Research Analysts Issue Forecasts for ROIC Q1 Earnings

Retail Opportunity Investments Corp. (NASDAQ:ROIC) – Equities research analysts at KeyCorp issued their Q1 2025 earnings estimates for Retail Opportunity Investments in a report released on Monday, November 4th. KeyCorp analyst T. Thomas expects that the real estate investment trust will post earnings per share of $0.25 for the quarter. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Retail Opportunity Investments’ current full-year earnings is $1.04 per share. KeyCorp also issued estimates for Retail Opportunity Investments’ Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.27 EPS and Q4 2025 earnings at $0.27 EPS.

Retail Opportunity Investments (NASDAQ:ROIC) last released its quarterly earnings results on Tuesday, October 22nd. The real estate investment trust reported $0.25 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.01). Retail Opportunity Investments had a return on equity of 4.32% and a net margin of 17.38%. The company had revenue of $83.50 million during the quarter, compared to the consensus estimate of $82.13 million. During the same period in the previous year, the firm posted $0.27 earnings per share. The company’s revenue was up 2.5% on a year-over-year basis.

Several other research firms have also commented on ROIC. Raymond James lowered shares of Retail Opportunity Investments from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 30th. StockNews.com raised Retail Opportunity Investments from a “sell” rating to a “hold” rating in a research report on Monday, August 19th. Wells Fargo & Company increased their price objective on Retail Opportunity Investments from $13.50 to $16.00 and gave the company an “equal weight” rating in a report on Wednesday, August 28th. Finally, Bank of America initiated coverage on Retail Opportunity Investments in a research note on Thursday, October 24th. They set an “underperform” rating and a $14.00 target price on the stock. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $15.50.

Retail Opportunity Investments Stock Performance

Shares of Retail Opportunity Investments stock opened at $16.59 on Wednesday. The company has a market capitalization of $2.13 billion, a PE ratio of 36.07 and a beta of 1.44. The company has a 50-day simple moving average of $15.64 and a two-hundred day simple moving average of $14.03. Retail Opportunity Investments has a one year low of $11.80 and a one year high of $17.17. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.92 and a current ratio of 1.92.

Institutional Investors Weigh In On Retail Opportunity Investments

Several institutional investors and hedge funds have recently made changes to their positions in ROIC. First Trust Direct Indexing L.P. purchased a new position in Retail Opportunity Investments in the 1st quarter worth $129,000. BNP Paribas Financial Markets lifted its holdings in shares of Retail Opportunity Investments by 65.4% during the first quarter. BNP Paribas Financial Markets now owns 80,788 shares of the real estate investment trust’s stock worth $1,036,000 after purchasing an additional 31,958 shares during the period. Daiwa Securities Group Inc. boosted its position in Retail Opportunity Investments by 6.8% in the first quarter. Daiwa Securities Group Inc. now owns 40,967 shares of the real estate investment trust’s stock valued at $525,000 after buying an additional 2,595 shares during the last quarter. Texas Permanent School Fund Corp increased its holdings in Retail Opportunity Investments by 1.4% in the 1st quarter. Texas Permanent School Fund Corp now owns 110,276 shares of the real estate investment trust’s stock worth $1,414,000 after buying an additional 1,476 shares during the period. Finally, Quantbot Technologies LP purchased a new position in Retail Opportunity Investments during the 1st quarter worth approximately $351,000. 97.16% of the stock is currently owned by institutional investors and hedge funds.

Retail Opportunity Investments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.62%. Retail Opportunity Investments’s dividend payout ratio is currently 130.43%.

About Retail Opportunity Investments

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.