NASDAQ:ROIC Retail Opportunity Investments (ROIC) Stock Forecast, Price & News $12.20 +0.09 (+0.74%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$12.05▼$12.3250-Day Range$12.06▼$13.9652-Week Range$11.97▼$18.78Volume1.40 million shsAverage Volume962,750 shsMarket Capitalization$1.54 billionP/E Ratio32.11Dividend Yield4.92%Price Target$15.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Retail Opportunity Investments MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside25.7% Upside$15.33 Price TargetShort InterestHealthy2.47% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.94Based on 5 Articles This WeekInsider TradingSelling Shares$148,824 Sold Last QuarterProj. Earnings Growth4.67%From $1.07 to $1.12 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector200th out of 901 stocksReal Estate Investment Trusts Industry27th out of 190 stocks 3.1 Analyst's Opinion Consensus RatingRetail Opportunity Investments has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.33, Retail Opportunity Investments has a forecasted upside of 25.7% from its current price of $12.20.Amount of Analyst CoverageRetail Opportunity Investments has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.47% of the outstanding shares of Retail Opportunity Investments have been sold short.Short Interest Ratio / Days to CoverRetail Opportunity Investments has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Retail Opportunity Investments has recently decreased by 25.60%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipRetail Opportunity Investments is a leading dividend payer. It pays a dividend yield of 4.91%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRetail Opportunity Investments has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Retail Opportunity Investments is 157.89%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Retail Opportunity Investments will have a dividend payout ratio of 53.57% next year. This indicates that Retail Opportunity Investments will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ROIC. Previous Next 2.7 News and Social Media Coverage News SentimentRetail Opportunity Investments has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Retail Opportunity Investments this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Retail Opportunity Investments to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Retail Opportunity Investments insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $148,824.00 in company stock.Percentage Held by InsidersOnly 2.80% of the stock of Retail Opportunity Investments is held by insiders.Percentage Held by Institutions95.51% of the stock of Retail Opportunity Investments is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Retail Opportunity Investments are expected to grow by 4.67% in the coming year, from $1.07 to $1.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Retail Opportunity Investments is 32.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Retail Opportunity Investments is 32.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 163.88.Price to Earnings Growth RatioRetail Opportunity Investments has a PEG Ratio of 3.07. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRetail Opportunity Investments has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Retail Opportunity Investments (NASDAQ:ROIC) StockRetail 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.Read More Receive ROIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Retail Opportunity Investments and its competitors with MarketBeat's FREE daily newsletter. Email Address ROIC Stock News HeadlinesMay 31, 2023 | fool.comRetail Opportunity Investments Corp. (NASDAQ: ROIC)May 28, 2023 | americanbankingnews.comBrokerages Set Retail Opportunity Investments Corp. (NASDAQ:ROIC) Target Price at $16.00June 1, 2023 | Vantage Point (Ad)Instantly Find Hidden Trade OpportunitiesThere’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 26, 2023 | americanbankingnews.comRetail Opportunity Investments (NASDAQ:ROIC) Research Coverage Started at Wells Fargo & CompanyMay 24, 2023 | msn.comInvenTrust, ROIC snag Overweight ratings as Wells Fargo starts coverageMay 24, 2023 | msn.comWells Fargo Initiates Coverage of Retail Opportunity Investments (ROIC) with Overweight RecommendationMay 2, 2023 | finance.yahoo.comRetail Opportunity Investments Corp. (NASDAQ:ROIC) Q1 2023 Earnings Call TranscriptMay 2, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for Retail Opportunity Investments Corp. Issued By KeyCorp (NASDAQ:ROIC)June 1, 2023 | Vantage Point (Ad)Instantly Find Hidden Trade OpportunitiesThere’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. April 28, 2023 | americanbankingnews.comStockNews.com Downgrades Retail Opportunity Investments (NASDAQ:ROIC) to SellApril 27, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Retail Opportunity Investments (ROIC) and TransUnion (TRU)April 27, 2023 | finance.yahoo.comQ1 2023 Retail Opportunity Investments Corp Earnings CallApril 26, 2023 | msn.comRetail Opportunity Investments (ROIC) Declares $0.15 DividendApril 26, 2023 | seekingalpha.comRetail Opportunity Investments Corp. (ROIC) Q1 2023 Earnings Call TranscriptApril 25, 2023 | benzinga.comRetail Opportunity Investments Corp. Reports 2023 First Quarter ResultsApril 25, 2023 | finance.yahoo.comRetail Opportunity Investments Corp. Reports 2023 First Quarter ResultsApril 23, 2023 | americanbankingnews.comRetail Opportunity Investments (ROIC) Set to Announce Quarterly Earnings on TuesdayApril 20, 2023 | americanbankingnews.comStockNews.com Upgrades Retail Opportunity Investments (NASDAQ:ROIC) to HoldApril 18, 2023 | americanbankingnews.comQ4 2024 EPS Estimates for Retail Opportunity Investments Corp. Boosted by Analyst (NASDAQ:ROIC)April 17, 2023 | americanbankingnews.comBrokerages Set Retail Opportunity Investments Corp. (NASDAQ:ROIC) Price Target at $16.00March 29, 2023 | seekingalpha.comRetail Opportunity Investments: Higher Interest Burden Overshadows Strong Operating ResultsMarch 28, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for Retail Opportunity Investments Corp.'s Q1 2023 Earnings (NASDAQ:ROIC)March 26, 2023 | americanbankingnews.comRetail Opportunity Investments Corp. Forecasted to Post Q4 2023 Earnings of $0.27 Per Share (NASDAQ:ROIC)March 25, 2023 | americanbankingnews.comRetail Opportunity Investments (NASDAQ:ROIC) Upgraded at StockNews.comMarch 23, 2023 | americanbankingnews.comBrokerages Set Retail Opportunity Investments Corp. (NASDAQ:ROIC) PT at $17.00March 11, 2023 | nasdaq.comRetail Opportunity Investments Enters Oversold TerritoryMarch 6, 2023 | finance.yahoo.comRetail Opportunity Investments Corp. Amends and Extends Unsecured Credit Facility and Amends Unsecured Term LoanSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ROIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Retail Opportunity Investments and its competitors with MarketBeat's FREE daily newsletter. Email Address ROIC Company Calendar Last Earnings2/16/2023Ex-Dividend for 4/7 Dividend3/16/2023Dividend Payable4/07/2023Today6/01/2023Ex-Dividend for 7/7 Dividend6/15/2023Dividend Payable7/07/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNASDAQ:ROIC CUSIP76131N10 CIK1407623 Webwww.roireit.net Phone(858) 677-0900Fax858-408-3668Employees68Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio32.11 Forward P/E Ratio11.40 P/E Growth3.07Net Income$51.87 million Net Margins15.32% Pretax Margin16.37% Return on Equity3.49% Return on Assets1.62% Debt Debt-to-Equity Ratio1.00 Current Ratio1.34 Quick Ratio1.34 Sales & Book Value Annual Sales$312.93 million Price / Sales4.91 Cash Flow$1.22 per share Price / Cash Flow10.01 Book Value$10.89 per share Price / Book1.12Miscellaneous Outstanding Shares126,030,000Free Float122,496,000Market Cap$1.54 billion OptionableOptionable Beta1.37 Key ExecutivesStuart A. TanzPresident, Chief Executive Officer & DirectorRichard K. SchoebelChief Operating OfficerMichael B. HainesChief Financial Officer, Secretary & TreasurerLauren N. SilveiraChief Accounting Officer & Vice PresidentNicolette O’LearyDirector-Investor RelationsKey CompetitorsAcadia Realty TrustNYSE:AKRMacerichNYSE:MACTanger Factory Outlet CentersNYSE:SKTAlexander'sNYSE:ALXSaul CentersNYSE:BFSView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 1,556 shares on 5/26/2023Ownership: 0.014%Ameriprise Financial Inc.Bought 23,304 shares on 5/22/2023Ownership: 0.420%Putnam Investments LLCSold 4,014 shares on 5/22/2023Ownership: 0.075%JPMorgan Chase & Co.Bought 243,006 shares on 5/18/2023Ownership: 0.671%New York State Common Retirement FundSold 25,681 shares on 5/18/2023Ownership: 0.175%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Retail Opportunity Investments' stock? ETFs with the largest weight of Retail Opportunity Investments (NASDAQ:ROIC) stock in their portfolio include U.S. Diversified Real Estate ETF (PPTY), Cambria Global Real Estate ETF (BLDG), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco Active U.S. Real Estate ETF (PSR), Invesco S&P SmallCap Financials ETF (PSCF), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV), Vanguard S&P Small-Cap 600 Value ETF (VIOV) and iShares S&P Small-Cap 600 Value ETF (IJS). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Retail Opportunity Investments Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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