City Office REIT, Inc. (CIO)
Stock Price:
$9.02 USD
0.41 (4.76%)
Updated November 23, 4:00 PM EST - Market closed
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|
| Revenue | 156 | 129 | 106 | 72.46 | 55.05 | 36.90 | 20.49 | 11.52 |
| Revenue Growth | 20.71% | 21.6% | 46.96% | 31.62% | 49.21% | 80.06% | 77.94% | - |
| Gross Profit | 98.98 | 79.61 | 63.60 | 44.05 | 33.33 | 21.88 | 12.03 | 5.47 |
| Operating Income | 28.76 | 15.63 | 15.22 | -0.30 | 4.53 | 2.62 | 2.77 | 1.30 |
| Net Income | 1.80 | 38.17 | 5.76 | -0.84 | -6.59 | -5.01 | -4.13 | -1.60 |
| Shares Outstanding | 44.00 | 37.32 | 30.20 | 20.46 | 12.41 | 8.48 | 6.58 | - |
| Earnings Per Share | -0.13 | 0.82 | -0.05 | -0.13 | -0.53 | -0.59 | - | - |
| Dividend Per Share | 0.94 | 0.94 | 0.94 | 0.94 | 0.71 | 0.65 | - | - |
| Dividend Growth | 0% | 0% | 0% | 33.33% | 7.96% | - | - | - |
| Operating Cash Flow | 49.50 | 42.19 | 36.55 | 19.15 | 14.16 | 7.79 | 7.23 | 5.38 |
| 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 & Equivalents | 87.52 | 33.15 | 35.01 | 29.65 | 23.31 | 45.96 | 14.50 | 4.70 |
| Total Debt | 607 | 645 | 490 | 370 | 341 | 190 | 110 | 53.26 |
| Net Cash / Debt | -520 | -612 | -454 | -340 | -318 | -144 | -95.42 | -48.55 |
| Assets | 1,228 | 1,100 | 896 | 661 | 440 | 302 | 143 | 61.02 |
| Liabilities | 679 | 702 | 537 | 405 | 366 | 210 | 115 | 55.01 |
| Book Value | 548 | 397 | 360 | 254 | 65.85 | 80.11 | 26.62 | 6.15 |
Numbers in millions USD, except per-share numbers.
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?).