City Office REIT, Inc. (CIO)
| Market Cap | 489.95M |
| Revenue (ttm) | 160.06M |
| Net Income (ttm) | -424,000 |
| Shares Out | 43.59M |
| EPS (ttm) | -0.01 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.69 |
| Dividend Yield | 6.39% |
| Trading Day | February 25 |
| Last Price | $10.72 |
| Previous Close | $11.07 |
| Change ($) | -0.35 |
| Change (%) | -3.16% |
| Day's Open | 11.14 |
| Day's Range | 10.58 - 11.46 |
| Day's Volume | 259,667 |
| 52-Week Range | 6.03 - 11.94 |
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?
VANCOUVER--(BUSINESS WIRE)--City Office REIT CIO Announces Fourth Quarter and Full Year 2020 Results
VANCOUVER--(BUSINESS WIRE)--City Office REIT, Inc. (NYSE: CIO) announced that it has completed the sale of its Cherry Creek property in Denver, Colorado.
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.
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 th...
I'm not recommending market timing, which is downright dangerous, especially since there are many risk factors weighing on REITs these days.
There are acres and acres worth of common “stones” available out there. Some of them are obviously not worth picking up.
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 c...
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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 gatew...
City Office REIT, Inc. (CIO) CEO Jamie Farrar on Q3 2020 Results - Earnings Call Transcript
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?
Trick Or Treat: We're Buying Small-Cap REITs
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.
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 t...
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.
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).
The bear case that offices will become less relevant is real, but CIO is well-positioned and bearish outcomes are priced into the stock.
City Office REIT- Emerging Post-Covid Trends And Selloff Create Buying Opportunity
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.
City Office REIT, Inc. (CIO) CEO Jamie Farrar on Q2 2020 Results - Earnings Call Transcript
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?
Is City Office REIT(CIO) a great pick from the value investor's perspective right now? Read on to know more.
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).
The work-from-home boom triggered by the coronavirus pandemic is creating uncertainties as well as solid prospects for office REITs.
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City Office REIT's (CIO) CEO Jamie Farrar on Q1 2020 Results - Earnings Call Transcript
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?
City Office REIT, Inc. (CIO) CEO Jamie Farrar on Q4 2019 Results - Earnings Call Transcript
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?
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City Office REIT, Inc. (CIO) CEO Jamie Farrar on Q3 2019 Results - Earnings Call Transcript
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?
Capital improvements at City Office REIT's (CIO) properties expected to have helped the company witness occupancy gains and higher rents in Q3.
These seven REITs to buy would likely offer a more lucrative, stable investment than taking a position in a prospective WeWork stock.
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.
Is (CIO) Outperforming Other Finance Stocks This Year?
Q3 earnings season is almost upon us, as the big banks are set to officially kick-off the season in mid-October.
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REITs are great options for income investors. With the yield on the 10-year U.S.
CIO is the smallest office REIT that has consistently outperformed its peers since it went public in 2014.
Does City Office REIT (CIO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here are four stocks with buy rank and strong income characteristics for investors to consider today, September 6th.
City Office REIT (CIO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
About CIO
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).
| Industry REIT-Office | IPO Date Apr 15, 2014 |
| CEO James Farrar | Employees 20 |
| Stock Exchange NYSE | Ticker Symbol CIO |
Financial Performance
In 2019, CIO's revenue was $156.30 million, an increase of 20.71% compared to the previous year's $129.48 million. Earnings were $1.80 million, a decrease of -95.29%.
Analyst Forecasts
According to 7 analysts, the average rating for CIO stock is "Buy." The 12-month stock price forecast is 10.71, which is a decrease of -0.09% from the latest price.