Retail Opportunity Investments - ROIC Stock Forecast, Price & News

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. The consensus among Wall Street analysts is that investors should "hold" ROIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ROIC, but not buy additional shares or sell existing shares.
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5 brokerages have issued twelve-month target prices for Retail Opportunity Investments' shares. Their ROIC share price forecasts range from $15.00 to $19.00. On average, they anticipate the company's share price to reach $17.00 in the next year. This suggests a possible upside of 6.7% from the stock's current price.
View analysts price targets for ROIC or view top-rated stocks among Wall Street analysts.

Retail Opportunity Investments' stock was trading at $15.03 on January 1st, 2023. Since then, ROIC shares have increased by 6.0% and is now trading at $15.93.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our ROIC earnings forecast.

Retail Opportunity Investments will be holding an earnings conference call on Thursday, February 16th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) posted its quarterly earnings data on Tuesday, July, 26th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.26 by $0.17. Retail Opportunity Investments had a trailing twelve-month return on equity of 3.63% and a net margin of 16.42%. During the same quarter in the previous year, the company earned $0.25 EPS.

Retail Opportunity Investments declared a quarterly dividend on Tuesday, October 25th. Investors of record on Thursday, December 15th will be given a dividend of $0.15 per share on Thursday, December 29th. This represents a $0.60 annualized dividend and a yield of 3.77%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for ROIC.

Retail Opportunity Investments (NASDAQ:ROIC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.79%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ROIC will have a dividend payout ratio of 54.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ROIC.

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), Apollo Commercial Real Estate Finance (ARI) and Zoetis (ZTS).

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

Retail Opportunity Investments' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.94%), Lasalle Investment Management Securities LLC (0.84%), State of New Jersey Common Pension Fund D (0.76%), Phocas Financial Corp. (0.49%), Foundry Partners LLC (0.23%) and Allspring Global Investments Holdings LLC (0.21%). Insiders that own company stock include Eric S Zorn and Laura H Pomerantz.
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Shares of ROIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ROIC stock can currently be purchased for approximately $15.93.

Retail Opportunity Investments (NASDAQ:ROIC) has a market capitalization of $1.98 billion and generates $284.10 million in revenue each year. The real estate investment trust earns $53.51 million in net income (profit) each year or $0.40 on an earnings per share basis.

Retail Opportunity Investments' mailing address is 11250 EL CAMINO REAL SUITE 200, SAN DIEGO CA, 92130. The official website for the company is www.roireit.net. The real estate investment trust can be reached via phone at (858) 677-0900, via email at arubino@roireit.net, or via fax at 858-408-3668.