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.
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 Macerich Vornado Realty Trust |
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.
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