|Over a week ago|
Centerspace raises FY21 core FFO view to $3.48-$3.72 from $3.29-$3.62 » 16:4005/0305/03/21
Consensus is for FY21 FFO…
Consensus is for FY21 FFO $3.62. Raises FY21 Same-Store NOI view to (1.5%)-1.5% from (3.5%)-(0.5%).
Centerspace reports Q1 Core FFO 95c, consensus 88c » 16:3705/0305/03/21
Reports Q1 revenue…
Reports Q1 revenue $46.65M, consensus $46.03M. Reports Q1 NOI up 1.4% from last year and (3.9%) from last quarter.
Centerspace management to meet virtually with Piper Sandler » 09:1204/1904/19/21
Virtual Meeting to be…
Virtual Meeting to be held on April 19 hosted by Piper Sander.
Centerspace raises FY21 core FFO view to $3.48-$3.72 from $3.29-$3.62 » 09:0304/1904/19/21
Consesus for FY21 FFO is…
Consesus for FY21 FFO is $3.60. 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.
|Over a month ago|
Centerspace cut to Neutral at BTIG on relative underperformance in 2021 » 07:2103/2403/24/21
As previously reported,…
As previously reported, BTIG analyst James Sullivan downgraded Centerspace to Neutral from Buy. The analyst states that as he expected the company outperformed its peers over the past year and has also improved its balance sheet with the issuance of unsecured debt. Sullivan sees 2021 as being relatively weaker for Centerspace compared to its non-Coastal peers, modeling a 0.4% decline in its same-store NOI vs. 1.1% for the latter group. The analyst also sees revenue headwinds due to a slower return-to-office trend in Minneapolis.
Centerspace downgraded to Neutral from Buy at BTIG » 05:4803/2403/24/21
BTIG analyst James…
BTIG analyst James Sullivan downgraded Centerspace to Neutral from Buy.
Centerspace sees FY21 core FFO $3.29-$3.62, consensus $3.68 16:3502/2202/22/21
Centerspace reports Q4 core FFO $1.02, consensus 89c » 16:3402/2202/22/21
Reports Q4 revenue…
Reports Q4 revenue $45.54M, consensus $44.97M.
|Over a quarter ago|
Centerspace upgraded to Outperform from Market Perform at BMO Capital » 05:3701/1101/11/21
BMO Capital analyst John…
BMO Capital analyst John Kim upgraded Centerspace to Outperform from Market Perform with a price target of $81, up from $75. The analyst is "optimistic" on the multifamily sector this year as the economy improves and rental growth accelerates in 2022. Centerspace will deliver the second highest same-store net operating growth over the next two years in the apartment real estate investment sector following a "surprisingly resilient" 2020, Kim tells investors in a research note.
Four new option listings and fifteen option delistings on December 21st » 08:3012/2112/21/20
CSR, KTOV, OPEN, DSS, FBRX, IPOB, IRET, KMPH, SALT, SAMA, SY, VTOL
New option listings for…
New option listings for December 21st include Clever Leaves Holdings Inc (CLVR), Centerspace (CSR), Kitov Pharmaceuticals (KTOV), and Opendoor Technologies Inc (Class A Stock) (OPEN). Option delistings effective December 21st include S&P Consumer Discretionary Select Sector (.SIXY), Avianca Holdings SA (ADR) (AVHOQ), Document Security (DSS), Forte Biosciences (FBRX), Social Capital Hedosophia Holdings Corp II (Class A Stock) (IPOB), Investors Real Estate Trust (IRET), KemPharm Inc (KMPH), LATAM Airlines Group SA (ADS) (LTMAQ), Scorpio Bulkers (SALT), Schultze Special Purpose Acquisition Corporation (SAMA), So Young International (SY), Unit Corp (UNTCQ), Credit Suisse AG Nassau Branch (VIIXF), Bristow Group (VTOL), and Extraction Oil and Gas Inc (XOGAQ).