Retail Opportunity Investments (ROIC) Expected to Announce Quarterly Earnings on Monday

Retail Opportunity Investments (NASDAQ:ROIC) is anticipated to announce its earnings results after the market closes on Monday, April 21st. Analysts expect the company to announce earnings of $0.06 per share and revenue of $82.39 million for the quarter.

Retail Opportunity Investments Trading Up 0.1 %

NASDAQ ROIC opened at $17.51 on Friday. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 38.07 and a beta of 1.45. 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 twelve month low of $11.87 and a twelve month high of $17.52. The firm’s 50 day moving average price is $17.51 and its two-hundred day moving average price is $17.17.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Retail Opportunity Investments in a research report on Saturday. They set a “hold” rating for the company. One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $16.20.

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.