Centerspace stock gained 1.25 percent as Q3 date nears

Published on 10/06/2026 at 09:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Centerspace stock was last at USD 55.18 on October 5, 2026, up 1.25 percent. Q3 results are scheduled for November 2 after the market close.

CSR, US15202L1070, Illustration mit AI erstellt.

Centerspace stock (ISIN US15202L1070) was last at USD 55.18 on the NYSE on October 5, 2026, up 1.25 percent from the prior close. The next measurable company event is the third-quarter report scheduled for November 2, 2026.

Q3 results arrive November 2

According to Yahoo Finance on October 1, 2026, Centerspace will release operating results for the quarter ended September 30, 2026, after the market closes on November 2, 2026. The company will not host a conference call because of its proposed merger with Independence Realty Trust.

The same release said Centerspace owned 47 apartment communities with 10,456 homes as of September 30, 2026. That portfolio spans Colorado, Minnesota, Montana, Nebraska, North Dakota, and Utah, keeping the report focused on apartment operations while the transaction moves forward.

Merger changes the investment case

Independence Realty Trust said on September 9, 2026, that Centerspace shareholders will receive 3.800 IRT shares for each CSR share. The combined company is described as an apartment REIT with USD 8.1 billion of enterprise value, while the transaction is targeted to close as early as the fourth quarter of 2026.

The latest reported quarter gives investors a concrete baseline. MarketBeat reported that second-quarter revenue was USD 65.78 million and diluted EPS was negative USD 0.07, compared with a consensus estimate of negative USD 0.13. Centerspace also set fiscal-year 2026 EPS guidance at USD 4.580-4.680.

Analyst targets remain above the stock

MarketBeat listed a consensus Hold rating from 10 analysts, with two Buy ratings, seven Hold ratings, and one Sell rating, alongside an average target of USD 64.00. At USD 55.18, that target is USD 8.82 above the October 5 price, equal to 16.0 percent.

UBS lowered its target from USD 70.00 to USD 68.00 while retaining a Neutral rating in a report dated September 15, 2026, according to MarketScreener. The target revisions put the November report and merger timetable ahead of the next major valuation checkpoint.

Centerspace stock stays below yearly high

Centerspace stock was last at USD 55.18 on the NYSE on October 5, 2026, with a 52-week range of USD 52.00 to USD 69.61. The market capitalization was USD 927.2 million and trading volume was 272,716 shares on that date.