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 declared a quarterly dividend on Monday, December 16th. Shareholders 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 annualized dividend and a yield of 6.87%. The ex-dividend date is Thursday, January 9th. View City Office REIT's Dividend History.

City Office REIT declared that its board has approved a share repurchase plan on Saturday, March 3rd 2018, which allows the company to repurchase $40,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

City Office REIT Inc (NYSE:CIO) issued its earnings results on Thursday, August, 2nd. The real estate investment trust reported ($0.07) EPS for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.32. The real estate investment trust earned $30.24 million during the quarter, compared to analyst estimates of $31.09 million. City Office REIT had a negative net margin of 5.18% and a negative return on equity of 2.66%. 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 Wall Street analysts have issued 12 month price targets for City Office REIT's shares. Their forecasts range from $12.00 to $15.00. On average, they expect City Office REIT's stock price to reach $14.00 in the next year. This suggests a possible upside of 2.3% from the stock's current price. 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 stories about CIO stock have been trending extremely negative on Sunday, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. City Office REIT earned a coverage optimism score of -4.5 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for City Office REIT.

Some companies that are related to City Office REIT include Potlatchdeltic (PCH), American Assets Trust (AAT), Brandywine Realty Trust (BDN), Apollo Commercial Real Est. Finance (ARI), Retail Properties of America (RPAI), RLJ Lodging Trust (RLJ), Lexington Realty Trust (LXP), Hammerson (HMSNF), Empire State Realty Trust (ESRT), Columbia Property Trust (CXP), Washington Real Estate Investment Trust (WRE), Invesco Mortgage Capital (IVR), Essential Properties Realty Trust (EPRT), PennyMac Mortgage Investment Trust (PMT) and Great Portland Estates (GPEAF).

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), AT&T (T), Western Asset Mortgage Capital (WMC), AGNC Investment (AGNC), Ares Capital (ARCC), NGL Energy Partners (NGL), SunCoke Energy Partners (SXCP) and Invesco Mortgage Capital (IVR).

City Office REIT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.81%), Real Estate Management Services LLC (0.31%), Atlantic Union Bankshares Corp (0.30%), Janney Montgomery Scott LLC (0.23%), Spirit of America Management Corp NY (0.22%) and Dubuque Bank & Trust Co. (0.17%). 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 Bowling Portfolio Management LLC, Wedbush Securities Inc., Nisa Investment Advisors LLC, Atlantic Union Bankshares Corp, Real Estate Management Services LLC, Spirit of America Management Corp NY and Eidelman Virant Capital. View Insider Buying and Selling for City Office REIT.

CIO stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio, Dalton Greiner Hartman Maher & Co., Janney Montgomery Scott LLC, State of Alaska Department of Revenue, Zurcher Kantonalbank Zurich Cantonalbank and Dubuque Bank & Trust Co.. 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 $13.68.

City Office REIT has a market capitalization of $746.24 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]