Retail Opportunity Investments Corp. (ROIC)
Stock Price:
$11.91 USD
0.48 (4.16%)
Updated Aug 10, 2020 11:31 AM EDT - Market open
Key Info
| Market Cap |
2.92B |
| Revenue (ttm) |
287.48M |
| Net Income (ttm) |
44.66M |
| Shares Out |
117.93M |
| EPS (ttm) |
0.38 |
| PE Ratio |
31.33 |
| Forward PE |
n/a |
| Dividend |
$0.80 |
| Dividend Yield |
6.72% |
Stock Quote
| Trading Day |
Aug 10, 2020 |
| Last Price |
$11.91 |
| Previous Close |
$11.43 |
| Change ($) |
0.48 |
| Change (%) |
4.16% |
| Day's Open |
11.49 |
| Day's Range |
11.02 - 11.92 |
| Day's Volume |
471,031 |
| 52-Week Range |
5.84 - 19.18 |
More Stats
| Market Cap |
2.92B |
| Enterprise Value |
4.32B |
| Earnings Date (est) |
Oct 28, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
117.93M |
| Float |
114.87M |
| EPS (basic) |
0.38 |
| EPS (diluted) |
0.38 |
| FCF / Share |
0.98 |
| Dividend |
$0.80 |
| Dividend Yield |
6.72% |
| Earnings Yield |
3.19% |
| FCF Yield |
3.90% |
| Payout Ratio |
156.30% |
| Shares Short |
4.53M |
| Short Ratio |
2.28 |
| Short % of Float |
4.49% |
| Beta |
1.29 |
| PE Ratio |
31.33 |
| Forward PE |
n/a |
| P/FCF Ratio |
25.63 |
| PS Ratio |
10.15 |
| PB Ratio |
1.12 |
| Revenue |
287.48M |
| Operating Income |
98.95M |
| Net Income |
44.66M |
| Free Cash Flow |
113.80M |
| Net Cash |
-1.41B |
| Net Cash / Share |
-5.74 |
| Gross Margin |
76.18% |
| Operating Margin |
34.42% |
| Profit Margin |
15.50% |
| FCF Margin |
39.58% |
| ROA |
2.06% |
| ROE |
3.85% |
| ROIC |
2.40% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (13)
| Buy |
3 |
| Overweight |
2 |
| Hold |
6 |
| Underweight |
1 |
| Sell |
1 |
Analyst Consensus: Overweight
Price Target
$12.08*
(1.47% upside)
Low
9.00
Current: $11.91
High
15.00
Target: 12.08
*Average 12-month price target from 13 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 295 | 296 | 273 | 237 | 193 | 156 | 111 | 75.10 | 51.74 | 16.33 |
| Revenue Growth | -0.26% | 8.25% | 15.21% | 23.09% | 23.63% | 40.13% | 48.12% | 45.15% | 216.84% | - |
| Gross Profit | 219 | 220 | 204 | 180 | 145 | 115 | 80.24 | 55.03 | 38.31 | 11.78 |
| Operating Income | 102 | 103 | 93.67 | 77.17 | 59.34 | 43.77 | 27.78 | 11.55 | 4.95 | -5.31 |
| Net Income | 48.84 | 42.74 | 38.48 | 32.75 | 23.86 | 20.30 | 33.81 | 7.89 | 9.66 | -0.40 |
| Shares Outstanding | 116 | 114 | 110 | 109 | 99.49 | 92.97 | 72.06 | 52.92 | 42.15 | 41.58 |
| Earnings Per Share | 0.42 | 0.38 | 0.35 | 0.31 | 0.25 | 0.24 | 0.48 | 0.15 | 0.23 | -0.01 |
| EPS Growth | 10.53% | 8.57% | 12.9% | 24% | 4.17% | -50% | 220% | -34.78% | - | - |
| Dividend Per Share | 0.79 | 0.78 | 0.75 | 0.72 | 0.68 | 0.64 | 0.60 | 0.53 | 0.39 | 0.18 |
| Dividend Growth | 1.03% | 3.86% | 4.31% | 5.88% | 6.25% | 6.67% | 13.21% | 35.9% | 116.67% | - |
| Operating Cash Flow | 132 | 131 | 129 | 115 | 86.92 | 65.21 | 37.75 | 24.72 | 17.29 | 2.31 |
| Capital Expenditures | 12.15 | -56.06 | -318 | -325 | -337 | -400 | -302 | -269 | -215 | -214 |
| Free Cash Flow | 144 | 74.86 | -189 | -211 | -250 | -335 | -264 | -245 | -198 | -211 |
| Cash & Equivalents | 5.46 | 7.45 | 17.47 | 13.25 | 9.57 | 15.79 | 9.99 | 8.39 | 36.05 | 89.07 |
| Total Debt | 1,409 | 1,483 | 1,487 | 1,156 | 982 | 743 | 622 | 392 | 170 | 42.42 |
| Net Cash / Debt | -1,404 | -1,475 | -1,470 | -1,143 | -973 | -728 | -612 | -383 | -134 | 46.66 |
| Assets | 2,914 | 3,003 | 3,039 | 2,663 | 2,301 | 1,852 | 1,439 | 951 | 694 | 464 |
| Liabilities | 1,622 | 1,695 | 1,710 | 1,347 | 1,136 | 889 | 734 | 484 | 244 | 73.67 |
| Book Value | 1,179 | 1,188 | 1,204 | 1,188 | 1,037 | 924 | 676 | 467 | 450 | 391 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Retail Opportunity Investments Corp. |
| Country |
United States |
| Employees |
73 |
| CEO |
Stuart A. Tanz |
Stock Information
| Ticker Symbol |
ROIC |
| Stock Exchange |
NASDAQ |
| Sector |
Real Estate |
| Industry |
REIT—Retail |
| Unique Identifier |
NASDAQ: ROIC |
Description
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 June 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 SmallCap 600 Index and has investment-grade corporate debt ratings from Moody's Investor Services and Standard & Poor's.