Retail Opportunity Investments Corp. (ROIC)
Retail Opportunity Investments Corp. operates in the REIT - Retail industry of the Real Estate sector, headquartered in San Diego, CA, US. The stock last traded at $17.49, up 0.00% on the session, giving a market capitalisation of $2.25B. On trailing twelve-month figures it carries a trailing P/E of 60.31, a net margin of 10.5%. Its beta of 1.47 implies it has historically moved more than the broad market.
Retail Opportunity Investments Corp. (NASDAQ: ROIC) operates as a fully-integrated, self-managed real estate investment trust (REIT). The company's primary focus lies in the acquisition, ownership, and management of shopping centers anchored by grocery stores. These properties are strategically situated in densely populated, metropolitan areas throughout the West Coast. As of September 30, 2020, ROIC's portfolio consisted of 88 shopping centers, encompassing a total area of approximately 10.1 million square feet. Remarkably, ROIC stands as the largest publicly-traded REIT exclusively dedicated to grocery-anchored shopping centers in the West Coast region. Further bolstering its market position and financial health, ROIC is a constituent of the S&P SmallCap 600 Index and has secured investment-grade corporate debt ratings from prominent agencies such as Moody's Investor Services, S&P Global Ratings, and Fitch Ratings, Inc.
Retail Opportunity Investments Corp. is most often compared with the following Real Estate names: