Retail Opportunity Investments (NASDAQ:ROIC)‘s stock had its “overweight” rating reaffirmed by Capital One Financial in a report issued on Monday. Capital One Financial also issued estimates for Retail Opportunity Investments’ Q4 2017 earnings at $0.29 EPS, Q1 2018 earnings at $0.29 EPS, Q2 2018 earnings at $0.29 EPS, Q3 2018 earnings at $0.30 EPS, Q4 2018 earnings at $0.31 EPS, FY2018 earnings at $1.19 EPS and FY2019 earnings at $1.24 EPS.
ROIC has been the subject of a number of other research reports. Jefferies Group set a $20.00 price objective on Retail Opportunity Investments and gave the company a “hold” rating in a research note on Tuesday, October 31st. Citigroup reduced their price objective on Retail Opportunity Investments from $20.50 to $20.00 and set a “neutral” rating for the company in a research note on Monday, October 30th. Royal Bank of Canada restated a “buy” rating and issued a $22.00 price objective on shares of Retail Opportunity Investments in a research note on Monday, October 30th. BidaskClub downgraded Retail Opportunity Investments from a “sell” rating to a “strong sell” rating in a research note on Tuesday, January 30th. Finally, Zacks Investment Research upgraded Retail Opportunity Investments from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $22.00.
Retail Opportunity Investments (NASDAQ:ROIC) opened at $17.13 on Monday. The stock has a market capitalization of $1,880.00, a price-to-earnings ratio of 55.26, a price-to-earnings-growth ratio of 2.04 and a beta of 0.58. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.64 and a quick ratio of 1.64. Retail Opportunity Investments has a 12 month low of $16.21 and a 12 month high of $22.37.
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About Retail Opportunity Investments
Retail Opportunity Investments Corp. (ROIC) is a fully integrated, self-managed real estate investment trust (REIT). The Company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores.
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