Centerspace Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
Analyst Coverage
7analysts covering
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release | 2 Nov 2026 |
Monitoring Framework
Key Performance Indicators
Same-Store Net Operating Income (NOI) Growth Quarterly-110.0%Target: 0.75% (midpoint of 2026 guidance range of -0.5% to +2.0%)
Same-Store Weighted Average Occupancy Quarterly9,540.0%Target: Mid-95% range
Core Funds From Operations (Core FFO) per Diluted Share Quarterly112.0%Target: $4.93 (midpoint of 2026 guidance range of $4.81 to $5.05)
Annualized Net Debt to Adjusted EBITDA Quarterly8.2Target: Sub-7.0x by Q4 2026
Watch Items
- Execution of the $240M to $245M Asset Disposition PlanTrigger: Closing of 12 contracted communities in the second half of 2026Action: Monitor subsequent quarterly disclosures for actual sale proceeds, final leverage reduction, and potential special distribution declarations of $45M to $65M.
- Denver Market Supply and Regulatory PressuresTrigger: Blended lease rate growth in Denver (down 5.1% in Q1 2026)Action: Track absorption rates, concession levels, and the impact of Colorado regulatory changes on utility billing (RUBS) reimbursement revenues.
- Leasing Spreads and Rent Growth AccelerationTrigger: Blended lease rate growth (0.4% in Q1 2026, improving to 1.8% in April)Action: Verify if positive momentum in renewal spreads (+3.3% in April) and new lease spreads continues to offset broader multifamily valuation headwinds.
Research as of 19 Jun 2026