|Bid||13.28 x 2200|
|Ask||13.29 x 800|
|Day's Range||13.18 - 13.30|
|52 Week Range||9.73 - 14.50|
|Beta (3Y Monthly)||0.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2020 - Mar 2, 2020|
|Forward Dividend & Yield||0.94 (7.11%)|
|1y Target Est||14.93|
Jamie Farrar became the CEO of City Office REIT, Inc. (NYSE:CIO) in 2014. First, this article will compare CEO...
City Office REIT, Inc. (CIO) (“City Office” or the “Company”) announced today that it will be added to the MSCI US REIT Index (RMZ) effective as of the close of market on November 26, 2019. “We are pleased to be joining the public equity REITs that comprise the RMZ,” said James Farrar, the Company’s Chief Executive Officer. “The inclusion in this leading REIT index is a significant milestone for the Company.
City Office REIT (CIO) delivered FFO and revenue surprises of -6.45% and -1.04%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]
Capital improvements at City Office REIT's (CIO) properties expected to have helped the company witness occupancy gains and higher rents in Q3.
City Office REIT, Inc. announced today it will release its financial results for the quarter ended September 30, 2019, before the market opens on Friday, November 1, 2019.
Readers hoping to buy City Office REIT, Inc. (NYSE:CIO) for its dividend will need to make their move shortly, as the...
City Office REIT, Inc. (CIO) (the “Company” or “City Office”) announced today that it has priced an underwritten public offering of 6,000,000 shares of its common stock for total gross proceeds of $83.1 million, before offering expenses. The Company has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of common stock. Including the issuance of 8,000,000 shares pursuant to the Company’s at-the-market (“ATM”) program during the third quarter, the Company expects that 53,647,063 shares of common stock will be outstanding immediately following this offering, excluding the underwriters’ option to purchase additional shares.
City Office REIT, Inc. (CIO) (the “Company” or “City Office”) announced today that it has commenced an underwritten public offering of 6,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 900,000 shares of common stock. The Company intends to use the net proceeds from the offering for the repayment of amounts outstanding under its unsecured credit facility and for general working capital purposes, including funding future acquisitions, capital expenditures and investments.
Micron Technology, Palo Alto Networks, City Office REIT, L3Harris Technologies and National Fuel Gas highlighted as Zacks Bull and Bear of the Day
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The latest hopeful U.S.-China trade war news. The European Central Bank's new stimulus plan. President Trump's call to the Fed. Apple (AAPL) stock hits $1 trillion in market cap. Why City Office REIT (CIO) is a Zacks Rank 1 (Strong Buy) - Free Lunch