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

4 Wall Street 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 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.
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4 Wall Street analysts have issued 12 month target prices for Retail Opportunity Investments' shares. Their ROIC share price targets range from $12.00 to $16.00. On average, they predict the company's share price to reach $14.75 in the next year. This suggests a possible upside of 20.1% from the stock's current price.
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Retail Opportunity Investments' stock was trading at $14.03 on January 1st, 2024. Since then, ROIC shares have decreased by 12.5% and is now trading at $12.28.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our ROIC earnings forecast.

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.

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

Retail Opportunity Investments declared a quarterly dividend on Tuesday, February 13th. Investors of record on Friday, March 15th will be given a dividend of $0.15 per share on Friday, April 5th. This represents a $0.60 annualized dividend and a dividend yield of 4.89%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for ROIC.

Retail Opportunity Investments (NASDAQ:ROIC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.87%. ROIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 222.22%. 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.

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).

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 earnings per share estimate of 1.080. The company issued revenue guidance of -.

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).

Retail Opportunity Investments' stock is owned by a variety of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (2.50%), Allspring Global Investments Holdings LLC (0.22%), 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.
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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.
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