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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last year. There are currently 3 hold ratings and 1 buy rating 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 1-year price targets for Retail Opportunity Investments' shares. Their ROIC share price targets range from $13.00 to $16.00. On average, they expect the company's share price to reach $14.67 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price.
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Retail Opportunity Investments' stock was trading at $15.03 at the start of the year. Since then, ROIC stock has decreased by 10.8% and is now trading at $13.40.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our ROIC earnings forecast.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) released its quarterly earnings data on Tuesday, October, 24th. The real estate investment trust reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.27 by $0.20. The real estate investment trust had revenue of $78.27 million for the quarter, compared to analysts' expectations of $80.99 million. Retail Opportunity Investments had a trailing twelve-month return on equity of 2.68% and a net margin of 11.35%. The firm's quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.27 earnings per share.

Retail Opportunity Investments declared a quarterly dividend on Tuesday, October 24th. Investors of record on Friday, December 15th will be paid a dividend of $0.15 per share on Friday, January 5th. This represents a $0.60 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend is Thursday, December 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 4.56%. 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 206.90%. 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 55.56% 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 Cambria Global Real Estate ETF (BLDG), U.S. Diversified Real Estate ETF (PPTY), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV), Invesco S&P SmallCap Low Volatility ETF (XSLV) and Invesco Active U.S. Real Estate ETF (PSR).Private Real Estate Strategy via Liquid REITs ETF (PRVT).

Retail Opportunity Investments issued an update on its FY 2023 earnings guidance on Tuesday, October, 24th. The company provided EPS guidance of $1.05-$1.07 for the period, compared to the consensus estimate of $1.06. The company issued revenue guidance of -.

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).

Retail Opportunity Investments' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Federated Hermes Inc. (3.02%), Jennison Associates LLC (2.17%), Lasalle Investment Management Securities LLC (1.76%), Charles Schwab Investment Management Inc. (1.62%), Schroder Investment Management Group (1.60%) and JPMorgan Chase & Co. (1.58%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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