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 RB Global in a report released on Wednesday, February 19th. Raymond James analyst S. Hansen forecasts that the business services provider will post earnings of $0.64 per share for the quarter. Raymond James currently has a “Outperform” rating and a $118.00 target price 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 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 business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations 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 earned $0.82 EPS.

A number of other equities research analysts also recently issued reports on the stock. StockNews.com downgraded shares of RB Global from a “buy” rating to a “hold” rating in a report on Tuesday. Royal Bank of Canada upped their price objective on RB Global from $107.00 to $116.00 and gave the stock an “outperform” rating in a report on Wednesday, February 19th. CIBC reduced their target price on RB Global from $109.00 to $108.00 and set an “outperformer” rating on the stock in a report on Monday, February 3rd. BMO Capital Markets upped their price target on RB Global from $116.00 to $120.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 19th. Finally, Robert W. Baird lifted their price objective on RB Global from $105.00 to $110.00 and gave the company an “outperform” rating in a research note on Wednesday, February 19th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $107.64.

RB Global Stock Down 1.5 %

RBA opened at $101.25 on Monday. RB Global has a 12 month low of $69.83 and a 12 month high of $106.90. The business has a 50-day moving average of $92.25 and a two-hundred day moving average of $88.94. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.29 and a quick ratio of 1.17. The stock has a market capitalization of $18.70 billion, a price-to-earnings ratio of 50.37, a price-to-earnings-growth ratio of 4.95 and a beta of 0.96.

Hedge Funds Weigh In On RB Global

A number of institutional investors have recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of RB Global by 0.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 40,729 shares of the business services provider’s stock worth $3,674,000 after acquiring an additional 113 shares in the last quarter. CoreCap Advisors LLC raised its position in shares of RB Global by 74.5% in the 4th quarter. CoreCap Advisors LLC now owns 274 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 117 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of RB Global by 49.4% during the fourth 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 in the last quarter. Weil Company Inc. grew its position in shares of RB Global by 1.2% during the third quarter. Weil Company Inc. now owns 11,330 shares of the business services provider’s stock worth $912,000 after buying an additional 132 shares in the last quarter. Finally, Summit Trail Advisors LLC increased its stake in shares of RB Global by 4.6% in the fourth quarter. Summit Trail Advisors LLC now owns 3,089 shares of the business services provider’s stock worth $279,000 after buying an additional 137 shares during the last quarter. Institutional investors and hedge funds own 95.37% of the company’s stock.

RB Global Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Friday, February 14th. RB Global’s payout ratio is 57.71%.

RB Global Company Profile

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.