Ritchie Bros. Auctioneers (RBA) Plans Quarterly Dividend of C$0.14
Ritchie Bros. Auctioneers (TSE:RBA) declared a Quarterly dividend on Wednesday, August 20th, Analyst Ratings Network.com reports. Stockholders of record on Friday, September 12th will be given a dividend of 0.14 per share on Friday, September 12th. This represents a yield of 2.14%. The ex-dividend date of this dividend is Wednesday, August 20th.
On the ratings front, analysts at Canaccord Genuity raised their price target on shares of Ritchie Bros. Auctioneers from C$25.00 to C$27.50 in a research note on Wednesday, June 18th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Ritchie Bros. Auctioneers presently has a consensus rating of “Hold” and an average price target of C$22.58.
Ritchie Bros. Auctioneers (TSE:RBA) opened at 26.50 on Wednesday. Ritchie Bros. Auctioneers has a 1-year low of $18.76 and a 1-year high of $28.37. The stock has a 50-day moving average of $26. and a 200-day moving average of $25.90. The company has a market cap of $2.844 billion and a P/E ratio of 28.31.
Ritchie Bros. Auctioneers (TSE:RBA) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. On average, analysts predict that Ritchie Bros. Auctioneers will post $0.92 earnings per share for the current fiscal year.
Ritchie Bros. Auctioneers Incorporated and its subsidiaries sells industrial equipment and other assets for the construction, transportation, material handling, mining, forestry, petroleum, marine, real estate, and agricultural industries at its unreserved auctions worldwide.
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