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Real Estate - REIT - Office - NYSE - US
$ 4.89
0.411 %
$ 196 M
Market Cap
-11.64
P/E
1. INTRINSIC VALUE

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”).[ Read More ]

The intrinsic value of one CIO stock under the base case scenario is HIDDEN Compared to the current market price of 4.89 USD, City Office REIT, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CIO

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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 M INVESTING CASH FLOW
-2.09%
-7.61 M FINANCING CASH FLOW
-66.11%
Balance Sheet Decomposition 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 0
PP&E 0
Other Non-Current Assets 1.41 B
Current Liabilities 137 M
Accounts Payable 29.1 M
Short-Term Debt 108 M
Other Current Liabilities 658 K
Non-Current Liabilities 601 M
Long-Term Debt 592 M
Other Non-Current Liabilities 9.09 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 70 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%
2.15% ROIC
2.15%
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 -8.1 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
165 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
8 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
5 years ago
Dec 27, 2018
Bought 49.2 K USD
Tylee Gregory
President & COO
+ 5000
9.83 USD
5 years ago
Dec 27, 2018
Bought 49.2 K USD
Tylee Gregory
President & COO
+ 5000
9.83 USD
5 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
7 years ago
Jan 13, 2017
Bought 250 K USD
Kohn Jeffrey David
Director
+ 20161
12.4 USD
7 years ago
Dec 09, 2016
Bought 101 K USD
Farrar James Thomas
Chief Executive Officer
+ 8000
12.66 USD
7 years ago
Dec 09, 2016
Bought 34.8 K USD
Farrar James Thomas
Chief Executive Officer
+ 1500
23.189 USD
7 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
7. News
City Office REIT, Inc. (CIO) Q3 2024 Earnings Call Transcript City Office REIT, Inc. (NYSE:CIO ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Tony Maretic - Chief Financial Officer, Treasurer and Corporate Secretary Jamie Farrar - Chief Executive Officer Conference Call Participants Upal Rana - KeyBanc Capital Markets Barry Oxford - Colliers Craig Kucera - Lucid Capital Markets Operator Good morning. And welcome to the City Office REIT, Inc. Third Quarter 2024 Earnings Conference Call. seekingalpha.com - 2 weeks ago
City Office REIT (CIO) Q3 FFO Miss Estimates City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.27 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to FFO of $0.34 per share a year ago. zacks.com - 2 weeks ago
City Office REIT Reports Third Quarter 2024 Results 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. prnewswire.com - 2 weeks ago
Valuation of U.S. market reflects confidence in benign outcome for the economy: Julius Baer CIO Yves Bonzon, chief investment officer at Julius Baer, says the current valuation of the U.S. market reflects the high ray of confidence in a "pretty benign" outcome for the economy over the next few quarters. youtube.com - 2 weeks ago
CIO: Advise our clients to maintain 5% of portfolio allocation in gold Thomas Rupf of VP Bank discusses investment strategy in the current macro environment. youtube.com - 3 weeks ago
CIO: Hold tactical allocation in Chinese stocks until housing market stabilizes Stefan Hofer from LGT Bank Asia says resolving the supply glut in the Chinese housing market is a key signal for investors to be structurally long Chinese stocks. youtube.com - 1 month ago
U.S. Fed interest rate easing cycle would be positive for stocks and gold: CIO Bob Elliott of Unlimited discusses his asset allocation amidst Fed rate cuts that would "add fuel to the fire" and increase the risk of the U.S. transitioning to credit and borrowing-driven growth. youtube.com - 1 month ago
Julius Baer CIO tells rich to brace for private market 'hangover phase' Clients should be wary of the craze for private markets because the "hangover phase" facing a sector pumped up by low rates and high fees will leave it lagging the returns of public equities, the CIO at Swiss private bank Julius Baer said. reuters.com - 1 month ago
Dun & Bradstreet to Present Strategies for Ensuring High-Quality Data for Generative AI Success at The CIO Institute's New York Summit JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, announced today that Isabel Gomez Vidal, Chief Revenue Officer, and Elizabeth Barrette, Senior Vice President of Customer Solutions & Success, will present a keynote address at The CIO Institute's New York City Summit. Gomez Vidal and Barrette will speak on the topic of “Garbage In, Garbage Out: Ensuring High-Quality Data for AI Success.” Attendees of D. businesswire.com - 1 month ago
City Office REIT Announces Third Quarter 2024 Earnings Release and Conference Call 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. prnewswire.com - 1 month ago
City Office REIT: The Preferreds Are Still Too Discounted, 8.7% Dividend Yield City Office REIT's preferreds still trade at a 24% discount to their liquidation value, as Fed rate cuts should drive further yield compression. The REIT is set to see its year-end occupancy come in between 83.5% to 85.5%, growth from the recent second quarter of 100 basis points at the midpoint. AFFO covers the common share dividend by 130%, securing its near-term future. seekingalpha.com - 1 month ago
VERSABANK RECOGNIZED FOR CONTINUING LEADERSHIP IN BANKING TECHNOLOGY –  Bank Named CIO Awards Canada Winner by IDC and CIO   – LONDON, ON , Sept. 26, 2024 /PRNewswire/ - VersaBank has been named a CIO Awards Canada winner by IDC Canada and CIO. prnewswire.com - 1 month ago
8. Profile Summary

City Office REIT, Inc. CIO

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COUNTRY US
INDUSTRY REIT - Office
MARKET CAP $ 196 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 Ms. Stephanie Chung Senior Vice President of Finance Mr. Gregory Tylee Chief Operating Officer & President Mr. Anthony Maretic C.A. Chief Financial Officer, Secretary & Treasurer Mr. James Thomas Farrar CFA Chief Executive Officer & Director Mr. Ken Pool Senior Vice President of Operations