NASDAQ:ROICRetail Opportunity Investments Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $9.84 -0.62 (-5.93 %) (As of 05/28/2020 04:00 PM ET) Add Compare Share Today's Range$9.71Now: $9.84▼$10.6350-Day Range$7.61MA: $8.83▼$10.4652-Week Range$5.84Now: $9.84▼$19.18Volume1.76 million shsAverage Volume1.73 million shsMarket Capitalization$1.14 billionP/E Ratio23.43Dividend Yield7.65%Beta1.33 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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, 2019, ROIC owned 90 shopping centers encompassing approximately 10.3 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.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingRetail Opportunity Investments has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.14, Retail Opportunity Investments has a potential upside of 33.6% from its current price of $9.84.Amount of Analyst CoverageRetail Opportunity Investments has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.1 Community Rank Outperform VotesRetail Opportunity Investments has received 309 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRetail Opportunity Investments has received 417 “underperform” votes. (Add your “underperform” vote.)Community SentimentRetail Opportunity Investments has received 57.44% “underperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend LeadershipRetail Opportunity Investments is a leading dividend payer. It pays a dividend yield of 7.65%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRetail Opportunity Investments has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Retail Opportunity Investments is 72.73 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Retail Opportunity Investments will have a dividend payout ratio of 79.21 % in the coming year. This indicates that Retail Opportunity Investments may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Retail Opportunity Investments insiders have bought more of their company's stock than they have sold. Specifically, they have bought $268,413.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.50% of the stock of Retail Opportunity Investments is held by insiders.Percentage Held by Institutions91.14% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Retail Opportunity Investments are expected to decrease by -2.88% in the coming year, from $1.04 to $1.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Retail Opportunity Investments is 23.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Retail Opportunity Investments is 23.43, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.22.Price to Book Value per Share RatioRetail Opportunity Investments has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.1Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.03 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNASDAQ:ROIC Previous Symbol CUSIP76131N10 CIK1407623 Webwww.roireit.net Phone858-677-0900Debt Debt-to-Equity Ratio1.17 Current Ratio3.97 Quick Ratio3.97Price-To-Earnings Trailing P/E Ratio23.43 Forward P/E Ratio9.46 P/E GrowthN/A Sales & Book Value Annual Sales$295.04 million Price / Sales3.88 Cash Flow$1.21 per share Price / Cash Flow8.12 Book Value$10.82 per share Price / Book0.91Profitability EPS (Most Recent Fiscal Year)$1.10 Net Income$48.84 million Net Margins16.20% Return on Equity3.72% Return on Assets1.62%Miscellaneous Employees71 Outstanding Shares116,356,000Market Cap$1.14 billion Next Earnings Date7/22/2020 (Estimated) OptionableOptionable NASDAQ:ROIC Rates by TradingView Receive ROIC News and Ratings via Email Sign-up to receive the latest news and ratings for ROIC and its competitors with MarketBeat's FREE daily newsletter. Retail Opportunity Investments (NASDAQ:ROIC) Frequently Asked Questions How has Retail Opportunity Investments' stock been impacted by COVID-19 (Coronavirus)? Retail Opportunity Investments' stock was trading at $13.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ROIC stock has decreased by 27.0% and is now trading at $9.84. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Retail Opportunity Investments? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Retail Opportunity Investments. When is Retail Opportunity Investments' next earnings date? Retail Opportunity Investments is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Retail Opportunity Investments. How were Retail Opportunity Investments' earnings last quarter? Retail Opportunity Investments Corp (NASDAQ:ROIC) released its quarterly earnings data on Wednesday, April, 22nd. The real estate investment trust reported $0.10 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.01. The real estate investment trust earned $74.87 million during the quarter, compared to the consensus estimate of $75.06 million. Retail Opportunity Investments had a return on equity of 3.72% and a net margin of 16.20%. View Retail Opportunity Investments' earnings history. 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, February 18th. Shareholders of record on Monday, March 16th will be given a dividend of $0.20 per share on Monday, March 30th. This represents a $0.80 annualized dividend and a yield of 8.13%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Retail Opportunity Investments's previous quarterly dividend of $0.20. View Retail Opportunity Investments' dividend history. What price target have analysts set for ROIC? 8 Wall Street analysts have issued twelve-month price targets for Retail Opportunity Investments' stock. Their forecasts range from $7.00 to $19.00. On average, they expect Retail Opportunity Investments' stock price to reach $13.14 in the next twelve months. This suggests a possible upside of 33.6% from the stock's current price. View analysts' price targets for Retail Opportunity Investments. Has Retail Opportunity Investments been receiving favorable news coverage? Press coverage about ROIC stock has been trending very negative on Thursday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Retail Opportunity Investments earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutRetail Opportunity Investments. Are investors shorting Retail Opportunity Investments? Retail Opportunity Investments saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,330,000 shares, a drop of 6.9% from the April 30th total of 4,650,000 shares. Based on an average daily volume of 1,850,000 shares, the short-interest ratio is currently 2.3 days. Approximately 3.8% of the company's shares are short sold. View Retail Opportunity Investments' Current Options Chain. Who are some of Retail Opportunity Investments' key competitors? Some companies that are related to Retail Opportunity Investments include Realty Income (O), Simon Property Group (SPG), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Agree Realty (ADC), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Alexander's (ALX), Retail Properties of America (RPAI), Getty Realty (GTY), Acadia Realty Trust (AKR), Macerich (MAC) and Kite Realty Group Trust (KRG). View all competitors. 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 Est. Finance (ARI) and Express (EXPR). Who are Retail Opportunity Investments' key executives? Retail Opportunity Investments' management team includes the following people: Mr. Stuart A. Tanz, Pres, CEO & Director (Age 60)Mr. Michael B. Haines, Exec. VP, CFO, Treasurer & Sec. (Age 57)Mr. Richard K. Schoebel, Chief Operating Officer (Age 53)Ms. Laurie A. Sneve CPA, CAO, Sr. VP & Controller (Age 56)Ms. Ashley Rubino, Investor Relations Officer 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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.02%), Invesco Ltd. (9.44%), State Street Corp (5.41%), Centersquare Investment Management LLC (3.74%), Jennison Associates LLC (1.91%) and Geode Capital Management LLC (1.89%). Company insiders that own Retail Opportunity Investments stock include Eric S Zorn, Laura H Pomerantz, Michael B Haines, Richard A Baker and Richard K Schoebel. View institutional ownership trends for Retail Opportunity Investments. Which institutional investors are selling Retail Opportunity Investments stock? ROIC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Federated Hermes Inc., Deprince Race & Zollo Inc., Weiss Multi Strategy Advisers LLC, First Foundation Advisors, Balyasny Asset Management LLC, and Two Sigma Investments LP. Company insiders that have sold Retail Opportunity Investments company stock in the last year include Laura H Pomerantz, Michael B Haines, Richard A Baker, and Richard K Schoebel. View insider buying and selling activity for Retail Opportunity Investments. Which institutional investors are buying Retail Opportunity Investments stock? ROIC stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Deutsche Bank AG, RBO & Co. LLC, State Street Corp, JPMorgan Chase & Co., Centersquare Investment Management LLC, Geode Capital Management LLC, and GSA Capital Partners LLP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Retail Opportunity Investments' stock price today? One share of ROIC stock can currently be purchased for approximately $9.84. How big of a company is Retail Opportunity Investments? Retail Opportunity Investments has a market capitalization of $1.14 billion and generates $295.04 million in revenue each year. The real estate investment trust earns $48.84 million in net income (profit) each year or $1.10 on an earnings per share basis. Retail Opportunity Investments employs 71 workers across the globe. What is Retail Opportunity Investments' official website? The official website for Retail Opportunity Investments is www.roireit.net. 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. This page was last updated on 5/28/2020 by MarketBeat.com Staff
