City Office REIT, Inc. (CIO)
| Market Cap | 224.80M |
| 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 (7.18%) |
| Ex-Dividend Date | Jul 10, 2025 |
| Volume | 123,194 |
| Open | 5.44 |
| Previous Close | 5.48 |
| Day's Range | 5.44 - 5.64 |
| 52-Week Range | 4.19 - 6.50 |
| Beta | 1.65 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jul 31, 2025 |
About CIO
The Company reported that its total portfolio as of March 31, 2025 contained 5.4 million net rentable square feet and was 84.9% occupied, or 87.6% including signed leases not yet occupied. Same Store Cash NOI increased 4.4% for the three months ended March 31, 2025 as compared to the same period in the prior year. [Read more]
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 StatementsNews
NAV Monitor: U.S. Equity REITs Trade At Higher Discount To NAV In June
Publicly listed US equity REITs ended June at a median 19.1% discount to their consensus NAV per share estimates, according to S&P Global Market Intelligence data. The hotel sector traded at the large...
Credit Rating For The Unrated REITs (Part 4): City Office REIT, Inc.
CIO's asset base and leverage are reasonable, but weak liquidity and a challenging operating environment constrain its credit profile to a B3 rating. The preferred stock, CIO.PR.A, is rated Caa2, refl...
City Office REIT Announces Dividends for Second Quarter 2025
VANCOUVER , June 13, 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 amo...
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 - ...
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...
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...
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-...
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...
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 ...
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....
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...
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,...
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 ...
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 ...
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...
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...
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, ...
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...
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...
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...
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.
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...
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...
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...