NASDAQ:ROICRetail Opportunity Investments Stock Price, Forecast & News

Retail Opportunity Investments' stock was trading at $13.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ROIC stock has decreased by 30.3% and is now trading at $9.39. View which stocks have been most impacted by Coronavirus.

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.

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.

Retail Opportunity Investments Corp (NASDAQ:ROIC) posted its quarterly earnings results on Wednesday, April, 22nd. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.01. The real estate investment trust earned $74.87 million during the quarter, compared to analysts' expectations 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.

Retail Opportunity Investments announced a quarterly dividend on Tuesday, February 18th. Stockholders of record on Monday, March 16th will be paid a dividend of $0.20 per share on Monday, March 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 8.52%. 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.

8 brokerages have issued 1-year price objectives for Retail Opportunity Investments' stock. Their forecasts range from $7.00 to $19.00. On average, they anticipate Retail Opportunity Investments' share price to reach $13.14 in the next year. This suggests a possible upside of 40.0% from the stock's current price. View analysts' price targets for Retail Opportunity Investments.

Media coverage about ROIC stock has been trending extremely negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media 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 five, with scores closest to five being the most favorable. Retail Opportunity Investments earned a daily sentiment score of -4.6 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutRetail Opportunity Investments.

Retail Opportunity Investments saw a decline in short interest in May. As of May 15th, there was short interest totaling 4,330,000 shares, a decline of 6.9% from the April 30th total of 4,650,000 shares. Based on an average daily trading volume, of 1,850,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 3.8% of the company's shares 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), Getty Realty (GTY), Acadia Realty Trust (AKR), Macerich (MAC) and Kite Realty Group Trust (KRG). View all competitors.

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).

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

Retail Opportunity Investments' stock is owned by a number of institutional and retail investors. Top institutional investors 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.

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.

ROIC stock was acquired 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.

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 $9.39.

Retail Opportunity Investments has a market capitalization of $1.09 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.

The official website for Retail Opportunity Investments is 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.