Retail Opportunity Investments Corp. (ROIC)

NASDAQ: ROIC · IEX Real-Time Price · USD
12.79
+0.01 (0.08%)
Feb 27, 2024, 4:00 PM EST - Market closed
0.08%
Market Cap 1.62B
Revenue (ttm) 327.73M
Net Income (ttm) 34.53M
Shares Out 127.01M
EPS (ttm) 0.27
PE Ratio 47.37
Forward PE 46.44
Dividend $0.60 (4.69%)
Ex-Dividend Date Mar 14, 2024
Volume 1,845,005
Open 12.91
Previous Close 12.78
Day's Range 12.75 - 12.98
52-Week Range 10.99 - 15.17
Beta 1.46
Analysts Buy
Price Target 15.67 (+22.52%)
Earnings Date Feb 14, 2024

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]

Industry REIT - Retail
Sector Real Estate
CEO Stuart A. Tanz
Employees 71
Stock Exchange NASDAQ
Ticker Symbol ROIC
Full Company Profile

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 $34.53 million, a decrease of -33.42%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for ROIC stock is "Buy." The 12-month stock price forecast is $15.67, which is an increase of 22.52% from the latest price.

Price Target
$15.67
(22.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

13 days ago - GlobeNewsWire

Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2023 Distributions

SAN DIEGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC), announced today the federal tax treatment of the 2023 distributions on its shares of common stock. The...

6 weeks ago - GlobeNewsWire

Retail Opportunity Investments Corp. Schedules Fourth Quarter and Year-End Earnings Release and Conference Call

SAN DIEGO, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the fourth quarter and year ended December 31, 2023, a...

7 weeks ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2023 Third Quarter Results

SAN DIEGO, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and nine months ended September 30, 2023. ...

4 months ago - GlobeNewsWire

Retail Opportunity Investments Corp. Prices Offering of Senior Unsecured Notes

SAN DIEGO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that its operating partnership, Retail Opportunity Investments Partnership, LP (the “Op...

5 months ago - GlobeNewsWire

Retail Opportunity Investments Corp. Schedules Third Quarter Earnings Release and Conference Call

SAN DIEGO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the third quarter ended September 30, 2023, after the...

6 months ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2023 Second Quarter Results

SAN DIEGO, July 25, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and six months ended June 30, 2023.

7 months ago - GlobeNewsWire

Retail Opportunity Investments Corp. Issues Annual Environmental, Social & Governance Report

SAN DIEGO, June 28, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today the release of its annual Environmental, Social and Governance (ESG) report, detailing t...

8 months ago - GlobeNewsWire

Retail Opportunity Investments Corp. Schedules Second Quarter Earnings Release and Conference Call

SAN DIEGO, June 12, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the second quarter ended June 30, 2023, after the mark...

9 months ago - GlobeNewsWire

Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.

Investors have good reason to be concerned about the real-estate market. It has been obvious for decades that the U.S. has too many retail properties, and now, changing work habits promise to put down...

9 months ago - Market Watch

Retail Opportunity Investments Corp. Reports 2023 First Quarter Results

SAN DIEGO, April 25, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three months ended March 31, 2023.

11 months ago - GlobeNewsWire

Retail Opportunity Investments Corp. Schedules First Quarter Earnings Release and Conference Call

SAN DIEGO, March 09, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the first quarter ended March 31, 2023, after the mar...

1 year ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2022 Results

SAN DIEGO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the year and three months ended December 31, 2022.

1 year ago - GlobeNewsWire

Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2022 Distributions

SAN DIEGO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC), announced today the federal tax treatment of the 2022 distributions on its shares of common stock. The...

1 year ago - GlobeNewsWire

Retail Opportunity Investments Corp. Schedules Fourth Quarter and Year-End 2022 Earnings Release and Conference Call

SAN DIEGO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the fourth quarter and year ended December 31, 2022, a...

1 year ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2022 Third Quarter Results

SAN DIEGO, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and nine months ended September 30, 2022.

1 year ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2022 Second Quarter Results

SAN DIEGO, July 26, 2022 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and six months ended June 30, 2022.

1 year ago - GlobeNewsWire

Retail Opportunity Investments Corp. Issues Annual Environmental, Social and Governance Report

SAN DIEGO, July 25, 2022 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today the release of its annual Environmental, Social and Governance (ESG) report, detailing t...

1 year ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2022 First Quarter Results

SAN DIEGO, April 25, 2022 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three months ended March 31, 2022.

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2021 Results

SAN DIEGO, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the year and three months ended December 31, 2021.

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2021 Distributions

SAN DIEGO, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC), announced today the federal tax treatment of the 2021 distributions on its shares of common stock. The...

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Announces Changes to Board of Directors and Corporate Governance Enhancements

SAN DIEGO, Dec. 15, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that it has concluded the Board refreshment and governance rev...

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Declares Special Cash Dividend of $0.07 Per Share

SAN DIEGO, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that its Board of Directors declared a special cash dividend of $0.07 per share payable ...

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports Third Quarter 2021 Results

SAN DIEGO, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and nine months ended September 30, 2021.

2 years ago - GlobeNewsWire

CORRECTION -- Retail Opportunity Investments Corp. Reports Second Quarter 2021 Results

SAN DIEGO, July 28, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today, please note that the time of the conference call on Thursday, July 29 has been corrected to 12:0...

2 years ago - GlobeNewsWire