City Office REIT, Inc. (CIO)
Market Cap | 244.02M |
Revenue (ttm) | 179.39M |
Net Income (ttm) | -19.86M |
Shares Out | 39.94M |
EPS (ttm) | -0.47 |
PE Ratio | n/a |
Forward PE | 384.62 |
Dividend | $0.40 (6.55%) |
Ex-Dividend Date | Jan 9, 2024 |
Volume | 218,376 |
Open | 6.17 |
Previous Close | 6.23 |
Day's Range | 6.09 - 6.23 |
52-Week Range | 3.46 - 10.24 |
Beta | 1.73 |
Analysts | Buy |
Price Target | 9.50 (+55.48%) |
Earnings Date | Feb 22, 2024 |
About CIO
City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 5.7 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. [Read more]
Financial Performance
In 2022, CIO's revenue was $180.49 million, an increase of 10.02% compared to the previous year's $164.04 million. Earnings were $9.57 million, a decrease of -97.99%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for CIO stock is "Buy." The 12-month stock price forecast is $9.5, which is an increase of 55.48% from the latest price.
News
City Office REIT Announces Dividends for Fourth Quarter 2023
VANCOUVER , Dec. 15, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amo...
City Office REIT Reports Third Quarter 2023 Results
VANCOUVER , Nov. 9, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended September 30, 2023. Third Qu...
City Office REIT Announces Third Quarter 2023 Earnings Release and Conference Call
VANCOUVER , Oct. 5, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended September 30, 2...
City Office REIT Announces Dividends for Third Quarter 2023
VANCOUVER , Sept. 15, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend am...
City Office REIT Reports Second Quarter 2023 Results
VANCOUVER , Aug. 3, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended June 30, 2023. Second Quarte...
City Office REIT Announces Second Quarter 2023 Earnings Release and Conference Call
VANCOUVER , June 30, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended June 30, 2023,...
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City Office REIT Announces Dividends for Second Quarter 2023
VANCOUVER , May 5, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amoun...
City Office REIT Reports First Quarter 2023 Results
VANCOUVER , May 5, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended March 31, 2023. First Quarter...
City Office REIT Announces First Quarter 2023 Earnings Release and Conference Call
VANCOUVER , April 10, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended March 31, 202...
City Office REIT Announces Dividends for First Quarter 2023
VANCOUVER , March 14, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of...
City Office REIT Announces New Board Member and Board Role Changes
VANCOUVER , Feb. 23, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") today announced the appointment of a new member to the Company's Board of Directors (the "...
City Office REIT Reports Fourth Quarter and Full Year 2022 Results
VANCOUVER , Feb. 23, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter and full year ended December 31, ...
City Office REIT Announces Tax Treatment of 2022 Distributions
VANCOUVER , Jan. 30, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("the Company"), today announced the tax treatment of its 2022 distributions to holders of the Company's common stock and 6...
City Office REIT Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
VANCOUVER , Jan. 12, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter and year ended Decem...
City Office REIT Announces Dividends for Fourth Quarter 2022
VANCOUVER , Dec. 15, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of ...
City Office REIT Reports Third Quarter 2022 Results
VANCOUVER , Nov. 7, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended September 30, 2022. Third Qu...
City Office REIT Announces Third Quarter 2022 Earnings Release and Conference Call
VANCOUVER , Oct. 6, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended September 30, 2...
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City Office REIT Announces Dividends for Third Quarter 2022
VANCOUVER , Sept. 15, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of...
City Office REIT Reports Second Quarter 2022 Results
VANCOUVER , Aug. 4, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended June 30, 2022. Second Quarte...
City Office REIT Announces Second Quarter 2022 Earnings Release and Conference Call
VANCOUVER , July 7, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended June 30, 2022, ...
City Office REIT Announces Dividends for Second Quarter 2022
VANCOUVER , June 16, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of ...
City Office REIT Announces Sale of Lake Vista Pointe Property for $43.8 Million
VANCOUVER , June 15, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today that it has completed the previously announced sale of its Lake Vista Poin...
City Office REIT Reports First Quarter 2022 Results
VANCOUVER , May 5, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended March 31, 2022. First Quarter...