Brokerages Set Rollins, Inc. (NYSE:ROL) Price Target at $64.86

Shares of Rollins, Inc. (NYSE:ROL) have been assigned a consensus recommendation of “Moderate Buy” from the sixteen ratings firms that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $64.8571.

ROL has been the subject of several research reports. Royal Bank Of Canada set a $67.00 target price on Rollins and gave the company an “outperform” rating in a research note on Thursday, February 12th. Loop Capital initiated coverage on Rollins in a research note on Monday, April 13th. They issued a “hold” rating and a $56.00 target price for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a research note on Monday, December 29th. Bank of America initiated coverage on Rollins in a research note on Tuesday, February 17th. They issued a “buy” rating and a $67.00 target price for the company. Finally, Wells Fargo & Company set a $56.00 target price on Rollins and gave the company an “equal weight” rating in a research note on Thursday, February 12th.

Insider Buying and Selling

In other news, Chairman Gary W. Rollins sold 10,355 shares of Rollins stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total value of $650,604.65. Following the completion of the sale, the chairman directly owned 5,312,114 shares of the company’s stock, valued at approximately $333,760,122.62. This trade represents a 0.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jerry Jr. Gahlhoff sold 1,307 shares of Rollins stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $62.83, for a total value of $82,118.81. Following the completion of the sale, the chief executive officer directly owned 327,079 shares of the company’s stock, valued at $20,550,373.57. This trade represents a 0.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 67,039 shares of company stock worth $4,177,480. 5.77% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Rollins

A number of institutional investors have recently made changes to their positions in the stock. Thrive Wealth Management LLC grew its stake in shares of Rollins by 2.7% during the third quarter. Thrive Wealth Management LLC now owns 6,473 shares of the business services provider’s stock worth $380,000 after purchasing an additional 172 shares during the period. LRI Investments LLC grew its stake in shares of Rollins by 8.7% during the fourth quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock worth $138,000 after purchasing an additional 183 shares during the period. New Mexico Educational Retirement Board grew its stake in shares of Rollins by 1.6% during the fourth quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider’s stock worth $773,000 after purchasing an additional 200 shares during the period. Inspire Investing LLC grew its stake in shares of Rollins by 3.9% during the fourth quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider’s stock worth $328,000 after purchasing an additional 203 shares during the period. Finally, Sumitomo Life Insurance Co. grew its stake in shares of Rollins by 1.2% during the fourth quarter. Sumitomo Life Insurance Co. now owns 18,288 shares of the business services provider’s stock worth $1,098,000 after purchasing an additional 221 shares during the period. 51.79% of the stock is owned by institutional investors and hedge funds.

Rollins Trading Down 0.2%

Shares of ROL opened at $54.78 on Wednesday. The stock has a fifty day moving average price of $56.41 and a two-hundred day moving average price of $58.69. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.55 and a current ratio of 0.60. Rollins has a 52-week low of $51.77 and a 52-week high of $66.14. The company has a market cap of $26.40 billion, a price-to-earnings ratio of 50.25, a PEG ratio of 3.39 and a beta of 0.84.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.02). Rollins had a net margin of 14.00% and a return on equity of 38.16%. The business had revenue of $912.91 million during the quarter, compared to the consensus estimate of $925.08 million. During the same quarter in the previous year, the firm posted $0.22 EPS. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. Analysts predict that Rollins will post 1.24 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th were paid a $0.1825 dividend. This represents a $0.73 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, February 25th. Rollins’s dividend payout ratio (DPR) is 66.97%.

Rollins Company Profile

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.