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

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last twelve months. There are currently 2 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.

3 Wall Street research analysts have issued twelve-month price objectives for Retail Opportunity Investments' shares. Their ROIC share price forecasts range from $15.00 to $16.00. On average, they predict the company's share price to reach $15.50 in the next year. This suggests a possible upside of 25.6% from the stock's current price.
View analysts price targets for ROIC or view top-rated stocks among Wall Street analysts.

Retail Opportunity Investments' stock was trading at $15.03 at the start of the year. Since then, ROIC shares have decreased by 17.9% and is now trading at $12.34.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our ROIC earnings forecast.

Retail Opportunity Investments will be holding an earnings conference call on Wednesday, October 25th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) issued its earnings results on Thursday, February, 16th. The real estate investment trust reported $0.08 earnings per share (EPS) 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 14.64% and a trailing twelve-month return on equity of 3.39%. The firm's quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the business posted $0.25 EPS.

Retail Opportunity Investments declared a quarterly dividend on Tuesday, July 25th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.15 per share on Friday, October 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.86%. The ex-dividend date is Thursday, September 14th.
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 (NASDAQ:ROIC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.67%. 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 162.16%. 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 54.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ROIC.

Retail Opportunity Investments issued an update on its FY23 earnings guidance on Tuesday, July, 25th. The company provided earnings per share guidance of $1.05-$1.11 for the period, compared to the consensus estimate of $1.06.

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 trades on the NASDAQ under the ticker symbol "ROIC."

Retail Opportunity Investments' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (18.75%), State Street Corp (6.29%), Centersquare Investment Management LLC (4.70%), Lasalle Investment Management Securities LLC (2.41%), Jennison Associates LLC (2.39%) and Geode Capital Management LLC (2.26%). Insiders that own company stock include Eric S Zorn and Laura H Pomerantz.
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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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One share of ROIC stock can currently be purchased for approximately $12.34.

Retail Opportunity Investments (NASDAQ:ROIC) has a market capitalization of $1.55 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 $0.37 on an earnings per share basis.

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.