Retail Opportunity Investments - ROIC Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last twelve months. There are currently 1 sell rating and 1 hold 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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2 equities research analysts have issued 1-year target prices for Retail Opportunity Investments' stock. Their ROIC share price forecasts range from $15.00 to $19.00. On average, they expect the company's share price to reach $17.00 in the next year. This suggests that the stock has a possible downside of 7.3%.
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Retail Opportunity Investments' stock was trading at $19.60 at the start of the year. Since then, ROIC stock has decreased by 6.4% and is now trading at $18.34.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our ROIC earnings forecast.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced its quarterly earnings results on Tuesday, July, 26th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by $0.17. Retail Opportunity Investments had a net margin of 17.65% and a trailing twelve-month return on equity of 3.85%. During the same quarter in the prior year, the company posted $0.25 EPS.

Retail Opportunity Investments declared a quarterly dividend on Tuesday, July 26th. Stockholders of record on Friday, September 16th will be given a dividend of $0.15 per share on Friday, October 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date of this dividend is Thursday, September 15th. This is an increase from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for ROIC.

Retail Opportunity Investments (NASDAQ:ROIC) pays an annual dividend of $0.52 per share and currently has a dividend yield of 2.85%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 123.81%. 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 45.61% 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 updated its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share (EPS) guidance of $1.08-$1.12 for the period. 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 trades on the NASDAQ under the ticker symbol "ROIC."

Retail Opportunity Investments' stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (6.04%), Millennium Management LLC (2.52%), Ranger Global Real Estate Advisors LLC (1.94%), Northern Trust Corp (1.86%), Jennison Associates LLC (1.66%) and Aew Capital Management L P (1.53%). Insiders that own company stock include Eric S Zorn, Laura H Pomerantz, Michael B Haines, Richard A Baker and Richard K Schoebel.
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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 $18.34.

Retail Opportunity Investments (NASDAQ:ROIC) has a market capitalization of $2.28 billion and generates $284.10 million in revenue each year. The real estate investment trust earns $53.51 million in net income (profit) each year or $0.42 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.