Q1 Earnings Estimate for ROIC Issued By KeyCorp

Retail Opportunity Investments Corp. (NASDAQ:ROIC) – Equities researchers at KeyCorp issued their Q1 2025 earnings per share estimates for Retail Opportunity Investments in a note issued to investors 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 earnings results on Tuesday, October 22nd. The real estate investment trust reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $83.50 million during the quarter, compared to the consensus estimate of $82.13 million. During the same quarter in the previous year, the firm earned $0.27 EPS. The business’s quarterly revenue was up 2.5% compared to the same quarter last year.

Other analysts have also issued reports about the stock. Bank of America started coverage on shares of Retail Opportunity Investments in a research report on Thursday, October 24th. They set an “underperform” rating and a $14.00 price target for the company. StockNews.com upgraded Retail Opportunity Investments from a “sell” rating to a “hold” rating in a report on Monday, August 19th. Raymond James cut Retail Opportunity Investments from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 30th. Robert W. Baird reissued a “neutral” rating and set a $17.50 price objective (up previously from $16.00) on shares of Retail Opportunity Investments in a research note on Thursday. Finally, Wells Fargo & Company lifted their target price on shares of Retail Opportunity Investments from $13.50 to $16.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. Based on data from MarketBeat.com, Retail Opportunity Investments presently has an average rating of “Hold” and a consensus price target of $15.90.

Retail Opportunity Investments Price Performance

Shares of Retail Opportunity Investments stock opened at $17.32 on Wednesday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.92 and a current ratio of 1.92. Retail Opportunity Investments has a 52-week low of $11.80 and a 52-week high of $17.40. The company has a fifty day moving average of $15.71 and a 200-day moving average of $14.07. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 37.65 and a beta of 1.44.

Retail Opportunity Investments Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 20th will be given a $0.15 dividend. The ex-dividend date is Friday, December 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.46%. Retail Opportunity Investments’s dividend payout ratio is currently 130.43%.

Hedge Funds Weigh In On Retail Opportunity Investments

A number of hedge funds and other institutional investors have recently made changes to their positions in ROIC. Principal Financial Group Inc. increased its position in Retail Opportunity Investments by 20.4% during the 2nd quarter. Principal Financial Group Inc. now owns 6,031,790 shares of the real estate investment trust’s stock valued at $74,975,000 after purchasing an additional 1,020,314 shares during the period. Centersquare Investment Management LLC boosted its stake in shares of Retail Opportunity Investments by 6.5% during the 1st quarter. Centersquare Investment Management LLC now owns 9,319,113 shares of the real estate investment trust’s stock valued at $114,346,000 after purchasing an additional 571,370 shares in the last quarter. Lasalle Investment Management Securities LLC increased its position in shares of Retail Opportunity Investments by 14.8% during the first quarter. Lasalle Investment Management Securities LLC now owns 3,649,182 shares of the real estate investment trust’s stock valued at $46,783,000 after buying an additional 469,905 shares during the period. Easterly Investment Partners LLC bought a new position in Retail Opportunity Investments in the third quarter worth about $4,556,000. Finally, Vanguard Group Inc. raised its stake in Retail Opportunity Investments by 0.8% in the first quarter. Vanguard Group Inc. now owns 19,815,894 shares of the real estate investment trust’s stock worth $254,040,000 after buying an additional 160,068 shares in the last quarter. Institutional investors own 97.16% of the company’s stock.

Retail Opportunity Investments Company Profile

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.