NYSE:CIO City Office REIT (CIO) Stock Price, News & Analysis → Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share (From Colonial Metals) (Ad) Free CIO Stock Alerts $4.84 +0.08 (+1.68%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$4.74▼$4.9450-Day Range$4.09▼$5.2152-Week Range$3.45▼$6.70Volume132,002 shsAverage Volume169,343 shsMarket Capitalization$194.33 millionP/E RatioN/ADividend Yield8.26%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/Downside44.6% Upside$7.00 Price TargetShort InterestHealthy1.06% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.53Upright™ Environmental ScoreNews Sentiment-0.03Based on 18 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 Sector139th out of 874 stocksReal Estate Investment Trusts Industry18th out of 181 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 8.26%, 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 1.6 News and Social Media Coverage News SentimentCity Office REIT has a news sentiment score of -0.03. 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 0.54 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 18 news articles for City Office REIT this week, compared to 1 article on an average week.MarketBeat Follows3 people have added City Office REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 -17.29, 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 -17.29, 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 0.74. 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 0.29. 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 Banyan Hill PublishingForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)Watch my video for all of the details 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 HeadlinesMay 4, 2024 | finance.yahoo.comCity Office REIT, Inc. (NYSE:CIO) Q1 2024 Earnings Call TranscriptMay 3, 2024 | investorplace.comCIO Stock Earnings: City Office REIT Beats EPS, Beats Revenue for Q1 2024May 5, 2024 | Weiss Ratings (Ad)55x Gains Instead of 9x GainsWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-up before it’s too late. It’s urgent because it’s what we consider “The #1 Crypto for the AI World.”May 3, 2024 | msn.comCity Office REIT beats top-line and bottom-line estimates; updates FY24 outlookMay 3, 2024 | washingtonpost.comCity Office REIT: Q1 Earnings SnapshotMay 3, 2024 | markets.businessinsider.comCity Office REIT Posts Wider Loss In Q1; Lowers 2024 Core FFO Per Share GuidanceMay 3, 2024 | finance.yahoo.comCity Office REIT Inc (CIO) First Quarter 2024 Earnings OverviewMay 3, 2024 | prnewswire.comCity Office REIT Reports First Quarter 2024 ResultsMay 5, 2024 | Weiss Ratings (Ad)55x Gains Instead of 9x GainsWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-up before it’s too late. It’s urgent because it’s what we consider “The #1 Crypto for the AI World.”May 2, 2024 | msn.comCity Office REIT Q1 2024 Earnings PreviewMay 2, 2024 | markets.businessinsider.comCity Office REIT earnings: here's what Wall Street expectsMay 1, 2024 | tmcnet.comGovCIO Opens New Office Near Joint Base CharlestonMay 1, 2024 | sg.finance.yahoo.comInvestors scour the globe for shelter as Wall Street shakesMay 1, 2024 | americanbankingnews.comShort Interest in City Office REIT, Inc. (NYSE:CIO) Increases By 5.9%April 28, 2024 | bizjournals.comDallas chief information officer, who oversaw city's response to 2023 ransomware attack, is resigningApril 28, 2024 | msn.comDallas' chief information officer resigning: Bill Zielinski oversaw the city's response to the 2023 ransomware attackApril 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 26, 2024 | americanbankingnews.comCity Office REIT (CIO) to Release Quarterly Earnings on FridayApril 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)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 TranscriptSee 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 Payable4/24/2024Today5/05/2024Next Earnings (Estimated)8/01/2024Fiscal 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+44.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.25) Trailing P/E RatioN/A Forward P/E Ratio4.44 P/E Growth0.73Net Income$-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 / Sales1.09 Cash Flow$1.60 per share Price / Cash Flow3.03 Book Value$16.54 per share Price / Book0.29Miscellaneous Outstanding Shares40,150,000Free Float38,588,000Market Cap$194.33 million OptionableOptionable Beta1.84 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. 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:BHRFranklin Street PropertiesNYSE:FSPOrion Office REITNYSE:ONLAlpine Income Property TrustNYSE:PINEAG Mortgage Investment TrustNYSE:MITTView All CompetitorsInsiders & InstitutionsCallan Capital LLCBought 26,484 shares on 5/3/2024Ownership: 0.066%Fidelis Capital Partners LLCBought 13,263 shares on 5/2/2024Ownership: 0.033%BNP Paribas Financial MarketsBought 16,874 shares on 5/1/2024Ownership: 0.102%PNC 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)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 equities research 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 equities research 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 analysts have issued 12 month price objectives for City Office REIT's shares. Their CIO share price targets range from $7.00 to $7.00. On average, they predict the company's stock price to reach $7.00 in the next year. This suggests a possible upside of 44.6% 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 on January 1st, 2024. Since then, CIO shares have decreased by 20.8% and is now trading at $4.84. 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 trading volume of 249,400 shares, the short-interest ratio is presently 1.6 days. Currently, 1.1% of the company's 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 Thursday, August 1st 2024. View our CIO earnings forecast. 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 the consensus estimate of $44.47 million. City Office REIT had a negative trailing twelve-month return on equity of 0.40% and a negative net margin of 1.50%. During the same quarter last year, the firm posted $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 declared 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 dividend yield of 8.26%. 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 8.26%. 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 161,396 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 updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of 1.140-1.180 for the period, compared to the consensus earnings per share estimate of 1.200. 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). Who are City Office REIT's major shareholders? City Office REIT's stock is owned by a variety of retail and institutional investors. Top institutional investors include BNP Paribas Financial Markets (0.10%), Callan Capital LLC (0.07%), Fidelis Capital Partners LLC (0.03%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include James Thomas Farrar, Michael Mazan and William R Flatt. View institutional ownership trends. 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 5/5/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCCould Your Accounts Be Frozen?Allegiance GoldThe asset beating inflation by 4xColonial MetalsExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersThe only AI company you should be looking atBehind the MarketsUrgent Nvidia WarningAltimetryThe A.I. story nobody is telling you (Read ASAP)TradeSmith Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding City Office REIT, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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