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Retail Opportunity Investments (ROIC)
NASDAQ:ROIC
RESEARCH TOOLSreports
ROIC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$11.87 - $17.52
Previous CloseN/A
Volume161.45K
Average Volume (3M)1.54M
Market Cap
$2.25B
Enterprise Value$3.69B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)38.2
Beta0.98
Next Earnings
Feb 25, 2025EPS Estimate
0.06Last Dividend Ex-Date
Dec 20, 2024Dividend Yield3.43%
Share Statistics
EPS (TTM)0.46
Shares Outstanding115,996,000
10 Day Avg. Volume1,660,407
30 Day Avg. Volume1,540,186
Standard Deviation0.11
R-Squared0.53
Alpha-0.00779
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.68
Price to Cash Flow (P/CF)9.90
P/FCF Ratio11.90
Enterprise Value/Market Cap1.63
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit15.55
Enterprise Value/Ebitda14.93
Forecast
1Y Price Target
$17.50Price Target Upside0.06% Upside
Rating ConsensusHold
Number of Analyst Covering0
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Retail Opportunity Investments News
PremiumCompany Announcements
Blackstone Completes Acquisition of Retail Opportunity Investments
PremiumCompany Announcements
Blackstone Completes Acquisition of Retail Opportunity Investments
PremiumCompany Announcements
Retail Opportunity Investments Announces Merger and Leadership Changes
PremiumCompany Announcements
Retail Opportunity Investments Announces Major Merger and Restructuring
PremiumCompany Announcements
Retail Opportunity Investments to be Acquired by Blackstone
PremiumCompany Announcements
Retail Opportunity Investments Acquired by Blackstone for $4B---
Bulls Say, Bears Say
Bulls Say
AcquisitionBlackstone Real Estate Partners X will acquire ROIC shares for $17.50 in cash, offering a 34% premium to the initial potential sale announcement.
Institutional InterestIncreased demand for retail is evident with a noticeable rise in institutional interest in the open-air retail space.
Portfolio QualityROIC's portfolio of high-quality, grocery-anchored shopping centers generates steady and predictable cash flow.
Bears Say
Financial Performance3Q results missed expectations, and the full-year guidance has been trimmed, with both net operating income and interest expense being unfavorable to estimates.
Geographic And Economic RiskWest Coast geographic concentration poses economic risks, with higher leverage and a significant portion of debt maturing through early 2025.
Interest Rate SensitivityShares have traded below intrinsic value for a prolonged period due to the lack of earnings growth, as rising interest rates have posed a significant headwind.
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Ownership Overview
2.96% Insiders
22.79% Mutual Funds
8.94% Other Institutional Investors
33.09% 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 $17.52 in the past 12 months.
What is Retail Opportunity Investments’s market cap?
Retail Opportunity Investments’s market cap is $2.25B.
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 4 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 Undervalued.
Does Retail Opportunity Investments pay dividends?
Retail Opportunity Investments pays a Quarterly dividend of $0.6 which represents an annual dividend yield of 3.43%. 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 115,996,000 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 1.417%.
Which hedge fund is a major shareholder of Retail Opportunity Investments?
Currently, no hedge funds are holding shares in ROIC
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Retail Opportunity Investments Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$17.50 (0.06% Upside)
$17.50 (0.06% Upside)
Blogger Sentiment
Bullish
ROIC Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 265.1K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.26%
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
Earnings Call Sentiment|Neutral
The call presented a mix of strong leasing activity and successful property transactions, offset by challenges such as a decline in same-center NOI, higher interest expenses, and the upcoming need to refinance debt. Despite a solid operational performance, financial pressures and lowered guidance have created a cautious outlook.Read More>---
ROIC Stock 12 Month Forecast
Average Price Target
$17.50
▲(0.06% Upside)
Technical Analysis
Kimco Realty
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Regency Centers
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Federal Realty
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Brixmor Property
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Urban Edge Properties
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Best Analysts Covering ROIC
1 Year
1 Year Success Rate
0/4 ratings generated profit
1 Year Average Return
-19.15%
reiterated a sell rating 4 months 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 -19.15% per trade.
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