Retail Opportunity Investments

Retail Opportunity Investments Corp. operates as a self-managed real estate investment trust. It engages in the ownership, management, and redevelopment of retail real estate properties. It specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast. The company was founded on July 10, 2007 and is headquartered in San Diego, CA.

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ROIC achieves record leasing activity and solid financial performance

ROIC reported strong leasing activity and financial performance in Q1 2023, while facing challenges related to market uncertainty and lease renewals. The company is actively pursuing potential acquisitions and sales, maintaining flexibility in debt management, and focusing on enhancing its tenant mix. Opportunities lie in potential asset sales, drive-through contributions, and sustainable occupancy costs for small shop tenants.

ROIC reports record leasing activity and strong financial performance

ROIC's Q2 2023 performance reflects strong leasing activity, financial results, and proactive portfolio management. The company faces challenges in refinancing and increased retrofitting costs but has opportunities in property sales, off-market acquisitions, and incremental rent. Overall, ROIC's focus on stability, ESG progress, and revenue growth presents a positive outlook.

ROIC reports strong Q3 performance, eyes opportunities amidst challenges

ROIC's Q3 2023 performance showcased strength in its grocery-anchored portfolio and successful financing strategies. While facing challenges such as debt maturity and a slow acquisition market, the company remains optimistic about potential opportunities in 2024. Opportunities lie in potential acquisitions, dispositions, and strong rent growth, with a focus on balance sheet growth and potential joint ventures.

ROIC achieves record revenues in 2023, eyes strategic acquisitions

ROIC's strong performance in leasing activities and strategic tenant lease renewals drove record revenues in 2023. The company's focus on enhancing the tenant mix and acquiring quality assets positions them well for continued growth. While facing market challenges, ROIC is poised to leverage opportunities in the active acquisition market and capitalize on strong retail demand.

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Retail Opportunity Investments Corp. engages in the ownership, management, and redevelopment of retail real estate properties. It also operates business in supermarkets and drugstores. The company was founded on July 10, 2007 and is headquartered in San Diego, CA.

Retail Opportunity Investments Corp. (ROIC) Q1 2024 Earnings Call Transcript

SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three months ended March 31, 2024.

Retail Opportunity Investments Corp. Reports 2024 First Quarter Results

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Retail Opportunity Investments is a West Coast-focused REIT with strong fundamentals and a portfolio of grocery-anchored shopping centers. The company's valuation has dropped, making it an attractive investment with potential for multi-year rates of return. ROIC is a potential takeover target for companies like Kimco Realty, which could further strengthen its portfolio.

Retail Opportunity Investments: M&A Is Likely

SAN DIEGO, March 11, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the first quarter ended March 31, 2024, after the market closes on April 23, 2024. The Company will conduct a conference call and audio webcast on Wednesday, April 24, 2024, at 9:00 a.m. Eastern Time / 6:00 a.m. Pacific Time.

Retail Opportunity Investments Corp. Schedules First Quarter Earnings Release and Conference Call

Retail Opportunity Investments Corp. is an undervalued shopping center REIT focused on the U.S. West Coast.

Retail Opportunity Investments Q4: Great Time To Buy These Prime Assets

Retail Opportunity Investments Corp. (ROIC) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Retail Opportunity Investments (ROIC) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Retail Opportunity Investments (ROIC) Q4 Earnings: A Look at Key Metrics

Retail Opportunity Investments (ROIC) came out with quarterly funds from operations (FFO) of $0.27 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.27 per share a year ago.

Retail Opportunity Investments (ROIC) Q4 FFO Match Estimates

SAN DIEGO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the year and three months ended December 31, 2023.

Retail Opportunity Investments Corp. Reports 2023 Results

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California has a rich history of songs dedicated to the state, with famous examples from The Beach Boys, Joni Mitchell, and Katy Perry. Concerns about California's population decline and exposure to natural risks raise questions about the future of businesses in the state. Despite these concerns, certain California-based REITs like Rexford Industrial, Essex Property Trust, and Retail Opportunity Investments Corp. have strong market positions and favorable supply and demand dynamics.

California Dreaming Or Nightmare?

SAN DIEGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC), announced today the federal tax treatment of the 2023 distributions on its shares of common stock. The federal tax treatment of the 2023 distributions as it is expected to be reported on Form 1099-DIV is as follows:

Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2023 Distributions

SAN DIEGO, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the fourth quarter and year ended December 31, 2023, after the market closes on Wednesday, February 14, 2024. The Company will conduct a conference call and audio webcast on Thursday, February 15, 2024, at 12:00 p.m.

Retail Opportunity Investments Corp. Schedules Fourth Quarter and Year-End Earnings Release and Conference Call

Retail Opportunity Investments is a West Coast-focused REIT with strong fundamentals and a solid portfolio of grocery-anchored shopping centers. Despite a drop in valuation, ROIC maintains high occupancy rates and investment-grade credit ratings. The company offers a 5%+ yield and potential for growth, making it a good alternative for investors seeking diversification and West Coast exposure.

Retail Opportunity Investments: Taking Advantage Of The Weakness

Retail Opportunity Investments Corp. stock has underperformed the Vanguard Real Estate Index ETF in the past year. It owns shopping center properties along the West Coast with a high leased rate, and the majority of tenants are e-commerce resistant. ROIC is materially undervalued compared to both its historical valuation as well as that of its peers.

Retail Opportunity Investments: ROIC Is A Perfect Name For This West Coast Gem

Retail Opportunity Investments Corp. (NASDAQ:ROIC ) Q3 2023 Earnings Conference Call October 25, 2023 9:00 AM ET Company Participants Lauren Silveira - Chief Accounting Officer Stuart Tanz - Chief Executive Officer Richard Schoebel - Chief Operating Officer Michael Haines - Chief Financial Officer Conference Call Participants Juan Sanabria - BMO capital Markets Craig Mailman - Citi Wesley Golladay - Baird Dori Kesten - Wells Fargo Securities Michael Mueller - JPMorgan Linda Tsai - Jefferies Paulina Rojas Schmidt - Green Street Todd Thomas - KeyBanc Capital Markets Operator Welcome to the Retail Opportunity Investments Third Quarter 2023 Conference Call. Participants are currently in a listen-only mode.

Retail Opportunity Investments Corp. (ROIC) Q3 2023 Earnings Call Transcript

Retail Opportunity Investments (ROIC) Matches Q3 FFO Estimates

SAN DIEGO, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and nine months ended September 30, 2023. HIGHLIGHTS $8.4 million of net income attributable to common stockholders ( $0.07 per diluted share) $36.0 million in Funds From Operations (FFO) (1) ( $0.27 per diluted share) FFO per diluted share guidance for 2023 narrowed ($1.05 - $1.07 per diluted share) 8.2% increase in same-center cash net operating income (3Q‘23 vs.

Retail Opportunity Investments Corp. Reports 2023 Third Quarter Results

SAN DIEGO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that its operating partnership, Retail Opportunity Investments Partnership, LP (the “Operating Partnership”), has priced an offering of $350 million aggregate principal amount of 6.750% senior unsecured notes in an underwritten public offering.

Retail Opportunity Investments Corp. Prices Offering of Senior Unsecured Notes

SAN DIEGO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) will issue financial and operational results for the third quarter ended September 30, 2023, after the market closes on Tuesday, October 24, 2023. The Company will conduct a conference call and audio webcast on Wednesday, October 25, 2023, at 9:00 a.m. Eastern Time / 6:00 a.m. Pacific Time.

Retail Opportunity Investments Corp. Schedules Third Quarter Earnings Release and Conference Call

Retail Opportunity Investments is a West Coast-focused REIT that has experienced a significant drop in its stock price despite its strong fundamentals. ROIC operates $3.4 billion worth of real estate assets with a high occupancy rate of almost 98.5% and a focus on grocery-anchored shopping centers. The company has a solid financial position, experienced management team, and potential for growth, making it an attractive investment option for those seeking West Coast exposure.

Should Retail Opportunity Investments, With A Good ROIC, Be On Your Watchlist?

Retail Opportunity Investments is capitalizing on strong demand for grocery-anchored shopping centers. Q2 results built atop new records just achieved in the first quarter. Investors have rewarded ROIC with market-beating returns since my last update on the stock.

Retail Opportunity Investments: Fairly Valued With Portfolio At Near-Optimal Levels

Retail Opportunity Investments Corp. (NASDAQ:ROIC ) Q2 2023 Earnings Conference Call July 26, 2023 12:00 PM ET Company Participants Lauren Silveira - Chief Accounting Officer Stuart Tanz - Chief Executive Officer Richard Schoebel - Chief Operating Officer Michael Haines - Chief Financial Officer Conference Call Participants Nick Joseph - Citi Todd Thomas - KeyBanc Lizzy Doykan - Bank of America Wesley Golladay - Baird Juan Sanabria - BMO capital Markets Michael Mueller - JPMorgan Dori Kesten - Wells Fargo Linda Tsai - Jefferies RJ Milligan - Raymond James Operator Welcome to the Retail Opportunity Investments Second Quarter 2023 Conference Call. Participants are currently in a listen-only mode.

Retail Opportunity Investments Corp. (ROIC) Q2 2023 Earnings Call Transcript

Retail Opportunity Investments (ROIC) came out with quarterly funds from operations (FFO) of $0.27 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.28 per share a year ago.

News for Retail Opportunity Investments Stock (ROIC)