Home Dividends High Dividend Yield Current Performance: Retail Opportunity Investments Corp. (NASDAQ: ROIC)

Current Performance: Retail Opportunity Investments Corp. (NASDAQ: ROIC)

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Retail Opportunity Investments Corp. trades as part of the REITs industry and trades as part of the real estate sector. The company CEO is Stuart A. Tanz. Retail Opportunity Investments Corp is a self-managed real estate investment trust. The company invests in, leases, and manages retail properties in the United States. Its portfolio consists primarily of community and neighbourhood shopping centres.

Previous Intraday Trading Performance:

The ROIC stock showed a previous change of -0.21% with an open at 19.04 and a close of 18.96. It reached an intraday high of 19.13 and a low of 18.96.

SeekingAlpha:  Retail Opportunity Investments Corp. (ROIC) CEO Stuart Tanz on Q2 2018 Results - Earnings Call Transcript

Liquidity:

The stock has a market cap of $2.1b with 112.8m shares outstanding, of which the float is 110.1m shares. Trading volume reached 587,672 shares compared to its average volume of 912,556 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Retail Opportunity Investments Corp. shares returned -1.71% and in the past 30 trading days it returned -1.76%. Over three months, it changed 10.29%. In one year it has changed -3.59% and within that year its 52-week high was 20.54 and its 52-week low was 16.18. ROIC stock is 17.22% above its 52 Week Low.

Our calculations show a 200 day moving average of 18.07 and a 50 day moving average of 18.87. Currently ROIC stock is trading 4.90% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Retail Opportunity Investments Corp. (ROIC) CEO Stuart Tanz on Q2 2018 Results - Earnings Call Transcript

Earnings:

The last annual fiscal EPS for the company was reported at 0.35 that ended on 31st of December 2017, which according to the previous close, that is a PE of 54.17. Based on 9 analyst estimates, the consensus EPS for the next quarter is 0.29. The TTM EPS is 1.16, which comes to a TTM PE of 16.34. Historically, the PE high was 105.30 and the PE low was 16.34. ROIC stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
06-30-2018:  0.27
03-31-2018:  0.30
12-31-2017:  0.30
09-30-2017:  0.29

The dividend per share is currently 0.78, which is a dividend yield of 4.11%.

Base on our calculations, the intrinsic value per share is 21.62, which means it is possibly undervalued and has a margin of safety of 12.31%

Indicators to Watch:

Based on the latest filings, there is 2.40% of insider ownership. Short-interest is 10,313,512, which is 9.15% of shares outstanding. The short-interest ratio or days-to-cover ratio is 9.48. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.56

SeekingAlpha:  Rayonier Advanced Materials 2018 Q2 - Results - Earnings Call Slides

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 3.20%, return on assets is 1.28%, profit margin is 14.98%, price-to-sales is 7.61 and price-to-book is 1.81.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 2  :Past Performance Score
 1  :Financial Strength Score
 1  :Future Growth Score
 4  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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