Investors interested in REIT and Equity Trust - Other stocks are likely familiar with City Office REIT (CIO) and Omega Healthcare Investors (OHI). But which of these two stocks is more attractive to value investors?
City Office REIT, Inc. (NYSE:CIO ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Tony Maretic - Chief Financial Officer, Treasurer and Corporate Secretary Jamie Farrar - Chief Executive Officer Conference Call Participants Upal Rana - KeyBanc Capital Markets Barry Oxford - Colliers Craig Kucera - Lucid Capital Markets Operator Good morning. And welcome to the City Office REIT, Inc. Third Quarter 2024 Earnings Conference Call.
City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.27 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to FFO of $0.34 per share a year ago.
Yves Bonzon, chief investment officer at Julius Baer, says the current valuation of the U.S. market reflects the high ray of confidence in a "pretty benign" outcome for the economy over the next few quarters.
Thomas Rupf of VP Bank discusses investment strategy in the current macro environment.
Stefan Hofer from LGT Bank Asia says resolving the supply glut in the Chinese housing market is a key signal for investors to be structurally long Chinese stocks.
Bob Elliott of Unlimited discusses his asset allocation amidst Fed rate cuts that would "add fuel to the fire" and increase the risk of the U.S. transitioning to credit and borrowing-driven growth.
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Eric Ross from Cascend Securities says the future growth of AI will be lumpy rather than stable as only a handful of companies are able to make the hefty investment in AI.
David Katz, chief investment officer at Matrix Asset Advisors, joins 'The Exchange' to discuss his picks in the markets, how to position for the future, and more.
Brendan Ahern, KraneShares CIO, joins 'The Exchange' to discuss what to make of China's stimulus boost, possible buying opportunities, and more.
With investors fleeing Chinese stocks over growth concerns, the case for fiscal intervention could be stronger than ever.