Ritchie Bros. Auctioneers Company Profile (NYSE:RBA)

About Ritchie Bros. Auctioneers

Ritchie Bros. Auctioneers logoRitchie Bros. Auctioneers Inc is a Canada-based holding company. The Company is an auctioneer of industrial equipment. The Company is engaged in selling industrial equipment and other assets for the construction, agricultural, transportation, energy, mining, forestry, material handling, marine and real estate industries at its unreserved auctions and online marketplaces. The Company focuses on the sale of heavy machinery. The Company operates through the following segments: Core Auction segment and EquipmentOne segment. Core Auction segment offers a network of auction locations that conduct live, unreserved auctions with both on-site and online bidding. EquipmentOne segment is an online marketplace that facilitates private equipment transactions. The Company sells equipment through unreserved auctions at approximately 40 auction sites across the world. The majority of the assets sold through the Company's sales channels are classified as construction machinery.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Services
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: RBA
  • CUSIP:
Key Metrics:
  • Previous Close: $33.65
  • 50 Day Moving Average: $32.47
  • 200 Day Moving Average: $34.13
  • 52-Week Range: $21.97 - $39.96
  • Trailing P/E Ratio: 32.51
  • Foreward P/E Ratio: 23.53
  • P/E Growth: 2.87
  • Market Cap: $3.59B
  • Outstanding Shares: 106,679,000
  • Beta: 0.62
Profitability:
  • Net Margins: 19.91%
  • Return on Equity: 17.38%
  • Return on Assets: 9.61%
Debt:
  • Debt-to-Equity Ratio: 0.15%
  • Current Ratio: 1.30%
  • Quick Ratio: 1.20%
Additional Links:
Companies Related to Ritchie Bros. Auctioneers:

Analyst Ratings

Consensus Ratings for Ritchie Bros. Auctioneers (NYSE:RBA) (?)
Ratings Breakdown: 3 Sell Ratings, 2 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $38.14 (13.33% upside)

Analysts' Ratings History for Ritchie Bros. Auctioneers (NYSE:RBA)
Show:
DateFirmActionRatingPrice TargetDetails
1/13/2017Bank of America CorpDowngradeNeutral -> UnderperformView Rating Details
1/13/2017BMO Capital MarketsLower Price TargetMarket Perform$38.00 -> $33.00View Rating Details
12/28/2016TD SecuritiesReiterated RatingReduce$33.00View Rating Details
12/28/2016Raymond James Financial, Inc.DowngradeOutperform -> Mkt PerformView Rating Details
12/16/2016RBC Capital MarketsReiterated RatingOutperform$58.00View Rating Details
12/8/2016ScotiabankInitiated CoverageOutperform$44.00View Rating Details
11/10/2016Jefferies Group LLCReiterated RatingHold$32.00View Rating Details
8/31/2016Robert W. BairdReiterated RatingOutperform$34.00 -> $39.00View Rating Details
8/31/2016Royal Bank Of CanadaBoost Price TargetOutperform$32.00 -> $40.00View Rating Details
8/25/2016MacquarieInitiated CoverageOutperform$34.00View Rating Details
8/15/2016KeyCorpUpgradeSector Weight -> Overweight$34.00View Rating Details
7/22/2016OTR GlobalReiterated RatingMixed -> NegativeView Rating Details
2/19/2016William BlairInitiated CoverageBuyView Rating Details
1/14/2016Canaccord GenuityReiterated RatingBuy$32.00 -> $28.00View Rating Details
12/29/2015Oppenheimer Holdings, Inc.Reiterated RatingHoldView Rating Details
6/11/2015Northcoast ResearchDowngradeBuy -> NeutralView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Ritchie Bros. Auctioneers (NYSE:RBA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2017Q416$0.27$0.30$133.92 million$146.80 millionViewListenView Earnings Details
11/9/2016Q316$0.21$0.20$121.06 million$128.90 millionViewListenView Earnings Details
8/9/2016Q216$0.44$0.37$160.96 million$158.80 millionViewN/AView Earnings Details
5/9/2016Q116$0.21$0.27$116.02 million$131.90 millionViewN/AView Earnings Details
2/25/2016Q415$0.32$0.29$137.55 million$135.50 millionViewListenView Earnings Details
11/5/2015Q315$0.15$0.19$107.17 million$109.30 millionViewN/AView Earnings Details
8/6/2015Q215$0.37$0.43$147.49 million$155.50 millionViewN/AView Earnings Details
5/7/2015Q414$0.15$0.22$108.30 million$115.60 millionViewN/AView Earnings Details
2/27/2015Q414$0.31$0.31$137.90 million$138.50 millionViewN/AView Earnings Details
11/4/2014Q314$0.13$0.13$101.47 million$102.20 millionViewN/AView Earnings Details
8/5/2014Q214$0.34$0.36$140.92 million$141.84 millionViewN/AView Earnings Details
5/5/2014Q114$0.13$0.13$101.56 million$98.60 millionViewN/AView Earnings Details
3/3/2014Q413$0.26$0.28$127.09 million$131.20 millionViewN/AView Earnings Details
11/5/2013Q313$0.11$0.15$93.40 million$105.80 millionViewN/AView Earnings Details
8/6/2013Q213$0.27$0.28$125.20 million$128.32 millionViewN/AView Earnings Details
4/30/2013Q113$0.15$0.13$100.37 million$102.06 millionViewN/AView Earnings Details
2/26/2013Q412$0.23$0.21$114.44 million$117.10 millionViewN/AView Earnings Details
10/30/2012Q312$0.11$0.11$93.74 million$92.30 millionViewN/AView Earnings Details
8/2/2012$0.36$0.30ViewN/AView Earnings Details
5/3/2012$0.17$0.17ViewN/AView Earnings Details
2/28/2012$0.24$0.25ViewN/AView Earnings Details
11/1/2011$0.14$0.06ViewN/AView Earnings Details
8/5/2011$0.27$0.25ViewN/AView Earnings Details
5/3/2011$0.12$0.13ViewN/AView Earnings Details
2/24/2011$0.15$0.13ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ritchie Bros. Auctioneers (NYSE:RBA)
Current Year EPS Consensus Estimate: $1.27 EPS
Next Year EPS Consensus Estimate: $1.43 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169$0.17$0.24$0.20
Q2 20167$0.41$0.46$0.44
Q3 20167$0.14$0.24$0.19
Q4 20167$0.24$0.33$0.27
Q1 20176$0.24$0.30$0.28
Q2 20176$0.36$0.47$0.43
Q3 20176$0.24$0.29$0.26
Q4 20176$0.25$0.40$0.33
Q1 20181$0.31$0.31$0.31
Q2 20181$0.47$0.47$0.47
Q3 20181$0.28$0.28$0.28
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ritchie Bros. Auctioneers (NYSE:RBA)
Annual Dividend:$0.68
Dividend Yield:2.02%
Dividend Growth:9.30% (3 Year Average)
Payout Ratio:66.67% (Based on Trailing 12 Months of Earnings)
53.54% (Based on Current Year Consensus EPS Estimate)
47.55% (Based on Next Year Consensus EPS Estimate)
Track Record:14 Years of Consecutive Dividend Growth

Dividend History for Ritchie Bros. Auctioneers (NYSE:RBA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/23/2017Quarterly$0.172.12%2/8/20172/10/20173/3/2017
11/10/2016Quarterly$0.171.83%11/23/201611/28/201612/19/2016
8/9/2016quarterly$0.172.32%8/31/20169/2/20169/23/2016
5/10/2016quarterly$0.162.08%5/20/20165/24/20166/14/2016
1/25/2016Quarterly$0.162/10/20162/12/20163/4/2016
11/6/2015quarterly$0.162.37%11/24/201511/27/201512/18/2015
8/7/2015quarterly$0.162.3%9/2/20159/4/20159/25/2015
5/8/2015quarterly$0.142.04%5/27/20155/29/20156/19/2015
1/12/2015$0.142/11/20152/13/20153/6/2015
11/4/2014quarterly$0.142.31%11/19/201411/21/201412/12/2014
8/5/2014quarterly$0.142.33%8/20/20148/22/20149/12/2014
5/5/2014quarterly$0.132.2%5/21/20145/23/20146/13/2014
1/20/2014quarterly$0.132.21%2/12/20142/14/20143/7/2014
11/5/2013quarterly$0.132.5%11/20/201311/22/201312/13/2013
8/6/2013quarterly$0.132.61%8/21/20138/23/20139/13/2013
4/30/2013quarterly$0.122.5%5/15/20135/17/20136/7/2013
1/21/2013quarterly$0.122.29%2/13/20132/15/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ritchie Bros. Auctioneers (NYSE:RBA)
Insider Ownership Percentage: 0.67%
Institutional Ownership Percentage: 89.55%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/6/2016Douglas William OliveVPSell5,400$37.75$203,850.00View SEC Filing  
9/16/2016Jeroen Laurentius Johanus RijkVPSell6,600$34.00$224,400.00View SEC Filing  
3/11/2016Robert Alastair McleodInsiderSell10,088$24.50$247,156.00View SEC Filing  
3/9/2016Karl William WernerInsiderSell19,300$25.12$484,816.00View SEC Filing  
3/8/2016Robert Alastair McleodInsiderSell11,200$25.31$283,472.00View SEC Filing  
3/4/2016Edward Baltazar PitoniakDirectorBuy100$24.44$2,444.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Ritchie Bros. Auctioneers (NYSE:RBA)
DateHeadline
capitalcube.com logoRitchie Bros. Auctioneers, Inc. :RBA-US: Earnings Analysis: Q4, 2016 By the Numbers : February 23, 2017 (NYSE:RBA)
www.capitalcube.com - February 23 at 7:36 PM
capitalcube.com logoRitchie Bros. Auctioneers, Inc. :RBA-US: Earnings Analysis: 2016 By the Numbers : February 23, 2017 (NYSE:RBA)
www.capitalcube.com - February 23 at 7:36 PM
reuters.com logoBRIEF-Ritchie Bros Q4 adjusted non-gaap earnings per share $0.30 (NYSE:RBA)
www.reuters.com - February 23 at 12:37 AM
marketexclusive.com logoAnalyst Activity – Scotiabank Reiterates Outperform on Ritchie Bros. Auctioneers (TSE:RBA) (NYSE:RBA)
marketexclusive.com - February 23 at 12:37 AM
seekingalpha.com logoRitchie Bros. Auctioneers (RBA) Q4 2016 Results - Earnings Call Transcript (NYSE:RBA)
seekingalpha.com - February 23 at 12:37 AM
us.rd.yahoo.com logo7:05 am Ritchie Bros. beats by $0.04, beats on revs (NYSE:RBA)
us.rd.yahoo.com - February 23 at 12:37 AM
capitalcube.com logoRitchie Bros. Auctioneers, Inc.: Price momentum supported by strong fundamentals (NYSE:RBA)
www.capitalcube.com - February 22 at 7:36 PM
News IconTechnical Levels in Review for Ritchie Bros. Auctioneers Inc (RBA.TO) - The Standard (NYSE:RBA)
6milestandard.com - February 22 at 9:30 AM
capitalcube.com logoRitchie Bros. Auctioneers, Inc. breached its 50 day moving average in a Bullish Manner : RBA-US : February 22, 2017 (NYSE:RBA)
www.capitalcube.com - February 22 at 9:30 AM
proactiveinvestors.co.uk logoRitchie Bros shares soar on bumper revenues (NYSE:RBA)
www.proactiveinvestors.co.uk - February 21 at 5:25 PM
marketexclusive.com logoRitchie Bros. Auctioneers Incorporated (TSE:RBA) Files An 8-K Results of Operations and Financial Condition (NYSE:RBA)
marketexclusive.com - February 21 at 5:25 PM
seekingalpha.com logoRitchie Bros. Auctioneers Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:RBA)
seekingalpha.com - February 21 at 5:25 PM
4-traders.com logoRitchie Bros Auctioneers : . tops Street 4Q forecasts (NYSE:RBA)
www.4-traders.com - February 21 at 5:25 PM
us.rd.yahoo.com logoRitchie Bros. reports fourth quarter and 2016 annual results (NYSE:RBA)
us.rd.yahoo.com - February 21 at 5:25 PM
biz.yahoo.com logoRITCHIE BROS AUCTIONEERS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements (NYSE:RBA)
us.rd.yahoo.com - February 21 at 5:25 PM
sg.finance.yahoo.com logoRitchie Bros. tops Street 4Q forecasts (NYSE:RBA)
sg.finance.yahoo.com - February 21 at 5:25 PM
4-traders.com logoRitchie Bros. : sells US$42+ million of equipment at first Texas auction of 2017 (NYSE:RBA)
www.4-traders.com - February 17 at 7:58 PM
reuters.com logoBRIEF-Ritchie Bros signs deal with Shell Global (NYSE:RBA)
www.reuters.com - February 17 at 7:58 PM
finance.yahoo.com logoRitchie Bros. sells US$42+ million of equipment at first Texas auction of 2017 (NYSE:RBA)
finance.yahoo.com - February 17 at 7:58 PM
finance.yahoo.com logoRitchie Bros. to provide corporate asset management services to Shell Global (NYSE:RBA)
finance.yahoo.com - February 17 at 7:58 PM
finance.yahoo.com logo7:02 am Ritchie Bros. sells $42+ mln of equipment at first Texas auction of 2017; $22+mln amount sold to online bidders (NYSE:RBA)
finance.yahoo.com - February 17 at 7:58 PM
forbes.com logoRelative Strength Alert For Ritchie Bros Auctioneers (NYSE:RBA)
www.forbes.com - February 8 at 10:05 PM
4-traders.com logoRitchie Bros Auctioneers : Bright lights, big auction for Ritchie Bros. in Las Vegas this March (NYSE:RBA)
www.4-traders.com - February 3 at 3:35 AM
News IconTechnical Updates on Shares of Ritchie Bros. Auctioneers Incorporated (RBA.TO) - Rives Journal (NYSE:RBA)
rivesjournal.com - February 2 at 10:34 PM
finance.yahoo.com logoBright lights, big auction for Ritchie Bros. in Las Vegas this March (NYSE:RBA)
finance.yahoo.com - February 2 at 10:34 PM
fool.com logoWhy Shares of Ritchie Bros. Auctioneers Soared 46% in 2016 (NYSE:RBA)
www.fool.com - February 2 at 10:34 PM
News IconTrading Watch: ADX and CCI Review for Ritchie Bros. Auctioneers Incorporated (RBA) - Market Point (NYSE:RBA)
mtptnews.com - February 1 at 6:42 AM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)? - Wall Street Beacon (NYSE:RBA)
wsbeacon.com - February 1 at 6:42 AM
News IconWhat The Charts Are Saying About Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) - Gilbert Daily (NYSE:RBA)
gilbertdaily.com - February 1 at 6:42 AM
News IconFree Cash Flow Score in Focus for Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) - Gilbert Daily (NYSE:RBA)
gilbertdaily.com - January 31 at 1:08 AM
News IconInside the Numbers: Looking at This Stock: Ritchie Bros. Auctioneers Incorporated (RBA.TO) - Rives Journal (NYSE:RBA)
rivesjournal.com - January 31 at 1:08 AM
News IconWhat's Ahead For This Dividend Darling: Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) - Aiken Advocate (NYSE:RBA)
aikenadvocate.com - January 31 at 1:08 AM
News IconTechnical Focus: Williams %R, ADX, and CCI Levels for Ritchie Bros ... - Springdale Times (NYSE:RBA)
springdaletimes.com - January 29 at 8:30 AM
News IconChecking Indicator Levels for Ritchie Bros. Auctioneers Incorporated (RBA.TO) - Rives Journal (NYSE:RBA)
rivesjournal.com - January 27 at 1:58 AM
News IconTechnical Buzz on Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) - Gilbert Daily (NYSE:RBA)
gilbertdaily.com - January 27 at 1:58 AM
prnewswire.com logoHow These Business Services Stocks are Faring? -- Ritchie Bros. Auctioneers, Advisory Board Co., Lionbridge ... - PR Newswire (press release) (NYSE:RBA)
www.prnewswire.com - January 24 at 8:19 AM
News IconShares Skittish Ahead of The Bell: Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) - Wall Street Beacon (NYSE:RBA)
wsbeacon.com - January 14 at 5:23 AM
finance.yahoo.com logoRitchie Bros. downgraded by BofA/Merrill (NYSE:RBA)
finance.yahoo.com - January 14 at 5:23 AM
seekingalpha.com logoRitchie Bros. falls after BAML sours (NYSE:RBA)
seekingalpha.com - January 13 at 10:54 AM
fool.com logoWhy Ritchie Bros. Auctioneers Incorporated's Stock Fell 12% in December (NYSE:RBA)
www.fool.com - January 6 at 1:20 PM
News IconRitchie Bros. completes final auctions of 20.. (NYSE:RBA)
www.farms.com - December 30 at 7:48 PM
News IconHome Business Ritchie Bros. Auctioneers Inc. (NYSE: RBA) Outperform Rating Reiterated at RBC Capital... - BNB Daily (blog) (NYSE:RBA)
www.baseball-news-blog.com - December 30 at 12:27 AM
business.financialpost.com logoRitchie Bros Auctioneers downgraded at Raymond James (NYSE:RBA)
business.financialpost.com - December 29 at 7:25 PM
marketexclusive.com logoAnalyst Downgrades – Ritchie Bros. Auctioneers (NYSE:RBA) Stock Gets Downgraded By Raymond James Financial ... - Market Exclusive (NYSE:RBA)
marketexclusive.com - December 28 at 8:18 AM
News IconRating Worth Mentioning: Is Ritchie Bros (NYSE:RBA) a Sell? Raymond James Downgrades It (NYSE:RBA)
www.whatsonthorold.com - December 27 at 8:15 PM
us.rd.yahoo.com logoRitchie Bros. downgraded by Raymond James (NYSE:RBA)
us.rd.yahoo.com - December 27 at 8:15 PM
schaeffersresearch.com logoAnalyst Downgrades: Ritchie Bros. Auctioneers Inc and Cree, Inc. - Schaeffers Research (blog) (NYSE:RBA)
www.schaeffersresearch.com - December 27 at 3:15 PM
capitalcube.com logoRitchie Bros. Auctioneers, Inc. – Value Analysis (NYSE:RBA) : December 27, 2016 (NYSE:RBA)
www.capitalcube.com - December 27 at 3:15 PM
marketwatch.com logoAuctioneer of used industrial equipment hammered by stock downgrade (NYSE:RBA)
www.marketwatch.com - December 27 at 3:15 PM
marketwatch.com logoThe Ratings Game: Auctioneer of used industrial equipment hammered by stock downgrade (NYSE:RBA)
www.marketwatch.com - December 27 at 1:18 PM

Social

What is Ritchie Bros. Auctioneers' stock symbol?

Ritchie Bros. Auctioneers trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBA."

How often does Ritchie Bros. Auctioneers pay dividends? What is the dividend yield for Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers announced a quarterly dividend on Monday, January 23rd. Stockholders of record on Friday, February 10th will be given a dividend of $0.17 per share on Friday, March 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend is Wednesday, February 8th.

Where is Ritchie Bros. Auctioneers' stock going? Where will Ritchie Bros. Auctioneers' stock price be in 2017?

11 brokers have issued twelve-month price objectives for Ritchie Bros. Auctioneers' shares. Their forecasts range from $32.00 to $58.00. On average, they expect Ritchie Bros. Auctioneers' share price to reach $38.14 in the next year.

Who owns Ritchie Bros. Auctioneers stock?

Ritchie Bros. Auctioneers' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (11.15%), Janus Capital Management LLC (5.81%), Burgundy Asset Management Ltd. (4.32%), Royce & Associates LP (2.16%), Champlain Investment Partners LLC (1.43%) and Aberdeen Asset Management PLC UK (1.42%). Company insiders that own Ritchie Bros. Auctioneers stock include Douglas William Olive, Edward Baltazar Pitoniak, Jeroen Laurentius Johanus Rijk, Karl William Werner and Robert Alastair Mcleod.

Who sold Ritchie Bros. Auctioneers stock? Who is selling Ritchie Bros. Auctioneers stock?

Ritchie Bros. Auctioneers' stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Burgundy Asset Management Ltd., Arrowpoint Asset Management LLC, Baillie Gifford & Co., AQR Capital Management LLC, O Shaughnessy Asset Management LLC, Champlain Investment Partners LLC and Intact Investment Management Inc.. Company insiders that have sold Ritchie Bros. Auctioneers stock in the last year include Douglas William Olive, Jeroen Laurentius Johanus Rijk, Karl William Werner and Robert Alastair Mcleod.

Who bought Ritchie Bros. Auctioneers stock? Who is buying Ritchie Bros. Auctioneers stock?

Ritchie Bros. Auctioneers' stock was purchased by a variety of institutional investors in the last quarter, including Columbia Wanger Asset Management LLC, Russell Investments Group Ltd., Ashmore Wealth Management LLC, Aberdeen Asset Management PLC UK, Flinton Capital Management LLC, Capco Asset Management LLC, Tyers Asset Management LLC and Lucha Capital Management LP.

How do I buy Ritchie Bros. Auctioneers stock?

Shares of Ritchie Bros. Auctioneers can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ritchie Bros. Auctioneers stock cost?

One share of Ritchie Bros. Auctioneers stock can currently be purchased for approximately $33.65.

Ritchie Bros. Auctioneers (NYSE:RBA) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Ritchie Bros. Auctioneers (NYSE:RBA)

Earnings History Chart

Earnings by Quarter for Ritchie Bros. Auctioneers (NYSE:RBA)

Dividend History Chart

Dividend Payments by Quarter for Ritchie Bros. Auctioneers (NYSE:RBA)

Last Updated on 2/23/2017 by MarketBeat.com Staff