
Centerspace REIT (CSR) Stock Forecast & Price Target
Centerspace REIT (CSR) Analyst Ratings
Bulls say
Centerspace (CSR) has demonstrated a robust operational performance, evidenced by an increase in average rental rates from $980 per month in 2017 to $1,577 per month currently. The company has outpaced the broader US REIT industry with a total return of nearly 24% in 2024, supported by stable revenue growth of approximately 3% and a blended rent spread of 1.5%. Additionally, CSR has shown confidence in its future growth by raising its normalized Funds From Operations (FFO) guidance by $0.06 throughout 2024, reflecting an optimistic outlook.
Bears say
Center's stock faces a negative outlook primarily due to slowing rent growth, with occupancy-focused strategies becoming prevalent during the slow leasing months of 4Q24 and 1Q25, which has led to flat blended rent rate growth. The company currently trades at a significant discount to both its multifamily peer group and the broader US REIT average, indicating concerns about its valuation and overall market position. Additionally, the lack of balance sheet flexibility poses a risk to the company's ability to finance its growth transformation effectively, further contributing to investor skepticism regarding its future performance.
This aggregate rating is based on analysts' research of Centerspace REIT and is not a guaranteed prediction by Public.com or investment advice.
Centerspace REIT (CSR) Analyst Forecast & Price Prediction
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