City Office REIT (CIO) Expected to Announce Quarterly Earnings on Thursday

City Office REIT (NYSE:CIO) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect City Office REIT to post earnings of ($0.12) per share and revenue of $42.79 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

City Office REIT Stock Performance

Shares of CIO opened at $5.05 on Wednesday. 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 capitalization of $202.56 million, a P/E ratio of -12.01, a P/E/G ratio of 0.86 and a beta of 1.98. The company’s fifty day moving average is $5.31 and its two-hundred day moving average is $5.50. City Office REIT has a 1 year low of $4.02 and a 1 year high of $6.50.

City Office REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Shareholders of record on Friday, January 10th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.40 annualized dividend and a yield of 7.93%. City Office REIT’s dividend 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.