City Office REIT - CIO Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for City Office REIT in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CIO, but not buy additional shares or sell existing shares.
View CIO analyst ratings or view top-rated stocks.

3 brokerages have issued 1-year price objectives for City Office REIT's shares. Their CIO share price forecasts range from $12.00 to $15.00. On average, they anticipate the company's share price to reach $13.67 in the next twelve months. This suggests a possible upside of 41.5% from the stock's current price.
View analysts price targets for CIO or view top-rated stocks among Wall Street analysts.

City Office REIT's stock was trading at $8.38 at the beginning of the year. Since then, CIO stock has increased by 15.3% and is now trading at $9.66.
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City Office REIT saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 488,900 shares, an increase of 9.7% from the December 31st total of 445,800 shares. Based on an average daily trading volume, of 300,100 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.3% of the company's shares are sold short.
View City Office REIT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our CIO earnings forecast.

City Office REIT will be holding an earnings conference call on Thursday, February 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "140203".

City Office REIT, Inc. (NYSE:CIO) issued its earnings results on Thursday, May, 5th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.36 by $0.15. City Office REIT had a net margin of 263.44% and a trailing twelve-month return on equity of 61.46%. During the same quarter last year, the firm posted $0.33 earnings per share.

City Office REIT announced a quarterly dividend on Thursday, December 15th. Stockholders of record on Tuesday, January 10th will be paid a dividend of $0.20 per share on Tuesday, January 24th. This represents a $0.80 dividend on an annualized basis and a yield of 8.28%. The ex-dividend date is Monday, January 9th.
Read our dividend analysis for CIO.

City Office REIT (NYSE:CIO) pays an annual dividend of $0.80 per share and currently has a dividend yield of 8.54%. CIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 7.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIO will have a dividend payout ratio of 61.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIO.

City Office REIT issued an update on its FY 2012 earnings guidance on Monday, November, 21st. The company provided earnings per share (EPS) guidance of $1.54-$1.57 for the period. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), NGL Energy Partners (NGL), Medical Properties Trust (MPW), Annaly Capital Management (NLY) and Ladder Capital (LADR).

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

City Office REIT's stock is owned by many different institutional and retail investors. Top institutional investors include Spirit of America Management Corp NY (0.10%), Strs Ohio (0.10%) and Allspring Global Investments Holdings LLC (0.03%). Insiders that own company stock include Anthony Maretic, Gregory Tylee, James Thomas Farrar, John Sweet, Stephen B Shraiberg and William R Flatt.
View institutional ownership trends.

Shares of CIO stock 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.
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One share of CIO stock can currently be purchased for approximately $9.66.

City Office REIT (NYSE:CIO) has a market capitalization of $383.70 million and generates $164.04 million in revenue each year. The real estate investment trust earns $484.39 million in net income (profit) each year or $10.29 on an earnings per share basis.

City Office REIT's mailing address is 666 BURRARD STREET SUITE 3210, VANCOUVER A1, V6C 2X8. The official website for the company is www.cityofficereit.com. The real estate investment trust can be reached via phone at (604) 806-3366 or via email at investorrelations@cityofficereit.com.