Press coverage about Retail Opportunity Investments Corp. (NASDAQ:ROIC) has been trending somewhat positive on Saturday, Accern Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Retail Opportunity Investments Corp. earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.4297642350997 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) traded down 0.69% on Friday, reaching $20.03. 715,729 shares of the company’s stock were exchanged. Retail Opportunity Investments Corp. has a 52-week low of $18.45 and a 52-week high of $22.98. The firm’s 50 day moving average price is $19.84 and its 200 day moving average price is $20.52.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) last announced its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by $0.01. Retail Opportunity Investments Corp. had a return on equity of 2.71% and a net margin of 13.92%. The company had revenue of $66.64 million during the quarter, compared to the consensus estimate of $66.18 million. During the same quarter in the prior year, the firm earned $0.27 earnings per share. The business’s revenue was up 13.6% compared to the same quarter last year. On average, analysts predict that Retail Opportunity Investments Corp. will post $0.37 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, September 14th will be paid a $0.188 dividend. The ex-dividend date of this dividend is Wednesday, September 13th. This is a positive change from Retail Opportunity Investments Corp.’s previous quarterly dividend of $0.19. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.75%. Retail Opportunity Investments Corp.’s payout ratio is currently 227.28%.

A number of brokerages have issued reports on ROIC. Zacks Investment Research downgraded shares of Retail Opportunity Investments Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $23.00 price objective on shares of Retail Opportunity Investments Corp. in a research report on Thursday, July 27th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Retail Opportunity Investments Corp. in a research report on Tuesday, July 25th. TheStreet downgraded shares of Retail Opportunity Investments Corp. from a “b” rating to a “c+” rating in a research report on Friday, April 28th. Finally, Citigroup Inc. reaffirmed a “neutral” rating and issued a $19.00 price objective (down from $21.00) on shares of Retail Opportunity Investments Corp. in a research report on Monday, July 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. Retail Opportunity Investments Corp. has a consensus rating of “Hold” and an average target price of $23.14.

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About Retail Opportunity Investments Corp.

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.

Insider Buying and Selling by Quarter for Retail Opportunity Investments Corp. (NASDAQ:ROIC)

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