Retail Opportunity Investments Corp. (ROIC)
NASDAQ: ROIC · Real-Time Price · USD
16.79
-0.02 (-0.09%)
Nov 5, 2024, 12:34 PM EST - Market open
ROIC Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for ROIC stock have an average target of 14, with a low estimate of 12 and a high estimate of 16. The average target predicts a decrease of -16.59% from the current stock price of 16.79.
Analyst Consensus: Hold
* Price targets were last updated on Aug 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 1 | 0 |
| Hold | 1 | 1 | 1 | 1 | 2 | 3 |
| Sell | 1 | 1 | 1 | 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 |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 5, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 30, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $14 → $16 | Hold | Maintains | $14 → $16 | -4.68% | Aug 28, 2024 |
| Raymond James | Raymond James | Buy Maintains $15 → $16 | Buy | Maintains | $15 → $16 | -4.68% | Aug 16, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $14 → $14 | Hold | Maintains | $14 → $14 | -19.57% | May 28, 2024 |
Financial Forecast
Revenue This Year
340.16M
Revenue Next Year
342.71M
from 340.16M
Increased by 0.75%
EPS This Year
0.39
from 0.27
Increased by 42.27%
EPS Next Year
0.29
from 0.39
Decreased by -24.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 353.3M | 360.5M | 369.5M |
| Avg | 340.2M | 342.7M | 350.4M |
| Low | 325.4M | 325.0M | 331.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 6.0% | 7.8% |
| Avg | - | 0.7% | 2.2% |
| Low | - | -4.5% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.48 | 0.32 | 0.35 |
| Avg | 0.39 | 0.29 | 0.33 |
| Low | 0.24 | 0.26 | 0.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 77.3% | -18.7% | 18.5% |
| Avg | 42.3% | -24.6% | 12.8% |
| Low | -13.7% | -31.7% | 3.9% |
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.