Centerspace (CSR) Releases Q1 2026 Earnings: Revenue and EPS Miss; Net Loss Widens

Centerspace (CSR) reported first-quarter 2026 revenue of $65.1 million, a 3.0% year-over-year decline, missing the consensus estimate of $68.1 million.

Key results:

Gross profit of $37.1 million, down 227.3% year-over-year.

Cost of sales of $28.0 million, down 4.2% year-over-year.

Operating loss of $5.4 million, a 91.4% year-over-year deterioration.

Net loss attributable to common shareholders of $12.9 million, up 245.2% year-over-year.

Diluted EPS of -0.77, a 250.0% year-over-year change.

Cash flow and balance sheet highlights:

Cash from operating activities of $21.4 million, down 15.8% year-over-year.

Cash paid for property, plant and equipment of $5.3 million (capex).

Cash and cash equivalents of $7.6 million, down 36.6% year-over-year.

Total liabilities of $1.07 billion, up 5.8% year-over-year.

Estimates and comparisons:

Revenue missed the estimate ($68.1 million expected vs. $65.1 million reported).

Diluted EPS of -0.77 missed the estimate of -0.4318.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Centerspace Hedge Fund Activity

We have seen 109 institutional investors add shares of Centerspace stock to their portfolio, and 98 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

WELLINGTON MANAGEMENT GROUP LLP added 654,209 shares (+324.4%) to their portfolio in Q4 2025, for an estimated $43,648,824
MACQUARIE GROUP LTD removed 622,153 shares (-98.7%) from their portfolio in Q4 2025, for an estimated $41,510,048
VOSS CAPITAL, LP added 330,751 shares (+inf%) to their portfolio in Q4 2025, for an estimated $22,067,706
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 326,977 shares (-74.8%) from their portfolio in Q4 2025, for an estimated $21,815,905
LONG POND CAPITAL, LP added 230,638 shares (+108.0%) to their portfolio in Q4 2025, for an estimated $15,388,167
LAND & BUILDINGS INVESTMENT MANAGEMENT, LLC added 229,146 shares (+38.2%) to their portfolio in Q4 2025, for an estimated $15,288,621
SILVERCREST ASSET MANAGEMENT GROUP LLC removed 119,695 shares (-15.6%) from their portfolio in Q4 2025, for an estimated $7,986,050

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

Centerspace Price Targets

Multiple analysts have issued price targets for $CSR recently. We have seen 5 analysts offer price targets for $CSR in the last 6 months, with a median target of $72.0.

Here are some recent targets:

Alexander Goldfarb from Piper Sandler set a target price of $72.0 on 04/07/2026
James Feldman from Wells Fargo set a target price of $69.0 on 03/05/2026
Brad Heffern from RBC Capital set a target price of $72.0 on 02/19/2026
An analyst from UBS set a target price of $66.0 on 01/08/2026