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.
|Headquarters (Founded)||Purchase, N.Y. (2007)|
|Market Cap||$453.6 million|
|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|
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).
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!
Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Motley Fool newsletter services have recommended buying shares of ROIC, and the Fool owns shares of it. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.