Q1 Earnings Forecast for RB Global Issued By Raymond James

RB Global, Inc. (NYSE:RBAFree Report) (TSE:RBA) – Raymond James issued their Q1 2025 earnings per share (EPS) estimates for RB Global in a report released on Wednesday, February 19th. Raymond James analyst S. Hansen forecasts that the business services provider will earn $0.50 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 Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.74 EPS and FY2026 earnings at $2.71 EPS.

RBA has been the topic of several other research reports. CIBC lowered 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. Royal Bank of Canada upped their price objective on RB Global from $107.00 to $116.00 and gave the company an “outperform” rating in a research report on Wednesday. Robert W. Baird raised their price target on RB Global from $105.00 to $110.00 and gave the stock an “outperform” rating in a research note on Wednesday. StockNews.com raised RB Global from a “hold” rating to a “buy” rating in a research note on Monday, January 27th. Finally, BMO Capital Markets lifted their price objective on RB Global from $116.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, RB Global presently has a consensus rating of “Moderate Buy” and an average target price of $107.64.

Check Out Our Latest Research Report on RB Global

RB Global Trading Down 0.9 %

Shares of RBA stock opened at $102.61 on Friday. The business’s fifty day moving average price is $91.94 and its 200 day moving average price is $88.46. RB Global has a 1-year low of $67.15 and a 1-year high of $106.90. The firm has a market capitalization of $18.95 billion, a PE ratio of 51.05, a P/E/G ratio of 4.36 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 (NYSE:RBAGet Free Report) (TSE:RBA) last announced its quarterly earnings data 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). RB Global had a return on equity of 8.00% and a net margin of 9.64%. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the company earned $0.82 EPS.

RB Global Dividend Announcement

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

Institutional Investors Weigh In On RB Global

Hedge funds and other institutional investors have recently bought and sold shares of the business. Central Pacific Bank Trust Division purchased a new stake in RB Global during the 4th quarter worth approximately $27,000. CIBC Asset Management Inc boosted its position in RB Global by 57.1% during the 3rd quarter. CIBC Asset Management Inc now owns 984,364 shares of the business services provider’s stock worth $80,076,000 after acquiring an additional 357,761 shares during the period. Diversified Trust Co boosted its position in RB Global by 48.9% during the 4th quarter. Diversified Trust Co now owns 63,119 shares of the business services provider’s stock worth $5,694,000 after acquiring an additional 20,724 shares during the period. Teachers Retirement System of The State of Kentucky boosted its position in RB Global by 53.5% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 59,695 shares of the business services provider’s stock worth $4,805,000 after acquiring an additional 20,795 shares during the period. Finally, Forsta AP Fonden lifted its holdings in shares of RB Global by 16.1% in the third quarter. Forsta AP Fonden now owns 43,300 shares of the business services provider’s stock valued at $3,489,000 after buying an additional 6,000 shares during the period. 95.37% of the stock is currently owned by hedge funds and other institutional investors.

About RB Global

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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.

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