NYSE:CIO - City Office REIT Stock Price, Forecast & News

City Office REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIO."

City Office REIT announced a quarterly dividend on Monday, December 16th. Investors of record on Friday, January 10th will be paid a dividend of $0.235 per share on Friday, January 24th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.71%. The ex-dividend date of this dividend is Thursday, January 9th. View City Office REIT's Dividend History.

City Office REIT declared that its board has authorized a stock buyback program on Saturday, March 3rd 2018, which permits the company to buyback $40,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

City Office REIT Inc (NYSE:CIO) announced its quarterly earnings data on Thursday, August, 2nd. The real estate investment trust reported ($0.07) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.32. The real estate investment trust had revenue of $30.24 million for the quarter, compared to analyst estimates of $31.09 million. City Office REIT had a negative return on equity of 2.66% and a negative net margin of 5.18%. View City Office REIT's Earnings History.

City Office REIT is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for City Office REIT.

City Office REIT will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 brokerages have issued 12-month price objectives for City Office REIT's shares. Their forecasts range from $12.00 to $15.00. On average, they expect City Office REIT's share price to reach $14.00 in the next twelve months. This suggests that the stock has a possible downside of 0.1%. View Analyst Price Targets for City Office REIT.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for City Office REIT in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for City Office REIT.

Media headlines about CIO stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. City Office REIT earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for City Office REIT.

Some companies that are related to City Office REIT include CYRELA BRAZIL R/S (CYRBY), Lexington Realty Trust (LXP), Brandywine Realty Trust (BDN), Apollo Commercial Real Est. Finance (ARI), American Assets Trust (AAT), Invesco Mortgage Capital (IVR), Columbia Property Trust (CXP), Essential Properties Realty Trust (EPRT), Empire State Realty Trust (ESRT), Hammerson (HMSNF), Colony Capital (CLNY), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Great Portland Estates (GPEAF), Ladder Capital (LADR) and Acadia Realty Trust (AKR).

Based on aggregate information from My MarketBeat watchlists, some companies that other City Office REIT investors own include Energy Transfer LP Unit (ET), New Residential Investment (NRZ), CBL & Associates Properties (CBL), Western Asset Mortgage Capital (WMC), AGNC Investment (AGNC), NGL Energy Partners (NGL), AT&T (T), Ares Capital (ARCC), Arlington Asset Investment (AI) and Invesco Mortgage Capital (IVR).

City Office REIT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.88%), LSV Asset Management (4.50%), State Street Corp (2.35%), Victory Capital Management Inc. (2.26%), Victory Capital Management Inc. (2.06%) and AJO LP (1.16%). Company insiders that own City Office REIT stock include Gregory Tylee, James Thomas Farrar, John Sweet and Stephen B Shraiberg. View Institutional Ownership Trends for City Office REIT.

CIO stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Marshall Wace LLP, Connor Clark & Lunn Investment Management Ltd., Prudential Financial Inc., Martingale Asset Management L P, Keeley Teton Advisors LLC, Principal Financial Group Inc. and Bowling Portfolio Management LLC. View Insider Buying and Selling for City Office REIT.

CIO stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., LSV Asset Management, Bank of Montreal Can, State Street Corp, Renaissance Technologies LLC, Swiss National Bank and Charles Schwab Investment Management Inc.. Company insiders that have bought City Office REIT stock in the last two years include Gregory Tylee, James Thomas Farrar, John Sweet and Stephen B Shraiberg. View Insider Buying and Selling for City Office REIT.

Shares of CIO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CIO stock can currently be purchased for approximately $14.01.

City Office REIT has a market capitalization of $764.25 million and generates $129.48 million in revenue each year. The real estate investment trust earns $38.17 million in net income (profit) each year or $1.08 on an earnings per share basis. City Office REIT employs 18 workers across the globe.View Additional Information About City Office REIT.

The official website for City Office REIT is http://www.cityofficereit.com/.

City Office REIT's mailing address is 666 BURRARD STREET SUITE 3210, VANCOUVER A1, V6C 2X8. The real estate investment trust can be reached via phone at 604-806-3366 or via email at [email protected]