Retail Opportunity Investments Corp. (ROIC)

Market Cap	1.68B
Revenue (ttm)	312.93M
Net Income (ttm)	51.87M
Shares Out	124.61M
EPS (ttm)	0.42
PE Ratio	31.95
Forward PE	n/a
Dividend	$0.58 (4.32%)
Ex-Dividend Date	Mar 16, 2023

Volume	380,613
Open	13.56
Previous Close	13.42
Day's Range	13.42 - 13.67
52-Week Range	12.43 - 20.00
Beta	1.39
Analysts	Buy
Price Target	16.49 (+22.92%)
Earnings Date	Apr 26, 2023

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, 2020, ROIC owned 88 shopping centers encompassing approximately 10.1 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 ...

• Industry: REIT - Retail
• Sector: Real Estate
• CEO: Mr. Stuart A. Tanz
• Employees: 68
• Stock Exchange: NASDAQ
• Ticker Symbol: ROIC

Financial Performance

In 2022, ROIC's revenue was $312.93 million, an increase of 10.15% compared to the previous year's $284.10 million. Earnings were $51.87 million, a decrease of -3.06%.

Analyst Forecast

According to 15 analysts, the average rating for ROIC stock is "Buy." The 12-month stock price forecast is $16.49, which is an increase of 22.92% from the latest price.

Price Target

$16.49

(22.92% upside)

Analyst Consensus: Buy