City Office REIT (NYSE:CIO) Updates FY 2025 Earnings Guidance

City Office REIT (NYSE:CIO) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.100-1.140 for the period, compared to the consensus EPS estimate of 1.100. The company issued revenue guidance of -.

City Office REIT Stock Down 2.6 %

NYSE:CIO traded down $0.14 on Friday, hitting $5.03. The stock had a trading volume of 61,245 shares, compared to its average volume of 148,342. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.42 and a current ratio of 2.42. The stock has a market cap of $201.75 million, a P/E ratio of -11.96, a price-to-earnings-growth ratio of 0.85 and a beta of 1.98. City Office REIT has a 1 year low of $4.02 and a 1 year high of $6.50. The firm’s fifty day simple moving average is $5.27 and its two-hundred day simple moving average is $5.49.

City Office REIT (NYSE:CIO) last posted its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.28 EPS for the quarter, beating the consensus estimate of ($0.12) by $0.40. The firm had revenue of $41.92 million during the quarter, compared to analyst estimates of $42.79 million. City Office REIT had a negative net margin of 5.56% and a negative return on equity of 1.48%. Analysts predict that City Office REIT will post 1.05 earnings per share for the current year.

City Office REIT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Friday, January 10th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.40 annualized dividend and a dividend yield of 7.96%. City Office REIT’s payout ratio is currently -95.24%.

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.