Ritchie Bros. Auctioneers Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Ritchie Bros. Auctioneers stock. 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.
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Ritchie Bros. Auctioneers is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
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Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) issued its quarterly earnings results on Sunday, May, 9th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. The business services provider earned $331.56 million during the quarter, compared to the consensus estimate of $294.73 million. Ritchie Bros. Auctioneers had a net margin of 12.22% and a trailing twelve-month return on equity of 19.56%. Ritchie Bros. Auctioneers's quarterly revenue was up 21.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.21 EPS.
View Ritchie Bros. Auctioneers' earnings history.

Ritchie Bros. Auctioneers' stock was trading at $37.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RBA shares have increased by 58.3% and is now trading at $58.92.
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Ritchie Bros. Auctioneers declared a quarterly dividend on Wednesday, May 12th. Investors of record on Wednesday, May 26th will be paid a dividend of $0.22 per share on Wednesday, June 16th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend is Tuesday, May 25th.
View Ritchie Bros. Auctioneers' dividend history.

Ritchie Bros. Auctioneers pays an annual dividend of $0.44 per share and currently has a dividend yield of 0.74%. Ritchie Bros. Auctioneers has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Ritchie Bros. Auctioneers is 26.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Ritchie Bros. Auctioneers will have a dividend payout ratio of 21.05% next year. This indicates that Ritchie Bros. Auctioneers will be able to sustain or increase its dividend.
View Ritchie Bros. Auctioneers' dividend history.

7 brokers have issued 1-year target prices for Ritchie Bros. Auctioneers' shares. Their forecasts range from $55.00 to $80.00. On average, they anticipate Ritchie Bros. Auctioneers' stock price to reach $66.50 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price.
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34 employees have rated Ritchie Bros. Auctioneers CEO Ann Fandozzi on Glassdoor.com. Ann Fandozzi has an approval rating of 94% among Ritchie Bros. Auctioneers' employees. This puts Ann Fandozzi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Ritchie Bros. Auctioneers include Trip.com Group (TCOM), FLEETCOR Technologies (FLT), Etsy (ETSY), Lyft (LYFT), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Affirm (AFRM), Farfetch (FTCH), Fair Isaac (FICO), Worldline (WWLNF), The Western Union (WU), Nielsen (NLSN), WEX (WEX), Concentrix (CNXC) and Shift4 Payments (FOUR).
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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), The Home Depot (HD), Pfizer (PFE), QUALCOMM (QCOM), Raytheon Technologies (RTX) and Xilinx (XLNX).

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

Ritchie Bros. Auctioneers' stock is owned by a variety of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (11.02%), Janus Henderson Group PLC (5.70%), Riverbridge Partners LLC (4.09%), William Blair Investment Management LLC (3.63%), Baillie Gifford & Co. (2.91%) and Champlain Investment Partners LLC (2.17%). Company insiders that own Ritchie Bros. Auctioneers stock include Christopher Zimmerman, Darren Jeffrey Watt, James J Jeter, Karl William Werner, Kieran Colquhoun Holm, Matthew Ackley, Sharon Ruth Driscoll 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 Baillie Gifford & Co., FIL Ltd, Royal Bank of Canada, Bank of Montreal Can, Renaissance Technologies LLC, Thrivent Financial for Lutherans, TD Asset Management Inc., and Man Group plc. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Christopher Zimmerman, Darren Jeffrey Watt, James J Jeter, Karl William Werner, Kieran Colquhoun Holm, Matthew Ackley, and Sharon Ruth Driscoll.
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RBA stock was purchased by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, Vontobel Asset Management Inc., Massachusetts Financial Services Co. MA, Mondrian Investment Partners LTD, Bank of New York Mellon Corp, Riverbridge Partners LLC, Vaughan Nelson Investment Management L.P., and Ameriprise Financial Inc..
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Shares of RBA 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.
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One share of RBA stock can currently be purchased for approximately $58.92.

Ritchie Bros. Auctioneers has a market capitalization of $6.50 billion and generates $1.38 billion in revenue each year. The business services provider earns $170.10 million in net income (profit) each year or $1.68 on an earnings per share basis.

Ritchie Bros. Auctioneers employs 2,600 workers across the globe.

Ritchie Bros. Auctioneers was founded in 1958.

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

Ritchie Bros. Auctioneers is headquartered at 9500 GLENLYON PARKWAY, BURNABY A1, V5J 0C6.

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]