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NASDAQ:ROIC

Retail Opportunity Investments (ROIC) Stock Price, News & Analysis

$12.09
+0.11 (+0.92%)
(As of 12:33 PM ET)
Today's Range
$11.93
$12.44
50-Day Range
$11.98
$13.75
52-Week Range
$10.98
$15.16
Volume
261,117 shs
Average Volume
1.21 million shs
Market Capitalization
$1.54 billion
P/E Ratio
44.78
Dividend Yield
4.96%
Price Target
$14.75

Retail Opportunity Investments MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
22.0% Upside
$14.75 Price Target
Short Interest
Healthy
2.53% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
3.81%
From $1.05 to $1.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.18 out of 5 stars

Finance Sector

483rd out of 835 stocks

Real Estate Investment Trusts Industry

100th out of 179 stocks

ROIC stock logo

About Retail Opportunity Investments Stock (NASDAQ:ROIC)

Retail Opportunity Investments Corp. (Nasdaq: ROIC), is a fully integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely populated, metropolitan markets across the West Coast. As of December 31, 2023, ROIC owned 94 shopping centers encompassing approximately 10.6 million square feet. ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast. ROIC is a member of the S&P SmallCap 600 Index and has investment-grade corporate debt ratings from Moody's Investor Services, S&P Global Ratings and Fitch Ratings, Inc.

ROIC Stock Price History

ROIC Stock News Headlines

Could Bitcoin Literally FORCE This Crypto To Rocket Up?
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Retail Opportunity Investments: M&A Is Likely
Retail Opportunity Investments Corp
Could Bitcoin Literally FORCE This Crypto To Rocket Up?
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Retail Opportunity Investments (ROIC) Receives a Buy from KeyBanc
Q4 2023 JELD-WEN Holding Inc Earnings Call
Q4 2023 Retail Opportunity Investments Corp Earnings Call
Retail Opportunity Investments Corp. Reports 2023 Results
Retail Opportunity Investments Corp. Reports 2023 Results
ROIC Apr 2024 12.500 put
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 4/5 Dividend
3/14/2024
Dividend Payable
4/05/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Current Symbol
NASDAQ:ROIC
CUSIP
76131N10
Employees
71
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.75
High Stock Price Target
$16.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+23.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$34.53 million
Pretax Margin
11.18%

Debt

Sales & Book Value

Annual Sales
$327.73 million
Cash Flow
$1.11 per share
Book Value
$10.82 per share

Miscellaneous

Free Float
123,256,000
Market Cap
$1.53 billion
Optionable
Optionable
Beta
1.42
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ROIC Stock Analysis - Frequently Asked Questions

Should I buy or sell Retail Opportunity Investments stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ROIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ROIC, but not buy additional shares or sell existing shares.
View ROIC analyst ratings
or view top-rated stocks.

What is Retail Opportunity Investments' stock price target for 2024?

4 brokers have issued twelve-month price objectives for Retail Opportunity Investments' shares. Their ROIC share price targets range from $12.00 to $16.00. On average, they expect the company's stock price to reach $14.75 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for ROIC
or view top-rated stocks among Wall Street analysts.

How have ROIC shares performed in 2024?

Retail Opportunity Investments' stock was trading at $14.03 at the start of the year. Since then, ROIC stock has decreased by 13.8% and is now trading at $12.09.
View the best growth stocks for 2024 here
.

When is Retail Opportunity Investments' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our ROIC earnings forecast
.

How can I listen to Retail Opportunity Investments' earnings call?

Retail Opportunity Investments will be holding an earnings conference call on Wednesday, April 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Retail Opportunity Investments' earnings last quarter?

Retail Opportunity Investments Corp. (NASDAQ:ROIC) released its quarterly earnings results on Thursday, February, 15th. The real estate investment trust reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.21. The real estate investment trust had revenue of $84.60 million for the quarter, compared to the consensus estimate of $81.09 million. Retail Opportunity Investments had a trailing twelve-month return on equity of 2.53% and a net margin of 10.54%. The company's revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.27 EPS.

How often does Retail Opportunity Investments pay dividends? What is the dividend yield for Retail Opportunity Investments?

Retail Opportunity Investments announced a quarterly dividend on Tuesday, February 13th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.15 per share on Friday, April 5th. This represents a $0.60 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for ROIC
.

Is Retail Opportunity Investments a good dividend stock?

Retail Opportunity Investments (NASDAQ:ROIC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.96%. ROIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 222.23%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ROIC will have a dividend payout ratio of 55.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ROIC.

What ETFs hold Retail Opportunity Investments' stock?

ETFs with the largest weight of Retail Opportunity Investments (NASDAQ:ROIC) stock in their portfolio include ALPS Active REIT ETF (REIT), Cambria Global Real Estate ETF (BLDG) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV).Intelligent Real Estate ETF (PRVT).

What guidance has Retail Opportunity Investments issued on next quarter's earnings?

Retail Opportunity Investments updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of 1.030-1.090 for the period, compared to the consensus estimate of 1.080. The company issued revenue guidance of -.

What other stocks do shareholders of Retail Opportunity Investments own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Retail Opportunity Investments investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Transocean (RIG), Aegean Marine Petroleum Network (ANW), Apollo Commercial Real Estate Finance (ARI) and Zoetis (ZTS).

Who are Retail Opportunity Investments' major shareholders?

Retail Opportunity Investments' stock is owned by many different retail and institutional investors. Top institutional investors include Stableford Capital II LLC (0.10%), Diversified Trust Co (0.01%) and GAMMA Investing LLC (0.01%). Insiders that own company stock include Eric S Zorn, Laura H Pomerantz and Michael J Indiveri.
View institutional ownership trends
.

How do I buy shares of Retail Opportunity Investments?

Shares of ROIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ROIC) was last updated on 4/18/2024 by MarketBeat.com Staff

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