NYSE:RBA - Ritchie Bros. Auctioneers Stock Price, Forecast & News

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, November 6th. Investors of record on Wednesday, November 27th will be given a dividend of $0.20 per share on Wednesday, December 18th. This represents a $0.80 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Tuesday, November 26th. View Ritchie Bros. Auctioneers' Dividend History.

Ritchie Bros. Auctioneers Inc (NYSE:RBA) announced its quarterly earnings results on Thursday, November, 7th. The business services provider reported $0.23 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.01. The business services provider earned $289.80 million during the quarter, compared to analysts' expectations of $289.55 million. Ritchie Bros. Auctioneers had a net margin of 9.90% and a return on equity of 15.88%. The company's quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.18 earnings per share. View Ritchie Bros. Auctioneers' Earnings History.

Ritchie Bros. Auctioneers is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Ritchie Bros. Auctioneers.

9 equities research analysts have issued 12-month price targets for Ritchie Bros. Auctioneers' stock. Their forecasts range from $31.00 to $43.50. On average, they anticipate Ritchie Bros. Auctioneers' share price to reach $37.00 in the next year. This suggests that the stock has a possible downside of 14.3%. 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 3 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ritchie Bros. Auctioneers.

Headlines about RBA stock have been trending somewhat negative on Monday, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. 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 impact score of -1.4 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Ritchie Bros. Auctioneers.

Ritchie Bros. Auctioneers saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 429,600 shares, a decline of 58.7% from the December 31st total of 1,040,000 shares. Based on an average daily trading volume, of 396,300 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.4% 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), Trip.com Group (TCOM), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), LYFT (LYFT), Fair Isaac (FICO), The Western Union (WU), Zillow Group (Z), Zillow Group (ZG), WEX (WEX), Nielsen (NLSN), CDK Global (CDK), Etsy (ETSY), GrubHub (GRUB) and Healthequity (HQY).

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), Xilinx (XLNX), Home Depot (HD), NVIDIA (NVDA), Walgreens Boots Alliance (WBA), BCE (BCE), Carnival (CCL) and Energy Transfer LP Unit (ET).

Ritchie Bros. Auctioneers' stock is owned by many different of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (3.23%), Marathon Asset Management LLP (1.46%), CWM LLC (0.16%), OLD National Bancorp IN (0.01%), Janney Montgomery Scott LLC (0.01%) and OmniStar Financial Group Inc. (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, CWM LLC, Marathon Asset Management LLP, OmniStar Financial Group Inc., Diversified Trust Co, OLD National Bancorp IN and We Are One Seven LLC. 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 Exchange Traded Concepts LLC, Carroll Financial Associates Inc., Wedbush Securities Inc., Janney Montgomery Scott LLC and NEXT 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 $43.19.

Ritchie Bros. Auctioneers has a market capitalization of $4.72 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]