Retail Opportunity Investments (ROIC) Stock Forecast, Price Target & Predictions
ROIC Stock Forecast
Retail Opportunity Investments (ROIC) stock forecast, based on 22 Wall Street analysts, predicts a 12-month average price target of $15.83, with a high of $17.50 and a low of $14.00. This represents a -9.49% decline from the last price of $17.49.
ROIC Stock Rating
Retail Opportunity Investments stock's rating consensus is Hold, based on 22 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (36.36%), 12 Hold (54.55%), 2 Sell (9.09%), and 0 Strong Sell (0.00%).
Hold
ROIC Price Target Upside V Benchmarks
| Type | Name | Upside | 
|---|---|---|
| Stock | Retail Opportunity Investments | -9.49% | 
| Sector | Real Estate Stocks | 13.27% | 
| Industry | Retail REIT Stocks | 9.42% | 
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 | 
| Avg Price Target | - | - | $17.50 | 
| Last Closing Price | $17.49 | $17.49 | $17.49 | 
| Upside/Downside | - | - | 0.06% | 
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total | 
|---|---|---|---|---|---|---|
| Feb, 25 | - | - | 7 | - | - | 7 | 
| Jan, 25 | - | - | 7 | - | - | 7 | 
| Dec, 24 | - | - | 7 | - | - | 7 | 
| Nov, 24 | 4 | 2 | 8 | 1 | 1 | 16 | 
| Oct, 24 | 4 | 2 | 7 | 1 | 1 | 15 | 
Analyst Price Target Forecasts
| 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% | 0.06% | 
| Oct 24, 2024 | Jeffrey Spector | Bank of America Securities | $14.00 | $15.89 | -11.89% | -19.95% | 
| Oct 23, 2024 | Wesley Golladay | Robert W. Baird | $16.00 | $15.67 | 2.11% | -8.52% | 
| Jul 05, 2024 | Wesley Golladay | Robert W. Baird | $15.00 | $12.44 | 20.58% | -14.24% | 
Analyst Rating Forecasts
| 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 | 
Financial Forecast
EPS Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $-0.23 | $-0.03 | $-0.06 | $0.27 | - | - | - | - | 
| Avg Forecast | $0.25 | $0.39 | $0.38 | $0.27 | $0.35 | $0.28 | $0.32 | $0.36 | 
| High Forecast | $0.26 | $0.39 | $0.39 | $0.27 | $0.36 | $0.29 | $0.33 | $0.37 | 
| Low Forecast | $0.25 | $0.38 | $0.38 | $0.26 | $0.35 | $0.28 | $0.32 | $0.36 | 
| Surprise % | -192.00% | -107.69% | -115.79% | - | - | - | - | - | 
Revenue Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $284.11M | $284.10M | $308.96M | $327.73M | - | - | - | - | 
| Avg Forecast | $279.94M | $281.12M | $308.47M | $320.71M | $333.66M | $337.07M | $345.54M | $344.11M | 
| High Forecast | $282.38M | $283.57M | $312.24M | $321.36M | $334.40M | $340.54M | $346.68M | $348.65M | 
| Low Forecast | $277.50M | $278.67M | $305.77M | $320.06M | $332.68M | $334.23M | $344.41M | $340.62M | 
| Surprise % | 1.49% | 1.06% | 0.16% | 2.19% | - | - | - | - | 
Net Income Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|---|
| Reported | $-26.87M | $-3.17M | $-7.36M | $34.53M | - | - | - | - | 
| Avg Forecast | $23.26M | $51.26M | $51.31M | $34.08M | $46.60M | $37.59M | $42.66M | $47.83M | 
| High Forecast | $27.91M | $61.52M | $61.58M | $40.89M | $47.22M | $38.13M | $43.30M | $48.65M | 
| Low Forecast | $18.60M | $41.01M | $41.05M | $27.26M | $45.98M | $37.05M | $42.01M | $47.20M | 
| Surprise % | -215.54% | -106.18% | -114.34% | 1.34% | - | - | - | - |