NYSE:CIO City Office REIT (CIO) Stock Price, News & Analysis $6.10 +0.08 (+1.33%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$5.95▼$6.1250-Day Range$4.70▼$6.1052-Week Range$3.45▼$6.70Volume176,016 shsAverage Volume210,831 shsMarket Capitalization$244.71 millionP/E RatioN/ADividend Yield6.56%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get City Office REIT alerts: Email Address City Office REIT MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.85% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.50Upright™ Environmental ScoreNews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-2.86%From $1.05 to $1.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.80 out of 5 starsFinance Sector452nd out of 898 stocksReal Estate Investment Trusts Industry88th out of 181 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for City Office REIT.Read more about City Office REIT's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.85% of the float of City Office REIT has been sold short.Short Interest Ratio / Days to CoverCity Office REIT has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in City Office REIT has recently decreased by 9.86%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipCity Office REIT is a leading dividend payer. It pays a dividend yield of 6.66%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCity Office REIT does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, City Office REIT will have a dividend payout ratio of 39.22% next year. This indicates that City Office REIT will be able to sustain or increase its dividend.Read more about City Office REIT's dividend. Previous Next 1.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCity Office REIT has received a -28.20% net impact score from Upright. City Office REIT uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Real estate funds investing in office buildings" product. See details.Environmental SustainabilityThe Environmental Impact score for City Office REIT is -2.50. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for City Office REIT this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for CIO on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows2 people have added City Office REIT to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, City Office REIT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.90% of the stock of City Office REIT is held by insiders.Percentage Held by Institutions67.47% of the stock of City Office REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about City Office REIT's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for City Office REIT are expected to decrease by -2.86% in the coming year, from $1.05 to $1.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of City Office REIT is -21.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of City Office REIT is -21.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioCity Office REIT has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioCity Office REIT has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about City Office REIT's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here About City Office REIT Stock (NYSE:CIO)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. federal income tax purposes.Read More CIO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CIO Stock News HeadlinesJuly 18, 2024 | americanbankingnews.comCity Office REIT, Inc. (NYSE:CIO) Short Interest Up 6.7% in JuneJune 28, 2024 | prnewswire.comCity Office REIT Announces Second Quarter 2024 Earnings Release and Conference CallJuly 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.June 14, 2024 | prnewswire.comCity Office REIT Announces Dividends for Second Quarter 2024May 13, 2024 | seekingalpha.comCity Office REIT: The 8.4% Dividend Yield Looks StableMay 4, 2024 | finance.yahoo.comCity Office REIT, Inc. (NYSE:CIO) Q1 2024 Earnings Call TranscriptMay 3, 2024 | investorplace.comCIO Stock Earnings: City Office REIT Beats EPS, Beats Revenue for Q1 2024May 3, 2024 | msn.comCity Office REIT beats top-line and bottom-line estimates; updates FY24 outlookJuly 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 3, 2024 | washingtonpost.comCity Office REIT: Q1 Earnings SnapshotMay 3, 2024 | markets.businessinsider.comCity Office REIT Posts Wider Loss In Q1; Lowers 2024 Core FFO Per Share GuidanceMay 3, 2024 | finance.yahoo.comCity Office REIT Inc (CIO) First Quarter 2024 Earnings OverviewMay 3, 2024 | prnewswire.comCity Office REIT Reports First Quarter 2024 ResultsMay 2, 2024 | msn.comCity Office REIT Q1 2024 Earnings PreviewMay 2, 2024 | markets.businessinsider.comCity Office REIT earnings: here's what Wall Street expectsMay 1, 2024 | tmcnet.comGovCIO Opens New Office Near Joint Base CharlestonMay 1, 2024 | sg.finance.yahoo.comInvestors scour the globe for shelter as Wall Street shakesApril 28, 2024 | bizjournals.comDallas chief information officer, who oversaw city's response to 2023 ransomware attack, is resigningSee More Headlines Receive CIO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for City Office REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/22/2024Ex-Dividend for 7/24 Dividend7/10/2024Dividend Payable7/24/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryTrading Current SymbolNYSE:CIO CUSIPN/A CIK1593222 Webwww.cityofficereit.com Phone(604) 806-3366FaxN/AEmployees20Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.28) Trailing P/E RatioN/A Forward P/E Ratio5.80 P/E Growth0.89Net Income$-2,680,000.00 Net Margins-2.24% Pretax Margin-1.89% Return on Equity-0.60% Return on Assets-0.26% Debt Debt-to-Equity Ratio1.02 Current Ratio3.23 Quick Ratio3.23 Sales & Book Value Annual Sales$179.10 million Price / Sales1.37 Cash Flow$1.69 per share Price / Cash Flow3.60 Book Value$16.54 per share Price / Book0.37Miscellaneous Outstanding Shares40,150,000Free Float38,588,000Market Cap$244.71 million OptionableOptionable Beta1.94 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. James Thomas Farrar CFA (Age 48)CEO & Director Comp: $1.17MMr. Gregory Tylee (Age 52)COO & President Comp: $1.17MMr. Anthony Maretic C.A. (Age 52)CFO, Secretary & Treasurer Comp: $846.29kMs. Stephanie ChungSenior Vice President of FinanceMr. Ken PoolSenior Vice President of OperationsKey CompetitorsKKR Real Estate Finance TrustNYSE:KREFTPG RE Finance TrustNYSE:TRTXCommunity Healthcare TrustNYSE:CHCTUP FintechNASDAQ:TIGRAssociated Capital GroupNYSE:ACView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 18,201 shares on 7/26/2024Ownership: 0.416%Sumitomo Mitsui Trust Holdings Inc.Sold 2,975 shares on 7/19/2024Ownership: 0.094%Blue Trust Inc.Bought 5,052 shares on 7/18/2024Ownership: 0.013%DekaBank Deutsche GirozentraleSold 5,157 shares on 6/4/2024Ownership: 0.049%EMC Capital ManagementBought 1,972 shares on 5/20/2024Ownership: 0.053%View All Insider TransactionsView All Institutional Transactions CIO Stock Analysis - Frequently Asked Questions How have CIO shares performed this year? City Office REIT's stock was trading at $6.11 on January 1st, 2024. Since then, CIO shares have decreased by 0.2% and is now trading at $6.0950. View the best growth stocks for 2024 here. How were City Office REIT's earnings last quarter? City Office REIT, Inc. (NYSE:CIO) issued its earnings results on Thursday, February, 22nd. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.42. The real estate investment trust earned $44.32 million during the quarter, compared to analyst estimates of $44.47 million. City Office REIT had a negative net margin of 2.24% and a negative trailing twelve-month return on equity of 0.60%. Who are City Office REIT's major shareholders? City Office REIT's top institutional shareholders include Bank of New York Mellon Corp (0.42%), Sumitomo Mitsui Trust Holdings Inc. (0.09%) and Blue Trust Inc. (0.01%). Insiders that own company stock include Michael Mazan, William R Flatt and James Thomas Farrar. View institutional ownership trends. How do I buy shares of City Office REIT? Shares of CIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of City Office REIT own? Based on aggregate information from My MarketBeat watchlists, some other companies that City Office REIT investors own include Energy Transfer (ET), New Residential Investment (NRZ), AGNC Investment (AGNC), CBL & Associates Properties (CBL), Western Asset Mortgage Capital (WMC), AT&T (T) and NGL Energy Partners (NGL). This page (NYSE:CIO) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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