# D/B/A Centerspace (CSR) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Real Estate / Residential REITs. Price $57.26, market value $1.0 billion.

## Valuation
- **P/E (trailing): 10.7×** (5-yr avg 42.9×, 3-yr avg 42.9×). D/B/A Centerspace trades at 10.7× trailing earnings, well below its own five-year average of 42.9×: cheap by its own standards. The Real Estate median in the September 2026 study was 25.2×.
- **Price / sales: 3.9×**. Each dollar of revenue is priced at 3.9×.
- **Price / book: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 8.1×**. Enterprise value is 8.1× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Earnings yield: 9.4%**. The inverse of the P/E: 9.4% of the price is earned each year.

## Profitability
- **Operating margin: 56.1%**. 56.1% of revenue is left after running the business, an exceptional level.
- **Net margin: 6.2%**. 6.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 2.4%**. 2.4% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 6.6%**. Return on all capital, debt included, is 6.6%.
- **Return on assets: 4.7%**. Each dollar of assets produces 4.7% of profit.

## Growth
- **Revenue growth (1 yr): 4.9%** (3-yr 2.2%/yr, 5-yr 9.0%/yr). Revenue grew 4.9% over the last year, against 9.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 180.3%**. Earnings per share rose 180.3%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 1.42**. Debt is 1.42 times equity, a leveraged balance sheet, which is normal for real estate.
- **Net debt / EBITDA: 4.0×**. It would take 4.0 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 1.34**. A Z-score of 1.34 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.38%** ($3.08 per share, trailing). D/B/A Centerspace yields 5.38%, an income-level yield.
- **Payout ratio: 299%**. The dividend exceeds earnings (299% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 8**. 8 straight years of increases.
- **Dividend growth (5 yr): 1.9%/yr** (1-yr 2.7%). The dividend has grown 1.9% a year over five years.

## Analyst view
- **Analyst consensus: hold** (7 analysts). 7 analysts cover D/B/A Centerspace; the consensus is hold, with an average price target of $62.86 (+10% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 3.8%** (YTD -8.9%, 3-mo 6.7%). The shares are up 3.8% over twelve months including dividends.
- **From 52-week high: -17.7%** (10.1% above the low). Trading 18% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 66**. An RSI of 66 is neutral.
- **Beta (1 yr): 0.02** (volatility 28%). Beta of 0.02 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CSR · Page: https://foliofundamentals.com/stocks/csr

Not investment advice.