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.
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Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Phone858-677-0900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$295.80 million
Profitability
Miscellaneous
Employees71
Next Earnings Date10/22/2019 (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 Wednesday, July 24th. Investors of record on Thursday, September 12th will be paid a dividend of $0.197 per share on Thursday, September 26th. This represents a $0.79 annualized dividend and a yield of 4.43%. The ex-dividend date of this dividend is Wednesday, September 11th. View Retail Opportunity Investments' Dividend History.
How were Retail Opportunity Investments' earnings last quarter?
Retail Opportunity Investments Corp (NASDAQ:ROIC) announced its quarterly earnings data on Wednesday, July, 24th. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.02. The real estate investment trust earned $72.93 million during the quarter, compared to analysts' expectations of $73.49 million. Retail Opportunity Investments had a return on equity of 3.50% and a net margin of 15.28%. The company's revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 EPS. View Retail Opportunity Investments' Earnings History.
When is Retail Opportunity Investments' next earnings date?
What guidance has Retail Opportunity Investments issued on next quarter's earnings?
Retail Opportunity Investments issued an update on its FY19 earnings guidance on Wednesday, July, 24th. The company provided earnings per share guidance of $1.11-1.15 for the period, compared to the Thomson Reuters consensus estimate of $1.14.
What price target have analysts set for ROIC?
2 brokerages have issued 12-month price objectives for Retail Opportunity Investments' stock. Their forecasts range from $18.00 to $18.00. On average, they expect Retail Opportunity Investments' stock price to reach $18.00 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View Analyst Price Targets for Retail Opportunity Investments.
What is the consensus analysts' recommendation for Retail Opportunity Investments?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Retail Opportunity Investments.
Has Retail Opportunity Investments been receiving favorable news coverage?
News headlines about ROIC stock have trended somewhat positive this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Retail Opportunity Investments earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Retail Opportunity Investments.
Who are some of Retail Opportunity Investments' key competitors?
Some companies that are related to Retail Opportunity Investments include Gaming and Leisure Properties (GLPI), Kimco Realty (KIM), Kilroy Realty (KRC), CyrusOne (CONE), Liberty Property Trust (LPT), Lamar Advertising (LAMR), Apartment Investment and Management (AIV), American Homes 4 Rent (AMH), Douglas Emmett (DEI), AmeriCold Realty Trust (COLD), CubeSmart (CUBE), Starwood Property Trust (STWD), SL Green Realty (SLG), American Campus Communities (ACC) and New Residential Investment (NRZ).
What other stocks do shareholders of Retail Opportunity Investments own?
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 number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.83%), Vanguard Group Inc. (14.81%), Invesco Ltd. (10.44%), Centersquare Investment Management LLC (2.17%), Jennison Associates LLC (1.89%) and Jennison Associates LLC (1.89%). 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 BlackRock Inc., Invesco Ltd., Russell Investments Group Ltd., Citadel Advisors LLC, Vanguard Group Inc., Price T Rowe Associates Inc. MD, Wells Fargo & Company MN and Teachers Insurance & Annuity Association of America. 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 Morgan Stanley, Centersquare Investment Management LLC, Capital Growth Management LP, Carlson Capital L P, Renaissance Technologies LLC, Nuveen Asset Management LLC, Jennison Associates LLC and Jennison Associates 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 $17.79.
How big of a company is Retail Opportunity Investments?
Retail Opportunity Investments has a market capitalization of $2.03 billion and generates $295.80 million in revenue each year. The real estate investment trust earns $42.73 million in net income (profit) each year or $1.14 on an earnings per share basis. Retail Opportunity Investments employs 71 workers across the globe.View Additional Information About Retail Opportunity Investments.
What is Retail Opportunity Investments' official website?
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)
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.
