City Office REIT (CIO) News Today

City Office REIT (NYSE:CIO) will be releasing earnings before the market opens on Thursday, August 1, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=562981)

City Office REIT, Inc. (NYSE:CIO - Get Free Report) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 363,100 shares, a growth of 6.7% from the June 15th total of 340,200 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 166,600 shares, the days-to-cover ratio is presently 2.2 days.

City Office REIT (NYSE:CIO) Share Price Passes Below 200 Day Moving Average of $5.03

City Office REIT (NYSE:CIO) Stock Price Passes Above Fifty Day Moving Average of $4.84

City Office REIT, Inc. (NYSE:CIO) announced a quarterly dividend on Monday, June 17th. Shareholders of record on Wednesday, July 10th will be given a dividend of 0.10 per share by the real estate investment trust on Wednesday, July 24th. This represents a $0.40 annualized dividend and a yield of 8.18%. The ex-dividend date of this dividend is Wednesday, July 10th.

City Office REIT, Inc. (NYSE:CIO - Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totalling 370,700 shares, a decline of 7.6% from the April 30th total of 401,100 shares. Based on an average daily trading volume, of 235,400 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.0% of the company's shares are short sold.

City Office REIT (NYSE:CIO) updated its FY 2024 earnings guidance. The company provided EPS guidance of 1.140-1.180 for the period, compared to the consensus estimate of 1.200.

StockNews.com downgraded City Office REIT from a "hold" rating to a "sell" rating in a research note on Wednesday.

StockNews.com upgraded shares of City Office REIT from a "sell" rating to a "hold" rating in a research report on Friday.

City Office REIT, Inc. (NYSE:CIO - Get Free Report) Director Michael Mazan acquired 39,000 shares of City Office REIT stock in a transaction dated Tuesday, March 19th. The shares were bought at an average cost of $4.22 per share, with a total value of $164,580.00. Following the completion of the purchase, the director now owns 39,000 shares in the company, valued at $164,580. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

City Office REIT, Inc. (NYSE:CIO) announced a quarterly dividend on Monday, March 18th. Stockholders of record on Wednesday, April 10th will be given a dividend of 0.10 per share by the real estate investment trust on Wednesday, April 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 9.55%. The ex-dividend date of this dividend is Tuesday, April 9th.

City Office REIT, Inc. (NYSE:CIO - Get Free Report) saw a significant growth in short interest during the month of February. As of February 29th, there was short interest totalling 469,000 shares, a growth of 25.5% from the February 14th total of 373,700 shares. Based on an average daily volume of 292,400 shares, the short-interest ratio is currently 1.6 days. Currently, 1.2% of the shares of the stock are short sold.

AQR Capital Management LLC grew its holdings in City Office REIT, Inc. (NYSE:CIO - Free Report) by 73.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,059,006 shares of the real estate investment trust'

City Office REIT (NYSE:CIO - Get Free Report) posted its quarterly earnings results on Thursday. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by ($0.42). City Office REIT had a negative net margin of 6.93% and a negative return on equity of 1.83%. The company had revenue of $44.32 million during the quarter, compared to analyst estimates of $44.47 million. During the same period last year, the company earned $0.38 EPS.

City Office REIT (NYSE:CIO) updated its FY 2024 earnings guidance. The company provided EPS guidance of 1.180-1.220 for the period, compared to the consensus estimate of 1.320.

City Office REIT, Inc. (NYSE:CIO - Get Free Report) was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 362,300 shares, a drop of 11.5% from the January 15th total of 409,300 shares. Based on an average trading volume of 278,400 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.9% of the shares of the company are sold short.

City Office REIT (NYSE:CIO) will be releasing earnings before the market opens on Thursday, February 22, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=395563)

City Office REIT (NYSE:CIO) Shares Cross Below 200 Day Moving Average of $4.99