Q1 Earnings Forecast for ROIC Issued By KeyCorp

Retail Opportunity Investments Corp. (NASDAQ:ROIC) – Equities research analysts at KeyCorp issued their Q1 2025 earnings per share (EPS) estimates for shares of Retail Opportunity Investments in a research report issued on Monday, November 4th. KeyCorp analyst T. Thomas forecasts that the real estate investment trust will post earnings of $0.25 per share for the quarter. KeyCorp currently 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 announced its quarterly earnings results on Tuesday, October 22nd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.01). The company had revenue of $83.50 million during the quarter, compared to analyst estimates of $82.13 million. Retail Opportunity Investments had a net margin of 17.38% and a return on equity of 4.32%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.27 earnings per share.

Other research analysts also recently issued research reports about the stock. Raymond James downgraded shares of Retail Opportunity Investments from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 30th. Wells Fargo & Company lifted their price target on Retail Opportunity Investments from $13.50 to $16.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 28th. StockNews.com upgraded Retail Opportunity Investments from a “sell” rating to a “hold” rating in a research report on Monday, August 19th. Finally, Bank of America began coverage on Retail Opportunity Investments in a research report on Thursday, October 24th. They issued an “underperform” rating and a $14.00 price objective for the company. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $15.50.

Retail Opportunity Investments Stock Performance

ROIC opened at $16.59 on Wednesday. The stock has a market cap of $2.13 billion, a P/E ratio of 36.07 and a beta of 1.44. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.92 and a quick ratio of 1.92. The firm has a fifty day moving average price of $15.64 and a 200 day moving average price of $14.03. Retail Opportunity Investments has a 1 year low of $11.80 and a 1 year high of $17.17.

Hedge Funds Weigh In On Retail Opportunity Investments

A number of hedge funds have recently made changes to their positions in the company. GSA Capital Partners LLP acquired a new stake in shares of Retail Opportunity Investments in the third quarter worth approximately $775,000. Easterly Investment Partners LLC acquired a new stake in Retail Opportunity Investments during the 3rd quarter worth $4,556,000. Principal Financial Group Inc. boosted its stake in Retail Opportunity Investments by 1.3% during the 3rd quarter. Principal Financial Group Inc. now owns 6,107,593 shares of the real estate investment trust’s stock worth $96,072,000 after purchasing an additional 75,803 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Retail Opportunity Investments by 12.3% during the third quarter. Van ECK Associates Corp now owns 21,302 shares of the real estate investment trust’s stock worth $338,000 after buying an additional 2,338 shares in the last quarter. Finally, abrdn plc raised its position in shares of Retail Opportunity Investments by 10.5% in the third quarter. abrdn plc now owns 24,812 shares of the real estate investment trust’s stock valued at $390,000 after buying an additional 2,367 shares during the last quarter. Institutional investors and hedge funds own 97.16% of the company’s stock.

Retail Opportunity Investments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 20th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.62%. The ex-dividend date is Friday, December 20th. Retail Opportunity Investments’s payout ratio is 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.