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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
TSE:RBA

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

C$90.07
+1.31 (+1.48%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
C$87.98
C$90.22
50-Day Range
C$75.71
C$93.41
52-Week Range
C$62.02
C$94.96
Volume
167,078 shs
Average Volume
190,091 shs
Market Capitalization
C$9.98 billion
P/E Ratio
25.88
Dividend Yield
1.56%
Price Target
C$68.00
RBA stock logo

About Ritchie Bros. Auctioneers (TSE:RBA) Stock

Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.

Ritchie Bros. Auctioneers Stock Performance

RBA traded up C$1.31 during midday trading on Tuesday, reaching C$90.07. The company had a trading volume of 167,078 shares, compared to its average volume of 190,091. The company has a debt-to-equity ratio of 141.24, a quick ratio of 0.88 and a current ratio of 1.21. The stock has a market cap of C$9.98 billion and a PE ratio of 25.88. Ritchie Bros. Auctioneers has a 12-month low of C$62.02 and a 12-month high of C$94.96. The business has a 50-day moving average price of C$83.62 and a two-hundred day moving average price of C$76.93.

Ritchie Bros. Auctioneers (TSE:RBA - Get Rating) (NYSE:RBA) last announced its quarterly earnings results on Thursday, August 4th. The company reported C$0.61 EPS for the quarter, missing analysts' consensus estimates of C$0.64 by C($0.03). The company had revenue of C$618.46 million for the quarter, compared to the consensus estimate of C$569.74 million. On average, sell-side analysts expect that Ritchie Bros. Auctioneers will post 2.5200002 earnings per share for the current fiscal year.

Ritchie Bros. Auctioneers Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 14th. Investors of record on Wednesday, August 24th will be paid a dividend of $0.345 per share. This is a boost from Ritchie Bros. Auctioneers's previous quarterly dividend of $0.32. This represents a $1.38 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date is Tuesday, August 23rd. Ritchie Bros. Auctioneers's dividend payout ratio is presently 28.74%.

Wall Street Analysts Forecast Growth

RBA has been the subject of a number of recent analyst reports. Royal Bank of Canada upped their price objective on shares of Ritchie Bros. Auctioneers from C$67.00 to C$73.00 and gave the stock an "outperform" rating in a research report on Monday. National Bankshares cut shares of Ritchie Bros. Auctioneers to a "sell" rating and set a C$56.00 target price on the stock. in a research note on Tuesday, July 12th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of C$68.00.

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RBA Stock News Headlines

Ritchie Bros Up 6% On Surge In Q1 Profit
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RBA Company Calendar

Ex-Dividend for 6/17 Dividend
5/26/2022
Dividend Payable
6/17/2022
Last Earnings
8/04/2022
Today
8/10/2022
Ex-Dividend for 9/14 Dividend
8/23/2022
Dividend Payable
9/14/2022
Next Earnings (Estimated)
11/03/2022

Industry, Sector and Symbol

Industry
Business Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$68.00
High Stock Price Forecast
C$73.00
Low Stock Price Forecast
C$56.00
Forecasted Upside/Downside
-24.5%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
6 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.48 billion
Cash Flow
C$4.09 per share
Book Value
C$11.06 per share

Miscellaneous

Free Float
N/A
Market Cap
C$9.98 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Ms. Ann M. Fandozzi (Age 51)
    CEO & Director
    Comp: $2.07M
  • Mr. James F. Kessler (Age 49)
    Pres & COO
    Comp: $1.11M
  • Mr. Baron Concors (Age 52)
    Chief Information Officer
    Comp: $671.68k
  • Ms. Sharon R. Driscoll (Age 60)
    Exec. VP & Advisor to the CEO
    Comp: $905.72k
  • Ms. Kari R. Taylor (Age 48)
    Chief Revenue Officer
    Comp: $856.85k
  • Mr. David E. Ritchie
    Founder and Chairman Emeritus
  • Mr. Eric D. Jacobs Esq. (Age 55)
    Chief Financial Officer
  • Mr. Sameer Rathod
    VP of Investor Relations & Market Intelligence
  • Mr. Darren J. Watt (Age 50)
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Ian Malinski
    Media Relations Mang.













RBA Stock - Frequently Asked Questions

Should I buy or sell Ritchie Bros. Auctioneers stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RBA shares. 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.
View RBA analyst ratings
or view top-rated stocks.

What is Ritchie Bros. Auctioneers' stock price forecast for 2022?

6 brokerages have issued 1-year price targets for Ritchie Bros. Auctioneers' stock. Their RBA share price forecasts range from C$56.00 to C$73.00. On average, they expect the company's stock price to reach C$68.00 in the next twelve months. This suggests that the stock has a possible downside of 24.5%.
View analysts price targets for RBA
or view top-rated stocks among Wall Street analysts.

How has Ritchie Bros. Auctioneers' stock performed in 2022?

Ritchie Bros. Auctioneers' stock was trading at C$77.41 at the beginning of the year. Since then, RBA shares have increased by 16.4% and is now trading at C$90.07.
View the best growth stocks for 2022 here
.

When is Ritchie Bros. Auctioneers' next earnings date?

Ritchie Bros. Auctioneers is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our RBA earnings forecast
.

How were Ritchie Bros. Auctioneers' earnings last quarter?

Ritchie Bros. Auctioneers Incorporated (TSE:RBA) issued its quarterly earnings results on Thursday, August, 4th. The company reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.64 by $0.03. The business had revenue of $618.46 million for the quarter, compared to analyst estimates of $569.74 million.

How often does Ritchie Bros. Auctioneers pay dividends? What is the dividend yield for Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers announced a quarterly dividend on Wednesday, August 3rd. Investors of record on Wednesday, August 24th will be given a dividend of 0.345 per share on Wednesday, September 14th. This represents a $1.38 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Tuesday, August 23rd. This is a boost from the stock's previous quarterly dividend of C$0.32.
Read our dividend analysis for RBA
.

Is Ritchie Bros. Auctioneers a good dividend stock?

Ritchie Bros. Auctioneers (TSE:RBA) pays an annual dividend of C$1.00 per share and currently has a dividend yield of 1.56%. The dividend payout ratio is 28.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for RBA.

What other stocks do shareholders of Ritchie Bros. Auctioneers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ritchie Bros. Auctioneers investors own include Toronto-Dominion Bank (TD), Aurora Cannabis (ACB), BlackBerry (BB), CAE (CAE), Canadian National Railway (CNR), Hydro One (H), Hudbay Minerals (HBM), IAMGOLD (IMG), Kirkland Lake Gold (KL) and Starbucks (SBUX).

What is Ritchie Bros. Auctioneers' stock symbol?

Ritchie Bros. Auctioneers trades on the Toronto Stock Exchange (TSX) under the ticker symbol "RBA."

How do I buy shares of Ritchie Bros. Auctioneers?

Shares of RBA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Ritchie Bros. Auctioneers' stock price today?

One share of RBA stock can currently be purchased for approximately C$90.07.

How much money does Ritchie Bros. Auctioneers make?

Ritchie Bros. Auctioneers (TSE:RBA) has a market capitalization of C$9.98 billion and generates C$1.48 billion in revenue each year.

How many employees does Ritchie Bros. Auctioneers have?

Ritchie Bros. Auctioneers employs 2,700 workers across the globe.

How can I contact Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers' mailing address is 300-9500 Glenlyon Pky, BURNABY, BC V5J 0C6, Canada. The official website for the company is www.rbauction.com. The company can be reached via phone at +1-778-3315500.

This page (TSE:RBA) was last updated on 8/10/2022 by MarketBeat.com Staff

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