This Office REIT Isn't Cheap, But The 7% Dividend Yield Is Sweet [Seeking Alpha]
City Office REIT, Inc. (CIO)
NASDAQ:AMEX Investor Relations:
cityofficereit.com
Company Research
Source: Seeking Alpha
Summary Operating mid-sized Class A office properties in non-gateway cities in the southern and western regions in the US, City Office REIT ( CIO ) reported positive financial results for the second quarter of 2018. Location in these markets is believed to present two key competitive advantages for CIO. First is physical proximity of CIO's owned assets to a range of quality customers, i.e. government institutions and investment-grade private organizations across different industries and with international, regional, and/or national operations. Second is exposure to geography-specific economic trends at levels more favorable than in gateway markets and compared to national averages. Specifically, these trends pertain to growing populations with corresponding above-average employment growth forecasts from 2018 through to 2023, both of which are believed to ultimately translate to promising office occupancy. Source: Investor Presentation, August 2018 Within this gen
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CIO
News
- City Office REIT, Inc. (NYSE: CIO) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- City Office REIT Announces First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- City Office REIT Announces First Quarter 2024 Earnings Release and Conference CallPR Newswire
- City Office REIT, Inc. (NYSE: CIO) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- City Office REIT, Inc. (NYSE: CIO) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
CIO
Earnings
- 2/22/24 - Miss
CIO
Sec Filings
- 3/28/24 - Form S-3
- 3/21/24 - Form 4
- 3/13/24 - Form ARS
- CIO's page on the SEC website