Retail Opportunity Investments (ROIC) Set to Announce Earnings on Wednesday

Retail Opportunity Investments (NASDAQ:ROIC) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, February 21st. Analysts expect Retail Opportunity Investments to post earnings of $0.09 per share for the quarter.

Retail Opportunity Investments (NASDAQ ROIC) opened at $17.13 on Wednesday. The stock has a market capitalization of $1,880.00, a PE ratio of 55.26, a P/E/G ratio of 2.04 and a beta of 0.58. Retail Opportunity Investments has a fifty-two week low of $16.21 and a fifty-two week high of $22.37. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.06.

A number of research analysts recently issued reports on the company. Zacks Investment Research lowered Retail Opportunity Investments from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. BidaskClub lowered Retail Opportunity Investments from a “hold” rating to a “sell” rating in a report on Saturday, January 13th. KeyCorp reaffirmed a “neutral” rating on shares of Retail Opportunity Investments in a report on Tuesday, October 24th. Citigroup lowered their target price on Retail Opportunity Investments from $20.50 to $20.00 and set a “neutral” rating on the stock in a report on Monday, October 30th. Finally, Jefferies Group set a $20.00 target price on Retail Opportunity Investments and gave the stock a “hold” rating in a report on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. Retail Opportunity Investments presently has a consensus rating of “Hold” and a consensus price target of $22.00.

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Retail Opportunity Investments Company Profile

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.

Earnings History for Retail Opportunity Investments (NASDAQ:ROIC)

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