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As of close of business last night, City Office REIT Inc’s stock clocked out at $6.99, down -0.14% from its previous closing price of $7.0. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 1.22 million shares were traded. CIO stock price reached its highest trading level at $7.0 during the session, while it also had its lowest trading level at $6.99.
Ratios:
To gain a deeper understanding of CIO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.45. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.42.
On November 19, 2021, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform but kept the price unchanged to $19.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CIO now has a Market Capitalization of 282141824 and an Enterprise Value of 775097856. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 4.732 whereas that against EBITDA is 9.284.
Stock Price History:
The Beta on a monthly basis for CIO is 1.59, which has changed by 0.39999998 over the last 52 weeks, in comparison to a change of 0.1877265 over the same period for the S&P500. Over the past 52 weeks, CIO has reached a high of $7.01, while it has fallen to a 52-week low of $4.19. The 50-Day Moving Average of the stock is 1.08%, while the 200-Day Moving Average is calculated to be 13.04%.
Shares Statistics:
It appears that CIO traded 392.93K shares on average per day over the past three months and 333610 shares per day over the past ten days. A total of 40.36M shares are outstanding, with a floating share count of 38.62M. Insiders hold about 4.33% of the company’s shares, while institutions hold 74.28% stake in the company. Shares short for CIO as of 1765756800 were 747717 with a Short Ratio of 1.90, compared to 1763078400 on 562095. Therefore, it implies a Short% of Shares Outstanding of 747717 and a Short% of Float of 1.94.
Dividends & Splits
With its trailing 12-month dividend rate of 0.3, CIO has a forward annual dividend rate of 0.30. Against a Trailing Annual Dividend Yield of 0.042857144. The stock’s 5-year Average Dividend Yield is 7.62.
Earnings Estimates
The performance of City Office REIT Inc (CIO) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.4 and -$0.4 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is -$0.4, with 1.0 analysts recommending between -$0.4 and -$0.4.
Revenue Estimates
In . The current quarter, 2 analysts expect revenue to total $42.94M. It ranges from a high estimate of $43.13M to a low estimate of $42.75M. As of . The current estimate, City Office REIT Inc’s year-ago sales were $41.92MFor the next quarter, 2 analysts are estimating revenue of $43.32M. There is a high estimate of $43.57M for the next quarter, whereas the lowest estimate is $43.07M.
A total of 2 analysts have provided revenue estimates for CIO’s current fiscal year. The highest revenue estimate was $170.37M, while the lowest revenue estimate was $169.59M, resulting in an average revenue estimate of $169.98M. In the same quarter a year ago, actual revenue was $171.13MBased on 2 analysts’ estimates, the company’s revenue will be $175.42M in the next fiscal year. The high estimate is $176.96M and the low estimate is $173.87M.
