Analysts forecast that Rollins, Inc. (NYSE:ROL) will post earnings of $0.22 per share for the current quarter, Zacks reports. Two analysts have made estimates for Rollins’ earnings. The highest EPS estimate is $0.22 and the lowest is $0.21. Rollins reported earnings per share of $0.20 during the same quarter last year, which suggests a positive year over year growth rate of 10%. The business is scheduled to report its next earnings report on Wednesday, July 24th.
On average, analysts expect that Rollins will report full year earnings of $0.74 per share for the current year, with EPS estimates ranging from $0.70 to $0.78. For the next fiscal year, analysts anticipate that the business will report earnings of $0.82 per share, with EPS estimates ranging from $0.77 to $0.85. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Rollins.
Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). The company had revenue of $429.10 million for the quarter, compared to analysts’ expectations of $438.55 million. Rollins had a return on equity of 31.78% and a net margin of 12.34%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.22 EPS.
A number of research analysts recently weighed in on the company. Nomura reduced their target price on Rollins from $46.00 to $43.00 and set a “buy” rating on the stock in a report on Tuesday, April 30th. Macquarie initiated coverage on Rollins in a research note on Monday, April 29th. They set a “neutral” rating and a $38.90 price objective on the stock. ValuEngine upgraded Rollins from a “hold” rating to a “buy” rating in a research note on Tuesday, April 23rd. Finally, Zacks Investment Research upgraded Rollins from a “sell” rating to a “hold” rating in a research note on Wednesday, February 27th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $38.48.
Rollins stock traded up $0.25 during midday trading on Friday, reaching $37.15. The stock had a trading volume of 33,753 shares, compared to its average volume of 1,560,536. Rollins has a twelve month low of $33.07 and a twelve month high of $43.91. The stock has a market capitalization of $12.09 billion, a P/E ratio of 52.25 and a beta of 0.43.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be issued a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Thursday, May 9th. Rollins’s dividend payout ratio is currently 59.15%.
In related news, insider John F. Wilson sold 30,000 shares of the business’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $40.84, for a total value of $1,225,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 56.90% of the stock is owned by insiders.
A number of institutional investors have recently made changes to their positions in ROL. Teachers Advisors LLC increased its holdings in Rollins by 28.1% in the third quarter. Teachers Advisors LLC now owns 142,780 shares of the business services provider’s stock valued at $8,665,000 after buying an additional 31,339 shares during the last quarter. Vanguard Group Inc increased its holdings in Rollins by 13.6% in the third quarter. Vanguard Group Inc now owns 11,698,763 shares of the business services provider’s stock valued at $709,998,000 after buying an additional 1,398,615 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in Rollins by 135.7% in the fourth quarter. State of Alaska Department of Revenue now owns 36,799 shares of the business services provider’s stock valued at $1,328,000 after buying an additional 21,188 shares during the last quarter. First Hawaiian Bank increased its holdings in Rollins by 237.8% in the fourth quarter. First Hawaiian Bank now owns 2,027 shares of the business services provider’s stock valued at $73,000 after buying an additional 1,427 shares during the last quarter. Finally, Riverbridge Partners LLC increased its holdings in Rollins by 43.8% in the fourth quarter. Riverbridge Partners LLC now owns 2,136,470 shares of the business services provider’s stock valued at $77,127,000 after buying an additional 650,629 shares during the last quarter. 39.89% of the stock is owned by hedge funds and other institutional investors.
Rollins Company Profile
Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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