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 June 30, 2018, ROIC owned 92 shopping centers encompassing approximately 10.6 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Current SymbolNASDAQ:ROIC
Previous Symbol
CUSIP76131N10
Phone858-677-0900
Debt
Debt-to-Equity Ratio1.10
Current Ratio1.58
Quick Ratio1.58
Price-To-Earnings
Trailing P/E Ratio15.44
Forward P/E Ratio15.57
P/E Growth2.76
Sales & Book Value
Annual Sales$273.26 million
Price / Sales7.40
Cash Flow$1.1466 per share
Price / Cash15.48
Book Value$11.63 per share
Price / Book1.53
Profitability
EPS (Most Recent Fiscal Year)$1.14
Net Income$38.47 million
Net Margins14.69%
Return on Equity3.26%
Return on Assets1.42%
Miscellaneous
Employees73
Outstanding Shares113,990,000
Market Cap$2.02 billion
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, October 24th. Investors of record on Friday, December 14th will be given a dividend of $0.195 per share on Friday, December 28th. This represents a $0.78 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date is Thursday, December 13th. 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 Tuesday, October, 23rd. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by $0.22. The real estate investment trust earned $73.90 million during the quarter, compared to analyst estimates of $73.15 million. Retail Opportunity Investments had a return on equity of 3.26% and a net margin of 14.69%. The business's revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.29 earnings per share. 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 updated its FY18 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share guidance of $1.13-1.15 for the period, compared to the Thomson Reuters consensus estimate of $1.16. Retail Opportunity Investments also updated its FY 2018 guidance to $1.13-1.15 EPS.
What price target have analysts set for ROIC?
7 equities research analysts have issued 12-month price objectives for Retail Opportunity Investments' shares. Their predictions range from $17.00 to $20.00. On average, they expect Retail Opportunity Investments' share price to reach $18.75 in the next year. This suggests a possible upside of 5.6% from the stock's current price. View Analyst Price Targets for Retail Opportunity Investments.
What is the consensus analysts' recommendation for Retail Opportunity Investments?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Retail Opportunity Investments in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Retail Opportunity Investments.
Has Retail Opportunity Investments been receiving favorable news coverage?
News stories about ROIC stock have trended neutral recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Retail Opportunity Investments earned a news impact score of 0.1 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.
Who are some of Retail Opportunity Investments' key competitors?
Some companies that are related to Retail Opportunity Investments include SL Green Realty (SLG), VICI Properties (VICI), National Retail Properties (NNN), Vereit (VER), Lamar Advertising (LAMR), Macerich (MAC), Gaming and Leisure Properties (GLPI), Apartment Investment and Management (AIV), Kilroy Realty (KRC), Omega Healthcare Investors (OHI), Kimco Realty (KIM), Liberty Property Trust (LPT), Store Capital (STOR), Douglas Emmett (DEI) and Starwood Property Trust (STWD).
Who are Retail Opportunity Investments' key executives?
Retail Opportunity Investments' management team includes the folowing people:
- Mr. Stuart A. Tanz, Pres, CEO & Director (Age 59)
- Mr. Michael B. Haines, Exec. VP, CFO, Treasurer & Sec. (Age 56)
- Mr. Richard K. Schoebel, Chief Operating Officer (Age 52)
- Ms. Laurie A. Sneve CPA, CAO, Sr. VP & Controller (Age 55)
- Ms. Ashley Rubino, Investor Relations Officer
Who are Retail Opportunity Investments' major shareholders?
Retail Opportunity Investments' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.95%), Ceredex Value Advisors LLC (2.45%), Jennison Associates LLC (1.70%), Teachers Advisors LLC (1.64%), Bank of New York Mellon Corp (1.57%) and Dimensional Fund Advisors LP (1.57%). 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 Ceredex Value Advisors LLC, First Foundation Advisors, Adelante Capital Management LLC, TIAA CREF Investment Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Credit Suisse AG and Copeland Capital Management LLC. View Insider Buying and Selling for Retail Opportunity Investments.
Which major investors are buying Retail Opportunity Investments stock?
ROIC stock was purchased by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC, BlackRock Inc., Crestline Management LP, Bank of New York Mellon Corp, Allianz Asset Management GmbH, Point72 Asset Management L.P., First Trust Advisors LP and Renaissance Technologies 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 $17.75.
How big of a company is Retail Opportunity Investments?
Retail Opportunity Investments has a market capitalization of $2.02 billion and generates $273.26 million in revenue each year. The real estate investment trust earns $38.47 million in net income (profit) each year or $1.14 on an earnings per share basis. Retail Opportunity Investments employs 73 workers across the globe.
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.
