Q2 Earnings Estimate for RB Global Issued By Raymond James

RB Global, Inc. (NYSE:RBA) (TSE:RBA) – Investment analysts at Raymond James issued their Q2 2025 earnings estimates for shares of RB Global in a report released on Wednesday, February 19th. Raymond James analyst S. Hansen anticipates that the business services provider will earn $0.64 per share for the quarter. Raymond James has a “Outperform” rating and a $118.00 price target 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 FY2025 earnings at $2.35 EPS.

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

Other equities analysts have also recently issued reports about the company. BMO Capital Markets boosted their target price on RB Global from $116.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, February 19th. Robert W. Baird lifted their price target on shares of RB Global from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Wednesday, February 19th. Royal Bank of Canada upped their price objective on shares of RB Global from $107.00 to $116.00 and gave the stock an “outperform” rating in a report on Wednesday, February 19th. CIBC cut their target price on shares of RB Global from $109.00 to $108.00 and set an “outperformer” rating on the stock in a research note on Monday, February 3rd. Finally, StockNews.com upgraded shares of RB Global from a “hold” rating to a “buy” rating in a research report on Monday, January 27th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, RB Global currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.64.

RB Global Stock Down 0.9 %

Shares of NYSE:RBA opened at $102.61 on Monday. The stock’s 50-day moving average is $91.94 and its 200 day moving average is $88.61. The company has a market cap of $18.95 billion, a PE ratio of 51.05, a P/E/G ratio of 4.95 and a beta of 0.96. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.29 and a quick ratio of 1.17. RB Global has a 1 year low of $67.15 and a 1 year high of $106.90.

RB Global Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Friday, February 14th. RB Global’s dividend payout ratio (DPR) is presently 57.71%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. CoreCap Advisors LLC boosted its stake in RB Global by 74.5% during the fourth quarter. CoreCap Advisors LLC now owns 274 shares of the business services provider’s stock worth $25,000 after acquiring an additional 117 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in shares of RB Global during the fourth quarter valued at approximately $27,000. Versant Capital Management Inc boosted its position in shares of RB Global by 136.4% in the 4th quarter. Versant Capital Management Inc now owns 305 shares of the business services provider’s stock worth $28,000 after purchasing an additional 176 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of RB Global by 49.4% in the 4th quarter. Jones Financial Companies Lllp now owns 390 shares of the business services provider’s stock worth $35,000 after buying an additional 129 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in shares of RB Global in the 4th quarter worth approximately $36,000. 95.37% of the stock is currently owned by institutional investors.

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.