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Retail Opportunity Investments (ROIC)
NASDAQ:ROIC
RESEARCH TOOLSreports
Retail Opportunity Investments (ROIC) Stock Price & Analysis
148 Followers
ROIC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.74 - $14.67
Previous Close$12.52
Volume809.10K
Average Volume (3M)959.75K
Market Cap
$1.64B
Enterprise Value$2.86B
Total Cash (Recent Filing)$6.30M
Total Debt (Recent Filing)$1.10B
Price to Earnings (P/E)42.7
Beta1.16
Next Earnings
Jul 24, 2024EPS Estimate
$0.06Next Dividend Ex-Date
Jun 14, 2024Dividend Yield4.93%
Share Statistics
EPS (TTM)0.29
Shares Outstanding127,454,354
10 Day Avg. Volume802,674
30 Day Avg. Volume959,750
Standard Deviation0.10
R-Squared0.55
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.25
Price to Sales (P/S)4.87
Price to Cash Flow (P/CF)16.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.73
Enterprise Value/Gross Profit12.07
Enterprise Value/Ebitda15.41
Forecast
1Y Price Target
$13.63Price Target Upside8.87% Upside
Rating ConsensusHold
Number of Analyst Covering4
Retail Opportunity Investments News
Bulls Say, Bears Say
Bulls Say
EarningsNAREIT FFO was $0.28/sh, above consensus at $0.27.
Financial PerformanceBeat driven by easier expense comp & strong leasing activity with expectations of further pickup.
Revenue GrowthRental revenues grew driven by strong leasing spreads on new leases and renewals.
Bears Say
Debt Refinancing RisksROIC has 20% of total debt maturing in '24 with 17% of debt maturing in '25, indicating a higher refinancing risk.
Earnings And Growth ConcernsLower earnings visibility & growth profile vs. Strip peers.
Negative Impact From Tenant IssuesRite Aid will weigh on growth this year due to high-profile bankruptcies and an anchor move-out in January impacting near-term results.
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Ownership Overview
22.86% Insiders
25.78% Mutual Funds
49.25% Other Institutional Investors
2.11% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ROIC FAQ
What was Retail Opportunity Investments’s price range in the past 12 months?
Retail Opportunity Investments lowest stock price was $10.74 and its highest was $14.67 in the past 12 months.
What is Retail Opportunity Investments’s market cap?
Currently, no data Available
When is Retail Opportunity Investments’s upcoming earnings report date?
Retail Opportunity Investments’s upcoming earnings report date is Jul 24, 2024 which is in 53 days.
How were Retail Opportunity Investments’s earnings last quarter?
Retail Opportunity Investments released its earnings results on Apr 23, 2024. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.065 by $0.025.
Is Retail Opportunity Investments overvalued?
According to Wall Street analysts Retail Opportunity Investments’s price is currently Undervalued.
Does Retail Opportunity Investments pay dividends?
Retail Opportunity Investments pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 4.93%. See more information on Retail Opportunity Investments dividends here
What is Retail Opportunity Investments’s EPS estimate?
Retail Opportunity Investments’s EPS estimate is $0.06.
How many shares outstanding does Retail Opportunity Investments have?
Retail Opportunity Investments has 127,454,350 shares outstanding.
What happened to Retail Opportunity Investments’s price movement after its last earnings report?
Retail Opportunity Investments reported an EPS of $0.09 in its last earnings report, beating expectations of $0.065. Following the earnings report the stock price went down -1.038%.
Which hedge fund is a major shareholder of Retail Opportunity Investments?
Among the largest hedge funds holding Retail Opportunity Investments’s share is Davis Selected Advisers. It holds Retail Opportunity Investments’s shares valued at 7M.
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Retail Opportunity Investments Stock Smart Score
Underperform
1
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9
10
Analyst Consensus
Hold
Average Price Target:
$13.63 (8.87% Upside)
$13.63 (8.87% Upside)
Blogger Sentiment
Bullish
ROIC Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
5.15%
12-Months-Change
Fundamentals
Return on Equity
2.88%
Trailing 12-Months
Asset Growth
-1.16%
Trailing 12-Months
Company Description
Retail Opportunity Investments
Retail Opportunity Investments Corp. operates as a self-managed real estate investment trust. The company engages in the ownership, management, and redevelopment of retail real estate properties. It specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast. The company was founded on July 10, 2007 and is headquartered in San Diego, CA.
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ROIC Company Deck
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ROIC Earnings Call
Q1 2024
0:00 / 0:00
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ROIC Stock 12 Month Forecast
Average Price Target
$13.63
▲(8.87% Upside)
Technical Analysis
Best Analysts Covering ROIC
1 Year
1 Year Success Rate
9/16 ratings generated profit
1 Year Average Return
+2.48%
assigned a buy rating 3 months ago
Copying Wes Golladay's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of +2.48% per trade.
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