NYSE:RBARitchie Bros. Auctioneers Stock Price, Forecast & News

Ritchie Bros. Auctioneers' stock was trading at $37.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RBA stock has increased by 11.2% and is now trading at $41.41. View which stocks have been most impacted by Coronavirus.

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, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ritchie Bros. Auctioneers.

Ritchie Bros. Auctioneers is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Ritchie Bros. Auctioneers.

Ritchie Bros. Auctioneers Inc (NYSE:RBA) released its earnings results on Thursday, May, 7th. The business services provider reported $0.21 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.02. The business services provider earned $273.30 million during the quarter, compared to analyst estimates of $302.20 million. Ritchie Bros. Auctioneers had a return on equity of 17.51% and a net margin of 11.93%. Ritchie Bros. Auctioneers's revenue for the quarter was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.17 EPS. View Ritchie Bros. Auctioneers' earnings history.

Ritchie Bros. Auctioneers announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Wednesday, May 27th will be paid a dividend of $0.20 per share on Wednesday, June 17th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Tuesday, May 26th. View Ritchie Bros. Auctioneers' dividend history.

11 analysts have issued 1-year target prices for Ritchie Bros. Auctioneers' stock. Their forecasts range from $36.00 to $50.00. On average, they expect Ritchie Bros. Auctioneers' stock price to reach $42.44 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View analysts' price targets for Ritchie Bros. Auctioneers.

News stories about RBA stock have trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ritchie Bros. Auctioneers earned a news sentiment score of -1.2 on InfoTrie's scale. They also gave news stories about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Ritchie Bros. Auctioneers.

Ritchie Bros. Auctioneers saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 853,500 shares, an increase of 11.7% from the June 15th total of 763,900 shares. Based on an average daily volume of 599,500 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.8% of the company's shares are short sold. View Ritchie Bros. Auctioneers' Current Options Chain.

Some companies that are related to Ritchie Bros. Auctioneers include Ctrip.Com International (CTRP), Trip.com Group (TCOM), Broadridge Financial Solutions (BR), Etsy (ETSY), Zillow Group (Z), Zillow Group (ZG), Fair Isaac (FICO), LYFT (LYFT), The Western Union (WU), Farfetch (FTCH), WEX (WEX), GrubHub (GRUB), Nielsen (NLSN), CDK Global (CDK) and MAXIMUS (MMS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ritchie Bros. Auctioneers investors own include Ship Finance International (SFL), Verizon Communications (VZ), Gilead Sciences (GILD), QUALCOMM (QCOM), Alibaba Group (BABA), Walt Disney (DIS), Home Depot (HD), NVIDIA (NVDA), Moody's (MCO) and Target (TGT).

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

Ritchie Bros. Auctioneers' stock is owned by many different institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (3.24%), Envestnet Asset Management Inc. (0.25%), Diversified Trust Co (0.01%) and Carroll Financial Associates Inc. (0.00%). Company insiders that own Ritchie Bros. Auctioneers stock include Darren Jeffrey Watt, Edward Baltazar Pitoniak, James J Jeter, 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 Carroll Financial Associates Inc., and Diversified Trust Co. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Darren Jeffrey Watt, James J Jeter, Karl William Werner, Kieran Colquhoun Holm, and Todd Donald Wohler. View insider buying and selling activity for Ritchie Bros. Auctioneers.

RBA stock was acquired by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, and Envestnet Asset Management Inc.. View insider buying and selling activity 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 $41.41.

Ritchie Bros. Auctioneers has a market capitalization of $4.48 billion and generates $1.32 billion in revenue each year. The business services provider earns $149.04 million in net income (profit) each year or $1.33 on an earnings per share basis. Ritchie Bros. Auctioneers employs 2,400 workers across the globe.

The official website for Ritchie Bros. Auctioneers is 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]