City Office REIT Inc (NYSE:CIO)’s traded shares stood at 8.88 million during the latest session, with the company’s beta value hitting 1.72. At the last check today, the stock’s price was $6.89, to imply an increase of 23.95% or $1.33 in intraday trading. The CIO share’s 52-week high remains $6.40, putting it 7.11% up since that peak but still an impressive 39.19% since price per share fell to its 52-week low of $4.19. The company has a valuation of $278.12M, with an average of 0.13 million shares in intraday trading volume over the past 10 days and average of 140.43K shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for City Office REIT Inc (CIO), translating to a mean rating of 2.20. Of 2 analyst(s) looking at the stock, 0 analyst(s) give CIO a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 0 recommend it as a Buy.
City Office REIT Inc (NYSE:CIO) trade information
After registering a 23.95% upside in the latest session, City Office REIT Inc (CIO) has traded red over the past five days. The 5-day price performance for the stock is 23.50%, and 24.17% over 30 days. With these gigs, the year-to-date price performance is 24.60%. Short interest in City Office REIT Inc (NYSE:CIO) saw shorts transact 0.39 million shares and set a 2.73 days time to cover.
The extremes give us $15 and $15 for target low and target high price respectively. As such, CIO has been trading -117.71% off suggested target high and -117.71% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -37.38% for the past 5-year period. While 2025 is set for a 37.04% return in earnings, projections for the next 5 years are at 23.69% annually.
CIO Dividends
City Office REIT Inc has its next earnings report out on 2025-May-02. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. City Office REIT Inc has a forward dividend ratio of 0.31, with the share yield ticking at 4.48% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 7.99%.
City Office REIT Inc (NYSE:CIO)’s Major holders
City Office REIT Inc insiders hold 4.33% of total outstanding shares, with institutional holders owning 65.01% of the shares at 67.95% float percentage. In total, 65.01% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 3.93 million shares (or 9.7958% of shares), all amounting to roughly $19.59 million.
The next major institution holding the largest number of shares is NEWTYN MANAGEMENT, LLC with 3.84 million shares, or about 9.5582% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $19.11 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the City Office REIT Inc (CIO) shares. Going by data provided on Mar 31, 2025 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 1.2 shares. This is just over 2.97% of the total shares, with a market valuation of $8.27 million. Data from the same date shows that the other fund manager holds a little less at 1.05, or 2.61% of the shares, all valued at about 7.26 million.
