Posted by Defense World Staff on Apr 25th, 2025
City Office REIT (NYSE:CIO – Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $0.27 per share and revenue of $42.38 million for the quarter. City Office REIT has set its FY 2025 guidance at 1.100-1.140 EPS.
City Office REIT (NYSE:CIO – Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.40. City Office REIT had a negative net margin of 10.33% and a negative return on equity of 2.74%. The business had revenue of $41.92 million during the quarter, compared to analysts’ expectations of $42.79 million. On average, analysts expect City Office REIT to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
City Office REIT Trading Up 1.8 %
NYSE CIO opened at $4.99 on Friday. The business’s 50-day moving average price is $4.96 and its two-hundred day moving average price is $5.23. City Office REIT has a 12 month low of $4.19 and a 12 month high of $6.50. The firm has a market capitalization of $201.39 million, a PE ratio of -8.05, a price-to-earnings-growth ratio of 0.86 and a beta of 1.84. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 1.02.
City Office REIT Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 10th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 8.02%. City Office REIT’s dividend payout ratio (DPR) is presently -64.52%.
City Office REIT Company Profile
City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 5.7 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for U.S.
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