City Office REIT (NYSE: CIO) is one of 21 public companies in the “Office REITs” industry, but how does it compare to its peers? We will compare City Office REIT to similar companies based on the strength of its earnings, risk, valuation, analyst recommendations, profitability, institutional ownership and dividends.

Analyst Recommendations

This is a summary of recent ratings and target prices for City Office REIT and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
City Office REIT 0 1 3 0 2.75
City Office REIT Competitors 114 517 552 3 2.37

City Office REIT presently has a consensus price target of $14.83, indicating a potential upside of 11.11%. As a group, “Office REITs” companies have a potential upside of 6.89%. Given City Office REIT’s stronger consensus rating and higher possible upside, equities analysts clearly believe City Office REIT is more favorable than its peers.

Institutional and Insider Ownership

55.4% of City Office REIT shares are held by institutional investors. Comparatively, 85.4% of shares of all “Office REITs” companies are held by institutional investors. 3.2% of City Office REIT shares are held by company insiders. Comparatively, 2.8% of shares of all “Office REITs” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares City Office REIT and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
City Office REIT $90.65 million $47.13 million -102.69
City Office REIT Competitors $672.08 million $356.91 million 60.43

City Office REIT’s peers have higher revenue and earnings than City Office REIT. City Office REIT is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

City Office REIT has a beta of 0.24, indicating that its stock price is 76% less volatile than the S&P 500. Comparatively, City Office REIT’s peers have a beta of 0.90, indicating that their average stock price is 10% less volatile than the S&P 500.

Dividends

City Office REIT pays an annual dividend of $0.94 per share and has a dividend yield of 7.0%. City Office REIT pays out -723.1% of its earnings in the form of a dividend. As a group, “Office REITs” companies pay a dividend yield of 3.3% and pay out 249.2% of their earnings in the form of a dividend. City Office REIT is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Profitability

This table compares City Office REIT and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
City Office REIT 3.70% 1.91% 0.51%
City Office REIT Competitors 5.62% 1.41% 0.71%

City Office REIT Company Profile

City Office REIT, Inc. is a real estate investment trust. The Company is focused on acquiring, owning and operating office properties located primarily in metropolitan areas in the Southern and Western United States. It conducts its operations primarily through City Office REIT Operating Partnership, L.P. (the Operating Partnership). As of December 31, 2016, it owned 18 office complexes consisting of 37 office buildings with a total of approximately 4.4 million square feet of net rentable area (NRA) in the metropolitan areas of Boise, Dallas, Denver, Orlando, Phoenix, Portland and Tampa. Its properties include Park Tower, City Center, Intellicenter and Carillon Point in Tampa, Florida; Cherry Creek, Plaza 25, DTC Crossroads, Superior Pointe and Logan Tower in Denver, Colorado; Washington Group Plaza in Boise, Idaho; FRP Collection, Central Fairwinds and FRP Ingenuity Drive in Orlando, Florida; 190 Office Center and Lake Vista Pointe in Dallas, Texas, and SanTan in Phoenix, Arizona.

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