According to Zacks, “Rollins Inc. provides services to both residential and commercial customers. The four primary services provided are termite and pest control, protective services, lawn care and plantscaping. Orkin Exterminating Company, Inc., a wholly owned subsidiary (Orkin), is one of the world’s largest termite and pest control companies. Rollins Protective Services, a division of the Registrant, is a pioneer in developing customized wired and wireless electronic security systems. “
Separately, Nomura boosted their price objective on shares of Rollins from $30.00 to $32.00 and gave the company a buy rating in a research report on Wednesday, September 7th.
Shares of Rollins (NYSE:ROL) remained flat at $28.95 during midday trading on Wednesday. 151,487 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $28.57 and its 200-day moving average is $28.03. The company has a market cap of $6.32 billion, a P/E ratio of 40.43 and a beta of 0.52. Rollins has a 12 month low of $23.69 and a 12 month high of $29.71.
Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $0.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by $0.01. Rollins had a net margin of 10.26% and a return on equity of 29.21%. The firm had revenue of $411.10 million for the quarter, compared to the consensus estimate of $415.60 million. During the same quarter last year, the firm earned $0.21 EPS. The company’s revenue was up 4.8% on a year-over-year basis. On average, analysts expect that Rollins will post $0.76 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 9th. Stockholders of record on Wednesday, August 10th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend was Monday, August 8th. Rollins’s payout ratio is presently 54.80%.
Several hedge funds and other institutional investors have recently bought and sold shares of ROL. Mason Street Advisors LLC bought a new position in Rollins during the second quarter worth approximately $1,255,000. Front Street Capital Management Inc. bought a new position in Rollins during the second quarter worth approximately $445,000. Public Employees Retirement System of Ohio boosted its position in Rollins by 0.3% in the second quarter. Public Employees Retirement System of Ohio now owns 39,232 shares of the company’s stock worth $1,148,000 after buying an additional 102 shares during the last quarter. Calvert Investment Management Inc. acquired a new stake in Rollins during the second quarter worth $216,000. Finally, Schwab Charles Investment Management Inc. raised its stake in Rollins by 8.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 288,469 shares of the company’s stock worth $8,444,000 after buying an additional 22,191 shares during the period. Hedge funds and other institutional investors own 35.59% of the company’s stock.
Rollins, Inc is a service company, which provides pest and termite control services. The Company operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America and Australia with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, and Mexico.
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