ROIC - Retail Opportunity Investments Corp Stock Price, Fair Value and News

12.77USD+0.12 (+0.95%)Market Closed

Market Summary

USD12.77+0.12

Market Closed

0.95%

ROIC Alerts

Big jump in Earnings (Y/Y)

ROIC Stock Price

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ROIC RSI Chart

ROIC Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

43.51

Price/Sales (Trailing)

4.88

Price/Free Cashflow

11.17

ROIC Price/Sales (Trailing)

ROIC Profitability

Return on Equity

2.93%

Return on Assets

1.26%

Free Cashflow Yield

8.96%

ROIC Fundamentals

ROIC Revenue

Revenue (TTM)

333.8M

Rev. Growth (Yr)

7.61%

Rev. Growth (Qtr)

0.8%

ROIC Earnings

Earnings (TTM)

37.4M

Earnings Growth (Yr)

35.32%

Earnings Growth (Qtr)

37.13%

Breaking Down ROIC Revenue

Last 7 days

2.7%

Last 30 days

6.6%

Last 90 days

-0.4%

Trailing 12 Months

2.7%

How does ROIC drawdown profile look like?

ROIC Financial Health

ROIC Investor Care

Dividend Yield

4.7%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

1.13%

Diluted EPS (TTM)

0.3

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	333.8M	0	0	0
2023	315.8M	319.6M	323.3M	327.7M
2022	291.4M	298.9M	305.5M	312.9M
2021	278.4M	282.6M	284.2M	284.1M
2020	293.9M	287.5M	284.8M	284.1M
2019	297.5M	298.0M	296.6M	295.0M
2018	281.8M	287.5M	293.4M	295.8M
2017	247.0M	255.0M	263.6M	273.3M
2016	203.7M	216.1M	225.4M	237.2M
2015	164.6M	173.9M	183.2M	192.7M
2014	123.2M	134.0M	147.8M	155.9M
2013	82.8M	90.8M	99.0M	111.2M
2012	58.4M	65.0M	70.3M	75.1M
2011	0	28.1M	39.9M	51.7M
2010	0	0	0	16.3M
2009	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Retail Opportunity Investments Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 20, 2024	schoebel richard k.	acquired	-	-	54,816	chief operating officer
Feb 20, 2024	tanz stuart a	acquired	-	-	166,406	chief executive officer
Feb 20, 2024	silveira lauren n.	acquired	-	-	12,000	vp, chief accounting officer
Feb 20, 2024	haines michael b.	acquired	-	-	50,901	evp cfo, treasurer & secretary
Feb 20, 2024	baker richard a.	acquired	-	-	18,403	-
Jan 15, 2024	haines michael b.	sold (taxes)	-264,031	14.03	-18,819	evp cfo, treasurer & secretary
Jan 15, 2024	tanz stuart a	sold (taxes)	-1,083,680	14.03	-77,240	chief executive officer
Jan 15, 2024	baker richard a.	acquired	-	-	18,508	-
Jan 15, 2024	baker richard a.	sold (taxes)	-83,969	14.03	-5,985	-
Jan 15, 2024	haines michael b.	acquired	-	-	52,746	evp cfo, treasurer & secretary

Which funds bought or sold ROIC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	sold off	-100	-638,197	-	-%
May 16, 2024	COMERICA BANK	reduced	-9.95	-146,453	680,293	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.19	-248,596	1,611,490	-%
May 15, 2024	CITADEL ADVISORS LLC	added	33.35	570,829	3,182,950	-%
May 15, 2024	Voya Investment Management LLC	added	2.41	-251,315	3,661,860	-%
May 15, 2024	DARK FOREST CAPITAL MANAGEMENT LP	new	-	353,191	353,191	0.06%
May 15, 2024	Elequin Capital, LP	sold off	-100	-351,452	-	-%
May 15, 2024	Point72 Asia (Singapore) Pte. Ltd.	new	-	153,968	153,968	0.04%
May 15, 2024	ALGERT GLOBAL LLC	reduced	-35.7	-283,000	402,000	0.02%
May 15, 2024	Holocene Advisors, LP	new	-	377,780	377,780	-%

Are Funds Buying or Selling ROIC?

Are funds buying ROIC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ROIC

No. of Funds

ROIC Alerts

Big jump in Earnings (Y/Y)

Unveiling Retail Opportunity Investments Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	centersquare investment management llc	6.94%	8,747,743	SC 13G
Feb 13, 2024	vanguard group inc	15.60%	19,655,826	SC 13G/A
Jan 30, 2024	state street corp	6.40%	8,061,277	SC 13G/A
Jan 19, 2024	blackrock inc.	19.0%	23,974,661	SC 13G/A
Feb 09, 2023	vanguard group inc	16.20%	20,171,809	SC 13G/A
Feb 07, 2023	state street corp	6.37%	7,935,812	SC 13G/A
Jan 23, 2023	blackrock inc.	18.1%	22,581,843	SC 13G/A
Feb 14, 2022	state street corp	5.43%	6,594,760	SC 13G/A
Jan 27, 2022	blackrock inc.	18.3%	22,269,037	SC 13G/A
Jan 26, 2022	blackrock inc.	18.3%	22,269,037	SC 13G/A

Recent SEC filings of Retail Opportunity Investments Corp

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	8-K	Current Report
Apr 24, 2024	10-Q	Quarterly Report
Apr 23, 2024	8-K	Current Report
Mar 22, 2024	DEF 14A	DEF 14A
Mar 22, 2024	ARS	ARS
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading

Peers (Alternatives to Retail Opportunity Investments Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	90.9B	11.2B	13.13%	1.87%	46.04	8.11	3.63%	50.79%
CCI	44.7B	6.8B	10.57%	-9.74%	32.06	6.53	-2.39%	-16.60%
AVB	28.3B	2.8B	9.91%	13.04%	29.6	10.08	5.72%	-6.47%
ARE	21.7B	3.0B	6.63%	6.21%	110.61	7.35	10.44%	-73.79%
AMH	13.5B	-	6.12%	9.11%	31.9	8.3	8.93%	11.87%
REG	11.3B	1.4B	6.30%	4.57%	30.12	8.22	10.48%	-2.93%
BXP	9.9B	3.3B	9.08%	28.09%	51.64	3	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	5.40%	14.57%	35.59	7.38	5.48%	-38.69%
SLG	3.4B	892.3M	6.62%	140.10%	-6.71	3.85	-5.33%	-307.54%
MAC	3.4B	878.0M	1.11%	67.10%	-9.8	3.82	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	12.17%	21.82%	20.36	3.15	3.54%	8.91%
AIV	1.2B	198.2M	6.70%	-0.84%	-7.55	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.51%	2.13%	36.77	1.73	27.93%	140.31%
NYMT	572.0M	285.4M	-8.06%	-36.92%	-4.15	2	11.05%	83.70%
IVR	459.4M	277.2M	15.74%	-12.95%	-56.03	1.66	25.89%	94.64%

Retail Opportunity Investments Corp News

Latest updates

Retail Opportunity Investments Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.8%	85.00	85.00	82.00	82.00	79.00	80.00	78.00	78.00	76.00	73.00	71.00	71.00	69.00	73.00	70.00	67.00	75.00	74.00	72.00	73.00	76.00
Operating Expenses	-1.4%	55.00	56.00	55.00	54.00	54.00	53.00	51.00	52.00	50.00	49.00	47.00	48.00	47.00	49.00	48.00	46.00	47.00	47.00	48.00	49.00	48.00
S&GA Expenses	7.9%	6.00	5.00	5.00	6.00	5.00	6.00	5.00	6.00	5.00	5.00	5.00	5.00	4.00	5.00	4.00	4.00	4.00	4.00	4.00	5.00	4.00
Interest Expenses	-8.2%	19.00	21.00	18.00	18.00	17.00	16.00	15.00	14.00	14.00	14.00	14.00	14.00	14.00	15.00	15.00	15.00	15.00	15.00	15.00	16.00	16.00
Net Income	37.1%	11.00	8.00	8.00	10.00	8.00	10.00	19.00	12.00	12.00	9.00	21.00	16.00	7.00	9.00	6.00	5.00	12.00	10.00	18.00	8.00	13.00
Net Income Margin	6.4%	0.11*	0.11*	0.11*	0.15*	0.15*	0.17*	0.16*	0.18*	0.20*	0.19*	0.19*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	84.0%	43.00	23.00	51.00	29.00	44.00	16.00	56.00	30.00	48.00	21.00	48.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.4%	2,967	2,978	3,167	2,979	3,002	3,004	3,002	2,969	2,922	2,929	2,898	2,860	2,845	2,865	2,921	3,030	2,964	2,914	2,933	2,969	2,994
Cash Equivalents	-71.9%	2.00	6.00	205	5.00	12.00	7.00	7.00	6.00	18.00	13.00	91.00	45.00	5.00	7.00	58.00	151	63.00	5.00	7.00	7.00	10.00
Liabilities	-0.1%	1,613	1,614	1,807	1,611	1,629	1,620	1,611	1,580	1,544	1,562	1,545	1,530	1,558	1,573	1,644	1,763	1,705	1,622	1,648	1,694	1,700
Shareholder's Equity	-0.7%	1,279	1,287	1,284	1,368	1,373	1,385	1,391	1,388	1,378	1,366	1,353	1,330	1,287	1,291	1,278	1,267	1,259	1,292	1,285	1,275	1,294
Retained Earnings	-2.3%	-365	-357	-346	-335	-326	-315	-307	-307	-302	-297	-284	-291	-294	-289	-298	-304	-309	-298	-285	-280	-265
Additional Paid-In Capital	0.0%	1,643	1,644	1,629	1,626	1,612	1,612	1,610	1,604	1,591	1,578	1,552	1,539	1,499	1,498	1,494	1,489	1,473	1,481	1,461	1,443	1,441
Shares Outstanding	0.4%	127	127	126	126	125	125	125	124	124	123	121	121	-	-	-	-	-	-	-	-	-
Minority Interest	-1.0%	75.00	76.00	76.00	77.00	87.00	88.00	89.00	91.00	91.00	89.00	89.00	88.00	90.00	92.00	92.00	94.00	109	112	115	116	118
Float	-	-	-	-	1,700	-	-	-	1,900	-	-	-	2,100	-	-	-	1,300	-	-	-	1,900	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	84.0%	42,723	23,220	51,086	28,725	44,447	15,982	55,561	29,709	47,771	21,168	48,424	23,190	43,550	13,734	43,960	8,259	40,707	20,804	48,854	22,191	40,190
Share Based Compensation	-11.0%	2,787	3,130	3,225	3,430	2,927	3,128	3,221	3,028	2,572	3,167	2,567	3,233	2,063	2,549	2,341	2,168	1,856	2,443	2,234	2,239	1,651
Cashflow From Investing	59.0%	-15,718	-38,300	-13,904	-10,583	-8,004	-13,465	-41,992	-72,226	-17,009	-108,017	1,293	10,524	-7,445	-11,655	-5,283	19.00	-11,555	-4,914	19,874	-8,484	5,926
Cashflow From Financing	83.0%	-31,262	-184,014	162,965	-24,445	-30,234	-4,494	-11,495	29,526	-25,772	8,743	-3,259	6,305	-35,749	-55,891	-131,287	79,852	30,318	-19,073	-69,129	-15,859	-42,371
Dividend Payments	2.7%	19,404	18,900	18,899	18,752	297	37,360	16,164	16,009	22,050	13,356	13,270	13,041	105	-	-	-	23,398	22,949	22,638	22,444	22,722
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,846	-	-	-	-

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ROIC Income Statement

2024-03-31

Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Rental revenue	$ 84,560	$ 78,999
Other income	770	297
Total revenues	85,330	79,296
Operating expenses
Property operating	14,083	14,202
Property taxes	8,560	8,844
Depreciation and amortization	26,269	25,104
General and administrative expenses	5,682	5,320
Other expense	152	172
Total operating expenses	54,746	53,642
Operating income	30,584	25,654
Non-operating expenses
Interest expense and other finance expenses	(18,919)	(16,958)
Net income	11,665	8,696
Net income attributable to non-controlling interests	(647)	(554)
Net Income Attributable to Retail Opportunity Investments Corp.	$ 11,018	$ 8,142
Earnings per share/unit - basic (in dollars per share)	$ 0.09	$ 0.06
Earnings per share/unit - diluted (in dollars per share)	0.09	0.06
Dividends per share/unit (in dollars per share)	$ 0.15	$ 0.15
Comprehensive income:
Net income	$ 11,665	$ 8,696
Other comprehensive loss:
Unrealized swap derivative gain arising during the period	343	11
Reclassification adjustment for amortization of interest expense included in net income	(383)	(16)
Other comprehensive loss:	(40)	(5)
Comprehensive income	11,625	8,691
Comprehensive income attributable to non-controlling interests	(645)	(554)
Comprehensive income attributable to Retail Opportunity Investments Corp.	10,980	8,137
Retail Opportunity Investments Partnership L.P.
Revenues
Rental revenue	84,560	78,999
Other income	770	297
Total revenues	85,330	79,296
Operating expenses
Property operating	14,083	14,202
Property taxes	8,560	8,844
Depreciation and amortization	26,269	25,104
General and administrative expenses	5,682	5,320
Other expense	152	172
Total operating expenses	54,746	53,642
Operating income	30,584	25,654
Non-operating expenses
Interest expense and other finance expenses	(18,919)	(16,958)
Net income	$ 11,665	$ 8,696
Earnings per share/unit - basic (in dollars per share)	$ 0.09	$ 0.06
Earnings per share/unit - diluted (in dollars per share)	0.09	0.06
Dividends per share/unit (in dollars per share)	$ 0.15	$ 0.15
Comprehensive income:
Net income	$ 11,665	$ 8,696
Other comprehensive loss:
Unrealized swap derivative gain arising during the period	343	11
Reclassification adjustment for amortization of interest expense included in net income	(383)	(16)
Other comprehensive loss:	(40)	(5)
Comprehensive income	$ 11,625	$ 8,691

ROIC Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Real Estate Investments:
Land	$ 965,516	$ 967,251
Building and improvements	2,501,886	2,500,647
Real Estate Investment Property, at Cost, Total	3,467,402	3,467,898
Less: accumulated depreciation	666,875	654,543
Real estate investments, net before mortgage notes receivable	2,800,527	2,813,355
Mortgage note receivable	4,670	4,694
Real Estate Investments, net	2,805,197	2,818,049
Cash and cash equivalents	1,768	6,302
Restricted cash	2,393	2,116
Tenant and other receivables, net	60,781	61,193
Deposit on real estate acquisition	5,000	0
Acquired lease intangible assets, net	41,787	42,791
Prepaid expenses	4,898	3,354
Deferred charges, net	27,199	27,294
Other assets	17,692	16,541
Total assets	2,966,715	2,977,640
Liabilities:
Term loan	199,805	199,745
Credit facility	68,000	75,000
Senior Notes	1,044,057	1,043,593
Mortgage notes payable	59,831	60,052
Acquired lease intangible liabilities, net	133,700	137,820
Accounts payable and accrued expenses	60,807	50,598
Tenants’ security deposits	8,340	8,205
Other liabilities	38,529	39,420
Total liabilities	1,613,069	1,614,433
Commitments and contingencies
Equity/Capital:
Preferred stock, $0.0001 par value 50,000,000 shares authorized; none issued and outstanding	0	0
Common stock, $0.0001 par value, 500,000,000 shares authorized; 127,457,854 and 126,904,085 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	13	13
Additional paid-in capital	1,643,300	1,643,908
Accumulated dividends in excess of earnings	(365,300)	(357,160)
Accumulated other comprehensive income	521	559
Total Retail Opportunity Investments Corp. stockholders’ equity	1,278,534	1,287,320
Non-controlling interests	75,112	75,887
Total equity/capital	1,353,646	1,363,207
Total liabilities and equity/capital	2,966,715	2,977,640
Retail Opportunity Investments Partnership L.P.
Real Estate Investments:
Land	965,516	967,251
Building and improvements	2,501,886	2,500,647
Real Estate Investment Property, at Cost, Total	3,467,402	3,467,898
Less: accumulated depreciation	666,875	654,543
Real estate investments, net before mortgage notes receivable	2,800,527	2,813,355
Mortgage note receivable	4,670	4,694
Real Estate Investments, net	2,805,197	2,818,049
Cash and cash equivalents	1,768	6,302
Restricted cash	2,393	2,116
Tenant and other receivables, net	60,781	61,193
Deposit on real estate acquisition	5,000	0
Acquired lease intangible assets, net	41,787	42,791
Prepaid expenses	4,898	3,354
Deferred charges, net	27,199	27,294
Other assets	17,692	16,541
Total assets	2,966,715	2,977,640
Liabilities:
Term loan	199,805	199,745
Credit facility	68,000	75,000
Senior Notes	1,044,057	1,043,593
Mortgage notes payable	59,831	60,052
Acquired lease intangible liabilities, net	133,700	137,820
Accounts payable and accrued expenses	60,807	50,598
Tenants’ security deposits	8,340	8,205
Other liabilities	38,529	39,420
Total liabilities	1,613,069	1,614,433
Commitments and contingencies
Equity/Capital:
ROIC capital	1,278,013	1,286,761
Limited partners’ capital	75,081	75,854
Accumulated other comprehensive income	552	592
Total equity/capital	1,353,646	1,363,207
Total liabilities and equity/capital	$ 2,966,715	$ 2,977,640

About Retail Opportunity Investments Corp

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 June 30, 2023, ROIC owned 93 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. 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.

CEO	Mr. Stuart A. Tanz
WEBSITE	roireit.net
INDUSTRY	REIT Mortgage
EMPLOYEES	70

Retail Opportunity Investments Corp Frequently Asked Questions

What is the ticker symbol for Retail Opportunity Investments Corp? What does ROIC stand for in stocks?

ROIC is the stock ticker symbol of Retail Opportunity Investments Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Retail Opportunity Investments Corp (ROIC)?

As of Fri May 17 2024, market cap of Retail Opportunity Investments Corp is 1.63 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ROIC stock?

You can check ROIC's fair value in chart for subscribers.

What is the fair value of ROIC stock?

You can check ROIC's fair value in chart for subscribers. The fair value of Retail Opportunity Investments Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Retail Opportunity Investments Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ROIC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Retail Opportunity Investments Corp a good stock to buy?

The fair value guage provides a quick view whether ROIC is over valued or under valued. Whether Retail Opportunity Investments Corp is cheap or expensive depends on the assumptions which impact Retail Opportunity Investments Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ROIC.

What is Retail Opportunity Investments Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ROIC's PE ratio (Price to Earnings) is 43.51 and Price to Sales (PS) ratio is 4.88. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ROIC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Retail Opportunity Investments Corp's stock?

In the past 10 years, Retail Opportunity Investments Corp has provided 0.009 (multiply by 100 for percentage) rate of return.