Rollins (NYSE:ROL) Releases Quarterly Earnings Results

Rollins (NYSE:ROL) released its earnings results on Wednesday. The business services provider reported $0.23 EPS for the quarter, meeting analysts’ consensus estimates of $0.23, Zacks reports. Rollins had a return on equity of 38.67% and a net margin of 14.18%.

Rollins Stock Up 0.3 %

Rollins stock traded up $0.13 during trading hours on Wednesday, reaching $50.07. The stock had a trading volume of 2,894,377 shares, compared to its average volume of 1,658,664. Rollins has a 52 week low of $40.41 and a 52 week high of $52.16. The company has a market cap of $24.25 billion, a price-to-earnings ratio of 52.16 and a beta of 0.76. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72. The business’s 50 day moving average price is $47.99 and its 200-day moving average price is $48.95.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is currently 68.75%.

Insider Buying and Selling at Rollins

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $49.88, for a total value of $735,730.00. Following the completion of the transaction, the insider now directly owns 124,214 shares of the company’s stock, valued at $6,195,794.32. This trade represents a 10.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.69% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ROL. Wells Fargo & Company increased their target price on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Canaccord Genuity Group began coverage on shares of Rollins in a research note on Tuesday, January 7th. They issued a “hold” rating and a $48.00 price target on the stock. Barclays initiated coverage on shares of Rollins in a research report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price objective for the company. UBS Group upped their target price on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Finally, Morgan Stanley boosted their price target on Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $51.50.

Rollins Company Profile

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.