What is KeyCorp’s Forecast for ROIC Q1 Earnings?

Retail Opportunity Investments Corp. (NASDAQ:ROIC) – Research analysts at KeyCorp issued their Q1 2025 earnings per share estimates for shares of Retail Opportunity Investments in a research report issued to clients and investors on Monday, November 4th. KeyCorp analyst T. Thomas expects that the real estate investment trust will post earnings per share of $0.25 for the quarter. KeyCorp 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) last announced its quarterly earnings data 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). Retail Opportunity Investments had a net margin of 17.38% and a return on equity of 4.32%. The firm had revenue of $83.50 million during the quarter, compared to analyst estimates of $82.13 million. During the same quarter in the previous year, the business earned $0.27 EPS. Retail Opportunity Investments’s revenue for the quarter was up 2.5% on a year-over-year basis.

Several other equities research analysts have also commented on ROIC. Raymond James lowered shares of Retail Opportunity Investments from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 30th. StockNews.com upgraded shares of Retail Opportunity Investments from a “sell” rating to a “hold” rating in a research report on Monday, August 19th. Wells Fargo & Company increased their target price on shares of Retail Opportunity Investments from $13.50 to $16.00 and gave the company an “equal weight” rating in a report on Wednesday, August 28th. Finally, Bank of America assumed coverage on Retail Opportunity Investments in a research note on Thursday, October 24th. They set an “underperform” rating and a $14.00 price target on the stock. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to MarketBeat.com, Retail Opportunity Investments currently has an average rating of “Hold” and an average target price of $15.50.

Retail Opportunity Investments Stock Up 4.6 %

Retail Opportunity Investments stock opened at $17.35 on Wednesday. The stock’s 50 day moving average price is $15.67 and its 200 day moving average price is $14.05. Retail Opportunity Investments has a 1-year low of $11.80 and a 1-year high of $17.40. The company has a market cap of $2.23 billion, a PE ratio of 37.72 and a beta of 1.44. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.92 and a quick ratio of 1.92.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ROIC. International Assets Investment Management LLC grew its holdings in Retail Opportunity Investments by 1,473.1% during 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 buying an additional 1,753 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Retail Opportunity Investments by 4,320.3% during the third quarter. Allworth Financial LP now owns 3,271 shares of the real estate investment trust’s stock valued at $51,000 after acquiring an additional 3,197 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in Retail Opportunity Investments by 35.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,947 shares of the real estate investment trust’s stock worth $77,000 after purchasing an additional 1,289 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in Retail Opportunity Investments during the 2nd quarter worth about $82,000. Finally, Point72 DIFC Ltd raised its stake in Retail Opportunity Investments by 71.8% in the 2nd quarter. Point72 DIFC Ltd now owns 7,523 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 3,145 shares during the last quarter. 97.16% of the stock is owned by hedge funds and other institutional investors.

Retail Opportunity Investments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.46%. The ex-dividend date is Friday, December 20th. Retail Opportunity Investments’s dividend payout ratio (DPR) is presently 130.43%.

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.