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City Office REIT NYSE:CIO.PRA Stock Report

Last Price

US$20.37

Market Cap

US$214.0m

7D

1.9%

1Y

1.8%

Updated

20 Dec, 2024

Data

Company Financials +

City Office REIT, Inc.

NYSE:CIO.PRA Stock Report

Market Cap: US$214.0m

My Notes

Capture your thoughts, links and company narrative

City Office REIT, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for City Office REIT
Historical stock prices
Current Share PriceUS$20.37
52 Week HighUS$21.79
52 Week LowUS$16.44
Beta1.98
1 Month Change9.21%
3 Month Change6.08%
1 Year Change1.84%
3 Year Change-20.44%
5 Year Change-21.12%
Change since IPO-18.30%

Recent News & Updates

Recent updates

Shareholder Returns

CIO.PRAUS Office REITsUS Market
7D1.9%-7.3%-3.5%
1Y1.8%4.1%22.1%

Return vs Industry: CIO.PRA underperformed the US Office REITs industry which returned 4.1% over the past year.

Return vs Market: CIO.PRA underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is CIO.PRA's price volatile compared to industry and market?
CIO.PRA volatility
CIO.PRA Average Weekly Movement2.7%
Office REITs Industry Average Movement4.4%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: CIO.PRA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CIO.PRA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201320Jamie Farrarwww.cioreit.com

City Office REIT, Inc. (the “Company”) was organized in the state of Maryland on November 26, 2013. On April 21, 2014, the Company completed its initial public offering (“IPO”) of shares of the Company’s common stock. The Company contributed the net proceeds of the IPO to City Office REIT Operating Partnership, L.P., a Maryland limited partnership (the “Operating Partnership”), in exchange for common units of limited partnership interest in the Operating Partnership (“common units”).

City Office REIT, Inc. Fundamentals Summary

How do City Office REIT's earnings and revenue compare to its market cap?
CIO.PRA fundamental statistics
Market capUS$214.02m
Earnings (TTM)-US$17.06m
Revenue (TTM)US$173.53m

1.3x

P/S Ratio

-12.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIO.PRA income statement (TTM)
RevenueUS$173.53m
Cost of RevenueUS$70.41m
Gross ProfitUS$103.12m
Other ExpensesUS$120.18m
Earnings-US$17.06m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.42
Gross Margin59.43%
Net Profit Margin-9.83%
Debt/Equity Ratio87.1%

How did CIO.PRA perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

220%

Payout Ratio

Does CIO.PRA pay a reliable dividends?

See CIO.PRA dividend history and benchmarks
When do you need to buy CIO.PRA by to receive an upcoming dividend?
City Office REIT dividend dates
Ex Dividend DateJan 09 2025
Dividend Pay DateJan 23 2025
Days until Ex dividend19 days
Days until Dividend pay date33 days

Does CIO.PRA pay a reliable dividends?

See CIO.PRA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:22
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

City Office REIT, Inc. is covered by 16 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Merrill RossBoenning & Scattergood, Inc.
Craig KuceraB. Riley Securities, Inc.
Barry OxfordColliers Securities