Retail Opportunity Investments Corp. (ROIC)

Feb 12, 2025 - ROIC was delisted (reason: acquired by Blackstone)
17.49
0.00 (0.00%)
Inactive · Last trade price on Feb 12, 2025
Market Cap2.36B
Revenue (ttm)336.79M +4.2%
Net Income58.05M +59.5%
EPS0.46 +57.9%
Shares Out 135.17M
PE Ratio38.13
Forward PE58.18
Dividend$0.60 (3.43%)
Ex-Dividend DateDec 20, 2024
Volume4,300,723
Open17.49
Previous Close17.49
Day's Range17.49 - 17.50
52-Week Range11.87 - 17.52
Beta1.48
AnalystsHold
Price Target15.75 (-9.95%)
Earnings DateFeb 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]

Industry REIT - Retail
Founded 2007
Employees 71
Stock Exchange NASDAQ
Ticker Symbol ROIC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$15.75
(-9.95% downside)
Analyst Consensus: Hold

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...

Other symbols: BXGOLF
1 year ago - PRNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Business Wire

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...

1 year ago - GlobeNewsWire

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...

Other symbols: BX
1 year ago - PRNewsWire

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.

Other symbols: BX
1 year ago - Reuters

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 ...

Other symbols: BX
1 year ago - Business Wire

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.

Other symbols: BX
1 year ago - Reuters

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.

1 year ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

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.

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Schedules First Quarter Earnings Release and Conference Call

SAN DIEGO, March 11, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the first quarter ended March 31, 2024, after the mar...

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2023 Results

SAN DIEGO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the year and three months ended December 31, 2023.

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2023 Distributions

SAN DIEGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC), announced today the federal tax treatment of the 2023 distributions on its shares of common stock. The...

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Schedules Fourth Quarter and Year-End Earnings Release and Conference Call

SAN DIEGO, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the fourth quarter and year ended December 31, 2023, a...

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2023 Third Quarter Results

SAN DIEGO, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and nine months ended September 30, 2023. ...

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Prices Offering of Senior Unsecured Notes

SAN DIEGO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that its operating partnership, Retail Opportunity Investments Partnership, LP (the “Op...

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Schedules Third Quarter Earnings Release and Conference Call

SAN DIEGO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the third quarter ended September 30, 2023, after the...

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2023 Second Quarter Results

SAN DIEGO, July 25, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and six months ended June 30, 2023.

2 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Issues Annual Environmental, Social & Governance Report

SAN DIEGO, June 28, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today the release of its annual Environmental, Social and Governance (ESG) report, detailing t...

3 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Schedules Second Quarter Earnings Release and Conference Call

SAN DIEGO, June 12, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the second quarter ended June 30, 2023, after the mark...

3 years ago - GlobeNewsWire

Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.

Investors have good reason to be concerned about the real-estate market. It has been obvious for decades that the U.S. has too many retail properties, and now, changing work habits promise to put down...

3 years ago - Market Watch

Retail Opportunity Investments Corp. Reports 2023 First Quarter Results

SAN DIEGO, April 25, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three months ended March 31, 2023.

3 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Reports 2022 Results

SAN DIEGO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the year and three months ended December 31, 2022.

3 years ago - GlobeNewsWire

Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2022 Distributions

SAN DIEGO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC), announced today the federal tax treatment of the 2022 distributions on its shares of common stock. The...

3 years ago - GlobeNewsWire