CIO Stock Overview
City Office REIT, Inc. (the “Company”) was organized in the state of Maryland on November 26, 2013. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
City Office REIT, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.92 |
| 52 Week High | US$6.71 |
| 52 Week Low | US$4.02 |
| Beta | 1.95 |
| 11 Month Change | -11.35% |
| 3 Month Change | -12.30% |
| 1 Year Change | 11.56% |
| 33 Year Change | -72.28% |
| 5 Year Change | -63.37% |
| Change since IPO | -60.32% |
Recent News & Updates
Recent updates
City Office REIT: The Preferreds Are Still Too Discounted, 8.7% Dividend Yield
Sep 28City Office REIT: I Will Buy More 9.4% Yielding Preferred Shares
Jul 27City 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 10Shareholder Returns
| CIO | US Office REITs | US Market | |
|---|---|---|---|
| 7D | -1.8% | -1.9% | -1.2% |
| 1Y | 11.6% | 45.7% | 30.4% |
Return vs Industry: CIO underperformed the US Office REITs industry which returned 45.7% over the past year.
Return vs Market: CIO underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| CIO volatility | |
|---|---|
| CIO Average Weekly Movement | 4.8% |
| Office REITs Industry Average Movement | 3.8% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: CIO has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CIO's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 20 | Jamie Farrar | www.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
| CIO fundamental statistics | |
|---|---|
| Market cap | US$197.56m |
| Earnings (TTM) | -US$17.06m |
| Revenue (TTM) | US$173.53m |
1.1x
P/S Ratio-11.6x
P/E RatioIs CIO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CIO income statement (TTM) | |
|---|---|
| Revenue | US$173.53m |
| Cost of Revenue | US$70.41m |
| Gross Profit | US$103.12m |
| Other Expenses | US$120.18m |
| Earnings | -US$17.06m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.42 |
| Gross Margin | 59.43% |
| Net Profit Margin | -9.83% |
| Debt/Equity Ratio | 87.1% |
How did CIO perform over the long term?
See historical performance and comparison