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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$11.80 - $17.17
Previous Close$16.59
Volume35.08M
Average Volume (3M)816.95K
Market Cap
$2.27B
Enterprise Value$3.78B
Total Cash (Recent Filing)$2.11M
Total Debt (Recent Filing)$1.44B
Price to Earnings (P/E)36.7
Beta0.88
Next Earnings
Feb 25, 2025EPS Estimate
$0.06Next Dividend Ex-Date
Dec 20, 2024Dividend Yield3.57%
Share Statistics
EPS (TTM)0.46
Shares Outstanding128,648,870
10 Day Avg. Volume4,293,408
30 Day Avg. Volume816,953
Standard Deviation0.10
R-Squared0.52
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.72
Price to Sales (P/S)6.34
Price to Cash Flow (P/CF)9.40
P/FCF Ratio11.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.40
Enterprise Value/Gross Profit15.94
Enterprise Value/Ebitda17.84
Forecast
1Y Price Target
$16.00Price Target Upside-7.78% Downside
Rating ConsensusHold
Number of Analyst Covering8
Retail Opportunity Investments News
Bulls Say, Bears Say
Bulls Say
Acquisition PremiumThe acquisition of ROIC by Blackstone Real Estate Partners X represents a 34% premium to ROIC’s share price when the sale news emerged, indicating strong shareholder value.
Leasing ActivityLeasing activity remains robust, with a growing pipeline of signed but not yet occupied spaces and stable leasing spreads, showcasing potential for future revenue growth.
Portfolio QualityROIC’s portfolio of smaller-format, grocery-anchored shopping centers in California and the Pacific Northwest is known for generating steady, predictable cash flow, highlighting the company's solid performance.
Bears Say
Debt And Leverage34% of ROIC’s debt is set to mature through year-end 2025, which is expected to lead to an increase in interest expense.
Financial PerformanceThe company missed its third-quarter financial expectations, leading to a reduction in its projected funds from operations guidance.
Growth And InvestmentThe company could meaningfully increase investment activity, but they are currently capital constrained.
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Ownership Overview
3.11% Insiders
22.85% Mutual Funds
2.15% Other Institutional Investors
40.68% 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 $11.80 and its highest was $17.17 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 110 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 3.57%. 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 128,648,860 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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10
Analyst Consensus
Hold
Average Price Target:
$16.00 (-7.78% Downside)
$16.00 (-7.78% Downside)
Blogger Sentiment
Bullish
ROIC Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 151.5K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
44.22%
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
$16.00
▼(-7.78% Downside)
Technical Analysis
Best Analysts Covering ROIC
1 Year
1 Year Success Rate
0/3 ratings generated profit
1 Year Average Return
-19.87%
assigned a sell rating 15 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 -19.87% per trade.
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