NASDAQ:ROIC - Retail Opportunity Investments Stock Price, Forecast & News

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

Retail Opportunity Investments declared a quarterly dividend on Tuesday, February 18th. Investors 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 yield of 4.71%. 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 Corp (NASDAQ:ROIC) announced its quarterly earnings data on Tuesday, February, 18th. The real estate investment trust reported $0.09 EPS for the quarter, hitting the Zacks' consensus estimate of $0.09. The real estate investment trust earned $73.60 million during the quarter, compared to analyst estimates of $74.43 million. Retail Opportunity Investments had a net margin of 16.56% and a return on equity of 3.80%. The company's quarterly revenue was down 2.1% on a year-over-year basis. During the same period last year, the business earned $0.29 EPS. View Retail Opportunity Investments' Earnings History.

Retail Opportunity Investments is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Retail Opportunity Investments.

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

4 brokers have issued twelve-month price targets for Retail Opportunity Investments' stock. Their forecasts range from $18.00 to $21.00. On average, they anticipate Retail Opportunity Investments' share price to reach $19.33 in the next year. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Retail Opportunity Investments.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Retail Opportunity Investments.

News headlines about ROIC stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of 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 0.5 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Retail Opportunity Investments.

Retail Opportunity Investments saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 6,660,000 shares, an increase of 25.9% from the December 31st total of 5,290,000 shares. Based on an average daily volume of 1,050,000 shares, the days-to-cover ratio is currently 6.3 days. Currently, 5.9% of the company's stock are sold short. View Retail Opportunity Investments' Current Options Chain.

Some companies that are related to Retail Opportunity Investments include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Weingarten Realty Investors (WRI), Macerich (MAC), Agree Realty (ADC), Taubman Centers (TCO), Retail Properties of America (RPAI), Acadia Realty Trust (AKR), Alexander's (ALX), Kite Realty Group Trust (KRG) and Getty Realty (GTY).

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 Apollo Commercial Real Est. Finance (ARI).

Retail Opportunity Investments' stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (5.02%), Jennison Associates LLC (1.88%), Geode Capital Management LLC (1.76%), Renaissance Technologies LLC (1.74%), Bank of New York Mellon Corp (1.67%) and Charles Schwab Investment Management Inc. (1.62%). Company insiders that own Retail Opportunity Investments stock include Charles J Persico, 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 State Street Corp, First Foundation Advisors, Cubist Systematic Strategies LLC, Victory Capital Management Inc., Arizona State Retirement System, Pinebridge Investments L.P., Public Sector Pension Investment Board and State of New Jersey Common Pension Fund D. 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 for Retail Opportunity Investments.

ROIC stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, Guggenheim Capital LLC, Great West Life Assurance Co. Can, Jennison Associates LLC, HGI Capital Management LLC, Janus Henderson Group PLC and Geode Capital Management LLC. View Insider Buying and Selling 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 $17.00.

Retail Opportunity Investments has a market capitalization of $1.97 billion and generates $295.04 million in revenue each year. The real estate investment trust earns $42.73 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.