City Office REIT (CIO) Stock Forecast, Price Target & Predictions

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CIO Stock Forecast

City Office REIT stock forecast is as follows: an average price target of $15.00 (represents a 189.58% upside from CIO’s last price of $5.18) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.

CIO Price Target

The average price target for City Office REIT (CIO) is $15.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $15.00 to $15.00. This represents a potential 189.58% upside from CIO's last price of $5.18.

CIO Analyst Ratings

Hold

According to 2 Wall Street analysts, City Office REIT's rating consensus is 'Hold'. The analyst rating breakdown for CIO stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

City Office REIT Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jul 20, 2022		Deutsche Bank	-	-	13.04%	189.58%

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The latest City Office REIT stock forecast, released on Jul 20, 2022 by Deutsche Bank company, set a price target of $15.00, which represents a 13.04% increase from the stock price at the time of the forecast ($13.27), and a 189.58% increase from CIO last price ($5.18).

City Office REIT Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$5.18	$5.18	$5.18
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of City Office REIT stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to City Office REIT's last price of $5.18. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Jul 20, 2022	Deutsche Bank	Hold	Hold	Hold
Apr 26, 2022	Zacks Investment Research		Hold	Downgrade

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City Office REIT's last stock rating was published by Deutsche Bank on Jul 20, 2022. The company gave CIO a "Hold" rating, the same as its previous rate.

City Office REIT Financial Forecast

City Office REIT Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$44.32M	$44.21M	$44.60M	$45.96M	$44.61M	$45.52M	$45.50M	$44.85M	$39.67M	$44.89M	$39.96M	$39.52M	$39.84M	$41.26M	$39.62M	$40.12M	$39.06M	$38.95M
Avg Forecast	$45.48M	$45.17M	$44.85M	$44.53M	$43.38M	$43.10M	$42.83M	$42.71M	$42.68M	$42.28M	$43.17M	$43.36M	$44.30M	$43.98M	$44.32M	$44.26M	$45.12M	$44.57M	$44.31M	$43.26M	$40.96M	$41.14M	$38.82M	$39.02M	$40.28M	$39.81M	$39.44M	$39.72M	$40.28M	$39.42M
High Forecast	$46.31M	$45.98M	$45.66M	$45.34M	$44.17M	$43.88M	$43.60M	$43.40M	$43.66M	$42.40M	$43.17M	$44.14M	$45.00M	$44.47M	$45.12M	$45.06M	$45.94M	$44.57M	$44.31M	$43.26M	$40.96M	$41.14M	$38.82M	$39.02M	$40.28M	$39.81M	$39.44M	$39.72M	$40.28M	$39.42M
Low Forecast	$44.51M	$44.20M	$43.89M	$43.58M	$42.46M	$42.18M	$41.91M	$42.02M	$41.71M	$42.17M	$43.17M	$42.43M	$43.61M	$43.11M	$43.37M	$43.32M	$44.16M	$44.57M	$44.31M	$43.26M	$40.96M	$41.14M	$38.82M	$39.02M	$40.28M	$39.81M	$39.44M	$39.72M	$40.28M	$39.42M
# Analysts	1	1	1	1	1	1	1	3	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	8	8	9	12	7
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	1.01%	1.01%	1.04%	0.99%	1.02%	1.03%	1.04%	0.97%	1.09%	1.03%	1.01%	0.99%	1.04%	1.00%	1.01%	0.97%	0.99%

City Office REIT's average Quarter revenue forecast for Mar 24 based on 1 analysts is $43.36M, with a low forecast of $42.43M, and a high forecast of $44.14M. CIO's average Quarter revenue forecast represents a -2.17% decrease compared to the company's last Quarter revenue of $44.32M (Dec 23).

City Office REIT EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	8	8	9	12	7
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-36.76M	$23.04M	$23.69M	$24.47M	$24.10M	$24.30M	$24.76M	$24.66M	$451.80M	$21.45M	$22.25M	$69.47M	$22.11M	$24.70M	$22.32M	$22.14M	$24.32M	$21.30M
Avg Forecast	$25.05M	$24.87M	$24.70M	$24.52M	$23.89M	$23.74M	$23.58M	$23.52M	$23.50M	$23.28M	$23.77M	$23.88M	$24.39M	$24.22M	$24.40M	$24.37M	$24.85M	$24.26M	$24.12M	$23.54M	$22.29M	$22.39M	$21.13M	$21.23M	$21.92M	$21.66M	$21.47M	$22.46M	$21.92M	$21.46M
High Forecast	$25.50M	$25.32M	$25.14M	$24.96M	$24.32M	$24.16M	$24.01M	$23.90M	$24.04M	$23.35M	$23.77M	$24.31M	$24.78M	$24.49M	$24.84M	$24.81M	$25.30M	$24.26M	$24.12M	$23.54M	$22.29M	$22.39M	$21.13M	$21.23M	$21.92M	$21.66M	$21.47M	$26.96M	$21.92M	$21.46M
Low Forecast	$24.51M	$24.34M	$24.17M	$24.00M	$23.38M	$23.23M	$23.08M	$23.14M	$22.97M	$23.22M	$23.77M	$23.37M	$24.02M	$23.74M	$23.88M	$23.85M	$24.32M	$24.26M	$24.12M	$23.54M	$22.29M	$22.39M	$21.13M	$21.23M	$21.92M	$21.66M	$21.47M	$17.97M	$21.92M	$21.46M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-1.51%	0.95%	0.97%	1.00%	0.97%	1.00%	1.03%	1.05%	20.27%	0.96%	1.05%	3.27%	1.01%	1.14%	1.04%	0.99%	1.11%	0.99%

2 analysts predict CIO's average Quarter EBITDA for Dec 23 to be $24.39M, with a high of $24.78M and a low of $24.02M. This is 5.88% upper than City Office REIT's previous annual EBITDA (Sep 23) of $23.04M.

City Office REIT Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	8	8	9	12	7
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$10.06M	$-1.90M	$-2.54M	$-19.44M	$-11.90M	$1.99M	$2.90M	$46.18M	$427.44M	$866.00K	$1.66M	$48.82M	$373.00K	$2.89M	$444.00K	$824.00K	$2.84M	$-1.11M
Avg Forecast	$-2.81M	$-3.21M	$-3.21M	$-3.61M	$-4.42M	$-4.55M	$-4.55M	$-4.55M	$-4.68M	$-4.82M	$-3.41M	$-5.22M	$-2.21M	$-2.81M	$-1.81M	$-1.74M	$70.60B	$-321.71K	$1.29M	$132.59B	$380.66M	$341.75K	$-1.23M	$1.26B	$-1.67M	$-602.31K	$-1.41M	$824.00K	$-1.64M	$-2.81M
High Forecast	$-2.73M	$-3.12M	$-3.12M	$-3.51M	$-4.29M	$-4.42M	$-4.42M	$-4.39M	$-4.52M	$-4.68M	$-3.32M	$-5.08M	$-2.15M	$-2.73M	$-1.76M	$-1.69M	$84.71B	$-321.71K	$1.29M	$159.11B	$380.66M	$341.75K	$-1.23M	$1.52B	$-1.67M	$-602.31K	$-1.41M	$988.80K	$-1.64M	$-2.81M
Low Forecast	$-2.88M	$-3.29M	$-3.29M	$-3.70M	$-4.52M	$-4.66M	$-4.66M	$-4.66M	$-4.79M	$-4.93M	$-3.49M	$-5.34M	$-2.26M	$-2.88M	$-1.85M	$-1.78M	$56.48B	$-321.71K	$1.29M	$106.07B	$380.66M	$341.75K	$-1.23M	$1.01B	$-1.67M	$-602.31K	$-1.41M	$659.20K	$-1.64M	$-2.81M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-4.56%	0.68%	1.40%	11.17%	-0.00%	-6.18%	2.24%	0.00%	1.12%	2.53%	-1.35%	0.04%	-0.22%	-4.79%	-0.32%	1.00%	-1.73%	0.40%

City Office REIT's average Quarter net income forecast for Mar 24 is $-5.22M, with a range of $-5.34M to $-5.08M. CIO's average Quarter net income forecast represents a -151.87% decrease compared to the company's last Quarter net income of $10.06M (Dec 23).

City Office REIT SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	8	8	9	12	7
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$3.88M	$3.53M	$3.67M	$3.77M	$3.21M	$3.51M	$3.61M	$3.46M	$1.72M	$7.90M	$3.07M	$2.80M	$2.67M	$2.55M	$2.70M	$2.78M	$2.63M	$2.77M
Avg Forecast	$3.56M	$3.53M	$3.51M	$3.48M	$3.39M	$3.37M	$3.35M	$3.34M	$3.34M	$3.31M	$3.38M	$3.39M	$3.46M	$3.44M	$3.46M	$3.46M	$3.53M	$3.48M	$3.46M	$3.38M	$3.20M	$3.22M	$3.04M	$3.05M	$3.15M	$3.11M	$3.08M	$17.74M	$3.15M	$3.08M
High Forecast	$3.62M	$3.59M	$3.57M	$3.54M	$3.45M	$3.43M	$3.41M	$3.39M	$3.41M	$3.31M	$3.38M	$3.45M	$3.52M	$3.48M	$3.53M	$3.52M	$3.59M	$3.48M	$3.46M	$3.38M	$3.20M	$3.22M	$3.04M	$3.05M	$3.15M	$3.11M	$3.08M	$21.28M	$3.15M	$3.08M
Low Forecast	$3.48M	$3.46M	$3.43M	$3.41M	$3.32M	$3.30M	$3.28M	$3.29M	$3.26M	$3.30M	$3.38M	$3.32M	$3.41M	$3.37M	$3.39M	$3.39M	$3.45M	$3.48M	$3.46M	$3.38M	$3.20M	$3.22M	$3.04M	$3.05M	$3.15M	$3.11M	$3.08M	$14.19M	$3.15M	$3.08M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.12%	1.03%	1.06%	1.09%	0.91%	1.01%	1.04%	1.02%	0.54%	2.46%	1.01%	0.92%	0.85%	0.82%	0.87%	0.16%	0.84%	0.90%

City Office REIT's average Quarter SG&A projection for Mar 24 is $3.39M, based on 1 Wall Street analysts, with a range of $3.32M to $3.45M. The forecast indicates a -12.56% fall compared to CIO last annual SG&A of $3.88M (Dec 23).

City Office REIT EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	8	8	9	12	7
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.25	$-0.05	$-0.06	$-0.49	$-0.30	-	$0.02	$1.06	$9.81	$-0.02	$-0.00	$1.08	$0.01	$0.07	$-0.03	$-0.02	$0.02	$-0.07
Avg Forecast	$-0.07	$-0.08	$-0.08	$-0.09	$-0.11	$-0.11	$-0.11	$-0.11	$-0.12	$-0.12	$-0.09	$-0.13	$-0.06	$-0.07	$-0.04	$-0.04	$-0.05	$-0.01	$0.03	$0.05	$9.48	$0.01	$-0.03	$0.31	$-0.04	$-0.01	$-0.04	$-0.02	$-0.04	$-0.07
High Forecast	$-0.07	$-0.08	$-0.08	$-0.09	$-0.11	$-0.11	$-0.11	$-0.11	$-0.11	$-0.12	$-0.08	$-0.13	$-0.05	$-0.07	$-0.04	$-0.04	$-0.05	$-0.01	$0.03	$0.05	$9.48	$0.01	$-0.03	$0.31	$-0.04	$-0.01	$-0.04	$-0.02	$-0.04	$-0.07
Low Forecast	$-0.07	$-0.08	$-0.08	$-0.09	$-0.11	$-0.12	$-0.12	$-0.12	$-0.12	$-0.12	$-0.09	$-0.13	$-0.06	$-0.07	$-0.05	$-0.04	$-0.05	$-0.01	$0.03	$0.05	$9.48	$0.01	$-0.03	$0.31	$-0.04	$-0.01	$-0.04	$-0.02	$-0.04	$-0.07
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-4.55%	0.68%	1.41%	11.31%	6.00%	-0.40%	0.62%	19.67%	1.03%	-2.35%	0.14%	3.48%	-0.21%	-4.65%	0.86%	0.86%	-0.49%	1.00%

According to 1 Wall Street analysts, City Office REIT's projected average Quarter EPS for Mar 24 is $-0.13, with a low estimate of $-0.13 and a high estimate of $-0.13. This represents a -152.00% decrease compared to CIO previous annual EPS of $0.25 (Dec 23).

City Office REIT Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
CMCT	Creative Media & Community Trust	-	-	1718.18%	Buy
HPP	Hudson Pacific Properties	-	-	307.53%	Hold
CIO	City Office REIT	-	-	189.58%	Hold
KRC	Kilroy Realty	-	-	45.14%	Buy
BDN	Brandywine Realty Trust	-	-	41.98%	Hold
PDM	Piedmont Office Realty Trust	-	-	38.89%
DEI	Douglas Emmett	-	-	21.64%	Hold
HIW	Highwoods Properties	-	-	4.04%	Hold
CUZ	Cousins Properties	-	-	-1.36%	Buy

CIO Forecast FAQ

Is City Office REIT a good buy?

No, according to 2 Wall Street analysts, City Office REIT (CIO) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of CIO's total ratings.

What is CIO's price target?

City Office REIT (CIO) average price target is $15 with a range of $15 to $15, implying a 189.58% from its last price of $5.18. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will City Office REIT stock go up soon?

According to Wall Street analysts' prediction for CIO stock, the company can go up by 189.58% (from the last price of $5.18 to the average price target of $15), up by 189.58% based on the highest stock price target, and up by 189.58% based on the lowest stock price target.

Can City Office REIT stock reach $8?

CIO's average twelve months analyst stock price target of $15 supports the claim that City Office REIT can reach $8 in the near future.

What are City Office REIT's analysts' financial forecasts?

City Office REIT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $172.02M (high $175.05M, low $168.57M), average EBITDA is $94.73M (high $96.39M, low $92.83M), average net income is $-18.069M (high $-17.531M, low $-18.493M), average SG&A $13.45M (high $13.69M, low $13.18M), and average EPS is $-0.45 (high $-0.437, low $-0.461). CIO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $180.03M (high $183.28M, low $176.18M), average EBITDA is $99.14M (high $100.93M, low $97.02M), average net income is $-12.849M (high $-12.492M, low $-13.151M), average SG&A $14.08M (high $14.33M, low $13.77M), and average EPS is $-0.32 (high $-0.311, low $-0.328).

Did the CIO's actual financial results beat the analysts' financial forecasts?

Based on City Office REIT's last annual report (Dec 2023), the company's revenue was $179.1M, beating the average analysts forecast of $176.86M by 1.26%. Apple's EBITDA was $94.26M, missing the average prediction of $97.39M by -3.22%. The company's net income was $-10.102M, beating the average estimation of $-8.566M by 17.93%. Apple's SG&A was $14.84M, beating the average forecast of $13.83M by 7.33%. Lastly, the company's EPS was $-0.25, beating the average prediction of $-0.213 by 17.19%. In terms of the last quarterly report (Dec 2023), City Office REIT's revenue was $44.32M, beating the average analysts' forecast of $44.3M by 0.05%. The company's EBITDA was $-36.756M, missing the average prediction of $24.39M by -250.67%. City Office REIT's net income was $10.06M, missing the average estimation of $-2.208M by -555.65%. The company's SG&A was $3.88M, beating the average forecast of $3.46M by 11.94%. Lastly, the company's EPS was $0.25, missing the average prediction of $-0.055 by -554.55%