NYSE:CIO City Office REIT (CIO) Stock Price, News & Analysis → Better than Bitcoin? The Biotech Stock with 46,751% Potential (From Behind the Markets) (Ad) Free CIO Stock Alerts $4.58 +0.02 (+0.44%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$4.55▼$4.6850-Day Range$4.09▼$5.2152-Week Range$3.45▼$6.70Volume107,169 shsAverage Volume179,738 shsMarket Capitalization$183.89 millionP/E RatioN/ADividend Yield8.73%Price Target$7.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get City Office REIT alerts: Email Address City Office REIT MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside52.8% Upside$7.00 Price TargetShort InterestHealthy1.06% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.53Upright™ Environmental ScoreNews Sentiment0.17Based on 4 Articles This WeekInsider TradingAcquiring Shares$164,580 Bought Last QuarterProj. Earnings Growth1.83%From $1.09 to $1.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.58 out of 5 starsFinance Sector176th out of 853 stocksReal Estate Investment Trusts Industry29th out of 174 stocks 3.0 Analyst's Opinion Consensus RatingCity Office REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageCity Office REIT has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.06% of the float of City Office REIT has been sold short.Short Interest Ratio / Days to CoverCity Office REIT has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in City Office REIT has recently increased by 5.86%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipCity Office REIT is a leading dividend payer. It pays a dividend yield of 8.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCity Office REIT does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, City Office REIT will have a dividend payout ratio of 36.04% next year. This indicates that City Office REIT will be able to sustain or increase its dividend. Previous Next 1.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCity Office REIT has received a -23.55% net impact score from Upright. City Office REIT uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Real estate funds investing in office buildings" product. See details.Environmental SustainabilityThe Environmental Impact score for City Office REIT is -2.53. Previous Next 1.8 News and Social Media Coverage News SentimentCity Office REIT has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for City Office REIT this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for CIO on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added City Office REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, City Office REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $164,580.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.90% of the stock of City Office REIT is held by insiders.Percentage Held by Institutions67.47% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for City Office REIT are expected to grow by 1.83% in the coming year, from $1.09 to $1.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of City Office REIT is -18.32, 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. SectorThe P/E ratio of City Office REIT is -18.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioCity Office REIT has a PEG Ratio of 0.70. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCity Office REIT has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsBetter than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.Get the name of the stock here >>> About City Office REIT Stock (NYSE: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 CIO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CIO Stock News HeadlinesApril 27, 2024 | americanbankingnews.comCritical Review: LXP Industrial Trust (NYSE:LXP) versus City Office REIT (NYSE:CIO)April 26, 2024 | americanbankingnews.comCity Office REIT (NYSE:CIO) Stock Price Crosses Below 200 Day Moving Average of $4.88April 27, 2024 | True Market Insiders (Ad)The “Next Bitcoin”? 10 CENT Crypto Set to ExplodeThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 26, 2024 | americanbankingnews.comCity Office REIT (CIO) to Release Quarterly Earnings on FridayApril 17, 2024 | americanbankingnews.comCritical Analysis: City Office REIT (NYSE:CIO) vs. Four Corners Property Trust (NYSE:FCPT)April 5, 2024 | finance.yahoo.comCity Office REIT Announces First Quarter 2024 Earnings Release and Conference CallMarch 28, 2024 | msn.comCity Office REIT files for $500M mixed shelf offeringMarch 28, 2024 | markets.businessinsider.comRBC Capital Reaffirms Their Hold Rating on City Office REIT (CIO)April 27, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.March 19, 2024 | prnewswire.comSHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of City Office REIT, Inc. (NYSE: CIO)March 17, 2024 | finance.yahoo.comCIO Apr 2024 5.000 callMarch 15, 2024 | prnewswire.comCity Office REIT Announces Dividends for First Quarter 2024February 24, 2024 | wsj.comCity Office REIT Inc. 6.625% Cum. Redeem. Pfd. Series AFebruary 23, 2024 | finance.yahoo.comCity Office REIT, Inc. (NYSE:CIO) Q4 2023 Earnings Call TranscriptFebruary 22, 2024 | msn.comCity Office REIT reports Q4 results, guides 2024 FFOFebruary 22, 2024 | finance.yahoo.comCity Office REIT Reports Fourth Quarter and Full Year 2023 ResultsFebruary 22, 2024 | finance.yahoo.comCity Office REIT Inc (CIO) Reports Mixed Results Amidst Challenging Market ConditionsFebruary 22, 2024 | prnewswire.comCity Office REIT Reports Fourth Quarter and Full Year 2023 ResultsFebruary 21, 2024 | msn.comCity Office REIT Q4 2023 Earnings PreviewFebruary 16, 2024 | seekingalpha.comCIO.PR.A City Office REIT, Inc. RED PFD SER AJanuary 30, 2024 | ca.finance.yahoo.comCity Office REIT, Inc. (CIO)January 27, 2024 | finanznachrichten.deCity Office REIT, Inc.: City Office REIT Announces Tax Treatment of 2023 DistributionsJanuary 26, 2024 | finance.yahoo.comCity Office REIT Announces Tax Treatment of 2023 DistributionsJanuary 24, 2024 | benzinga.comGrowing Earnings, Ensuring Investor Value: City Office REIT Adjusts Dividends with Consistent GrowthJanuary 23, 2024 | morningstar.comCity Office REIT IncJanuary 10, 2024 | finance.yahoo.comCity Office REIT Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference CallJanuary 8, 2024 | finance.yahoo.comCity Office REIT Inc's Dividend AnalysisSee More Headlines Receive CIO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for City Office REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/22/2024Ex-Dividend for 4/24 Dividend4/09/2024Dividend Payable4/24/2024Today4/27/2024Next Earnings (Confirmed)5/03/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:CIO CUSIPN/A CIK1593222 Webwww.cityofficereit.com Phone(604) 806-3366FaxN/AEmployees20Year FoundedN/APrice Target and Rating Average Stock Price Target$7.00 High Stock Price Target$7.00 Low Stock Price Target$7.00 Potential Upside/Downside+52.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.25) Trailing P/E RatioN/A Forward P/E Ratio4.20 P/E Growth0.7Net Income$-2,680,000.00 Net Margins-1.50% Pretax Margin-1.14% Return on Equity-0.40% Return on Assets-0.17% Debt Debt-to-Equity Ratio1.01 Current Ratio3.33 Quick Ratio3.33 Sales & Book Value Annual Sales$179.10 million Price / Sales1.03 Cash Flow$1.57 per share Price / Cash Flow2.91 Book Value$16.54 per share Price / Book0.28Miscellaneous Outstanding Shares40,150,000Free Float38,588,000Market Cap$183.89 million OptionableOptionable Beta1.84 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. James Thomas Farrar CFA (Age 48)CEO & Director Comp: $1.17MMr. Gregory Tylee (Age 52)COO & President Comp: $1.17MMr. Anthony Maretic C.A. (Age 52)CFO, Secretary & Treasurer Comp: $846.29kMs. Stephanie ChungSenior Vice President of FinanceMr. Ken PoolSenior Vice President of OperationsKey CompetitorsBraemar Hotels & ResortsNYSE:BHROrion Office REITNYSE:ONLAG Mortgage Investment TrustNYSE:MITTAlpine Income Property TrustNYSE:PINEFranklin Street PropertiesNYSE:FSPView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Sold 8,751 shares on 3/22/2024Ownership: 0.011%Michael MazanBought 39,000 shares on 3/19/2024Total: $164,580.00 ($4.22/share)CastleKnight Management LPSold 60,000 shares on 2/14/2024Ownership: 0.106%Tower Research Capital LLC TRCBought 8,546 shares on 2/13/2024Ownership: 0.034%Franklin Resources Inc.Bought 60,197 shares on 2/9/2024Ownership: 0.791%View All Insider TransactionsView All Institutional Transactions CIO Stock Analysis - Frequently Asked Questions Should I buy or sell City Office REIT stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for City Office REIT in the last twelve months. There are currently 1 hold 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. What is City Office REIT's stock price target for 2024? 1 brokerages have issued 12-month price targets for City Office REIT's shares. Their CIO share price targets range from $7.00 to $7.00. On average, they anticipate the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 52.8% from the stock's current price. View analysts price targets for CIO or view top-rated stocks among Wall Street analysts. How have CIO shares performed in 2024? City Office REIT's stock was trading at $6.11 at the beginning of the year. Since then, CIO shares have decreased by 25.0% and is now trading at $4.58. View the best growth stocks for 2024 here. Are investors shorting City Office REIT? City Office REIT saw a increase in short interest in April. As of April 15th, there was short interest totaling 406,700 shares, an increase of 5.9% from the March 31st total of 384,200 shares. Based on an average daily trading volume, of 249,400 shares, the short-interest ratio is currently 1.6 days. Currently, 1.1% of the shares of the stock are short sold. View City Office REIT's Short Interest. When is City Office REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our CIO earnings forecast. How can I listen to City Office REIT's earnings call? City Office REIT will be holding an earnings conference call on Friday, May 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "497483". How were City Office REIT's earnings last quarter? City Office REIT, Inc. (NYSE:CIO) announced its quarterly earnings data on Thursday, February, 22nd. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by $0.42. The real estate investment trust earned $44.32 million during the quarter, compared to analyst estimates of $44.47 million. City Office REIT had a negative net margin of 1.50% and a negative trailing twelve-month return on equity of 0.40%. During the same quarter last year, the business earned $0.38 earnings per share. 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 Friday, March 15th. Investors of record on Wednesday, April 10th will be given a dividend of $0.10 per share on Wednesday, April 24th. This represents a $0.40 dividend on an annualized basis and a yield of 8.73%. The ex-dividend date of this dividend is Tuesday, April 9th. Read our dividend analysis for CIO. Is City Office REIT a good dividend stock? City Office REIT (NYSE:CIO) pays an annual dividend of $0.40 per share and currently has a dividend yield of 8.77%. CIO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for CIO. What ETF holds City Office REIT's stock? Hoya Capital High Dividend Yield ETF holds 158,240 shares of CIO stock, representing 1.22% of its portfolio. What guidance has City Office REIT issued on next quarter's earnings? City Office REIT issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of 1.180-1.220 for the period, compared to the consensus estimate of 1.320. The company issued revenue guidance of -. What other stocks do shareholders of City Office REIT own? 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). How do I buy shares of City Office REIT? Shares of CIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CIO) was last updated on 4/27/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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