City Office REIT (CIO) Stock Price, News & Analysis

Company Overview

City Office REIT, Inc. (NYSE:CIO) is a publicly traded real estate investment trust focused on acquiring, managing and enhancing office and related properties in select Sun Belt and Southeastern U.S. markets. Established in 2017 through a spin-off from Shorenstein Properties, the company targets high-growth secondary markets offering favorable demographic trends, employment growth and constrained new office supply. Its strategy emphasizes well-located assets in metropolitan areas experiencing population inflows and corporate relocations.

The trust’s core business activities include property acquisition, leasing, asset management and value-add redevelopment initiatives. Through its externally managed structure, City Office REIT receives advisory and property management services from City Office REIT Advisors LP, a Shorenstein affiliate, leveraging decades of experience in real estate investment, development and portfolio management. This partnership allows City Office REIT to employ a disciplined, research-driven approach to asset selection and operational execution.

City Office REIT’s portfolio has historically included Class A office buildings and mixed-use complexes in markets such as Atlanta, Charlotte, Austin, Dallas and Houston. The company maintains a diversified tenant base across multiple industries—ranging from professional services and technology to healthcare—aiming to generate stable rental income and long-term value for shareholders. Management conducts targeted capital improvement projects and strategic repositionings to enhance property quality and tenant experience.

Led by President and Chief Executive Officer Oliver Slone, City Office REIT is governed by a board of directors with extensive real estate and financial expertise. The leadership team oversees strategic deployment of capital, portfolio optimization and risk management, positioning the company to navigate market cycles and capitalize on evolving opportunities in the U.S. office sector. City Office REIT places strong emphasis on stakeholder communication and alignment with shareholder interests.

Key Stats

• Today's Range: $6.99 to $7.00
• 50-Day Range: $6.80 to $7.00
• 52-Week Range: $4.62 to $7.01
• Volume: 1.26 million shs
• Average Volume: 406,769 shs
• Market Capitalization: $282.14 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Reduce

City Office REIT Stock Analysis - MarketRank™

City Office REIT scored higher than 8% of companies evaluated by MarketBeat, and ranked 860th out of 879 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

City Office REIT has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

City Office REIT has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 1.00%

Earnings Growth

Earnings for City Office REIT are expected to grow by 1.00% in the coming year, from $1.00 to $1.01 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of City Office REIT is -2.21, 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. Sector

The P/E ratio of City Office REIT is -2.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

City Office REIT has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CIO.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

City Office REIT does not currently pay a dividend.

Dividend Growth

City Office REIT has only been increasing its dividend for 1 years.

Dividend Sustainability

Based on earnings estimates, City Office REIT will have a dividend payout ratio of 39.60% next year. This indicates that City Office REIT will be able to sustain or increase its dividend.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

1 people have searched for CIO on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, City Office REIT insiders have not sold or bought any company stock.

Percentage Held by Insiders

4.30% of the stock of City Office REIT is held by insiders.

Percentage Held by Institutions

67.47% 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.

CIO Stock Analysis - Frequently Asked Questions

How were City Office REIT's earnings last quarter?

City Office REIT, Inc. (NYSE:CIO) announced its earnings results on Thursday, July, 31st. The real estate investment trust reported $0.28 earnings per share for the quarter, meeting the consensus estimate of $0.28. The real estate investment trust had revenue of $42.20 million for the quarter, compared to the consensus estimate of $42.54 million. City Office REIT had a negative trailing twelve-month return on equity of 21.71% and a negative net margin of 74.21%.

When did City Office REIT IPO?

City Office REIT (CIO) raised $87 million in an IPO on Tuesday, April 15th 2014. The company issued 5,800,000 shares at a price of $14.00-$16.00 per share.

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 Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), AT&T (T), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 7/31/2025
• Today: 5/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Trading
• Current Symbol: NYSE:CIO
• CIK: 1593222
• Web: www.cityofficereit.com
• Phone: (604) 806-3366
• Fax: N/A
• Employees: 20
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($3.17)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.99
• P/E Growth: N/A
• Net Income: -$17.68 million
• Net Margins: -74.21%
• Pretax Margin: -73.96%
• Return on Equity: -21.71%
• Return on Assets: -9.19%

Debt

• Debt-to-Equity Ratio: 0.80
• Current Ratio: 2.76
• Quick Ratio: 2.76

Sales & Book Value

• Annual Sales: $163.80 million
• Price / Sales: 1.72
• Cash Flow: $1.07 per share
• Price / Cash Flow: 6.54
• Book Value: $15.50 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 40,364,000
• Free Float: 38,628,000
• Market Cap: $282.14 million
• Optionable: Optionable
• Beta: 1.59