City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (ÂNRAÂ).
IPO Year: 2014
Exchange: NYSE
Website: cityofficereit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/12/2023 | Sector Weight | KeyBanc Capital Markets | |
| 11/19/2021 | $19.00 | Outperform → Sector Perform | RBC Capital |
| 8/23/2021 | $16.00 → $19.00 | Outperform | RBC Capital |
| 8/9/2021 | $14.00 → $16.00 | Outperform | RBC Capital |
4 - City Office REIT, Inc. (0001593222) (Issuer)
4 - City Office REIT, Inc. (0001593222) (Issuer)
4 - City Office REIT, Inc. (0001593222) (Issuer)
4 - City Office REIT, Inc. (0001593222) (Issuer)
4 - City Office REIT, Inc. (0001593222) (Issuer)
4 - City Office REIT, Inc. (0001593222) (Issuer)
4 - City Office REIT, Inc. (0001593222) (Issuer)
4 - City Office REIT, Inc. (0001593222) (Issuer)
4 - City Office REIT, Inc. (0001593222) (Issuer)
4 - City Office REIT, Inc. (0001593222) (Issuer)
4 - City Office REIT, Inc. (0001593222) (Issuer)
VANCOUVER, Oct. 31, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended September 30, 2024. Third Quarter Highlights Rental and other revenues were $42.4 million. GAAP net loss attributable to common stockholders was approximately $4.5 million, or ($0.11) per fully diluted share;Core FFO was approximately $11.1 million, or $0.27 per fully diluted share;AFFO was approximately $4.8 million, or $0.12 per fully diluted share;In-place occupancy was 83.4% as of quarter end, or 87.0% i
VANCOUVER, Oct. 8, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended September 30, 2024, before the market opens on Thursday, October 31, 2024. City Office's management will hold a conference call at 11:00 am Eastern Time on October 31, 2024 to discuss the Company's financial results. Additionally, a supplemental financial package to accompany the discussion of the results will be posted on www.cioreit.com. Webcast Click on the webcast link under the "Investor Rela
VANCOUVER, Sept. 13, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the third quarter of 2024. Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payable on October 24, 2024 to all stockholders, preferred stockholders and ope
VANCOUVER, Aug. 1, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended June 30, 2024. Second Quarter Highlights Rental and other revenues were $42.3 million. GAAP net loss attributable to common stockholders was approximately $5.6 million, or ($0.14) per fully diluted share;Core FFO was approximately $11.5 million, or $0.28 per fully diluted share;AFFO was approximately $5.3 million, or $0.13 per fully diluted share;In-place occupancy was 83.0% as of quarter end, or 87.3% includi
VANCOUVER, June 28, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended June 30, 2024, before the market opens on Thursday, August 1, 2024. City Office's management will hold a conference call at 11:00 am Eastern Time on August 1, 2024 to discuss the Company's financial results. Additionally, a supplemental financial package to accompany the discussion of the results will be posted on www.cioreit.com. Webcast Click on the webcast link under the "Investor Relations" s
VANCOUVER, June 14, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the second quarter of 2024. Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payable on July 24, 2024 to all stockholders, preferred stockholders and opera
VANCOUVER, May 3, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended March 31, 2024. First Quarter Highlights Rental and other revenues were $44.5 million. GAAP net loss attributable to common stockholders was approximately $2.4 million, or ($0.06) per fully diluted share;Core FFO was approximately $13.5 million, or $0.33 per fully diluted share;AFFO was approximately $9.1 million, or $0.22 per fully diluted share;In-place occupancy was 83.0% as of quarter end, or 86.0% includin
VANCOUVER, April 5, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended March 31, 2024, before the market opens on Friday, May 3, 2024. City Office's management will hold a conference call at 11:00 am Eastern Time on May 3, 2024 to discuss the Company's financial results. Additionally, a supplemental financial package to accompany the discussion of the results will be posted on www.cioreit.com. Webcast Click on the webcast link under the "Investor Relations" section
VANCOUVER, March 15, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the first quarter of 2024. Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payable on April 24, 2024 to all stockholders, preferred stockholders and oper
VANCOUVER, Feb. 22, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter and full year ended December 31, 2023. Fourth Quarter Highlights Rental and other revenues were $44.3 million. GAAP net loss attributable to common stockholders was approximately $4.5 million, or ($0.11) per fully diluted share;Core FFO was approximately $13.5 million, or $0.33 per fully diluted share;AFFO was approximately $9.3 million, or $0.23 per fully diluted share;In-place occupancy was 84.5% as of quarter en
KeyBanc Capital Markets initiated coverage of City Office REIT with a rating of Sector Weight
RBC Capital downgraded City Office REIT from Outperform to Sector Perform and set a new price target of $19.00
RBC Capital reiterated coverage of City Office REIT with a rating of Outperform and set a new price target of $19.00 from $16.00 previously
RBC Capital reiterated coverage of City Office REIT with a rating of Outperform and set a new price target of $16.00 from $14.00 previously
VANCOUVER, Oct. 31, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended September 30, 2024. Third Quarter Highlights Rental and other revenues were $42.4 million. GAAP net loss attributable to common stockholders was approximately $4.5 million, or ($0.11) per fully diluted share;Core FFO was approximately $11.1 million, or $0.27 per fully diluted share;AFFO was approximately $4.8 million, or $0.12 per fully diluted share;In-place occupancy was 83.4% as of quarter end, or 87.0% i
VANCOUVER, Oct. 8, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended September 30, 2024, before the market opens on Thursday, October 31, 2024. City Office's management will hold a conference call at 11:00 am Eastern Time on October 31, 2024 to discuss the Company's financial results. Additionally, a supplemental financial package to accompany the discussion of the results will be posted on www.cioreit.com. Webcast Click on the webcast link under the "Investor Rela
VANCOUVER, Sept. 13, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the third quarter of 2024. Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payable on October 24, 2024 to all stockholders, preferred stockholders and ope
VANCOUVER, Aug. 1, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended June 30, 2024. Second Quarter Highlights Rental and other revenues were $42.3 million. GAAP net loss attributable to common stockholders was approximately $5.6 million, or ($0.14) per fully diluted share;Core FFO was approximately $11.5 million, or $0.28 per fully diluted share;AFFO was approximately $5.3 million, or $0.13 per fully diluted share;In-place occupancy was 83.0% as of quarter end, or 87.3% includi
VANCOUVER, June 28, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended June 30, 2024, before the market opens on Thursday, August 1, 2024. City Office's management will hold a conference call at 11:00 am Eastern Time on August 1, 2024 to discuss the Company's financial results. Additionally, a supplemental financial package to accompany the discussion of the results will be posted on www.cioreit.com. Webcast Click on the webcast link under the "Investor Relations" s
VANCOUVER, June 14, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the second quarter of 2024. Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payable on July 24, 2024 to all stockholders, preferred stockholders and opera
VANCOUVER, May 3, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended March 31, 2024. First Quarter Highlights Rental and other revenues were $44.5 million. GAAP net loss attributable to common stockholders was approximately $2.4 million, or ($0.06) per fully diluted share;Core FFO was approximately $13.5 million, or $0.33 per fully diluted share;AFFO was approximately $9.1 million, or $0.22 per fully diluted share;In-place occupancy was 83.0% as of quarter end, or 86.0% includin
VANCOUVER, April 5, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended March 31, 2024, before the market opens on Friday, May 3, 2024. City Office's management will hold a conference call at 11:00 am Eastern Time on May 3, 2024 to discuss the Company's financial results. Additionally, a supplemental financial package to accompany the discussion of the results will be posted on www.cioreit.com. Webcast Click on the webcast link under the "Investor Relations" section
VANCOUVER, March 15, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the first quarter of 2024. Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payable on April 24, 2024 to all stockholders, preferred stockholders and oper
VANCOUVER, Feb. 22, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter and full year ended December 31, 2023. Fourth Quarter Highlights Rental and other revenues were $44.3 million. GAAP net loss attributable to common stockholders was approximately $4.5 million, or ($0.11) per fully diluted share;Core FFO was approximately $13.5 million, or $0.33 per fully diluted share;AFFO was approximately $9.3 million, or $0.23 per fully diluted share;In-place occupancy was 84.5% as of quarter en
10-Q - City Office REIT, Inc. (0001593222) (Filer)
8-K - City Office REIT, Inc. (0001593222) (Filer)
EFFECT - City Office REIT, Inc. (0001593222) (Filer)
S-3/A - City Office REIT, Inc. (0001593222) (Filer)
10-Q - City Office REIT, Inc. (0001593222) (Filer)
8-K - City Office REIT, Inc. (0001593222) (Filer)
8-K - City Office REIT, Inc. (0001593222) (Filer)
8-K - City Office REIT, Inc. (0001593222) (Filer)
10-Q - City Office REIT, Inc. (0001593222) (Filer)
8-K - City Office REIT, Inc. (0001593222) (Filer)
SC 13G - City Office REIT, Inc. (0001593222) (Subject)
SC 13G/A - City Office REIT, Inc. (0001593222) (Subject)
SC 13G/A - City Office REIT, Inc. (0001593222) (Subject)
SC 13G/A - City Office REIT, Inc. (0001593222) (Subject)
SC 13G/A - City Office REIT, Inc. (0001593222) (Subject)
SC 13G/A - City Office REIT, Inc. (0001593222) (Subject)
SC 13G/A - City Office REIT, Inc. (0001593222) (Subject)
SC 13G/A - City Office REIT, Inc. (0001593222) (Subject)
SC 13G/A - City Office REIT, Inc. (0001593222) (Subject)
SC 13G/A - City Office REIT, Inc. (0001593222) (Subject)
City Office REIT (NYSE:CIO) reported quarterly Core FFO of $0.33 per share which beat the analyst consensus estimate of $0.31 by 6.45 percent. The company reported quarterly sales of $44.493 million which beat the analyst consensus estimate of $43.355 million by 2.63 percent. This is a 3.19 percent decrease over sales of $45.957 million the same period last year.
The Federal Reserve’s indication of upcoming interest rate cuts injected optimism into the real estate sector, particularly benefiting stocks under pressure due to exposure to the office industry or elevated debt levels. A Shift Towards Speculation Thursday’s session suggests the rally has been more pronounced among real estate companies with higher debt levels This shift may signify a growing investor inclination towards speculative stocks within the real estate sector, banking on the premise that forthcoming rate cuts could provide a much-needed respite for real estate investment trusts (REITs) grappling with significant debt burdens. The Fed’s March dot plot hints at three ra
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. Office Properties Income Trust (NASDAQ:OPI) On Feb. 15, Office Props IT posted upbeat quarterly sales. The company’s stock fell a
City Office REIT (NYSE:CIO) reported quarterly Core FFO of $0.33 per share which beat the analyst consensus estimate of $0.32 by 3.13 percent. This is a 13.16 percent decrease over Core FFOof $0.38 per share from the same period last year. The company reported quarterly sales of $44.32 million which missed the analyst consensus estimate of $44.93 million by 1.36 percent. This is a 0.65 percent decrease over sales of $44.61 million the same period last year.
Companies Reporting Before The Bell • Indivior (NASDAQ:INDV) is likely to report quarterly earnings at $0.28 per share on revenue of $260.00 million. • Bausch Health Companies (NYSE:BHC) is expected to report quarterly earnings at $1.02 per share on revenue of $2.30 billion. • H&E Equipment Servs (NASDAQ:HEES) is estimated to report quarterly earnings at $1.22 per share on revenue of $382.59 million. • Installed Building Prods (NYSE:IBP) is expected to report quarterly earnings at $2.45 per share on revenue of $682.48 million. • Keurig Dr Pepper (NASDAQ:KDP) is likely to report quarterly earnings at $0.54 per share on revenue of $3.91 billion. • MGP Ingredients (NASDAQ:MGPI) is expecte
In a direct address to the House Financial Services Committee on Tuesday, Treasury Secretary Janet Yellen raised significant concerns regarding the commercial real estate sector and outlined the Financial Stability Oversight Council’s focused attention on the risks associated with digital assets, including stablecoins and crypto asset volatility. Despite these concerns, Yellen offered a broadly optimistic view of the U.S. economy’s trajectory, affirming its strong growth and the resilience of the labor market. “I absolutely believe it’s headed in the right direction,” Yellen said, adding that “our growth is extremely strong, the labor market is at least as strong as it was prior to th
By the end of today, January 24, 2024, City Office REIT (NYSE:CIO) is set to deliver a dividend payout of $0.10 per share, equating to an annualized dividend yield of 6.02%. The company's dividend payout went ex-dividend on January 09, 2024, so only the investors that owned the stock prior to the ex-dividend date will receive this payout. City Office REIT Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; colo
Monday marks the last chance for investors to receive the next dividend payout from City Office REIT (NYSE:CIO). What's Happening The company announced on Friday that it would pay shareholders a quarterly dividend of 10 cents per share. On Tuesday, City Office REIT will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own CIO as of the end of Monday's session are eligible to receive the 10 cents dividend pay