Retail Opportunity Investments Corp. Company Profile (NASDAQ:ROIC)

Retail Opportunity Investments Corp. trades on the NASDAQ under the ticker symbol "ROIC."

Retail Opportunity Investments Corp. declared a quarterly dividend on Tuesday, August 1st. Stockholders of record on Thursday, September 14th will be paid a dividend of $0.188 per share on Thursday, September 28th. This represents a $0.75 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend is Wednesday, September 13th. This is a boost from Retail Opportunity Investments Corp.'s previous quarterly dividend of $0.19. View Retail Opportunity Investments Corp.'s Dividend History.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) issued its quarterly earnings results on Wednesday, July, 26th. The company reported $0.27 EPS for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.01. The firm had revenue of $66.64 million for the quarter, compared to the consensus estimate of $66.18 million. Retail Opportunity Investments Corp. had a net margin of 13.92% and a return on equity of 2.71%. The company's revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 EPS. View Retail Opportunity Investments Corp.'s Earnings History.

Retail Opportunity Investments Corp. is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Retail Opportunity Investments Corp..

7 brokerages have issued 1-year target prices for Retail Opportunity Investments Corp.'s stock. Their forecasts range from $19.00 to $26.00. On average, they anticipate Retail Opportunity Investments Corp.'s stock price to reach $22.33 in the next twelve months. View Analyst Ratings for Retail Opportunity Investments Corp..

Here are some recent quotes from research analysts about Retail Opportunity Investments Corp. stock:

• 1. According to Zacks Investment Research, "Retail Opportunity Investments Corp. is a corporation that intends to qualify as a REIT for U.S. federal incoming tax purposes and that expects to invest in, acquire, own, lease, reposition and manage a diverse portfolio of necessity-based retail properties. This includes primarily, well located community and neighborhood shopping centers, anchored by national or regional supermarkets and drugstores. The company may also acquire other retail properties, including power centers, regional malls lifestyle centers and single-tenant retail locations that are leased to national, regional and local tenants. In addition, the Company may supplement its direct purchases of retail properties with first mortgages or second mortgages, mezzanine loans, bridge or other loans or debt investments related to retail properties, in each case provided that the underlying real estate meets the Company's criteria for direct investment. " (9/6/2017)
• 2. Canaccord Genuity analysts commented, "We reiterate our Buy rating and recommend buying on any near-term weakness associated with the company’s short-term ssNOI result." (4/27/2017)

Some companies that are related to Retail Opportunity Investments Corp. include Simon Property Group (SPG), General Growth Properties (GGP), Regency Centers Corporation (REG), Kimco Realty Corporation (KIM), Macerich Company (The) (MAC), National Retail Properties (NNN), Brixmor Property Group (BRX), Weingarten Realty Investors (WRI), CoreSite Realty Corporation (COR), DDR Corp. (DDR), Taubman Centers (TCO), Retail Properties of America (RPAI), Urban Edge Properties (UE), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT), American Assets Trust (AAT), Kite Realty Group Trust (KRG) and Four Corners Property Trust (FCPT).

Retail Opportunity Investments Corp.'s management team includes the folowing people:

• Stuart A. Tanz, President, Chief Executive Officer, Director
• Michael B. Haines, Chief Financial Officer
• Richard K. Schoebel, Chief Operating Officer
• Richard A. Baker, Non-Executive Chairman of the Board
• Michael J. Indiveri CPA, Independent Director
• Edward H. Meyer, Independent Director
• Lee Stuart Neibart, Independent Director
• Charles J. Persico, Independent Director

Retail Opportunity Investments Corp.'s stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.78%), Vanguard Group Inc. (15.62%), State Street Corp (0.00%), Thompson Siegel & Walmsley LLC (2.08%), Northern Trust Corp (1.71%) and Hermes Investment Management Ltd. (0.00%). Company insiders that own Retail Opportunity Investments Corp. stock include Charles J Persico and Michael J Indiveri. View Institutional Ownership Trends for Retail Opportunity Investments Corp..

Retail Opportunity Investments Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Kennedy Capital Management Inc., Bank of New York Mellon Corp, Hermes Investment Management Ltd., Employees Retirement System of Texas, Ameriprise Financial Inc., JPMorgan Chase & Co. and AXA. View Insider Buying and Selling for Retail Opportunity Investments Corp..

Retail Opportunity Investments Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Thompson Siegel & Walmsley LLC, Russell Investments Group Ltd., Jennison Associates LLC, BlackRock Inc., Goldman Sachs Group Inc., Wells Fargo & Company MN and Sorin Capital Management LLC. View Insider Buying and Selling for Retail Opportunity Investments Corp..

Shares of Retail Opportunity Investments Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Retail Opportunity Investments Corp. stock can currently be purchased for approximately $18.95.