Critical Survey: Centerspace (NYSE:CSR) versus Horizon Group Properties (OTCMKTS:HGPI)

Horizon Group Properties (OTCMKTS:HGPI) and Centerspace (NYSE:CSR) are both small-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, dividends, risk, institutional ownership, valuation, analyst recommendations and earnings.

Volatility & Risk

Horizon Group Properties has a beta of 0.17, indicating that its share price is 83% less volatile than the S&P 500. Comparatively, Centerspace has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500.

Valuation & Earnings

This table compares Horizon Group Properties and Centerspace”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Horizon Group Properties	N/A	N/A	N/A	N/A	N/A
Centerspace	$260.98 million	4.14	$41.97 million	($1.27)	-50.88

Centerspace has higher revenue and earnings than Horizon Group Properties.

Insider & Institutional Ownership

79.0% of Centerspace shares are owned by institutional investors. 15.9% of Horizon Group Properties shares are owned by insiders. Comparatively, 0.9% of Centerspace shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Horizon Group Properties and Centerspace, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Horizon Group Properties	0	0	0	0	0.00
Centerspace	0	5	3	0	2.38

Centerspace has a consensus target price of $73.63, indicating a potential upside of 13.94%. Given Centerspace’s stronger consensus rating and higher probable upside, analysts clearly believe Centerspace is more favorable than Horizon Group Properties.

Profitability

This table compares Horizon Group Properties and Centerspace’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Horizon Group Properties	N/A	N/A	N/A
Centerspace	-4.34%	-1.34%	-0.60%

Summary

Centerspace beats Horizon Group Properties on 6 of the 10 factors compared between the two stocks.

About Horizon Group Properties

Based in Chicago, Illinois, Horizon Group Properties, Inc. has 12 operating factory outlet centers and one power center in 10 states totaling more than 2.6 million square feet.

About Centerspace

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of September 30, 2023, Centerspace owned interests in 71 apartment communities consisting of 12,785 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for the fourth consecutive year in 2023 by the Minneapolis Star Tribune.