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 $15.00 (represents a -6.07% downside from ROIC’s last price of $15.97) and a rating consensus of 'Buy', 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 $15.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $15.00 to $15.00. This represents a potential -6.07% downside from ROIC's last price of $15.97.
ROIC Analyst Ratings
According to 4 Wall Street analysts, Retail Opportunity Investments's rating consensus is 'Buy'. The analyst rating breakdown for ROIC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 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 |
|---|---|---|---|---|---|---|
| Jul 05, 2024 | Wesley Golladay | Robert W. Baird | $15.00 | $12.44 | 20.58% | -6.07% |
The latest Retail Opportunity Investments stock forecast, released on Jul 05, 2024 by Wesley Golladay from Robert W. Baird, set a price target of $15.00, which represents a 20.58% increase from the stock price at the time of the forecast ($12.44), and a -6.07% decrease from ROIC last price ($15.97).
Retail Opportunity Investments Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $15.00 | $15.00 |
| Last Closing Price | $15.97 | $15.97 | $15.97 |
| Upside/Downside | -100.00% | -6.07% | -6.07% |
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 $15.97. 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 |
|---|---|---|---|---|
| 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 Wells Fargo on Aug 28, 2024. The company gave ROIC a "Equal-Weight" rating, the same as its previous rate.
Retail Opportunity Investments Financial Forecast
Retail Opportunity Investments Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $84.65M | $81.75M | $82.04M | $79.30M | $79.28M | $78.04M | - | $76.47M | $72.80M | $71.39M | $70.73M | $69.19M | $72.92M | $69.77M | $66.55M | $74.87M | $73.62M | $72.44M | $72.93M | $76.05M | $75.16M | $73.90M |
| Avg Forecast | $86.49M | $85.64M | $84.64M | $83.40M | $82.65M | $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 | $73.42M | $72.61M | $66.81M | $52.26M |
| High Forecast | $87.46M | $86.61M | $85.59M | $84.34M | $83.58M | $82.49M | $82.11M | $84.32M | $81.73M | $82.35M | $81.06M | $80.60M | $78.97M | $78.47M | $74.55M | $75.08M | $73.26M | $72.07M | $70.45M | $70.14M | $71.31M | $69.71M | $70.42M | $75.44M | $75.66M | $75.12M | $75.25M | $74.42M | $80.17M | $62.71M |
| Low Forecast | $85.70M | $84.86M | $83.86M | $82.64M | $81.89M | $81.77M | $80.45M | $82.62M | $80.44M | $80.09M | $79.43M | $78.98M | $77.38M | $76.89M | $74.55M | $71.66M | $69.93M | $68.79M | $67.24M | $66.95M | $68.06M | $66.54M | $67.21M | $72.00M | $72.21M | $71.70M | $71.83M | $71.04M | $53.45M | $41.81M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | 1.04% | 1.01% | 1.02% | 0.99% | 1.02% | 1.01% | - | 1.04% | 1.02% | 1.02% | 1.03% | 1.01% | 1.05% | 1.03% | 0.97% | 1.02% | 1.00% | 0.99% | 0.99% | 1.05% | 1.13% | 1.41% |
Retail Opportunity Investments's average Quarter revenue forecast for Mar 24 based on 1 analysts is $83.38M, with a low forecast of $82.62M, and a high forecast of $84.32M. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | $-55.35M | $53.98M | $53.28M | $50.76M | $51.99M | $51.14M | - | $50.44M | $46.40M | $58.30M | $54.33M | $44.94M | $48.27M | $46.18M | $43.89M | $51.14M | $49.34M | $57.42M | $47.63M | $53.69M | $50.81M | $55.12M |
| Avg Forecast | $57.45M | $56.89M | $56.22M | $55.40M | $54.90M | $54.56M | $53.93M | $49.32M | $53.87M | $53.80M | $53.25M | $44.83M | $51.87M | $64.14M | $49.53M | $35.44M | $48.19M | $58.30M | $54.33M | $29.35M | $32.18M | $25.40M | $29.26M | $45.46M | $49.34M | $63.16M | $53.59M | $31.45M | $44.46M | $32.29M |
| High Forecast | $58.10M | $57.53M | $56.86M | $56.03M | $55.52M | $54.80M | $54.54M | $59.18M | $54.29M | $54.70M | $53.85M | $53.80M | $52.46M | $76.96M | $49.53M | $42.53M | $57.83M | $69.97M | $65.19M | $35.22M | $38.61M | $30.48M | $35.11M | $54.55M | $59.21M | $75.80M | $64.30M | $37.75M | $53.35M | $38.75M |
| Low Forecast | $56.93M | $56.37M | $55.71M | $54.90M | $54.40M | $54.32M | $53.44M | $39.45M | $53.44M | $53.20M | $52.76M | $35.87M | $51.40M | $51.31M | $49.53M | $28.35M | $38.55M | $46.64M | $43.46M | $23.48M | $25.74M | $20.32M | $23.41M | $36.36M | $39.48M | $50.53M | $42.87M | $25.16M | $35.57M | $25.83M |
| Surprise % | - | - | - | - | - | - | - | - | -1.03% | 1.00% | 1.00% | 1.13% | 1.00% | 0.80% | - | 1.42% | 0.96% | 1.00% | 1.00% | 1.53% | 1.50% | 1.82% | 1.50% | 1.13% | 1.00% | 0.91% | 0.89% | 1.71% | 1.14% | 1.71% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 12 |
| Net Income | - | - | - | - | - | - | - | - | $8.04M | $8.43M | $9.93M | $8.14M | $-5.85M | $3.84M | - | $-2.57M | $-5.25M | $21.09M | $16.48M | $7.42M | $8.90M | $6.47M | $4.65M | $12.00M | $10.15M | $17.86M | $7.58M | $13.25M | $10.50M | $14.19M |
| Avg Forecast | $10.75M | $9.40M | $9.40M | $8.06M | $8.53M | $9.20M | $8.42M | $11.57M | $8.46M | $9.88M | $10.07M | $10.52M | $11.43M | $23.20M | $9.18M | $8.31M | $8.84M | $21.09M | $16.48M | $4.84M | $5.93M | $3.56M | $3.10M | $10.67M | $10.15M | $19.64M | $8.53M | $7.76M | $9.19M | $8.32M |
| High Forecast | $10.90M | $9.54M | $9.54M | $8.18M | $8.66M | $9.55M | $8.55M | $13.88M | $8.59M | $11.29M | $10.22M | $12.62M | $11.60M | $27.85M | $9.18M | $9.98M | $10.61M | $25.31M | $19.78M | $5.81M | $7.12M | $4.27M | $3.72M | $12.80M | $12.18M | $23.57M | $10.24M | $9.32M | $11.03M | $9.98M |
| Low Forecast | $10.62M | $9.29M | $9.29M | $7.96M | $8.43M | $8.84M | $8.32M | $9.26M | $8.15M | $9.76M | $9.95M | $8.41M | $11.29M | $18.56M | $9.18M | $6.65M | $7.07M | $16.88M | $13.19M | $3.87M | $4.75M | $2.85M | $2.48M | $8.53M | $8.12M | $15.72M | $6.83M | $6.21M | $7.35M | $6.65M |
| Surprise % | - | - | - | - | - | - | - | - | 0.95% | 0.85% | 0.99% | 0.77% | -0.51% | 0.17% | - | -0.31% | -0.59% | 1.00% | 1.00% | 1.53% | 1.50% | 1.82% | 1.50% | 1.13% | 1.00% | 0.91% | 0.89% | 1.71% | 1.14% | 1.71% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 12 |
| SG&A | - | - | - | - | - | - | - | - | $5.27M | $5.49M | $5.78M | $5.32M | $5.59M | $5.20M | - | $5.24M | $5.30M | $4.75M | $5.23M | $4.38M | $4.78M | $4.10M | $3.93M | $28.29M | $28.39M | $28.66M | $30.62M | $29.13M | $28.67M | $29.15M |
| Avg Forecast | $5.63M | $5.58M | $5.51M | $5.43M | $5.38M | $5.35M | $5.29M | $5.21M | $5.28M | $5.27M | $5.22M | $4.73M | $5.09M | $5.22M | $4.86M | $3.74M | $5.50M | $4.75M | $5.23M | $2.86M | $3.19M | $2.26M | $2.62M | $25.14M | $28.39M | $31.52M | $34.44M | $17.07M | $25.09M | $17.08M |
| High Forecast | $5.70M | $5.64M | $5.57M | $5.49M | $5.44M | $5.37M | $5.35M | $6.25M | $5.32M | $5.36M | $5.28M | $5.68M | $5.14M | $6.26M | $4.86M | $4.49M | $6.61M | $5.70M | $6.28M | $3.43M | $3.82M | $2.71M | $3.14M | $30.17M | $34.07M | $37.83M | $41.33M | $20.48M | $30.10M | $20.49M |
| Low Forecast | $5.58M | $5.53M | $5.46M | $5.38M | $5.33M | $5.33M | $5.24M | $4.17M | $5.24M | $5.22M | $5.17M | $3.79M | $5.04M | $4.18M | $4.86M | $2.99M | $4.40M | $3.80M | $4.19M | $2.29M | $2.55M | $1.80M | $2.10M | $20.11M | $22.71M | $25.22M | $27.56M | $13.65M | $20.07M | $13.66M |
| Surprise % | - | - | - | - | - | - | - | - | 1.00% | 1.04% | 1.11% | 1.12% | 1.10% | 1.00% | - | 1.40% | 0.96% | 1.00% | 1.00% | 1.53% | 1.50% | 1.82% | 1.50% | 1.13% | 1.00% | 0.91% | 0.89% | 1.71% | 1.14% | 1.71% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 12 |
| EPS | - | - | - | - | - | - | - | - | $0.06 | $0.07 | $0.08 | $0.06 | $-0.05 | $0.03 | - | $-0.02 | $-0.04 | $0.17 | $0.14 | $0.06 | $0.08 | $0.06 | $0.04 | $0.10 | $0.09 | $0.16 | $0.07 | $0.12 | $0.09 | $0.12 |
| 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 | $0.07 | $0.07 | $0.07 | $0.04 |
| 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 | $0.08 | $0.06 | $0.06 | $0.04 | $0.07 | $0.05 | $0.06 | $0.09 | $0.09 | $0.08 | $0.08 | $0.07 | $0.08 | $0.05 |
| Low Forecast | $0.08 | $0.07 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $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 | $0.04 | $0.05 | $0.09 | $0.09 | $0.07 | $0.07 | $0.07 | $0.06 | $0.03 |
| Surprise % | - | - | - | - | - | - | - | - | 0.95% | 0.95% | 1.07% | 0.77% | -0.54% | 0.33% | - | -0.28% | -0.59% | 2.85% | 2.34% | 1.40% | 1.23% | 1.32% | 0.75% | 1.13% | 1.01% | 2.08% | 0.95% | 1.68% | 1.29% | 3.00% |
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 $0.06 and a high estimate of $0.07. This represents a 8.94% increase compared to ROIC previous annual EPS of $0.06 (Dec 23).
Retail Opportunity Investments Peer Comparison by Price Target
ROIC Forecast FAQ
Is Retail Opportunity Investments a good buy?
Yes, according to 4 Wall Street analysts, Retail Opportunity Investments (ROIC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of ROIC's total ratings.
What is ROIC's price target?
Retail Opportunity Investments (ROIC) average price target is $15 with a range of $15 to $15, implying a -6.07% from its last price of $15.97. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Retail Opportunity Investments stock go up soon?
According to Wall Street analysts' prediction for ROIC stock, the company can go down by -6.07% (from the last price of $15.97 to the average price target of $15), down by -6.07% based on the highest stock price target, and down by -6.07% based on the lowest stock price target.
Can Retail Opportunity Investments stock reach $20?
ROIC's average twelve months analyst stock price target of $15 does not support the claim that Retail Opportunity Investments can reach $20 in the near future.
What are Retail Opportunity Investments's analysts' financial forecasts?
Retail Opportunity Investments's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $329.35M (high $332.5M, low $326.74M), average EBITDA is $212.72M (high $224.05M, low $201.62M), average net income is $37.73M (high $40.64M, low $34.86M), average SG&A $21.23M (high $22.41M, low $20.06M), and average EPS is $0.26 (high $0.266, low $0.255). ROIC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $340.16M (high $344M, low $337.06M), average EBITDA is $225.97M (high $228.52M, low $223.91M), average net income is $37.61M (high $38.16M, low $37.16M), average SG&A $22.15M (high $22.4M, low $21.95M), and average EPS is $0.28 (high $0.284, low $0.277).
Did the ROIC's actual financial results beat the analysts' financial forecasts?
Based on Retail Opportunity Investments's last annual report (Dec 2023), the company's revenue was $327.73M, beating the average analysts forecast of $321.94M by 1.80%. Apple's EBITDA was $214.07M, beating the average prediction of $205.75M by 4.04%. The company's net income was $34.53M, missing the average estimation of $38.94M by -11.31%. Apple's SG&A was $21.85M, beating the average forecast of $20.51M by 6.55%. Lastly, the company's EPS was $0.27, missing the average prediction of $0.29 by -6.76%. In terms of the last quarterly report (Dec 2023), Retail Opportunity Investments's revenue was $84.65M, beating the average analysts' forecast of $81.09M by 4.39%. The company's EBITDA was $-55.354M, missing the average prediction of $53.87M by -202.76%. Retail Opportunity Investments's net income was $8.04M, missing the average estimation of $8.46M by -5.07%. The company's SG&A was $5.27M, missing the average forecast of $5.28M by -0.28%. Lastly, the company's EPS was $0.06, missing the average prediction of $0.063 by -4.79%