ROIC Stock Recent News

Steel Dynamics has compounded NOPAT by 19% annually since 2019, with ROIC rising from 11.96% to 15.15%, showcasing strong profitability and management alignment with shareholder interests. The firm has consistently earned economic profits, totaling $8.7 billion since 2019, by maintaining a ROIC greater than its WACC. Despite its profitability, STLD is priced for a 3% permanent decline in NOPAT, presenting a value investment opportunity.

ROIC's portfolio shows strong demand and high occupancy but the REIT has experienced a deceleration in growth and FFO declines. Despite a solid balance sheet and diversified tenant base, the stock's current price is inflated due to an acquisition rumor. Given the mediocre performance, low yield, and high price level, I think holding off on buying ROIC until the prospect of an acquisition is resolved is most wise.

Retail Opportunity Investments (ROIC) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.27 per share a year ago.

SAN DIEGO, July 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and six months ended June 30, 2024.

With a target price of $15/share and a "BUY" rating, ROIC presents a solid opportunity for investors looking for long-term growth and stability in their portfolio. ROIC is a REIT with strong fundamentals, stable portfolio, and potential for outperformance, making it a compelling investment option. Despite not being a class leader, ROIC offers diversification potential, attractive yield, and potential for a buyout, making it a worthwhile investment.

Retail Opportunity Investments operates grocery-anchored shopping centers with a focus on the West Coast. Q1 2024 occupancy was down 1.9% Y/Y to 96.4% but is expected to recover quickly. Net debt accounts for 45% of enterprise value but there are no maturities after 2028 despite well-laddered structure.

Retail Opportunity Investments is a West Coast-focused REIT with strong fundamentals and a portfolio of grocery-anchored shopping centers. The company's valuation has dropped, making it an attractive investment with potential for multi-year rates of return. ROIC is a potential takeover target for companies like Kimco Realty, which could further strengthen its portfolio.

SAN DIEGO, March 11, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the first quarter ended March 31, 2024, after the market closes on April 23, 2024. The Company will conduct a conference call and audio webcast on Wednesday, April 24, 2024, at 9:00 a.m. Eastern Time / 6:00 a.m. Pacific Time.

Retail Opportunity Investments Corp. is an undervalued shopping center REIT focused on the U.S. West Coast.

Investing has a lot to do with common sense. However, making investment decisions without looking at some of the basic financials and ratios would be dangerous.