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. More Details
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Average dividend payer and fair value.
Share Price & News
How has Retail Opportunity Investments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ROIC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ROIC's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ROIC exceeded the US REITs industry which returned 18.3% over the past year.
Return vs Market: ROIC exceeded the US Market which returned 56.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Retail Opportunity Investments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHave Insiders Been Buying Retail Opportunity Investments Corp. (NASDAQ:ROIC) Shares?
1 month ago | Simply Wall StRetail Opportunity Investments (NASDAQ:ROIC) Share Prices Have Dropped 16% In The Last Five Years
2 months ago | Simply Wall StCan Retail Opportunity Investments Corp. (NASDAQ:ROIC) Improve Its Returns?
Is Retail Opportunity Investments undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ROIC ($16.3) is trading below our estimate of fair value ($21.53)
Significantly Below Fair Value: ROIC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ROIC is poor value based on its PE Ratio (59.7x) compared to the US REITs industry average (46.5x).
PE vs Market: ROIC is poor value based on its PE Ratio (59.7x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: ROIC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ROIC is good value based on its PB Ratio (1.6x) compared to the US REITs industry average (1.8x).
How is Retail Opportunity Investments forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ROIC's earnings are forecast to decline over the next 3 years (-3.5% per year).
Earnings vs Market: ROIC's earnings are forecast to decline over the next 3 years (-3.5% per year).
High Growth Earnings: ROIC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ROIC's revenue (1.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: ROIC's revenue (1.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ROIC's Return on Equity is forecast to be low in 3 years time (2.7%).
How has Retail Opportunity Investments performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ROIC has high quality earnings.
Growing Profit Margin: ROIC's current net profit margins (11.2%) are lower than last year (16.4%).
Past Earnings Growth Analysis
Earnings Trend: ROIC's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: ROIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ROIC had negative earnings growth (-34.1%) over the past year, making it difficult to compare to the REITs industry average (-4.4%).
Return on Equity
High ROE: ROIC's Return on Equity (2.7%) is considered low.
How is Retail Opportunity Investments's financial position?
Financial Position Analysis
Short Term Liabilities: ROIC's short term assets ($70.2M) exceed its short term liabilities ($39.1M).
Long Term Liabilities: ROIC's short term assets ($70.2M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: ROIC's debt to equity ratio (107.1%) is considered high.
Reducing Debt: ROIC's debt to equity ratio has increased from 84.4% to 107.1% over the past 5 years.
Debt Coverage: ROIC's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: ROIC's interest payments on its debt are not well covered by EBIT (1.6x coverage).
What is Retail Opportunity Investments's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ROIC's dividend (2.7%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: ROIC's dividend (2.7%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: ROIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ROIC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18%), ROIC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ROIC's dividends in 3 years are forecast to be covered by earnings (56.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stuart Tanz (61 yo)
Mr. Stuart A. Tanz has been the Chief Executive Officer and President of Retail Opportunity Investments GP LLC - General Partner of Retail Opportunity Investments Partnership, LP since 2009. Mr. Tanz has b...
CEO Compensation Analysis
Compensation vs Market: Stuart's total compensation ($USD5.82M) is above average for companies of similar size in the US market ($USD3.67M).
Compensation vs Earnings: Stuart's compensation has been consistent with company performance over the past year.
Experienced Management: ROIC's management team is seasoned and experienced (9.3 years average tenure).
Experienced Board: ROIC's board of directors are seasoned and experienced ( 11.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ROIC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Retail Opportunity Investments Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Retail Opportunity Investments Corp.
- Ticker: ROIC
- Exchange: NasdaqGS
- Founded: NaN
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: US$2.078b
- Market Cap: US$1.945b
- Shares outstanding: 127.48m
- Website: https://www.roireit.net
Number of Employees
- Retail Opportunity Investments Corp.
- 11250 El Camino Real
- Suite 200
- San Diego
- United States
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-anchore...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/12 23:17|
|End of Day Share Price||2021/04/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.