tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Centerspace Completes $124M Sale in St. Cloud

Story Highlights
Centerspace Completes $124M Sale in St. Cloud

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Centerspace ( (CSR) ) has shared an update.

On September 23, 2025, Centerspace announced the completion of the sale of five communities in St. Cloud, Minnesota, for $124 million, marking its exit from that market. This sale is part of a broader strategy to reposition its portfolio, improve community quality, and diversify holdings, with proceeds aimed at reducing leverage and supporting corporate purposes. The company is also considering various capital allocation strategies to enhance shareholder value.

The most recent analyst rating on (CSR) stock is a Hold with a $62.00 price target. To see the full list of analyst forecasts on Centerspace stock, see the CSR Stock Forecast page.

Spark’s Take on CSR Stock

According to Spark, TipRanks’ AI Analyst, CSR is a Neutral.

Centerspace’s overall stock score is driven by solid financial management and strategic market expansions, as highlighted in the earnings call. However, persistent profitability challenges and valuation concerns weigh on the score. The technical indicators suggest a neutral trend, with potential for upward movement. The attractive dividend yield provides some compensation for valuation risks.

To see Spark’s full report on CSR stock, click here.

More about Centerspace

Centerspace is an owner and operator of apartment communities, focusing on integrity and service, with 68 communities across several states including Colorado, Minnesota, and Utah. Founded in 1970, it has been recognized as a top workplace for six consecutive years.

Average Trading Volume: 112,001

Technical Sentiment Signal: Sell

Current Market Cap: $1.04B

See more insights into CSR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1