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Real Estate - REIT - Office - NYSE - US
$ 5.15
-1.53 %
$ 207 M
Market Cap
-12.26
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one CIO stock under the worst case scenario is HIDDEN Compared to the current market price of 5.15 USD, City Office REIT, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one CIO stock under the base case scenario is HIDDEN Compared to the current market price of 5.15 USD, City Office REIT, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one CIO stock under the best case scenario is HIDDEN Compared to the current market price of 5.15 USD, City Office REIT, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
179 M REVENUE
-0.77%
31.3 M OPERATING INCOME
-11.29%
-2.04 M NET INCOME
-11.98%
57.2 M OPERATING CASH FLOW
-46.36%
-41.3 M INVESTING CASH FLOW
12.14%
-16.8 M FINANCING CASH FLOW
70.93%
42.4 M REVENUE
0.07%
6.16 M OPERATING INCOME
-2.39%
-2.23 M NET INCOME
40.64%
18.3 M OPERATING CASH FLOW
19.34%
-11.1 M INVESTING CASH FLOW
-2.84%
-7.53 M FINANCING CASH FLOW
-64.37%
Balance Sheet City Office REIT, Inc.
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Current Assets 96.8 M
Cash & Short-Term Investments 30.1 M
Receivables 53.5 M
Other Current Assets 13.3 M
Non-Current Assets 1.41 B
Long-Term Investments 1.6 M
PP&E 12.6 M
Other Non-Current Assets 1.4 B
Current Liabilities 137 M
Accounts Payable 29.1 M
Short-Term Debt 108 M
Other Current Liabilities 0
Non-Current Liabilities 601 M
Long-Term Debt 563 M
Other Non-Current Liabilities 37.9 M
EFFICIENCY
Earnings Waterfall City Office REIT, Inc.
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Revenue 179 M
Cost Of Revenue 70 M
Gross Profit 109 M
Operating Expenses 77.8 M
Operating Income 31.3 M
Other Expenses 33.3 M
Net Income -2.04 M
RATIOS
60.92% GROSS MARGIN
60.92%
17.46% OPERATING MARGIN
17.46%
-1.50% NET MARGIN
-1.50%
-0.35% ROE
-0.35%
-0.18% ROA
-0.18%
2.17% ROIC
2.17%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis City Office REIT, Inc.
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Net Income -2.04 M
Depreciation & Amortization 63 M
Capital Expenditures 0
Stock-Based Compensation 4.09 M
Change in Working Capital -2.62 M
Others -7.82 M
Free Cash Flow 57.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets City Office REIT, Inc.
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CIO has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
2.50% DIVIDEND YIELD
0.1 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership City Office REIT, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
165 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
10 months ago
Mar 19, 2024
Bought 165 K USD
Mazan Michael
Director
+ 39000
4.2249 USD
2 years ago
Aug 08, 2022
Bought 13.2 K USD
Sweet John
director:
+ 1000
13.21 USD
3 years ago
Aug 26, 2021
Sell 76.5 K USD
Farrar James Thomas
Chief Executive Officer
- 3000
25.5 USD
3 years ago
Aug 25, 2021
Bought 24.8 K USD
Flatt William R
Director
+ 1560
15.895 USD
4 years ago
Sep 23, 2020
Bought 71.6 K USD
Maretic Anthony
Chief Financial Officer
+ 10000
7.1599 USD
4 years ago
Sep 21, 2020
Bought 86 K USD
Farrar James Thomas
Chief Executive Officer
+ 11500
7.477 USD
4 years ago
Mar 26, 2020
Bought 107 K USD
Farrar James Thomas
Chief Executive Officer
+ 15000
7.1382 USD
4 years ago
Mar 26, 2020
Bought 25.9 K USD
Farrar James Thomas
Chief Executive Officer
+ 1500
17.2782 USD
4 years ago
Mar 17, 2020
Bought 80.1 K USD
SHRAIBERG STEPHEN B
+ 10000
8.0078 USD
4 years ago
Mar 16, 2020
Bought 38.4 K USD
Tylee Gregory
President & COO
+ 5000
7.68 USD
4 years ago
Mar 11, 2020
Bought 49.7 K USD
Sweet John
Director
+ 5000
9.94 USD
4 years ago
Feb 28, 2020
Bought 113 K USD
Sweet John
Director
+ 10000
11.289 USD
5 years ago
Aug 08, 2019
Bought 25.7 K USD
Sweet John
Director
+ 2000
12.849 USD
5 years ago
May 08, 2019
Bought 35.5 K USD
Sweet John
Director
+ 3000
11.84 USD
5 years ago
Mar 06, 2019
Bought 45.6 K USD
Farrar James Thomas
Chief Executive Officer
+ 4000
11.41 USD
5 years ago
Mar 06, 2019
Bought 45.5 K USD
Farrar James Thomas
Chief Executive Officer
+ 4000
11.37 USD
6 years ago
Dec 27, 2018
Bought 49.2 K USD
Tylee Gregory
President & COO
+ 5000
9.83 USD
6 years ago
Dec 27, 2018
Bought 49.2 K USD
Tylee Gregory
President & COO
+ 5000
9.83 USD
6 years ago
Nov 29, 2018
Bought 10.7 K USD
Sweet John
Director
+ 1000
10.7 USD
6 years ago
Nov 05, 2018
Bought 108 K USD
SHRAIBERG STEPHEN B
Director
+ 10000
10.76 USD
6 years ago
Nov 05, 2018
Bought 108 K USD
SHRAIBERG STEPHEN B
Director
+ 10000
10.79 USD
6 years ago
Nov 05, 2018
Bought 108 K USD
SHRAIBERG STEPHEN B
Director
+ 10000
10.81 USD
6 years ago
Nov 05, 2018
Bought 53.9 K USD
SHRAIBERG STEPHEN B
Director
+ 5000
10.78 USD
6 years ago
Mar 21, 2018
Bought 22.9 K USD
Sweet John
Director
+ 2000
11.448 USD
6 years ago
Mar 08, 2018
Bought 110 K USD
SHRAIBERG STEPHEN B
Director
+ 10000
11.045 USD
7 years ago
Aug 29, 2017
Bought 75.1 K USD
Farrar James Thomas
Chief Executive Officer
+ 6000
12.516 USD
7 years ago
May 11, 2017
Bought 12.1 K USD
Sweet John
Director
+ 1000
12.089 USD
7 years ago
May 09, 2017
Bought 24.5 K USD
SHRAIBERG STEPHEN B
Director
+ 2000
12.2358 USD
7 years ago
Mar 10, 2017
Bought 5.9 K USD
Flatt William R
Director
+ 500
11.81 USD
7 years ago
Mar 07, 2017
Bought 25.1 K USD
Flatt William R
Director
+ 2000
12.53 USD
7 years ago
Mar 10, 2017
Bought 119 K USD
Tylee Gregory
President & COO
+ 10000
11.9 USD
7 years ago
Mar 08, 2017
Bought 24.7 K USD
Sweet John
Director
+ 2000
12.36 USD
7 years ago
Mar 16, 2017
Bought 60 K USD
Murski Mark Wilhelm
Director
+ 5000
12.009 USD
7 years ago
Mar 15, 2017
Bought 108 K USD
Kohn Jeffrey David
Director
+ 9000
11.95 USD
7 years ago
Mar 15, 2017
Bought 23.2 K USD
McLernon John R.
Director
+ 2000
11.61 USD
7 years ago
Mar 15, 2017
Bought 116 K USD
Farrar James Thomas
Chief Executive Officer
+ 10000
11.55 USD
7 years ago
Mar 10, 2017
Bought 119 K USD
Tylee Gregory
President & COO
+ 10000
11.9 USD
7 years ago
Mar 10, 2017
Bought 5.9 K USD
Flatt William R
Director
+ 500
11.81 USD
7 years ago
Mar 08, 2017
Bought 24.7 K USD
Sweet John
Director
+ 2000
12.36 USD
7 years ago
Mar 07, 2017
Bought 25.1 K USD
Flatt William R
Director
+ 2000
12.53 USD
8 years ago
Jan 13, 2017
Bought 250 K USD
Kohn Jeffrey David
Director
+ 20161
12.4 USD
8 years ago
Dec 09, 2016
Bought 101 K USD
Farrar James Thomas
Chief Executive Officer
+ 8000
12.66 USD
8 years ago
Dec 09, 2016
Bought 34.8 K USD
Farrar James Thomas
Chief Executive Officer
+ 1500
23.189 USD
8 years ago
Dec 06, 2016
Bought 46 K USD
Kohn Jeffrey David
Director
+ 3700
12.43 USD
8 years ago
Nov 14, 2016
Bought 432 USD
Flatt William R
Director
+ 36
12 USD
8 years ago
Nov 09, 2016
Bought 96.1 K USD
SHRAIBERG STEPHEN B
Director
+ 4000
24.0185 USD
8 years ago
Nov 10, 2016
Bought 96 K USD
SHRAIBERG STEPHEN B
Director
+ 4000
24 USD
8 years ago
May 13, 2016
Bought 17.3 K USD
McLernon John R.
Director
+ 1500
11.56 USD
8 years ago
Mar 09, 2016
Bought 18 K USD
BELZBERG SAMUEL
director, 10 percent owner:
+ 1500
12 USD
8 years ago
Mar 07, 2016
Bought 18.2 K USD
Flatt William R
Director
+ 1500
12.1599 USD
8 years ago
Mar 07, 2016
Bought 60.1 K USD
SHRAIBERG STEPHEN B
Director
+ 5000
12.0121 USD
9 years ago
Nov 23, 2015
Bought 611 K USD
BELZBERG SAMUEL
director, 10 percent owner:
+ 55000
11.1048 USD
9 years ago
Nov 12, 2015
Bought 127 K USD
BELZBERG SAMUEL
Director
+ 11520
11 USD
9 years ago
Nov 12, 2015
Bought 127 K USD
BELZBERG SAMUEL
director, 10 percent owner:
+ 11520
11 USD
9 years ago
Nov 11, 2015
Bought 112 K USD
SHRAIBERG STEPHEN B
Director
+ 10000
11.23 USD
9 years ago
Nov 11, 2015
Bought 112 K USD
SHRAIBERG STEPHEN B
Director
+ 10000
11.23 USD
9 years ago
Nov 11, 2015
Bought 33.6 K USD
Flatt William R
Director
+ 3000
11.19 USD
9 years ago
Nov 11, 2015
Bought 1.68 K USD
Farrar James Thomas
Chief Executive Officer
+ 150
11.19 USD
9 years ago
Nov 11, 2015
Bought 2.24 K USD
Farrar James Thomas
Chief Executive Officer
+ 200
11.19 USD
9 years ago
Nov 11, 2015
Bought 8.95 K USD
Farrar James Thomas
Chief Executive Officer
+ 800
11.185 USD
9 years ago
Nov 11, 2015
Bought 83.7 K USD
Farrar James Thomas
Chief Executive Officer
+ 7500
11.16 USD
10 years ago
Dec 17, 2014
Bought 25.2 K USD
SHRAIBERG STEPHEN B
Director
+ 2000
12.585 USD
10 years ago
Dec 17, 2014
Bought 25.1 K USD
SHRAIBERG STEPHEN B
Director
+ 2000
12.57 USD
10 years ago
Dec 17, 2014
Bought 25.1 K USD
SHRAIBERG STEPHEN B
Director
+ 2000
12.56 USD
10 years ago
Dec 17, 2014
Bought 25.1 K USD
SHRAIBERG STEPHEN B
Director
+ 2000
12.548 USD
10 years ago
Dec 17, 2014
Bought 62.8 K USD
SHRAIBERG STEPHEN B
Director
+ 5000
12.55 USD
10 years ago
Dec 15, 2014
Bought 18.8 K USD
Tylee Gregory
President & COO
+ 1500
12.55 USD
10 years ago
Dec 10, 2014
Bought 375 K USD
SHRAIBERG STEPHEN B
Director
+ 30000
12.5 USD
10 years ago
Dec 10, 2014
Bought 86.9 K USD
Maretic Anthony
Chief Financial Officer
+ 6900
12.59 USD
10 years ago
Dec 08, 2014
Bought 17.7 K USD
Tylee Gregory
President & COO
+ 1400
12.61 USD
10 years ago
Dec 09, 2014
Bought 44.3 K USD
Farrar James Thomas
Chief Executive Officer
+ 3500
12.66 USD
10 years ago
Dec 08, 2014
Bought 37.9 K USD
Farrar James Thomas
Chief Executive Officer
+ 3000
12.62 USD
10 years ago
Dec 08, 2014
Bought 18.9 K USD
Farrar James Thomas
Chief Executive Officer
+ 1500
12.61 USD
10 years ago
Sep 24, 2014
Bought 16.7 K USD
Flatt William R
Director
+ 1260
13.29 USD
10 years ago
Sep 04, 2014
Bought 2.16 K USD
Flatt William R
Director
+ 173
12.5 USD
10 years ago
Sep 03, 2014
Bought 838 USD
Flatt William R
Director
+ 67
12.5 USD
10 years ago
Aug 27, 2014
Bought 32.4 K USD
Farrar James Thomas
Chief Executive Officer
+ 2518
12.88 USD
10 years ago
Aug 25, 2014
Bought 95.5 K USD
Farrar James Thomas
Chief Executive Officer
+ 7482
12.77 USD
10 years ago
Aug 19, 2014
Bought 62.8 K USD
SHRAIBERG STEPHEN B
Director
+ 5000
12.565 USD
10 years ago
Jun 10, 2014
Bought 50.1 K USD
Murski Mark Wilhelm
Director
+ 4000
12.52 USD
10 years ago
May 30, 2014
Bought 24.9 K USD
McLernon John R.
Director
+ 2000
12.4333 USD
10 years ago
May 29, 2014
Bought 49.3 K USD
McLernon John R.
Director
+ 4000
12.3187 USD
10 years ago
May 29, 2014
Bought 98.5 K USD
Farrar James Thomas
Chief Executive Officer
+ 8000
12.3074 USD
10 years ago
Apr 21, 2014
Sell 1 M USD
BELZBERG SAMUEL
director, 10 percent owner:
- 1000
1000 USD
7. News
5 Promising Price-to-Book Value Stocks to Buy in 2025 The P/B ratio helps to identify low-priced stocks with high growth prospects. GM, USNA, CIO, TRTX and ITRI are some such stocks. zacks.com - 2 weeks ago
Should Value Investors Buy City Office REIT (CIO) Stock? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 2 weeks ago
Tesonet's CIO Eglė Eidimtaitė joins PayPal's Customer Advisory Board Eglė Eidimtaitė, Head of Investment at Tesonet, has become the first Lithuanian to join PayPal's Customer Advisory Board. The board, which is composed of high-value enterprise merchants, was established by PayPal to facilitate the development of personalized solutions, upgrade products, and improve customer experience. globenewswire.com - 3 weeks ago
CIO vs. EGP: Which Stock Is the Better Value Option? Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either City Office REIT (CIO) or EastGroup Properties (EGP). But which of these two stocks is more attractive to value investors? zacks.com - 3 weeks ago
Powell Plays Grinch U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%. seekingalpha.com - 4 weeks ago
City Office: Cash Flow Growth, Proven Strategy, And Extremely Undervalued City Office: Cash Flow Growth, Proven Strategy, And Extremely Undervalued seekingalpha.com - 1 month ago
City Office REIT Provides Update on Impactful Leasing VANCOUVER , Dec. 18, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that it has signed a 60,000 square foot lease with an existing tenant at its premier Terraces property located in Dallas, Texas.  The lease extends the tenant's existing 44,000 square foot space until 2036 and expands the tenant's space by 16,000 square feet. prnewswire.com - 1 month ago
CIO: Expect a weaker USD and stronger gold by year-end 2025 VP Bank's Thomas Rupf discusses his investment strategy for 2025. youtube.com - 1 month ago
5 Low Price-to-Book Value Stocks to Buy as 2024 Draws to a Close The P/B ratio helps to identify low-priced stocks with high growth prospects. GM, FMS, CIO, TRTX and ZIM are some such stocks. zacks.com - 1 month ago
City Office REIT: Undervalued As Fed Cuts Rates City Office REIT trades at a remarkably cheap 3.2x annualized fiscal 2024 third-quarter free cash flow, with a 31% free cash flow yield on market cap. Despite a high debt load, CIO's free cash flow comfortably covers its dividends, with a 6.8% yield for common shares and 8.3% for preferreds. CIO's portfolio is 83.4% occupied, set to rise to 87%, with strong leasing momentum and manageable lease expirations supporting future occupancy gains. seekingalpha.com - 1 month ago
City Office REIT Announces Dividends for Fourth Quarter 2024 VANCOUVER , Dec. 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 fourth 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. prnewswire.com - 1 month ago
Are Investors Undervaluing City Office REIT (CIO) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 1 month ago
8. Profile Summary

City Office REIT, Inc. CIO

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COUNTRY US
INDUSTRY REIT - Office
MARKET CAP $ 207 M
Dividend Yield 2.50%
Description 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 (NRA).
Contact 500 North Akard Street, Dallas, TX, 75201 https://www.cityofficereit.com
IPO Date April 15, 2014
Employees 20
Officers Mr. Anthony Maretic C.A. Chief Financial Officer, Secretary & Treasurer Mr. Gregory Tylee Chief Operating Officer & President Ms. Stephanie Chung Senior Vice President of Finance Mr. James Thomas Farrar CFA Chief Executive Officer & Director Mr. Ken Pool Senior Vice President of Operations