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Retail Opportunity Investments Corp   (ROIC)
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Price: $12.7700 $-0.05 -0.390%
Day's High: $12.95 Week Perf: -2.22 %
Day's Low: $ 12.68 30 Day Perf: -8.79 %
Volume (M): 2,115 52 Wk High: $ 15.17
Volume (M$): $ 27,012 52 Wk Avg: $13.24
Open: $12.73 52 Wk Low: $10.99



 Market Capitalization (Millions $) 1,633
 Shares Outstanding (Millions) 128
 Employees 231
 Revenues (TTM) (Millions $) 328
 Net Income (TTM) (Millions $) 37
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 71

Retail Opportunity Investments Corp
Retail Opportunity Investments Corp (ROIC) is a publicly-traded, real estate investment trust (REIT) that specializes in acquiring, owning, and operating shopping centers in densely populated communities of the United States. The company was founded in 2007 and is headquartered in San Diego, California.

ROIC's portfolio consists of over 90 properties, with a total gross leasable area of approximately 10 million square feet, located in prime retail corridors in California, New York, New Jersey, Oregon, Maryland, Virginia, and Washington. The properties are anchored by grocery stores, drugstores, and other necessity-based retailers, making them resistant to the headwinds faced by traditional retail.

ROIC's primary strategy is focused on acquiring grocery-anchored shopping centers and enhancing them through active asset management, re-tenanting, and redevelopment. The company aims to deliver high-quality, well-located shopping centers that meet the needs of its customers while providing stable, predictable income for its shareholders.

ROIC's management team has deep expertise in retail real estate and a proven track record of creating value through its property portfolio. The company has a conservative balance sheet with low leverage, providing flexibility to pursue growth opportunities as they arise.

ROIC's shares are publicly traded on the NASDAQ exchange under the ticker symbol "ROIC". As of October 2021, the company had a market capitalization of approximately $3.5 billion and paid an annual dividend yield of around 4%.


   Company Address: 11250 El Camino Real San Diego, 92130 CA
   Company Phone Number: 677-0900   Stock Exchange / Ticker: NASDAQ ROIC
   


   

Stock Performances by Major Competitors

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Retail Opportunity Investments Corp

Disappointing Earnings Overshadowed by Modest Revenue Growth in Retail Opportunity Investments Corp's Fourth Quarter of 2023

Retail Opportunity Investments Corp (ROIC) is a real estate investment trust (REIT) that recently reported conflicting financial results for the fourth quarter of 2023. While the company saw a 5.559% increase in revenue, reaching $84.65 million compared to $80.19 million the previous year, its earnings per share (EPS) dropped by -32.06% to $0.06 per share from $0.09 in the prior year reporting period.
Despite the decline in EPS, ROIC's business saw improvement compared to other companies in the REIT sector during the same reporting period. On average, ROIC had an 8.45% increase in business, surpassing its contemporaries in the sector. Additionally, revenue increased by 3.555% from $81.75 million in the preceding period, although profits fell by -12.65% from $0.07 per share.

Dividend

Retail Opportunity Investments Corp. Announces Tax Reporting for 2023 Distributions: How Will It Impact Shareholder Decisions?

Published Tue, Jan 16 2024 2:00 PM UTC

Retail Opportunity Investments Corp. (ROIC), a well-known retail real estate company, recently released important information regarding the tax reporting for its 2023 distributions on its common stock. The company has shared the expected federal tax treatment of these distributions as it will be reported on Form 1099-DIV. As of the writing of this article, these facts can im...

Retail Opportunity Investments Corp

ROIC Faces Profit Deterioration Amidst Surging Orders: An In-depth Analysis of Q3 2023 Financial Report

Retail Opportunity Investments Corp (ROIC) recently released their financial report for the third quarter of 2023, revealing some concerning figures. While their revenue increased by 4.75% to $81.75 million compared to the previous year, their net profit per share plummeted by -53.33% to $0.07 per share. This is a significant drop from the $0.15 per share income in the same period the previous year.
However, despite these declining figures, ROIC's business growth remained steady compared to its Real Estate Investment Trusts (REITs) sector peers, reporting an 11.95% increase from the previous year's financial reporting period. In the prior financial reporting period, ROIC achieved a revenue of $82.04 million and a bottom line of $0.08 per share.

Retail Opportunity Investments Corp

Retail Opportunity Investments Corp Reports Lower Profits Despite Increased Revenue in Fiscal Year Ending June 30, 2023



Retail Opportunity Investments Corp (ROIC) has experienced a mix of both positive and negative trends in terms of its share performance and financial results over the past few months. While recent growth in share prices and a relatively strong position above its 52-week low are encouraging signs, the company's reported declining EPS and challenges in its business sector suggest potential impacts on ROIC going forward.
Share Performance Overview:
Over the past three months, ROIC shares have declined by 9.65%. However, in the last month, they have rebounded, showing an increase of 8.66%. Additionally, the shares are currently trading 20.6% higher than their 52-week low, which suggests some resilience in the company.






 

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