S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
Log in
NYSE:CIO

City Office REIT Stock Forecast, Price & News

$10.88
+0.19 (+1.78 %)
(As of 03/5/2021 12:00 AM ET)
Add
Compare
Today's Range
$10.56
Now: $10.88
$10.89
50-Day Range
$9.42
MA: $10.03
$11.07
52-Week Range
$6.12
Now: $10.88
$11.46
Volume183,139 shs
Average Volume240,520 shs
Market Capitalization$472.16 million
P/E RatioN/A
Dividend Yield5.49%
Beta1.51
City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (ÂNRAÂ).
City Office REIT logo

Headlines

City Office REIT (CIO) Q4 FFO Meet Estimates
February 25, 2021 |  nasdaq.com
City Office REIT, Inc. to Host Earnings Call
February 25, 2021 |  finance.yahoo.com
Medical Properties (MPW) Taps Equity Market to Fund Buyout
January 11, 2021 |  finance.yahoo.com
Analyzing City Office REIT's Ex-Dividend Date
January 7, 2021 |  finance.yahoo.com
Where Do Hedge Funds Stand On City Office REIT Inc (CIO)?
December 15, 2020 |  finance.yahoo.com
City Office REIT Announces Dividends for Fourth Quarter 2020
December 15, 2020 |  finance.yahoo.com
City Office REIT Announces Lease Transaction
December 14, 2020 |  finance.yahoo.com
Chatham (CLDT) Sells Residence Inn, Enhances Liquidity
December 2, 2020 |  finance.yahoo.com
City Office REIT: Dirt Cheap With An 8% Yield
November 13, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone604-806-3366
Employees20
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$156.30 million
Cash Flow$1.25 per share
Book Value$8.01 per share

Profitability

Net Income$1.80 million

Miscellaneous

Market Cap$472.16 million
Next Earnings Date5/6/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.98 out of 5 stars

Finance Sector

235th out of 1,940 stocks

Real Estate Investment Trusts Industry

50th out of 273 stocks

Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$10.88
+0.19 (+1.78 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CIO News and Ratings via Email

Sign-up to receive the latest news and ratings for CIO and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











City Office REIT (NYSE:CIO) Frequently Asked Questions

Is City Office REIT a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for City Office REIT in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" City Office REIT stock.
View analyst ratings for City Office REIT
or view top-rated stocks.

What stocks does MarketBeat like better than City Office REIT?

Wall Street analysts have given City Office REIT a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but City Office REIT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting City Office REIT?

City Office REIT saw a increase in short interest during the month of February. As of February 12th, there was short interest totaling 606,300 shares, an increase of 27.4% from the January 28th total of 476,000 shares. Based on an average daily trading volume, of 261,700 shares, the days-to-cover ratio is currently 2.3 days.
View City Office REIT's Short Interest
.

When is City Office REIT's next earnings date?

City Office REIT is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for City Office REIT
.

How were City Office REIT's earnings last quarter?

City Office REIT, Inc. (NYSE:CIO) announced its quarterly earnings results on Wednesday, February, 24th. The real estate investment trust reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.31 by $0.34. City Office REIT had a net margin of 4.37% and a trailing twelve-month return on equity of 1.87%.
View City Office REIT's earnings history
.

How has City Office REIT's stock price been impacted by Coronavirus?

City Office REIT's stock was trading at $9.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CIO shares have increased by 12.9% and is now trading at $10.88.
View which stocks have been most impacted by COVID-19
.

How often does City Office REIT pay dividends? What is the dividend yield for City Office REIT?

City Office REIT announced a quarterly dividend on Tuesday, December 15th. Investors of record on Monday, January 11th will be given a dividend of $0.15 per share on Monday, January 25th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date of this dividend is Friday, January 8th.
View City Office REIT's dividend history
.

Is City Office REIT a good dividend stock?

City Office REIT pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.49%. CIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. City Office REIT does not yet have a strock track record of dividend growth. The dividend payout ratio of City Office REIT is 51.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, City Office REIT will have a dividend payout ratio of 47.24% next year. This indicates that City Office REIT will be able to sustain or increase its dividend.
View City Office REIT's dividend history.

What guidance has City Office REIT issued on next quarter's earnings?

City Office REIT issued an update on its FY 2021 Pre-Market earnings guidance on Thursday, February, 25th. The company provided earnings per share guidance of 1.20-1.24 for the period.

What price target have analysts set for CIO?

4 Wall Street analysts have issued 1-year price targets for City Office REIT's stock. Their forecasts range from $9.00 to $13.00. On average, they anticipate City Office REIT's stock price to reach $11.00 in the next year. This suggests a possible upside of 1.1% from the stock's current price.
View analysts' price targets for City Office REIT
or view top-rated stocks among Wall Street analysts.

Who are City Office REIT's key executives?

City Office REIT's management team includes the following people:
  • Mr. James Thomas Farrar CFA, CEO & Director (Age 45, Pay $1.44M)
  • Mr. Gregory Tylee, COO & Pres (Age 49, Pay $1.44M)
  • Mr. Anthony Maretic C.A., CFO, Sec. & Treasurer (Age 49, Pay $715k)

Who are some of City Office REIT's key competitors?

What other stocks do shareholders of City Office REIT own?

What is City Office REIT's stock symbol?

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

Who are City Office REIT's major shareholders?

City Office REIT's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.23%), Fuller & Thaler Asset Management Inc. (5.51%), Renaissance Technologies LLC (4.47%), Alliancebernstein L.P. (3.82%), Victory Capital Management Inc. (2.83%) and JPMorgan Chase & Co. (2.51%). Company insiders that own City Office REIT stock include Anthony Maretic, Gregory Tylee, James Thomas Farrar, John Sweet and Stephen B Shraiberg.
View institutional ownership trends for City Office REIT
.

Which institutional investors are selling City Office REIT stock?

CIO stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Nuveen Asset Management LLC, Charles Schwab Investment Management Inc., Dalton Greiner Hartman Maher & Co., Victory Capital Management Inc., Northern Trust Corp, Sumitomo Mitsui Trust Holdings Inc., and Wells Fargo & Company MN.
View insider buying and selling activity for City Office REIT
or view top insider-selling stocks.

Which institutional investors are buying City Office REIT stock?

CIO stock was purchased by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Fuller & Thaler Asset Management Inc., Globeflex Capital L P, Alliancebernstein L.P., Monarch Partners Asset Management LLC, Panagora Asset Management Inc., BlackRock Inc., and HighTower Advisors LLC. Company insiders that have bought City Office REIT stock in the last two years include Anthony Maretic, Gregory Tylee, James Thomas Farrar, John Sweet, and Stephen B Shraiberg.
View insider buying and selling activity for City Office REIT
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is City Office REIT's stock price today?

One share of CIO stock can currently be purchased for approximately $10.88.

How much money does City Office REIT make?

City Office REIT has a market capitalization of $472.16 million and generates $156.30 million in revenue each year. The real estate investment trust earns $1.80 million in net income (profit) each year or $1.17 on an earnings per share basis.

How many employees does City Office REIT have?

City Office REIT employs 20 workers across the globe.

What is City Office REIT's official website?

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

Where are City Office REIT's headquarters?

City Office REIT is headquartered at 666 BURRARD STREET SUITE 3210, VANCOUVER A1, V6C 2X8.

How can I contact City Office REIT?

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]


This page was last updated on 3/7/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.