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.
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Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
Phone778-331-5500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.17 billion
Profitability
Miscellaneous
Employees2,200
Next Earnings Date11/14/2019 (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 declared a quarterly dividend on Wednesday, August 7th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.06%. 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.
How were Ritchie Bros. Auctioneers' earnings last quarter?
Ritchie Bros. Auctioneers Inc (NYSE:RBA) announced its quarterly earnings results on Thursday, August, 8th. The business services provider reported $0.49 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.06. The business services provider had revenue of $393.20 million for the quarter, compared to analyst estimates of $352.51 million. Ritchie Bros. Auctioneers had a net margin of 10.08% and a return on equity of 15.27%. The firm's quarterly revenue was up 27.4% compared to the same quarter last year. During the same period last year, the company posted $0.42 EPS. View Ritchie Bros. Auctioneers' Earnings History.
When is Ritchie Bros. Auctioneers' next earnings date?
What price target have analysts set for RBA?
10 Wall Street analysts have issued 12-month price targets for Ritchie Bros. Auctioneers' shares. Their forecasts range from $29.00 to $44.00. On average, they anticipate Ritchie Bros. Auctioneers' share price to reach $36.3750 in the next twelve months. This suggests that the stock has a possible downside of 6.3%. View Analyst Price Targets for Ritchie Bros. Auctioneers.
What is the consensus analysts' recommendation for Ritchie Bros. Auctioneers?
10 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 3 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?
Press coverage about RBA stock has been trending negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ritchie Bros. Auctioneers earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Ritchie Bros. Auctioneers.
Who are some of Ritchie Bros. Auctioneers' key competitors?
Some companies that are related to Ritchie Bros. Auctioneers include LYFT (LYFT), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Fair Isaac (FICO), The Western Union (WU), WEX (WEX), Alliance Data Systems (ADS), Nielsen (NLSN), Zillow Group (Z), Zillow Group (ZG), Etsy (ETSY), GrubHub (GRUB), CDK Global (CDK), CIELO S A/S (CIOXY) and MAXIMUS (MMS).
What other stocks do shareholders of Ritchie Bros. Auctioneers own?
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. (10.11%), Janus Henderson Group PLC (5.72%), Janus Henderson Group PLC (5.72%), Riverbridge Partners LLC (3.75%), Eagle Asset Management Inc. (3.35%) and William Blair Investment Management LLC (3.19%). Company insiders that own Ritchie Bros. Auctioneers stock include Darren Jeffrey Watt, Edward Baltazar Pitoniak, Karl William Werner, Kieran Colquhoun Holm, Sharon Ruth Driscoll and Todd Donald Wohler. View Institutional Ownership Trends for Ritchie Bros. Auctioneers.
Which institutional investors are selling Ritchie Bros. Auctioneers stock?
RBA stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Norris Perne & French LLP MI, Riverbridge Partners LLC, Keeley Teton Advisors LLC, Renaissance Technologies LLC, Canada Pension Plan Investment Board, Citadel Advisors LLC and William Blair Investment Management LLC. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Kieran Colquhoun Holm and Todd Donald Wohler. View Insider Buying and Selling for Ritchie Bros. Auctioneers.
Which institutional investors are buying Ritchie Bros. Auctioneers stock?
RBA stock was purchased by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Eagle Asset Management Inc., Carillon Tower Advisers Inc., Bank of America Corp DE, JPMorgan Chase & Co., Mackenzie Financial Corp, Vanguard Group Inc. and Bank of Montreal Can. 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 $38.84.
How big of a company is Ritchie Bros. Auctioneers?
Ritchie Bros. Auctioneers has a market capitalization of $4.19 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.
What is Ritchie Bros. Auctioneers' official website?
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)
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.
