Latest Stocks: Retail Opportunity Investments Corp (ROIC) Receives News Impact Rating of 0.51

Latest Stocks: Retail Opportunity Investments Corp (ROIC) Receives News Impact Rating of 0.51

Media stories about Retail Opportunity Investments Corp (NASDAQ:ROIC) have trended very positive this week, according to AlphaOne. The research firm, a unit of Accern, ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Retail Opportunity Investments Corp earned a media sentiment score of 0.51 on AlphaOne’s scale. AlphaOne also gave media coverage about the real estate investment trust an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the immediate future.

Retail Opportunity Investments Corp (NASDAQ:ROIC) opened at 19.64 on Tuesday. The firm’s 50-day moving average is $20.47 and its 200 day moving average is $20.85. The firm has a market capitalization of $2.16 billion, a P/E ratio of 60.62 and a beta of 0.58. Retail Opportunity Investments Corp has a 12 month low of $18.45 and a 12 month high of $23.05.

Retail Opportunity Investments Corp (NASDAQ:ROIC) last issued its earnings results on Wednesday, April 26th. The real estate investment trust reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. The company had revenue of $65.90 million for the quarter, compared to analysts’ expectations of $62.86 million. Retail Opportunity Investments Corp had a net margin of 13.33% and a return on equity of 2.49%. The firm’s revenue was up 17.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.27 EPS. On average, analysts expect that Retail Opportunity Investments Corp will post $0.38 EPS for the current fiscal year. The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 29th. Investors of record on Thursday, June 15th will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend is Tuesday, June 13th. Retail Opportunity Investments Corp’s payout ratio is presently 180.00%.

ROIC has been the subject of several recent research reports. FBR & Co reiterated a “hold” rating on shares of Retail Opportunity Investments Corp in a research note on Wednesday, February 22nd. Zacks Investment Research upgraded Retail Opportunity Investments Corp from a “sell” rating to a “hold” rating in a research note on Thursday, March 2nd. Canaccord Genuity reiterated a “buy” rating and issued a $26.00 price target on shares of Retail Opportunity Investments Corp in a research note on Thursday, April 27th. TheStreet cut Retail Opportunity Investments Corp from a “b” rating to a “c+” rating in a research note on Friday, April 28th. Finally, Jefferies Group LLC restated a “buy” rating and set a $26.00 price objective on shares of Retail Opportunity Investments Corp in a research report on Friday, May 12th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Retail Opportunity Investments Corp has a consensus rating of “Hold” and a consensus price target of $23.64. Retail Opportunity Investments Corp Company Profile

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