Rollins (ROL) Projected to Post Quarterly Earnings on Wednesday

Rollins (NYSE:ROL) is expected to be releasing its earnings data after the market closes on Wednesday, April 23rd. Analysts expect Rollins to post earnings of $0.22 per share and revenue of $817.09 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, analysts expect Rollins to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Rollins Trading Up 1.4 %

Shares of ROL stock opened at $55.80 on Monday. The company has a market capitalization of $27.07 billion, a PE ratio of 58.13 and a beta of 0.80. Rollins has a 52-week low of $42.25 and a 52-week high of $56.26. The business’s fifty day moving average is $52.47 and its 200 day moving average is $49.99. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were paid a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.18%. Rollins’s dividend payout ratio is currently 68.75%.

Insiders Place Their Bets

In other news, insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction dated Thursday, April 10th. The stock was sold at an average price of $52.81, for a total transaction of $101,448.01. Following the transaction, the insider now directly owns 39,640 shares of the company’s stock, valued at approximately $2,093,388.40. This trade represents a 4.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Elizabeth B. Chandler sold 13,193 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the completion of the sale, the insider now directly owns 76,526 shares of the company’s stock, valued at approximately $3,916,600.68. This trade represents a 14.70 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,259 shares of company stock valued at $1,047,330. 4.47% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ROL shares. Royal Bank of Canada boosted their price objective on Rollins from $52.00 to $62.00 and gave the stock an “outperform” rating in a report on Thursday. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research note on Thursday. Morgan Stanley raised their price objective on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Canaccord Genuity Group lifted their price objective on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Finally, UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Rollins presently has an average rating of “Hold” and an average target price of $54.50.

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.