Somewhat Positive Press Coverage Somewhat Unlikely to Affect Retail Opportunity Investments (ROIC) Share Price

Press coverage about Retail Opportunity Investments (NASDAQ:ROIC) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Retail Opportunity Investments earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 45.9842617141858 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several research firms recently issued reports on ROIC. Zacks Investment Research lowered Retail Opportunity Investments from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Royal Bank Of Canada raised Retail Opportunity Investments from a “sector perform” rating to an “outperform” rating and set a $23.00 price objective for the company in a research note on Thursday, August 17th. KeyCorp reaffirmed a “hold” rating on shares of Retail Opportunity Investments in a research note on Friday, August 25th. Robert W. Baird reaffirmed a “buy” rating and set a $22.00 price target on shares of Retail Opportunity Investments in a research note on Thursday, August 24th. Finally, Jefferies Group lowered Retail Opportunity Investments from a “buy” rating to a “hold” rating and dropped their price target for the stock from $25.00 to $21.00 in a research note on Friday, September 15th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $22.00.

Shares of Retail Opportunity Investments (NASDAQ:ROIC) traded down $0.39 during mid-day trading on Tuesday, reaching $19.45. The company’s stock had a trading volume of 1,183,983 shares, compared to its average volume of 897,458. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.64 and a current ratio of 1.64. Retail Opportunity Investments has a 52-week low of $17.87 and a 52-week high of $22.37. The company has a market capitalization of $2,141.93, a price-to-earnings ratio of 17.59, a P/E/G ratio of 2.54 and a beta of 0.68.

Retail Opportunity Investments (NASDAQ:ROIC) last issued its quarterly earnings results on Tuesday, October 24th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.21). Retail Opportunity Investments had a return on equity of 2.86% and a net margin of 14.13%. The firm had revenue of $67.97 million for the quarter, compared to the consensus estimate of $68.34 million. During the same period last year, the firm earned $0.26 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. equities analysts expect that Retail Opportunity Investments will post 1.13 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, December 14th will be paid a $0.188 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date is Wednesday, December 13th. Retail Opportunity Investments’s dividend payout ratio (DPR) is presently 220.59%.

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About Retail Opportunity Investments

Retail Opportunity Investments Corp. (ROIC) is a fully integrated, self-managed real estate investment trust (REIT). The Company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores.

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