City Office REIT, Inc. [CIO] Stock Forecast

With markets getting dragged down by another financial crisis, investors should seek safety.  In fact, one of the best places for that is in undervalued dividend stocks.

The following slide deck was published by City Office REIT, Inc. in conjunction with this event.

City Office REIT, Inc. (NYSE:CIO ) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Tony Maretic - Chief Financial Officer, Treasurer and Corporate Secretary Jamie Farrar - Chief Executive Officer Conference Call Participants Robert Stevenson - Janney Craig Kucera - B. Riley Securities Operator Good morning, and welcome to the City Office REIT, Inc. Fourth Quarter 2022 Earnings Conference Call.

City Office REIT (CIO) delivered FFO and revenue surprises of 2.70% and 0.75%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Even as market commentators debate whether the stock market can continue making a comeback this year, it's best not to sit on the sidelines. Although uncertainty remains high, there are many strong investing opportunities out there, particularly in areas such as overlooked small-cap stocks.

The only thing better than dividend-paying enterprises are the most undervalued dividend stocks to buy. Combining both a steady stream of shareholder rewards with a discount relative to a specific company's underlying industry, investors reeling from the downside of last year should pay close attention to this list.

VANCOUVER , Jan. 12, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter and year ended December 31, 2022, before the market opens on Thursday, February 23, 2023. City Office's management will hold a conference call at 11:00 am Eastern Time on February 23, 2023 to discuss the Company's financial results.

City Office REIT shares have declined 60% over the past year and now yield nearly 10%. Following a series of transformational transactions in late 2021, the company has a portfolio of high quality, Class A sunbelt office real estate.

REIT valuation is difficult to compare to the S&P 500 due to differences in reporting methodology. We standardize the metrics to get an apples to apples comparison.

Last week, on a whim, I queried YCharts for dividend stocks yielding greater than 4% annually, and pegged “attractive” in their Y-Ratings (ranging from “not-rated” to “avoid”, “neutral”, or “attractive”). My query resulted in this list of New Divvy Nifty 50 stocks; of which, 44 measure-up to the dogcatcher-ideal of promising dividend payouts, from $1k invested, greater-than their share prices.

City Office REIT, Inc. is a US stock , located in Dallas of Tx and trading under the symbol CIO

1 stock analysts have 1 predictions with a medium analyst target price of $15. The lowest prediction is $15 and the highest is $15

City Office REIT, Inc. stock price is $6.01 today.

Yes, City Office REIT, Inc. is a publicly traded company.