CIO logo

City Office REIT
CIO

Last Price

Financial Snapshot

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Market Data

Market Cap
$282.14M
EV
$775.10M
Shares Outstanding
40.36M
Beta
1.59
Industry
REIT - Office

Wall Street View

Analyst Rating
OUTPERFORM
Analyst Target Price
Number of Analysts
2
P/E 2025E
-
P/Revenue 2025E
1.66x

Historical 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Forecasted 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Margins & Returns

Gross Margin 2025E
61.00%
Net Profit Margin 2025E
-9.47%
ROE 2025E
-
ROCE 2024
-3.92%

Dividends

DPS 2025E
$0.40
Payout Ratio 2025E
-100.00%
Div. Yield 2025E
5.79%
DPS Last 3Y CAGR

Price Dynamic

Price

%

1M

3M

6M

1Y

3Y

5Y

Peers

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About City Office REIT, Inc.

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CIO logo

City Office REIT, Inc.

CIO

City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 4.2 million square feet of office properti...

Sector

Real Estate

Industry

REIT - Office

CEO

Farrar, James

Employees

20

IPO Date

2014-04-15

Headquarters

Suite 3210, 666 Burrard Street, Vancouver, British Columbia, V6C 2X8, Canada

📊 Stock Price & Performance

The last closing price of City Office REIT (CIO) is $6.99, reflecting a +0.36% change from the prior session. Last updated: December 31, 2025 at 4:03 PM Eastern Time

Review the recent CIO stock performance trends:Past 1 Month: City Office REIT (CIO) shares have +2.64%.Past 3 Months: The stock has +0.43%.Past 6 Months: CIO shares have +30.90%. Last updated: December 31, 2025 at 11:27 PM Eastern Time

Over the last year, City Office REIT (CIO) has established a 52-week price range between a high of $7.01 and a low of $4.19. This metric is essential for assessing the stock's annual volatility. Last updated: December 31, 2025 at 11:27 PM Eastern Time

City Office REIT (CIO) is considered a high volatility stock. It has a beta of 1.59, which means it typically moves 1.59 times as much as the broader market. Over the past 52 weeks, CIO has traded within a $4.19 – $7.01 range. Last updated: December 31, 2025 at 11:27 PM Eastern Time

Based on current CIO analyst forecasts and market assumptions, the consensus price target for City Office REIT (CIO) is $6.13 for 2027. Relative to the current price of $6.99, this implies a potential downside of -12.38%. Price targets reflect forward-looking estimates based on information available at the time and are inherently subject to change as underlying assumptions, company fundamentals, or market conditions evolve. Last updated: December 31, 2025 at 11:27 PM Eastern Time

A $1,000 investment in City Office REIT 5 years ago, when the stock was trading around $9.77, would be worth approximately $715.36 today, based solely on share price performance (excluding dividends). This represents a total return of -28.46% over the period, equivalent to a compound annual growth rate (CAGR) of -6.48%. Past performance reflects historical price movements only and does not imply future results. Last updated: December 31, 2025 at 11:27 PM Eastern Time

💰 Financial Metrics & Reports

The current City Office REIT (CIO) market capitalization is approximately $282.14M, based on its latest share price and shares outstanding. Market capitalization represents the total market value of a company's equity and is calculated by multiplying the current stock price by the number of shares outstanding. As a result, City Office REIT's market cap fluctuates with changes in its share price and share count. Last updated: December 31, 2025 at 11:27 PM Eastern Time

In the most recently reported quarter, City Office REIT (CIO) generated $37.28M in revenue, representing a -12.03% year over year change. For the next quarter, analyst consensus currently expects revenue of approximately $43.82M, implying an expected +4.53% year over year change. Quarterly revenue results and expectations reflect underlying demand trends, pricing dynamics, product or service mix, seasonality, and broader macroeconomic conditions. Actual results may differ from consensus estimates as new information becomes available. Last updated: December 31, 2025 at 7:10 PM Eastern Time

In the most recently reported fiscal year, City Office REIT (CIO) generated net income of $-25.10M, compared with $-10.10M in the prior fiscal year, representing a -148.47% year over year change. For the upcoming fiscal year, analyst consensus currently estimates net income of $-16.09M. Net income may be positive or negative and can fluctuate materially from year to year due to changes in operating performance, non-recurring or one-time items, accounting treatments, capital structure, and broader macroeconomic conditions. Last updated: December 31, 2025 at 7:10 PM Eastern Time

According to its latest quarterly filing, City Office REIT (CIO) reported EBITDA of $17.88M, representing a -14.03% year over year change. For the upcoming quarter, analyst consensus currently expects EBITDA of $23.03M, reflecting assumptions around revenue trends, operating costs, scale efficiencies, and margin dynamics. EBITDA is a non-GAAP measure and does not account for depreciation, amortization, interest expense, taxes, or capital expenditures. As a result, it should be considered alongside other financial metrics when assessing operating performance. Actual results may differ from estimates as company-specific or macroeconomic conditions evolve. Last updated: December 31, 2025 at 7:10 PM Eastern Time

As of the most recent reporting period, the company's debt-to-equity ratio stands at 0.66x, calculated as total debt divided by total shareholders' equity. A lower debt-to-equity ratio generally indicates a more conservative capital structure with less reliance on external borrowing, while a higher ratio suggests greater financial leverage and potentially higher sensitivity to interest rates, refinancing conditions, and earnings volatility. The debt-to-equity ratio should be interpreted in the context of the company's industry, business model, cash flow stability, and balance sheet composition. Last updated: December 31, 2025 at 7:10 PM Eastern Time

Based on the latest available data, City Office REIT (CIO) is currently trading at a last twelve months (LTM) P/E ratio of -2.18x. Looking forward, the stock trades at a next twelve months (NTM) P/E ratio of -17.48x, based on consensus earnings estimates. The P/E ratio reflects how much investors are willing to pay today for a dollar of earnings and can vary meaningfully over time due to changes in profitability, growth expectations, margin outlook, and earnings volatility. Last updated: December 31, 2025 at 7:10 PM Eastern Time

📅 Earnings & Dividends

City Office REIT (CIO) is currently scheduled to report its next earnings results on April 29, 2026. Earnings dates are subject to change and may be updated by the company with limited notice. Investors typically monitor upcoming earnings releases closely, as they can result in increased volatility depending on reported results, forward guidance, and management commentary. Last updated: December 31, 2025 at 11:27 PM Eastern Time

In the most recently reported quarter, City Office REIT (CIO) revenue was $37.28M, compared with analyst consensus expectations of $43.21M, representing a -13.74% revenue surprise versus expectations. Earnings per share (EPS) for the quarter were $-0.14, compared with consensus estimates of $-0.10, resulting in an -40.00% EPS surprise. Revenue and EPS surprises may be positive or negative and can influence near-term stock performance depending on expectations, forward guidance, and broader market and sector conditions. For a detailed history of analyst expectations versus reported results, view the full estimates vs. actuals track record here: 👉 Estimates vs. Actuals Last updated: December 31, 2025 at 7:10 PM Eastern Time

City Office REIT's (CIO) earnings reports, including quarterly and annual financial statements, are available through the company's official regulatory filings with the U.S. Securities and Exchange Commission (SEC). On Gainify, you can access City Office REIT's full set of filings, including earnings releases, Form 10-Q, Form 10-K, and other disclosures, in one place: City Office REIT SEC Filings These filings provide detailed information on City Office REIT's financial performance and are considered the primary source of verified financial data for publicly traded companies.

City Office REIT (CIO) has paid dividends over the last twelve months (LTM), totaling $0.30 per share. Based on current analyst expectations, dividends over the next twelve months (NTM) are estimated at $0.40 per share , implying a forward dividend yield of +5.72% at the current share price. Dividend payments are subject to board approval and may change depending on profitability, cash flow, capital allocation priorities, and broader market conditions. Last updated: December 31, 2025 at 7:10 PM Eastern Time

📈 Analyst Information

Analyst assessments of whether City Office REIT (CIO) consensus price target is overvalued or undervalued are generally expressed relative to consensus valuation frameworks and price targets, rather than as an absolute judgment.Current share price: $6.99Consensus price target: $6.13Implied return: -12.38% An implied return above current levels indicates that, on average, analysts view the stock as trading below their estimated fair value. Conversely, an implied return below current levels suggests the stock may be fully valued or priced above consensus expectations. This content is for informational purposes only and does not constitute investment advice. Last updated: December 31, 2025 at 7:10 PM Eastern Time

Based on the latest available analyst coverage, City Office REIT (CIO) currently carries a Outperform consensus rating. Analysts' average CIO price target is $6.13. Relative to the current share price of $6.99, this suggests a potential price change of approximately -12.38%. Analyst views are forward-looking estimates and should not be considered investment advice. Last updated: December 31, 2025 at 7:10 PM Eastern Time

Like other publicly traded stocks, City Office REIT (CIO) shares are bought and sold on stock exchanges such as NYSE and other supported markets, depending on the listing. The most common way to buy shares is through an online brokerage account. To get started, you typically need to: Open an account with a licensed stock brokerComplete the broker's verification processFund your accountPlace a buy order for City Office REIT (CIO) shares Trading involves risk, and investors should consider their financial objectives and risk tolerance before investing.

ℹ️ Company Information

At the top right of this page, you'll see a star icon labeled Add to watchlist. Click it to add CIO to your watchlist.

City Office REIT trades under the ticker symbol CIO on the NYSE stock exchange. The ticker CIO is used to identify the company's common stock across trading platforms, market data providers, and regulatory filings.

As of the most recently reported period, City Office REIT (CIO) employs approximately 20 people worldwide. Reported employee figures may fluctuate over time due to hiring activity, restructuring, automation initiatives, or changes in business strategy. Headcount data is typically disclosed in company filings and reflects full-time employees unless otherwise stated. Last updated: December 31, 2025 at 11:27 PM Eastern Time

City Office REIT (CIO) operates in a highly competitive market with companies that often have different business models, geographic exposure, and end markets. While no two companies are identical, the following firms are generally considered the closest City Office REIT (CIO) stock peers based on overlapping products, services, and competitive dynamics:Whitestone REIT (WSR)NETSTREIT (NTST)Easterly Government Properties (DEA)UMH Properties (UMH)CareTrust REIT (CTRE)Postal Realty Trust (PSTL) These peers may differ in size, business mix, financial profile, and strategic focus, but they are commonly referenced due to overlapping markets, customer segments, or competitive positioning relative to City Office REIT.

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Market data is sourced from S&P Global Market Intelligence. All insights and analysis are developed by Gainify. Copyright © 2026, S&P Global Market Intelligence. All rights reserved.

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