(CIO) City Office - Overview
Exchange: NYSE •
Country: Canada •
Currency: USD •
Type: Common Stock •
ISIN: US1785871013
Stock: Office, Buildings, Leasing, Sun-Belt
Total Rating 9
Risk 48
Buy Signal 0.00
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.05% |
| Yield on Cost 5y | 2.70% |
| Yield CAGR 5y | -15.91% |
| Payout Consistency | 88.2% |
| Payout Ratio | 363.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | -% |
| Relative Tail Risk | -10.9% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.48 |
| Alpha | -104.48 |
| Character TTM | |
|---|---|
| Beta | 0.184 |
| Beta Downside | -0.445 |
| Drawdowns 3y | |
|---|---|
| Max DD | 99.08% |
| CAGR/Max DD | -0.79 |
Description: CIO City Office January 02, 2026
City Office REIT (NYSE:CIO) is a Canadian-incorporated, internally managed REIT that concentrates on acquiring, owning, and operating office properties primarily in Sun Belt markets. The portfolio comprises roughly 4.2 million square feet of office space, and the company has elected REIT tax treatment for U.S. federal income tax purposes.
Key operating metrics that analysts watch include an occupancy rate that has hovered around 92 % in the most recent quarter and a Funds-From-Operations (FFO) growth of approximately 5 % YoY, driven by modest rent escalations and cost-controlled property management. The Sun Belt’s lower cost-of-living environment and continued corporate migration from higher-cost coastal hubs remain a sector catalyst, while the REIT’s exposure to a relatively flat interest-rate environment makes its weighted-average lease term (WALT) of 5.8 years an important hedge against rate volatility.
For a deeper, data-rich view of City Office REIT’s valuation dynamics, you might find ValueRay’s granular metric dashboard worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: -123.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.55 > 1.0 |
| NWC/Revenue: -73.51% < 20% (prev -122.8%; Δ 49.28% < -1%) |
| CFO/TA 0.04 > 3% & CFO 47.6m > Net Income -123.4m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (40.4m) vs 12m ago 0.52% < -2% |
| Gross Margin: 60.54% > 18% (prev 0.59%; Δ 5994 % > 0.5%) |
| Asset Turnover: 12.88% > 50% (prev 11.76%; Δ 1.12% > 0%) |
| Interest Coverage Ratio: -2.86 > 6 (EBITDA TTM -34.5m / Interest Expense TTM 31.9m) |
Altman Z'' -0.93
| A: -0.11 (Total Current Assets 62.3m - Total Current Liabilities 182.7m) / Total Assets 1.07b |
| B: 0.05 (Retained Earnings 55.2m / Total Assets 1.07b) |
| C: -0.07 (EBIT TTM -91.1m / Avg Total Assets 1.27b) |
| D: 0.12 (Book Value of Equity 53.7m / Total Liabilities 456.8m) |
| Altman-Z'' Score: -0.93 = CCC |
Beneish M -3.93
| DSRI: 0.82 (Receivables 40.9m/52.9m, Revenue 163.8m/173.5m) |
| GMI: 0.98 (GM 60.54% / 59.43%) |
| AQI: 0.10 (AQ_t 0.10 / AQ_t-1 0.93) |
| SGI: 0.94 (Revenue 163.8m / 173.5m) |
| TATA: -0.16 (NI -123.4m - CFO 47.6m) / TA 1.07b) |
| Beneish M-Score: -3.93 (Cap -4..+1) = AAA |
What is the price of CIO shares?
As of February 07, 2026, the stock is trading at USD 0.09 with a total of 1,000 shares traded.
Over the past week, the price has changed by +0.00%, over one month by -98.79%, over three months by -98.77% and over the past year by -98.28%.
Over the past week, the price has changed by +0.00%, over one month by -98.79%, over three months by -98.77% and over the past year by -98.28%.
Is CIO a buy, sell or hold?
City Office has received a consensus analysts rating of 3.80.
Therefor, it is recommend to hold CIO.
- StrongBuy: 2
- Buy: 0
- Hold: 3
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the CIO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 6.1 | 6711.1% |
| Analysts Target Price | 6.1 | 6711.1% |
| ValueRay Target Price | 0.2 | 133.3% |
CIO Fundamental Data Overview February 02, 2026
P/E Forward = 384.6154
P/S = 1.7225
P/B = 0.5665
P/EG = -7.88
Revenue TTM = 163.8m USD
EBIT TTM = -91.1m USD
EBITDA TTM = -34.5m USD
Long Term Debt = 283.4m USD (from longTermDebt, last quarter)
Short Term Debt = 145.5m USD (from shortTermDebt, last quarter)
Debt = 401.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 380.6m USD (from netDebt column, last quarter)
Enterprise Value = 662.7m USD (282.1m + Debt 401.9m - CCE 21.3m)
Interest Coverage Ratio = -2.86 (Ebit TTM -91.1m / Interest Expense TTM 31.9m)
EV/FCF = 13.92x (Enterprise Value 662.7m / FCF TTM 47.6m)
FCF Yield = 7.18% (FCF TTM 47.6m / Enterprise Value 662.7m)
FCF Margin = 29.06% (FCF TTM 47.6m / Revenue TTM 163.8m)
Net Margin = -75.34% (Net Income TTM -123.4m / Revenue TTM 163.8m)
Gross Margin = 60.54% ((Revenue TTM 163.8m - Cost of Revenue TTM 64.6m) / Revenue TTM)
Gross Margin QoQ = 58.11% (prev 61.47%)
Tobins Q-Ratio = 0.62 (Enterprise Value 662.7m / Total Assets 1.07b)
Interest Expense / Debt = 1.70% (Interest Expense 6.84m / Debt 401.9m)
Taxrate = 21.0% (US default 21%)
NOPAT = -72.0m (EBIT -91.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.34 (Total Current Assets 62.3m / Total Current Liabilities 182.7m)
Debt / Equity = 0.66 (Debt 401.9m / totalStockholderEquity, last quarter 610.0m)
Debt / EBITDA = -11.05 (negative EBITDA) (Net Debt 380.6m / EBITDA -34.5m)
Debt / FCF = 8.00 (Net Debt 380.6m / FCF TTM 47.6m)
Total Stockholder Equity = 671.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -9.71% (Net Income -123.4m / Total Assets 1.07b)
RoE = -18.39% (Net Income TTM -123.4m / Total Stockholder Equity 671.2m)
RoCE = -9.55% (EBIT -91.1m / Capital Employed (Equity 671.2m + L.T.Debt 283.4m))
RoIC = -6.29% (negative operating profit) (NOPAT -72.0m / Invested Capital 1.14b)
WACC = 3.51% (E(282.1m)/V(684.0m) * Re(6.59%) + D(401.9m)/V(684.0m) * Rd(1.70%) * (1-Tc(0.21)))
Discount Rate = 6.59% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.53%
[DCF Debug] Terminal Value 85.51% ; FCFF base≈51.6m ; Y1≈47.7m ; Y5≈43.2m
Fair Price DCF = 22.80 (EV 1.30b - Net Debt 380.6m = Equity 920.3m / Shares 40.4m; r=5.90% [WACC]; 5y FCF grow -9.52% → 2.90% )
EPS Correlation: -42.03 | EPS CAGR: -4.56% | SUE: 0.13 | # QB: 0
Revenue Correlation: -50.31 | Revenue CAGR: -1.65% | SUE: -4.0 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.10 | Chg30d=-0.010 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.40 | Chg30d=-0.060 | Revisions Net=+1 | Growth EPS=+0.0% | Growth Revenue=+3.9%
P/S = 1.7225
P/B = 0.5665
P/EG = -7.88
Revenue TTM = 163.8m USD
EBIT TTM = -91.1m USD
EBITDA TTM = -34.5m USD
Long Term Debt = 283.4m USD (from longTermDebt, last quarter)
Short Term Debt = 145.5m USD (from shortTermDebt, last quarter)
Debt = 401.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 380.6m USD (from netDebt column, last quarter)
Enterprise Value = 662.7m USD (282.1m + Debt 401.9m - CCE 21.3m)
Interest Coverage Ratio = -2.86 (Ebit TTM -91.1m / Interest Expense TTM 31.9m)
EV/FCF = 13.92x (Enterprise Value 662.7m / FCF TTM 47.6m)
FCF Yield = 7.18% (FCF TTM 47.6m / Enterprise Value 662.7m)
FCF Margin = 29.06% (FCF TTM 47.6m / Revenue TTM 163.8m)
Net Margin = -75.34% (Net Income TTM -123.4m / Revenue TTM 163.8m)
Gross Margin = 60.54% ((Revenue TTM 163.8m - Cost of Revenue TTM 64.6m) / Revenue TTM)
Gross Margin QoQ = 58.11% (prev 61.47%)
Tobins Q-Ratio = 0.62 (Enterprise Value 662.7m / Total Assets 1.07b)
Interest Expense / Debt = 1.70% (Interest Expense 6.84m / Debt 401.9m)
Taxrate = 21.0% (US default 21%)
NOPAT = -72.0m (EBIT -91.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.34 (Total Current Assets 62.3m / Total Current Liabilities 182.7m)
Debt / Equity = 0.66 (Debt 401.9m / totalStockholderEquity, last quarter 610.0m)
Debt / EBITDA = -11.05 (negative EBITDA) (Net Debt 380.6m / EBITDA -34.5m)
Debt / FCF = 8.00 (Net Debt 380.6m / FCF TTM 47.6m)
Total Stockholder Equity = 671.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -9.71% (Net Income -123.4m / Total Assets 1.07b)
RoE = -18.39% (Net Income TTM -123.4m / Total Stockholder Equity 671.2m)
RoCE = -9.55% (EBIT -91.1m / Capital Employed (Equity 671.2m + L.T.Debt 283.4m))
RoIC = -6.29% (negative operating profit) (NOPAT -72.0m / Invested Capital 1.14b)
WACC = 3.51% (E(282.1m)/V(684.0m) * Re(6.59%) + D(401.9m)/V(684.0m) * Rd(1.70%) * (1-Tc(0.21)))
Discount Rate = 6.59% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.53%
[DCF Debug] Terminal Value 85.51% ; FCFF base≈51.6m ; Y1≈47.7m ; Y5≈43.2m
Fair Price DCF = 22.80 (EV 1.30b - Net Debt 380.6m = Equity 920.3m / Shares 40.4m; r=5.90% [WACC]; 5y FCF grow -9.52% → 2.90% )
EPS Correlation: -42.03 | EPS CAGR: -4.56% | SUE: 0.13 | # QB: 0
Revenue Correlation: -50.31 | Revenue CAGR: -1.65% | SUE: -4.0 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.10 | Chg30d=-0.010 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.40 | Chg30d=-0.060 | Revisions Net=+1 | Growth EPS=+0.0% | Growth Revenue=+3.9%