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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Major Financial Crisis Could Hit America (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Major Financial Crisis Could Hit America (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Major Financial Crisis Could Hit America (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Major Financial Crisis Could Hit America (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Major Financial Crisis Could Hit America (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Major Financial Crisis Could Hit America (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NASDAQ:ROIC

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

$12.20
+0.09 (+0.74%)
(As of 05/31/2023 ET)
Compare
Today's Range
$12.05
$12.32
50-Day Range
$12.06
$13.96
52-Week Range
$11.97
$18.78
Volume
1.40 million shs
Average Volume
962,750 shs
Market Capitalization
$1.54 billion
P/E Ratio
32.11
Dividend Yield
4.92%
Price Target
$15.33

Retail Opportunity Investments MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
25.7% Upside
$15.33 Price Target
Short Interest
Healthy
2.47% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.94mentions of Retail Opportunity Investments in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$148,824 Sold Last Quarter
Proj. Earnings Growth
4.67%
From $1.07 to $1.12 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.87 out of 5 stars

Finance Sector

200th out of 901 stocks

Real Estate Investment Trusts Industry

27th out of 190 stocks


ROIC stock logo

About Retail Opportunity Investments (NASDAQ:ROIC) Stock

Retail Opportunity Investments Corp. engages in the ownership, management, and redevelopment of retail real estate properties. It also operates business in supermarkets and drugstores. The company was founded on July 10, 2007 and is headquartered in San Diego, CA.

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ROIC Stock News Headlines

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See More Headlines
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ROIC Company Calendar

Last Earnings
2/16/2023
Ex-Dividend for 4/7 Dividend
3/16/2023
Dividend Payable
4/07/2023
Today
6/01/2023
Ex-Dividend for 7/7 Dividend
6/15/2023
Dividend Payable
7/07/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
Current Symbol
NASDAQ:ROIC
CUSIP
76131N10
Employees
68
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$15.33
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+25.7%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$51.87 million
Pretax Margin
16.37%

Debt

Sales & Book Value

Annual Sales
$312.93 million
Cash Flow
$1.22 per share
Book Value
$10.89 per share

Miscellaneous

Free Float
122,496,000
Market Cap
$1.54 billion
Optionable
Optionable
Beta
1.37

Key Executives

  • Stuart A. Tanz
    President, Chief Executive Officer & Director
  • Richard K. Schoebel
    Chief Operating Officer
  • Michael B. Haines
    Chief Financial Officer, Secretary & Treasurer
  • Lauren N. Silveira
    Chief Accounting Officer & Vice President
  • Nicolette O’Leary
    Director-Investor Relations













ROIC Stock - Frequently Asked Questions

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

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 forecast for 2023?

4 Wall Street analysts have issued 1-year target prices for Retail Opportunity Investments' stock. Their ROIC share price forecasts range from $14.00 to $17.00. On average, they anticipate the company's stock price to reach $15.33 in the next twelve months. This suggests a possible upside of 25.7% 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 2023?

Retail Opportunity Investments' stock was trading at $15.03 at the start of the year. Since then, ROIC stock has decreased by 18.8% and is now trading at $12.20.
View the best growth stocks for 2023 here
.

Are investors shorting Retail Opportunity Investments?

Retail Opportunity Investments saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,110,000 shares, a decrease of 25.6% from the April 30th total of 4,180,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the days-to-cover ratio is presently 2.7 days.
View Retail Opportunity Investments' Short Interest
.

When is Retail Opportunity Investments' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our ROIC earnings forecast
.

How were Retail Opportunity Investments' earnings last quarter?

Retail Opportunity Investments Corp. (NASDAQ:ROIC) released its quarterly earnings results on Thursday, February, 16th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.19. The real estate investment trust had revenue of $80.20 million for the quarter, compared to analysts' expectations of $78.15 million. Retail Opportunity Investments had a net margin of 15.32% and a trailing twelve-month return on equity of 3.49%. The firm's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.25 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, April 25th. Investors of record on Friday, June 16th will be paid a dividend of $0.15 per share on Friday, July 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.92%. The ex-dividend date of this dividend is Thursday, June 15th.
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 4.91%. ROIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 157.89%. 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 53.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ROIC.

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

Retail Opportunity Investments updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $1.05-$1.11 for the period, compared to the consensus EPS estimate of $1.08. 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 CA (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).

What is Retail Opportunity Investments' stock symbol?

Retail Opportunity Investments trades on the NASDAQ under the ticker symbol "ROIC."

Who are Retail Opportunity Investments' major shareholders?

Retail Opportunity Investments' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.48%), State Street Corp (6.29%), Federated Hermes Inc. (2.73%), Jennison Associates LLC (2.48%), Geode Capital Management LLC (2.15%) and Sumitomo Mitsui Trust Holdings Inc. (1.80%). Insiders that own company stock include Eric S Zorn and Laura H Pomerantz.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Retail Opportunity Investments' stock price today?

One share of ROIC stock can currently be purchased for approximately $12.20.

How much money does Retail Opportunity Investments make?

Retail Opportunity Investments (NASDAQ:ROIC) has a market capitalization of $1.54 billion and generates $312.93 million in revenue each year. The real estate investment trust earns $51.87 million in net income (profit) each year or $0.38 on an earnings per share basis.

How can I contact Retail Opportunity Investments?

Retail Opportunity Investments' mailing address is 11250 EL CAMINO REAL SUITE 200, SAN DIEGO CA, 92130. The official website for the company is www.roireit.net. The real estate investment trust can be reached via phone at (858) 677-0900, via email at arubino@roireit.net, or via fax at 858-408-3668.

This page (NASDAQ:ROIC) was last updated on 6/1/2023 by MarketBeat.com Staff

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