City Office
$ 6.97
0.14%
26 Dec - close price
- Market Cap 281,335,000 USD
- Current Price $ 6.97
- High / Low $ 6.97 / 6.96
- Stock P/E N/A
- Book Value 12.34
- EPS -3.21
- Next Earning Report 2026-01-01
- Dividend Per Share $0.30
- Dividend Yield 4.31 %
- Next Dividend Date -
- ROA 0.01 %
- ROE -0.18 %
- 52 Week High 7.01
- 52 Week Low 4.12
About
City Office REIT, Inc. (NYSE: CIO) is a strategic real estate investment trust dedicated to acquiring and managing high-quality office properties in thriving urban markets primarily located in the southern and western United States. The company employs a disciplined investment approach, focusing on assets characterized by strong economic fundamentals and the potential for value appreciation, effectively aligning with demographic trends in these vibrant 18-hour cities. City Office is committed to providing sustainable income and long-term capital growth, positioning itself as an appealing investment choice for institutional investors looking for stability and growth opportunities within the dynamic real estate landscape.
Analyst Target Price
$6.12
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-11-28 | 2025-07-30 | 2025-05-01 | 2025-02-20 | 2024-10-31 | 2024-08-01 | 2024-05-03 | 2024-02-22 | 2023-11-09 | 2023-08-03 | 2023-05-05 | 2023-02-23 |
| Reported EPS | -0.14 | -2.66 | -0.09 | -0.1019 | -0.11 | -0.14 | -0.06 | -0.11 | -0.05 | -0.06 | -0.03 | -0.36 |
| Estimated EPS | -0.115 | -0.1033 | -0.1 | -0.095 | -0.12 | -0.08 | -0.13 | -0.05 | -0.07 | -0.06 | -0.04 | -0.05 |
| Surprise | -0.025 | -2.5567 | 0.01 | -0.0069 | 0.01 | -0.06 | 0.07 | -0.06 | 0.02 | 0 | 0.01 | -0.31 |
| Surprise Percentage | -21.7391% | -2475.0242% | 10% | -7.2632% | 8.3333% | -75% | 53.8462% | -120% | 28.5714% | 0% | 25% | -620% |
Next Quarterly Earnings
| Sep 2025 | |
|---|---|
| Reported Date | 2026-01-01 |
| Fiscal Date Ending | 2025-09-30 |
| Estimated EPS | 0.25 |
| Currency | USD |
Previous Dividend Records
| Jan 1970 | Apr 2025 | Jan 1970 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | Oct 2023 | Jul 2023 | Apr 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | None | 2025-04-24 | None | 2024-10-24 | 2024-07-24 | 2024-04-24 | 2024-01-24 | 2023-10-24 | 2023-07-21 | 2023-04-25 |
| Amount | $0.1 | $0.1 | $0.1 | $0.1 | $0.1 | $0.1 | $0.1 | $0.1 | $0.1 | $0.2 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: CIO
2025-12-05 03:51:19
City Office REIT announced on December 4, 2025, the redemption of its Series A Preferred Stock. This redemption, anticipated for January 9, 2026, is part of a planned merger with MCME Carell Merger Sub, with shares to be redeemed at $25 plus accrued distributions. The information is based on an SEC filing.
2025-12-05 03:51:19
City Office REIT (CIO) will redeem all outstanding shares of its 6.625% Series A Cumulative Redeemable Preferred Stock ahead of its merger with MCME Carell Holdings. Each preferred share will be redeemed for $25.00 cash plus accrued distributions, with the redemption anticipated on January 9, 2026. This action aligns the company's capital structure with the planned take-private transaction.
2025-11-24 03:51:19
LSV Asset Management recently increased its stake in City Office REIT, Inc. (NYSE:CIO) by 6.5% during the second quarter, acquiring an additional 96,329 shares. This brings their total holdings to 1,582,009 shares, valued at approximately $8.45 million, representing 3.92% of the company. Other institutional investors also adjusted their positions in CIO, with analysts currently holding a consensus "Reduce" rating for the stock.
2025-07-31 00:00:00
MCME Carell is set to acquire City Office REIT (NYSE: CIO) for $1.1 billion in an all-cash deal, which includes the sale of City Office’s Phoenix portfolio and is expected to close in Q4. This acquisition comes amidst a challenging commercial real estate market, with the CEO stating it delivers immediate and significant value to shareholders. Despite a market decline post-pandemic, analysts project future growth for the global commercial real estate industry, with North America currently dominating the market.
2025-07-26 10:27:00
City Office REIT's common shares are being acquired for $7 per share, and its Series A preferred shares will be redeemed at $25. Both share classes are now trading close to these acquisition values, largely reflecting the deal's premium. Given the minimal remaining upside and completion risk, the author is withdrawing their bullish stance to a neutral view for both common and Series A preferred shares.
2025-07-24 21:39:00
Vancouver-based City Office REIT Inc. is set to go private in a US$1.1 billion deal with affiliates of Elliott Investment Management and Morning Calm Management. The acquisition is contingent upon City Office selling its Phoenix office portfolio for USD$296 million. This transaction provides immediate value to shareholders amid a challenging office sector environment, according to CEO James Farrar.
