Compass Point Upgrades Centerspace to Buy from Neutral
On September 10, 2026, analyst firm Compass Point upgraded its outlook for Centerspace (NYSE:CSR) from Neutral to Buy.
Centerspace, based in the United States, is a real estate company primarily engaged in the ownership, management, acquisition, redevelopment, and development of apartment communities. Operating predominantly in the Upper Midwest region, the company's portfolio focuses on residential properties that cater to a mixed demographic, aiming to blend luxury living with accessibility. Prior to this rating action, Centerspace's stock closed at $57.36 on September 9, 2026. This represents a price change of +8.68% over one week, compared to a baseline close of $52.78 on September 2, 2026. Over a one-month period, the stock experienced a price change of +1.20% from a baseline close of $56.68 on August 7, 2026.
In its latest earnings report on August 3, 2026, Centerspace reported an actual earnings per share (EPS) of -0.07, compared to an estimated EPS of -0.1364. The company's actual revenue was $65,782,000,000,000.00, while the estimated revenue was $67,308,420,000,000.00. Additionally, the company filed a Form 8-K with the United States Securities and Exchange Commission on August 14, 2026, with the earliest reported event date of August 11, 2026. The filing identifies the registrant's principal executive offices at 1324 20th Avenue SW, Post Office Box 1988, Minot, ND 58702-1988, and lists its state of incorporation as North Dakota.
As of August 28, 2026, the current consensus target mean for Centerspace was $63.90, with a median target of $65.28, representing an implied change of +11.39%. This is a revision from the prior consensus target mean of $66.52 recorded on August 4, 2026, which reflects a consensus target revision of -3.94%. In terms of aggregate analyst recommendations, the current recommendation period as of September 1, 2026, shows 2 strong buy, 3 buy, 8 hold, 0 sell, and 0 strong sell recommendations, totaling 13 recommendations. This breakdown represents 38.5% positive, 61.5% hold, and 0.0% negative recommendations, which remains unchanged from the prior recommendation period as of August 1, 2026.
Other recent analyst actions include Wells Fargo maintaining an Equal-Weight rating on September 1, 2026, with both the from and to ratings set at Equal-Weight. On August 27, 2026, Piper Sandler also maintained its Neutral rating on the stock, keeping its from and to ratings at Neutral.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 10, 2026 | Compass Point | Neutral | Buy | upgrade |
| September 1, 2026 | Wells Fargo | Equal-Weight | Equal-Weight | maintained |
| August 27, 2026 | Piper Sandler | Neutral | Neutral | maintained |
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