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. announced a quarterly dividend on Thursday, April 27th. Investors of record on Thursday, June 15th will be paid a dividend of $0.1875 per share on Thursday, June 29th. This represents a $0.75 annualized dividend and a yield of 3.92%. The ex-dividend date is Tuesday, June 13th. View Retail Opportunity Investments Corp.'s Dividend History.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced its earnings results on Wednesday, April, 26th. The company reported $0.28 EPS for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.01. The firm had revenue of $65.90 million for the quarter, compared to analyst estimates of $62.86 million. Retail Opportunity Investments Corp. had a return on equity of 2.71% and a net margin of 14.13%. Retail Opportunity Investments Corp.'s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period in the previous 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, July, 25th 2017. View Earnings Estimates for Retail Opportunity Investments Corp..

6 equities research analysts have issued 1 year target prices for Retail Opportunity Investments Corp.'s shares. Their forecasts range from $21.00 to $26.00. On average, they anticipate Retail Opportunity Investments Corp.'s share price to reach $24.20 in the next year. 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. " (5/2/2017)
• 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)

Retail Opportunity Investments Corp. saw a decline in short interest during the month of May. As of May 31st, there was short interest totalling 5,621,964 shares, a decline of 25.4% from the May 15th total of 7,536,156 shares. Based on an average trading volume of 1,113,024 shares, the short-interest ratio is currently 5.1 days. Currently, 5.2% of the shares of the company are short sold.

Some companies that are related to Retail Opportunity Investments Corp. include Weingarten Realty Investors (WRI), CoreSite Realty Corporation (COR), Taubman Centers (TCO), DDR Corp. (DDR), Retail Properties of America (RPAI), Urban Edge Properties (UE), Tanger Factory Outlet Centers (SKT), Acadia Realty Trust (AKR), American Assets Trust (AAT), Four Corners Property Trust (FCPT), Kite Realty Group Trust (KRG), Washington Prime Group (WPG), Agree Realty Corporation (ADC), Saul Centers (BFS), Getty Realty Corporation (GTY), Pennsylvania Real Estate Investment Trust (PEI), Cedar Realty Trust (CDR) and Capital & Regional plc (CAL).

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 Vanguard Group Inc. (15.68%), BlackRock Inc. (15.46%), State Street Corp (3.73%), RidgeWorth Capital Management LLC (2.92%), Hermes Investment Management Ltd. (1.87%) and Bank of New York Mellon Corp (1.87%). 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 Neuberger Berman Group LLC, JPMorgan Chase & Co., Russell Investments Group Ltd., Credit Suisse AG, Adelante Capital Management LLC, Morgan Stanley, Copeland Capital Management LLC and Eagle Asset Management Inc.. View Insider Buying and Selling for Retail Opportunity Investments Corp..

Retail Opportunity Investments Corp.'s stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., RidgeWorth Capital Management LLC, Schroder Investment Management Group, Alliancebernstein L.P., Goldman Sachs Group Inc., AXA, State Street Corp and Teachers Advisors 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 $19.13.