Home Dividends High Dividend Yield Stock Valuation: Retail Opportunity Investments Corp. (NASDAQ: ROIC)

Stock Valuation: Retail Opportunity Investments Corp. (NASDAQ: ROIC)

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Retail Opportunity Investments Corp. is part of the REITs industry and is in 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 1.24% with an open at 17.00 and a close of 17.17. It reached an intraday high of 17.21 and a low of 16.96.

SeekingAlpha:  Retail REITs: Fears Of Retail Apocalypse 2.0

Liquidity:

The stock has a market cap of $2.0b with 114.3m shares outstanding, of which the float is 111.4m shares. Trading volume reached 671,645 shares compared to its average volume of 727,247 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 1.47% and in the past 30 trading days it returned -2.47%. Over three months, it changed 3.56%. In one year it has changed -1.85% and within that year its 52-week high was 19.80 and its 52-week low was 15.44. ROIC stock is 11.20% above its 52 Week Low.

Our calculations show a 200 day moving average of 17.15 and a 50 day moving average of 17.14. Currently ROIC stock is trading 0.12% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Retail REITs: Fears Of Retail Apocalypse 2.0

Earnings:

The last annual fiscal EPS for the company was reported at 0.37 that ended on 31st of December 2018, which according to the previous close, that is a PE of 46.41. Based on 9 analyst estimates, the consensus EPS for the next quarter is 0.29. The TTM EPS is 1.14, which comes to a TTM PE of 15.06. Historically, the PE high was 96.00 and the PE low was 15.06. ROIC stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/24/2019): 0.12
4thQtr of 2018 (Reported on 02/19/2019): 0.09
3rdQtr of 2018 (Reported on 10/23/2018): 0.12
2ndQtr of 2018 (Reported on 07/25/2018): 0.06
1stQtr of 2018 (Reported on 04/25/2018): 0.09

The dividend per share is currently 0.79, which is a dividend yield of 4.59%.

Base on our calculations, the intrinsic value per share is 17.97, which means it is possibly undervalued and has a margin of safety of 4.44%.

Indicators to Watch:

Based on the latest filings, there is 2.50% of insider ownership.

The current calculated beta is 0.72.

SeekingAlpha:  Oxford Industries, Inc. (OXM) CEO Tom Chubb on Q1 2019 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 3.78%, return on assets is 1.48%, profit margin is 17.01%, price-to-sales is 6.61 and price-to-book is 1.65.

Company Scores:

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