NASDAQ:ROICRetail Opportunity Investments Stock Price, Forecast & News

Retail Opportunity Investments' stock was trading at $13.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ROIC stock has decreased by 48.1% and is now trading at $7.00. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Retail Opportunity Investments.

Retail Opportunity Investments is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Retail Opportunity Investments.

Retail Opportunity Investments will be holding an earnings conference call on Wednesday, April 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Retail Opportunity Investments Corp (NASDAQ:ROIC) issued its quarterly earnings results on Tuesday, February, 18th. The real estate investment trust reported $0.09 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.09. The real estate investment trust had revenue of $73.60 million for the quarter, compared to the consensus estimate of $74.43 million. Retail Opportunity Investments had a net margin of 16.56% and a return on equity of 3.80%. The firm's revenue was down 2.1% compared to the same quarter last year. During the same period last year, the company posted $0.29 earnings per share. View Retail Opportunity Investments' earnings history.

Retail Opportunity Investments announced a quarterly dividend on Tuesday, February 18th. Investors 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 dividend on an annualized basis and a yield of 11.43%. The ex-dividend date of this dividend is Friday, March 13th. This is a boost from Retail Opportunity Investments's previous quarterly dividend of $0.20. View Retail Opportunity Investments' dividend history.

Retail Opportunity Investments updated its FY20 earnings guidance on Tuesday, February, 18th. The company provided earnings per share guidance of $1.09-1.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.14.

7 Wall Street analysts have issued 12 month price targets for Retail Opportunity Investments' stock. Their forecasts range from $10.00 to $21.00. On average, they anticipate Retail Opportunity Investments' stock price to reach $16.33 in the next twelve months. This suggests a possible upside of 133.3% from the stock's current price. View analysts' price targets for Retail Opportunity Investments.

News coverage about ROIC stock has trended very negative this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Retail Opportunity Investments earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned press coverage 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 effect on the company's share price in the next several days. View the latest news aboutRetail Opportunity Investments.

Retail Opportunity Investments saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 3,948,400 shares, a decrease of 36.8% from the February 27th total of 6,250,000 shares. Based on an average daily volume of 1,614,000 shares, the short-interest ratio is presently 2.4 days. Approximately 3.5% of the shares of the stock are sold short. View Retail Opportunity Investments' Current Options Chain.

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), Acadia Realty Trust (AKR), Getty Realty (GTY), Macerich (MAC) and Saul Centers (BFS).

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), Express (EXPR) and Micron Technology (MU).

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

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.

One share of ROIC stock can currently be purchased for approximately $7.00.

Retail Opportunity Investments has a market capitalization of $817.60 million 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. View additional information about Retail Opportunity Investments.

The official website for Retail Opportunity Investments is http://www.roireit.net/.

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.