Retail Opportunity Investments (ROIC)

Currency in USD
17.49
0.00(0.00%)
Closed·
Showing Retail Opportunity historical data. For real-time data please try another search
Day's Range
17.4917.50
52 wk Range
11.8717.52
Key Statistics
Prev. Close
17.49
Open
17.49
Day's Range
17.49-17.5
52 wk Range
11.87-17.52
Volume
6.05M
Average Vol. (3m)
1.37M
1-Year Change
31.01%
Book Value / Share
-
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Technical Indicators
Sell
Moving Averages
Sell

Retail Opportunity Investments Company Profile

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 SmallCap 600 Index and has investment-grade corporate debt ratings from Moody’s Investor Services, S&P Global Ratings, and Fitch Ratings, Inc.

Retail Opportunity Investments SWOT Analysis


Valuation Insights
Learn why ROIC's 6.6% implied cap rate suggests potential undervaluation, with analyst price targets around $16 per share
Wildfire Exposure
Uncover the environmental risks facing ROIC, as BMO Capital Markets highlights its high wildfire exposure and potential financial impacts
Market Outperforme
Delve into ROIC's impressive 23.8% year-to-date increase, outpacing the Strips benchmark by 630 basis points
Acquisition Buzz
Explore ROIC's potential acquisition by Blackstone, driving a 21% stock surge and reshaping the shopping center REIT landscape
Read full SWOT analysis

Retail Opportunity Investments Earnings Call Summary for Q3/2024

  • Portfolio lease rate reached 97.1%; GAAP net income at $32.1M with $26.7M gain from property sales; FFO totaled $33.2M for Q3
  • Disposed of two properties for $69M; acquired grocery-anchored center; plans to refinance $250M in senior notes at mid-5.5% range
  • Full-year FFO expected between $1.03-$1.05 per diluted share; same-center NOI growth of 1-2% for 2024, returning to historical averages in 2025
  • Aims to maintain 98% portfolio lease rate; generate $2M+ additional annual revenue; cap rates for grocery-anchored assets in high 5s to low 6s
  • Focusing on selling fully valued properties and acquiring strong assets; preparing for successful Q4 leasing and anchor re-leasing initiative
Last Updated: 10/23/2024, 04:55 PM
Read Full Transcript

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.46%
Dividend Yield
3.43%
Annualized Payout
0.60
Paid quarterly
5-Years Growth
-5.31%
Growth Streak

Earnings

Latest Release
Apr 29, 2025
EPS / Forecast
-- / 0.06
Revenue / Forecast
-- / 83.67M
EPS Revisions
Last 90 days

ROIC Income Statement

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.