By
Brian D. Pacampara
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More Articles
June 30, 2011
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Based on the aggregated intelligence of 170,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, shopping center REIT Retail Opportunity Investments Corp. (Nasdaq: ROIC ) , or ROIC, has earned a respected four-star ranking.
With that in mind, let's take a closer look at ROIC's business and see what CAPS investors are saying about the stock right now.
ROIC facts
| Headquarters (Founded) |
Purchase, N.Y. (2007) |
| Market Cap |
$453.6 million |
| Industry |
Diversified REIT |
| Trailing-12-Month Revenue |
$25.3 million |
| Management |
President/CEO Stuart Tanz
CFO John Roche |
| Trailing-12-Month Return on Equity |
1.9% |
| Cash/Debt |
$11.8 million / $55.1 million |
| Dividend Yield |
3.3% |
| Competitors |
Kimco Realty (NYSE: KIM )
Macerich (NYSE: MAC )
Vornado Realty Trust (NYSE: VNO ) |
Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.
On CAPS, 97% of the 287 members who have rated ROIC believe the stock will outperform the S&P 500 going forward. These bulls include TMFBuck and All-Star MJKpayday, who is ranked in the top 1% of our community.
Just last month, TMFBuck tapped ROIC as a solid income opportunity:
[CEO Tanz] is continuing to invest capital at good rates of return. I expect the dividend and to increase nicely over the next few years. The price should follow suit.
Currently, ROIC even sports a cheapish price-to-book ratio of just 1.1. That represents a discount to competitors like Kimco (1.5), Macerich (2.4), and Vornado (2.9).
CAPS All-Star MJKpayday expands on ROIC as a particularly tempting "jockey bet":
ROIC began as a blank check company and is still in its beginning stages of becoming a REIT. ... Given the depressed real estate market I expect Tanz to ramp up soon in becoming a REIT with a full portfolio and some leverage where I'd expect a P/B of about 2-3 and a dividend of 6%. How long will this take? A couple years, maybe 1, 2 or 3 years, but no more than 5. Why am I so sure it will happen? Answer: Tanz.
What do you think about ROIC -- or any other stock, for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!
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