Retail Opportunity Investments Corp. (ROIC)
NASDAQ: ROIC · IEX Real-Time Price · USD
12.28
+0.19 (1.57%)
At close: Apr 19, 2024, 4:00 PM
12.32
+0.04 (0.33%)
After-hours: Apr 19, 2024, 4:10 PM EDT
ROIC Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ROIC stock have an average target of 14.75, with a low estimate of 12 and a high estimate of 16. The average target predicts an increase of 20.11% from the current stock price of 12.28.
Analyst Consensus: Hold
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Sell Downgrades $15 → $12 | Hold → Sell | Downgrades | $15 → $12 | -2.28% | Apr 5, 2024 |
| Keybanc | Keybanc | Hold → Buy Upgrades $16 | Hold → Buy | Upgrades | $16 | +30.29% | Jan 5, 2024 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $14 → $15 | Buy → Hold | Downgrades | $14 → $15 | +22.15% | Sep 20, 2023 |
| Raymond James | Raymond James | Hold → Buy Upgrades $16 | Hold → Buy | Upgrades | $16 | +30.29% | Sep 5, 2023 |
| Wells Fargo | Wells Fargo | Buy Initiates $14 | Buy | Initiates | $14 | +14.01% | May 24, 2023 |
Financial Forecast
Revenue This Year
342.05M
from 327.73M
Increased by 4.37%
Revenue Next Year
362.34M
from 342.05M
Increased by 5.93%
EPS This Year
0.28
from 0.27
Increased by 2.00%
EPS Next Year
0.31
from 0.28
Increased by 12.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 359.1M | 398.3M | 385.2M |
| Avg | 342.1M | 362.3M | 374.2M |
| Low | 321.0M | 332.7M | 359.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.6% | 16.5% | 6.3% |
| Avg | 4.4% | 5.9% | 3.3% |
| Low | -2.1% | -2.7% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.32 | 0.38 | 0.42 |
| Avg | 0.28 | 0.31 | 0.41 |
| Low | 0.22 | 0.25 | 0.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.7% | 37.3% | 35.7% |
| Avg | 2.0% | 12.3% | 31.9% |
| Low | -20.1% | -7.5% | 26.7% |
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.