City Office REIT Company Profile (NYSE:CIO)

Analyst Ratings

Consensus Ratings for City Office REIT (NYSE:CIO) (?)
Ratings Breakdown: 4 Buy Rating(s)
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $14.25 (5.09% upside)

Analysts' Ratings History for City Office REIT (NYSE:CIO)
Show:
DateFirmActionRatingPrice TargetActions
7/18/2016Deutsche Bank AGReiterated RatingBuy$14.50 -> $15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/12/2016Compass PointReiterated RatingBuy$12.50 -> $13.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/9/2016WunderlichLower Price TargetBuy$15.50 -> $14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/9/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/4/2015Janney Montgomery ScottInitiated CoverageBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/18/2014DA DavidsonInitiated CoverageBuy$14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/30/2014 forward)

Earnings

Earnings History for City Office REIT (NYSE:CIO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/4/2016Q216($0.11)$16.16 millionN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/5/2016Q116($0.19)$0.32$16.33 million$16.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/3/2016Q415($0.04)$0.37$16.81 million$17.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2015Q315($0.08)$0.33$13.18 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2015Q215($0.05)$0.27$11.48 million$11.63 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/8/2015Q115$0.27$0.26$11.40 million$11.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/5/2015Q414$0.27$0.26$10.34 million$10.53 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/17/2014$0.25$0.26ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/14/2014$0.25$0.22ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for City Office REIT (NYSE:CIO)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.29$0.34$0.32
Q2 20162$0.21$0.31$0.26
Q3 20163$0.26$0.36$0.30
Q4 20162$0.29$0.33$0.31
Q1 20172$0.31$0.34$0.33
Q2 20172$0.32$0.35$0.34
Q3 20172$0.31$0.35$0.33
Q4 20172$0.32$0.35$0.34
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for City Office REIT (NYSE:CIO)
Annual Dividend:$0.94
Dividend Yield:6.93%
Payout Ratio:-91.26% (Based on Trailing 12 Months of Earnings)
97.92% (Based on Current Year Consensus EPS Estimate)
82.46% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for City Office REIT (NYSE:CIO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
6/21/2016quarterly$0.247.69%7/5/20167/7/20167/21/2016Tweet This Announcement  Share This Announcement on StockTwits
3/16/2016quarterly$0.247.65%4/1/20164/5/20164/19/2016Tweet This Announcement  Share This Announcement on StockTwits
12/21/2015quarterly$0.247.95%1/4/20161/6/20161/20/2016Tweet This Announcement  Share This Announcement on StockTwits
9/16/2015quarterly$0.248.92%10/1/201510/5/201510/19/2015Tweet This Announcement  Share This Announcement on StockTwits
6/16/2015quarterly$0.247.53%6/30/20157/3/20157/17/2015Tweet This Announcement  Share This Announcement on StockTwits
3/20/2015quarterly$0.247.39%3/31/20154/3/20154/17/2015Tweet This Announcement  Share This Announcement on StockTwits
12/16/2014quarterly$0.247.52%12/31/20141/5/20151/16/2015Tweet This Announcement  Share This Announcement on StockTwits
9/15/2014quarterly$0.247.34%10/1/201410/3/201410/17/2014Tweet This Announcement  Share This Announcement on StockTwits
5/12/2014quarterly$0.187/1/20147/3/20147/17/2014Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for City Office REIT (NYSE:CIO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
5/13/2016John R MclernonDirectorBuy1,500$11.56$17,340.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/9/2016Samuel BelzbergDirectorBuy1,500$12.00$18,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/7/2016Stephen B ShraibergDirectorBuy5,000$12.01$60,050.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/23/2015Samuel BelzbergDirectorBuy55,000$11.10$610,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/12/2015Samuel BelzbergDirectorBuy11,520$11.00$126,720.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/11/2015James Thomas FarrarCEOBuy8,650$11.16$96,534.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/11/2015William R FlattDirectorBuy3,000$11.19$33,570.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/17/2014Stephen B ShraibergDirectorBuy13,000$12.56$163,280.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/15/2014Gregory TyleeCOOBuy1,500$12.55$18,825.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/10/2014Anthony MareticCFOBuy6,900$12.59$86,871.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/10/2014Stephen B ShraibergDirectorBuy30,000$12.50$375,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/9/2014James Thomas FarrarCEOBuy8,000$12.64$101,120.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/8/2014Gregory TyleeCOOBuy1,400$12.61$17,654.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/24/2014William R FlattDirectorBuy1,260$13.29$16,745.40View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/4/2014William R FlattDirectorBuy173$12.50$2,162.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/3/2014William R FlattDirectorBuy67$12.50$837.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/27/2014James Thomas FarrarCEOBuy10,000$12.80$128,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/19/2014Stephen B ShraibergDirectorBuy5,000$12.57$62,850.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/10/2014Mark Wilhelm MurskiDirectorBuy4,000$12.52$50,080.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/30/2014John R MclernonDirectorBuy6,000$12.36$74,160.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/29/2014James Thomas FarrarCEOBuy8,000$12.31$98,480.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for City Office REIT (NYSE:CIO)
DateHeadline
07/21/16 08:45 PMCity Office REIT : Announces OP Unit Redemption and Addition of Jeffrey Kohn to Board of Directors
07/20/16 11:16 AMCity Office REIT (NYSE:CIO) target price bumped up to $15, reported today by Deutsche Bank
07/20/16 05:03 AMCITY OFFICE REIT, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities, Change in Directors or Principal O -
07/15/16 06:18 AMCity Office REIT Announces OP Unit Redemption and Addition of Jeffrey Kohn to Board of Directors - [at noodls] - VANCOUVER, July 15, 2016 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ('City Office' or the 'Company') announced today that the Company, upon receiving a redemption request from certain limited partners ...
07/14/16 06:18 PMCity Office REIT Announces Second Quarter 2016 Earnings Release and Conference Call - [at noodls] - VANCOUVER, July 14, 2016 /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, 2016, ...
07/01/16 03:16 PMCity Office REIT To Buy $76M In Florida Properties
06/30/16 11:58 AMCity Office REIT, Inc. : CIO-US: Dividend Analysis : July 07th, 2016 (record date) : By the numbers : June 30, 2016 -
06/30/16 11:01 AMCity Office REIT to Acquire $76 Million of Office Properties in Florida
06/27/16 05:31 AMCity Office REIT Added to the Russell 2000®, Russell 3000® and Russell Global Indexes - [at noodls] - VANCOUVER, June 27, 2016 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) today announced that it has been added to the Russell 2000 Index upon Russell Investments' reconstitution of its comprehensive ...
06/22/16 08:31 PMCity Office REIT Sells Stabler Corporate Center Bldg
06/21/16 07:58 AMCity Office REIT (CIO) Declares $0.235 Quarterly Dividend; 7.7% Yield
06/20/16 03:01 PMCity Office REIT Announces Dividend for Second Quarter 2016 - [PR Newswire] - VANCOUVER, June 20, 2016 /PRNewswire/ -- City Office REIT, Inc. (CIO) announced today that its Board of Directors declared a quarterly dividend of $0.235 per share for the second quarter of 2016. The dividend will be payable on July 21, 2016 to all common stockholders and operating partnership unitholders of record as of the close of business on July 7, 2016. City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located in leading markets in the Southern and Western United States. City Office currently owns or has an interest in 3.1 million square feet of office properties. Additional information about City Office is available on the Company's website at www.cityofficereit.com. The Company has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes.
06/20/16 09:34 AMCity Office REIT Is Poised To Profit
05/31/16 12:54 PMCoverage initiated on City Office REIT by Deutsche Bank -
05/23/16 01:09 PMCity Office REIT, Inc. :CIO-US: Earnings Analysis: Q1, 2016 By the Numbers : May 23, 2016 -
05/19/16 05:17 AMCITY OFFICE REIT, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders -
02/09/16 03:01 PMCity Office REIT Announces Tax Treatment of 2015 Distributions - [PR Newswire] - VANCOUVER, Feb. 9, 2016 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("the Company"), today announced the tax treatment of its 2015 distributions to holders of the Company's common stock. ...
02/05/16 03:53 PMCITY OFFICE REIT, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Defi -
02/01/16 03:23 PMCity Office REIT, Inc. Announces Closing of Management Internalization - [at noodls] - VANCOUVER, Feb. 1, 2016 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ('City Office' or the 'Company'), announced today that it has completed the closing under the previously announced agreements ...
01/10/16 04:06 AMCity Office REIT Inc (NYSE:CIO) Given Consensus Rating of “Strong Buy” by Analysts - City Office REIT Inc (NYSE:CIO) has earned a consensus broker rating score of 1.00 (Strong Buy) from the four brokers that cover the company, Zacks Investment Research reports. Four research analysts have rated the stock with a strong buy rating.
01/08/16 06:15 AMCity Office REIT Announces Fourth Quarter and Full Year 2015 Earnings Release and Conference Call - [at noodls] - VANCOUVER, Jan. 8, 2016 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ('City Office' or the 'Company'), announced today it will release its financial results for the fourth quarter and full year ended ...
12/18/15 05:09 PMCity Office REIT Announces Dividend for Fourth Quarter 2015 - [at noodls] - VANCOUVER, Dec. 18, 2015 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) announced today that its Board of Directors declared a quarterly dividend of $0.235 per share for the fourth quarter of 2015. ...
12/08/15 12:17 PMCITY OFFICE REIT, INC. Financials -
12/08/15 07:39 AMWhy You Shouldn't Bet Against City Office Reit (CIO) Stock -
11/10/15 08:30 AMThe Zacks Analyst Blog Highlights: CBL & Associates Properties, Rouse Properties, Preferred Apartment Communities and City Office Reit -
11/06/15 07:14 AMCITY OFFICE REIT, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex -
11/06/15 06:07 AMQ3 2015 City Office REIT Inc Earnings Release - Before Market Open -
11/06/15 05:19 AMCity Office REIT reports 3Q results -
11/06/15 05:14 AMCity Office REIT Reports Third Quarter 2015 Results - [at noodls] - VANCOUVER, Nov. 6, 2015 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the 'Company' or 'City Office'), today announced its results for the quarter ended September 30, 2015. ... This is an abstract ...

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About City Office REIT

City Office REIT logoCity Office REIT, Inc. is focused on acquiring, owning and operating Class A and B office properties located within its target markets in the United States. The Company operates in the office properties segment. The Company has over 10 primary target markets, which are located in metropolitan areas in the Southern and Western United States. It owns over 10 office complexes consisting of over 30 office buildings with a total area of approximately 3.3 million square feet of net rentable area (NRA) in the metropolitan areas of Boise (Idaho), Denver (Colorado), Portland (Oregon), Tampa (Florida), Allentown (Pennsylvania), Dallas (Texas) and Orlando (FLorida). Approximately 49.1% of the rental revenue from properties is derived from tenants in these markets that are federal or state government agencies or investment grade tenants. Its principal business objective is to provide risk-adjusted returns to investors over the long-term through a combination of dividends and capital appreciation.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: CIO
  • CUSIP:
Key Metrics:
  • Previous Close: $13.60
  • 50 Day Moving Average: $12.87
  • 200 Day Moving Average: $11.93
  • P/E Ratio: N/A
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Beta: 0.13
  • Current Year EPS Consensus Estimate: $0.96 EPS
  • Next Year EPS Consensus Estimate: $1.14 EPS
Additional Links:
City Office REIT (NYSE:CIO) Chart for Saturday, July, 30, 2016