Retail Opportunity Investments Corp. (ROIC)

Market Cap	1.56B
Revenue (ttm)	327.73M
Net Income (ttm)	34.53M
Shares Out	127.01M
EPS (ttm)	0.27
PE Ratio	45.63
Forward PE	44.73
Dividend	$0.60 (4.87%)
Ex-Dividend Date	Mar 14, 2024

Volume	1,052,764
Open	12.44
Previous Close	12.43
Day's Range	12.24 - 12.62
52-Week Range	10.99 - 15.17
Beta	1.44
Analysts	Hold
Price Target	14.75 (+19.72%)
Earnings Date	Apr 23, 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...

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

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%.

Analyst Forecast

According to 4 analysts, the average rating for ROIC stock is "Hold." The 12-month stock price forecast is $14.75, which is an increase of 19.72% from the latest price.

Price Target

$14.75

(19.72% upside)

Analyst Consensus: Hold