Ritchie Bros. Auctioneers Inc. (RBA)

NYSE: RBA · IEX Real-Time Price · USD
61.02
-0.64 (-1.05%)
May 18, 2022 11:56 AM EDT - Market open
Market Cap6.76B
Revenue (ttm)1.48B
Net Income (ttm)301.77M
Shares Out110.74M
EPS (ttm)1.36
PE Ratio44.86
Forward PE29.94
Dividend$1.00 (1.64%)
Ex-Dividend DateMay 26, 2022
Volume77,961
Open60.88
Previous Close61.66
Day's Range60.77 - 61.38
52-Week Range48.65 - 76.18
Beta1.15
AnalystsBuy
Price Target44.45 (-27.1%)
Earnings DateMay 9, 2022

About RBA

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 u...

IndustryCommercial Services & Supplies
IPO DateMar 9, 1998
CEOAnn Fandozzi
Employees2,700
Stock ExchangeNYSE
Ticker SymbolRBA
Full Company Profile

Financial Performance

In 2021, RBA's revenue was $1.42 billion, an increase of 2.88% compared to the previous year's $1.38 billion. Earnings were $151.87 million, a decrease of -10.72%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for RBA stock is "Buy." The 12-month stock price forecast is 44.45, which is a decrease of -27.15% from the latest price.

Price Target
$44.45
(-27.15% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Ritchie Bros. digs into farm equipment trends with May 2022 Market Trends Report

While pricing remains up year over year, U.S. & Canada indexes show decreasing inflation rates VANCOUVER, BC , May 17, 2022 /PRNewswire/ - With its May Market Trends Report, Ritchie Bros. digs through f...

23 hours ago - PRNewsWire

Ritchie Bros. sells CA$102+ million of equipment in largest-ever auctions in Ontario & Manitoba

More than 6,400+ items were sold between the Toronto and Winnipeg auctions last week VANCOUVER, BC , May 16, 2022 /PRNewswire/ - Last week, Ritchie Bros. conducted its largest-ever auctions in Ontario a...

2 days ago - PRNewsWire

Ritchie Bros. brings big returns for agricultural equipment, farmland, and real estate this spring

45 farm auctions in March & April attracted 101,000+ bidders from around the world SASKATOON, SK , May 10, 2022 /PRNewswire/ - Each spring, Ritchie Bros. helps dozens of farmers from Western Canada reti...

1 week ago - PRNewsWire

Ritchie Bros. (RBA) Q1 Earnings and Revenues Surpass Estimates

Ritchie Bros. (RBA) delivered earnings and revenue surprises of 43.75% and 13.04%, respectively, for the quarter ended March 2022.

1 week ago - Zacks Investment Research

Ritchie Bros. reports first quarter 2022 results

VANCOUVER, BC , May 9, 2022 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (TSX: RBA) (NYSE: RBA), the "Company", "Ritchie Bros.

1 week ago - PRNewsWire

Ritchie Bros. sells CA$204+ million of equipment in massive six-day Edmonton, AB auction

23,800+ bidders from 55 countries registered for Canada's largest equipment auction of the year EDMONTON, AB , May 9, 2022 /PRNewswire/ - Last week Ritchie Bros. conducted its largest Canadian equipment...

1 week ago - PRNewsWire

Ritchie Bros. Announces Discontinuation of Euro Auctions Acquisition

VANCOUVER, BC , April 29, 2022 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE: RBA) and (TSX: RBA) ("Ritchie Bros.

2 weeks ago - PRNewsWire

Ritchie Bros. Auctioneers reports on voting results from the 2022 annual and special meeting of shareholders

VANCOUVER, BC , April 28, 2022 /PRNewswire/ - The Annual and Special Meeting of Shareholders (the "Meeting") of Ritchie Bros. Auctioneers Incorporated (the "Company") (NYSE: RBA) (TSX: RBA) was held on ...

2 weeks ago - PRNewsWire

Ritchie Bros. prepped to sell 11,000+ items in Canada's largest equipment auction of the year

The six-day Edmonton auction on May 2 – 7 features equipment & trucks from 1,400+ consignors EDMONTON, AB , April 25, 2022 /PRNewswire/ - Next week, Ritchie Bros. will sell more than 11,000 items for 1,...

3 weeks ago - PRNewsWire

Truck tractor prices up 58% YOY in the U.S. according to Ritchie Bros. April Market Trends Report

Vocational trucks, medium earthmoving, and aerial equipment also bringing big returns in 2022 VANCOUVER, BC , April 21, 2022 /PRNewswire/ - With its April Market Trends Report, Ritchie Bros. continues t...

3 weeks ago - PRNewsWire

�Ritchie Bros Financial Services surpasses US$1 billion in open credit approvals

Buyer demand is at an all-time high, with equipment & truck finance applications up 18% YOY VANCOUVER, BC , April 20, 2022 /PRNewswire/ - Equipment and truck pricing has hit record highs in 2022, showca...

4 weeks ago - PRNewsWire

Ritchie Bros. sells 4,400+ items for US$57+ million in Houston, TX

April 12 – 14 unreserved online auction attracts 10,750+ bidders from 55 countries HOUSTON, TX , April 18, 2022 /PRNewswire/ - With tight equipment supply in the market, Ritchie Bros. continues to deliv...

1 month ago - PRNewsWire

Media Advisory - Ritchie Bros. To Host First Quarter 2022 Results Earnings Conference Call on May 10, 2022

VANCOUVER, BC, April 13, 2022 /PRNewswire/ - Ritchie Bros. (NYSE: RBA) and (TSX: RBA) invites interested parties to participate in its First quarter 2022 earnings conference call, occurring on Tuesday, ...

1 month ago - PRNewsWire

BNP Paribas Leasing Solutions partners with Ritchie Bros. Asset Solutions to optimize its international asset valuati...

BREDA, The Netherlands , April 13, 2022 /PRNewswire/ - BNP Paribas Leasing Solutions, a European leader in equipment financing that managed more than €35.7 billion worth of assets in 2021, has selected ...

1 month ago - PRNewsWire

Ritchie Bros. continues online success with its largest-ever U.S. Timed Auction event in Sacramento, CA

2,800+ equipment items and trucks sold via its automated online bidding system for US$29+ million SACRAMENTO, Calif, April 6, 2022 /PRNewswire/ - More people are shopping online than ever before—it's th...

1 month ago - PRNewsWire

Ritchie Bros. sells CA$48+ million of equipment in its largest-ever Montreal, QC auction

The Company also sold US$42+ million of equipment in a U.S. Northeast Regional auction last week MONTREAL , March 28, 2022 /PRNewswire/ - Ritchie Bros. conducted its largest Montreal auction ever last w...

1 month ago - PRNewsWire

Record pricing continues in Texas with Ritchie Bros.' US$79+ million Fort Worth auction

March 15 – 17 online auction attracted 14,700+ bidders to compete for 4,600+ items FORT WORTH, Texas, March 21, 2022 /PRNewswire/ - Ritchie Bros.' record pricing continued in Texas last week, with the c...

1 month ago - PRNewsWire

Ritchie Bros. March Market Trends Report digs deep into Orlando, FL results

Monthly price indexes also updated, with truck tractor pricing up 63% in the U.S. for the three months ending Feb. 28, while vocational trucks and med. earthmoving prices up 45% and 42% ORLANDO, Fla.

2 months ago - PRNewsWire

Ritchie Bros. kicks off March with big auctions in Edmonton and the U.S. Rocky Mountain region

The two online auctions attracted 26,250+ bidder registrations & US$95M+ in combined GTV VANCOUVER, BC, March 7, 2022 /PRNewswire/ - A week after selling 11,000+ items in Orlando, FL, Ritchie Bros. was ...

2 months ago - PRNewsWire

UK Competition and Markets Authority to Refer Ritchie Bros.' Proposed Acquisition of Euro Auctions for Phase 2 Review

VANCOUVER, BC, March 4, 2022 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE: RBA) and (TSX: RBA) ("Ritchie Bros.

2 months ago - PRNewsWire

Insiders Buy Around $2.8M Of 3 Stocks

Although US stocks traded higher this morning, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stoc...

Other symbols:CTRAPSN
2 months ago - Benzinga

Ritchie Bros. sells $213 million of equipment in sweeping six-day Orlando auction

Record-breaking +26,200 bidders participate in premier global auction event on Feb 21 – 26 ORLANDO, Fla., Feb. 28, 2022 /PRNewswire/ - Amid a tight supply environment, Ritchie Bros.

2 months ago - PRNewsWire

Strong sales at Phoenix and Houston continue big February for Ritchie Bros.

US$114+ million of equipment and trucks sold between Phoenix and Houston February auctions VANCOUVER, BC , Feb. 22, 2022 /PRNewswire/ - Last week Ritchie Bros. continued its auction season kick off in a...

2 months ago - PRNewsWire

Ritchie Bros. issues Market Trends Year-in-Review Report for Transportation Sector

Truck tractor prices in the US are up +65% year-over-year, while vocational truck prices are up +44% VANCOUVER, BC , Feb. 18, 2022 /PRNewswire/ - Soaring demand for truck tractors and other transportati...

3 months ago - PRNewsWire

Ritchie Bros. (RBA) Misses Q4 Earnings and Revenue Estimates

Ritchie Bros. (RBA) delivered earnings and revenue surprises of -13.79% and 8.30%, respectively, for the quarter ended December 2021.

3 months ago - Zacks Investment Research