Retail Opportunity Investments (ROIC) Stock Forecast, Price Target & Predictions
ROIC Stock Forecast
Retail Opportunity Investments stock forecast is as follows: an average price target of $15.83 (represents a -8.55% downside from ROIC’s last price of $17.31) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
ROIC Price Target
The average price target for Retail Opportunity Investments (ROIC) is $15.83 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $17.50 to $14.00. This represents a potential -8.55% downside from ROIC's last price of $17.31.
ROIC Analyst Ratings
According to 4 Wall Street analysts, Retail Opportunity Investments's rating consensus is 'Hold'. The analyst rating breakdown for ROIC stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 4 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Retail Opportunity Investments Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 07, 2024 | Dori Kesten | Wells Fargo | $17.50 | $16.58 | 5.55% | 1.10% |
| Oct 24, 2024 | Jeffrey Spector | Bank of America Securities | $14.00 | $15.89 | -11.89% | -19.12% |
| Oct 23, 2024 | Wesley Golladay | Robert W. Baird | $16.00 | $15.67 | 2.11% | -7.57% |
| Jul 05, 2024 | Wesley Golladay | Robert W. Baird | $15.00 | $12.44 | 20.58% | -13.34% |
The latest Retail Opportunity Investments stock forecast, released on Nov 07, 2024 by Dori Kesten from Wells Fargo, set a price target of $17.50, which represents a 5.55% increase from the stock price at the time of the forecast ($16.58), and a 1.10% increase from ROIC last price ($17.31).
Retail Opportunity Investments Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 4 |
| Avg Price Target | - | $15.83 | $15.63 |
| Last Closing Price | $17.31 | $17.31 | $17.31 |
| Upside/Downside | -100.00% | -8.55% | -9.71% |
In the current month, the average price target of Retail Opportunity Investments stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Retail Opportunity Investments's last price of $17.31. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 05, 2024 | KeyBanc | Overweight | Sector Weight | Downgrade |
| Oct 30, 2024 | Raymond James | Outperform | Market Perform | Downgrade |
| Aug 28, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 16, 2024 | Raymond James | Outperform | Outperform | Hold |
| Apr 05, 2024 | Bank of America Securities | Underperform | Downgrade | |
| Jan 05, 2024 | KeyBanc | Overweight | Upgrade | |
| Sep 05, 2023 | Raymond James | Outperform | Upgrade | |
| Apr 25, 2022 | Zacks Investment Research | Hold | Upgrade |
Retail Opportunity Investments's last stock rating was published by KeyBanc on Nov 05, 2024. The company Downgrade its ROIC rating from "Overweight" to "Sector Weight".
Retail Opportunity Investments Financial Forecast
Retail Opportunity Investments Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $84.65M | $81.75M | $82.04M | $79.30M | $79.28M | $78.04M | $78.22M | $76.47M | $72.80M | $71.39M | $70.73M | $69.19M | $72.92M | $69.77M | $66.55M | $74.87M | $73.62M | $72.44M |
| Avg Forecast | $89.06M | $88.75M | $87.75M | $86.34M | $86.17M | $85.72M | $84.78M | $83.53M | $83.33M | $82.13M | $81.19M | $83.38M | $81.09M | $80.99M | $80.16M | $79.70M | $78.09M | $77.59M | $74.55M | $73.25M | $71.48M | $70.32M | $68.73M | $68.43M | $69.57M | $68.01M | $68.70M | $73.60M | $73.81M | $73.29M |
| High Forecast | $90.14M | $89.84M | $88.81M | $87.40M | $87.22M | $86.77M | $85.81M | $84.24M | $83.98M | $82.14M | $81.19M | $83.44M | $81.73M | $82.35M | $81.13M | $80.67M | $79.04M | $77.59M | $74.55M | $73.25M | $71.48M | $70.32M | $68.73M | $68.43M | $69.57M | $68.01M | $68.70M | $73.60M | $73.81M | $73.29M |
| Low Forecast | $88.28M | $87.98M | $86.98M | $85.59M | $85.42M | $84.98M | $84.04M | $82.96M | $82.77M | $82.13M | $81.19M | $83.33M | $80.44M | $80.09M | $79.46M | $79.01M | $77.41M | $77.59M | $74.55M | $73.25M | $71.48M | $70.32M | $68.73M | $68.43M | $69.57M | $68.01M | $68.70M | $73.60M | $73.81M | $73.29M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.01% | 1.02% | 0.99% | 1.02% | 1.01% | 1.05% | 1.04% | 1.02% | 1.02% | 1.03% | 1.01% | 1.05% | 1.03% | 0.97% | 1.02% | 1.00% | 0.99% |
Retail Opportunity Investments's average Quarter revenue forecast for Mar 24 based on 1 analysts is $83.38M, with a low forecast of $83.33M, and a high forecast of $83.44M. ROIC's average Quarter revenue forecast represents a -1.50% decrease compared to the company's last Quarter revenue of $84.65M (Dec 23).
Retail Opportunity Investments EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-55.35M | $53.98M | $53.28M | $50.76M | $51.99M | $51.14M | $50.95M | $50.44M | $46.40M | $58.30M | $54.33M | $44.94M | $48.27M | $46.18M | $43.89M | $51.14M | $49.34M | $57.42M |
| Avg Forecast | $59.16M | $58.96M | $58.29M | $57.36M | $57.24M | $56.95M | $56.32M | $55.49M | $55.36M | $54.56M | $53.93M | $49.32M | $53.87M | $53.80M | $53.25M | $44.83M | $53.01M | $51.54M | $49.53M | $35.44M | $47.48M | $46.71M | $45.66M | $29.35M | $46.22M | $45.18M | $45.64M | $45.46M | $49.03M | $48.69M |
| High Forecast | $59.88M | $59.68M | $59.00M | $58.06M | $57.94M | $57.64M | $57.00M | $55.96M | $55.79M | $54.56M | $53.93M | $59.18M | $54.29M | $54.70M | $53.90M | $53.80M | $63.61M | $51.54M | $49.53M | $42.53M | $47.48M | $46.71M | $45.66M | $35.22M | $46.22M | $45.18M | $45.64M | $54.55M | $49.03M | $48.69M |
| Low Forecast | $58.65M | $58.45M | $57.78M | $56.86M | $56.75M | $56.45M | $55.83M | $55.11M | $54.99M | $54.56M | $53.93M | $39.45M | $53.44M | $53.20M | $52.79M | $35.87M | $42.41M | $51.54M | $49.53M | $28.35M | $47.48M | $46.71M | $45.66M | $23.48M | $46.22M | $45.18M | $45.64M | $36.36M | $49.03M | $48.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.03% | 1.00% | 1.00% | 1.13% | 0.98% | 0.99% | 1.03% | 1.42% | 0.98% | 1.25% | 1.19% | 1.53% | 1.04% | 1.02% | 0.96% | 1.13% | 1.01% | 1.18% |
2 analysts predict ROIC's average Quarter EBITDA for Dec 23 to be $53.87M, with a high of $54.29M and a low of $53.44M. This is -0.20% lower than Retail Opportunity Investments's previous annual EBITDA (Sep 23) of $53.98M.
Retail Opportunity Investments Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $8.04M | $8.43M | $9.93M | $8.14M | $-5.85M | $3.84M | $-2.78M | $-2.57M | $-5.25M | $21.09M | $16.48M | $7.42M | $8.90M | $6.47M | $4.65M | $12.00M | $10.15M | $17.86M |
| Avg Forecast | - | - | - | - | $10.76M | $9.42M | $9.42M | $8.07M | $8.16M | $9.21M | $8.44M | $11.57M | $8.48M | $9.90M | $10.09M | $10.52M | $9.73M | $12.02M | $9.19M | $8.31M | $9.78M | $8.01M | $8.03M | $4.84M | $8.71M | $6.11M | $7.19M | $10.67M | $12.01M | $10.33M |
| High Forecast | - | - | - | - | $10.93M | $9.57M | $9.57M | $8.39M | $8.29M | $9.25M | $8.46M | $13.88M | $8.61M | $11.31M | $10.25M | $12.62M | $11.67M | $12.02M | $9.19M | $9.98M | $9.78M | $8.01M | $8.03M | $5.81M | $8.71M | $6.11M | $7.19M | $12.80M | $12.01M | $10.33M |
| Low Forecast | - | - | - | - | $10.64M | $9.31M | $9.31M | $7.98M | $8.07M | $9.18M | $8.42M | $9.26M | $8.16M | $9.78M | $9.98M | $8.41M | $7.78M | $12.02M | $9.19M | $6.65M | $9.78M | $8.01M | $8.03M | $3.87M | $8.71M | $6.11M | $7.19M | $8.53M | $12.01M | $10.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.85% | 0.98% | 0.77% | -0.60% | 0.32% | -0.30% | -0.31% | -0.54% | 2.63% | 2.05% | 1.53% | 1.02% | 1.06% | 0.65% | 1.13% | 0.85% | 1.73% |
Retail Opportunity Investments's average Quarter net income forecast for Mar 24 is $11.57M, with a range of $9.26M to $13.88M. ROIC's average Quarter net income forecast represents a 44.00% increase compared to the company's last Quarter net income of $8.04M (Dec 23).
Retail Opportunity Investments SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $5.27M | $5.49M | $5.78M | $5.32M | $5.59M | $5.20M | $5.70M | $5.24M | $5.30M | $4.75M | $5.23M | $4.38M | $4.78M | $4.10M | $3.93M | $28.29M | $28.39M | $28.66M |
| Avg Forecast | $5.80M | $5.78M | $5.71M | $5.62M | $5.61M | $5.58M | $5.52M | $5.44M | $5.43M | $5.35M | $5.29M | $5.21M | $5.28M | $5.27M | $5.22M | $4.73M | $6.06M | $5.05M | $4.86M | $3.74M | $4.65M | $4.58M | $4.48M | $2.86M | $4.53M | $4.43M | $4.47M | $25.14M | $4.81M | $4.77M |
| High Forecast | $5.87M | $5.85M | $5.78M | $5.69M | $5.68M | $5.65M | $5.59M | $5.49M | $5.47M | $5.35M | $5.29M | $6.25M | $5.32M | $5.36M | $5.28M | $5.68M | $7.27M | $5.05M | $4.86M | $4.49M | $4.65M | $4.58M | $4.48M | $3.43M | $4.53M | $4.43M | $4.47M | $30.17M | $4.81M | $4.77M |
| Low Forecast | $5.75M | $5.73M | $5.66M | $5.57M | $5.56M | $5.53M | $5.47M | $5.40M | $5.39M | $5.35M | $5.29M | $4.17M | $5.24M | $5.22M | $5.17M | $3.79M | $4.84M | $5.05M | $4.86M | $2.99M | $4.65M | $4.58M | $4.48M | $2.29M | $4.53M | $4.43M | $4.47M | $20.11M | $4.81M | $4.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.04% | 1.11% | 1.12% | 0.92% | 1.03% | 1.17% | 1.40% | 1.14% | 1.04% | 1.17% | 1.53% | 1.06% | 0.93% | 0.88% | 1.13% | 5.91% | 6.00% |
Retail Opportunity Investments's average Quarter SG&A projection for Mar 24 is $5.21M, based on 1 Wall Street analysts, with a range of $4.17M to $6.25M. The forecast indicates a -1.10% fall compared to ROIC last annual SG&A of $5.27M (Dec 23).
Retail Opportunity Investments EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.06 | $0.07 | $0.08 | $0.06 | $-0.05 | $0.03 | $-0.02 | $-0.02 | $-0.04 | $0.17 | $0.14 | $0.06 | $0.08 | $0.06 | $0.04 | $0.10 | $0.09 | $0.16 |
| Avg Forecast | - | - | - | - | $0.08 | $0.07 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.07 | $0.06 | $0.07 | $0.07 | $0.08 | $0.09 | $0.09 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.04 | $0.06 | $0.05 | $0.05 | $0.09 | $0.09 | $0.08 |
| High Forecast | - | - | - | - | $0.08 | $0.07 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.07 | $0.06 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.04 | $0.06 | $0.05 | $0.05 | $0.09 | $0.09 | $0.08 |
| Low Forecast | - | - | - | - | $0.08 | $0.07 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.07 | $0.06 | $0.07 | $0.07 | $0.08 | $0.08 | $0.09 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.04 | $0.06 | $0.05 | $0.05 | $0.09 | $0.09 | $0.08 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.95% | 1.07% | 0.77% | -0.54% | 0.33% | -0.33% | -0.28% | -0.59% | 2.85% | 2.34% | 1.40% | 1.23% | 1.32% | 0.75% | 1.13% | 1.01% | 2.08% |
According to 1 Wall Street analysts, Retail Opportunity Investments's projected average Quarter EPS for Mar 24 is $0.07, with a low estimate of $0.07 and a high estimate of $0.07. This represents a 8.94% increase compared to ROIC previous annual EPS of $0.06 (Dec 23).