Rollins, Inc. (NYSE:ROL) Expected to Post Earnings of $0.20 Per Share

Brokerages forecast that Rollins, Inc. (NYSE:ROL) will post $0.20 earnings per share for the current quarter, Zacks reports. Two analysts have issued estimates for Rollins’ earnings. Rollins reported earnings per share of $0.17 during the same quarter last year, which indicates a positive year-over-year growth rate of 17.6%. The company is scheduled to report its next quarterly earnings results on Wednesday, October 27th.

On average, analysts expect that Rollins will report full year earnings of $0.69 per share for the current year, with EPS estimates ranging from $0.69 to $0.70. For the next fiscal year, analysts forecast that the company will post earnings of $0.74 per share, with EPS estimates ranging from $0.72 to $0.76. Zacks’ EPS averages are an average based on a survey of sell-side research firms that that provide coverage for Rollins.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, July 28th. The business services provider reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.02. The firm had revenue of $638.20 million during the quarter, compared to the consensus estimate of $602.80 million. Rollins had a net margin of 14.55% and a return on equity of 32.42%.

Shares of ROL traded up $0.15 during mid-day trading on Wednesday, hitting $37.54. The company had a trading volume of 1,060,520 shares, compared to its average volume of 1,352,901. The stock has a market cap of $18.47 billion, a PE ratio of 55.21 and a beta of 0.53. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.07. Rollins has a 1-year low of $31.44 and a 1-year high of $43.00. The business’s 50-day simple moving average is $37.95 and its 200-day simple moving average is $35.82.

The company also recently announced a quarterly dividend, which was paid on Friday, September 10th. Stockholders of record on Tuesday, August 10th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, August 9th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.85%. Rollins’s payout ratio is currently 59.26%.

Several large investors have recently modified their holdings of ROL. Liberty Wealth Management LLC bought a new stake in shares of Rollins in the second quarter worth $26,000. KB Financial Partners LLC bought a new stake in shares of Rollins in the first quarter worth $29,000. Sowell Financial Services LLC increased its stake in shares of Rollins by 338.0% in the first quarter. Sowell Financial Services LLC now owns 898 shares of the business services provider’s stock worth $33,000 after buying an additional 693 shares during the last quarter. CX Institutional increased its stake in shares of Rollins by 58.9% in the second quarter. CX Institutional now owns 1,071 shares of the business services provider’s stock worth $37,000 after buying an additional 397 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Rollins in the second quarter worth $37,000. Institutional investors and hedge funds own 38.76% of the company’s stock.

About Rollins

Rollins, Inc engages in the provision of pest and termite control services through its wholly-owned subsidiaries to both residential and commercial customers in United States, Canada, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Mexico, and Australia.

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Earnings History and Estimates for Rollins (NYSE:ROL)

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