City Office REIT, Inc. Stock News

Publicly listed US equity REITs ended June at a median 19.1% discount to their consensus NAV per share estimates, according to S&P Global Market Intelligence data. The hotel sector traded at the largest median discount to NAV at 35.5%, down from a 35.7% median discount to NAV as of May 30. Healthcare REITs continued to trade at the highest median premium, 19.3%, which is about 1.4 percentage po...

CIO's asset base and leverage are reasonable, but weak liquidity and a challenging operating environment constrain its credit profile to a B3 rating. The preferred stock, CIO.PR.A, is rated Caa2, reflecting its higher risk and limited downside protection for investors. Despite attractive yields, the risk-reward profile for CIO's preferred stock is unfavorable due to low credit ratings and insuf...

US equity markets retreated from the cusp of record-highs this week as encouraging inflation data showing surprisingly muted tariff-related inflation was spoiled by a sudden escalation in Middle East tensions. The critical CPI and PPI reports both showed cooler-than-expected inflation in May for a third-straight month, as lower oil prices and moderating shelter costs more than offset the tariff...

VANCOUVER , June 13, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the second quarter of 2025. Additionally, the Board of Directors authorized a regular quarterly dividend of $0.414...

City Office REIT, Inc. (NYSE:CIO ) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Tony Maretic - Chief Financial Officer, Treasurer & Corporate Secretary Jamie Farrar - Chief Executive Officer Conference Call Participants Upal Rana - KeyBanc Capital Markets Craig Kucera - Lucid Capital Markets Operator Good morning, and welcome to the City Office REIT First Quarte...

VANCOUVER , May 2, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended March 31, 2025. First Quarter Highlights Rental and other revenues were $42.3 million.

City Office REIT's Series A Preferred Shares offer a tempting yield despite recent accounting losses and systemic pressures, suggesting a potential buying opportunity. The shares are cumulative, redeemable, and fixed, ensuring eventual dividend payments, though call risk and financial restructuring are potential concerns. The REIT's fundamentals, including an 85.8% occupancy rate and sector div...

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