City Office REIT (CIO) Projected to Post 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. Parties interested in registering for the company’s conference call can do so using this link.

City Office REIT Stock Down 0.8 %

CIO opened at $5.01 on Thursday. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 1.02. The firm has a market cap of $201.15 million, a P/E ratio of -11.93, a PEG ratio of 0.86 and a beta of 1.98. City Office REIT has a 52 week low of $4.02 and a 52 week high of $6.50. The business’s fifty day simple moving average is $5.35 and its 200 day simple moving average is $5.52.

City Office REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Friday, January 10th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 7.98%. The ex-dividend date was Friday, January 10th. City Office REIT’s payout ratio is currently -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.