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Retail Opportunity Investments (ROIC)
NASDAQ:ROIC
RESEARCH TOOLSreports
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ROIC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.87 - $17.40
Previous Close$17.35
Volume1.47M
Average Volume (3M)1.72M
Market Cap
$2.33B
Enterprise Value$3.84B
Total Cash (Recent Filing)$2.11M
Total Debt (Recent Filing)$1.44B
Price to Earnings (P/E)37.9
Beta0.97
Next Earnings
Feb 25, 2025EPS Estimate
$0.06Next Dividend Ex-Date
Dec 20, 2024Dividend Yield3.46%
Share Statistics
EPS (TTM)0.46
Shares Outstanding128,648,870
10 Day Avg. Volume6,787,531
30 Day Avg. Volume1,721,096
Standard Deviation0.10
R-Squared0.52
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.72
Price to Sales (P/S)6.62
Price to Cash Flow (P/CF)9.90
P/FCF Ratio11.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.57
Enterprise Value/Gross Profit16.19
Enterprise Value/Ebitda15.98
Forecast
1Y Price Target
$16.25Price Target Upside-6.34% Downside
Rating ConsensusHold
Number of Analyst Covering8
Retail Opportunity Investments News
Bulls Say, Bears Say
Bulls Say
AcquisitionBlackstone Real Estate Partners X will acquire ROIC shares for $17.50 in cash, representing a 34% premium to the share price on the date news first surfaced regarding a potential sale.
Leasing And OccupancyLeasing activity for ROIC remains robust, with a leased rate increase to 97.1% and a strong pipeline of spaces signed but not yet occupied, indicating healthy future cash flows.
Market InterestIncreased demand for retail is driving noticeable institutional interest in open-air retail spaces, enhancing the value proposition for ROIC's high-quality, grocery-anchored shopping centers.
Bears Say
Debt And Financial Risk34% of ROIC’s debt is set to mature through year-end 2025, which is expected to lead to an increase in interest expense.
Earnings And Financial PerformanceThe company missed its third-quarter financial expectations, leading to a reduction in its projected funds from operations guidance.
Growth And Investment ActivityROIC is not as well positioned for external growth as its peers, with weaker expected growth not likely supplemented by accretive acquisition or development opportunities.
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Ownership Overview
3.13% Insiders
23.00% Mutual Funds
19.46% Other Institutional Investors
22.56% 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 $11.87 and its highest was $17.40 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 Feb 25, 2025 which is in 96 days.
How were Retail Opportunity Investments’s earnings last quarter?
Retail Opportunity Investments released its earnings results on Oct 22, 2024. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.068 by $0.182.
Is Retail Opportunity Investments overvalued?
According to Wall Street analysts Retail Opportunity Investments’s price is currently Overvalued.
Does Retail Opportunity Investments pay dividends?
Retail Opportunity Investments pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 3.46%. 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 127,787,930 shares outstanding.
What happened to Retail Opportunity Investments’s price movement after its last earnings report?
Retail Opportunity Investments reported an EPS of $0.25 in its last earnings report, beating expectations of $0.068. Following the earnings report the stock price went up 1.404%.
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 6M.
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Retail Opportunity Investments Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$16.25 (-6.34% Downside)
$16.25 (-6.34% Downside)
Blogger Sentiment
Bullish
ROIC Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 151.5K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.49%
12-Months-Change
Fundamentals
Return on Equity
4.50%
Trailing 12-Months
Asset Growth
-4.77%
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
Q3 2024
0:00 / 0:00
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ROIC Stock 12 Month Forecast
Average Price Target
$16.25
▼(-6.34% Downside)
Technical Analysis
Best Analysts Covering ROIC
1 Year
1 Year Success Rate
0/3 ratings generated profit
1 Year Average Return
-22.50%
assigned a sell rating 28 days ago
Copying Jeffrey Spector's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -22.50% per trade.
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