City Office REIT, Inc. Aktie News

These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my fault. You'll probably have a better time reading this, than reading my competitor's articles.

City Office REIT is paying out an 8.4% dividend yield that's fully secured against its 2024 core FFO guidance. The REIT is trading at a low 4.12x multiple to the midpoint of its guidance. I've been buying the preferreds which have dipped year-to-date and currently offer a 9.2% yield on cost.

City Office REIT, Inc. (NYSE:CIO ) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants James Farrar - Chief Executive Officer & Director Anthony Maretic - Chief Financial Officer, Secretary & Treasurer Conference Call Participants Rob Stevenson - Janney Barry Oxford - Colliers Aditi Balachandran - RBC Capital Markets Upal Rana - KeyBanc Capital Markets Operator Good mo...

VANCOUVER , May 3, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended March 31, 2024. First Quarter Highlights Rental and other revenues were $44.5 million.

VANCOUVER , April 5, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended March 31, 2024, before the market opens on Friday, May 3, 2024. City Office's management will hold a conference call at 11:00 am Eastern Time on May 3, 2024 to discuss the Company's financial results.

NEW YORK , March 19, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating City Office REIT, Inc. (NYSE: CIO) on behalf of the company's shareholders.  The investigation seeks to determine whether City Office REIT's directors breached their fiduciary duties in connection with recent corporate actions.

VANCOUVER , March 15, 2024 /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 first quarter of 2024. Additionally, the Board of Directors authorized a regular quarterly dividend of $0.414...

Some people make decent money dumpster diving, as seen in a Business Insider article about a couple who make up to $3,000 a month selling their trash treasures. The office REIT space is currently under tremendous pressure, reflected in the stock prices of three high-risk office plays: City Office REIT, Orion Office, and Net Lease Office Properties. These stocks offer value for investors willing...