Wall Street brokerages expect that Rollins, Inc. (NYSE:ROL) will report sales of $489.65 million for the current quarter, Zacks reports. Two analysts have made estimates for Rollins’ earnings, with the highest sales estimate coming in at $493.30 million and the lowest estimate coming in at $486.00 million. Rollins reported sales of $450.44 million in the same quarter last year, which would suggest a positive year over year growth rate of 8.7%. The company is expected to report its next earnings results on Wednesday, October 24th.

On average, analysts expect that Rollins will report full year sales of $1.82 billion for the current year, with estimates ranging from $1.81 billion to $1.83 billion. For the next financial year, analysts forecast that the company will report sales of $1.94 billion per share, with estimates ranging from $1.91 billion to $1.99 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Rollins.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, July 25th. The business services provider reported $0.30 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.01). The company had revenue of $480.46 million during the quarter, compared to the consensus estimate of $470.15 million. Rollins had a net margin of 11.36% and a return on equity of 31.66%. Rollins’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.25 EPS.

Several research firms have recently issued reports on ROL. Nomura raised their price target on shares of Rollins from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, June 4th. Sidoti began coverage on shares of Rollins in a research note on Wednesday, June 27th. They set a “buy” rating for the company. Buckingham Research began coverage on shares of Rollins in a research note on Wednesday, May 9th. They set a “neutral” rating and a $50.00 price target for the company. Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating in a research note on Saturday, June 16th. Finally, Stifel Nicolaus began coverage on shares of Rollins in a research note on Thursday, May 31st. They set a “hold” rating and a $50.00 price target for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Rollins has an average rating of “Hold” and an average price target of $55.50.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. raised its stake in Rollins by 5.7% during the second quarter. BlackRock Inc. now owns 9,515,485 shares of the business services provider’s stock worth $500,325,000 after buying an additional 512,690 shares during the last quarter. Morgan Stanley raised its stake in Rollins by 51.5% during the second quarter. Morgan Stanley now owns 4,304,390 shares of the business services provider’s stock worth $226,323,000 after buying an additional 1,463,331 shares during the last quarter. Northern Trust Corp raised its stake in Rollins by 4.1% during the first quarter. Northern Trust Corp now owns 981,216 shares of the business services provider’s stock worth $50,072,000 after buying an additional 38,770 shares during the last quarter. Royal Bank of Canada raised its stake in Rollins by 28.1% during the first quarter. Royal Bank of Canada now owns 859,911 shares of the business services provider’s stock worth $43,881,000 after buying an additional 188,454 shares during the last quarter. Finally, EULAV Asset Management raised its stake in Rollins by 2.3% during the first quarter. EULAV Asset Management now owns 744,500 shares of the business services provider’s stock worth $37,992,000 after buying an additional 17,000 shares during the last quarter. 38.08% of the stock is owned by institutional investors and hedge funds.

NYSE:ROL traded up $0.59 on Friday, hitting $56.75. The company had a trading volume of 202,600 shares, compared to its average volume of 573,466. The company has a market cap of $12.27 billion, a price-to-earnings ratio of 65.22 and a beta of 0.29. Rollins has a 52 week low of $42.82 and a 52 week high of $57.22.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 10th. Investors of record on Friday, August 10th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Thursday, August 9th. Rollins’s dividend payout ratio is presently 64.37%.

About Rollins

Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.

Recommended Story: Momentum Indicator: Relative Strength Index

Get a free copy of the Zacks research report on Rollins (ROL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Rollins (NYSE:ROL)

Receive News & Ratings for Rollins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rollins and related companies with MarketBeat.com's FREE daily email newsletter.