City Office REIT (CIO) to Release Earnings on Thursday

City Office REIT (NYSE:CIO - Get Free Report) is anticipated to release its Q2 2025 earnings data before the market opens on Thursday, July 31st. Analysts expect City Office REIT to post earnings of $0.28 per share and revenue of $42.54 million for the quarter. City Office REIT has set its FY 2025 guidance at 1.100-1.140 EPS.

City Office REIT (NYSE:CIO - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.03. The company had revenue of $42.26 million during the quarter, compared to analyst estimates of $42.38 million. City Office REIT had a negative net margin of 11.11% and a negative return on equity of 2.98%. On average, analysts expect City Office REIT to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

City Office REIT Stock Up 24.0%

CIO stock traded up $1.34 during mid-day trading on Thursday, hitting $6.90. 11,229,845 shares of the company were exchanged, compared to its average volume of 121,388. The firm has a fifty day simple moving average of $5.30 and a 200 day simple moving average of $5.12. The company has a current ratio of 3.29, a quick ratio of 3.29 and a debt-to-equity ratio of 1.05. City Office REIT has a twelve month low of $4.19 and a twelve month high of $6.93. The company has a market capitalization of $278.28 million, a PE ratio of -10.61, a price-to-earnings-growth ratio of 0.90 and a beta of 1.65.

City Office REIT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 24th. Stockholders of record on Thursday, July 10th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 5.80%. The ex-dividend date of this dividend is Thursday, July 10th. City Office REIT's dividend payout ratio (DPR) is presently -61.54%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in City Office REIT stock. Strs Ohio purchased a new stake in City Office REIT, Inc. (NYSE:CIO - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 7,800 shares of the real estate investment trust's stock, valued at approximately $40,000. Institutional investors and hedge funds own 67.47% of the company's stock.

City Office REIT Company Profile

City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 5.7 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for U.S.