City Office REIT, Inc. (CIO)

NYSE: CIO · Real-Time Price · USD
4.890
-0.080 (-1.61%)
May 5, 2025, 4:00 PM EDT - Market closed
-1.61%
Market Cap 196.95M
Revenue (ttm) 168.89M
Net Income (ttm) -26.18M
Shares Out 40.36M
EPS (ttm) -0.66
PE Ratio n/a
Forward PE n/a
Dividend $0.40 (8.18%)
Ex-Dividend Date Apr 10, 2025
Volume 131,698
Open 4.935
Previous Close 4.970
Day's Range 4.880 - 5.020
52-Week Range 4.190 - 6.500
Beta 1.65
Analysts n/a
Price Target n/a
Earnings Date May 2, 2025

About CIO

City Office REIT, Inc. (the “Company”) was organized in the state of Maryland on November 26, 2013. On April 21, 2014, the Company completed its initial public offering (“IPO”) of shares of the Company’s common stock. The Company contributed the net proceeds of the IPO to City Office REIT Operating Partnership, L.P., a Maryland limited partnership (the “Operating Partnership”), in exchange for common units of limited partnership interest in the Operating Partnership (“common units”). [Read more]

Industry REIT - Office
Sector Real Estate
IPO Date Apr 15, 2014
Employees 20
Stock Exchange NYSE
Ticker Symbol CIO
Full Company Profile

Financial Performance

In 2024, City Office REIT's revenue was $171.13 million, a decrease of -4.45% compared to the previous year's $179.10 million. Losses were -$25.10 million, 148.5% more than in 2023.

Financial Statements

News

City Office REIT, Inc. (CIO) Q1 2025 Earnings Call Transcript

City Office REIT, Inc. (NYSE:CIO) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Tony Maretic - Chief Financial Officer, Treasurer & Corporate Secretary Jamie Farrar - ...

3 days ago - Seeking Alpha

City Office REIT Reports First Quarter 2025 Results

VANCOUVER , May 2, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended March 31, 2025. First Quarter...

3 days ago - PRNewsWire

City Office REIT (RED PFD SER A): A High Yield, Deep Value Opportunity Worth Latching Onto

City Office REIT's Series A Preferred Shares offer a tempting yield despite recent accounting losses and systemic pressures, suggesting a potential buying opportunity. The shares are cumulative, redee...

Other symbols: A
11 days ago - Seeking Alpha

Cash COWs: 11 High-Yield REITs

Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-...

4 weeks ago - Seeking Alpha

City Office REIT Announces First Quarter 2025 Earnings Release and Conference Call

VANCOUVER , April 1, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended March 31, 2025...

4 weeks ago - PRNewsWire

Sabra Health Care REIT, Inc. Announces Chief Investment Officer Transition

TUSTIN, Calif.--(BUSINESS WIRE)---- $CIO #CIO--Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) today announced that Talya Nevo-Hacohen, Sabra's Chief Investment Officer, Treasurer and Executive ...

Other symbols: SBRA
6 weeks ago - Business Wire

The State Of REITs: March 2025 Edition

REITs bounced back (+1.77%) in February and now have a positive year-to-date total return (+0.79%) after the first two months of the year. Large cap (+4.58%), small cap (+2.00%) and mid cap REITs (+0....

6 weeks ago - Seeking Alpha

City Office REIT Announces Dividends for First Quarter 2025

VANCOUVER , March 14, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend am...

7 weeks ago - PRNewsWire

Sensorion Reports Full-Year 2024 Results, Provides Corporate Update and Announces Availability of Full-Year Report

MONTPELLIER, France--(BUSINESS WIRE)--Regulatory News: Sensorion (FR0012596468 – ALSEN) a pioneering clinical-stage biotechnology company specializing in the development of novel therapies to restore,...

7 weeks ago - Business Wire

City Office REIT: 8.8% Dividend Yield From The Preferreds

City Office REIT has seen a 28% increase over the past year but continues to trade at a low multiple to core FFO. CIO's fiscal 2024 fourth-quarter core FFO beat estimates, with 2025 core FFO expected ...

2 months ago - Seeking Alpha

Buried Treasures: 4 Dramatically Undervalued REITs

REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least ...

2 months ago - Seeking Alpha

American Express and Alipay to Enable Seamless Payments for International Travelers in China

SHANGHAI--(BUSINESS WIRE)--American Express and Alipay today announced a new feature aimed at enhancing payment convenience for international travelers in China. All eligible global American Express C...

2 months ago - Business Wire

City Office REIT, Inc. (CIO) Q4 2024 Earnings Call Transcript

City Office REIT, Inc. (NYSE:CIO) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Tony Maretic - Chief Financial Officer, Treasurer and Corporate Secretary Jamie F...

2 months ago - Seeking Alpha

City Office REIT Reports Fourth Quarter and Full Year 2024 Results

VANCOUVER , Feb. 20, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter and full year ended December 31, ...

2 months ago - PRNewsWire

Northern Trust Asset Management Expands Global Quantitative Investment Strategies Team

CHICAGO & AMSTERDAM--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with US$1.3 trillion in assets under management as of December 31, 2024, annou...

Other symbols: NTRS
3 months ago - Business Wire

City Office REIT Announces Tax Treatment of 2024 Distributions

VANCOUVER , Jan. 24, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("the Company"), today announced the tax treatment of its 2024 distributions to holders of the Company's common stock and 6...

3 months ago - PRNewsWire

City Office REIT Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

VANCOUVER , Jan. 10, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter and year ended Decem...

4 months ago - PRNewsWire

City Office: Cash Flow Growth, Proven Strategy, And Extremely Undervalued

City Office REIT has demonstrated consistent cash flow growth through strategic investments in growth real estate markets and a robust stock repurchase program.

4 months ago - Seeking Alpha

City Office REIT Provides Update on Impactful Leasing

VANCOUVER , Dec. 18, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that it has signed a 60,000 square foot lease with an existing tena...

4 months ago - PRNewsWire

City Office REIT: Undervalued As Fed Cuts Rates

City Office REIT trades at a remarkably cheap 3.2x annualized fiscal 2024 third-quarter free cash flow, with a 31% free cash flow yield on market cap. Despite a high debt load, CIO's free cash flow co...

5 months ago - Seeking Alpha

City Office REIT Announces Dividends for Fourth Quarter 2024

VANCOUVER , Dec. 13, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amo...

5 months ago - PRNewsWire

Cash COWs And Buried Treasures: 2024 Performance Review

About a year ago, I published two proposed portfolios:  Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). T...

Other symbols: APLEBNLBXPCUZDEIDOCEPR
5 months ago - Seeking Alpha

City Office REIT, Inc. (CIO) Q3 2024 Earnings Call Transcript

City Office REIT, Inc. (NYSE:CIO) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Tony Maretic - Chief Financial Officer, Treasurer and Corporate Secretary Jamie Fa...

6 months ago - Seeking Alpha

City Office REIT Reports Third Quarter 2024 Results

VANCOUVER , Oct. 31, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended September 30, 2024. Third Q...

6 months ago - PRNewsWire

City Office REIT Announces Third Quarter 2024 Earnings Release and Conference Call

VANCOUVER , Oct. 8, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended September 30, 2...

7 months ago - PRNewsWire