Fiber Cement Market Outlook Report 2025-2030, with Competitor Profiles for James Hardie Industries, Etex Group, Nichiha, CSR, Gyproc, Everest Industries, Swisspearl, Shera, and Ramco Industries
- The fiber cement market, valued at $14.437B in 2025, is set to grow at a 4.28% CAGR, reaching $17.807B by 2030. Driven by rising construction, eco-friendly demand, and government regulations, the Asia Pacific region leads growth. Key players include James Hardie, Etex, and Nichiha. The fiber cement market, valued at $14.437B in 2025, is set to grow at a 4.28% CAGR, reaching $17.807B by 2030. Driven by rising construction, eco-friendly demand, and government regulations, the Asia Pacific region leads growth. Key players include James Hardie, Etex, and Nichiha.
- 07/03/2025
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Equity REITs: Takeaways From REITWeek 2025
- REITs are positioned for accelerating earnings growth in 2026-2027, with management teams expressing increased optimism despite ongoing macro uncertainties. Key investment themes include AI-driven data centers, senior housing benefiting from demographic trends, and residential REITs capitalizing on the housing shortage. REITs offer resilient cash flows, potential dividend growth, and superior capital access, making them attractive relative to other asset classes in the current environment.
- 07/02/2025
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The Bulls Are Back
- U.S. equity markets surged to fresh record-highs as investors cheered a confluence of positive headlines: a temporary ceasefire in the Middle East, productive trade talks, and progress on tax cuts. Oil prices tumbled after the U.S. destroyed a trio of Iranian nuclear facilities in a formidable and decisive show of force, eliciting a ceasefire between Israel and Iran. Traders priced in additional rate cuts as tumbling oil prices and economic data that remains devoid of meaningful inflation prompted dovish dissents from several Fed officials.
- 06/29/2025
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MasterBrand Releases Third 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 is the third year the Company has provided an overview of MasterBrand's progress in many areas of sustainability and responsibility, including resource stewardship, associate wellbeing and corporate governance structure. “As an industry le.
- 06/17/2025
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A Slow Slowdown
- US equity markets rallied to their highest levels since February after a critical slate of employment data showed lukewarm labor market conditions in May, with only minimal tariff-related impacts. Benchmark interest rates jumped to near-four-month highs as hotter-than-expected wage growth metrics fueled doubts on the prospects for meaningful Federal Reserve easing this year. Meanwhile, investors weighed questions about the fate of the "Big Beautiful Bill" amid fierce challenges from Elon Musk, alongside signs of thawing in the tariff stalemate with China.
- 06/08/2025
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CENTERSPACE ANNOUNCES ENTRANCE INTO THE SALT LAKE CITY MARKET, PLANNED PORTFOLIO TRANSACTIONS, AND QUARTERLY DIVIDEND
- MINNEAPOLIS , June 2, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) (the "Company") announced that on May 30, 2025, it closed on the acquisition of its first community in Salt Lake City, UT, for $149 million. Centerspace has also signed an agreement to acquire a community in Fort Collins, CO, with closing anticipated in mid-June.
- 06/02/2025
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Centerspace: Operating Momentum Improves As Shares Underperform (Rating Upgrade)
- Centerspace is a residential REIT managing 13,012 apartments, primarily in Minneapolis, Denver, and North Dakota. Q1 2025 and April 2025 leasing spreads point to a strong improvement relative to Q4 2024. Even so, Core FFO growth remains muted due to past share issuance and higher property taxes.
- 05/23/2025
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When Your REIT Will Cut Its Dividend
- When Your REIT Will Cut Its Dividend
- 05/19/2025
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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.
- 05/05/2025
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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.
- 05/02/2025
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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.
- 05/01/2025
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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.
- 05/01/2025
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Atos announces the appointment of Marie de Scorbiac as Head of Investor Relations and CSR
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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.
- 04/24/2025
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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.
- 04/11/2025
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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.
- 04/01/2025
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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.
- 03/24/2025
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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.
- 03/13/2025
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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%.
- 02/27/2025
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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%.
- 02/23/2025
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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.
- 02/20/2025
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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.
- 02/18/2025
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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.
- 02/18/2025
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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.
- 01/27/2025
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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.
- 01/23/2025
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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.
- 01/21/2025
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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.
- 01/13/2025
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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.
- 01/04/2025
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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.
- 12/12/2024
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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.
- 12/03/2024
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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.
- 12/02/2024
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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.
- 10/29/2024
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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.
- 10/28/2024
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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.
- 10/28/2024
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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?
- 10/14/2024
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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.
- 10/09/2024
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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.
- 10/07/2024
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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.
- 10/02/2024
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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...
- 09/13/2024
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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.
- 09/08/2024
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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.
- 09/06/2024
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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.
- 09/03/2024
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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.
- 09/02/2024
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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.
- 08/30/2024
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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.
- 08/20/2024
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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.
- 08/04/2024
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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.
- 08/01/2024
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Centerspace (CSR) Q2 2024 Earnings Call Transcript
- Centerspace (NYSE:CSR ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Josh Klaetsch - Investor Relations Anne Olson - President and Chief Executive Officer Bhairav Patel - Executive Vice President and Chief Financial Officer Grant Campbell - Senior Vice President, Investments Conference Call Participants Brad Heffern - RBC Capital Markets Rob Stevenson - Janney Connor Mitchell - Piper Sandler John Kim - BMO Capital Markets Mason Guell - Baird Operator Good morning and welcome to Centerspace Quarter Two 2024 Earnings Call. My name is Kiki and I will be your conference call operator today.
- 07/30/2024
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Centerspace (CSR) Surpasses Q2 FFO Estimates
- Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.27 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to FFO of $1.28 per share a year ago.
- 07/29/2024
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Centerspace Reports Second Quarter 2024 Financial Results and Raises Mid-Point for 2024 Core FFO per Share Guidance
- MINNEAPOLIS , July 29, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and six months ended June 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 six months ended June 30, 2024; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted-Average Occupancy for each of the three months ended June 30, 2024, March 31, 2024, and June 30, 2023.
- 07/29/2024
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New Report on CSR Industry Trends Shows Shifts in Corporate Social Impact Practices
- The Past Year Saw a Significant Increase in In-Person Volunteering, Upward Trend in Giving to International Organizations CHARLESTON, S.C. , July 24, 2024 /PRNewswire/ -- The Blackbaud Institute, a research lab at Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today released a new spotlight brief sharing insights from the company's annual Corporate Social Responsibility (CSR) Industry Review, which analyzes CSR program data and employees' philanthropic engagement.
- 07/24/2024
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Apartment Fundamental Outlook Improved As Supply Wanes
- Apartment REITs have beaten 1Q24 earnings despite a massive new supply wave hitting the sector in 2024 and early 2025. Demand drivers such as strong employment, low savings rate, high cost of houses, and high cost of construction have kept occupancy high despite the supply. Supply growth is dropping in mid-to-late 2025, making investments in the apartment sector appealing for long-term growth potential.
- 07/11/2024
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CENTERSPACE APPOINTS JAY ROSENBERG TO BOARD OF TRUSTEES
- MINNEAPOLIS , July 9, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the appointment of Jay Rosenberg to its Board of Trustees on July 8, 2024. Mr. Rosenberg will also serve on Centerspace's Nominating and Corporate Governance Committee.
- 07/09/2024
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CENTERSPACE ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE DATE
- MINNEAPOLIS , July 3, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) will release its operating results for the quarter ended June 30, 2024, after the market closes on Monday, July 29, 2024. Management will host a conference call to discuss those results on the following day, Tuesday, July 30, 2024, at 10:00 a.m.
- 07/03/2024
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Equity REITs: Takeaways From REITWeek 2024
- Overall positive outlook for REIT industry with decline in development activity, potential for increased transaction market activity, and well-capitalized REITs poised for growth. Key themes from REITWeek conference: improving transaction market, challenges with development projects, optimism driven by stable-to-improving fundamentals. Actionable ideas from meetings include investing in data centers, cell towers, triple net properties, multifamily, SFR, MH/RV, self-storage, healthcare, industrial, and office sectors.
- 07/02/2024
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CENTERSPACE ANNOUNCES QUARTERLY DIVIDEND
- MINNEAPOLIS , June 3, 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 July 10, 2024, to common shareholders and unitholders of record at the close of business on June 28, 2024.
- 06/03/2024
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Centerspace: Attractive Valuation Despite The Risks
- Centerspace is a residential REIT with interests in 70 apartment communities, primarily in Minnesota, Colorado and North Dakota. Occupancy is at 94.6%, down 0.3% Y/Y, indicating some distress as the company raises rents. NOI was up 7.5% Y/Y in Q1 2024, with a 3.3% increase expected for the full year as the REIT catches up with expense spending.
- 06/02/2024
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3 Residential Stocks to Buy as the Housing Sector Recovers
- M/I Homes (MHO), KB Home (KBH) and Centerspace (CSR) are three residential stocks that you can look into as the housing sector stays on a recovery path.
- 05/27/2024
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Elior Delivers an Outstanding First-Half Performance
- PARIS LA DÉFENSE--(BUSINESS WIRE)--Regulatory News: Today, Elior Group (Paris:ELIOR) (Euronext Paris – ISIN: FR 0011950732), a world leader in catering and multiservices, is releasing its unaudited results for the first half of the 2023-2024 fiscal year (six months ended March 31, 2024). Initial benefits from our strategy implemented since April 2023 A more agile and efficient Group A return to profitability and growth momentum back on track Robust business development, led by strong customer r.
- 05/16/2024
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The Labor Downshift
- U.S. equity markets advanced for a second week while benchmark interest rates retreated from five-month highs after a critical slate of employment data showed a long-awaited cooldown in hiring trends. Foreshadowed by "dovish" remarks from Fed Chair Powell at the FOMC's policy meeting, payrolls data showed that job growth slowed to six-month lows while wage growth cooled to three-year lows. Following its best week since November, the S&P 500 advanced 0.6%, while bonds caught a bid this week across the yield and maturity curve.
- 05/05/2024
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Billionaire Investors Say 'Buy REITs'
- Blackstone has been on a REIT buying spree. Its leaders are self-made billionaires, and they talk highly about REITs. This is not surprising given that they are trading at their lowest valuations in over a decade.
- 05/04/2024
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Centerspace (CSR) Beats Q1 FFO Estimates
- Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.23 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to FFO of $1.07 per share a year ago.
- 04/29/2024
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Centerspace Reports First Quarter 2024 Financial Results and Raises Mid-Point for 2024 Core FFO per Share Guidance
- MINNEAPOLIS , April 29, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three months ended March 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 three months ended March 31, 2024; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted-Average Occupancy for each of the three months ended March 31, 2024, December 31, 2023, and March 31, 2023.
- 04/29/2024
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Sticky Inflation a Boon for These Top 3 REITs
- Amid inflationary pressure, one should consider investing in REITs such as Centerspace (CSR), Ellington Residential Mortgage REIT (EARN) and Iron Mountain (IRM).
- 04/17/2024
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CSR vs. ESS: Which Stock Is the Better Value Option?
- Investors interested in REIT and Equity Trust - Residential stocks are likely familiar with Centerspace (CSR) and Essex Property Trust (ESS). But which of these two stocks is more attractive to value investors?
- 04/15/2024
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CENTERSPACE ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE DATE
- MINNEAPOLIS , April 8, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) will release its operating results for the quarter ended March 31, 2024, after the market closes on Monday, April 29, 2024. Management will host a conference call to discuss those results on the following day, Tuesday, April 30, 2024, at 10:00 a.m.
- 04/08/2024
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3 Residential REITs to Consider Despite Industry Challenges
- Despite the elevated supply of new units, high homeownership costs and tech-enabled features are likely to draw healthy rental demand, poising the Zacks Equity REIT - Residential industry players like INVH, UMH and CSR well for growth.
- 04/04/2024
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Progress Releases Corporate Social Responsibility Report
- Fifth annual report underscores company’s unwavering commitment to inclusion and diversity, charitable giving and sustainability BURLINGTON, Mass., March 28, 2024 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, announced the release of its fifth annual Corporate Social Responsibility (CSR) report today. This year’s report touches on initiatives to promote an inclusive … The post Progress Releases Corporate Social Responsibility Report appeared first o...
- 03/31/2024
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CSR vs. AMH: Which Stock Should Value Investors Buy Now?
- Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of Centerspace (CSR) and American Homes 4 Rent (AMH). But which of these two stocks is more attractive to value investors?
- 03/28/2024
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NXP Publishes Annual Corporate Sustainability Report,
- EINDHOVEN, The Netherlands, March 19, 2024 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) has published its annual Corporate Sustainability Report (CSR), reinforcing its commitment toward transparency and sustainable business practices. Detailing NXP’s overall Environmental, Social and Governance (ESG) strategy and guiding principles, the report highlights the company’s year-on-year progress in reaching its mid-term and … The post NXP Publishes Annual Corporate Sustainability Report,...
- 03/19/2024
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All You Need to Know About Centerspace (CSR) Rating Upgrade to Buy
- Centerspace (CSR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 03/12/2024
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CSR or ESS: Which Is the Better Value Stock Right Now?
- Investors with an interest in REIT and Equity Trust - Residential stocks have likely encountered both Centerspace (CSR) and Essex Property Trust (ESS). But which of these two stocks is more attractive to value investors?
- 03/12/2024
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Centerspace (CSR) Q4 2023 Earnings Call Transcript
- Centerspace (CSR) Q4 2023 Earnings Call Transcript
- 02/21/2024
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Saint Gobain in talks to buy Australia's CSR, Bloomberg reports
- French construction materials group Saint-Gobain is in initial talks to acquire Australian building materials firm CSR Ltd , Bloomberg News reported on Wednesday.
- 02/21/2024
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Centerspace (CSR) Q4 FFO Top Estimates
- Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.22 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to FFO of $1.17 per share a year ago.
- 02/20/2024
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Centerspace Announces Financial and Operating Results for the Year Ended December 31, 2023, Provides 2024 Financial Outlook and Dividend Increase
- MINNEAPOLIS , Feb. 20, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the year ended December 31, 2023. 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, 2023; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted Average Occupancy for the three months ended December 31, 2023, September 30, 2023, and December 31, 2022 and the twelve months ended December 31, 2023 and 2022.
- 02/20/2024
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Centerspace: A Value Buy In The Multifamily Space
- Centerspace has underperformed the S&P 500 and Vanguard Real Estate ETF over the past year but deserves more credit. CSR has made progress in portfolio transformation and optimizing its properties for better operating efficiencies. The company has shown steady growth in rent and same-store NOI and offers an appealing and well-covered dividend, leaving plenty of room for further deleveraging.
- 01/27/2024
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CENTERSPACE APPOINTS OLA OYINSAN HIXON TO BOARD OF TRUSTEES
- MINNEAPOLIS , Jan. 25, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the appointment of Ola Oyinsan Hixon to its Board of Trustees on January 23, 2024. "We are very excited to welcome Ola as a Trustee," said Centerspace President and CEO Anne Olson.
- 01/25/2024
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CENTERSPACE ANNOUNCES 2023 DIVIDEND ALLOCATIONS
- MINNEAPOLIS , Jan. 24, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2023 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.
- 01/24/2024
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CENTERSPACE ANNOUNCES FOURTH QUARTER 2023 EARNINGS RELEASE DATE
- MINNEAPOLIS , Jan. 18, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) will release its operating results for the year ended December 31, 2023, after the market closes on Tuesday, February 20, 2024. Management will host a conference call to discuss those results on the following day, Wednesday, February 21, 2024, at 10:00 a.m.
- 01/18/2024
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5 Value Stocks With Impressive EV-to-EBITDA Ratios to Snap Up
- We have screened value stocks JAKK, JKS, CNC, ADT and CSR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
- 12/12/2023
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CSR vs. AMH: Which Stock Is the Better Value Option?
- Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of 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?
- 12/11/2023
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4 Low Price-to-Sales Stocks to Win in the Current Market
- The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like JAKK, BKH, BBSI and CSR hold promise.
- 12/11/2023
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Property Type Round-Up From REITWorld
- REITWorld conference in Los Angeles featured 29 meetings, including exclusive sessions with REIT CEOs and CFOs, and property tours. Common themes discussed included cautious optimism on 2024 fundamentals, distressed opportunities, and challenges in the market. Actionable ideas and key takeaways were gathered from the meetings, covering various sectors such as shopping centers, healthcare, multifamily, self-storage, industrial, office, and life science.
- 12/05/2023
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5 Valuable Low Price-to-Sales Stocks With Potential to Grow
- The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like BTU, TXT, PBF, TITN and CSR hold promise.
- 11/27/2023
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A November To Remember
- U.S. equity markets continued their November rally into the Thanksgiving week, while benchmark interest rates held steady around two-month lows as investors weighed easing geopolitical tensions alongside mixed economic data. Gaining for a fourth straight week since dipping into "correction territory" at the end of October, the S&P 500 gained another 1.0% this week, while the tech-heavy Nasdaq 100 advanced 0.9%. Following a nearly 5% surge in the prior week, real estate equities also finished modestly higher this week. The Equity REIT Index advanced another 0.8%, but Mortgage REITs slipped 0.2%.
- 11/26/2023
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CSR or AMH: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of Centerspace (CSR) and American Homes 4 Rent (AMH). But which of these two stocks presents investors with the better value opportunity right now?
- 11/08/2023
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Centerspace: Viewed Neutrally Despite Positive Developments And Forward Guidance
- Multifamily operator, Centerspace, raised the midpoint of full-year core FFO and announced an entry into a new MSA, Fort Collins, Colorado. The entry into Fort Collins provides an attractive opportunity for CSR to attract new tenants into their properties. Slowing rental rate growth, however, may offset some of this benefit.
- 11/06/2023
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Centerspace (CSR) Q3 FFO Top Estimates
- Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.20 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to FFO of $1.15 per share a year ago.
- 10/30/2023
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CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE THIRD QUARTER OF 2023
- MINNEAPOLIS , Oct. 10, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) will release its operating results for the quarter ended September 30, 2023, after the market closes on Monday, October 30, 2023. Management will host a conference call to discuss those results on the following day, Tuesday, October 31, 2023 at 10:00 a.m.
- 10/10/2023
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3 Top Inflation-Beating REITs You'll Regret Not Buying Soon
- Amid inflationary pressure, one should consider investing in REITs such as Invitation Home (INVH), American Homes 4 Rent (AMH) and Centerspace (CSR).
- 09/14/2023
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After a Sour August, Expect a Weak September: 5 Safe Picks
- Amid a dreary September, investors must buy stocks such as Centerspace (CSR), Magellan Midstream Partners (MMP), Invitation Home (INVH), Trinity Capital (TRIN) and Runway Growth Finance (RWAY) for a steady income.
- 09/01/2023
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Bet On These 3 Residential REITs as the Industry Looks Radiant
- The Zacks Equity REIT - Residential industry constituents are poised to benefit from the healthy demand amid the high cost of homeownership and a focus on technology, aiding Invitation Homes Inc. (INVH), American Homes 4 Rent (AMH) and Centerspace (CSR).
- 08/30/2023
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Best Income Stocks to Buy for August 25th
- NTB, CSR and AKZOY made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 25, 2023.
- 08/25/2023
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Centerspace: Improving Debt Position, Shares Fairly Valued
- Midwestern and Mountain state multifamily operator, Centerspace, reported strong Q2 results that included positive revisions to full-year guidance. The company has also made significant progress in lowering their overall debt load. The increased flexibility is providing CSR with the ability to redirect capital to other priorities, such as acquisitions and value-add type renovations.
- 08/09/2023
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Centerspace (CSR) Q2 FFO Beat Estimates
- Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.28 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to FFO of $1.12 per share a year ago.
- 07/31/2023
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CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE SECOND QUARTER OF 2023
- MINNEAPOLIS , July 12, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the quarter ended June 30, 2023, after the market closes on July 31, 2023. Conference Call: Management will host a conference call to discuss those results on the following day, Tuesday, August 1, 2023, at 10:00 a.m.
- 07/12/2023
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Centerspace: Rental Growth Will Fuel Growth In 2023 And Beyond
- Centerspace demonstrates strong Q1 2023 performance with a focus on key areas like Minneapolis and Denver, resulting in a 9% YoY core FFO increase and a 10.5% rise in same-store revenue. Despite leadership changes and economic challenges, the company signals potential growth and financial stability, guided by strategic diversification and effective cost controls. The stock price decline during the first quarter makes the company an attractive choice for REIT income investors, with a stable dividend and attractive valuation.
- 05/30/2023
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Winners Of REIT Earnings Season
- You wouldn't know it by reading the mainstream financial press, but there's more to commercial real estate than office buildings. Obscured by office pain, REITs delivered surprisingly strong first quarter results. Of the 83 equity REITs that provide full-year Funds from Operations ("FFO") guidance, 37 (44%) raised their full-year earnings outlook, while 5 (6%) lowered guidance.
- 05/09/2023
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Centerspace (CSR) Q1 FFO Meet Estimates
- Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.07 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.98 per share a year ago.
- 05/01/2023
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CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE FIRST QUARTER OF 2023
- MINNEAPOLIS , April 12, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the quarter ended March 31, 2023, after the market closes on May 1, 2023.
- 04/12/2023
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Fed Fights 'Ghost Of Inflation Past'
- U.S. equity markets oscillated forcefully while interest rates plunged this week as contagion from a pair of mid-sized bank collapses spread to other lenders while authorities scrambled to contain the fallout. On brand with the "March Madness" theme this week, the S&P 500 seesawed between gains and losses in each session but ultimately ended the week higher by 1.1%.
- 03/19/2023
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Centerspace: Weighed Down By A Higher Interest Burden
- Centerspace owns a portfolio of multifamily apartment communities, located primarily in the Midwestern and Mountain regions of the U.S. The company ended 2022 with occupancy gains, strong same-store performance, and earnings growth.
- 02/27/2023
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Inflation Remains A Problem
- U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-of-five weekly gains to start the year - the S&P 500 dipped 2.7% while the Nasdaq declined over 3%.
- 02/26/2023
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Apartment REITs: Tracking For Soft Landing
- Apartment REITs were the second-worst-performing property sector in 2022 - barely outperforming the troubled office sector - despite delivering a record year of operating performance highlighted by 20% FFO growth. Following two years of historic rent growth, there is little doubt that growth will moderate over the coming quarters. Market consensus sees a "hard landing" with rising vacancies and declining rents.
- 02/23/2023
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Centerspace (CSR) Q4 2022 Earnings Call Transcript
- Centerspace (NYSE:CSR ) Q4 2022 Earnings Conference Call February 22, 2023 10:00 AM ET Company Participants Joe McComish - VP, Finance Mark Decker - CEO Anne Olson - COO Bhairav Patel - CFO Conference Call Participants Brad Heffern - RBC Capital Markets John Kim - BMO Capital Markets Alexander Goldfarb - Piper Sandler Rob Stevenson - Janney Wes Golladay - Baird Operator Hello, everyone, and welcome to the Centerspace Fourth Quarter 2022 Earnings Call. My name is Daisy, and I'll be coordinating the call today.
- 02/22/2023
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Centerspace (CSR) Q4 FFO and Revenues Beat Estimates
- Centerspace (CSR) delivered FFO and revenue surprises of 0.86% and 0.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/21/2023
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CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE YEAR ENDED DECEMBER 31, 2022
- MINNEAPOLIS , Jan. 31, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the year ended December 31, 2022, after the market closes on February 21, 2023. Conference Call: Management will host a conference call to discuss those results on the following day, Wednesday, February 22, 2023, at 10:00 a.m.
- 02/01/2023
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Centerspace: Active Market Participants At The Wrong Time
- Centerspace is a multifamily REIT that has an interest in a portfolio of apartment communities located in the Midwest and Mountain West regions of the U.S. The company has benefitted from a record year in the rental housing business. Growth, however, appears to be moderating.
- 11/02/2022
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Centerspace (CSR) Q3 2022 Earnings Call Transcript
- Centerspace (NYSE:CSR ) Q3 2022 Earnings Conference Call November 1, 2022 10:00 AM ET Company Participants Joe McComish - VP, Finance Mark Decker - CEO Anne Olson - COO Bhairav Patel - CFO Conference Call Participants Brad Heffern - RBC Capital Markets Rob Stevenson - Janney Montgomery Connor Mitchell - Piper Sandler Wes Golladay - Baird Buck Horne - Raymond James Brad Heffern - RBC Capital Markets Operator Hello, and welcome to the Centerspace Q3 2022 Earnings Call. My name is Lauren, and I will be coordinating your call today.
- 11/01/2022
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Centerspace (CSR) Q3 FFO Miss Estimates
- Centerspace (CSR) delivered FFO and revenue surprises of -1.71% and 1.14%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/31/2022
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CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE THIRD QUARTER OF 2022
- MINNEAPOLIS , Oct. 12, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the quarter ended September 30, 2022, after the market closes on October 31, 2022. Conference Call: Management will host a conference call to discuss those results on the following day, Tuesday, November 1, 2022, at 10:00 a.m.
- 10/12/2022
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Down 12.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Centerspace (CSR)
- Centerspace (CSR) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
- 08/31/2022
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Centerspace: The Mountains Are Calling This Multifamily REIT
- Centerspace is a multifamily-focused REIT that has a strong operating presence in the Midwestern and Mountain regions of the United States. Their operating markets have benefited from the relative affordability of their properties and the employment trends of their tenant base.
- 08/23/2022
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Centerspace (CSR) CEO Mark Decker on Q2 2022 Results - Earnings Call Transcript
- Centerspace (NYSE:CSR ) Q2 2022 Earnings Conference Call August 2, 2022 10:00 AM ET Company Participants Joe McComish - VP, Finance Mark Decker - CEO Bhairav Patel - CFO Anne Olson - COO Conference Call Participants John Kim - BMO Brad Heffern - RBC Capital Markets Rob Stevenson - Janney Connor Mitchell - Piper Sandler Buck Horne - Raymond James Wes Golladay - Baird Operator Good morning and welcome to today's Centerspace Second Quarter Earnings Call. My name is Candice and I'll be your moderator for today's call.
- 08/02/2022
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Centerspace (CSR) Q2 FFO and Revenues Top Estimates
- Centerspace (CSR) delivered FFO and revenue surprises of 1.82% and 1.39%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/01/2022
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CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE SECOND QUARTER OF 2022
- MINNEAPOLIS , July 13, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the quarter ended June 30, 2022, after the market closes on August 1, 2022. Conference Call: Management will host a conference call to discuss those results on the following day, Tuesday, August 2, 2022, at 10:00 a.m.
- 07/13/2022
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Centerspace's (CSR) CEO Mark Decker on Q1 2022 Results - Earnings Call Transcript
- Centerspace (NYSE:CSR ) Q1 2022 Earnings Conference Call May 3, 2022 10:00 AM ET Company Participants Emily Miller - Investor Relations Mark Decker - Chief Executive Officer Bhairav Patel - Chief Financial Officer Conference Call Participants Brad Heffern - RBC Capital Markets Buck Horne - Raymond James Connor Mitchell - Piper Sandler Rob Stevenson - Janney Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear.
- 05/03/2022
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Centerspace (CSR) Misses Q1 FFO Estimates
- Centerspace (CSR) delivered FFO and revenue surprises of -7.55% and 2.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/02/2022
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Strength Seen in Centerspace (CSR): Can Its 3.4% Jump Turn into More Strength?
- Centerspace (CSR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
- 04/04/2022
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Centerspace: Multifamily Opportunity In Minneapolis? Really? Really.
- A transition from diversified real estate to Midwest multifamily real estate is now complete.
- 03/31/2022
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Why Centerspace (CSR) Stock Might be a Great Pick
- Centerspace (CSR) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.
- 03/23/2022
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Centerspace (CSR) Mark Decker on Q4 2021 Earnings Call Transcript
- Centerspace (CSR) Mark Decker on Q4 2021 Earnings Call Transcript
- 03/01/2022
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Centerspace (CSR) Q4 FFO and Revenues Surpass Estimates
- Centerspace (CSR) delivered FFO and revenue surprises of 4.85% and 4.28%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/28/2022
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CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE YEAR ENDED DECEMBER 31, 2021
- MINNEAPOLIS, Feb. 1, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the year ended December 31, 2021, after the market closes on February 28, 2022. Conference Call: Management will host a conference call to discuss those results on the following day, Tuesday, March 1, 2022, at 10:00 a.m.
- 02/01/2022
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Centerspace (CSR): Strong Industry, Solid Earnings Estimate Revisions
- Centerspace (CSR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 12/03/2021
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Centerspace (CSR) Upgraded to Buy: Here's What You Should Know
- Centerspace (CSR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 11/17/2021
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Centerspace (CSR) Mark Decker on Q3 2021 Results - Earnings Call Transcript
- Centerspace (CSR) Mark Decker on Q3 2021 Results - Earnings Call Transcript
- 11/02/2021
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Centerspace (CSR) Q3 FFO and Revenues Top Estimates
- Centerspace (CSR) delivered FFO and revenue surprises of 2.08% and 4.03%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/01/2021
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Centerspace Announces Dates For The Earnings Release And Conference Call For The Third Quarter Of 2021
- MINNEAPOLIS, Oct. 12, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its third quarter 2021 operating results after the market closes on Monday, November 1, 2021. Conference Call: Management will host a conference call to discuss those results on the following day, Tuesday, November 2, 2021, at 10:00 a.m.
- 10/12/2021
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Centerspace Improves And Extends Credit Line; Repays Bank Loans
- MINNEAPOLIS, Sept. 30, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that it has amended and extended its existing $250 million revolving credit facility.
- 09/30/2021
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Centerspace Issues $125 Million Of Unsecured Notes
- MINNEAPOLIS, Sept. 20, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that the Company has issued $125 million of unsecured senior notes.
- 09/20/2021
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Centerspace Closes On Minnesota Portfolio Acquisition
- MINNEAPOLIS , Sept. 2, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that it has closed on its strategic portfolio acquisition in Minneapolis and St. Cloud, Minnesota for an aggregate purchase price of $323.8 million.
- 09/02/2021
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Centerspace (CSR) CEO Mark Decker on Q2 2021 Results - Earnings Call Transcript
- Centerspace (CSR) CEO Mark Decker on Q2 2021 Results - Earnings Call Transcript
- 08/03/2021
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Centerspace (CSR) Q2 FFO Beat Estimates
- Centerspace (CSR) delivered FFO and revenue surprises of 2.15% and -0.16%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/02/2021
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Centerspace Reports Strong Second Quarter 2021 Financial Results; Improved Financial Outlook
- MINNEAPOLIS, Aug. 2, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and six months ended June 30, 2021. The tables below show Net Income, Funds from Operations ("FFO")1, and Core FFO1, all on a per share basis, for the three and six months ended June 30, 2021; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted-Average Occupancy for each of the three months ended June 30, 2021, March 31, 2021, and June 30, 2020.
- 08/02/2021
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Should You Buy Investors Real Estate Trust (CSR) Ahead of Earnings?
- Investors Real Estate Trust (CSR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 07/30/2021
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Centerspace Announces Dates For The Earnings Release And Conference Call For The Second Quarter Of 2021
- MINNEAPOLIS, July 13, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its second quarter 2021 operating results after the market closes on Monday, August 2, 2021. Conference Call: Management will host a conference call to discuss those results on the following day, Tuesday, August 3, 2021, at 10:00 a.m.
- 07/13/2021
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Centerspace Has Become The Deepest Value Stock Among U.S. Multifamily REITs
- Centerspace is trading at a significant discount to peers.
- 06/23/2021
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Centerspace To Acquire $324 Million Strategic Minnesota Portfolio
- MINNEAPOLIS, June 3, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) has entered into Contribution Agreements with entities managed by KMS Management, Inc. ("KMS"), to acquire a portfolio of 17 communities for the aggregate purchase price of $323.8 million. The portfolio of 19 real estate assets is compriseed of 14 communities in Minneapolis, Minnesota and three communities in St. Cloud, Minnesota.
- 06/03/2021
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Centerspace Announces Second Annual Environmental, Social, And Governance Report And Provides April Leasing Activity
- MINNEAPOLIS, May 24, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) published its 2020 Environmental, Social, and Governance (ESG) Report, highlighting the company's commitment to sustainable business practices in the multifamily industry. This is the company's second annual report following its 2019 formation of an Environmental, Social, and Governance Committee established to lead the charge in identifying, implementing, and tracking the progress on various sustainability initiatives.
- 05/24/2021
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Investors Real Estate Trust (CSR) CEO Mark Decker on Q1 2021 Results - Earnings Call Transcript
- Investors Real Estate Trust (CSR) CEO Mark Decker on Q1 2021 Results - Earnings Call Transcript
- 05/08/2021
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Centerspace (CSR) Beats Q1 FFO and Revenue Estimates
- Centerspace (CSR) delivered FFO and revenue surprises of 7.95% and 1.69%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/03/2021
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Centerspace Announces Improved Financial Outlook And First Quarter Leasing Activity
- MINNEAPOLIS, April 19, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announces 122% increase to its mid-point earnings per share outlook and 4.2% increase to its mid-point Core FFO outlook for 2021 based on improved first quarter leasing activity. Financial Outlook With faster than anticipated vaccination rates, increased financial stimulus, acceleration of rent growth and the expectation of lower expense growth for the year, Centerspace has revised its outlook for 2021 upwards and the midpoint of guidance is rising from $3.455 to $3.60 for Core FFO.
- 04/19/2021
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Centerspace Announces Dates for the Earnings Release and Conference Call for the First Quarter of 2021
- 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 will host a conference call to discuss those results on the following day, Tuesday, May 4, 2021, at 10:00 a.m.
- 04/13/2021
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Centerspace: A Costly Opportunity
- In recent years, Centerspace has worked hard to reinvent itself. This has, in some ways, created some nice shareholder value, but not everything is great.
- 03/12/2021
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Centerspace's (CSR) CEO Mark Decker on Q4 2020 Results - Earnings Call Transcript
- Centerspace's (CSR) CEO Mark Decker on Q4 2020 Results - Earnings Call Transcript
- 02/23/2021
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