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NASDAQ:ROICRetail Opportunity Investments Stock Price, Forecast & News

$9.39
-0.45 (-4.57 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$9.18
Now: $9.39
$9.68
50-Day Range
$7.61
MA: $8.86
$10.46
52-Week Range
$5.84
Now: $9.39
$19.18
Volume1.94 million shs
Average Volume2.09 million shs
Market Capitalization$1.09 billion
P/E Ratio22.36
Dividend Yield8.52%
Beta1.33
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 March 31, 2019, ROIC owned 90 shopping centers encompassing approximately 10.3 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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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.1Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.15 out of 5 stars


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$295.04 million
Cash Flow$1.22 per share
Book Value$10.82 per share

Profitability

Net Income$48.84 million

Miscellaneous

Employees71
Market Cap$1.09 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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Retail Opportunity Investments (NASDAQ:ROIC) Frequently Asked Questions

How has Retail Opportunity Investments' stock been impacted by COVID-19 (Coronavirus)?

Retail Opportunity Investments' stock was trading at $13.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ROIC stock has decreased by 30.3% and is now trading at $9.39. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Retail Opportunity Investments?

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

When is Retail Opportunity Investments' next earnings date?

Retail Opportunity Investments is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Retail Opportunity Investments.

How were Retail Opportunity Investments' earnings last quarter?

Retail Opportunity Investments Corp (NASDAQ:ROIC) posted its quarterly earnings results on Wednesday, April, 22nd. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.01. The real estate investment trust earned $74.87 million during the quarter, compared to analysts' expectations of $75.06 million. Retail Opportunity Investments had a return on equity of 3.72% and a net margin of 16.20%. View Retail Opportunity Investments' earnings history.

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 18th. Stockholders 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 dividend yield of 8.52%. 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.

What price target have analysts set for ROIC?

8 brokerages have issued 1-year price objectives for Retail Opportunity Investments' stock. Their forecasts range from $7.00 to $19.00. On average, they anticipate Retail Opportunity Investments' share price to reach $13.14 in the next year. This suggests a possible upside of 40.0% from the stock's current price. View analysts' price targets for Retail Opportunity Investments.

Has Retail Opportunity Investments been receiving favorable news coverage?

Media coverage about ROIC stock has been trending extremely negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Retail Opportunity Investments earned a daily sentiment score of -4.6 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutRetail Opportunity Investments.

Are investors shorting Retail Opportunity Investments?

Retail Opportunity Investments saw a decline in short interest in May. As of May 15th, there was short interest totaling 4,330,000 shares, a decline of 6.9% from the April 30th total of 4,650,000 shares. Based on an average daily trading volume, of 1,850,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 3.8% of the company's shares are sold short. View Retail Opportunity Investments' Current Options Chain.

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), Transocean (RIG), Aegean Marine Petroleum Network (ANW), Apollo Commercial Real Est. Finance (ARI) and Express (EXPR).

Who are Retail Opportunity Investments' key executives?

Retail Opportunity Investments' management team includes the following 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

What is Retail Opportunity Investments' stock symbol?

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

Who are Retail Opportunity Investments' major shareholders?

Retail Opportunity Investments' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.02%), Invesco Ltd. (9.44%), State Street Corp (5.41%), Centersquare Investment Management LLC (3.74%), Jennison Associates LLC (1.91%) and Geode Capital Management LLC (1.89%). Company insiders that own Retail Opportunity Investments stock include Eric S Zorn, Laura H Pomerantz, Michael B Haines, Richard A Baker and Richard K Schoebel. View institutional ownership trends for Retail Opportunity Investments.

Which institutional investors are selling Retail Opportunity Investments stock?

ROIC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Federated Hermes Inc., Deprince Race & Zollo Inc., Weiss Multi Strategy Advisers LLC, First Foundation Advisors, Balyasny Asset Management LLC, and Two Sigma Investments LP. 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 activity for Retail Opportunity Investments.

Which institutional investors are buying Retail Opportunity Investments stock?

ROIC stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Deutsche Bank AG, RBO & Co. LLC, State Street Corp, JPMorgan Chase & Co., Centersquare Investment Management LLC, Geode Capital Management LLC, and GSA Capital Partners LLP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Retail Opportunity Investments' stock price today?

One share of ROIC stock can currently be purchased for approximately $9.39.

How big of a company is Retail Opportunity Investments?

Retail Opportunity Investments has a market capitalization of $1.09 billion and generates $295.04 million in revenue each year. The real estate investment trust earns $48.84 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.

What is Retail Opportunity Investments' official website?

The official website for Retail Opportunity Investments is 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.

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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