Retail Opportunity Investments Corp Company Profile (NASDAQ:ROIC)

About Retail Opportunity Investments Corp (NASDAQ:ROIC)

Retail Opportunity Investments Corp logoRetail 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 December 31, 2016, the Company's portfolio consisted of 82 properties (81 retail and one office) totaling approximately 9.4 million square feet of gross leasable area (GLA). As of December 31, 2016, the Company's portfolio was approximately 97.6% leased.

Industry, Sector and Symbol:
  • Sector: Financials
  • Industry: Retail REITs
  • Sub-Industry: Retail REITs
  • Symbol: NASDAQ:ROIC
  • CUSIP: 76131N10
  • Web: www.roireit.net
Capitalization:
  • Market Cap: $2.05853 billion
  • Outstanding Shares: 109,730,000
Average Prices:
  • 50 Day Moving Avg: $19.37
  • 200 Day Moving Avg: $19.98
  • 52 Week Range: $18.45 - $22.37
P/E:
  • Trailing P/E Ratio: 58.08
  • Foreward P/E Ratio: 15.50
  • P/E Growth: 6.81
Sales & Book Value:
  • Annual Revenue: $254.96 million
  • Price / Sales: 8.07
  • Book Value: $10.67 per share
  • Price / Book: 1.76
Dividend:
  • Annual Dividend: $0.75
  • Dividend Yield: 4.0%
Profitability:
  • EBITDA: $162.92 million
  • Net Margins: 13.80%
  • Return on Equity: 2.81%
  • Return on Assets: 1.32%
Debt:
  • Debt-to-Equity Ratio: 1.03%
  • Current Ratio: 2.41%
  • Quick Ratio: 2.41%
Misc:
  • Average Volume: 811,400 shs.
  • Beta: 0.68
  • Short Ratio: 6.89
 

Frequently Asked Questions for Retail Opportunity Investments Corp (NASDAQ:ROIC)

What is Retail Opportunity Investments Corp's stock symbol?

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

How often does Retail Opportunity Investments Corp pay dividends? What is the dividend yield for Retail Opportunity Investments Corp?

Retail Opportunity Investments Corp announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Thursday, September 14th will be paid a dividend of $0.188 per share on Thursday, September 28th. This represents a $0.75 annualized dividend and a yield of 4.01%. The ex-dividend date of this dividend is Wednesday, September 13th. This is a boost from Retail Opportunity Investments Corp's previous quarterly dividend of $0.19. View Retail Opportunity Investments Corp's Dividend History.

How were Retail Opportunity Investments Corp's earnings last quarter?

Retail Opportunity Investments Corp (NASDAQ:ROIC) released its earnings results on Wednesday, July, 26th. The company reported $0.27 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.01. The business had revenue of $66.64 million for the quarter, compared to analyst estimates of $66.18 million. Retail Opportunity Investments Corp had a return on equity of 2.81% and a net margin of 13.80%. The firm's revenue for the quarter was up 13.6% on a year-over-year basis. During the same period last year, the firm earned $0.27 earnings per share. View Retail Opportunity Investments Corp's Earnings History.

When will Retail Opportunity Investments Corp make its next earnings announcement?

Retail Opportunity Investments Corp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Retail Opportunity Investments Corp.

Where is Retail Opportunity Investments Corp's stock going? Where will Retail Opportunity Investments Corp's stock price be in 2017?

7 brokerages have issued 1 year price targets for Retail Opportunity Investments Corp's stock. Their predictions range from $19.00 to $26.00. On average, they anticipate Retail Opportunity Investments Corp's stock price to reach $22.33 in the next year. View Analyst Ratings for Retail Opportunity Investments Corp.

What are analysts saying about Retail Opportunity Investments Corp stock?

Here are some recent quotes from research analysts about Retail Opportunity Investments Corp 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. " (9/6/2017)
  • 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 Corp's key competitors?

Who are Retail Opportunity Investments Corp's key executives?

Retail Opportunity Investments Corp's management team includes the folowing people:

  • Stuart A. Tanz, President, Chief Executive Officer, Director
  • Michael B. Haines, Chief Financial Officer
  • Richard K. Schoebel, Chief Operating Officer
  • Richard A. Baker, Non-Executive Chairman of the Board
  • Michael J. Indiveri CPA, Independent Director
  • Edward H. Meyer, Independent Director
  • Lee Stuart Neibart, Independent Director
  • Charles J. Persico, Independent Director

Who owns Retail Opportunity Investments Corp stock?

Retail Opportunity Investments Corp's stock is owned by many different of retail and institutional investors. Top institutional investors include Hermes Investment Management Ltd. (1.83%) and Mutual of America Capital Management LLC (0.11%). Company insiders that own Retail Opportunity Investments Corp stock include Charles J Persico and Michael J Indiveri. View Institutional Ownership Trends for Retail Opportunity Investments Corp.

Who sold Retail Opportunity Investments Corp stock? Who is selling Retail Opportunity Investments Corp stock?

Retail Opportunity Investments Corp's stock was sold by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. View Insider Buying and Selling for Retail Opportunity Investments Corp.

Who bought Retail Opportunity Investments Corp stock? Who is buying Retail Opportunity Investments Corp stock?

Retail Opportunity Investments Corp's stock was acquired by a variety of institutional investors in the last quarter, including Hermes Investment Management Ltd.. View Insider Buying and Selling for Retail Opportunity Investments Corp.

How do I buy Retail Opportunity Investments Corp stock?

Shares of Retail Opportunity Investments Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Retail Opportunity Investments Corp's stock price today?

One share of Retail Opportunity Investments Corp stock can currently be purchased for approximately $18.76.


MarketBeat Community Rating for Retail Opportunity Investments Corp (NASDAQ ROIC)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  172 (Vote Outperform)
Underperform Votes:  169 (Vote Underperform)
Total Votes:  341
MarketBeat's community ratings are surveys of what our community members think about Retail Opportunity Investments Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Retail Opportunity Investments Corp (NASDAQ:ROIC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $22.33 (19.05% upside)
Consensus Price Target History for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Price Target History for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Analysts' Ratings History for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/11/2017FBR & CoSet Price TargetHold$23.00N/AView Rating Details
9/24/2017KeyCorpReiterated RatingHoldLowView Rating Details
9/15/2017Jefferies Group LLCDowngradeBuy -> Hold$25.00 -> $21.00MediumView Rating Details
8/24/2017Robert W. BairdReiterated RatingBuy$22.00LowView Rating Details
8/17/2017Royal Bank Of CanadaUpgradeSector Perform -> Outperform$23.00LowView Rating Details
7/10/2017Citigroup Inc.Reiterated RatingNeutral$21.00 -> $19.00LowView Rating Details
4/27/2017Canaccord GenuityReiterated RatingBuy$26.00MediumView Rating Details
8/25/2016BTIG ResearchInitiated CoverageBuy$25.00N/AView Rating Details
8/9/2016J P Morgan Chase & CoReiterated RatingHoldN/AView Rating Details
4/30/2016BMO Capital MarketsReiterated RatingBuyN/AView Rating Details
4/1/2016DA DavidsonInitiated CoverageBuy$23.00N/AView Rating Details
2/22/2016Capital One Financial CorporationInitiated CoverageOverweightN/AView Rating Details
12/10/2015Cowen and CompanyBoost Price TargetOutperform$20.50 -> $21.50N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Earnings by Quarter for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Earnings History by Quarter for Retail Opportunity Investments Corp (NASDAQ ROIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.10N/AView Earnings Details
7/26/2017Q2 2017$0.28$0.27$66.18 million$66.64 millionViewN/AView Earnings Details
4/26/2017Q1 2017$0.27$0.28$62.86 million$65.90 millionViewN/AView Earnings Details
2/22/2017Q4 2016$0.08$0.27$60.65 million$63.10 millionViewN/AView Earnings Details
10/25/2016Q3$0.26$0.26$59.71 million$59.40 millionViewN/AView Earnings Details
7/27/2016Q2$0.26$0.27$57.61 million$58.70 millionViewN/AView Earnings Details
4/27/2016Q116$0.25$0.27$52.83 million$56.10 millionViewN/AView Earnings Details
2/23/2016Q415$0.24$0.25$49.99 million$51.30 millionViewListenView Earnings Details
10/28/2015Q315$0.24$0.26$47.90 million$50.10 millionViewListenView Earnings Details
7/29/2015Q2$0.23$0.23$46.98 million$46.22 millionViewListenView Earnings Details
2/24/2015$0.21$0.21$40.31 million$41.74 millionViewListenView Earnings Details
10/29/2014$0.21$0.22$40.80 million$40.86 millionViewListenView Earnings Details
7/30/2014$0.04$0.07$37.71 million$36.92 millionViewN/AView Earnings Details
4/30/2014$0.08$0.04$34.33 million$36.35 millionViewN/AView Earnings Details
2/24/2014Q412$0.05$0.05$28.75 million$33.64 millionViewN/AView Earnings Details
10/31/2013$0.20$0.20ViewN/AView Earnings Details
11/1/2012Q312$0.01$0.05$20.28 million$18.89 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Retail Opportunity Investments Corp (NASDAQ:ROIC)
2017 EPS Consensus Estimate: $1.13
2018 EPS Consensus Estimate: $1.23
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.27$0.28$0.28
Q2 20175$0.27$0.29$0.28
Q3 20175$0.28$0.29$0.28
Q4 20175$0.29$0.30$0.29
Q1 20183$0.29$0.30$0.30
Q2 20183$0.30$0.31$0.30
Q3 20183$0.30$0.31$0.31
Q4 20183$0.31$0.33$0.32
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Most Recent Dividend:9/28/2017
Annual Dividend:$0.75
Dividend Yield:4.00%
Payout Ratio:227.28% (Trailing 12 Months of Earnings)
66.37% (Based on This Year's Estimates)
61.98% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Retail Opportunity Investments Corp (NASDAQ:ROIC)

Dividend History by Quarter for Retail Opportunity Investments Corp (NASDAQ ROIC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/1/2017Quarterly$0.193.71%9/13/20179/14/20179/28/2017
4/27/2017quarterly$0.193.57%6/13/20176/15/20176/29/2017
2/23/2017quarterly$0.193.39%3/14/20173/16/20173/30/2017
10/31/2016Quarterly$0.1812/13/201612/15/201612/29/2016
8/4/2016Quarterly$0.189/13/20169/15/20169/29/2016
5/2/2016Quarterly$0.186/13/20166/15/20166/29/2016
3/1/2016Quarterly$0.183/14/20163/16/20163/30/2016
11/3/2015Quarterly$0.1712/11/201512/15/201512/29/2015
7/29/2015$0.179/11/20159/15/20159/29/2015
4/30/2015quarterly$0.174.05%6/12/20156/16/20156/30/2015
2/25/2015quarterly$0.174%3/12/20153/16/20153/30/2015
10/30/2014quarterly$0.164%12/11/201412/15/201412/29/2014
7/30/2014quarterly$0.164.14%9/11/20149/15/20149/29/2014
4/30/2014quarterly$0.164.14%6/11/20146/13/20146/27/2014
2/25/2014quarterly$0.164.34%3/12/20143/14/20143/28/2014
10/31/2013quarterly$0.154.06%12/12/201312/16/201312/30/2013
8/8/2013quarterly$0.154.33%9/12/20139/16/20139/30/2013
5/2/2013quarterly$0.153.81%6/12/20136/14/20136/28/2013
2/26/2013quarterly$0.154.68%3/13/20133/15/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 94.92%
Insider Trades by Quarter for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Institutional Ownership by Quarter for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Insider Trades by Quarter for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/27/2017Charles J PersicoDirectorSell5,000$22.25$111,250.00View SEC Filing  
8/25/2016Michael J IndiveriDirectorBuy2,900$22.33$64,757.00View SEC Filing  
8/16/2016Michael J IndiveriDirectorBuy5,500$21.72$119,460.00View SEC Filing  
5/29/2013Charles J PersicoDirectorSell10,000$14.04$140,400.00View SEC Filing  
5/7/2013Edward H MeyerDirectorBuy20,000$15.50$310,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Retail Opportunity Investments Corp (NASDAQ:ROIC)
Latest Headlines for Retail Opportunity Investments Corp (NASDAQ:ROIC)
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Chart

Retail Opportunity Investments Corp (ROIC) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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