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RB Global (RBA) Stock Price, News & Analysis

$75.52
+0.27 (+0.36%)
(As of 05/21/2024 ET)
Today's Range
$74.96
$75.83
50-Day Range
$70.80
$77.37
52-Week Range
$51.41
$80.67
Volume
480,179 shs
Average Volume
806,125 shs
Market Capitalization
$13.82 billion
P/E Ratio
45.49
Dividend Yield
1.43%
Price Target
$83.00

RB Global MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
9.9% Upside
$83.00 Price Target
Short Interest
Bearish
2.25% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.60mentions of RB Global in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$1.13 M Sold Last Quarter
Proj. Earnings Growth
13.16%
From $1.90 to $2.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.96 out of 5 stars

Business Services Sector

89th out of 296 stocks

Business Services, Not Elsewhere Classified Industry

41st out of 87 stocks

RBA stock logo

About RB Global Stock (NYSE:RBA)

RB Global, Inc., an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution. The company's brands include GovPlanet, an online marketplace for the sale of government and military assets; RB Auction, an onsite and online marketplace for selling and buying used equipment; IronPlanet, an online marketplace for selling and buying used equipment; Marketplace-E, an online solution that make offers/buy now format; Rouse Appraisals, a certified appraisal service solution; Ritchie List Mascus, an online equipment listing service and B2B dealer portal; CSAToday, an online reporting and analysis tool that gives sellers the ability to manage their vehicle assets and monitor sales performance; and Catastrophe Response Services. In addition, it offers title, data, transportation and logistics, refurbishing, inspection, and financial services. It serves customers across various asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture. RB Global, Inc. was founded in 1958 and is headquartered in Westchester, Illinois.

RBA Stock Price History

RBA Stock News Headlines

RB Global reports first quarter 2024 results
RBA Aug 2024 82.500 call
RBA Jun 2024 82.500 call
RBA Mar 2024 77.500 call
RBA Mar 2024 67.500 put
RB Global Inc's Dividend Analysis
Why RB Global (RBA) Could Beat Earnings Estimates Again
See More Headlines
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Company Calendar

Ex-Dividend for 3/1 Dividend
2/08/2024
Last Earnings
2/23/2024
Dividend Payable
3/01/2024
Today
5/21/2024
Ex-Dividend for 6/20 Dividend
5/29/2024
Dividend Payable
6/20/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
9,600
Year Founded
1958

Price Target and Rating

Average Stock Price Target
$83.00
High Stock Price Target
$93.00
Low Stock Price Target
$70.00
Potential Upside/Downside
+9.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$206.50 million
Pretax Margin
10.86%

Debt

Sales & Book Value

Annual Sales
$3.68 billion
Cash Flow
$3.69 per share
Book Value
$27.50 per share

Miscellaneous

Free Float
175,432,000
Market Cap
$13.82 billion
Optionable
Optionable
Beta
0.88

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Key Executives


RBA Stock Analysis - Frequently Asked Questions

Should I buy or sell RB Global stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RB Global in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RBA shares.
View RBA analyst ratings
or view top-rated stocks.

What is RB Global's stock price target for 2024?

4 equities research analysts have issued 12 month target prices for RB Global's shares. Their RBA share price targets range from $70.00 to $93.00. On average, they anticipate the company's stock price to reach $83.00 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price.
View analysts price targets for RBA
or view top-rated stocks among Wall Street analysts.

How have RBA shares performed in 2024?

RB Global's stock was trading at $66.89 at the beginning of 2024. Since then, RBA shares have increased by 12.9% and is now trading at $75.52.
View the best growth stocks for 2024 here
.

When is RB Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our RBA earnings forecast
.

How were RB Global's earnings last quarter?

RB Global, Inc. (NYSE:RBA) issued its earnings results on Friday, February, 23rd. The business services provider reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.14. The business services provider had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.04 billion. RB Global had a trailing twelve-month return on equity of 6.87% and a net margin of 8.08%. The firm's revenue for the quarter was up 134.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 EPS.

How often does RB Global pay dividends? What is the dividend yield for RB Global?

RB Global announced a quarterly dividend on Thursday, May 9th. Shareholders of record on Wednesday, May 29th will be paid a dividend of $0.27 per share on Thursday, June 20th. This represents a $1.08 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Wednesday, May 29th.
Read our dividend analysis for RBA
.

Is RB Global a good dividend stock?

RB Global (NYSE:RBA) pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.44%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 65.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RBA will have a dividend payout ratio of 50.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RBA.

What is Ann Fandozzi's approval rating as RB Global's CEO?

34 employees have rated RB Global Chief Executive Officer Ann Fandozzi on Glassdoor.com. Ann Fandozzi has an approval rating of 94% among the company's employees. This puts Ann Fandozzi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of RB Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RB Global investors own include SFL (SFL), Verizon Communications (VZ), Advanced Micro Devices (AMD), Target (TGT), Taiwan Semiconductor Manufacturing (TSM), Home Depot (HD), Pfizer (PFE), QUALCOMM (QCOM), RTX (RTX) and Xilinx (XLNX).

Who are RB Global's major shareholders?

RB Global's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.13%), EdgePoint Investment Group Inc. (4.68%), Riverbridge Partners LLC (1.79%), Janus Henderson Group PLC (1.73%), Ancora Advisors LLC (1.34%) and Champlain Investment Partners LLC (0.62%). Insiders that own company stock include Adam Dewitt, Ann Fandozzi, Baron Concors, Darren Jeffrey Watt, Erik Olsson, James Francis Kessler, James J Jeter, Matthew Ackley, Megan Anne Cash, Michael D Sieger, Robert George Elton, Sharon Ruth Driscoll and Timothy J O'day.
View institutional ownership trends
.

How do I buy shares of RB Global?

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

Does RB Global have any subsidiaries?
The following companies are subsidiares of RB Global: AssetNation, AssetNation Inc., Euro Auctions, IronPlanet, IronPlanet Canada Ltd., IronPlanet Inc, IronPlanet Limited, IronPlanet Mexico S. de R.L. de C.V., IronPlanet Motors LLC, IronPlanet UK Limited, Kramer Auctions, Kruse Energy & Equipment Auctioneers LLC, Leake Auction Company, Mascus, Mascus A/S, Mascus IP B.V., Mascus International B.V., Mascus International Holdings B.V., R.B. Services SARL, RBA Holdings Inc., Ritchie Auction (Beijing) Co. Ltd., Ritchie Bros. (NZ) Limited, Ritchie Bros. Asset Solutions Inc., Ritchie Bros. Auctioneers (America) Inc., Ritchie Bros. Auctioneers (Beijing) Co. Ltd., Ritchie Bros. Auctioneers (Canada) Ltd., Ritchie Bros. Auctioneers (Japan) K.K., Ritchie Bros. Auctioneers (ME) Limited, Ritchie Bros. Auctioneers (Panama) S.A., Ritchie Bros. Auctioneers (Spain) S.L.U., Ritchie Bros. Auctioneers Comercial de Equipamentos Industriais Ltda, Ritchie Bros. Auctioneers France SAS, Ritchie Bros. Auctioneers India Private Limited, Ritchie Bros. Auctioneers Mexico Services S. de R.L. de C.V., Ritchie Bros. Auctioneers Muzayede Danismanlik ve Ticaret Limited Sirketi, Ritchie Bros. Auctioneers Pte Ltd., Ritchie Bros. Auctioneers Pty Ltd., Ritchie Bros. Auctioneers de Mexico S. de R.L. de C.V., Ritchie Bros. B.V., Ritchie Bros. Deutschland GmbH, Ritchie Bros. Finance Ltd., Ritchie Bros. Financial Services (America) Inc., Ritchie Bros. Financial Services Ltd., Ritchie Bros. Finland Oy, Ritchie Bros. Holdings B.V., Ritchie Bros. Holdings Inc., Ritchie Bros. Holdings Ltd., Ritchie Bros. Holdings Pty Ltd., Ritchie Bros. Holdings SARL, Ritchie Bros. Investment Holdings (Luxembourg) SARL, Ritchie Bros. Italia S.r.l., Ritchie Bros. Polska Sp. Z.o.o., Ritchie Bros. Properties (Spain) S.L.U., Ritchie Bros. Properties B.V., Ritchie Bros. Properties EURL, Ritchie Bros. Properties Inc., Ritchie Bros. Properties Japan K.K., Ritchie Bros. Properties Ltd., Ritchie Bros. Properties Pty Ltd., Ritchie Bros. Properties S. de R.L. de C.V., Ritchie Bros. Properties S.r.l., Ritchie Bros. Real Estate Service Ltd., Ritchie Bros. Shared Services B.V., Ritchie Bros. Sweden AB, Ritchie Bros. UK Limited, Rouse Analytics LLC, Rouse Appraisals LLC, Rouse Sales LLC, Rouse Services Canada Ltd., Rouse Services LLC, SalvageSale De Mexico S. de R.L. de C.V., SalvageSale Mexico Holding LLC, SalvageSale Servicios S. de R.L. de C.V., SmartEquip, SmartEquip Inc., and Xcira LLC.
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This page (NYSE:RBA) was last updated on 5/21/2024 by MarketBeat.com Staff

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