About Retail Opportunity Investments (NASDAQ:ROIC)
Retail Opportunity Investments Corp. (ROIC) is a fully integrated, self-managed real estate investment trust (REIT). The Company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. Retail Opportunity Investments Partnership, LP is the operating partnership of the Company. The Operating Partnership holds substantially all the assets of the Company and directly or indirectly holds the ownership interests in the Company's real estate ventures. The Operating Partnership conducts the operations of the Company's business. As of September 30, 2017, the Company's portfolio consisted of 87 properties totaling approximately 10.0 million square feet of gross leasable area (GLA). As of September 30, 2017, the Company's portfolio was approximately 97.3% leased.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNASDAQ:ROIC
CUSIP76131N10
Phone858-677-0900
Debt
Debt-to-Equity Ratio1.12%
Current Ratio3.23%
Quick Ratio3.23%
Price-To-Earnings
Trailing P/E Ratio14.58
Forward P/E Ratio13.97
P/E Growth2.39
Sales & Book Value
Annual Sales$273.26 million
Price / Sales6.84
Cash Flow$1.1283 per share
Price / Cash14.73
Book Value$12.12 per share
Price / Book1.37
Profitability
EPS (Most Recent Fiscal Year)$1.14
Net Income$38.47 million
Net Margins14.08%
Return on Equity2.95%
Return on Assets1.34%
Miscellaneous
Employees73
Outstanding Shares112,540,000
Retail Opportunity Investments (NASDAQ:ROIC) Frequently Asked Questions
What is Retail Opportunity Investments' stock symbol?
Retail Opportunity Investments trades on the NASDAQ under the ticker symbol "ROIC."
How often does Retail Opportunity Investments pay dividends? What is the dividend yield for Retail Opportunity Investments?
Retail Opportunity Investments declared a quarterly dividend on Thursday, February 22nd. Stockholders of record on Thursday, March 15th will be given a dividend of $0.195 per share on Thursday, March 29th. This represents a $0.78 annualized dividend and a dividend yield of 4.69%. The ex-dividend date of this dividend is Wednesday, March 14th. This is an increase from Retail Opportunity Investments's previous quarterly dividend of $0.19. View Retail Opportunity Investments' Dividend History.
How were Retail Opportunity Investments' earnings last quarter?
Retail Opportunity Investments Corp (NASDAQ:ROIC) posted its earnings results on Wednesday, February, 21st. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.01. The real estate investment trust had revenue of $72.75 million for the quarter, compared to analysts' expectations of $71.07 million. Retail Opportunity Investments had a net margin of 14.08% and a return on equity of 2.95%. The firm's revenue was up 15.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.27 earnings per share. View Retail Opportunity Investments' Earnings History.
When is Retail Opportunity Investments' next earnings date?
What guidance has Retail Opportunity Investments issued on next quarter's earnings?
Retail Opportunity Investments updated its FY18 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of $1.16-1.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.20.
What price target have analysts set for ROIC?
9 analysts have issued 12 month price targets for Retail Opportunity Investments' stock. Their forecasts range from $17.00 to $26.00. On average, they anticipate Retail Opportunity Investments' stock price to reach $20.7857 in the next twelve months. View Analyst Ratings for Retail Opportunity Investments.
What are Wall Street analysts saying about Retail Opportunity Investments stock?
Here are some recent quotes from research analysts about Retail Opportunity Investments 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. " (1/10/2018)
- 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)
Who are some of Retail Opportunity Investments' key competitors?
Some companies that are related to Retail Opportunity Investments include HRPT Properties Trust (EQC), Senior Housing Properties Trust (SNH), CoreSite (COR), Gramercy Property Trust (GPT), Cousins Properties (CUZ), RLJ Lodging Trust (RLJ), First Industrial Realty Trust (FR), LaSalle Hotel Properties (LHO), Weingarten Realty (WRI), Taubman Centers (TCO), Healthcare Realty Trust (HR), Paramount Group (PGRE), Blackstone Mortgage Trust (BXMT), Chimera Investment (CIM), PS Business Parks (PSB), Sabra Health Care REIT (SBRA), Colony NorthStar (CLNS) and Uniti Group (UNIT).
Who are Retail Opportunity Investments' key executives?
Retail Opportunity Investments' management team includes the folowing people:
- Stuart A. Tanz, President, Chief Executive Officer, Director (Age 58)
- Michael B. Haines, Chief Financial Officer (Age 55)
- Richard K. Schoebel, Chief Operating Officer (Age 51)
- Richard A. Baker, Non-Executive Chairman of the Board (Age 51)
- Michael J. Indiveri CPA, Independent Director (Age 64)
- Edward H. Meyer, Independent Director (Age 90)
- Lee Stuart Neibart, Independent Director (Age 66)
- Charles J. Persico, Independent Director (Age 77)
Has Retail Opportunity Investments been receiving favorable news coverage?
Headlines about ROIC stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Retail Opportunity Investments earned a media sentiment score of 0.17 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 46.23 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
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, Scottrade, Fidelity and Charles Schwab.
What is Retail Opportunity Investments' stock price today?
One share of ROIC stock can currently be purchased for approximately $16.62.
How big of a company is Retail Opportunity Investments?
Retail Opportunity Investments has a market capitalization of $1.90 billion and generates $273.26 million in revenue each year. The real estate investment trust earns $38.47 million in net income (profit) each year or $1.14 on an earnings per share basis. Retail Opportunity Investments employs 73 workers across the globe.
How can I contact Retail Opportunity Investments?
Retail Opportunity Investments' mailing address is 8905 TOWNE CENTRE DRIVE SUITE 108, SAN DIEGO CA, 92122. The real estate investment trust can be reached via phone at 858-677-0900.
MarketBeat Community Rating for Retail Opportunity Investments (ROIC)
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.
Retail Opportunity Investments (NASDAQ:ROIC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Retail Opportunity Investments in the last 12 months. Their average twelve-month price target is $20.7857, suggesting that the stock has a possible upside of 25.06%. The high price target for ROIC is $26.00 and the low price target for ROIC is $17.00. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.44 | 2.44 | 2.43 | 2.43 |
| Ratings Breakdown: | 0 Sell Rating(s)
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $20.7857 | $20.9286 | $22.1667 | $22.3333 |
| Price Target Upside: | 25.06% upside | 21.25% upside | 21.73% upside | 19.37% upside |
Retail Opportunity Investments (NASDAQ:ROIC) Consensus Price Target History
Retail Opportunity Investments (NASDAQ:ROIC) Analyst Ratings History
Show:
(Data available from 4/22/2016 forward)
Retail Opportunity Investments (NASDAQ:ROIC) Dividend Information
Retail Opportunity Investments pays an annual dividend of $0.78 per share, with a dividend yield of 4.69%. ROIC's most recent quarterly dividend payment was Thursday, March 29. Retail Opportunity Investments pays out 68.42% of its earnings out as a dividend.
| Most Recent Dividend: | 3/29/2018 |
| Annual Dividend: | $0.78 |
| Dividend Yield: | 4.69% |
| Payout Ratio: | 68.42% (Trailing 12 Months of Earnings)
65.55% (Based on This Year's Estimates)
63.41% (Based on Next Year's Estimates)
|
Retail Opportunity Investments (NASDAQ:ROIC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/22/2018 | quarterly | $0.1950 | 4.42% | 3/14/2018 | 3/15/2018 | 3/29/2018 |
| 10/24/2017 | Quarterly | $0.1880 | 4.04% | 12/13/2017 | 12/14/2017 | 12/28/2017 |
| 8/1/2017 | Quarterly | $0.1880 | 3.71% | 9/13/2017 | 9/14/2017 | 9/28/2017 |
| 4/27/2017 | quarterly | $0.1875 | 3.57% | 6/13/2017 | 6/15/2017 | 6/29/2017 |
| 2/23/2017 | quarterly | $0.1875 | 3.39% | 3/14/2017 | 3/16/2017 | 3/30/2017 |
| 10/31/2016 | Quarterly | $0.18 | | 12/13/2016 | 12/15/2016 | 12/29/2016 |
| 8/4/2016 | Quarterly | $0.18 | | 9/13/2016 | 9/15/2016 | 9/29/2016 |
| 5/2/2016 | Quarterly | $0.18 | | 6/13/2016 | 6/15/2016 | 6/29/2016 |
| 3/1/2016 | Quarterly | $0.18 | | 3/14/2016 | 3/16/2016 | 3/30/2016 |
| 11/3/2015 | Quarterly | $0.17 | | 12/11/2015 | 12/15/2015 | 12/29/2015 |
| 7/29/2015 | | $0.17 | | 9/11/2015 | 9/15/2015 | 9/29/2015 |
| 4/30/2015 | quarterly | $0.17 | 4.05% | 6/12/2015 | 6/16/2015 | 6/30/2015 |
| 2/25/2015 | quarterly | $0.17 | 4% | 3/12/2015 | 3/16/2015 | 3/30/2015 |
| 10/30/2014 | quarterly | $0.16 | 4% | 12/11/2014 | 12/15/2014 | 12/29/2014 |
| 7/30/2014 | quarterly | $0.16 | 4.14% | 9/11/2014 | 9/15/2014 | 9/29/2014 |
| 4/30/2014 | quarterly | $0.16 | 4.14% | 6/11/2014 | 6/13/2014 | 6/27/2014 |
| 2/25/2014 | quarterly | $0.16 | 4.34% | 3/12/2014 | 3/14/2014 | 3/28/2014 |
| 10/31/2013 | quarterly | $0.15 | 4.06% | 12/12/2013 | 12/16/2013 | 12/30/2013 |
| 8/8/2013 | quarterly | $0.15 | 4.33% | 9/12/2013 | 9/16/2013 | 9/30/2013 |
| 5/2/2013 | quarterly | $0.15 | 3.81% | 6/12/2013 | 6/14/2013 | 6/28/2013 |
| 2/26/2013 | quarterly | $0.15 | 4.68% | 3/13/2013 | 3/15/2013 | 3/29/2013 |
(Data available from 1/1/2013 forward)
Retail Opportunity Investments (NASDAQ ROIC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 99.17%
Retail Opportunity Investments (NASDAQ ROIC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/27/2017 | Charles J Persico | Director | Sell | 5,000 | $22.25 | $111,250.00 | 19,863 |  |
| 8/25/2016 | Michael J Indiveri | Director | Buy | 2,900 | $22.33 | $64,757.00 | 45,139 | |
| 8/16/2016 | Michael J Indiveri | Director | Buy | 5,500 | $21.72 | $119,460.00 | 45,139 | |
| 5/29/2013 | Charles J Persico | Director | Sell | 10,000 | $14.04 | $140,400.00 | | |
| 5/7/2013 | Edward H Meyer | Director | Buy | 20,000 | $15.50 | $310,000.00 | | |
(Data available from 1/1/2013 forward)
Retail Opportunity Investments (NASDAQ ROIC) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Retail Opportunity Investments (ROIC) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - April 18 at 4:02 AM |
| Retail Opportunity Investments (ROIC) Downgraded to "Strong Sell" at BidaskClub
www.americanbankingnews.com - April 17 at 9:57 AM |
| Retail Opportunity Investments (ROIC) Stock Rating Reaffirmed by Jefferies Group
www.americanbankingnews.com - April 16 at 12:02 PM |
| Retail Opportunity Investments' (ROIC) "Hold" Rating Reaffirmed at Royal Bank of Canada
www.americanbankingnews.com - April 15 at 7:48 PM |
| Jefferies Group Reiterates $17.00 Price Target for Retail Opportunity Investments (ROIC)
www.americanbankingnews.com - April 13 at 6:39 PM |
| Capital One Financial Comments on Retail Opportunity Investments Corp's Q1 2019 Earnings (ROIC)
www.americanbankingnews.com - April 13 at 9:31 AM |
| Jefferies Group Weighs in on Retail Opportunity Investments Corp's FY2018 Earnings (ROIC)
www.americanbankingnews.com - April 13 at 9:17 AM |
 | Report: Developing Opportunities within Mazor Robotics, CenterState Bank, Student Transportation, Old Line Bancshares, Retail Opportunity Investments, and Booking — Future Expectations, Projections Moving into 2018
finance.yahoo.com - April 13 at 8:26 AM |
| Zacks: Brokerages Anticipate Retail Opportunity Investments Corp (ROIC) Will Announce Quarterly Sales of $72.81 Million
www.americanbankingnews.com - April 11 at 4:53 AM |
| Retail Opportunity Investments (ROIC) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - April 9 at 9:12 PM |
| Retail Opportunity Investments Corp (ROIC) Expected to Post Earnings of $0.29 Per Share
www.americanbankingnews.com - April 9 at 3:11 AM |
| Retail Opportunity Investments (ROIC) PT Set at $23.00 by FBR & Co
www.americanbankingnews.com - April 7 at 12:36 PM |
| Retail Opportunity Investments Corp (ROIC) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 4 at 5:34 PM |
| Retail Opportunity Investments (ROIC) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - March 29 at 1:58 PM |
| Equities Analysts Offer Predictions for Retail Opportunity Investments Corp's Q1 2018 Earnings (ROIC)
www.americanbankingnews.com - March 29 at 7:55 AM |
| Retail Opportunity Investments (ROIC) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - March 26 at 1:58 PM |
| Zacks: Brokerages Expect Retail Opportunity Investments Corp (ROIC) Will Post Quarterly Sales of $72.81 Million
www.americanbankingnews.com - March 25 at 8:26 AM |
| Retail Opportunity Investments' (ROIC) "Buy" Rating Reiterated at Robert W. Baird
www.americanbankingnews.com - March 24 at 12:28 AM |
| $0.29 Earnings Per Share Expected for Retail Opportunity Investments Corp (ROIC) This Quarter
www.americanbankingnews.com - March 23 at 3:22 AM |
| JPMorgan Chase & Co. Lowers Retail Opportunity Investments (ROIC) Price Target to $19.00
www.americanbankingnews.com - March 16 at 11:46 AM |
| Head-To-Head Contrast: Pennsylvania R.E.I.T. (PEI) and Retail Opportunity Investments (ROIC)
www.americanbankingnews.com - March 16 at 3:12 AM |
| Retail Opportunity Investments Corp (ROIC) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - March 10 at 7:48 PM |
| Retail Opportunity Investments Corp (ROIC) Expected to Post Quarterly Sales of $73.15 Million
www.americanbankingnews.com - March 7 at 2:26 AM |
| Retail Opportunity Investments Corp (ROIC) Holdings Increased by Chilton Capital Management LLC
www.americanbankingnews.com - March 6 at 5:32 AM |
| Retail Opportunity Investments Corp (ROIC) Expected to Announce Earnings of $0.29 Per Share
www.americanbankingnews.com - March 5 at 11:10 PM |
| Swiss National Bank Purchases 4,200 Shares of Retail Opportunity Investments Corp (ROIC)
www.americanbankingnews.com - March 5 at 4:03 PM |
| Retail Opportunity Investments Corp (ROIC) Position Reduced by Kennedy Capital Management Inc.
www.americanbankingnews.com - March 4 at 8:24 AM |
| BidaskClub Upgrades Retail Opportunity Investments (ROIC) to "Hold"
www.americanbankingnews.com - March 3 at 5:42 PM |
| Suntrust Banks Inc. Buys 7,074 Shares of Retail Opportunity Investments Corp (ROIC)
www.americanbankingnews.com - March 3 at 9:54 AM |
| Arizona State Retirement System Has $3.68 Million Position in Retail Opportunity Investments Corp (ROIC)
www.americanbankingnews.com - March 2 at 4:30 AM |
| Retail Opportunity Investments Corp (ROIC) Short Interest Update
www.americanbankingnews.com - March 2 at 1:32 AM |
| Citigroup Cuts Retail Opportunity Investments (ROIC) Price Target to $18.50
www.americanbankingnews.com - February 28 at 5:14 PM |
| Equities Analysts Offer Predictions for Retail Opportunity Investments Corp's Q2 2018 Earnings (ROIC)
www.americanbankingnews.com - February 28 at 9:02 AM |
| Jefferies Group Reiterates $18.00 Price Target for Retail Opportunity Investments (ROIC)
www.americanbankingnews.com - February 27 at 4:10 PM |
| Cbre Clarion Securities LLC Buys Shares of 1,048,611 Retail Opportunity Investments Corp (ROIC)
www.americanbankingnews.com - February 27 at 5:34 AM |
| Brokers Set Expectations for Retail Opportunity Investments Corp's Q1 2018 Earnings (ROIC)
www.americanbankingnews.com - February 26 at 2:04 AM |
| BidaskClub Upgrades Retail Opportunity Investments (ROIC) to Sell
www.americanbankingnews.com - February 25 at 4:18 PM |
| Employees Retirement System of Texas Grows Stake in Retail Opportunity Investments Corp (ROIC)
www.americanbankingnews.com - February 24 at 12:09 PM |
| Schroder Investment Management Group Has $26.60 Million Holdings in Retail Opportunity Investments Corp (ROIC)
www.americanbankingnews.com - February 24 at 9:56 AM |
 | Retail Opportunity Investments Corp. 2017 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 23 at 8:29 AM |
| Retail Opportunity Investments Ends the Year Strong
finance.yahoo.com - February 23 at 8:29 AM |
| Retail Opportunity Investments Corp (ROIC) Increases Dividend to $0.20 Per Share
www.americanbankingnews.com - February 22 at 5:46 PM |
| Retail Opportunity Investments (ROIC) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - February 21 at 9:30 PM |
| Retail Opportunity Investments (ROIC) Updates FY18 Earnings Guidance
www.americanbankingnews.com - February 21 at 6:08 PM |
| Retail Opportunity Investments beats by $0.01, beats on revenue
seekingalpha.com - February 21 at 5:33 PM |
 | Walmart has big year of e-commerce investments planned to bring growth back to 40 percent
www.cnbc.com - February 21 at 5:33 PM |
| Retail Opportunity Investments Corp. Reports 2017 Results
finance.yahoo.com - February 21 at 5:33 PM |
| February Insights Into Real Estate Stocks: Retail Opportunity Investments Corp (NASDAQ:ROIC)
finance.yahoo.com - February 21 at 8:45 AM |
| $71.01 Million in Sales Expected for Retail Opportunity Investments Corp (ROIC) This Quarter
www.americanbankingnews.com - February 19 at 5:46 AM |
| Zacks: Brokerages Expect Retail Opportunity Investments Corp (ROIC) to Announce $0.29 EPS
www.americanbankingnews.com - February 17 at 7:56 AM |
Retail Opportunity Investments (NASDAQ:ROIC) SEC Filings
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Retail Opportunity Investments (NASDAQ:ROIC) Income Statement, Balance Sheet and Cash Flow Statement
Retail Opportunity Investments (NASDAQ ROIC) Stock Chart for Sunday, April, 22, 2018
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