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

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$17.12 -0.13 (-0.75 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$17.25
Today's Range$17.06 - $17.41
52-Week Range$15.44 - $19.80
Volume1.11 million shs
Average Volume767,128 shs
Market Capitalization$1.95 billion
P/E Ratio15.02
Dividend Yield4.52%
Beta0.74
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 September 30, 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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Current SymbolNASDAQ:ROIC
CUSIP76131N10
Phone858-677-0900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$295.80 million
Cash Flow$1.2496 per share
Book Value$11.48 per share

Profitability

Net Income$38.47 million

Miscellaneous

Employees73
Market Cap$1.95 billion
Next Earnings Date4/24/2019 (Estimated)
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 announced a quarterly dividend on Tuesday, February 19th. Shareholders of record on Thursday, March 14th will be given a dividend of $0.197 per share on Thursday, March 28th. This represents a $0.79 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date of this dividend is Wednesday, March 13th. This is an increase 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) issued its quarterly earnings results on Tuesday, February, 19th. The real estate investment trust reported $0.29 EPS for the quarter, meeting analysts' consensus estimates of $0.29. The real estate investment trust earned $75.20 million during the quarter, compared to analysts' expectations of $74.43 million. Retail Opportunity Investments had a return on equity of 3.25% and a net margin of 14.45%. Retail Opportunity Investments's revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.30 EPS. View Retail Opportunity Investments' Earnings History.

When is Retail Opportunity Investments' next earnings date?

Retail Opportunity Investments is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Retail Opportunity Investments.

What guidance has Retail Opportunity Investments issued on next quarter's earnings?

Retail Opportunity Investments updated 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 earnings per share 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?

7 brokerages have issued 1-year price objectives for Retail Opportunity Investments' stock. Their forecasts range from $17.00 to $20.00. On average, they expect Retail Opportunity Investments' stock price to reach $18.4167 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for Retail Opportunity Investments.

What is the consensus analysts' recommendation for Retail Opportunity Investments?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating 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?

News headlines about ROIC stock have been trending positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Retail Opportunity Investments earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Retail Opportunity Investments' key competitors?

What other stocks do shareholders of Retail Opportunity Investments own?

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), Aegean Marine Petroleum Network (ANW), Transocean (RIG), Gran Tierra Energy (GTE) and Express (EXPR).

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 a variety of of institutional and retail 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%), Bank of New York Mellon Corp (1.55%) and Geode Capital Management LLC (1.41%). 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 acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Vision Capital Corp, BlackRock Inc., Crestline Management LP, D. E. Shaw & Co. Inc., Millennium Management LLC, Canada Pension Plan Investment Board and Copeland Capital Management LLC. 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 $17.12.

How big of a company is Retail Opportunity Investments?

Retail Opportunity Investments has a market capitalization of $1.95 billion and generates $295.80 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.

What is Retail Opportunity Investments' official website?

The official website for Retail Opportunity Investments is http://www.roireit.net.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  544
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.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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