City Office REIT Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 119 out of 193 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 6.12.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
Its latest quarterly revenue reached 37.27M, representing a year-over-year decrease of 12.03%, while its net profit experienced a year-over-year decrease of 26.15%.
Key Metrics
The current valuation score of City Office REIT Inc is 7.21, ranking 115 out of 193 in the Residential & Commercial REITs industry. Its current P/E ratio is -2.19, which is -2120.60% below the recent high of 44.16 and -1057.28% above the recent low of -25.29.
The current earnings forecast score of City Office REIT Inc is 6.67, ranking 119 out of 193 in the Residential & Commercial REITs industry. The average price target is 6.12, with a high of 7.00 and a low of 5.25.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of City Office REIT Inc is 3.82, ranking 191 out of 193 in the Residential & Commercial REITs industry. Currently, the stock price is trading between the resistance level at 7.01 and the support level at 6.95, making it suitable for range-bound swing trading.
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The latest institutional shareholding proportion is 68.84%, representing a quarter-over-quarter decrease of 1.41%. The largest institutional shareholder is The Vanguard, holding a total of 2.14M shares, representing 5.30% of shares outstanding, with 3.80% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Residential & Commercial REITs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of City Office REIT Inc is 9.95, ranking 1 out of 193 in the Residential & Commercial REITs industry. The company's beta value is 1.59. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
