Summary
16.63 -0.17(-1.01%)11/05/2024
Retail Opportunity Investments Corp (ROIC)
Retail Opportunity Investments Corp (ROIC)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -1.01 | 7.18 | 7.94 | 11.60 | 35.20 | 33.53 | -1.99 | 151.83 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 16.63 | |
| Open | 16.41 | |
| High | 16.90 | |
| Low | 16.41 | |
| Volume | 599,799 | |
| Change | -0.17 | |
| Change % | -1.01 | |
| Avg Volume (20 Days) | 526,438 | |
| Volume/Avg Volume (20 Days) Ratio | 1.14 | |
| 52 Week Range | 11.80 - 17.17 | |
| Price vs 52 Week High | -3.15% | |
| Price vs 52 Week Low | 40.93% | |
| Range | -1.26 | |
| Gap Up/Down | 1.28 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,972 | |
| EBIDTA | 205,200,000 | |
| PE Ratio | 41.4667 | |
| PEG Ratio | 6.8600 | |
| WallStreet Target Price | 13.88 | |
| Book Value | 10.0310 | |
| Earnings Per Share | 0.3000 | |
| EPS Estimate Current Quarter | 0.0700 | |
| EPS Estimate Next Quarter | 0.0700 | |
| EPS Estimate Current Year | 0.2700 | |
| EPS Estimate Next Year | 0.2900 | |
| Diluted EPS (TTM) | 0.3000 | |
| Revenues | ||
| Profit Marging | 0.1121 | |
| Operating Marging (TTM) | 0.3584 | |
| Return on asset (TTM) | 0.0240 | |
| Return on equity (TTM) | 0.0291 | |
| Revenue TTM | 333,766,016 | |
| Revenue per share TTM | 2.6580 | |
| Quarterly Revenue Growth (YOY) | 0.0760 | |
| Quarterly Earnings Growth (YOY) | 0.3320 | |
| Gross Profit (TTM) | 227,221,000 | |
| Dividends | ||
| Dividend Share | 0.6000 | |
| Dividend Yield | 0.0482 | |
| Valuations | ||
| Trailing PE | 41.4667 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.2307 | |
| Revenue Enterprise Value | 9.4414 | |
| EBITDA Enterprise Value | 14.4544 | |
| Shares | ||
| Shares Outstanding | 127,454,000 | |
| Shares Float | 123,179,535 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.02 | |
| Insider (%) | 3.26 | |
| Institutions (%) | 109.20 | |
11/03 18:27 EST - reuters.com
Exclusive: Blackstone in advanced talks to acquire shopping center owner Retail Opportunity, sources say
Blackstone is in advanced talks to acquire Retail Opportunity Investments Corp , which owns U.S. shopping centers, according to people familiar with the matter.
Exclusive: Blackstone in advanced talks to acquire shopping center owner Retail Opportunity, sources say
Blackstone is in advanced talks to acquire Retail Opportunity Investments Corp , which owns U.S. shopping centers, according to people familiar with the matter.
10/23 13:34 EST - seekingalpha.com
Retail Opportunity Investments Corp. (ROIC) Q3 2024 Earnings Call Transcript
Retail Opportunity Investments Corp. (NASDAQ:ROIC ) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Lauren Silveira - Chief Accounting Officer Stuart Tanz - President and Chief Executive Officer Michael Haines - Chief Financial Officer Richard Schoebel - Chief Operating Officer Conference Call Participants Dori Kesten - Wells Fargo Securities Juan Sanabria - BMO Capital Markets Craig Mailman - Citi Todd Thomas - KeyBanc Capital Markets Wesley Golladay - Baird Michael Mueller - JPMorgan Paulina Rojas-Schmidt - Green Street Operator Welcome to Retail Opportunity Investments' Third Quarter 2024 Conference Call. Participants are currently in a listen-only mode.
Retail Opportunity Investments Corp. (ROIC) Q3 2024 Earnings Call Transcript
Retail Opportunity Investments Corp. (NASDAQ:ROIC ) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Lauren Silveira - Chief Accounting Officer Stuart Tanz - President and Chief Executive Officer Michael Haines - Chief Financial Officer Richard Schoebel - Chief Operating Officer Conference Call Participants Dori Kesten - Wells Fargo Securities Juan Sanabria - BMO Capital Markets Craig Mailman - Citi Todd Thomas - KeyBanc Capital Markets Wesley Golladay - Baird Michael Mueller - JPMorgan Paulina Rojas-Schmidt - Green Street Operator Welcome to Retail Opportunity Investments' Third Quarter 2024 Conference Call. Participants are currently in a listen-only mode.
10/22 18:41 EST - zacks.com
Retail Opportunity Investments (ROIC) Q3 FFO Lag Estimates
Retail Opportunity Investments (ROIC) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.27 per share a year ago.
Retail Opportunity Investments (ROIC) Q3 FFO Lag Estimates
Retail Opportunity Investments (ROIC) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.27 per share a year ago.
10/22 16:15 EST - globenewswire.com
Retail Opportunity Investments Corp. Reports 2024 Third Quarter Results
SAN DIEGO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and nine months ended September 30, 2024.
Retail Opportunity Investments Corp. Reports 2024 Third Quarter Results
SAN DIEGO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and nine months ended September 30, 2024.
10/11 07:38 EST - seekingalpha.com
Steel Dynamics: Undervalued Despite A History Of Profitability
Steel Dynamics has compounded NOPAT by 19% annually since 2019, with ROIC rising from 11.96% to 15.15%, showcasing strong profitability and management alignment with shareholder interests. The firm has consistently earned economic profits, totaling $8.7 billion since 2019, by maintaining a ROIC greater than its WACC. Despite its profitability, STLD is priced for a 3% permanent decline in NOPAT, presenting a value investment opportunity.
Steel Dynamics: Undervalued Despite A History Of Profitability
Steel Dynamics has compounded NOPAT by 19% annually since 2019, with ROIC rising from 11.96% to 15.15%, showcasing strong profitability and management alignment with shareholder interests. The firm has consistently earned economic profits, totaling $8.7 billion since 2019, by maintaining a ROIC greater than its WACC. Despite its profitability, STLD is priced for a 3% permanent decline in NOPAT, presenting a value investment opportunity.
10/10 08:25 EST - seekingalpha.com
2 REITs To Buy After The Rally
REITs have surged in the recent month. But opportunities remain abundant. I present 2 REITs that are still deeply undervalued.
2 REITs To Buy After The Rally
REITs have surged in the recent month. But opportunities remain abundant. I present 2 REITs that are still deeply undervalued.
09/15 13:15 EST - seekingalpha.com
Retail Opportunity Investments: No Opportunity Right Now
ROIC's portfolio shows strong demand and high occupancy but the REIT has experienced a deceleration in growth and FFO declines. Despite a solid balance sheet and diversified tenant base, the stock's current price is inflated due to an acquisition rumor. Given the mediocre performance, low yield, and high price level, I think holding off on buying ROIC until the prospect of an acquisition is resolved is most wise.
Retail Opportunity Investments: No Opportunity Right Now
ROIC's portfolio shows strong demand and high occupancy but the REIT has experienced a deceleration in growth and FFO declines. Despite a solid balance sheet and diversified tenant base, the stock's current price is inflated due to an acquisition rumor. Given the mediocre performance, low yield, and high price level, I think holding off on buying ROIC until the prospect of an acquisition is resolved is most wise.
09/09 08:00 EST - seekingalpha.com
Shopping Center REITs Are Hot: Pick A Winner
The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and volatility to identify the best Shopping Center REITs for the next 2 years.
Shopping Center REITs Are Hot: Pick A Winner
The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and volatility to identify the best Shopping Center REITs for the next 2 years.
08/07 07:05 EST - marketbeat.com
3 High-ROIC Stocks to Watch During a Market Sell-Off
During a market sell-off, such as the one investors have been experiencing this week, particularly with Japan's stock market index (Nikkei 225) selling off by double-digits in a single week only to recover by 12% the day after the crash, investors need to know where their money could be allocated as a discount buying strategy. The last time the market sold off by this much was October 2023, and these types of stocks rallied by double-digits in the following quarter.
3 High-ROIC Stocks to Watch During a Market Sell-Off
During a market sell-off, such as the one investors have been experiencing this week, particularly with Japan's stock market index (Nikkei 225) selling off by double-digits in a single week only to recover by 12% the day after the crash, investors need to know where their money could be allocated as a discount buying strategy. The last time the market sold off by this much was October 2023, and these types of stocks rallied by double-digits in the following quarter.
07/27 08:10 EST - seekingalpha.com
6 Stocks I'm Buying Amid A Major Market Rotation
American consumers' savings and spending patterns, illustrated through charts, showing a shift towards credit card debt and rising delinquency rates. Market rotation towards the real estate sector, with tech stocks facing pressure and small caps outperforming. Celebrating recent investment successes with Agree Realty, Cullen/Frost Bankers, and InvenTrust Properties, while discussing new additions to the buy list.
6 Stocks I'm Buying Amid A Major Market Rotation
American consumers' savings and spending patterns, illustrated through charts, showing a shift towards credit card debt and rising delinquency rates. Market rotation towards the real estate sector, with tech stocks facing pressure and small caps outperforming. Celebrating recent investment successes with Agree Realty, Cullen/Frost Bankers, and InvenTrust Properties, while discussing new additions to the buy list.
07/23 18:26 EST - zacks.com
Retail Opportunity Investments (ROIC) Q2 FFO Lag Estimates
Retail Opportunity Investments (ROIC) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.27 per share a year ago.
Retail Opportunity Investments (ROIC) Q2 FFO Lag Estimates
Retail Opportunity Investments (ROIC) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.27 per share a year ago.
07/23 16:15 EST - globenewswire.com
Retail Opportunity Investments Corp. Reports 2024 Second Quarter Results
SAN DIEGO, July 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and six months ended June 30, 2024.
Retail Opportunity Investments Corp. Reports 2024 Second Quarter Results
SAN DIEGO, July 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and six months ended June 30, 2024.
07/20 10:00 EST - seekingalpha.com
Retail Opportunities Investment: Several Choices, All Of Them Good
With a target price of $15/share and a "BUY" rating, ROIC presents a solid opportunity for investors looking for long-term growth and stability in their portfolio. ROIC is a REIT with strong fundamentals, stable portfolio, and potential for outperformance, making it a compelling investment option. Despite not being a class leader, ROIC offers diversification potential, attractive yield, and potential for a buyout, making it a worthwhile investment.
Retail Opportunities Investment: Several Choices, All Of Them Good
With a target price of $15/share and a "BUY" rating, ROIC presents a solid opportunity for investors looking for long-term growth and stability in their portfolio. ROIC is a REIT with strong fundamentals, stable portfolio, and potential for outperformance, making it a compelling investment option. Despite not being a class leader, ROIC offers diversification potential, attractive yield, and potential for a buyout, making it a worthwhile investment.
07/17 10:31 EST - zacks.com
Zacks Industry Outlook Realty Income, Essential Properties Realty and Retail Opportunity Investments
Realty Income, Essential Properties Realty and Retail Opportunity Investments have been highlighted in this Industry Outlook article.
Zacks Industry Outlook Realty Income, Essential Properties Realty and Retail Opportunity Investments
Realty Income, Essential Properties Realty and Retail Opportunity Investments have been highlighted in this Industry Outlook article.
07/16 12:10 EST - zacks.com
Bet On These 3 Retail REIT Stocks Amid Promising Industry Prospects
The Zacks REIT and Equity Trust - Retail industry stocks O, EPRT and ROIC are in focus amid limited supply and an emphasis on omnichannel retailing, adaptability and essential retail tenants.
Bet On These 3 Retail REIT Stocks Amid Promising Industry Prospects
The Zacks REIT and Equity Trust - Retail industry stocks O, EPRT and ROIC are in focus amid limited supply and an emphasis on omnichannel retailing, adaptability and essential retail tenants.
06/27 09:01 EST - gurufocus.com
Deckers Outdoor Is Overvalued, but Offers Exceptional Growth, High ROIC
Deckers Outdoor Corp. (DECK, Financial) has a great history of compounding its shareholders' money over time. Over the past 10 years, its share price has advanced by 1,133%, equivalent to a 28.80% compounded annual return.
Deckers Outdoor Is Overvalued, but Offers Exceptional Growth, High ROIC
Deckers Outdoor Corp. (DECK, Financial) has a great history of compounding its shareholders' money over time. Over the past 10 years, its share price has advanced by 1,133%, equivalent to a 28.80% compounded annual return.
06/19 09:08 EST - seekingalpha.com
Retail Opportunity Investments: A High-Single-Digit Return From A Defensive REIT
Retail Opportunity Investments operates grocery-anchored shopping centers with a focus on the West Coast. Q1 2024 occupancy was down 1.9% Y/Y to 96.4% but is expected to recover quickly. Net debt accounts for 45% of enterprise value but there are no maturities after 2028 despite well-laddered structure.
Retail Opportunity Investments: A High-Single-Digit Return From A Defensive REIT
Retail Opportunity Investments operates grocery-anchored shopping centers with a focus on the West Coast. Q1 2024 occupancy was down 1.9% Y/Y to 96.4% but is expected to recover quickly. Net debt accounts for 45% of enterprise value but there are no maturities after 2028 despite well-laddered structure.
05/20 09:54 EST - https://www.benzinga.com
Carnival, Royal Caribbean Shares Are Moving Higher: What's Going On?
Cruise line stocks Norwegian Cruise Line announced a new strategy Monday in connection with its Investor Day. The company’s new “Charting The Course” strategy includes a refreshed vision, strategic initiatives and three-year financial and sustainability targets geared at enhancing shareholder returns. Norwegian shares were up nearly 7% at last check. Norwegian Cruise Line raised its full-year 2024 net yield growth expectations from 6..4% to 7.2%. Norwegian also raised its full-year 2024 adjusted EBITDA expectations from $2.25 billion to $2.3 billion and full-year adjusted earnings guidance from $1.32 to $1.42 per share versus estimates of $1.35 per share, according to Benzinga Pro. Norwegian Cruise Line also introduced new 2026 targets including adjusted earnings of approximately $2.45 per share, adjusted operational EBITDA margin of approximately 39%, a reduction of net leverage to the mid-four turn levels and record adjusted ROIC of 12%. “We have continued to see very strong demand and record bookings. We are now thrilled to launch this financial plan by setting long term targets with increased 2024 guidance, putting ourselves on solid footing to enhance shareholder value in the coming years,” said , CFO at Norwegian Cruise Line Holdings. On Friday, Wells Fargo analyst Daniel Politzer maintained Carnival with an Overweight rating and raised the price target from $22 to $23. Politzer also maintained Royal Caribbean with an Overweight and raised the price target from $159 to $165. At publication time, Carnival shares were up 4.33% at $15.65 and Royal Caribbean shares were up 2.59% at $145.68, according to Benzinga Pro.
Carnival, Royal Caribbean Shares Are Moving Higher: What's Going On?
Cruise line stocks Norwegian Cruise Line announced a new strategy Monday in connection with its Investor Day. The company’s new “Charting The Course” strategy includes a refreshed vision, strategic initiatives and three-year financial and sustainability targets geared at enhancing shareholder returns. Norwegian shares were up nearly 7% at last check. Norwegian Cruise Line raised its full-year 2024 net yield growth expectations from 6..4% to 7.2%. Norwegian also raised its full-year 2024 adjusted EBITDA expectations from $2.25 billion to $2.3 billion and full-year adjusted earnings guidance from $1.32 to $1.42 per share versus estimates of $1.35 per share, according to Benzinga Pro. Norwegian Cruise Line also introduced new 2026 targets including adjusted earnings of approximately $2.45 per share, adjusted operational EBITDA margin of approximately 39%, a reduction of net leverage to the mid-four turn levels and record adjusted ROIC of 12%. “We have continued to see very strong demand and record bookings. We are now thrilled to launch this financial plan by setting long term targets with increased 2024 guidance, putting ourselves on solid footing to enhance shareholder value in the coming years,” said , CFO at Norwegian Cruise Line Holdings. On Friday, Wells Fargo analyst Daniel Politzer maintained Carnival with an Overweight rating and raised the price target from $22 to $23. Politzer also maintained Royal Caribbean with an Overweight and raised the price target from $159 to $165. At publication time, Carnival shares were up 4.33% at $15.65 and Royal Caribbean shares were up 2.59% at $145.68, according to Benzinga Pro.
05/20 09:54 EST - https://www.benzinga.com
Norwegian Cruise Line Holdings Stock Is Rising Today: What's Going On?
Norwegian Cruise Line is holding its Investor Day Monday, which involves discussion of a new comprehensive “Charting the Course” strategy. The strategy includes a refreshed vision, strategic initiatives and three-year financial and sustainability targets geared at enhancing shareholder returns. In connection with the Investor Day, Norwegian Cruise Line raised its full-year 2024 guidance across several metrics. The company raised its net yield growth expectations from 6..4% to 7.2%. Norwegian also raised its adjusted EBITDA expectations from $2.25 billion to $2.3 billion and its adjusted earnings guidance from $1.32 to $1.42 per share versus estimates of $1.35 per share, according to Benzinga Pro. Norwegian Cruise Line also introduced new 2026 targets including adjusted earnings of approximately $2.45 per share, adjusted operational EBITDA margin of approximately 39%, a reduction of net leverage to the mid-four turn levels and record adjusted ROIC of 12%. “We have continued to see very strong demand and record bookings. We are now thrilled to launch this financial plan by setting long term targets with increased 2024 guidance, putting ourselves on solid footing to enhance shareholder value in the coming years,” said , CFO at Norwegian Cruise Line Holdings. Norwegian’s new vision is bolstered by strategic initiatives under four pillars: People Excellence, Guest-centric Product, Long-term Growth Platform and Exceptional Performance. These pillars are expected to help transform the company’s culture, target investments towards offerings that guests value, capitalize on high growth opportunities and drive the company’s financial performance through operational excellence. Norwegian shares were up 4.06% at $16.39 at the time of publication, according to Benzinga Pro.
Norwegian Cruise Line Holdings Stock Is Rising Today: What's Going On?
Norwegian Cruise Line is holding its Investor Day Monday, which involves discussion of a new comprehensive “Charting the Course” strategy. The strategy includes a refreshed vision, strategic initiatives and three-year financial and sustainability targets geared at enhancing shareholder returns. In connection with the Investor Day, Norwegian Cruise Line raised its full-year 2024 guidance across several metrics. The company raised its net yield growth expectations from 6..4% to 7.2%. Norwegian also raised its adjusted EBITDA expectations from $2.25 billion to $2.3 billion and its adjusted earnings guidance from $1.32 to $1.42 per share versus estimates of $1.35 per share, according to Benzinga Pro. Norwegian Cruise Line also introduced new 2026 targets including adjusted earnings of approximately $2.45 per share, adjusted operational EBITDA margin of approximately 39%, a reduction of net leverage to the mid-four turn levels and record adjusted ROIC of 12%. “We have continued to see very strong demand and record bookings. We are now thrilled to launch this financial plan by setting long term targets with increased 2024 guidance, putting ourselves on solid footing to enhance shareholder value in the coming years,” said , CFO at Norwegian Cruise Line Holdings. Norwegian’s new vision is bolstered by strategic initiatives under four pillars: People Excellence, Guest-centric Product, Long-term Growth Platform and Exceptional Performance. These pillars are expected to help transform the company’s culture, target investments towards offerings that guests value, capitalize on high growth opportunities and drive the company’s financial performance through operational excellence. Norwegian shares were up 4.06% at $16.39 at the time of publication, according to Benzinga Pro.
04/23 16:15 EST - globenewswire.com
Retail Opportunity Investments Corp. Reports 2024 First Quarter Results
SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three months ended March 31, 2024.
Retail Opportunity Investments Corp. Reports 2024 First Quarter Results
SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three months ended March 31, 2024.