What is KeyCorp's Estimate for ROIC Q1 Earnings?

Retail Opportunity Investments Corp. (NASDAQ:ROIC - Free Report) - Analysts at KeyCorp issued their Q1 2025 earnings per share (EPS) estimates for shares of Retail Opportunity Investments in a research note issued to investors on Monday, November 4th. KeyCorp analyst T. Thomas forecasts that the real estate investment trust will post earnings per share of $0.25 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 - Get Free Report) last released its quarterly earnings results on Tuesday, October 22nd. The real estate investment trust reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.01). The firm 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%. Retail Opportunity Investments's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 earnings per share.

A number of other brokerages have also recently commented on ROIC. Bank of America assumed coverage on Retail Opportunity Investments in a research note on Thursday, October 24th. They issued an "underperform" rating and a $14.00 price target for the company. Wells Fargo & Company lifted their price target on shares of Retail Opportunity Investments from $13.50 to $16.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 28th. StockNews.com upgraded shares of Retail Opportunity Investments from a "sell" rating to a "hold" rating in a research report on Monday, August 19th. Finally, Raymond James cut Retail Opportunity Investments from an "outperform" rating to a "market perform" rating in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $15.50.

Retail Opportunity Investments Trading Up 4.6 %

NASDAQ:ROIC traded up $0.76 on Wednesday, hitting $17.35. 34,675,536 shares of the stock were exchanged, compared to its average volume of 662,123. 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 stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 37.72 and a beta of 1.44. The company's 50-day moving average price is $15.67 and its 200 day moving average price is $14.05.

Retail Opportunity Investments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 20th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $0.60 annualized dividend and a yield of 3.46%. Retail Opportunity Investments's dividend payout ratio (DPR) is currently 130.43%.

Institutional Trading of Retail Opportunity Investments

Institutional investors and hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC raised its stake in Retail Opportunity Investments by 1,473.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,872 shares of the real estate investment trust's stock valued at $29,000 after acquiring an additional 1,753 shares during the period. Allworth Financial LP boosted its holdings in shares of Retail Opportunity Investments by 4,320.3% during the 3rd quarter. Allworth Financial LP now owns 3,271 shares of the real estate investment trust's stock worth $51,000 after buying an additional 3,197 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in Retail Opportunity Investments by 35.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,947 shares of the real estate investment trust's stock valued at $77,000 after acquiring an additional 1,289 shares during the period. Meeder Asset Management Inc. acquired a new stake in Retail Opportunity Investments during the second quarter worth approximately $82,000. Finally, Point72 DIFC Ltd boosted its holdings in shares of Retail Opportunity Investments by 71.8% during the second quarter. Point72 DIFC Ltd now owns 7,523 shares of the real estate investment trust's stock worth $94,000 after acquiring an additional 3,145 shares during the period. 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.