Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast. As of December 31, 2018, ROIC owned 91 shopping centers encompassing approximately 10.5 million square feet. ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast. ROIC is a member of the S&P SmallCap 600 Index and has investment-grade corporate debt ratings from Moody's Investor Services and Standard & Poor's.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Phone858-677-0900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$295.80 million
Profitability
Miscellaneous
Employees71
Next Earnings Date4/24/2019 (Confirmed)
OptionableOptionable
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 Tuesday, February 19th. Shareholders of record on Thursday, March 14th will be paid a dividend of $0.197 per share on Thursday, March 28th. This represents a $0.79 annualized dividend and a yield of 4.68%. The ex-dividend date of this dividend is Wednesday, March 13th. This is a boost from Retail Opportunity Investments's previous quarterly dividend of $0.20. View Retail Opportunity Investments' Dividend History.
How were Retail Opportunity Investments' earnings last quarter?
Retail Opportunity Investments Corp (NASDAQ:ROIC) announced its earnings results on Tuesday, February, 19th. The real estate investment trust reported $0.29 earnings per share for the quarter, meeting the consensus estimate of $0.29. The real estate investment trust had revenue of $75.20 million for the quarter, compared to analyst estimates of $74.43 million. Retail Opportunity Investments had a net margin of 14.45% and a return on equity of 3.25%. The business's revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 earnings per share. View Retail Opportunity Investments' Earnings History.
When is Retail Opportunity Investments' next earnings date?
How can I listen to Retail Opportunity Investments' earnings call?
Retail Opportunity Investments will be holding an earnings conference call on Thursday, April 25th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773128783.
What guidance has Retail Opportunity Investments issued on next quarter's earnings?
Retail Opportunity Investments issued an update on its FY19 earnings guidance on Tuesday, February, 19th. The company provided earnings per share (EPS) guidance of $1.11-1.15 for the period, compared to the Thomson Reuters consensus estimate of $1.18. Retail Opportunity Investments also updated its FY 2019 guidance to $1.11-1.15 EPS.
What price target have analysts set for ROIC?
5 analysts have issued 1 year target prices for Retail Opportunity Investments' stock. Their predictions range from $17.00 to $18.00. On average, they expect Retail Opportunity Investments' stock price to reach $17.6667 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price. View Analyst Price Targets for Retail Opportunity Investments.
What is the consensus analysts' recommendation for Retail Opportunity Investments?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last year. There are currently 1 sell rating and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Retail Opportunity Investments.
Has Retail Opportunity Investments been receiving favorable news coverage?
Media coverage about ROIC stock has trended somewhat negative on Monday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Retail Opportunity Investments earned a news impact score of -1.1 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of Retail Opportunity Investments' key competitors?
Some companies that are related to Retail Opportunity Investments include Kilroy Realty (KRC), Kimco Realty (KIM), Lamar Advertising (LAMR), SL Green Realty (SLG), Omega Healthcare Investors (OHI), Apartment Investment and Management (AIV), Liberty Property Trust (LPT), Store Capital (STOR), Medical Properties Trust (MPW), Douglas Emmett (DEI), New Residential Investment (NRZ), American Homes 4 Rent (AMH), American Campus Communities (ACC), Starwood Property Trust (STWD) and Macerich (MAC).
What other stocks do shareholders of Retail Opportunity Investments own?
Who are Retail Opportunity Investments' key executives?
Retail Opportunity Investments' management team includes the folowing people:
- Mr. Stuart A. Tanz, Pres, CEO & Director (Age 60)
- Mr. Michael B. Haines, Exec. VP, CFO, Treasurer & Sec. (Age 57)
- Mr. Richard K. Schoebel, Chief Operating Officer (Age 53)
- Ms. Laurie A. Sneve CPA, CAO, Sr. VP & Controller (Age 56)
- Ms. Ashley Rubino, Investor Relations Officer
Who are Retail Opportunity Investments' major shareholders?
Retail Opportunity Investments' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.46%), Northern Trust Corp (1.81%), Jennison Associates LLC (1.71%), Dimensional Fund Advisors LP (1.57%), Dimensional Fund Advisors LP (1.57%) and Bank of New York Mellon Corp (1.55%). View Institutional Ownership Trends for Retail Opportunity Investments.
Which major investors are selling Retail Opportunity Investments stock?
ROIC stock was sold by a variety of institutional investors in the last quarter, including Securian Asset Management Inc, Deprince Race & Zollo Inc., Two Sigma Investments LP, Comerica Bank, Chilton Capital Management LLC, SG Americas Securities LLC, Northern Trust Corp and First Foundation Advisors. View Insider Buying and Selling for Retail Opportunity Investments.
Which major investors are buying Retail Opportunity Investments stock?
ROIC stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Vision Capital Corp, BlackRock Inc., Crestline Management LP, D. E. Shaw & Co. Inc., Millennium Management LLC and Canada Pension Plan Investment Board. View Insider Buying and Selling for Retail Opportunity Investments.
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 $16.85.
How big of a company is Retail Opportunity Investments?
Retail Opportunity Investments has a market capitalization of $1.92 billion and generates $295.80 million in revenue each year. The real estate investment trust earns $42.73 million in net income (profit) each year or $1.14 on an earnings per share basis. Retail Opportunity Investments employs 71 workers across the globe.
What is Retail Opportunity Investments' official website?
How can I contact Retail Opportunity Investments?
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.
MarketBeat Community Rating for Retail Opportunity Investments (NASDAQ 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.
