Retail Opportunity Investments (NASDAQ:ROIC) Updates FY 2021 After-Hours Earnings Guidance

Share on StockTwits

Retail Opportunity Investments (NASDAQ:ROIC) updated its FY 2021
After-Hours earnings guidance on Tuesday. The company provided earnings per share guidance of 0.95-1.02 for the period.

A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company downgraded shares of Retail Opportunity Investments from an equal weight rating to an underweight rating and boosted their price target for the stock from $9.00 to $14.00 in a research note on Thursday, December 10th. Bank of America raised shares of Retail Opportunity Investments from an underperform rating to a buy rating and boosted their price target for the stock from $11.75 to $16.00 in a research note on Tuesday, January 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. Retail Opportunity Investments currently has an average rating of Hold and a consensus target price of $12.61.

NASDAQ:ROIC traded down $0.02 during trading hours on Tuesday, hitting $16.21. The stock had a trading volume of 3,182,144 shares, compared to its average volume of 1,105,824. Retail Opportunity Investments has a one year low of $5.84 and a one year high of $17.02. The company has a debt-to-equity ratio of 1.12, a quick ratio of 4.05 and a current ratio of 4.05. The company has a market cap of $1.91 billion, a price-to-earnings ratio of 55.97 and a beta of 1.47. The business’s 50 day moving average is $14.56 and its 200-day moving average is $12.54.

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 September 30, 2020, ROIC owned 88 shopping centers encompassing approximately 10.1 million square feet.

See Also: Stocks at 52 Week High

Earnings History and Estimates for Retail Opportunity Investments (NASDAQ:ROIC)

Receive News & Ratings for Retail Opportunity Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Retail Opportunity Investments and related companies with's FREE daily email newsletter.