Centerspace missed Q4 earnings but kept 2026 guidance high, stock dipped after loss and high payout ratio.

Centerspace (NYSE:CSR) reported a fourth-quarter loss of $1.10 per share, missing estimates, and revenue of $66.62 million, below expectations. Despite the quarterly miss, the company reaffirmed its fiscal 2026 earnings guidance of $4.81 to $5.05 per share, well above consensus. The stock fell $0.75 to $62.82, with analysts maintaining a "Hold" rating and an average target of $69.86. The firm owns 71 apartment communities across six Midwestern states, operates 12,785 units, and pays a quarterly dividend with a 4.9% yield, though its payout ratio exceeds 170%. Institutional investors own 79% of shares.