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

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

City Office REIT Stock Performance

Shares of CIO traded up $0.12 on Thursday, reaching $5.21. 77,439 shares of the company’s stock traded hands, compared to its average volume of 149,568. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 1.02. The stock has a market cap of $209.22 million, a PE ratio of -12.43, a PEG ratio of 0.85 and a beta of 1.98. The stock’s 50 day simple moving average is $5.28 and its two-hundred day simple moving average is $5.49. City Office REIT has a 52-week low of $4.02 and a 52-week high of $6.50.

City Office REIT (NYSE:CIO) last issued its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.40. City Office REIT had a negative return on equity of 1.48% and a negative net margin of 5.56%. On average, analysts forecast that City Office REIT will post 1.05 earnings per share for the current fiscal year.

City Office REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Shareholders of record on Friday, January 10th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 7.68%. The ex-dividend date was Friday, January 10th. City Office REIT’s dividend payout ratio (DPR) 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.