B. Riley Financial, Inc. (RILY) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does B. Riley Financial, Inc. Do?
B. Riley Financial, Inc., through its subsidiaries, provides investment banking and financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates in six segments: Capital Markets, Wealth Management, Auction and Liquidation, Financial Consulting, Principal InvestmentsCommunications, and Brands. The Capital Markets segments offers investment banking, corporate finance, financial advisory, research, securities lending and sales, and trading services; merger and acquisitions, restructuring advisory, initial and secondary public offerings, and institutional private placements services; asset management services; and trades in equity securities. The Wealth Management segment provides wealth management and tax services. The Auction and Liquidation Segment offers retail store liquidation, and wholesale and industrial assets disposition services. The Financial Consulting segment provides bankruptcy, forensic accounting, litigation support, operations management and real estate consulting, and valuation and appraisal services. The Principal InvestmentsCommunications segment provides consumer Internet access through United Online under the NetZero and Juno brands; VoIP communication and related products, and subscription services through magicJack; and mobile phone services and devices through Marconi Wireless. The Brands segments provides licensing of a brand investment portfolio, including Catherine Malandrino, English Laundry, Joan Vass, Kensie Girl, Limited Too, and Nanette Lepore. It also offers advisory services; brokerage services; senior secured and second lien secured loans to middle market public and the private U.S. companies; and consulting services. The company was formerly known as Great American Group, Inc. and changed its name to B. Riley Financial, Inc. in November 2014. The company was founded in 1973 and is headquartered in Los Angeles, California. B. Riley Financial, Inc. (RILY) is classified as a micro-cap stock in the Financials sector, specifically within the Trading industry. The company is led by CEO Bryant R. Riley and employs approximately 1,410 people, headquartered in WOODLAND HILLS, California. With a market capitalization of $239M, RILY is one of the notable companies in the Financials sector.
B. Riley Financial, Inc. (RILY) Stock Rating — Reduce (April 2026)
As of April 2026, B. Riley Financial, Inc. receives a Reduce rating with a composite score of 37.2/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.RILY ranks #2,417 out of 4,446 stocks in our coverage universe. Within the Financials sector, B. Riley Financial, Inc. ranks #648 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
RILY Stock Price and 52-Week Range
B. Riley Financial, Inc. (RILY) currently trades at $7.16. The stock lost $0.36 (4.8%) in the most recent trading session. The 52-week high for RILY is $10.97, which means the stock is currently trading -34.7% from its annual peak. The 52-week low is $2.67, putting the stock 168.2% above its annual trough. Recent trading volume was 454K shares, suggesting relatively thin trading activity.
Is RILY Overvalued or Undervalued? — Valuation Analysis
B. Riley Financial, Inc. (RILY) carries a value factor score of 63/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 0.77x, compared to the Financials sector average of 14.88x — a discount of 95%. The price-to-sales ratio is 0.29x, compared to 0.90x for the average Financials stock. On an enterprise value basis, RILY trades at 5.55x EV/EBITDA, versus 3.26x for the sector.
Overall, RILY's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
B. Riley Financial, Inc. Profitability — ROE, Margins, and Quality Score
B. Riley Financial, Inc. (RILY) earns a quality factor score of 10/100, signaling below-average profitability metrics relative to the broader market. Return on assets (ROA) comes in at -4.0% versus the sector average of 1.2%.
On a margin basis, B. Riley Financial, Inc. reports gross margins of 82.3%. The operating margin is -12.9% (sector: 21.8%). Net profit margin stands at -19.0%, versus 17.7% for the average Financials stock. Revenue growth is running at 87.3% on a trailing basis, compared to 9.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
RILY Debt, Balance Sheet, and Financial Health
B. Riley Financial, Inc. has a debt-to-equity ratio of -677.0%, compared to the Financials sector average of 121.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 0.93x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $1.43B. Cash and equivalents stand at $184M.
RILY has a beta of 1.08, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for B. Riley Financial, Inc. is 24/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
B. Riley Financial, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, B. Riley Financial, Inc. reported revenue of $865M and earnings per share (EPS) of $9.80. Net income for the quarter was $-68M. Gross margin was 82.3%. Operating income came in at $-67M.
In FY 2025, B. Riley Financial, Inc. reported revenue of $968M and earnings per share (EPS) of $9.80. Net income for the quarter was $310M. Gross margin was 85.0%. Revenue grew 15.4% year-over-year compared to FY 2024. Operating income came in at $76M.
In Q3 2025, B. Riley Financial, Inc. reported revenue of $278M and earnings per share (EPS) of $2.91. Net income for the quarter was $96M. Gross margin was 87.4%. Revenue grew 58.5% year-over-year compared to Q3 2024. Operating income came in at $65M.
In Q2 2025, B. Riley Financial, Inc. reported revenue of $225M and earnings per share (EPS) of $4.50. Net income for the quarter was $141M. Gross margin was 84.4%. Revenue grew 51.9% year-over-year compared to Q2 2024. Operating income came in at $11M.
Over the past 8 quarters, B. Riley Financial, Inc. has demonstrated a growth trajectory, with revenue expanding from $148M to $865M. Investors analyzing RILY stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
RILY Dividend Yield and Income Analysis
B. Riley Financial, Inc. (RILY) does not currently pay a dividend. This is common among smaller companies in the Trading industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Financials dividend stocks may want to explore other Financials stocks or use the stock screener to filter by dividend yield.
RILY Momentum and Technical Analysis Profile
B. Riley Financial, Inc. (RILY) has a momentum factor score of 62/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 21/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 48/100 reflects moderate short selling activity.
RILY vs Competitors — Financials Sector Ranking and Peer Comparison
Within the Financials sector, B. Riley Financial, Inc. (RILY) ranks #648 out of 891 stocks based on the Blank Capital composite score. This places RILY in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.
Comparing RILY against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full RILY vs S&P 500 (SPY) comparison to assess how B. Riley Financial, Inc. stacks up against the broader market across all factor dimensions.
RILY Next Earnings Date
No upcoming earnings date has been announced for B. Riley Financial, Inc. (RILY) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy RILY? — Investment Thesis Summary
The quantitative profile for B. Riley Financial, Inc. suggests caution. The quality score of 10/100 flags below-average profitability. The value score of 63/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 62/100, suggesting the trend favors buyers. High volatility (stability score 24/100) increases portfolio risk.
In summary, B. Riley Financial, Inc. (RILY) earns a Reduce rating with a composite score of 37.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on RILY stock.
Related Resources for RILY Investors
Explore more research and tools: RILY vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare RILY head-to-head with peers: RILY vs WTM, RILY vs OPY, RILY vs ACT.