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CSR vs NHI
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Healthcare Facilities
CSR vs NHI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Residential | REIT - Healthcare Facilities |
| Market Cap | $1.13B | $3.58B |
| Revenue (TTM) | $272M | $403M |
| Net Income (TTM) | $8M | $148M |
| Gross Margin | 38.3% | 61.3% |
| Operating Margin | 2.8% | 48.5% |
| Forward P/E | 65.9x | 21.8x |
| Total Debt | $1.02B | $1.16B |
| Cash & Equiv. | $13M | $20M |
CSR vs NHI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Centerspace (CSR) | 100 | 94.8 | -5.2% |
| National Health Inv… (NHI) | 100 | 133.1 | +33.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CSR vs NHI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CSR is the clearest fit if your priority is growth exposure.
- Rev growth 35.3%, EPS growth 180.3%, 3Y rev CAGR 11.2%
- 35.3% FFO/revenue growth vs NHI's 12.9%
- 4.5% yield, 2-year raise streak, vs NHI's 4.9%
NHI carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 1 yrs, beta -0.08, yield 4.9%
- 60.5% 10Y total return vs CSR's 53.1%
- Lower volatility, beta -0.08, Low D/E 75.6%, current ratio 2.48x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 35.3% FFO/revenue growth vs NHI's 12.9% | |
| Value | Lower P/E (21.8x vs 65.9x) | |
| Quality / Margins | 36.8% margin vs CSR's 3.1% | |
| Stability / Safety | Lower D/E ratio (75.6% vs 120.7%) | |
| Dividends | 4.5% yield, 2-year raise streak, vs NHI's 4.9% | |
| Momentum (1Y) | +15.3% vs NHI's +1.5% | |
| Efficiency (ROA) | 5.4% ROA vs CSR's 0.4%, ROIC 5.6% vs 4.2% |
CSR vs NHI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CSR vs NHI — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NHI leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NHI and CSR operate at a comparable scale, with $403M and $272M in trailing revenue. NHI is the more profitable business, keeping 36.8% of every revenue dollar as net income compared to CSR's 3.1%. On growth, NHI holds the edge at +29.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $272M | $403M |
| EBITDAEarnings before interest/tax | $121M | $282M |
| Net IncomeAfter-tax profit | $8M | $148M |
| Free Cash FlowCash after capex | $70M | $226M |
| Gross MarginGross profit ÷ Revenue | +38.3% | +61.3% |
| Operating MarginEBIT ÷ Revenue | +2.8% | +48.5% |
| Net MarginNet income ÷ Revenue | +3.1% | +36.8% |
| FCF MarginFCF ÷ Revenue | +25.8% | +56.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | -3.0% | +29.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -2.5% | +10.8% |
Valuation Metrics
CSR leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 24.5x trailing earnings, NHI trades at a 63% valuation discount to CSR's 65.9x P/E. On an enterprise value basis, CSR's 9.9x EV/EBITDA is more attractive than NHI's 17.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.1B | $3.6B |
| Enterprise ValueMkt cap + debt − cash | $2.1B | $4.7B |
| Trailing P/EPrice ÷ TTM EPS | 65.88x | 24.46x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 21.82x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 9.88x | 16.96x |
| Price / SalesMarket cap ÷ Revenue | 3.20x | 9.46x |
| Price / BookPrice ÷ Book value/share | 1.33x | 2.26x |
| Price / FCFMarket cap ÷ FCF | 17.56x | 16.26x |
Profitability & Efficiency
NHI leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
NHI delivers a 9.8% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $1 for CSR. NHI carries lower financial leverage with a 0.76x debt-to-equity ratio, signaling a more conservative balance sheet compared to CSR's 1.21x. On the Piotroski fundamental quality scale (0–9), NHI scores 6/9 vs CSR's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +1.0% | +9.8% |
| ROA (TTM)Return on assets | +0.4% | +5.4% |
| ROICReturn on invested capital | +4.2% | +5.6% |
| ROCEReturn on capital employed | +5.9% | +8.0% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 1.21x | 0.76x |
| Net DebtTotal debt minus cash | $1.0B | $1.1B |
| Cash & Equiv.Liquid assets | $13M | $20M |
| Total DebtShort + long-term debt | $1.0B | $1.2B |
| Interest CoverageEBIT ÷ Interest expense | 1.52x | 3.45x |
Total Returns (Dividends Reinvested)
NHI leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NHI five years ago would be worth $12,946 today (with dividends reinvested), compared to $11,745 for CSR. Over the past 12 months, CSR leads with a +15.3% total return vs NHI's +1.5%. The 3-year compound annual growth rate (CAGR) favors NHI at 19.6% vs CSR's 8.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +1.5% | -2.7% |
| 1-Year ReturnPast 12 months | +15.3% | +1.5% |
| 3-Year ReturnCumulative with dividends | +28.2% | +71.1% |
| 5-Year ReturnCumulative with dividends | +17.5% | +29.5% |
| 10-Year ReturnCumulative with dividends | +53.1% | +60.5% |
| CAGR (3Y)Annualised 3-year return | +8.6% | +19.6% |
Risk & Volatility
Evenly matched — CSR and NHI each lead in 1 of 2 comparable metrics.
Risk & Volatility
NHI is the less volatile stock with a -0.08 beta — it tends to amplify market swings less than CSR's 0.29 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CSR currently trades 96.5% from its 52-week high vs NHI's 81.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.29x | -0.08x |
| 52-Week HighHighest price in past year | $69.61 | $90.94 |
| 52-Week LowLowest price in past year | $52.76 | $68.80 |
| % of 52W HighCurrent price vs 52-week peak | +96.5% | +81.2% |
| RSI (14)Momentum oscillator 0–100 | 52.9 | 23.8 |
| Avg Volume (50D)Average daily shares traded | 121K | 330K |
Analyst Outlook
Evenly matched — CSR and NHI each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates CSR as "Buy" and NHI as "Hold". Consensus price targets imply 15.6% upside for NHI (target: $85) vs 1.9% for CSR (target: $69). For income investors, NHI offers the higher dividend yield at 4.88% vs CSR's 4.53%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $68.50 | $85.40 |
| # AnalystsCovering analysts | 11 | 18 |
| Dividend YieldAnnual dividend ÷ price | +4.5% | +4.9% |
| Dividend StreakConsecutive years of raises | 2 | 1 |
| Dividend / ShareAnnual DPS | $3.04 | $3.61 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.4% | 0.0% |
NHI leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CSR leads in 1 (Valuation Metrics). 2 tied.
CSR vs NHI: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CSR or NHI a better buy right now?
For growth investors, Centerspace (CSR) is the stronger pick with 35.
3% revenue growth year-over-year, versus 12. 9% for National Health Investors, Inc. (NHI). National Health Investors, Inc. (NHI) offers the better valuation at 24. 5x trailing P/E (21. 8x forward), making it the more compelling value choice. Analysts rate Centerspace (CSR) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CSR or NHI?
On trailing P/E, National Health Investors, Inc.
(NHI) is the cheapest at 24. 5x versus Centerspace at 65. 9x.
03Which is the better long-term investment — CSR or NHI?
Over the past 5 years, National Health Investors, Inc.
(NHI) delivered a total return of +29. 5%, compared to +17. 5% for Centerspace (CSR). Over 10 years, the gap is even starker: NHI returned +60. 5% versus CSR's +53. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CSR or NHI?
By beta (market sensitivity over 5 years), National Health Investors, Inc.
(NHI) is the lower-risk stock at -0. 08β versus Centerspace's 0. 29β — meaning CSR is approximately -448% more volatile than NHI relative to the S&P 500. On balance sheet safety, National Health Investors, Inc. (NHI) carries a lower debt/equity ratio of 76% versus 121% for Centerspace — giving it more financial flexibility in a downturn.
05Which is growing faster — CSR or NHI?
By revenue growth (latest reported year), Centerspace (CSR) is pulling ahead at 35.
3% versus 12. 9% for National Health Investors, Inc. (NHI). On earnings-per-share growth, the picture is similar: Centerspace grew EPS 180. 3% year-over-year, compared to -3. 5% for National Health Investors, Inc.. Over a 3-year CAGR, CSR leads at 11. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CSR or NHI?
National Health Investors, Inc.
(NHI) is the more profitable company, earning 37. 6% net margin versus 5. 0% for Centerspace — meaning it keeps 37. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NHI leads at 51. 5% versus 29. 2% for CSR. At the gross margin level — before operating expenses — NHI leads at 36. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CSR or NHI more undervalued right now?
Analyst consensus price targets imply the most upside for NHI: 15.
6% to $85. 40.
08Which pays a better dividend — CSR or NHI?
All stocks in this comparison pay dividends.
National Health Investors, Inc. (NHI) offers the highest yield at 4. 9%, versus 4. 5% for Centerspace (CSR).
09Is CSR or NHI better for a retirement portfolio?
For long-horizon retirement investors, National Health Investors, Inc.
(NHI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 08), 4. 9% yield). Both have compounded well over 10 years (NHI: +60. 5%, CSR: +53. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CSR and NHI?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CSR is a small-cap high-growth stock; NHI is a small-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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