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 earnings per share guidance of 1.100-1.140 for the period, compared to the consensus earnings per share estimate of 1.100. The company issued revenue guidance of -.

City Office REIT Trading Up 0.5 %

Shares of CIO opened at $5.10 on Thursday. City Office REIT has a 1-year low of $4.02 and a 1-year high of $6.50. The company has a 50-day moving average of $5.28 and a 200 day moving average of $5.49. The firm has a market capitalization of $204.58 million, a price-to-earnings ratio of -12.13, a PEG ratio of 0.84 and a beta of 1.98. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.42 and a quick ratio of 2.42.

City Office REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Friday, January 10th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.40 dividend on an annualized basis and a yield of 7.85%. City Office REIT’s payout ratio is -95.24%.

About City Office REIT

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.