City Office REIT Inc CIO
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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City Office REIT Reports First Quarter 2024 Results
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City Office REIT Announces First Quarter 2024 Earnings Release and Conference Call
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SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of City Office REIT, Inc. (NYSE: CIO)
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City Office REIT Announces Dividends for First Quarter 2024
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Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.
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Do you need investment income? Here are 20 -2-
Trading Information
- Previous Close Price
- $4.93
- Day Range
- $4.89–5.02
- 52-Week Range
- $3.46–6.71
- Bid/Ask
- $4.44 / $6.38
- Market Cap
- $197.16 Mil
- Volume/Avg
- 108,246 / 216,577
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 1.11
- Dividend Yield (Trailing)
- 8.15%
- Dividend Yield (Forward)
- 8.15%
- Total Yield
- 8.15%
Company Profile
City Office REIT Inc is a real estate investment trust. It is focused on acquiring, owning, and operating high-quality office properties located predominantly in Sun Belt markets. The principal objective of the company is to provide attractive risk-adjusted returns to its investors over the long-term through a combination of dividends and capital appreciation. The company owns office buildings in the metropolitan areas of Dallas, Denver, Orlando, Phoenix, Portland, Raleigh, San Diego, Seattle, and Tampa.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Small Value
- Total Number of Employees
- 20
- Website
- https://www.cioreit.com
Comparables
Valuation
|
Metric
|
CIO
|
AIRC
|
KRC
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 9.02 | 19.33 |
Price/Book Value | 0.30 | 2.47 | 0.73 |
Price/Sales | 1.11 | 7.18 | 3.55 |
Price/Cash Flow | 3.24 | 14.70 | 6.69 |
Price/Earnings
CIO
AIRC
KRC
Financial Strength
|
Metric
|
CIO
|
AIRC
|
KRC
|
|---|---|---|---|
Quick Ratio | 0.34 | 0.46 | 2.03 |
Current Ratio | 0.39 | 0.53 | 2.06 |
Interest Coverage | 0.89 | 6.27 | 2.53 |
Quick Ratio
CIO
AIRC
KRC
Profitability
|
Metric
|
CIO
|
AIRC
|
KRC
|
|---|---|---|---|
Return on Assets (Normalized) | 0.05% | 10.96% | 2.24% |
Return on Equity (Normalized) | 0.12% | 31.06% | 4.65% |
Return on Invested Capital (Normalized) | 2.25% | 13.75% | 3.09% |
Return on Assets
CIO
AIRC
KRC
REIT - Office Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ARE
| Alexandria Real Estate Equities Inc | Lvcbxcrr | Lsd | $20.6 Bil | |
BXP
| Boston Properties Inc | Mjbfmfsbh | Fcgxt | $9.4 Bil | |
GECFF
| Gecina Nom | — | Pjvshky | $8.1 Bil | |
NBFJF
| Nippon Building Fund Inc | — | Ngmndf | $6.2 Bil | |
MRPRF
| Merlin Properties SOCIMI SA | — | Tzr | $5.7 Bil | |
DEXSF
| Dexus | — | Xlpfz | $4.9 Bil | |
MPCMF
| Mapletree Pan Asia Commercial Trust Units Real Estate Investment Trust Reg | — | Cyns | $4.9 Bil | |
VNO
| Vornado Realty Trust | Zrhxtzpgw | Wwm | $4.6 Bil | |
KRC
| Kilroy Realty Corp | Qpskyqdsr | Djwwp | $3.9 Bil | |
SLG
| SL Green Realty Corp | Xvzzycpbg | Lvm | $3.4 Bil |