Retail Opportunity Investments Corp. (ROIC)
NASDAQ: ROIC · IEX Real-Time Price · USD
12.50
+0.21 (1.71%)
Jul 2, 2024, 4:00 PM EDT - Market closed
ROIC Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ROIC stock have an average target of 14.38, with a low estimate of 12 and a high estimate of 16. The average target predicts an increase of 15.04% from the current stock price of 12.50.
Analyst Consensus: Hold
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for ROIC stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $14 → $14 | Hold | Maintains | $14 → $14 | +8.00% | May 28, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $15 → $12 | Hold → Sell | Downgrades | $15 → $12 | -4.00% | Apr 5, 2024 |
| Keybanc | Keybanc | Hold → Buy Upgrades $16 | Hold → Buy | Upgrades | $16 | +28.00% | Jan 5, 2024 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $14 → $15 | Buy → Hold | Downgrades | $14 → $15 | +20.00% | Sep 20, 2023 |
| Raymond James | Raymond James | Hold → Buy Upgrades $16 | Hold → Buy | Upgrades | $16 | +28.00% | Sep 5, 2023 |
Financial Forecast
Revenue This Year
337.06M
from 327.73M
Increased by 2.85%
Revenue Next Year
355.44M
from 337.06M
Increased by 5.45%
EPS This Year
0.28
from 0.27
Increased by 2.00%
EPS Next Year
0.30
from 0.28
Increased by 9.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 353.6M | 389.2M | 385.2M |
| Avg | 337.1M | 355.4M | 374.2M |
| Low | 317.5M | 326.3M | 359.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.9% | 15.5% | 8.4% |
| Avg | 2.8% | 5.5% | 5.3% |
| Low | -3.1% | -3.2% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.30 | 0.32 | 0.42 |
| Avg | 0.28 | 0.30 | 0.41 |
| Low | 0.25 | 0.28 | 0.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.8% | 14.4% | 39.6% |
| Avg | 2.0% | 9.3% | 35.6% |
| Low | -9.3% | 3.2% | 30.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.