City Office Stock Today

CIO Stock  USD 5.80  0.08  1.40%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 40

 
High
 
Low
Below Average
City Office is selling at 5.80 as of the 30th of November 2024; that is 1.40 percent increase since the beginning of the trading day. The stock's open price was 5.72. City Office has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for City Office are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
15th of April 2014
Category
Real Estate
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 . The company has 40.15 M outstanding shares of which 361.32 K shares are currently shorted by investors with about 1.8 days to cover. More on City Office

Moving together with City Stock

  0.73O Realty IncomePairCorr

Moving against City Stock

  0.56LTC LTC PropertiesPairCorr
  0.54SLG SL Green Realty Fiscal Year End 22nd of January 2025 PairCorr
  0.34DRH Diamondrock HospitalityPairCorr

City Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJames Farrar
Old Names[Central Iron Ore Limited, Connected IO Ltd]
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Real Estate, Diversified REITs, REIT—Office, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.140.1185
Fairly Up
Slightly volatile
Gross Profit Margin0.690.6092
Moderately Up
Pretty Stable
Net Debt461.7 M639.4 M
Way Down
Slightly volatile
Total Current Liabilities144.3 M137.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total472.4 M601.3 M
Significantly Down
Slightly volatile
Total Assets907.7 M1.5 B
Way Down
Slightly volatile
Total Current Assets72.7 M96.8 M
Way Down
Slightly volatile
Total Cash From Operating Activities40.6 M57.2 M
Way Down
Slightly volatile
Debt Levels
City Office can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand City Office's financial leverage. It provides some insight into what part of City Office's total assets is financed by creditors.
Liquidity
City Office has 669.51 M in debt with debt to equity (D/E) ratio of 0.76, which is OK given its current industry classification. City Office has a current ratio of 3.19, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for City to invest in growth at high rates of return.

Other Non Cash Items

(5.47 Million)
City Office (CIO) is traded on New York Stock Exchange in USA. It is located in Suite 3210, Vancouver, BC, Canada, V6C 2X8 and employs 20 people. City Office is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 232.89 M. City Office runs under Diversified REITs sector within Real Estate industry. The entity has 40.15 M outstanding shares of which 361.32 K shares are currently shorted by investors with about 1.8 days to cover. City Office has about 28.19 M in cash with 57.22 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68.
Check City Office Probability Of Bankruptcy
Ownership Allocation
City Office holds a total of 40.15 Million outstanding shares. Over half of City Office's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check City Ownership Details

City Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-06-30
498.3 K
Arrowstreet Capital Limited Partnership2024-06-30
384.4 K
Northern Trust Corp2024-09-30
365.4 K
D. E. Shaw & Co Lp2024-09-30
347.9 K
Jpmorgan Chase & Co2024-06-30
347.3 K
Charles Schwab Investment Management Inc2024-09-30
341.4 K
Amvescap Plc.2024-06-30
287.1 K
Citadel Advisors Llc2024-09-30
286.5 K
Group One Trading, Lp2024-06-30
245.3 K
Newtyn Management Llc2024-09-30
3.9 M
Vanguard Group Inc2024-09-30
3.9 M
View City Office Diagnostics

City Office Historical Income Statement

At this time, City Office's EBIT is very stable compared to the past year. As of the 30th of November 2024, Income Tax Expense is likely to grow to about 34.1 M, while Depreciation And Amortization is likely to drop about 59.3 M. View More Fundamentals

City Stock Against Markets

City Office Corporate Directors

William FlattIndependent DirectorProfile
Sabah MirzaIndependent DirectorProfile
John SweetIndependent DirectorProfile
Mark MurskiIndependent DirectorProfile
When determining whether City Office offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of City Office's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of City Office Stock. Outlined below are crucial reports that will aid in making a well-informed decision on City Office Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in City Stock, please use our How to Invest in City Office guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of City Office. If investors know City will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about City Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.52)
Dividend Share
0.4
Earnings Share
(0.42)
Revenue Per Share
4.329
Quarterly Revenue Growth
(0.04)
The market value of City Office is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Office's value that differs from its market value or its book value, called intrinsic value, which is City Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because City Office's market value can be influenced by many factors that don't directly affect City Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between City Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.