NYSE:RBA - Ritchie Bros. Auctioneers Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$33.61 -0.09 (-0.27 %)
(As of 05/24/2019 01:09 AM ET)
Previous Close$33.70
Today's Range$33.47 - $33.98
52-Week Range$30.76 - $38.77
Volume248,800 shs
Average Volume350,253 shs
Market Capitalization$3.66 billion
P/E Ratio31.12
Dividend Yield2.14%
Beta0.79
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. The company sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. It also offers live auction events with online bidding. The company sells used equipment to its customers through live, unreserved auctions at 40 auction sites worldwide. It serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. The company operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.

Receive RBA News and Ratings via Email

Sign-up to receive the latest news and ratings for RBA and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
CUSIPN/A
Phone778-331-5500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.17 billion
Cash Flow$1.6898 per share
Book Value$7.64 per share

Profitability

Net Income$121.48 million

Miscellaneous

Employees2,200
Market Cap$3.66 billion
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

Ritchie Bros. Auctioneers (NYSE:RBA) Frequently Asked Questions

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 Wednesday, May 8th. Investors of record on Wednesday, May 29th will be paid a dividend of $0.18 per share on Wednesday, June 19th. This represents a $0.72 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Tuesday, May 28th. View Ritchie Bros. Auctioneers' Dividend History.

How were Ritchie Bros. Auctioneers' earnings last quarter?

Ritchie Bros. Auctioneers Inc (NYSE:RBA) posted its earnings results on Thursday, May, 9th. The business services provider reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.04. The business services provider had revenue of $303.40 million for the quarter, compared to analysts' expectations of $268.69 million. Ritchie Bros. Auctioneers had a net margin of 10.10% and a return on equity of 14.47%. The firm's quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.16 earnings per share. View Ritchie Bros. Auctioneers' Earnings History.

When is Ritchie Bros. Auctioneers' next earnings date?

Ritchie Bros. Auctioneers is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Ritchie Bros. Auctioneers.

What price target have analysts set for RBA?

11 analysts have issued 12 month target prices for Ritchie Bros. Auctioneers' shares. Their forecasts range from $28.00 to $44.00. On average, they anticipate Ritchie Bros. Auctioneers' share price to reach $35.6875 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Price Targets for Ritchie Bros. Auctioneers.

What is the consensus analysts' recommendation for Ritchie Bros. Auctioneers?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last year. There are currently 2 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ritchie Bros. Auctioneers.

Has Ritchie Bros. Auctioneers been receiving favorable news coverage?

Headlines about RBA stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ritchie Bros. Auctioneers earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

Who are some of Ritchie Bros. Auctioneers' key competitors?

What other stocks do shareholders of Ritchie Bros. Auctioneers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ritchie Bros. Auctioneers investors own include Ship Finance International (SFL), Stillwater Mining (SWC), Gilead Sciences (GILD), Southern Company Gas (GAS), Raytheon (RTN), NVIDIA (NVDA), Carnival (CCL), General Electric (GE), Union Pacific (UNP) and Visa (V).

Who are Ritchie Bros. Auctioneers' key executives?

Ritchie Bros. Auctioneers' management team includes the folowing people:
  • Mr. Ravichandra K. Saligram, CEO & Non-Independent Director (Age 62)
  • Ms. Sharon R. Driscoll, Chief Financial Officer (Age 57)
  • Mr. Todd Wohler, Chief HR Officer (Age 60)
  • Mr. James J. Jeter, Pres of Sales - U.S. (Age 60)
  • Mr. Karl W. Werner, Pres of International (Age 54)

Who are Ritchie Bros. Auctioneers' major shareholders?

Ritchie Bros. Auctioneers' stock is owned by many different of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (10.04%), Janus Henderson Group PLC (5.72%), Champlain Investment Partners LLC (5.18%), Riverbridge Partners LLC (3.89%), William Blair Investment Management LLC (3.27%) and Eagle Asset Management Inc. (3.15%). Company insiders that own Ritchie Bros. Auctioneers stock include Darren Jeffrey Watt, Edward Baltazar Pitoniak, Karl William Werner, Kieran Colquhoun Holm and Sharon Ruth Driscoll. View Institutional Ownership Trends for Ritchie Bros. Auctioneers.

Which major investors are selling Ritchie Bros. Auctioneers stock?

RBA stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Champlain Investment Partners LLC, Mondrian Investment Partners LTD, ArrowMark Colorado Holdings LLC, Riverbridge Partners LLC, Marathon Asset Management LLP, Baillie Gifford & Co. and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Karl William Werner and Kieran Colquhoun Holm. View Insider Buying and Selling for Ritchie Bros. Auctioneers.

Which major investors are buying Ritchie Bros. Auctioneers stock?

RBA stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, The Manufacturers Life Insurance Company , Fiera Capital Corp, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Loomis Sayles & Co. L P, William Blair Investment Management LLC, Eagle Asset Management Inc. and CIBC Private Wealth Group LLC. Company insiders that have bought Ritchie Bros. Auctioneers stock in the last two years include Edward Baltazar Pitoniak and Sharon Ruth Driscoll. View Insider Buying and Selling for Ritchie Bros. Auctioneers.

How do I buy shares of Ritchie Bros. Auctioneers?

Shares of RBA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ritchie Bros. Auctioneers' stock price today?

One share of RBA stock can currently be purchased for approximately $33.61.

How big of a company is Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers has a market capitalization of $3.66 billion and generates $1.17 billion in revenue each year. The business services provider earns $121.48 million in net income (profit) each year or $1.08 on an earnings per share basis. Ritchie Bros. Auctioneers employs 2,200 workers across the globe.

What is Ritchie Bros. Auctioneers' official website?

The official website for Ritchie Bros. Auctioneers is http://www.rbauction.com/.

How can I contact Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers' mailing address is 9500 GLENLYON PARKWAY, BURNABY A1, V5J 0C6. The business services provider can be reached via phone at 778-331-5500 or via email at [email protected]


MarketBeat Community Rating for Ritchie Bros. Auctioneers (NYSE RBA)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  305 (Vote Outperform)
Underperform Votes:  571 (Vote Underperform)
Total Votes:  876
MarketBeat's community ratings are surveys of what our community members think about Ritchie Bros. Auctioneers and other stocks. Vote "Outperform" if you believe RBA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RBA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

Featured Article: Do Tariffs Work?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel