Rollins (NYSE:ROL – Get Free Report) released its earnings results on Wednesday. The business services provider reported $0.34 EPS for the quarter, hitting analysts’ consensus estimates of $0.34, FiscalAI reports. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.11 billion. Rollins had a net margin of 13.55% and a return on equity of 38.81%.
Rollins Trading Up 0.6%
Shares of NYSE ROL traded up $0.19 during midday trading on Wednesday, reaching $33.53. 7,896,452 shares of the stock were exchanged, compared to its average volume of 4,539,326. Rollins has a 12 month low of $29.28 and a 12 month high of $66.14. The company has a market capitalization of $16.13 billion, a price-to-earnings ratio of 30.48, a P/E/G ratio of 3.63 and a beta of 0.73. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.63 and a quick ratio of 0.58. The business has a 50-day simple moving average of $33.82 and a two-hundred day simple moving average of $42.88.
Rollins Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.20 per share. This is a positive change from Rollins’s previous quarterly dividend of $0.1825. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, November 10th. Rollins’s payout ratio is 66.36%.
Analyst Ratings Changes
Several research analysts have recently issued reports on ROL shares. Weiss Ratings lowered Rollins from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. Argus downgraded Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, August 5th. Citigroup cut their target price on Rollins from $46.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, October 15th. JPMorgan Chase & Co. cut their target price on Rollins from $40.00 to $35.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 13th. Finally, Royal Bank Of Canada cut Rollins from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from $52.00 to $40.00 in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Rollins currently has a consensus rating of “Hold” and a consensus target price of $42.47.
View Our Latest Stock Analysis on Rollins
Key Stories Impacting Rollins
Here are the key news stories impacting Rollins this week:
- Positive Sentiment: Rollins increased its quarterly cash dividend to $0.20 per share, up approximately 10% from the same quarter a year ago. The new rate implies an annualized dividend of $0.80 and a yield of about 2.4%, providing support for income-focused investors. Rollins, Inc. Increases Regular Quarterly Cash Dividend
- Neutral Sentiment: Rollins is scheduled to report quarterly earnings shortly, making the results and management outlook an important near-term catalyst. Investors will likely focus on revenue growth, margins, and whether earnings can justify the company’s valuation. Rollins Reports Earnings Tomorrow: What to Expect
- Neutral Sentiment: A valuation-focused analysis highlights a potentially significant fair-value gap for ROL, placing added importance on the upcoming earnings report and the company’s dividend growth. The article could influence investor expectations, although it does not represent a company announcement. Rollins Faces a 106% Fair Value Gap on Earnings and Dividend Focus
- Negative Sentiment: Options traders purchased 10,334 put contracts, roughly 605% above the typical daily volume of 1,465. The surge signals increased hedging or bearish speculation around ROL, though options activity alone does not confirm a deterioration in the company’s fundamentals.
Rollins Company Profile
Rollins, Inc is a provider of pest and termite control services for residential and commercial customers. The company offers protection against common pests such as ants, cockroaches, rodents, termites, mosquitoes and bedbugs, along with wildlife control and other specialty services.
Rollins serves customers through a portfolio of regional and international brands, including Orkin, the company’s best-known pest control business; HomeTeam Pest Defense; Western Pest Services; Critter Control; and other local and specialized operations.
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