Retail Opportunity Investments Corp. (ROIC)
| Market Cap | 2.36B |
| Revenue (ttm) | 336.79M |
| Net Income (ttm) | 58.05M |
| Shares Out | 135.17M |
| EPS (ttm) | 0.46 |
| PE Ratio | 38.13 |
| Forward PE | 58.18 |
| Dividend | $0.60 (3.43%) |
| Ex-Dividend Date | Dec 20, 2024 |
| Volume | 4,300,723 |
| Open | 17.49 |
| Previous Close | 17.49 |
| Day's Range | 17.49 - 17.50 |
| 52-Week Range | 11.87 - 17.52 |
| Beta | 1.48 |
| Analysts | Hold |
| Price Target | 15.75 (-9.95%) |
| Earnings Date | Feb 25, 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 September 30, 2024, ROIC owned 93 shopping centers encompassing approximately 10.5 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 ... [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 Summary
According to 6 analysts, the average rating for ROIC stock is "Hold." The 12-month stock price target is $15.75, which is a decrease of -9.95% from the latest price.
News
Acushnet Holdings Set to Join S&P SmallCap 600
NEW YORK , Feb. 10, 2025 /PRNewswire/ -- Acushnet Holdings Corp. (NYSE: GOLF) will replace Retail Opportunity Investments Corp. (NASD: ROIC) in the S&P SmallCap 600 effective prior to the opening of t...
Retail Opportunity Investments Corp. Stockholders Approve Acquisition by Blackstone Real Estate
SAN DIEGO, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) (“ROIC” or the “Company”) today announced that, at the concluded special meeting of stockholders held e...
The State Of REITs: January 2025 Edition
The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperforme...
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...
Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2024 Distributions
SAN DIEGO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC), announced today the federal tax treatment of the 2024 distributions on its shares of common stock. The...
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...
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 ...