Retail Opportunity Investments (Nasdaq:ROIC) - Stock Price, News & Analysis

ROIC Stock Overview

ROIC fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	4/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 13.1% below our estimate of its fair value

Earnings grew by 60.1% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 19.6% per year for the next 3 years

Unstable dividend track record

Large one-off items impacting financial results

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Decisive Capital Moves In Grocery Centers Boost Revenue And Earnings Prospects

Key Takeaways Strategic capital recycling and high lease rates support revenue growth and income stability, with potential for increased net operating income. Refinancing and off-market acquisitions may improve financial flexibility, fostering stable cash flow and future earnings growth.

View narrative

US$15.50

11.9% overvalued

1.32%

Revenue growth p.a.

24 days ago

Retail Opportunity Investments Corp. Competitors

Getty Realty

NYSE:GTY

US$1.7b

Urban Edge Properties

NYSE:UE

US$3.0b

Saul Centers

NYSE:BFS

US$1.3b

Tanger

NYSE:SKT

US$4.1b

Price History & Performance

Summary of all time highs, changes and price drops for Retail Opportunity Investments
Historical stock prices
Current Share Price	US$17.35
52 Week High	US$17.40
52 Week Low	US$11.87
Beta	1.46
11 Month Change	7.97%
3 Month Change	14.14%
1 Year Change	42.10%
33 Year Change	-6.97%
5 Year Change	-2.20%
Change since IPO	90.03%

Retail Opportunity Investments: Unfavorable Risk-Reward Balance

Nov 07

Recent updates

Retail Opportunity Investments: Unfavorable Risk-Reward Balance

Nov 07

Retail Opportunity Investments: No Opportunity Right Now

Sep 15

Blackstone's Rumored Buyout Of Retail Opportunity Is Auspicious For Shopping Centers

Jul 31

Retail Opportunities Investment: Several Choices, All Of Them Good

Jul 20

Retail Opportunity Investments: A High-Single-Digit Return From A Defensive REIT

Jun 19

If EPS Growth Is Important To You, Retail Opportunity Investments (NASDAQ:ROIC) Presents An Opportunity

Aug 18

Here's Why We Think Retail Opportunity Investments (NASDAQ:ROIC) Is Well Worth Watching

May 19

Shareholder Returns

	ROIC	US Retail REITs	US Market
7D	0.1%	-0.6%	-2.2%
1Y	42.1%	24.9%	30.1%

Return vs Industry: ROIC exceeded the US Retail REITs industry which returned 24.5% over the past year.

Return vs Market: ROIC exceeded the US Market which returned 32.3% over the past year.

Price Volatility

Is ROIC's price volatile compared to industry and market?
ROIC volatility
ROIC Average Weekly Movement	3.4%
Retail REITs Industry Average Movement	2.5%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: ROIC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ROIC's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	71	Stuart Tanz	www.roireit.net

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 December 31, 2023, ROIC owned 94 shopping centers encompassing approximately 10.6 million square feet. ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast.

Retail Opportunity Investments Corp. Fundamentals Summary

How do Retail Opportunity Investments's earnings and revenue compare to its market cap?
ROIC fundamental statistics
Market cap	US$2.33b
Earnings (TTM)	US$58.05m
Revenue (TTM)	US$336.79m

38.2x

P/E Ratio

6.6x

P/S Ratio

Is ROIC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ROIC income statement (TTM)
Revenue	US$336.79m
Cost of Revenue	US$92.78m
Gross Profit	US$244.01m
Other Expenses	US$185.96m
Earnings	US$58.05m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.45
Gross Margin	72.45%
Net Profit Margin	17.24%
Debt/Equity Ratio	103.9%

How did ROIC perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

56%

Payout Ratio

Does ROIC pay a reliable dividends?

See ROIC dividend history and benchmarks

When do you need to buy ROIC by to receive an upcoming dividend?
Retail Opportunity Investments dividend dates
Ex Dividend Date	Dec 20 2024
Dividend Pay Date	Jan 10 2025
Days until Ex dividend	33 days
Days until Dividend pay date	54 days

Does ROIC pay a reliable dividends?

See ROIC dividend history and benchmarks

ROIC Stock Overview

Rewards

Risk Analysis

Decisive Capital Moves In Grocery Centers Boost Revenue And Earnings Prospects

Retail Opportunity Investments Corp. Competitors

NYSE:GTY

US$1.7b

NYSE:UE

US$3.0b

NYSE:BFS

US$1.3b

NYSE:SKT

US$4.1b

Price History & Performance

Recent News & Updates

Price target increased by 11% to US$17.20

Blackstone Real Estate Partners X L.P. a fund managed by Blackstone Real Estate Advisors L.P. entered into an agreement to acquire Retail Opportunity Investments Corp. (NasdaqGS:ROIC) for $2.4 billion in a going private transaction.

Retail Opportunity Investments: Unfavorable Risk-Reward Balance

Blackstone Reportedly in Advanced Talks to Acquire Shopping Center Owner Retail Opportunity

Consensus EPS estimates increase by 73%

Third quarter dividend of US$0.15 announced

Recent updates

Price target increased by 11% to US$17.20

Blackstone Real Estate Partners X L.P. a fund managed by Blackstone Real Estate Advisors L.P. entered into an agreement to acquire Retail Opportunity Investments Corp. (NasdaqGS:ROIC) for $2.4 billion in a going private transaction.

Retail Opportunity Investments: Unfavorable Risk-Reward Balance

Blackstone Reportedly in Advanced Talks to Acquire Shopping Center Owner Retail Opportunity

Consensus EPS estimates increase by 73%

Third quarter dividend of US$0.15 announced

Third quarter 2024 earnings: EPS exceeds analyst expectations

Retail Opportunity Investments Corp. Provides Earnings Guidance for the Full Year 2024

Retail Opportunity Investments: No Opportunity Right Now

Upcoming dividend of US$0.15 per share

Retail Opportunity Investments Corp. to Report Q3, 2024 Results on Oct 22, 2024

Investor sentiment improves as stock rises 18%

Blackstone's Rumored Buyout Of Retail Opportunity Is Auspicious For Shopping Centers

Second quarter dividend of US$0.15 announced

Second quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Retail Opportunity Investments Corp. Declares Cash Dividend, Payable on October 4, 2024

Retail Opportunities Investment: Several Choices, All Of Them Good

Now 19% overvalued

Now 20% overvalued

Retail Opportunity Investments: A High-Single-Digit Return From A Defensive REIT

Retail Opportunity Investments Corp. to Report Q2, 2024 Results on Jul 23, 2024

New minor risk - Shareholder dilution

Upcoming dividend of US$0.15 per share

Now 21% overvalued

Now 20% overvalued

First quarter dividend of US$0.15 announced

First quarter 2024 earnings: EPS exceeds analyst expectations

Retail Opportunity Investments: M&A Is Likely

Retail Opportunity Investments Corp., Annual General Meeting, Apr 23, 2024

Retail Opportunity Investments Corp. to Report Q1, 2024 Results on Apr 23, 2024

Upcoming dividend of US$0.15 per share

Retail Opportunity Investments Q4: Great Time To Buy These Prime Assets

Now 20% undervalued

Full year 2023 earnings: EPS exceeds analyst expectations

Retail Opportunity Investments Corp. Declares Cash Dividend, Payable on April 5, 2024

Retail Opportunity Investments Corp. to Report Q4, 2023 Results on Feb 14, 2024

Upcoming dividend of US$0.15 per share at 4.5% yield

Price target decreased by 7.5% to US$13.61

Investor sentiment improves as stock rises 16%

Third quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Retail Opportunity Investments Corp. Revises Earnings Guidance for the Year Ended December 31, 2023

Retail Opportunity Investments Corp. to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.15 per share at 4.4% yield

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Retail Opportunity Investments Corp. Declares Cash Dividend, Payable on October 6, 2023

Now 20% undervalued after recent price drop

Retail Opportunity Investments Corp. to Report Q2, 2023 Results on Jul 25, 2023

Now 20% undervalued

Upcoming dividend of US$0.15 per share at 4.3% yield

First quarter 2023 earnings: Revenues in line with analyst expectations

Independent Director recently sold US$149k worth of stock

Upcoming dividend of US$0.15 per share at 4.3% yield

Retail Opportunity Investments Corp. Provides Earnings Guidance for the Fiscal Year 2023

Full year 2022 earnings: EPS misses analyst expectations

Retail Opportunity Investments Corp. Provides Earnings Guidance for the Fiscal Year 2023

Retail Opportunity Investments Corp. to Report Q4, 2022 Results on Feb 15, 2023

Independent Director recently sold US$100k worth of stock