Q1 Earnings Estimate for RB Global Issued By Raymond James

RB Global, Inc. (NYSE:RBA) (TSE:RBA) – Raymond James issued their Q1 2025 EPS estimates for shares of RB Global in a report released on Wednesday, February 19th. Raymond James analyst S. Hansen expects that the business services provider will post earnings of $0.50 per share for the quarter. Raymond James has a “Outperform” rating and a $118.00 price objective on the stock. The consensus estimate for RB Global’s current full-year earnings is $2.50 per share. Raymond James also issued estimates for RB Global’s Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.74 EPS and FY2026 earnings at $2.71 EPS.

RB Global (NYSE:RBA) (TSE:RBA) last issued its quarterly earnings results on Tuesday, February 18th. The business services provider reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.23). The company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.06 billion. RB Global had a return on equity of 8.00% and a net margin of 9.64%. During the same period in the prior year, the company posted $0.82 earnings per share.

Other analysts have also issued reports about the stock. Robert W. Baird upped their price target on shares of RB Global from $105.00 to $110.00 and gave the stock an “outperform” rating in a research note on Wednesday. BMO Capital Markets increased their target price on shares of RB Global from $116.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday. StockNews.com raised shares of RB Global from a “hold” rating to a “buy” rating in a research note on Monday, January 27th. CIBC cut their target price on shares of RB Global from $109.00 to $108.00 and set an “outperformer” rating for the company in a research note on Monday, February 3rd. Finally, Royal Bank of Canada increased their target price on shares of RB Global from $107.00 to $116.00 and gave the company an “outperform” rating in a research note on Wednesday. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $107.64.

RB Global Trading Down 0.9 %

Shares of NYSE:RBA opened at $102.61 on Friday. The company has a 50 day moving average of $91.94 and a 200-day moving average of $88.53. The firm has a market cap of $18.95 billion, a P/E ratio of 51.05, a P/E/G ratio of 4.95 and a beta of 0.96. RB Global has a twelve month low of $67.15 and a twelve month high of $106.90. The company has a current ratio of 1.29, a quick ratio of 1.17 and a debt-to-equity ratio of 0.50.

Institutional Trading of RB Global

A number of hedge funds have recently bought and sold shares of RBA. Raymond James Financial Inc. bought a new stake in RB Global in the 4th quarter valued at $266,148,000. Norges Bank bought a new stake in RB Global in the 4th quarter valued at $209,931,000. FMR LLC boosted its holdings in RB Global by 137.5% in the 4th quarter. FMR LLC now owns 2,804,404 shares of the business services provider’s stock valued at $252,985,000 after purchasing an additional 1,623,429 shares during the period. Vontobel Holding Ltd. boosted its holdings in RB Global by 9.8% in the 4th quarter. Vontobel Holding Ltd. now owns 8,451,146 shares of the business services provider’s stock valued at $762,378,000 after purchasing an additional 753,700 shares during the period. Finally, National Bank of Canada FI boosted its holdings in RB Global by 309.6% in the 3rd quarter. National Bank of Canada FI now owns 808,172 shares of the business services provider’s stock valued at $65,014,000 after purchasing an additional 610,843 shares during the period. 95.37% of the stock is owned by institutional investors.

RB Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Friday, February 14th. RB Global’s dividend payout ratio is currently 57.71%.

About RB Global

RB Global, Inc, an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution.