Retail Opportunity Investments Corp. (ROIC)
| Market Cap | 2.32B |
| Revenue (ttm) | 336.79M |
| Net Income (ttm) | 58.05M |
| Shares Out | 134.03M |
| EPS (ttm) | 0.46 |
| PE Ratio | 37.74 |
| Forward PE | 57.58 |
| Dividend | $0.60 (3.47%) |
| Ex-Dividend Date | Dec 20, 2024 |
| Volume | 2,869,337 |
| Open | 17.28 |
| Previous Close | 17.25 |
| Day's Range | 17.27 - 17.33 |
| 52-Week Range | 11.87 - 17.52 |
| Beta | 1.49 |
| Analysts | Hold |
| Price Target | 15.75 (-9.01%) |
| Earnings Date | Feb 12, 2025 |
About ROIC
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 December 31, 2023, ROIC owned 94 shopping centers encompassing approximately 10.6 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 S... [Read more]
Financial Performance
In 2023, ROIC's revenue was $327.73 million, an increase of 4.73% compared to the previous year's $312.93 million. Earnings were $34.08 million, a decrease of -33.82%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for ROIC stock is "Hold." The 12-month stock price forecast is $15.75, which is a decrease of -9.01% from the latest price.
News
12 REITs Poised For Potential Outperformance
As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpa...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Retail Opportunity Investments Corp.
NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Retail Opportunity Investments Corp. (NASDAQ: ROIC) and its board of directors concerni...
Sector Spotlight: Shopping Center REITs
Blackstone's acquisition of Retail Opportunity Investments Corp. highlights increased M&A activity in the retail real estate sector, raising speculation on future deals. Retail REITs have shown strong...
RETAIL OPPORTUNITY INVESTMENTS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Retail Opportunity Investments Corp. - ROIC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Retail Opportuni...
Blackstone Real Estate to take Retail Opportunity private in $4 bln deal
Blackstone Real Estate on Wednesday entered into an agreement to take Retail Opportunity Investments Corp private in an all-cash transaction valued at about $4 billion, including debt.
Blackstone Real Estate to Take Retail Opportunity Investments Private for $4 Billion
NEW YORK & SAN DIEGO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Retail Opportunity Investments Corp. (Nasdaq: ROIC) (“ROIC” or the “Company”) today announced that they have entered into a definitive ...
Exclusive: Blackstone in advanced talks to acquire shopping center owner Retail Opportunity, sources say
Blackstone is in advanced talks to acquire Retail Opportunity Investments Corp , which owns U.S. shopping centers, according to people familiar with the matter.
Retail Opportunity Investments Corp. (ROIC) Q3 2024 Earnings Call Transcript
Retail Opportunity Investments Corp. (NASDAQ:ROIC) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Lauren Silveira - Chief Accounting Officer Stuart Tanz - President...
Retail Opportunity Investments Corp. Reports 2024 Third Quarter Results
SAN DIEGO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and nine months ended September 30, 2024.
Retail Opportunity Investments: No Opportunity Right Now
ROIC's portfolio shows strong demand and high occupancy but the REIT has experienced a deceleration in growth and FFO declines. Despite a solid balance sheet and diversified tenant base, the stock's c...
Shopping Center REITs Are Hot: Pick A Winner
The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior gro...
6 Stocks I'm Buying Amid A Major Market Rotation
American consumers' savings and spending patterns, illustrated through charts, showing a shift towards credit card debt and rising delinquency rates. Market rotation towards the real estate sector, wi...
Retail Opportunity Investments Corp. (ROIC) Q2 2024 Earnings Call Transcript
Retail Opportunity Investments Corp. (NASDAQ:ROIC) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Lauren Silveira - Chief Accounting Officer Stuart Tanz - President an...
Retail Opportunity Investments Corp. Reports 2024 Second Quarter Results
SAN DIEGO, July 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and six months ended June 30, 2024.
Retail Opportunities Investment: Several Choices, All Of Them Good
With a target price of $15/share and a "BUY" rating, ROIC presents a solid opportunity for investors looking for long-term growth and stability in their portfolio. ROIC is a REIT with strong fundament...
Retail Opportunity Investments: A High-Single-Digit Return From A Defensive REIT
Retail Opportunity Investments operates grocery-anchored shopping centers with a focus on the West Coast. Q1 2024 occupancy was down 1.9% Y/Y to 96.4% but is expected to recover quickly. Net debt acco...
Retail Opportunity Investments Corp. (ROIC) Q1 2024 Earnings Call Transcript
Retail Opportunity Investments Corp. (ROIC) Q1 2024 Earnings Call Transcript
Retail Opportunity Investments Corp. Reports 2024 First Quarter Results
SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three months ended March 31, 2024.
8 Stocks I'm Buying The Second Week Of April
The US economy is experiencing conflicting trends, with job gains being driven by immigration while native-born Americans are leaving the workforce. The manufacturing sector may be experiencing a rebo...
Tales Of A Lazy Landlord
Being a landlord can be lucrative if done right, but can also lead to complications and financial strain if done wrong. It's important for landlords to treat tenants with respect, conduct background c...
Retail Opportunity Investments: M&A Is Likely
Retail Opportunity Investments is a West Coast-focused REIT with strong fundamentals and a portfolio of grocery-anchored shopping centers. The company's valuation has dropped, making it an attractive ...
Retail Opportunity Investments Corp. Schedules First Quarter Earnings Release and Conference Call
SAN DIEGO, March 11, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the first quarter ended March 31, 2024, after the mar...
Retail Opportunity Investments Q4: Great Time To Buy These Prime Assets
Retail Opportunity Investments Corp. is an undervalued shopping center REIT focused on the U.S. West Coast.
Retail Opportunity Investments Corp. (ROIC) Q4 2023 Earnings Call Transcript
Retail Opportunity Investments Corp. (ROIC) Q4 2023 Earnings Call Transcript
Retail Opportunity Investments Corp. Reports 2023 Results
SAN DIEGO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the year and three months ended December 31, 2023.