| Large Price Disconnects In REITs From Misapplied Perspective |
Real estate professionals' negative outlook on transaction volumes has led to a bearish sentiment on REITs, despite stable property values and NOI growth. Tariff uncertainty and fluctuating mortgage rates have reduced transaction activity, but real estate owners care about NOI and property value, not transaction volume. REIT stocks are trading at significant discounts, with the median REIT at 77.9% of NAV, presenting a unique investment opportunity. |
seekingalpha.com |
2025-05-05 20:21:20 |
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| Centerspace (CSR) Q1 2025 Earnings Call Transcript |
Centerspace (NYSE:CSR ) Q1 2025 Earnings Conference Call May 2, 2025 1:00 PM ET Company Participants Josh Klaetsch - Director, IR Anne Olson - President & CEO Bhairav Patel - CFO Grant Campbell - SVP, Investments & Capital Markets Conference Call Participants Brad Heffern - RBC Capital Markets Ami Probandt - UBS Jamie Feldman - Wells Fargo Rob Stevenson - Janney Alexander Goldfarb - Piper Sandler Mason Guell - Baird Operator Good afternoon and thank you for attending today's Centerspace First Quarter 2025 Earnings Call. My name is Jaslyn, and I will be your moderator today. |
seekingalpha.com |
2025-05-02 18:44:27 |
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| Centerspace (CSR) Matches Q1 FFO Estimates |
Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.21 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1.23 per share a year ago. |
zacks.com |
2025-05-01 23:06:08 |
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| Centerspace Reports First Quarter 2025 Financial & Operating Results and Reaffirms 2025 Core FFO per Share Guidance |
MINNEAPOLIS , May 1, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three months ended March 31, 2025. The tables below show Net Loss, Funds from Operations ("FFO")1, and Core FFO1, all on a per diluted share basis, for the three months ended March 31, 2025; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted Average Occupancy, Lease Rate Growth, and Resident Retention for each of the three months ended March 31, 2025, December 31, 2024, and March 31, 2024. |
prnewswire.com |
2025-05-01 20:45:00 |
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| Atos announces the appointment of Marie de Scorbiac as Head of Investor Relations and CSR |
Press Release |
globenewswire.com |
2025-04-28 08:00:00 |
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| 3 Bargain Buys Unfairly Sold Off With The Market |
The market's inefficiency during erratic price movements creates opportunities to invest in fundamentally sound stocks with lower multiples. Focus on companies with price drops due to multiple contractions, not those with declining earnings or growth. Market price is not a true barometer of value. |
seekingalpha.com |
2025-04-24 14:25:33 |
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| Disparate Property Supply In Tampa Creates Selective Opportunity |
Tampa's strong job and population growth make it a prime real estate location, but supply and demand dynamics are crucial for investment decisions. The high housing supply in Tampa has led to a temporary downturn in home prices, while limited retail space has driven up retail rents. Other property sectors have limited supply and much stronger outlooks within Tampa. |
seekingalpha.com |
2025-04-11 19:45:28 |
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| CENTERSPACE ANNOUNCES FIRST QUARTER 2025 EARNINGS RELEASE DATE |
MINNEAPOLIS , April 1, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) will release its operating results for the quarter ended March 31, 2025, after the market closes on Thursday, May 1, 2025. Management will host a conference call to discuss those results on Friday, May 2, 2025, at 1:00 p.m. |
prnewswire.com |
2025-04-01 20:30:00 |
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| 8 Upcoming Dividend Increases, Including A King |
Highlighting eight companies with upcoming dividend increases, four exceeding 10%, and an average increase of 11.4%, median at 9%. My investment strategy focuses on buying, holding, and expanding stakes in companies with consistent dividend growth and benchmark-beating performance. The list is curated using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, ensuring a minimum of five years of dividend growth. |
seekingalpha.com |
2025-03-24 19:06:45 |
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| CENTERSPACE ANNOUNCES CHANGE TO BOARD OF TRUSTEES |
MINNEAPOLIS , March 13, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that Jeff Caira, a member of the Company's Board of Trustees, will retire as a trustee, chair of the Nominating and Governance Committee and member of the Audit Committee effective upon the expiration of his annual term at the conclusion of the 2025 Annual Meeting of Shareholders to be held on May 14, 2025. "Jeff has provided consistent and invaluable leadership to the Company since his appointment in 2015," commented Board Chair John Schissel, "We greatly appreciate his contributions, and his guidance of Company's transition to pure-play multifamily has set the stage for excellence in operations and continued growth of the platform. |
prnewswire.com |
2025-03-13 18:30:00 |
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| Centerspace: Shares Remain Attractive Even As NOI Growth Moderates |
Centerspace is a residential REIT focused on apartment communities, primarily in Minnesota and Colorado. The company delivered a core FFO of $4.88/share in 2024, with a circa 2% increase forecast for 2025. NOI growth is set to moderate from 3.7% in 2024 to about 3.3% in 2025, although I estimate the underlying growth rate closer to 1.9%. |
seekingalpha.com |
2025-02-27 12:18:56 |
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| Bad Vibes, Positive Results |
US equity markets slumped this week - while benchmark interest rates tumbled to two-month lows - after downbeat economic data and cautious corporate commentary sparked concern over slowing economic growth. Compounded by some unsettling COVID-related headlines late in the week, investors adopted a more "risk off" position after consumer and business survey data picked up a sudden negative sentiment shift. After notching a pair of record-highs early in the week, a two-day tumble sent the S&P 500 lower by 1.6% on the week. Small-Caps and Mid-Caps both dipped over 3%. |
seekingalpha.com |
2025-02-23 11:00:00 |
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| Centerspace (CSR) Q4 2024 Earnings Call Transcript |
Centerspace (NYSE:CSR ) Q4 2024 Earnings Conference Call February 19, 2025 10:00 AM ET Company Participants Josh Klaetsch - Investor Relations Anne Olson - President and Chief Executive Officer Grant Campbell - Senior Vice President, Investments and Capital Markets Bhairav Patel - Chief Financial Officer Conference Call Participants Brad Heffern - RBC Capital John Kim - BMO Rob Stevenson - Janney Montgomery Rich Anderson - Wedbush Michael Gorman - BTIG Mason Guell - Baird Operator Hello, everyone, and welcome to the Centerspace Q4 2024 Earnings Call. My name is Ezra, and I will be your coordinator today. |
seekingalpha.com |
2025-02-20 03:04:05 |
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| Centerspace (CSR) Q4 FFO and Revenues Beat Estimates |
Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.21 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to FFO of $1.22 per share a year ago. |
zacks.com |
2025-02-18 20:56:09 |
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| Centerspace Announces Financial and Operating Results for the Year Ended December 31, 2024 and Provides 2025 Financial Outlook |
MINNEAPOLIS , Feb. 18, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the year ended December 31, 2024. The tables below show Net Income (Loss), Funds from Operations ("FFO")1, and Core FFO1, all on a per diluted share basis, for the year ended December 31, 2024; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted Average Occupancy, Lease Rate Growth, and Resident Retention for the three months ended December 31, 2024, September 30, 2024, and December 31, 2023 and the twelve months ended December 31, 2024 and 2023. |
prnewswire.com |
2025-02-18 18:30:00 |
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| CENTERSPACE ANNOUNCES FOURTH QUARTER 2024 EARNINGS RELEASE DATE |
MINNEAPOLIS , Jan. 27, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) will release its operating results for the quarter ended December 31, 2024, after the market closes on Tuesday, February 18, 2025. Management will host a conference call to discuss those results on the following day, Wednesday, February 19, 2025, at 10:00 a.m. |
prnewswire.com |
2025-01-27 18:30:00 |
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| CENTERSPACE ANNOUNCES 2024 DIVIDEND ALLOCATIONS |
MINNEAPOLIS , Jan. 23, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2024 distributions on its common and preferred shares of beneficial interest. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of their Centerspace distributions. |
prnewswire.com |
2025-01-23 18:30:00 |
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| Centerspace: Midwestern Apartments At A Discount |
Centerspace is a Midwest-focused apartment REIT trading at a discount to peers, with strong near-term AFFO/share growth prospects not priced in. CSR's clever acquisition strategy, including using OP units, allows for accretive purchases in growth markets, enhancing long-term performance. The Midwest's stable rental market and CSR's significant presence in Minneapolis and Denver contribute to its outperformance in same-store NOI growth. |
seekingalpha.com |
2025-01-21 13:52:41 |
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| Apartment Rents Are Too Low |
Apartment rental rates are significantly below equilibrium due to oversupply from zero interest rate policies, with rents expected to rise 10%-20% by 2027. Investment opportunities in apartment REITs are promising; current low valuations present a buying opportunity as equilibrium is restored and rents increase. Coastal, Midwestern, and Sunbelt apartment REITs, as well as Canadian REIT BSR, offer varied prospects based on regional supply/demand dynamics and management capabilities. |
seekingalpha.com |
2025-01-13 15:53:03 |
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| Sector Spotlight: Multifamily REITs - They Survived Until 2025! |
COVID-19 led to a migration to Sunbelt cities, causing a surge in apartment rents and subsequent overbuilding, which is now stabilizing. Multifamily REITs saw a decline in valuations but are now modestly valued with a P/AFFO multiple averaging 18.3x, higher than the broader REIT market. Despite suppressed rent growth and occupancy, strong job markets and reduced new supply suggest the potential for landlords to regain pricing power. |
seekingalpha.com |
2025-01-04 05:57:48 |
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| Centerspace: Attractively Valued Despite Signs Of Moderating Growth |
Centerspace manages 13,014 apartments with a focus on Minnesota, Colorado, and North Dakota. Q3 2024 per share results were impacted by a capital increase to fund the redemption of the Series C preferred shares. Only 4% of all debt is variable rate, indicating limited benefits from Fed rate cuts. |
seekingalpha.com |
2024-12-12 11:53:03 |
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| Property Type Round-Up From REITworld 2024 |
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior housing demand and limited new supply, despite valuation debates and management changes at Healthcare Realty. Multifamily and single-family rental sectors show regional variability, but long-term growth driven by demographic trends. |
seekingalpha.com |
2024-12-03 15:41:01 |
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| CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND |
MINNEAPOLIS , Dec. 2, 2024 /PRNewswire/ -- NYSE: CSR. Centerspace's Board of Trustees announced today that it has declared a regular quarterly distribution of $0.75 per share/unit, payable on January 13, 2025, to common shareholders and unitholders of record at the close of business on December 30, 2024. |
prnewswire.com |
2024-12-02 18:30:00 |
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| Centerspace (CSR) Q3 2024 Earnings Call Transcript |
Centerspace (NYSE:CSR ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Josh Klaetsch - IR Anne Olson - President and CEO Bhairav Patel - EVP and CFO Grant Campbell - SVP, Investments Conference Call Participants Brad Heffern - RBC Capital Markets John Kim - BMO Capital Markets Connor Mitchell - Piper Sandler Cooper Clark - Wells Fargo Rob Stevenson - Janney Michael Gorman - BTIG Mason Guell - Baird Operator Hello, everyone, and welcome to the Centerspace Q3 2024 Earnings Call. My name is Ezra, and I will be your coordinator today. |
seekingalpha.com |
2024-10-29 17:12:15 |
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| Centerspace (CSR) Q3 FFO Surpass Estimates |
Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.18 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to FFO of $1.20 per share a year ago. |
zacks.com |
2024-10-28 20:45:34 |
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| Centerspace Reports Third Quarter 2024 Financial Results and Raises Mid-Point for 2024 Core FFO per Share Guidance |
MINNEAPOLIS , Oct. 28, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and nine months ended September 30, 2024. The tables below show Net Income (Loss), Funds from Operations ("FFO")1, and Core FFO1, all on a per diluted share basis, for the three and nine months ended September 30, 2024; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; along with Same-Store Weighted-Average Occupancy and leasing rates for each of the three and applicable nine months ended September 30, 2024, June 30, 2024, and September 30, 2023. |
prnewswire.com |
2024-10-28 18:30:00 |
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| CSR or AMH: Which Is the Better Value Stock Right Now? |
Investors interested in REIT and Equity Trust - Residential stocks are likely familiar with Centerspace (CSR) and American Homes 4 Rent (AMH). But which of these two stocks offers value investors a better bang for their buck right now? |
zacks.com |
2024-10-14 16:41:10 |
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| Centerspace (CSR) Forms 'Hammer Chart Pattern': Time for Bottom Fishing? |
Centerspace (CSR) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term. |
zacks.com |
2024-10-09 14:56:29 |
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| CENTERSPACE ANNOUNCES THIRD QUARTER 2024 EARNINGS RELEASE DATE |
MINNEAPOLIS , Oct. 7, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) will release its operating results for the quarter ended September 30, 2024, after the market closes on Monday, October 28, 2024. Management will host a conference call to discuss those results on the following day, Tuesday, October 29, 2024, at 10:00 a.m. |
prnewswire.com |
2024-10-07 20:30:00 |
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| CENTERSPACE EXPANDS PRESENCE IN DENVER MARKET & PROVIDES UPDATE ON THIRD QUARTER 2024 BALANCE SHEET ACTIVITY |
MINNEAPOLIS , Oct. 2, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced that on October 1, 2024, it closed on the acquisition of The Lydian in Denver, CO, for total consideration of $54 million. Centerspace also announced the completed redemption of all outstanding 6.625% Series C Cumulative Redeemable Preferred Shares on September 30, 2024. |
prnewswire.com |
2024-10-02 20:30:00 |
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| EXPRESS FC Announces SEMABET Uganda as Official Kit Sponsor for the 2024/25 Season |
In a landmark development for Ugandan football, EXPRESS FC has proudly unveiled SEMABET Uganda as the official kit sponsor for the 2024/25 Uganda Premier League season. This strategic partnership, falls under SEMABET’s Corporate Social Responsibility (CSR) initiative, initially set for one year with an option for renewal, marks a significant boost for the club […] The post EXPRESS FC Announces SEMABET Uganda as Official Kit Sponsor for the 2024/25 Season first appeared on Watchdog Uganda... |
watchdoguganda.com |
2024-09-13 12:05:38 |
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| The September Swoon |
U.S. equity markets posted their worst week since March 2023 while benchmark interest rates tumbled to eighteen-month lows after employment data indicated a further cooling in economic momentum. Among several disappointing reports, BLS Nonfarm Payrolls data showed that the U.S. economy added just 142k jobs in August, while prior months were again revised sharply lower. Snapping a four-week winning streak that lifted the major benchmark to the cusp of record highs, the S&P 500 tumbled 4.1% this week. Technology stocks dragged on the downside. |
seekingalpha.com |
2024-09-08 13:00:00 |
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| Centerspace: One Of The Cheapest Multifamily REITs |
Centerspace focuses on residential properties in Minnesota and Colorado. Its portfolio should benefit from stable population growth and lower unemployment rates in key markets. With manageable leverage, adequate liquidity, and a well-structured debt maturity profile, Centerspace faces minimal solvency risk and offers an attractive forward AFFO yield. |
seekingalpha.com |
2024-09-06 04:03:48 |
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| CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND, REDEMPTION OF SERIES C PREFERRED SHARES AND SHARE ISSUANCE UPDATE |
MINNEAPOLIS , Sept. 3, 2024 /PRNewswire/ -- (NYSE: CSR) Centerspace's (the "Company") Board of Trustees announced today that it has declared a regular quarterly distribution of $0.75 per share/unit, payable on October 10, 2024, to common shareholders and unitholders of record at the close of business on September 30, 2024. |
prnewswire.com |
2024-09-03 20:30:00 |
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| Supporting Digital Skills Development: Beeline Kazakhstan Adds New Secondary School to Award-Winning CSR Programme |
Amsterdam and Almaty, 2 September 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides connectivity and online services (“VEON” or the “Company”), announces that its digital operator Beeline Kazakhstan, through its Corporate Foundation Zhyly Zhurek, is supporting digital skills development in Kazakhstan with the inauguration of a newly-constructed secondary school with high-end technology facilities. |
globenewswire.com |
2024-09-02 08:00:00 |
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| Centerspace: Increased 2024 Outlook As Occupancy Recovers |
Centerspace is a residential REIT focused primarily on Minnesota, Colorado, and North Dakota. The REIT has significantly outperformed the Vanguard Real Estate Index Fund ETF in 2024, delivering a 32% total return. While the stock price rally has reduced the company's sensitivity to Fed rate cuts, it remains attractively valued relative to peers such as Independence Realty Trust. |
seekingalpha.com |
2024-08-30 20:55:02 |
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| CENTERSPACE ANNOUNCES FIFTH ANNUAL ENVIRONMENTAL, SOCIAL, AND GOVERNANCE REPORT |
MINNEAPOLIS , Aug. 20, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) published its 2024 Environmental, Social, and Governance (ESG) Report, highlighting the company's commitment to sustainable business practices in the multifamily industry. This is the Company's fifth annual report following its 2019 formation of an Environmental, Social, and Governance Committee established to lead identification, implementation, and tracking the progress of various sustainability initiatives. |
prnewswire.com |
2024-08-20 20:15:00 |
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| Behind The Curve |
U.S. equity markets tumbled in a volatile week, while benchmark interest rates plunged by the most since December 2008 after employment data showed decisive evidence of weakening labor market conditions. Volatility was amplified by a confluence of central bank policy decisions, a hit-and-miss slate of corporate earnings results, an intensification of geopolitical risks, and a re-pricing of domestic political expectations. Among several weak employment reports, the critical nonfarm payrolls report showed that the unemployment rate jumped to the highest level since 2021 in July, and the report was even weaker under-the-surface. |
seekingalpha.com |
2024-08-04 13:00:00 |
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| MasterBrand Releases Annual Corporate Sustainability and Responsibility (CSR) Report |
BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today released the Company's annual Corporate Sustainability and Responsibility (CSR) Report. This report marks the second year the Company provided an overview of MasterBrand's progress in many areas of sustainability and responsibility, including stewardship of its resources, the well-being of associates and an industry-leading corpor. |
businesswire.com |
2024-08-01 20:05:00 |
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