City Office REIT trades as part of the real estate sector and is in the REITs industry. The company CEO is James Farrar. City Office REIT Inc is engaged in managing, operating, owning and acquiring office properties located within a specified target markets, located in metropolitan areas in the Southern and Western United States.



Previous Intraday Performance:

The CIO shares had a previous change of 0.18% which opened at 11.29 and closed at 11.34. It moved to an intraday high of 11.38 and a low of 11.24.

SeekingAlpha:  5 Favorite REIT Preferreds

Historical Performance:

Over the last five trading days, CIO shares returned -1.44% and in the past 30 trading days it returned 1.41%. Over three months, it changed 3.86%. In one year it has changed 5.97% and within that year its 52-week high was 13.20 and its 52-week low was 9.73. CIO stock is 16.55% above its 52 Week Low.

Our calculations result in a 200 day moving average of 11.32 and a 50 day moving average of 11.29. Right now, CIO stock is trading 0.16% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  5 Favorite REIT Preferreds

Liquidity:

The company has a market cap of $454.4m with 40.1m shares outstanding and a float of 38.8m shares. Trading volume was 158,168 shares and has experienced an average volume of 239,619 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for City Office REIT was 0.84 which ended on 31st of December 2018, which according to the previous close, that is a PE of 13.50. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.28. The trailing twelve month EPS is 0.60, which comes to a trailing twelve month PE of 18.90.

The dividend per share is currently 0.94, which is a dividend yield of 8.29%.

Base on our calculations, the intrinsic value per share is 17.77, which means it might be undervalued and has a margin of safety of 36.17%

The next earnings report will be: 05-07-2019



EPS growth is an important number as it indicates the future prospects of City Office REIT; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which is 8.00%.

Indicators Also to Watch:

Based on the latest filings, there is 3.40% of insider ownership and 102.90% of institutional ownership. Short-interest was 779,930, which was 1.95% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.18. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 0.52

PR Newswire:  Central Federal Corporation Announces 4th Quarter And 2018 Financial Results

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 11.54%, return on assets is 3.08%, profit margin is -10.27%, price-to-sales is 5.46 and price-to-book is 1.59.

Company Score Card:

Results are out of six:
 1  : Growth Expectations Result
 2  : Financial Safety Result
 3  : Past Performance Result
 4  : Valuation Result
 4  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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