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 March 31, 2018, ROIC owned 91 shopping centers encompassing approximately 10.5 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 and Standard & Poor's. Additional information is available at: www.roireit.net.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNASDAQ:ROIC
CUSIP76131N10
Phone858-677-0900
Debt
Debt-to-Equity Ratio1.13
Current Ratio1.91
Quick Ratio1.91
Price-To-Earnings
Trailing P/E Ratio16.66
Forward P/E Ratio16.08
P/E Growth2.48
Sales & Book Value
Annual Sales$273.26 million
Price / Sales7.90
Cash Flow$1.1742 per share
Price / Cash16.30
Book Value$12.12 per share
Price / Book1.58
Profitability
EPS (Most Recent Fiscal Year)$1.14
Net Income$38.47 million
Net Margins13.85%
Return on Equity2.98%
Return on Assets1.33%
Miscellaneous
Employees73
Outstanding Shares112,720,000
Retail Opportunity Investments (NASDAQ:ROIC) Frequently Asked Questions
What is Retail Opportunity Investments' stock symbol?
Retail Opportunity Investments trades on the NASDAQ under the ticker symbol "ROIC."
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 Thursday, April 26th. Shareholders of record on Thursday, June 14th will be given a dividend of $0.195 per share on Thursday, June 28th. This represents a $0.78 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend is Wednesday, June 13th. View Retail Opportunity Investments' Dividend History.
How were Retail Opportunity Investments' earnings last quarter?
Retail Opportunity Investments Corp (NASDAQ:ROIC) issued its earnings results on Wednesday, April, 25th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.20. The real estate investment trust had revenue of $74.40 million for the quarter, compared to analyst estimates of $72.67 million. Retail Opportunity Investments had a net margin of 13.85% and a return on equity of 2.98%. The company's revenue for the quarter was up 12.9% on a year-over-year basis. During the same period last year, the firm posted $0.28 EPS. View Retail Opportunity Investments' Earnings History.
When is Retail Opportunity Investments' next earnings date?
What price target have analysts set for ROIC?
8 equities research analysts have issued 12 month target prices for Retail Opportunity Investments' stock. Their predictions range from $17.00 to $23.00. On average, they expect Retail Opportunity Investments' stock price to reach $19.9167 in the next year. View Analyst Ratings for Retail Opportunity Investments.
Who are some of Retail Opportunity Investments' key competitors?
Some companies that are related to Retail Opportunity Investments include Camden Property Trust (CPT), AGNC Investment (AGNC), Equity Lifestyle Properties (ELS), Macerich (MAC), Sun Communities (SUI), VICI Properties (VICI), Kilroy Realty (KRC), Gaming and Leisure Properties (GLPI), WP Carey (WPC), Vereit (VER), Kimco Realty (KIM), Lamar Advertising (LAMR), Douglas Emmett (DEI), National Retail Properties (NNN) and Liberty Property Trust (LPT).
Who are Retail Opportunity Investments' key executives?
Retail Opportunity Investments' management team includes the folowing people:
- Mr. Stuart A. Tanz, Pres, CEO & Director (Age 59)
- Mr. Michael B. Haines, Exec. VP, CFO, Treasurer & Sec. (Age 56)
- Mr. Richard K. Schoebel, Chief Operating Officer (Age 52)
- Ms. Laurie A. Sneve CPA, CAO, Sr. VP & Controller (Age 55)
- Ms. Ashley Rubino, Investor Relations Officer
Has Retail Opportunity Investments been receiving favorable news coverage?
News articles about ROIC stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Retail Opportunity Investments earned a coverage optimism score of 0.03 on Accern's scale. They also gave news coverage about the real estate investment trust an impact score of 45.76 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Retail Opportunity Investments' major shareholders?
Retail Opportunity Investments' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.50%), Ceredex Value Advisors LLC (4.75%), First Foundation Advisors (2.23%), Northern Trust Corp (1.76%), Thompson Siegel & Walmsley LLC (1.64%) and Dimensional Fund Advisors LP (1.54%). Company insiders that own Retail Opportunity Investments stock include Charles J Persico and Michael J Indiveri. View Institutional Ownership Trends for Retail Opportunity Investments.
Which major investors are selling Retail Opportunity Investments stock?
ROIC stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Russell Investments Group Ltd., BlackRock Inc., Thompson Siegel & Walmsley LLC, UBS Group AG, Comerica Bank, JPMorgan Chase & Co. and Envestnet Asset Management Inc.. View Insider Buying and Selling for Retail Opportunity Investments.
Which major investors are buying Retail Opportunity Investments stock?
ROIC stock was purchased by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Wells Fargo & Company MN, First Foundation Advisors, The Manufacturers Life Insurance Company , Citigroup Inc., Motley Fool Wealth Management LLC, Guggenheim Capital LLC and Citadel Advisors LLC. View Insider Buying and Selling for Retail Opportunity Investments.
How do I buy shares of Retail Opportunity Investments?
Shares of ROIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Retail Opportunity Investments' stock price today?
One share of ROIC stock can currently be purchased for approximately $19.14.
How big of a company is Retail Opportunity Investments?
Retail Opportunity Investments has a market capitalization of $2.11 billion and generates $273.26 million in revenue each year. The real estate investment trust earns $38.47 million in net income (profit) each year or $1.14 on an earnings per share basis. Retail Opportunity Investments employs 73 workers across the globe.
How can I contact Retail Opportunity Investments?
Retail Opportunity Investments' mailing address is 11250 El Camino Real Suite 200, SAN DIEGO CA, 92130. The real estate investment trust can be reached via phone at 858-677-0900.
MarketBeat Community Rating for Retail Opportunity Investments (ROIC)
MarketBeat's community ratings are surveys of what our community members think about Retail Opportunity Investments and other stocks. Vote "Outperform" if you believe ROIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ROIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
