Retail Opportunity Investments Corp. Receives New Coverage from Analysts at Janney Montgomery Scott (ROIC)
Janney Montgomery Scott began coverage on shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC) in a research note issued on Tuesday, AnalystRatingsNetwork reports. The firm set a “buy” rating on the stock.
Shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC) traded up 1.07% on Tuesday, hitting $13.26. 810,250 shares of the company’s stock traded hands. Retail Opportunity Investments Corp. has a one year low of $12.11 and a one year high of $15.79. The stock’s 50-day moving average is $13.47 and its 200-day moving average is $13.92. The company has a market cap of $952.7 million and a P/E ratio of 114.09.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 30th. Shareholders of record on Monday, September 16th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.52%. The ex-dividend date is Thursday, September 12th.
Retail Opportunity Investments Corp. is a fully integrated, self-managed real estate investment trust (NASDAQ:ROIC).
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