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Tuesday, January 31, 2023

Is Retail Opportunity Investments Corp. (NASDAQ: ROIC) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Retail Opportunity Investments Corp. (ROIC) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $15.03. The Retail Opportunity Investments Corp. has recorded 26,968 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Retail Opportunity Investments Corp. Reports 2022 Third Quarter Results.


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Stocks Info

Retail Opportunity Investments Corp. is listed on the NASDAQ in the Real Estate sector while operating in the REIT – Retail industry. At the end of the last regular session, the stock closed at $15.03 and fluctuated between $15.11 as its day high and $14.91 as its day low. The current market capitalization of Retail Opportunity Investments Corp. is $1.88B. A total of 0.76 million shares were traded on the day, compared to an average of 1.10M shares.

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ROIC has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 6,425 shares. Over the last 12 months, there were 5 BUYs and 1 SELLs from insiders. Insiders purchased 193,493 shares during that period but sold 6,425.

In the most recent transaction, POMERANTZ LAURA H sold 6,425 shares of ROIC for 15.55 per share on Dec 12. After the transaction, the Director now owns 59,704 company shares.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Retail Opportunity Investments Corp. pays an annual dividend of $0.60, resulting in a dividend yield of 3.99%, and it has a price to earnings (P/E) ratio of 39.87. ROIC’s most recent ex-dividend date was 12/14/2022 when it declared a $0.15 quarterly dividend that was paid in cash on 12/29/2022. Previously, the company paid the dividend on 10/7/2022 with an ex-dividend date of 9/15/2022. The ROIC stock dividend was $0.15 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ROIC in the last 3 months, the mean price target is $17.06 with high estimates of $20.00 and low estimates of $15.00. In terms of 52-week highs and lows, ROIC has a high of $20.09 and a low of $13.35.

As of this writing, ROIC has an earnings estimate of $0.09 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.1 per share and a lower estimate of $0.09. The company reported an EPS of $0.09 in the last quarter, which was 28.60% higher than expectations of $0.07.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 10 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ROIC is Hold with a score of 3.43. A total of 2 analysts rated the stock as Buy while 2 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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