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City Office REIT, Inc. (CIO)

Stock Price: $9.02 USD 0.41 (4.76%)
Updated November 23, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 391.44M
Revenue (ttm) 160.06M
Net Income (ttm) -424,000
Shares Out 43.40M
EPS (ttm) -0.01
PE Ratio n/a
Forward PE n/a
Dividend $0.60
Dividend Yield 6.65%

Stock Quote

Trading Day November 23
Last Price $9.02
Previous Close $8.61
Change ($) 0.41
Change (%) 4.76%
Day's Open 8.73
Day's Range 8.67 - 9.10
Day's Volume 191,558
52-Week Range 6.12 - 14.16

More Stats

Market Cap 391.44M
Enterprise Value 1.01B
Earnings Date (est) Mar 4, 2021
Ex-Dividend Date Oct 7, 2020
Shares Outstanding 43.40M
Float 42.12M
EPS (basic) n/a
EPS (diluted) -0.01
FCF / Share 0.93
Dividend $0.60
Dividend Yield 6.65%
Earnings Yield n/a
FCF Yield 10.38%
Payout Ratio n/a
Shares Short 656,688
Short Ratio 2.40
Short % of Float 1.56%
Beta 1.22
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 9.64
PS Ratio 2.45
PB Ratio 1.18
Revenue 160.06M
Operating Income 30.85M
Net Income -424,000
Free Cash Flow 40.62M
Net Cash -622.17M
Net Cash / Share -14.34
Gross Margin 61.84%
Operating Margin 19.28%
Profit Margin -0.30%
FCF Margin 25.37%
ROA 1.75%
ROE 1.71%
ROIC 2.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (7)

Buy 4
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$10.29*
(14.08% upside)
Low
8.00
Current: $9.02
High
13.00
Target: 10.29
*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 (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?).