CIO Stock Price, City Office REIT Inc Quote, Chart

Market Summary

USD4.55-0.02

Market Closed

-0.44%

CIO Alerts

1 major insider buys recently.

CIO Stock Price

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CIO RSI Chart

CIO Valuation

Market Cap

182.7M

Price/Earnings (Trailing)

-72.63

Price/Sales (Trailing)

0.98

Price/Free Cashflow

3.19

CIO Price/Sales (Trailing)

CIO Profitability

Return on Equity

-0.33%

Return on Assets

-0.17%

Free Cashflow Yield

31.32%

CIO Fundamentals

CIO Revenue

Rev. Growth (Yr)

-2.87%

Rev. Growth (Qtr)

-0.87%

CIO Earnings

Earnings (TTM)

-2.5M

Earnings Growth (Yr)

77.52%

Earnings Growth (Qtr)

-6.5K%

Breaking Down CIO Revenue

Last 7 days

2.0%

Last 30 days

-9.9%

Last 90 days

-18.5%

Trailing 12 Months

-19.7%

How does CIO drawdown profile look like?

CIO Financial Health

Debt/Equity

0.87

Debt/Cashflow

0.09

CIO Investor Care

Dividend Yield

10.99%

Dividend/Share (TTM)

0.5

Shares Dilution (1Y)

0.57%

Diluted EPS (TTM)

-0.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	0	0	0	0
2022	478.0M	483.6M	484.2M	21.7M
2021	168.1M	168.5M	172.1M	480.6M
2020	159.3M	157.7M	160.1M	160.8M
2019	135.1M	146.0M	151.4M	156.3M
2018	112.6M	117.7M	126.5M	129.5M
2017	81.6M	90.7M	96.6M	106.5M
2016	60.1M	64.5M	68.7M	72.5M
2015	40.2M	43.4M	48.0M	55.1M
2014	25.1M	29.1M	32.2M	36.9M
2013	7.1M	11.5M	16.0M	20.5M
2012	0	0	0	2.6M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of City Office REIT Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 19, 2024	mazan michael	bought	164,771	4.2249	39,000	-
Jan 25, 2024	mclernon john r.	sold (taxes)	-	-	-1,264	-
Jan 25, 2024	farrar james thomas	sold (taxes)	-	-	-71,106	chief executive officer
Jan 25, 2024	maretic anthony	acquired	-	-	54,290	chief financial officer
Jan 25, 2024	tylee gregory	acquired	-	-	142,212	president & coo
Jan 25, 2024	mclernon john r.	acquired	-	-	6,319	-
Jan 25, 2024	murski mark wilhelm	sold (taxes)	-	-	-1,612	-
Jan 25, 2024	sweet john	acquired	-	-	6,319	-
Jan 25, 2024	maretic anthony	sold (taxes)	-	-	-27,145	chief financial officer
Jan 25, 2024	tylee gregory	sold (taxes)	-	-	-71,106	president & coo

Which funds bought or sold CIO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	DekaBank Deutsche Girozentrale	reduced	-20.92	-55,000	96,000	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-60.75	-15,000	8,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	36,030	118,357	-%
Apr 19, 2024	State of Alaska, Department of Revenue	unchanged	-	-17,000	95,000	-%
Apr 19, 2024	Sumitomo Mitsui Trust Holdings, Inc.	unchanged	-	-36,823	213,162	-%
Apr 10, 2024	Founders Capital Management	unchanged	-	-900	5,210	-%
Apr 05, 2024	CWM, LLC	unchanged	-	-2,000	6,000	-%
Apr 05, 2024	GAMMA Investing LLC	reduced	-61.07	-4,436	2,793	-%
Apr 03, 2024	WealthCollab, LLC	new	-	6,862	6,862	-%
Mar 27, 2024	NOMURA HOLDINGS INC	unchanged	-	3,153,880	10,360,300	0.02%

Are Funds Buying or Selling CIO?

Are funds buying CIO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CIO

No. of Funds

CIO Alerts

1 major insider buys recently.

Unveiling City Office REIT Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	newtyn management, llc	8.0%	3,203,242	SC 13G
Feb 13, 2024	vanguard group inc	9.78%	3,906,156	SC 13G/A
Jan 26, 2024	blackrock inc.	7.8%	3,103,232	SC 13G/A
Feb 14, 2023	fuller & thaler asset management, inc.	4.64%	1,844,827	SC 13G/A
Feb 09, 2023	vanguard group inc	10.32%	4,100,716	SC 13G/A
Feb 03, 2023	blackrock inc.	8.3%	3,297,146	SC 13G/A
Feb 11, 2022	lsv asset management	4.43%	1,931,441	SC 13G/A
Feb 09, 2022	vanguard group inc	10.17%	4,429,083	SC 13G/A
Feb 08, 2022	fuller & thaler asset management, inc.	5.02%	2,185,661	SC 13G/A
Feb 03, 2022	blackrock inc.	7.4%	3,223,068	SC 13G/A

Recent SEC filings of City Office REIT Inc

View All Filings

Date Filed	Form Type	Document
Mar 28, 2024	S-3	S-3
Mar 21, 2024	4	Insider Trading
Mar 13, 2024	ARS	ARS
Mar 13, 2024	DEF 14A	DEF 14A
Mar 13, 2024	DEFA14A	DEFA14A
Feb 22, 2024	10-K	Annual Report
Feb 22, 2024	8-K	Current Report
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Jan 26, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to City Office REIT Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	80.6B	11.1B	-10.93%	-13.71%	58.97	7.23	4.04%	-19.43%
CCI	40.9B	7.0B	-7.55%	-21.57%	27.25	5.86	-0.07%	-10.36%
AVB	27.2B	2.8B	5.99%	11.94%	29.29	9.83	6.73%	-18.30%
ARE	19.9B	3.0B	-5.56%	-2.28%	103.23	6.73	10.44%	-74.28%
AMH	12.9B	1.6B	0.42%	10.98%	29.97	8.06	7.80%	39.39%
REG	10.9B	1.3B	0.22%	-0.72%	29.89	8.24	8.04%	-24.50%
BXP	9.7B	3.3B	1.39%	20.98%	51.1	2.97	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.1B	3.80%	8.31%	35.91	7.52	5.38%	-38.52%
MAC	3.3B	884.1M	-7.80%	63.34%	-12.1	3.75	2.90%	-314.82%
SLG	3.3B	899.4M	0.34%	130.33%	-5.84	3.66	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	0.71%	18.73%	19.99	2.93	4.38%	15.77%
AIV	1.2B	198.2M	0.50%	5.01%	-7.34	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.13%	4.35%	13.43	1.78	25.53%	134.62%
NYMT	636.8M	258.7M	1.45%	-29.99%	-13.09	2.46	0.11%	83.70%
IVR	408.5M	277.9M	-9.26%	-18.00%	-25.76	1.47	44.33%	96.06%

City Office REIT Inc News

Latest updates

City Office REIT Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-100.0%	-	44.00	45.00	46.00	46.00	46.00	45.00	45.00	348	45.00	40.00	47.00	40.00	41.00	40.00	40.00	39.00	39.00	41.00	37.00	34.00
Operating Expenses	7.1%	38.00	36.00	37.00	37.00	49.00	36.00	36.00	36.00	30.00	38.00	32.00	31.00	32.00	33.00	32.00	32.00	32.00	32.00	32.00	31.00	34.00
S&GA Expenses	9.8%	4.00	4.00	4.00	4.00	3.00	4.00	4.00	3.00	2.00	8.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	2.00
Interest Expenses	2.4%	8.00	8.00	8.00	8.00	8.00	7.00	6.00	6.00	6.00	6.00	6.00	7.00	7.00	7.00	7.00	7.00	7.00	8.00	8.00	7.00	6.00
Net Income	-6480.2%	-2.83	-0.04	-0.52	1.00	-12.59	2.00	3.00	25.00	433	1.00	2.00	49.00	0.00	3.00	1.00	1.00	3.00	-0.95	1.00	-0.92	-6.68
Net Income Margin	84.0%	-0.01*	-0.09*	-0.10*	-0.11*	0.79*	0.96*	0.95*	0.96*	1.01*	0.30*	0.32*	0.32*	-	-	-	-	-	-	-	-	-
Free Cashflow	-56.0%	9.00	21.00	14.00	14.00	10.00	22.00	60.00	15.00	7.00	30.00	20.00	16.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.4%	1,511	1,532	1,537	1,576	1,574	1,584	1,611	1,632	1,602	1,152	1,128	1,088	1,157	1,173	1,212	1,298	1,228	1,190	1,150	1,145	1,100
Cash Equivalents	-18.1%	30.00	37.00	38.00	36.00	28.00	22.00	26.00	27.00	21.00	18.00	13.00	15.00	46.00	38.00	67.00	147	88.00	12.00	12.00	15.00	33.00
Liabilities	-1.2%	739	748	749	784	771	760	735	745	731	706	675	629	739	748	771	772	679	722	773	758	702
Long Term Debt	-0.2%	670	671	678	708	690	676	654	662	654	603	613	573	677	679	705	706	607	652	710	695	645
Shareholder's Equity	-1.5%	772	784	789	792	803	824	876	887	871	447	453	460	418	425	441	526	549	468	377	386	398
Retained Earnings	-3.7%	221	230	236	242	252	274	282	289	276	-146	-139	-132	-172	-164	-159	-151	-142	-128	-114	-104	-92.11
Additional Paid-In Capital	0.2%	439	438	437	436	436	435	479	483	482	481	481	480	479	479	489	566	577	483	378	377	377
Shares Outstanding	0%	40.00	40.00	40.00	40.00	40.00	43.00	44.00	44.00	43.00	44.00	44.00	43.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	215	-	-	-	546	-	-	-	528	-	-	-	428	-	-	-	466	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-56.0%	9,054	20,586	13,700	13,883	9,525	22,183	60,310	14,659	7,491	30,046	20,161	15,524	12,292	16,295	20,597	10,739	12,236	18,625	15,812	2,826	12,108
Share Based Compensation	0%	1,023	1,023	1,024	1,024	992	992	991	904	665	666	665	645	587	588	588	569	432	431	435	444	355
Cashflow From Investing	-48.4%	-10,476	-7,059	-11,384	-12,420	-10,819	-14,983	-14,349	-6,899	-76,967	22,169	-47,704	85,121	-12,559	2,952	-12,864	-5,332	8,824	-52,196	-1,803	-36,747	-100,679
Cashflow From Financing	46.2%	-7,477	-13,893	-1,898	6,514	3,875	-34,915	-24,210	-2,381	41,561	-18,357	30,681	-113,411	-10,143	-46,029	-89,427	71,907	33,942	35,216	-20,160	37,803	87,884
Dividend Payments	0%	5,849	5,849	9,842	9,799	9,798	10,435	10,566	10,566	8,389	8,388	8,364	8,365	8,364	8,504	9,626	14,684	14,674	11,171	11,170	11,148	11,148
Buy Backs	-	-	-	-	-	-	45,082	5,000	-	-	-	-	-	-	10,694	78,049	11,622	-	-	-	-	-

CIO Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Rental and other revenues	$ 179,096	$ 180,485	$ 164,041
Operating expenses:
Property operating expenses	69,997	67,739	58,005
General and administrative	14,841	13,782	15,489
Depreciation and amortization	62,987	62,495	57,317
Impairment of real estate	0	13,444	0
Total operating expenses	147,825	157,460	130,811
Operating income	31,271	23,025	33,230
Interest expense:
Contractual interest expense	(31,876)	(25,784)	(23,268)
Amortization of deferred financing costs and debt fair value	(1,296)	(1,218)	(1,332)
Interest expense, net	(33,172)	(27,002)	(24,600)
Net (loss)/gain on disposition of real estate property	(134)	21,658	476,651
Net (loss)/income	(2,035)	17,681	485,281
Net income attributable to non-controlling interests in properties	(647)	(691)	(886)
Net (loss)/income attributable to the Company	(2,682)	16,990	484,395
Preferred stock distributions	(7,420)	(7,420)	(7,420)
Net (loss)/income attributable to common stockholders	$ (10,102)	$ 9,570	$ 476,975
Net (loss)/income per common share:
Basic	$ (0.25)	$ 0.23	$ 10.97
Diluted	$ (0.25)	$ 0.22	$ 10.8
Weighted average common shares outstanding:
Basic	39,922	42,052	43,498
Diluted	39,922	42,866	44,145
Dividend distributions declared per common share	$ 0.5	$ 0.8	$ 0.65

CIO Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real estate properties
Land	$ 193,524	$ 199,537
Building and improvement	1,194,819	1,215,000
Tenant improvement	152,540	139,365
Furniture, fixtures and equipment	820	689
Real estate properties, gross	1,541,703	1,554,591
Accumulated depreciation	(218,628)	(175,720)
Real estate properties, net	1,323,075	1,378,871
Cash and cash equivalents	30,082	28,187
Restricted cash	13,310	16,075
Rents receivable, net	53,454	44,429
Deferred leasing costs, net	21,046	21,989
Acquired lease intangible assets, net	42,434	55,438
Other assets	27,975	29,450
Total Assets	1,511,376	1,574,439
Liabilities:
Debt	669,510	690,099
Accounts payable and accrued liabilities	29,070	35,753
Deferred rent	7,672	9,147
Tenant rent deposits	7,198	7,040
Acquired lease intangible liabilities, net	7,736	9,150
Other liabilities	17,557	20,076
Total Liabilities	738,743	771,265
Commitments and Contingencies (Note 10)
Equity:
6.625% Series A Preferred stock, $0.01 par value per share, 5,600,000 shares authorized, 4,480,000 issued and outstanding as of December 31, 2023 and 2022	112,000	112,000
Common stock, $0.01 par value, 100,000,000 shares authorized, 39,938,451 and 39,718,767 shares issued and outstanding as of December 31, 2023 and 2022	399	397
Additional paid-in capital	438,867	436,161
Retained earnings	221,213	251,542
Accumulated other comprehensive (loss)/income	(248)	2,731
Total Stockholders' Equity	772,231	802,831
Non-controlling interests in properties	402	343
Total Equity	772,633	803,174
Total Liabilities and Equity	$ 1,511,376	$ 1,574,439

About City Office REIT Inc

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 6.0 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.

CEO	Mr. James Thomas Farrar CFA
WEBSITE	cioreit.com
INDUSTRY	REIT Mortgage
EMPLOYEES	23

City Office REIT Inc Frequently Asked Questions

What is the ticker symbol for City Office REIT Inc? What does CIO stand for in stocks?

CIO is the stock ticker symbol of City Office REIT Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of City Office REIT Inc (CIO)?

As of Thu Apr 25 2024, market cap of City Office REIT Inc is 182.7 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CIO stock?

You can check CIO's fair value in chart for subscribers.

What is the fair value of CIO stock?

You can check CIO's fair value in chart for subscribers. The fair value of City Office REIT Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of City Office REIT Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CIO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is City Office REIT Inc a good stock to buy?

The fair value guage provides a quick view whether CIO is over valued or under valued. Whether City Office REIT Inc is cheap or expensive depends on the assumptions which impact City Office REIT Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CIO.

What is City Office REIT Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, CIO's PE ratio (Price to Earnings) is -72.63 and Price to Sales (PS) ratio is 0.98. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CIO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on City Office REIT Inc's stock?

In the past 10 years, City Office REIT Inc has provided -0.036 (multiply by 100 for percentage) rate of return.