How to Buy Centerspace Stock
Centerspace
Centerspace is a residential REIT company located in North Dakota, United States, which is part of the Real Estate sector, and is traded under the ticker CSR on the NYSE exchange.
Centerspace stock last closed at $62.57, up 1.05% from the previous day, and has increased 12.52% in one year. It has overperformed other stocks in the REIT - Residential industry by 0.16 percentage points. Centerspace stock is currently +33.87% from its 52-week low of $46.74, and -6.6% from its 52-week high of $66.99.
As of Apr 18, 2024, there are 14.91M shares of CSR outstanding. The market cap of CSR is $932.84M. In the past 24 hours, 78,805 CSR shares were traded.
How to Buy Centerspace Stock
Wondering how to invest in Centerspace stock? Here's how.
- Figure out where to buy Centerspace stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Centerspace stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your info.
- Research Centerspace stock: The Centerspace ticker symbol is CSR. Is Centerspace stock a good investment? Should you buy shares of CSR? How do CSR's underlying business fundamentals look? Do top analysts think Centerspace is a good buy? Why has CSR's stock price moved recently? (Hint: Our stock market analysis website can help you decide if CSR is a good stock to buy).
- Execute your CSR trade: Decide if you will purchase CSR shares at the current market price or use a limit order to purchase CSR stock at a given price.
- Get notifications regarding your CSR position: Create a watchlist to monitor your position in Centerspace shares.
Step 1: Figure out where to buy Centerspace stock
You will need a brokerage account to access the NYSE market and buy CSR shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you need to fill out some personal info so you are able to buy CSR stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on a good stock buying app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring funds into your brokerage account.
Step 4: Research Centerspace stock
Once you have identified the best place to buy Centerspace stock, it's important to evaluate their stock before you invest, so you can understand the risk as well as the upside.
Centerspace quick stats
Centerspace Due Diligence Checks
WallStreetZen was created to help part-time investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on CSR's stock page.
How is CSR stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CSR's intrinsic value.
Using relative valuations measures:
- CSR could be overvalued based on its P/E ratio of 26.85x, relative to REIT - Residential industry P/E ratio of 16.02x
- CSR may be undervalued based on its P/B ratio of 1.31x, relative to REIT - Residential industry P/B ratio of 2.21x
- CSR may be undervalued based on its PEG ratio of 0.28x
You can access additional valuation research on CSR's stock here.
A look at CSR Cashflows and Balance Sheet
Pros:
- CSR profit margin has gone up from -8% to 13.4% in the past year.
Cons:
- CSR's operating cash flow of $89.52M allows it to safely service it's debt of $916.02M.
- CSR earnings of $77.75M is not enough to cover its interest payments.
- CSR has a relatively high debt to equity ratio of 1.38.
- Total CSR debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy CSR stock, according to Wall Street analysts?
Out of 4 sell side analysts who give ratings on CSR, the consensus analyst rating on Centerspace is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Centerspace stock forecast page.
CSR Technical Indicators
Is CSR Growing Revenue?
Last year, CSR earnings were $34.90M. In the last 4 year, CSR's earnings have increased by -21.26% per year. This was slower than the REIT - Residential industry average of 12.7%.
Last year, CSR revenue was $261.31M. Over the past five year, CSR's revenue has grown by 9.64% per year. This was faster than the REIT - Residential industry average of 7.7%.
Learn more about CSR's earnings and revenue performance here.
Latest Insiders Trades at CSR
Over the last 12 months, executives and large shareholders at CSR have bought more shares than they have sold.
John A. Schissel, Director of CSR, was the latest CSR insider to buy. They bought $28,198.50 worth of CSR shares on Mar 11, 2024.
Get more info about who owns CSR stock here.
Does CSR provide a stable income stream?
Centerspace pays a dividend of 4.7%, compared to the REIT - Residential industry's average dividend yield of 4.29%. If you owned $1,000 worth of CSR stock, you would have been paid $46.99 last year.
Centerspace dividend payments have not consistently grown over the past decade and have not remained stable.
Find more info about Centerspace dividend yield and history here.
What do other investors have to say about CSR?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your CSR trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Press the Open button and eToro will place the order.
If you want more help with investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your CSR position
Now that you own some shares in CSR, you'll want to keep up with your investment.
Create a watchlist to keep tabs on your CSR stock.
CSR Feed
How to Buy Stock in Centerspace
To summarize, here are the 6 steps you need to take to buy Centerspace stock right now:
- Figure out where to buy Centerspace stock
- Open your brokerage account
- Put funds into your brokerage account
- Research Centerspace stock
- Execute your CSR trade
- Get notifications regarding your CSR position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Centerspace, create your watchlist below.
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