Retail Opportunity Investments - ROIC Stock Forecast, Price & News

5 Wall Street research 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 research 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 Wall Street research analysts have issued 1 year target prices for Retail Opportunity Investments' shares. Their ROIC share price forecasts range from $15.00 to $19.00. On average, they predict the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 29.7% from the stock's current price.
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Retail Opportunity Investments' stock was trading at $15.03 at the start of the year. Since then, ROIC stock has decreased by 12.8% and is now trading at $13.11.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our ROIC earnings forecast.

Retail Opportunity Investments will be holding an earnings conference call on Wednesday, April 26th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) released its quarterly earnings data on Thursday, February, 16th. The real estate investment trust reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.27 by $0.19. The real estate investment trust had revenue of $80.20 million for the quarter, compared to the consensus estimate of $78.15 million. Retail Opportunity Investments had a trailing twelve-month return on equity of 3.74% and a net margin of 16.58%. The company's quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.25 earnings per share.

Retail Opportunity Investments declared a quarterly dividend on Tuesday, February 14th. Stockholders of record on Friday, March 17th will be paid a dividend of $0.15 per share on Friday, April 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date is Thursday, March 16th.
Read our dividend analysis for ROIC.

ETFs with the largest weight of Retail Opportunity Investments (NASDAQ:ROIC) stock in their portfolio include U.S. Diversified Real Estate ETF (PPTY), Cambria Global Real Estate ETF (BLDG), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco Active U.S. Real Estate ETF (PSR), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV), iShares S&P Small-Cap 600 Value ETF (IJS) and SPDR S&P 600 Small CapValue ETF (SLYV).

Retail Opportunity Investments (NASDAQ:ROIC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.79%. ROIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 146.35%. 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 52.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ROIC.

Retail Opportunity Investments issued an update on its FY 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share (EPS) guidance of $1.05-$1.11 for the period, compared to the consensus estimate of $1.09. The company issued revenue guidance of -.

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 retail and institutional investors. Top institutional investors include Jennison Associates LLC (3.08%), Geode Capital Management LLC (2.12%), Cbre Investment Management Listed Real Assets LLC (1.65%), Charles Schwab Investment Management Inc. (1.50%), Aew Capital Management L P (1.42%) and Ranger Global Real Estate Advisors LLC (1.41%). 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 $13.11.

Retail Opportunity Investments (NASDAQ:ROIC) has a market capitalization of $1.63 billion and generates $312.93 million in revenue each year. The real estate investment trust earns $51.87 million in net income (profit) each year or $0.41 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.