City Office REIT (CIO) Expected to Announce Earnings on Friday

City Office REIT (NYSE:CIO) is expected to announce its Q1 2025 earnings results before the market opens on Friday, May 2nd. Analysts expect City Office REIT to post 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) last released its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.40. City Office REIT had a negative return on equity of 2.74% and a negative net margin of 10.33%. The business had revenue of $41.92 million during the quarter, compared to analyst estimates 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 Stock Up 0.6 %

Shares of CIO opened at $5.15 on Wednesday. The stock’s 50-day moving average price is $4.96 and its 200-day moving average price is $5.21. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $207.84 million, a price-to-earnings ratio of -8.31, a PEG ratio of 0.86 and a beta of 1.84. City Office REIT has a 52 week low of $4.19 and a 52 week high of $6.50.

City Office REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Thursday, April 10th were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $0.40 annualized dividend and a yield of 7.77%. City Office REIT’s dividend payout ratio 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.