NYSE:RBA Ritchie Bros. Auctioneers - RBA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ritchie Bros. Auctioneers Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. $62.35 +0.38 (+0.61%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$61.30▼$62.5850-Day Range$53.28▼$62.3552-Week Range$48.65▼$72.73Volume875,167 shsAverage Volume1.91 million shsMarket Capitalization$6.92 billionP/E Ratio22.84Dividend Yield1.73%Price Target$60.78 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ritchie Bros. Auctioneers MarketRank™ ForecastAnalyst RatingHold2.36 Rating ScoreUpside/Downside2.5% Downside$60.78 Price TargetShort InterestBearish7.86% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.26Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth19.90%From $1.96 to $2.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.29 out of 5 starsBusiness Services Sector101st out of 321 stocksBusiness Services, Not Elsewhere Classified Industry39th out of 93 stocks 2.2 Analyst's Opinion Consensus RatingRitchie Bros. Auctioneers has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 5 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $60.78, Ritchie Bros. Auctioneers has a forecasted downside of 2.5% from its current price of $62.35.Amount of Analyst CoverageRitchie Bros. Auctioneers has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.86% of the float of Ritchie Bros. Auctioneers has been sold short.Short Interest Ratio / Days to CoverRitchie Bros. Auctioneers has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in Ritchie Bros. Auctioneers has recently increased by 16.62%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldRitchie Bros. Auctioneers pays a meaningful dividend of 1.73%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRitchie Bros. Auctioneers has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Ritchie Bros. Auctioneers is 39.56%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ritchie Bros. Auctioneers will have a dividend payout ratio of 45.96% next year. This indicates that Ritchie Bros. Auctioneers will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RBA. Previous Next 1.8 News and Social Media Coverage News SentimentRitchie Bros. Auctioneers has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Ritchie Bros. Auctioneers this week, compared to 2 articles on an average week.Search InterestOnly 7 people have searched for RBA on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Ritchie Bros. Auctioneers to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ritchie Bros. Auctioneers insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.71% of the stock of Ritchie Bros. Auctioneers is held by insiders.Percentage Held by Institutions81.09% of the stock of Ritchie Bros. Auctioneers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ritchie Bros. Auctioneers are expected to grow by 19.90% in the coming year, from $1.96 to $2.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ritchie Bros. Auctioneers is 22.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Ritchie Bros. Auctioneers is 22.84, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 258.59.Price to Earnings Growth RatioRitchie Bros. Auctioneers has a PEG Ratio of 3.80. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRitchie Bros. Auctioneers has a P/B Ratio of 6.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ritchie Bros. Auctioneers (NYSE:RBA) StockRitchie Bros. Auctioneers, Inc. is an industrial auctioneer, which engages in the sale of equipment to on-site and online bidders. It operates through the following segments: Auctions and Marketplaces, Ritchie Bros. Financial Services and Mascus. The Auctions and Marketplaces segment consists of live on site auctions, online auctions and marketplaces, and brokerage service. The Ritchie Bros. Financial Services segment refers to the financial brokerage service. The Mascus segment includes online listing service. The company was founded by David Edward Ritchie in 1958 and is headquartered in Burnaby, Canada.Read More Receive RBA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ritchie Bros. Auctioneers and its competitors with MarketBeat's FREE daily newsletter. Email Address RBA Stock News HeadlinesFebruary 3, 2023 | bizjournals.comRitchie Bros. purchase of IAA raises objections from investorsJanuary 30, 2023 | reuters.comInvestors split over Ritchie Bros' $7 bln bid for Janus joins Luxor IAAFebruary 5, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 30, 2023 | finance.yahoo.comJanus joins Luxor in opposing Ritchie Bros bid for IAAJanuary 30, 2023 | ca.finance.yahoo.comJanus joins Luxor in opposing Ritchie Bros $7 billion bid for IAAJanuary 30, 2023 | finance.yahoo.comUPDATE 1-Janus joins Luxor in opposing Ritchie Bros $7 bln bid for IAAJanuary 30, 2023 | seekingalpha.comRitchie Bros. holder Janus Henderson intends to vote against IAA Inc. acquisitionJanuary 30, 2023 | finance.yahoo.comRitchie Bros.' February Orlando, FL auction surpasses 10,000+ equipment items & vehiclesFebruary 5, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 29, 2023 | finance.yahoo.comIs Now The Time To Look At Buying Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)?January 28, 2023 | americanbankingnews.comRitchie Bros. Auctioneers Incorporated to Post FY2022 Earnings of $1.87 Per Share, Raymond James Forecasts (NYSE:RBA)January 26, 2023 | americanbankingnews.comRitchie Bros. Auctioneers (NYSE:RBA) PT Raised to $60.00 at Raymond JamesJanuary 26, 2023 | americanbankingnews.comRitchie Bros. Auctioneers (NYSE:RBA) Sees Large Volume Increase After Analyst UpgradeJanuary 25, 2023 | ca.finance.yahoo.comLuxor Capital still opposed to Ritchie Bros. deal to buy IAA despite changesJanuary 24, 2023 | finance.yahoo.comLuxor Capital Comments on “Restructured” Ritchie Bros. Proposed Merger with IAAJanuary 24, 2023 | msn.comCanada's Ritchie Bros raises cash payout under revised offer for IAAJanuary 24, 2023 | markets.businessinsider.comWhere Ritchie Bros Auctioneers Stands With AnalystsJanuary 23, 2023 | finance.yahoo.comIAA Stock Rises After Ritchie Updates OfferJanuary 23, 2023 | benzinga.comRitchie Bros. Secures $500M Strategic Investment From Starboard; Raises Cash Payout In IAA ProposalJanuary 23, 2023 | markets.businessinsider.comStarboard To Invest In Ritchie Bros.; IAA Shareholders To Receive $12.80/shr Under Amended DealJanuary 23, 2023 | wsj.comRitchie Bros. Sweetens Deal for IAA, With Starboard's Jeff Smith Set to Join BoardJanuary 18, 2023 | finance.yahoo.comLuxor Capital Files Preliminary Proxy Statement to Oppose Ritchie Bros. Value Destructive Merger with IAAJanuary 11, 2023 | finance.yahoo.comRitchie Bros. Financial Services funds US$1+ billion in equipment and vehicle purchases in 2022December 27, 2022 | finance.yahoo.comSatellite yards enable Ritchie Bros.' largest auction ever in the Pacific NorthwestDecember 20, 2022 | markets.businessinsider.comRitchie Bros., IAA Receive Regulatory Clearance With Respect To Pending AcquisitionDecember 20, 2022 | finance.yahoo.comRitchie Bros. and IAA Announce Receipt of Regulatory Clearances for Proposed MergerDecember 19, 2022 | finance.yahoo.comRitchie Bros. sells US$86+ million of equipment in its largest ever December Fort Worth auctionSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive RBA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ritchie Bros. Auctioneers and its competitors with MarketBeat's FREE daily newsletter. Email Address RBA Company Calendar Last Earnings11/07/2022Ex-Dividend for 12/14 Dividend11/22/2022Dividend Payable12/14/2022Today2/05/2023Ex-Dividend for 3/3 Dividend2/09/2023Next Earnings (Confirmed)2/21/2023Dividend Payable3/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Business services, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:RBA CUSIPN/A CIK1046102 Webwww.rbauction.com Phone(778) 331-5500Fax778-331-5501Employees2,700Year Founded1958Price Target and Rating Average Stock Price Forecast$60.78 High Stock Price Forecast$67.00 Low Stock Price Forecast$55.00 Forecasted Upside/Downside-2.5%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.73 Trailing P/E Ratio22.84 Forward P/E Ratio31.81 P/E Growth3.8Net Income$151.87 million Net Margins18.49% Pretax Margin23.55% Return on Equity25.52% Return on Assets9.26% Debt Debt-to-Equity Ratio0.51 Current Ratio1.27 Quick Ratio1.13 Sales & Book Value Annual Sales$1.42 billion Price / Sales4.88 Cash Flow$2.28 per share Price / Cash Flow27.32 Book Value$9.68 per share Price / Book6.44Miscellaneous Outstanding Shares110,920,000Free Float110,135,000Market Cap$6.92 billion OptionableOptionable Beta0.91 Social Links Key ExecutivesAnn M. FandozziChief Executive Officer & DirectorJames KesslerPresident & Chief Operating OfficerEric Douglas JacobsChief Financial & Accounting OfficerBaron ConcorsChief Information OfficerBrian L. GlennSVP & Head of Sales CanadaKey CompetitorsConcentrixNASDAQ:CNXCExlServiceNASDAQ:EXLSShift4 PaymentsNYSE:FOURWestern UnionNYSE:WUWEXNYSE:WEXView All CompetitorsInsiders & InstitutionsMondrian Investment Partners LTDSold 100,590 shares on 2/3/2023Ownership: 0.363%OLD National Bancorp INBought 4,084 shares on 2/3/2023Ownership: 0.004%Simplex Trading LLCBought 27,200 shares on 2/2/2023Ownership: 0.000%Congress Wealth Management LLC DE Bought 22,018 shares on 2/2/2023Ownership: 0.020%Legacy Wealth Asset Management LLCSold 11,736 shares on 2/2/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions RBA Stock - Frequently Asked Questions Should I buy or sell Ritchie Bros. Auctioneers stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RBA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RBA, but not buy additional shares or sell existing shares. View RBA analyst ratings or view top-rated stocks. What is Ritchie Bros. Auctioneers' stock price forecast for 2023? 11 brokers have issued 12 month price targets for Ritchie Bros. Auctioneers' shares. Their RBA share price forecasts range from $55.00 to $67.00. On average, they anticipate the company's share price to reach $60.78 in the next twelve months. This suggests that the stock has a possible downside of 2.5%. View analysts price targets for RBA or view top-rated stocks among Wall Street analysts. How have RBA shares performed in 2023? Ritchie Bros. Auctioneers' stock was trading at $57.83 at the beginning of the year. Since then, RBA shares have increased by 7.8% and is now trading at $62.35. View the best growth stocks for 2023 here. Are investors shorting Ritchie Bros. Auctioneers? Ritchie Bros. Auctioneers saw a increase in short interest in January. As of January 15th, there was short interest totaling 7,460,000 shares, an increase of 34.4% from the December 31st total of 5,550,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the short-interest ratio is presently 6.4 days. Approximately 6.7% of the shares of the stock are short sold. View Ritchie Bros. Auctioneers' Short Interest. When is Ritchie Bros. Auctioneers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023. View our RBA earnings forecast. How can I listen to Ritchie Bros. Auctioneers' earnings call? Ritchie Bros. Auctioneers will be holding an earnings conference call on Tuesday, February 21st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8677 with passcode "106719". How were Ritchie Bros. Auctioneers' earnings last quarter? Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) posted its quarterly earnings results on Monday, November, 7th. The business services provider reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.08. The business services provider had revenue of $411.50 million for the quarter, compared to analysts' expectations of $366.23 million. Ritchie Bros. Auctioneers had a net margin of 18.49% and a trailing twelve-month return on equity of 25.52%. The firm's quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 earnings per share. 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 16th. Shareholders of record on Friday, February 10th will be given a dividend of $0.27 per share on Friday, March 3rd. This represents a $1.08 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Thursday, February 9th. Read our dividend analysis for RBA. Is Ritchie Bros. Auctioneers a good dividend stock? Ritchie Bros. Auctioneers (NYSE:RBA) pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.74%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 39.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RBA will have a dividend payout ratio of 45.96% 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 Ritchie Bros. Auctioneers' CEO? 34 employees have rated Ritchie Bros. Auctioneers 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 Ritchie Bros. Auctioneers own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ritchie Bros. Auctioneers 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), Raytheon Technologies (RTX) and Xilinx (XLNX). What is Ritchie Bros. Auctioneers' stock symbol? Ritchie Bros. Auctioneers trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBA." Who are Ritchie Bros. Auctioneers' major shareholders? Ritchie Bros. Auctioneers' stock is owned by a variety of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (3.68%), Baillie Gifford & Co. (1.43%), Allspring Global Investments Holdings LLC (0.41%), Vaughan Nelson Investment Management L.P. (0.38%), Ceredex Value Advisors LLC (0.38%) and Mondrian Investment Partners LTD (0.36%). Insiders that own company stock include Ann Fandozzi, Christopher Zimmerman, Darren Jeffrey Watt, James J Jeter, James J Jeter, Karl William Werner, Kieran Colquhoun Holm, Matthew Ackley, Sharon Ruth Driscoll and Todd Donald Wohler. View institutional ownership trends. How do I buy shares of Ritchie Bros. Auctioneers? Shares of RBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ritchie Bros. Auctioneers' stock price today? One share of RBA stock can currently be purchased for approximately $62.35. How much money does Ritchie Bros. Auctioneers make? Ritchie Bros. Auctioneers (NYSE:RBA) has a market capitalization of $6.92 billion and generates $1.42 billion in revenue each year. The business services provider earns $151.87 million in net income (profit) each year or $2.73 on an earnings per share basis. How many employees does Ritchie Bros. Auctioneers have? The company employs 2,700 workers across the globe. How can I contact Ritchie Bros. Auctioneers? Ritchie Bros. Auctioneers' mailing address is 9500 GLENLYON PARKWAY, BURNABY A1, V5J 0C6. The official website for the company is www.rbauction.com. The business services provider can be reached via phone at (778) 331-5500, via email at ir@rbauction.com, or via fax at 778-331-5501. This page (NYSE:RBA) was last updated on 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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