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Retail Opportunity Investments Corp. (ROIC)

Stock Price: $11.91 USD 0.48 (4.16%)
Updated Aug 10, 2020 11:31 AM EDT - Market open

Stock Price Chart

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

Year2019201820172016201520142013201220112010
Revenue29529627323719315611175.1051.7416.33
Revenue Growth-0.26%8.25%15.21%23.09%23.63%40.13%48.12%45.15%216.84%-
Gross Profit21922020418014511580.2455.0338.3111.78
Operating Income10210393.6777.1759.3443.7727.7811.554.95-5.31
Net Income48.8442.7438.4832.7523.8620.3033.817.899.66-0.40
Shares Outstanding11611411010999.4992.9772.0652.9242.1541.58
Earnings Per Share0.420.380.350.310.250.240.480.150.23-0.01
EPS Growth10.53%8.57%12.9%24%4.17%-50%220%-34.78%--
Dividend Per Share0.790.780.750.720.680.640.600.530.390.18
Dividend Growth1.03%3.86%4.31%5.88%6.25%6.67%13.21%35.9%116.67%-
Operating Cash Flow13213112911586.9265.2137.7524.7217.292.31
Capital Expenditures12.15-56.06-318-325-337-400-302-269-215-214
Free Cash Flow14474.86-189-211-250-335-264-245-198-211
Cash & Equivalents5.467.4517.4713.259.5715.799.998.3936.0589.07
Total Debt1,4091,4831,4871,15698274362239217042.42
Net Cash / Debt-1,404-1,475-1,470-1,143-973-728-612-383-13446.66
Assets2,9143,0033,0392,6632,3011,8521,439951694464
Liabilities1,6221,6951,7101,3471,13688973448424473.67
Book Value1,1791,1881,2041,1881,037924676467450391
Numbers in millions USD, except per-share numbers.

Company Profile

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.