CIO Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
City Office REIT, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.85 |
| 52 Week High | US$6.71 |
| 52 Week Low | US$3.46 |
| Beta | 1.89 |
| 1 Month Change | -3.58% |
| 3 Month Change | 15.48% |
| 1 Year Change | -12.14% |
| 3 Year Change | -61.99% |
| 5 Year Change | -61.39% |
| Change since IPO | -60.89% |
Recent News & Updates
Recent updates
City Office REIT: The 8.4% Dividend Yield Looks Stable
May 13I Went Heavy On Buying City Office REIT's 9.7% Yielding Preferreds
Mar 03City Office REIT: Deep Value Or 7.3% Dividend Yield Trap?
Jan 21City Office REIT: Fortune Favors The Brave
Nov 06City Office REIT: Exploring The Value Of Preferred Shares
Aug 22City Office REIT: Opportunity To Capture 9.7% Yield Via Preferred Shares
Jun 26City Office REIT: I'm Holding Onto My 9.7% Yielding Preferred Shares
Jun 14City Office REIT Q4 2022 Earnings Preview
Feb 22City Office REIT: 9.9% Yield And Plenty Of Upside
Jan 10City Office REIT: The Preferred Shares Now Offer A 9% Yield
Dec 10City Office REIT Q3 2022 Earnings Preview
Nov 04City Office REIT declares $0.20 dividend
Sep 15City Office REIT: A 7% Yielding Small Cap That Could Deliver Big Returns
Sep 09City Office REIT Q2 2022 Earnings Preview
Aug 03City Office: Overlooked Value In The Sector Most Vile
Jun 30City Office REIT: I Like The 7.1% Yielding Preferred Shares
Jun 10City Office REIT: The Definition Of Shareholder Value
Mar 25City Office: A Quality REIT
Jan 10Shareholder Returns
| CIO | US Office REITs | US Market | |
|---|---|---|---|
| 7D | -3.2% | -0.2% | 1.0% |
| 1Y | -12.1% | 9.5% | 21.8% |
Return vs Industry: CIO underperformed the US Office REITs industry which returned 9.5% over the past year.
Return vs Market: CIO underperformed the US Market which returned 21.8% over the past year.
Price Volatility
| CIO volatility | |
|---|---|
| CIO Average Weekly Movement | 7.0% |
| Office REITs Industry Average Movement | 4.9% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: CIO has not had significant price volatility in the past 3 months.
Volatility Over Time: CIO's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 20 | Jamie Farrar | www.cioreit.com |
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.
City Office REIT, Inc. Fundamentals Summary
| CIO fundamental statistics | |
|---|---|
| Market cap | US$188.72m |
| Earnings (TTM) | -US$11.39m |
| Revenue (TTM) | US$177.63m |
1.1x
P/S Ratio-17.1x
P/E RatioIs CIO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CIO income statement (TTM) | |
|---|---|
| Revenue | US$177.63m |
| Cost of Revenue | US$70.02m |
| Gross Profit | US$107.61m |
| Other Expenses | US$119.01m |
| Earnings | -US$11.39m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.28 |
| Gross Margin | 60.58% |
| Net Profit Margin | -6.41% |
| Debt/Equity Ratio | 87.1% |
How did CIO perform over the long term?
See historical performance and comparison