S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Palo Alto Networks aims at cyber security leadership
3 Reasons the Capital One-Discover merger is a big deal
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
Is Gold Really Boring? (Ad)
Teladoc Health gaps down to support level after weak guidance
Housing data weakens, but Toll Brothers stock is still a buy
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Palo Alto Networks aims at cyber security leadership
3 Reasons the Capital One-Discover merger is a big deal
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
Is Gold Really Boring? (Ad)
Teladoc Health gaps down to support level after weak guidance
Housing data weakens, but Toll Brothers stock is still a buy
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Palo Alto Networks aims at cyber security leadership
3 Reasons the Capital One-Discover merger is a big deal
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
Is Gold Really Boring? (Ad)
Teladoc Health gaps down to support level after weak guidance
Housing data weakens, but Toll Brothers stock is still a buy
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Palo Alto Networks aims at cyber security leadership
3 Reasons the Capital One-Discover merger is a big deal
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
Is Gold Really Boring? (Ad)
Teladoc Health gaps down to support level after weak guidance
Housing data weakens, but Toll Brothers stock is still a buy
NASDAQ:ROIC

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

$13.09
+0.32 (+2.51%)
(As of 02/21/2024 ET)
Today's Range
$12.70
$13.11
50-Day Range
$12.77
$14.29
52-Week Range
$10.98
$15.16
Volume
1.82 million shs
Average Volume
1.37 million shs
Market Capitalization
$1.66 billion
P/E Ratio
48.48
Dividend Yield
4.58%
Price Target
$15.00

Retail Opportunity Investments MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
14.6% Upside
$15.00 Price Target
Short Interest
Healthy
3.59% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.98mentions of Retail Opportunity Investments in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.63%
From $1.08 to $1.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.15 out of 5 stars

Finance Sector

497th out of 848 stocks

Real Estate Investment Trusts Industry

110th out of 176 stocks


ROIC stock logo

About Retail Opportunity Investments Stock (NASDAQ:ROIC)

Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast. As of September 30, 2023, ROIC owned 93 shopping centers encompassing approximately 10.6 million square feet. ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast. ROIC is a member of the S&P SmallCap 600 Index and has investment-grade corporate debt ratings from Moody's Investor Services, S&P Global Ratings and Fitch Ratings, Inc.

ROIC Stock Price History

ROIC Stock News Headlines

Retail Opportunity Investments (ROIC) Receives a Buy from KeyBanc
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
Q4 2023 JELD-WEN Holding Inc Earnings Call
Q4 2023 Retail Opportunity Investments Corp Earnings Call
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
Retail Opportunity Investments Corp. Reports 2023 Results
Retail Opportunity Investments Corp. Reports 2023 Results
ROIC Apr 2024 12.500 put
See More Headlines
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Company Calendar

Ex-Dividend for 1/5 Dividend
12/14/2023
Dividend Payable
1/05/2024
Last Earnings
2/15/2024
Today
2/22/2024
Ex-Dividend for 4/5 Dividend
3/14/2024
Dividend Payable
4/05/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Current Symbol
NASDAQ:ROIC
CUSIP
76131N10
Employees
70
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$16.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+14.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$34.53 million
Pretax Margin
11.18%

Debt

Sales & Book Value

Annual Sales
$327.73 million
Cash Flow
$1.17 per share
Book Value
$10.73 per share

Miscellaneous

Free Float
123,449,000
Market Cap
$1.66 billion
Optionable
Optionable
Beta
1.44
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Key Executives

  • Mr. Stuart A. Tanz (Age 65)
    President, CEO & Director
    Comp: $2.42M
  • Mr. Michael B. Haines (Age 62)
    Executive VP, CFO, Treasurer & Secretary
    Comp: $942.41k
  • Mr. Richard K. Schoebel (Age 58)
    Chief Operating Officer
    Comp: $1.11M
  • Ms. Lauren N. Silveira (Age 42)
    VP & Chief Accounting Officer
  • Ms. Ashley Rubino
    Investor Relations Officer
  • Carol Merriman
    Investor Relations Officer














ROIC Stock Analysis - Frequently Asked Questions

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ROIC shares.
View ROIC analyst ratings
or view top-rated stocks.

What is Retail Opportunity Investments' stock price target for 2024?

4 brokerages have issued 12-month price objectives for Retail Opportunity Investments' shares. Their ROIC share price targets range from $13.00 to $16.00. On average, they predict the company's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 14.6% 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 2024?

Retail Opportunity Investments' stock was trading at $14.03 at the beginning of 2024. Since then, ROIC stock has decreased by 6.7% and is now trading at $13.09.
View the best growth stocks for 2024 here
.

Are investors shorting Retail Opportunity Investments?

Retail Opportunity Investments saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 4,560,000 shares, an increase of 13.2% from the January 15th total of 4,030,000 shares. Based on an average trading volume of 1,210,000 shares, the short-interest ratio is currently 3.8 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, April 23rd 2024.
View our ROIC earnings forecast
.

How were Retail Opportunity Investments' earnings last quarter?

Retail Opportunity Investments Corp. (NASDAQ:ROIC) posted its quarterly earnings data 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 trailing twelve-month return on equity of 2.53% and a net margin of 10.54%. Retail Opportunity Investments's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.27 earnings per share.

How often does Retail Opportunity Investments pay dividends? What is the dividend yield for Retail Opportunity Investments?

Retail Opportunity Investments declared a quarterly dividend on Tuesday, February 13th. Investors of record on Friday, March 15th will be paid a dividend of $0.15 per share on Friday, April 5th. This represents a $0.60 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date is Thursday, March 14th.
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 4.70%. ROIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 222.23%. 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 53.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ROIC.

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

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 -.

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 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).

Who are Retail Opportunity Investments' major shareholders?

Retail Opportunity Investments' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.60%), Centersquare Investment Management LLC (6.94%), Federated Hermes Inc. (3.35%), Lasalle Investment Management Securities LLC (2.52%), Sumitomo Mitsui Trust Holdings Inc. (2.25%) and Charles Schwab Investment Management Inc. (1.67%). Insiders that own company stock include Eric S Zorn, Laura H Pomerantz and Michael J Indiveri.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ROIC) was last updated on 2/22/2024 by MarketBeat.com Staff