City Office REIT, Inc. (CIO)

NYSE: CIO · IEX Real-Time Price · USD
12.74
-0.04 (-0.35%)
Jun 29, 2022 12:53 PM EDT - Market open
-0.35%
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...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Apr 15, 2014
CEO James Farrar
Employees 19
Stock Exchange NYSE
Ticker Symbol CIO
Full Company Profile

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 Statements

Analyst 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.

Price Target
$17.85
(40.16% upside)
Analyst Consensus: Buy
Stock Forecasts

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?

Other symbols: OHI

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...

7 Safe Small-Cap Stocks to Buy Now

If you're looking for resilient plays with high upside potential, consider these seven safe small-cap stocks to buy. The post 7 Safe Small-Cap Stocks to Buy Now appeared first on InvestorPlace.

Other symbols: AMPHARCOCLARECPGREIT

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...

3 Cheap Stocks Paying Over 3% Dividends

A REIT, a telecommunications company and an insurance provider

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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?

CIO vs. EGP: Which Stock Is the Better Value Option?

Other symbols: EGP

Best Income Stocks to Buy for February 9th

CIO, WBS, and BMRC made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 9, 2022

Other symbols: BMRCWBS

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...

7 REITs With Major Upside Potential in 2022

The focus with most REITs may be on their income potential, but with these seven, appreciation potential is the main appeal. The post 7 REITs With Major Upside Potential in 2022 appeared first on Invest...

Other symbols: ALXFPILTCVNO

Best Income Stocks to Buy for January 31st

ETD, CIO, and MSBI made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 31, 2022

Other symbols: ETDMSBI

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

Other symbols: DEOIBKR

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

Other symbols: HBNCMOFG

CIO vs. LSI: Which Stock Should Value Investors Buy Now?

CIO vs. LSI: Which Stock Is the Better Value Option?

Other symbols: LSI

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 ...