3 same-store blended lease rate growth is below 0%, or new lease growth worsens from Q2's -0.6%.
Why it matters: The sales are meant to cut debt and focus CSR on stronger markets. The August report says sales of 14 communities were completed, while the June plan targeted about $240-$245 million in 2026 sales.
Watch forCSR reports that the planned sales are complete and total 2026 sale proceeds reach at least $240 million.
Also watch forCSR reports a canceled or delayed sale, or 2026 sale proceeds below $240 million.
Why it matters: Q2 same-store NOI grew 0.3% year over year, but the full-year outlook allows a decline of up to 1%. The Q3 result will test that outlook.
Watch forCSR reports Q3 same-store NOI growth at or above -1% year over year and keeps its full-year range of -1% to 0%.
Also watch forCSR reports Q3 same-store NOI below -1% year over year or cuts its full-year range below -1%.
Why it matters: The June plan aimed to lower debt by $175-$190 million and bring net debt to EBITDA below 7x by Q4. The figures will show whether sale proceeds cut leverage as planned.
Watch forA company filing shows debt down by at least $175 million and annual net debt to EBITDA below 7x by Q4 2026.
Also watch forDebt falls by less than $175 million or Q4 annual net debt to EBITDA remains at or above 7x.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$90 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $226 loss on $10,000 · 2.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,395 loss on $10,000 · 23.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.