NASDAQ:ROICRetail Opportunity Investments Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Retail Opportunity Investments Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.43 +0.32 (+2.88 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$10.83Now: $11.43▼$11.4350-Day Range$10.06MA: $10.77▼$11.5552-Week Range$5.84Now: $11.43▼$19.18Volume857,952 shsAverage Volume1.35 million shsMarket Capitalization$1.35 billionP/E Ratio29.31Dividend Yield7.20%Beta1.27 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingRetail Opportunity Investments has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.00, Retail Opportunity Investments has a potential upside of 13.7% from its current price of $11.43.Amount of Analyst CoverageRetail Opportunity Investments has only been the subject of 4 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesRetail Opportunity Investments has received 311 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRetail Opportunity Investments has received 422 “underperform” votes. (Add your “underperform” vote.)Community SentimentRetail Opportunity Investments has received 57.57% “underperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend LeadershipRetail Opportunity Investments is a leading dividend payer. It pays a dividend yield of 7.20%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRetail Opportunity Investments has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Retail Opportunity Investments is 72.73%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Retail Opportunity Investments will have a dividend payout ratio of 79.21% in the coming year. This indicates that Retail Opportunity Investments may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Retail Opportunity Investments insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.50% of the stock of Retail Opportunity Investments is held by insiders.Percentage Held by Institutions91.11% of the stock of Retail Opportunity Investments is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Retail Opportunity Investments are expected to grow by 3.06% in the coming year, from $0.98 to $1.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Retail Opportunity Investments is 29.31, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Retail Opportunity Investments is 29.31, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.01.Price to Book Value per Share RatioRetail Opportunity Investments has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.1Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.03 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNASDAQ:ROIC Previous Symbol CUSIP76131N10 CIK1407623 Webwww.roireit.net Phone858-677-0900Debt Debt-to-Equity Ratio1.23 Current Ratio16.69 Quick Ratio16.69Price-To-Earnings Trailing P/E Ratio29.31 Forward P/E Ratio11.66 P/E GrowthN/A Sales & Book Value Annual Sales$295.04 million Price / Sales4.57 Cash Flow$1.25 per share Price / Cash Flow9.11 Book Value$10.74 per share Price / Book1.06Profitability EPS (Most Recent Fiscal Year)$1.10 Net Income$48.84 million Net Margins15.53% Return on Equity3.50% Return on Assets1.51%Miscellaneous Employees71 Outstanding Shares117,930,000Market Cap$1.35 billion Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $11.43 +0.32 (+2.88 %) (As of 08/7/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ROIC News and Ratings via Email Sign-up to receive the latest news and ratings for ROIC and its competitors with MarketBeat's FREE daily newsletter. 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ROIC shares have decreased by 15.2% and is now trading at $11.43. 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 Monday, October 26th 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 earnings results on Wednesday, July, 29th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.18. The real estate investment trust earned $66.55 million during the quarter, compared to analysts' expectations of $65.02 million. Retail Opportunity Investments had a return on equity of 3.50% and a net margin of 15.53%. 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 declared a quarterly dividend on Tuesday, February 18th. Shareholders 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 yield of 7.00%. The ex-dividend date is Friday, March 13th. This is an increase 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 equities research analysts have issued 1-year target prices for Retail Opportunity Investments' stock. Their forecasts range from $10.00 to $19.00. On average, they anticipate Retail Opportunity Investments' share price to reach $13.00 in the next year. This suggests a possible upside of 13.7% from the stock's current price. View analysts' price targets for Retail Opportunity Investments. Has Retail Opportunity Investments been receiving favorable news coverage? News headlines about ROIC stock have been trending very negative this week, InfoTrie reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Retail Opportunity Investments earned a coverage optimism score of -3.4 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Retail Opportunity Investments. Are investors shorting Retail Opportunity Investments? Retail Opportunity Investments saw a drop in short interest in July. As of July 31st, there was short interest totaling 3,470,000 shares, a drop of 23.4% from the July 15th total of 4,530,000 shares. Based on an average daily volume of 1,840,000 shares, the short-interest ratio is presently 1.9 days. Currently, 3.1% of the shares of the company are sold short. View Retail Opportunity Investments' Short Interest. Who are some of Retail Opportunity Investments' key competitors? Some companies that are related to Retail Opportunity Investments include Realty Income (O), Simon Property Group (SPG), Regency Centers (REG), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Agree Realty (ADC), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Retail Properties of America (RPAI), Alexander's (ALX), Getty Realty (GTY), Macerich (MAC), Acadia Realty Trust (AKR) and Kite Realty Group Trust (KRG). View all 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 variety of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (1.68%), Principal Financial Group Inc. (0.75%), ProShare Advisors LLC (0.52%), Foundry Partners LLC (0.44%), Swiss National Bank (0.22%) and Sumitomo Mitsui Trust Holdings Inc. (0.22%). 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 major investors are selling Retail Opportunity Investments stock? ROIC stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Russell Investments Group Ltd., Jennison Associates LLC, State Board of Administration of Florida Retirement System, First Trust Advisors LP, 6 Meridian, Raymond James Financial Services Advisors Inc., and Envestnet Asset Management Inc.. 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 major investors are buying Retail Opportunity Investments stock? ROIC stock was bought by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, Brasada Capital Management LP, Foundry Partners LLC, Dupont Capital Management Corp, Ziegler Capital Management LLC, Cox Capital Mgt LLC, Swiss National Bank, and New York State Common Retirement Fund. 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 $11.43. How big of a company is Retail Opportunity Investments? Retail Opportunity Investments has a market capitalization of $1.35 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 8/9/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
