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

Ritchie Bros. Auctioneers' stock was trading at $37.23 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RBA stock has increased by 10.9% and is now trading at $41.27. 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) posted its earnings results on Thursday, May, 7th. The business services provider reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.02. The business services provider earned $273.30 million during the quarter, compared to the consensus estimate of $302.20 million. Ritchie Bros. Auctioneers had a net margin of 11.93% and a return on equity of 17.51%. The firm's quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.17 earnings per share. View Ritchie Bros. Auctioneers' earnings history.

Ritchie Bros. Auctioneers declared a quarterly dividend on Wednesday, May 6th. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.20 per share on Wednesday, June 17th. This represents a $0.80 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Tuesday, May 26th. View Ritchie Bros. Auctioneers' dividend history.

11 brokerages have issued 12 month target prices for Ritchie Bros. Auctioneers' stock. Their forecasts range from $36.00 to $50.00. On average, they expect Ritchie Bros. Auctioneers' share price to reach $42.44 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price. View analysts' price targets for Ritchie Bros. Auctioneers.

News stories about RBA stock have trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring 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 news impact score of -1.8 on InfoTrie's scale. They also gave headlines 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 effect 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 trading volume of 599,500 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.8% of the company's stock are sold short. View Ritchie Bros. Auctioneers' Current Options Chain.

Some companies that are related to Ritchie Bros. Auctioneers include Trip.com Group (TCOM), Ctrip.Com International (CTRP), Broadridge Financial Solutions (BR), Zillow Group (Z), Etsy (ETSY), Zillow Group (ZG), Fair Isaac (FICO), LYFT (LYFT), The Western Union (WU), WEX (WEX), Farfetch (FTCH), 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 retail and institutional 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 purchased 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 $41.27.

Ritchie Bros. Auctioneers has a market capitalization of $4.47 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]