City Office REIT, Inc. (CIO)

NYSE: CIO · IEX Real-Time Price · USD
4.97
-0.08 (-1.68%)
Jun 5, 2023, 1:36 PM EDT - Market open
-1.68%
Market Cap 198.49M
Revenue (ttm) 181.59M
Net Income (ttm) -14.25M
Shares Out 39.94M
EPS (ttm) -0.34
PE Ratio n/a
Forward PE 384.62
Dividend $0.40 (8.06%)
Ex-Dividend Date Jul 6, 2023
Volume 159,530
Open 5.04
Previous Close 5.05
Day's Range 4.95 - 5.07
52-Week Range 4.03 - 14.24
Beta 1.58
Analysts Buy
Price Target 10.33 (+108.06%)
Earnings Date May 5, 2023

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”). [Read more]

Industry REIT - Office
Sector Real Estate
IPO Date Apr 15, 2014
Employees 23
Stock Exchange NYSE
Ticker Symbol CIO
Full Company Profile

Financial Performance

In 2022, CIO's revenue was $180.49 million, an increase of 10.02% compared to the previous year's $164.04 million. Earnings were $9.57 million, a decrease of -97.99%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CIO stock is "Buy." The 12-month stock price forecast is $10.33, which is an increase of 108.06% from the latest price.

Price Target
$10.33
(108.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

City Office REIT Announces Dividends for Second Quarter 2023

VANCOUVER , May 5, 2023 /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 amoun...

1 month ago - PRNewsWire

City Office REIT Reports First Quarter 2023 Results

VANCOUVER , May 5, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended March 31, 2023. First Quarter...

1 month ago - PRNewsWire

City Office REIT Announces First Quarter 2023 Earnings Release and Conference Call

VANCOUVER , April 10, 2023 /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, 202...

1 month ago - PRNewsWire
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City Office REIT Announces Dividends for First Quarter 2023

VANCOUVER , March 14, 2023 /PRNewswire/ -- 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...

2 months ago - PRNewsWire

City Office REIT Announces New Board Member and Board Role Changes

VANCOUVER , Feb. 23, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") today announced the appointment of a new member to the Company's Board of Directors (the "...

3 months ago - PRNewsWire

City Office REIT Reports Fourth Quarter and Full Year 2022 Results

VANCOUVER , Feb. 23, 2023 /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, ...

3 months ago - PRNewsWire

City Office REIT Announces Tax Treatment of 2022 Distributions

VANCOUVER , Jan. 30, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("the Company"), today announced the tax treatment of its 2022 distributions to holders of the Company's common stock and 6...

4 months ago - PRNewsWire

City Office REIT Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

VANCOUVER , Jan. 12, 2023 /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...

5 months ago - PRNewsWire
}

City Office REIT Announces Dividends for Fourth Quarter 2022

VANCOUVER , Dec. 15, 2022 /PRNewswire/ -- 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 ...

6 months ago - PRNewsWire

City Office REIT Reports Third Quarter 2022 Results

VANCOUVER , Nov. 7, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended September 30, 2022. Third Qu...

7 months ago - PRNewsWire

City Office REIT Announces Third Quarter 2022 Earnings Release and Conference Call

VANCOUVER , Oct. 6, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended September 30, 2...

8 months ago - PRNewsWire

Check Out A REIT That Just Brought Back Its Dividend After Years - And Another High Yielder In The Sector

Real Estate Investment Trust REITs have emerged as an efficient diversification strategy to hedge against inflation, offering high dividend yields, strong long-term returns, and liquidity.

Other symbols: HT
9 months ago - Benzinga

City Office REIT Announces Dividends for Third Quarter 2022

VANCOUVER , Sept. 15, 2022 /PRNewswire/ -- 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...

9 months ago - PRNewsWire
}

City Office REIT Reports Second Quarter 2022 Results

VANCOUVER , Aug. 4, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended June 30, 2022. Second Quarte...

10 months ago - PRNewsWire

City Office REIT Announces Second Quarter 2022 Earnings Release and Conference Call

VANCOUVER , July 7, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended June 30, 2022, ...

11 months ago - PRNewsWire

City Office REIT Announces Dividends for Second Quarter 2022

VANCOUVER , June 16, 2022 /PRNewswire/ -- 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 ...

1 year ago - PRNewsWire

City Office REIT Announces Sale of Lake Vista Pointe Property for $43.8 Million

VANCOUVER , June 15, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today that it has completed the previously announced sale of its Lake Vista Poin...

1 year ago - PRNewsWire

City Office REIT Reports First Quarter 2022 Results

VANCOUVER , May 5, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended March 31, 2022. First Quarter...

1 year ago - PRNewsWire

City Office REIT Announces First Quarter 2022 Earnings Release and Conference Call

VANCOUVER , April 8, 2022 /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, 2022...

1 year ago - PRNewsWire

City Office REIT Announces Dividends for First Quarter 2022

VANCOUVER, March 15, 2022 /PRNewswire/ -- 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 ...

1 year ago - PRNewsWire

3 Cheap Stocks Paying Over 3% Dividends

A REIT, a telecommunications company and an insurance provider

Other symbols: TIMBUNM
1 year ago - GuruFocus

City Office REIT Reports Fourth Quarter and Full Year 2021 Results

VANCOUVER, Feb. 25, 2022 /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, 2...

1 year ago - PRNewsWire

City Office REIT Announces Tax Treatment of 2021 Distributions

VANCOUVER, Feb. 2, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("the Company"), today announced the tax treatment of its 2021 distributions to holders of the Company's common stock and 6.6...

1 year ago - PRNewsWire

City Office REIT Announces Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

VANCOUVER, Jan. 18, 2022 /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 Decemb...

1 year ago - PRNewsWire

City Office REIT Announces Raleigh Acquisition

VANCOUVER, Dec. 31, 2021 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today that it has closed the acquisition of Bloc 83, a premier two-building offic...

1 year ago - PRNewsWire