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

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

Ritchie Bros. Auctioneers announced a quarterly dividend on Wednesday, August 7th. Shareholders of record on Wednesday, August 28th will be given a dividend of $0.20 per share on Wednesday, September 18th. This represents a $0.80 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend is Tuesday, August 27th. This is a boost from Ritchie Bros. Auctioneers's previous quarterly dividend of $0.18. View Ritchie Bros. Auctioneers' Dividend History.

Ritchie Bros. Auctioneers Inc (NYSE:RBA) issued its earnings results on Thursday, August, 8th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.43 by $0.06. The business services provider had revenue of $393.20 million for the quarter, compared to the consensus estimate of $352.51 million. Ritchie Bros. Auctioneers had a return on equity of 15.27% and a net margin of 10.08%. The company's revenue for the quarter was up 27.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 EPS. View Ritchie Bros. Auctioneers' Earnings History.

Ritchie Bros. Auctioneers is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Ritchie Bros. Auctioneers.

9 brokerages have issued 1 year price targets for Ritchie Bros. Auctioneers' stock. Their forecasts range from $29.00 to $40.00. On average, they expect Ritchie Bros. Auctioneers' stock price to reach $35.29 in the next twelve months. This suggests that the stock has a possible downside of 10.5%. View Analyst Price Targets for Ritchie Bros. Auctioneers.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ritchie Bros. Auctioneers.

Media stories about RBA stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Ritchie Bros. Auctioneers earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media coverage 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 immediate future. View News Stories for Ritchie Bros. Auctioneers.

Ritchie Bros. Auctioneers saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 325,500 shares, a decline of 17.3% from the August 30th total of 393,600 shares. Based on an average daily volume of 379,800 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the shares of the stock are sold short. View Ritchie Bros. Auctioneers' Current Options Chain.

Some companies that are related to Ritchie Bros. Auctioneers include Ctrip.Com International (CTRP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), LYFT (LYFT), The Western Union (WU), Fair Isaac (FICO), WEX (WEX), Nielsen (NLSN), Etsy (ETSY), Alliance Data Systems (ADS), Zillow Group (Z), Zillow Group (ZG), CDK Global (CDK), GrubHub (GRUB) and CIELO S A/S (CIOXY).

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), Visa (V), NVIDIA (NVDA), Carnival (CCL), General Electric (GE) and Union Pacific (UNP).

Ritchie Bros. Auctioneers' stock is owned by a number of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (3.44%), OmniStar Financial Group Inc. (0.01%) and Diversified Trust Co (0.01%). Company insiders that own Ritchie Bros. Auctioneers stock include Darren Jeffrey Watt, Edward Baltazar Pitoniak, Karl William Werner, Kieran Colquhoun Holm and Todd Donald Wohler. View Institutional Ownership Trends for Ritchie Bros. Auctioneers.

RBA stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC and Diversified Trust Co. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Darren Jeffrey Watt and Todd Donald Wohler. View Insider Buying and Selling for Ritchie Bros. Auctioneers.

RBA stock was acquired by a variety of institutional investors in the last quarter, including OmniStar Financial Group Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of RBA stock can currently be purchased for approximately $39.41.

Ritchie Bros. Auctioneers has a market capitalization of $4.26 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.View Additional Information About Ritchie Bros. Auctioneers.

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

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]