Retail Opportunity Investments Corp. Company Profile (NASDAQ:ROIC)

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

Retail Opportunity Investments Corp. declared a quarterly dividend on Thursday, April 27th. Shareholders of record on Thursday, June 15th will be given a dividend of $0.1875 per share on Thursday, June 29th. This represents a $0.75 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date of this dividend is Tuesday, June 13th. View Retail Opportunity Investments Corp.'s Dividend History.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) released its quarterly earnings data on Tuesday, October, 25th. The company reported $0.26 earnings per share for the quarter, meeting the consensus estimate of $0.26. The company had revenue of $59.40 million for the quarter, compared to analyst estimates of $59.71 million. Retail Opportunity Investments Corp. had a return on equity of 2.71% and a net margin of 14.13%. The business's quarterly revenue was up 18.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.26 earnings per share. View Retail Opportunity Investments Corp.'s Earnings History.

6 brokerages have issued 12-month target prices for Retail Opportunity Investments Corp.'s stock. Their predictions range from $19.00 to $26.00. On average, they expect Retail Opportunity Investments Corp.'s share price to reach $23.60 in the next twelve months. View Analyst Ratings for Retail Opportunity Investments Corp..

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. " (7/20/2017)
• 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)

Some companies that are related to Retail Opportunity Investments Corp. include Weingarten Realty Investors (WRI), Taubman Centers (TCO), CoreSite Realty Corporation (COR), DDR Corp. (DDR), Retail Properties of America (RPAI), Urban Edge Properties (UE), Tanger Factory Outlet Centers (SKT), Acadia Realty Trust (AKR), American Assets Trust (AAT), Washington Prime Group (WPG), Kite Realty Group Trust (KRG), Four Corners Property Trust (FCPT), Agree Realty Corporation (ADC), Saul Centers (BFS), Ramco-Gershenson Properties Trust (RPT), Getty Realty Corporation (GTY), Pennsylvania Real Estate Investment Trust (PEI) and Cedar Realty Trust (CDR).

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

Retail Opportunity Investments Corp.'s stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hermes Investment Management Ltd. (0.00%), Russell Investments Group Ltd. (0.93%), Copeland Capital Management LLC (0.00%), Fenimore Asset Management Inc. (0.00%), Manning & Napier Advisors LLC (0.00%) and State of Alaska Department of Revenue (0.00%). 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..

Retail Opportunity Investments Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Hermes Investment Management Ltd., Fenimore Asset Management Inc., Aperio Group LLC, Manning & Napier Advisors LLC, Capstone Asset Management Co. and Trust Co. of Vermont. View Insider Buying and Selling for Retail Opportunity Investments Corp..

Retail Opportunity Investments Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Copeland Capital Management LLC, State of Alaska Department of Revenue, Bank of Montreal Can, Kissinger Financial Services LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Retail Opportunity Investments Corp..

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.

One share of Retail Opportunity Investments Corp. stock can currently be purchased for approximately $20.40.