City Office REIT, Inc. (CIO)
| Market Cap | 554.67M |
| Revenue (ttm) | 169.38M |
| Net Income (ttm) | 452.68M |
| Shares Out | 43.55M |
| EPS (ttm) | 10.22 |
| PE Ratio | 1.25 |
| Forward PE | 20.92 |
| Dividend | $0.70 (5.50%) |
| Ex-Dividend Date | Jul 7, 2022 |
| Volume | 103,926 |
| Open | 12.78 |
| Previous Close | 12.78 |
| Day's Range | 12.61 - 12.78 |
| 52-Week Range | 11.05 - 21.70 |
| Beta | 1.57 |
| Analysts | Buy |
| Price Target | 17.85 (+40.2%) |
| Earnings Date | Aug 4, 2022 |
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...]
Financial Performance
In 2021, CIO's revenue was $164.04 million, an increase of 1.99% compared to the previous year's $160.84 million. Earnings were $484.40 million, an increase of 10,600.13%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for CIO stock is "Buy." The 12-month stock price forecast is 17.85, which is an increase of 40.16% from the latest price.
News
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 $0...
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 Pointe...
CIO vs. OHI: Which Stock Is the Better Value Option?
CIO vs. OHI: Which Stock Is the Better Value Option?
Is City Office REIT (CIO) a Great Value Stock Right Now?
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...
City Office REIT (CIO) Surpasses Q1 FFO and Revenue Estimates
City Office REIT (CIO) delivered FFO and revenue surprises of 5.26% and 0.20%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
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 H...
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, ...
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 $0...
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City Office REIT (CIO) Q4 FFO Top Estimates
City Office REIT (CIO) delivered FFO and revenue surprises of 12.50% and 5.14%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
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, 202...
CIO or EGP: Which Is the Better Value Stock Right Now?
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CIO, WBS, and BMRC made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 9, 2022
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 6.625...
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ETD, CIO, and MSBI made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 31, 2022
Here's Why City Office REIT (CIO) Looks Ripe for Bottom Fishing
City Office REIT (CIO) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean...
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 December...
City Office REIT (CIO) Upgraded to Strong Buy: Here's Why
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.
Best Momentum Stocks to Buy for January 7th
CIO, DEO, and IBKR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 7, 2022
Best Income Stocks to Buy for January 7th
CIO, HBNC, and MOFG made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 7, 2022
CIO vs. LSI: Which Stock Should Value Investors Buy Now?
CIO vs. LSI: Which Stock Is the Better Value Option?
City Office REIT (CIO) Expands With Raleigh Property Buyout
City Office REIT (CIO) expands in the Raleigh market with the acquisition of the two-building complex, Bloc 83.
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 office ...