Analysts Rate Retail Opportunity Investments Corp. as a ‘Hold’
August 15, 2023
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Retail Opportunity Investments ($NASDAQ:ROIC) Corp. (ROIC) is a real estate investment trust that focuses on acquiring shopping centers in urban and suburban markets. The company is engaged in acquiring, owning, developing, redeveloping, leasing, and managing shopping centers in the United States. Recently, the stock of ROIC has been given an average rating of “Hold” by the four analysts currently covering it. Analysts have noted that the company’s current stock performance may not be a reflection of its potential and that investors should not take the “Hold” rating as a sign of pessimism. They highlighted that ROIC’s strong financial position can provide a solid platform for potential future growth and opportunities.
They also highlighted that ROIC has consistently delivered on its promises and managed to beat expectations over the past years. Overall, analysts are cautiously optimistic about the company’s future prospects and advise potential investors to keep a close watch on the performance of its stock. They believe that ROIC is well poised to take advantage of any future opportunities that may arise, and therefore it is best to keep it on a ‘Hold’ rating for now.
Market Price
Analysts have rated Retail Opportunity Investments Corp. (RETAIL) as a “Hold”. On Monday, the stock opened at $14.9 and closed at the same price, up 0.6% from the prior closing price of 14.8. This suggests that despite its recent gains, the stock is not predicted to increase significantly in the near future. Investors have viewed RETAIL with caution, compared to other retail stocks, which have seen more positive ratings from analysts.
Additionally, there are concerns in the market about the company’s long-term prospects due to the current economic climate. At this time, analysts are taking a ‘wait and see’ approach with RETAIL and suggest that investors take a similar approach. As such, while the stock may see some short-term gains, long-term investments should be carefully considered before investing in the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ROIC. More…
| Total Revenues | Net Income | Net Margin |
| 319.57 | 46.59 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ROIC. More…
| Operations | Investing | Financing |
| 145.7 | -144.69 | -12.23 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ROIC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.98k | 1.61k | 10.25 |
Key Ratios Snapshot
Some of the financial key ratios for ROIC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 34.0% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we analyze RETAIL OPPORTUNITY INVESTMENTS’s fundamentals in order to provide a comprehensive risk assessment. According to our Risk Rating, this investment enjoys a low risk profile in terms of financial and business aspects. That said, there is one risk warning in the balance sheet that we have detected. If you register with us, you can access more information about this risk warning and other key insights relevant to your decision about investing in RETAIL OPPORTUNITY INVESTMENTS. More…
Peers
The company’s competitors include NewRiver REIT PLC, RPT Realty, and Japan Metropolitan Fund Investment Corp.
– NewRiver REIT PLC ($LSE:NRR)
NewRiver REIT PLC is a Real Estate Investment Trust that focuses on retail and leisure assets in the United Kingdom. The company has a market capitalization of 216.81 million as of 2022. NewRiver REIT PLC is headquartered in London, United Kingdom.
– RPT Realty ($NYSE:RPT)
RPT Realty has a market cap of $853.34 million as of 2022. The company is a real estate investment trust that focuses on owning, operating, and redeveloping properties in the United States. RPT Realty’s portfolio consists of shopping centers, retail parks, and street retail properties.
– Japan Metropolitan Fund Investment Corp ($TSE:8953)
The Tokyo Metropolitan Government is the largest metropolitan government in the world, with a market capitalization of over $760 billion. The Tokyo Metropolitan Government is responsible for the administration of the Tokyo metropolitan area, which includes the city of Tokyo and its surrounding prefectures. The Tokyo Metropolitan Government is comprised of the Governor of Tokyo, who is elected to a four-year term, and the Tokyo Metropolitan Assembly, which is composed of 127 members who are elected to four-year terms. The Tokyo Metropolitan Government is responsible for the administration of a number of services and functions in the Tokyo metropolitan area, including transportation, public safety, and waste management.
Summary
Retail Opportunity Investments Corp. (ROIC) is a real estate investment trust that focuses on the acquisition, ownership, and management of necessity-based community and power shopping centers. Analysis of the company’s stock has resulted in an average rating of “Hold” by four analysts. ROIC has been successful in generating revenues from rents and tenant reimbursements and is considered a relatively safe investment due to its generally low volatility. ROIC offers an attractive dividend yield and has a solid balance sheet with ample liquidity.
However, there are some risks associated with investing in ROIC, such as tenant concentration, lease-rate risks, and competition from online retailers. Investors should carefully consider these risks before investing in ROIC.
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