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City Office REIT, Inc. (CIO)

Stock Price: $9.20 USD 0.25 (2.79%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 437.66M
Revenue (ttm) 157.74M
Net Income (ttm) 3.00M
Shares Out 47.30M
EPS (ttm) -0.10
PE Ratio n/a
Forward PE n/a
Dividend $0.60
Dividend Yield 6.52%

Stock Quote

Trading Day Aug 7, 2020
Last Price $9.20
Previous Close $8.95
Change ($) 0.25
Change (%) 2.79%
Day's Open 8.85
Day's Range 8.82 - 9.21
Day's Volume 206,824
52-Week Range 6.50 - 14.50

More Stats

Market Cap 437.66M
Enterprise Value 1.06B
Earnings Date (est) Nov 9, 2020
Ex-Dividend Date Jul 9, 2020
Shares Outstanding 47.30M
Float 43.06M
EPS (basic) -0.09
EPS (diluted) -0.10
FCF / Share -0.14
Dividend $0.60
Dividend Yield 6.52%
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 914,898
Short Ratio 1.74
Short % of Float 2.68%
Beta 1.19
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 2.77
PB Ratio 0.99
Revenue 157.74M
Operating Income 28.97M
Net Income 3.00M
Free Cash Flow -6.41M
Net Cash -621.65M
Net Cash / Share -13.07
Gross Margin 62.75%
Operating Margin 18.36%
Profit Margin -2.80%
FCF Margin -4.06%
ROA 1.59%
ROE 0.90%
ROIC 1.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (7)

Buy 4
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$11.00*
(19.57% upside)
Low
9.00
Current: $9.20
High
13.00
Target: 11.00
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015201420132012
Revenue15612910672.4655.0536.9020.4911.52
Revenue Growth20.71%21.6%46.96%31.62%49.21%80.06%77.94%-
Gross Profit98.9879.6163.6044.0533.3321.8812.035.47
Operating Income28.7615.6315.22-0.304.532.622.771.30
Net Income1.8038.175.76-0.84-6.59-5.01-4.13-1.60
Shares Outstanding44.0037.3230.2020.4612.418.486.58-
Earnings Per Share-0.130.82-0.05-0.13-0.53-0.59--
Dividend Per Share0.940.940.940.940.710.65--
Dividend Growth0%0%0%33.33%7.96%---
Operating Cash Flow49.5042.1936.5519.1514.167.797.235.38
Capital Expenditures-124-278-257-258-172-93.72-75.21-17.53
Free Cash Flow-74.86-236-221-239-158-85.93-67.98-12.16
Cash & Equivalents87.5233.1535.0129.6523.3145.9614.504.70
Total Debt60764549037034119011053.26
Net Cash / Debt-520-612-454-340-318-144-95.42-48.55
Assets1,2281,10089666144030214361.02
Liabilities67970253740536621011555.01
Book Value54839736025465.8580.1126.626.15
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name City Office REIT, Inc.
Country Canada
Employees 20
CEO James Thomas Farrar

Stock Information

Ticker Symbol CIO
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Office
Unique Identifier NYSE: CIO
IPO Date April 15, 2014

Description

City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At March 31, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (?NRA?).