Home » Stocks » CIO

City Office REIT, Inc. (CIO)

Stock Price: $11.33 USD 0.14 (1.25%)
Updated May 7, 2021 4:00 PM EDT - Market closed
Market Cap 491.69M
Revenue (ttm) 160.23M
Net Income (ttm) 45.10M
Shares Out 43.40M
EPS (ttm) -0.06
PE Ratio n/a
Forward PE n/a
Dividend $0.60
Dividend Yield 5.30%
Trading Day May 7
Last Price $11.33
Previous Close $11.19
Change ($) 0.14
Change (%) 1.25%
Day's Open 11.58
Day's Range 11.33 - 11.60
Day's Volume 282,289
52-Week Range 5.94 - 11.60

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation

City Office REIT (CIO) delivered FFO and revenue surprises of 6.45% and -0.07%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 day ago - Zacks Investment Research

VANCOUVER--(BUSINESS WIRE)--City Office REIT (CIO) Announces Q1 2021 Earnings Results

1 day ago - Business Wire

VANCOUVER--(BUSINESS WIRE)--City Office REIT, Inc. (CIO) Announces Q1 2021 Earnings Conference Call

2 weeks ago - Business Wire

VANCOUVER--(BUSINESS WIRE)--City Office REIT, Inc. (NYSE: CIO) (“City Office” or the “Company”) announced today that its Board of Directors has authorized a quarterly dividend amount of $0.15 per share ...

1 month ago - Business Wire

City Office REIT (CIO) delivered FFO and revenue surprises of 0.00% and -0.51%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

VANCOUVER--(BUSINESS WIRE)--City Office REIT CIO Announces Fourth Quarter and Full Year 2020 Results

2 months ago - Business Wire

VANCOUVER--(BUSINESS WIRE)--City Office REIT, Inc. (NYSE: CIO) announced that it has completed the sale of its Cherry Creek property in Denver, Colorado.

2 months ago - Business Wire

City Office REIT has seen some pain caused by the COVID-19 pandemic. There is some long-term uncertainty regarding the business, but a return to normalcy would be very attractive.

3 months ago - Seeking Alpha

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

I'm not recommending market timing, which is downright dangerous, especially since there are many risk factors weighing on REITs these days.

Other stocks mentioned: CLPR, DEA
4 months ago - Seeking Alpha

There are acres and acres worth of common “stones” available out there. Some of them are obviously not worth picking up.

Other stocks mentioned: GMRE
5 months ago - Seeking Alpha

The REIT sectors benefitting from today's structural tailwinds include cell towers, data centers, life science, and single-family residential. We need to use caution to properly adapt to the changes aro...

Other stocks mentioned: BXP, ESRT, KRC, SLG
5 months ago - Seeking Alpha

Top Ranked Income Stocks to Buy for November 16th

Other stocks mentioned: EFC, NLY, RC
5 months ago - Zacks Investment Research

City Office REIT suffers from headline risk due to its exposure to Office real estate, but its fundamentals remain strong. Its strategic markets have seen less employment reductions than gateway markets...

5 months ago - Seeking Alpha

City Office REIT, Inc. (CIO) CEO Jamie Farrar on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

City Office REIT (CIO) delivered FFO and revenue surprises of 12.90% and 4.70%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Trick Or Treat: We're Buying Small-Cap REITs

Other stocks mentioned: CTO, LMRK, PINE, RESI, UBA
6 months ago - Seeking Alpha

Retail Value Inc. again showed top broker estimated net gains of 149.61%, while Two Harbors Investment showed top 18.57% yield (@$5.33 price) out of 350 U.S. REITs per YCharts data 9/17/20.

Other stocks mentioned: ACRE, ARI, BFS, BXMT, CIM, GNL, GOOD ...
7 months ago - Seeking Alpha

Did coronavirus kill the office? Despite reporting near-perfect rent collection throughout the pandemic, office REITs continue to be under pressure as the “Work From Home” paradigm threatens the long-te...

Other stocks mentioned: AAT, AHH, DEA, EQC, ESRT, FSP, KRC ...
8 months ago - Seeking Alpha

Publicly traded small-cap companies of any kind – real estate investment trust or otherwise – might not seem like your cup of tea at the moment.

Other stocks mentioned: PLYM
8 months ago - Forbes

City Office REIT (CIO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

8 months ago - Zacks Investment Research

The bear case that offices will become less relevant is real, but CIO is well-positioned and bearish outcomes are priced into the stock.

8 months ago - Seeking Alpha

City Office REIT- Emerging Post-Covid Trends And Selloff Create Buying Opportunity

8 months ago - Seeking Alpha

I’m investing in select New York City stocks. And I’m confident certain other big-city focused REITs will survive the pandemic and even go on to thrive again.

Other stocks mentioned: STAG
8 months ago - Forbes

City Office REIT, Inc. (CIO) CEO Jamie Farrar on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

City Office REIT (CIO) delivered FFO and revenue surprises of 7.41% and 1.44%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Is City Office REIT(CIO) a great pick from the value investor's perspective right now? Read on to know more.

9 months ago - Zacks Investment Research

City Office REIT (CIO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

9 months ago - Zacks Investment Research

The work-from-home boom triggered by the coronavirus pandemic is creating uncertainties as well as solid prospects for office REITs.

Other stocks mentioned: CUZ, HIW, OFC
10 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for July 6th

Other stocks mentioned: BBL, BGS
10 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for June 12th

Other stocks mentioned: AB, BGS, EVA
10 months ago - Zacks Investment Research

When Life Gives You Lemons

Other stocks mentioned: LMRK
10 months ago - Seeking Alpha

Top Ranked Income Stocks to Buy for June 5th

Other stocks mentioned: EVA, MMLP, SACH
11 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for June 3rd

Other stocks mentioned: BGS, FRO, MMLP
11 months ago - Zacks Investment Research

City Office REIT's (CIO) CEO Jamie Farrar on Q1 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

City Office REIT (CIO) delivered FFO and revenue surprises of 0.00% and 1.97%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

City Office REIT, Inc. (CIO) CEO Jamie Farrar on Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

City Office REIT (CIO) delivered FFO and revenue surprises of -3.85% and -3.51%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

7 Lucky High-Yielding REITs For 2020

Other stocks mentioned: BRMK, CXW, IRM, PK, PLYM, SKT
1 year ago - Seeking Alpha

The Top 10 REIT SWAN-A-Bees For 2020

Other stocks mentioned: BPY, CONE, DOC, EXR, IRM, MNR, PK ...
1 year ago - Seeking Alpha

City Office REIT, Inc. (CIO) CEO Jamie Farrar on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

City Office REIT (CIO) delivered FFO and revenue surprises of -6.45% and -1.04%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Capital improvements at City Office REIT's (CIO) properties expected to have helped the company witness occupancy gains and higher rents in Q3.

1 year ago - Zacks Investment Research

These seven REITs to buy would likely offer a more lucrative, stable investment than taking a position in a prospective WeWork stock.

Other stocks mentioned: BXP, COR, DEA, DLR, HIW, HPP
1 year ago - InvestorPlace

We’ve been overweight technology-based REITs for quite some time. That’s because we recognize that cell towers, data centers, and logistics are the REIT “trifecta” with the best overall returns.

Other stocks mentioned: IRM, QTS, VICI
1 year ago - Seeking Alpha

Is (CIO) Outperforming Other Finance Stocks This Year?

1 year ago - Zacks Investment Research

Q3 earnings season is almost upon us, as the big banks are set to officially kick-off the season in mid-October.

Other stocks mentioned: LHX, NFG
1 year ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for September 19th

Other stocks mentioned: AJX, OXLC, WDR
1 year ago - Zacks Investment Research

REITs are great options for income investors. With the yield on the 10-year U.S.

Other stocks mentioned: ILPT, SAFE
1 year ago - Zacks Investment Research

CIO is the smallest office REIT that has consistently outperformed its peers since it went public in 2014.

1 year ago - Seeking Alpha

About CIO

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 September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (NRA).

Industry
REIT-Office
IPO Date
Apr 15, 2014
CEO
James Farrar
Employees
20
Stock Exchange
NYSE
Ticker Symbol
CIO
Full Company Profile

Financial Performance

In 2020, CIO's revenue was $160.84 million, an increase of 2.91% compared to the previous year's $156.30 million. Earnings were $4.53 million, an increase of 151.78%.

Financial Statements

Analyst Forecasts

According to 7 analysts, the average rating for CIO stock is "Buy." The 12-month stock price forecast is 11.55, which is an increase of 1.94% from the latest price.

Price Target
$11.55
(1.94% upside)
Analyst Consensus: Buy