How to Buy City Office Reit Stock
City Office Reit Inc
City Office Reit is a office REIT company located in British Columbia, Canada, which is part of the Real Estate sector, and is traded under the ticker CIO on the NYSE exchange.
City Office Reit stock last closed at $4.46, up 1.83% from the previous day, and has decreased 27.48% in one year. It has underperformed other stocks in the REIT - Office industry by 0.33 percentage points. City Office Reit stock is currently +29.09% from its 52-week low of $3.46, and -33.48% from its 52-week high of $6.71.
As of Apr 18, 2024, there are 40.15M shares of CIO outstanding. The market capitalization of CIO is $179.09M. In the past 24 hours, 169,164 CIO shares were traded.
How to Buy City Office Reit Stock
Wondering how to invest in City Office Reit stock? Here's how.
- Decide where to buy City Office Reit stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy City Office Reit stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your method of payment and add your info.
- Research City Office Reit stock: The City Office Reit ticker symbol is CIO. Is City Office Reit stock a good investment? Should you buy shares of CIO? How do CIO's underlying business fundamentals look? Do top analysts think City Office Reit is a good buy? Why has CIO's stock price moved recently? (Hint: Our stock market research website can help you understand if CIO is a good stock to buy).
- Make your CIO buy order: Decide if you will purchase CIO shares at the current market price or use a limit order to buy CIO shares at a given price.
- Keep an eye on your investment in CIO: Create a watchlist to important updates regarding your investment in City Office Reit shares.
Step 1: Decide where to buy City Office Reit stock
You will need a brokerage account to access the NYSE market and buy CIO shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
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- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you can buy CIO stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on the best stock app, you need to deposit funds:
Check out the video below to see the process of transferring funds into your new investment account.
Step 4: Research City Office Reit stock
After you have chosen the best place to buy City Office Reit stock, it's important to analyze their stock prior to investing, so you can understand the risk as well as the upside.
City Office Reit Numbers
Fundamentals of CIO
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on CIO's stock page.
What is the fair value of CIO stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CIO's intrinsic value.
Using relative valuations metrics:
- CIO may be undervalued based on its P/B ratio of 0.23x, relative to REIT - Office industry P/B ratio of 0.86x
You can do additional valuation analysis on CIO's stock here.
CIO Financial Overview
Passed Financial Due Diligence Checks:
- Total CIO debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- CIO profit margin has gone down from 5.3% to -5.6% in the past year.
- CIO earnings of $30.49M is not enough to cover its interest payments.
- CIO's operating cash flow of $57.22M allows it to safely service it's debt of $669.51M.
- CIO has a relatively high debt to equity ratio of 0.96.
You can dive deeper into what analysts are forecasting on the City Office Reit stock forecast page.
CIO Technical Indicators
How are CIO Revenues/Earnings doing?
Last year, CIO revenue was $179.10M. Over the past five year, CIO's revenue has gone up by 6.7% per year. This was slower than the REIT - Office industry average of 6.99%.
You can research CIO's earnings and revenue performance here.
Are CIO executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at CIO have bought more shares than they have sold.
Michael Mazan, Director of CIO, was the latest CIO insider to buy. They bought $164,775.00 worth of CIO shares on Mar 19, 2024.
Dig into more about who owns CIO shares here.
Can I rely on CIO as an income stream?
City Office Reit pays a dividend of 8.97%, compared to the REIT - Office industry's average dividend yield of 7.63%. If you owned $1,000 worth of CIO stock, you would have been paid $89.69 in the past 12 months.
City Office Reit dividend payments have not consistently grown over the past decade and have not remained stable.
Get more analysis about City Office Reit dividend yield and history here.
What others are saying about CIO
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your CIO buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open Trade button and eToro will place your order.
If you require additional help investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in CIO
Now that you own some CIO stock, you'll want to stay up-to-date on your new investment.
Start a watchlist to see the latest developments about your CIO stock.
CIO Feed
How to Buy Stock in City Office Reit
To reiterate, here are the 6 steps for buying City Office Reit stock:
- Decide where to buy City Office Reit stock
- Sign up for a brokerage account
- Put funds into your investment account
- Research City Office Reit stock
- Make your CIO buy order
- Keep an eye on your investment in CIO
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in City Office Reit, create a watchlist on WallStreetZen today.
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