City Office Reit Stock News

JBG SMITH Properties: Almost There

City Office REIT, Inc. (CIO) CEO James Farrar on Q4 2021 Results - Earnings Call Transcript

City Office REIT press release (CIO): Q4 GAAP EPS of $9.76.Core FFO was $0.36 per fully diluted share; AFFO was $0.17 per fully diluted share.Revenue of $39.67M (-0.4% Y/Y).Same…

VANCOUVER, Feb. 25, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter and full year ended December 31, 2021. Fourth Quarter Highlights Rental and other revenues were $39.7 million. GAAP net…

City Office REIT (CIO) delivered FFO and revenue surprises of 12.50% and 5.14%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

City Office REIT found using ticker (CIO) have now 6 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 24 and 19 with a mean TP of 21.83. Given that the stocks previous close was at 18.13 this would imply there is a potential upside of 20.4%. The 50 day MA is 18.6 while the 200 day moving average is 15.96. The company has a market capitalisation of $776m. You can visit the company''s website by visiting: https://www.cityofficereit.com [stock_market_widget type="chart" template="basic" color="green" assets=CIO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $934m based on the market concensus. City Office REIT (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”).

CIO vs. EGP: Which Stock Is the Better Value Option?

City Office REIT with ticker code (CIO) now have 6 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 24 and 19 calculating the average target price we see 21.83. Given that the stocks previous close was at 17.65 this would imply there is a potential upside of 23.7%. The 50 day moving average now sits at 18.56 while the 200 day moving average is 15.82. The market capitalisation for the company is $768m. You can visit the company''s website by visiting: https://www.cityofficereit.com [stock_market_widget type="chart" symbol="CIO" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $950m based on the market concensus. City Office REIT (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”).

The focus with most REITs may be on their income potential, but with these seven, appreciation potential is the main appeal. The post 7 REITs With Major Upside Potential in 2022 appeared first on Inve

City Office REIT (CIO) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could me

VANCOUVER, Jan. 18, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter and year ended Decem

City Office REIT (CIO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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