Retail Opportunity Investments Corp. (ROIC)
NASDAQ: ROIC · Real-Time Price · USD
17.31
+0.06 (0.35%)
At close: Dec 20, 2024, 4:00 PM
17.30
-0.01 (-0.06%)
After-hours: Dec 20, 2024, 4:18 PM EST
ROIC Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ROIC stock have an average target of 15.75, with a low estimate of 12 and a high estimate of 17.5. The average target predicts a decrease of -9.01% from the current stock price of 17.31.
Analyst Consensus: Hold
* Price targets were last updated on Nov 8, 2024.
Analyst Ratings
The average analyst rating for ROIC stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 1 | 0 | 0 |
| Hold | 1 | 1 | 1 | 2 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | +1.10% | Nov 8, 2024 |
| Baird | Baird | Buy → Hold Downgrades $16 → $18 | Buy → Hold | Downgrades | $16 → $18 | +1.10% | Nov 7, 2024 |
| 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 | -7.57% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
340.47M
Revenue Next Year
343.78M
from 340.47M
Increased by 0.97%
EPS This Year
0.36
from 0.27
Increased by 31.03%
EPS Next Year
0.29
from 0.36
Decreased by -18.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 354.2M | 358.5M | 368.6M | |
| Avg | 340.5M | 343.8M | 350.1M | |
| Low | 325.4M | 325.0M | 331.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 5.3% | 7.2% | |
| Avg | - | 1.0% | 1.8% | |
| Low | - | -4.6% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.48 | 0.32 | 0.35 | |
| Avg | 0.36 | 0.29 | 0.33 | |
| Low | 0.24 | 0.26 | 0.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 77.3% | -11.8% | 19.2% | |
| Avg | 31.0% | -18.6% | 12.3% | |
| Low | -13.7% | -25.9% | 4.5% |
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.