City Office REIT (CIO) to Release Quarterly Earnings on Thursday

City Office REIT (NYSE:CIO - Get Free Report) is projected to release its earnings data 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. Persons interested in registering for the company's earnings conference call can do so using this link.

City Office REIT Price Performance

Shares of NYSE:CIO traded down $0.10 during trading on Friday, hitting $5.03. 68,473 shares of the company's stock were exchanged, compared to its average volume of 146,284. 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 has a 52-week low of $4.02 and a 52-week high of $6.50. The business's 50-day simple moving average is $5.32 and its 200 day simple moving average is $5.50. The company has a market cap of $201.95 million, a price-to-earnings ratio of -11.98, a PEG ratio of 0.86 and a beta of 1.98.

City Office REIT Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Friday, January 10th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 7.95%. The ex-dividend date of this dividend was Friday, January 10th. 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.