Rollins, Inc. (NYSE:ROL) shares are going to split on Tuesday, December 11th. The 3-2 split was announced on Tuesday, October 23rd. The newly created shares will be payable to shareholders after the market closes on Monday, December 10th.

Shares of Rollins stock opened at $58.95 on Friday. Rollins has a fifty-two week low of $44.71 and a fifty-two week high of $64.42. The firm has a market capitalization of $13.64 billion, a price-to-earnings ratio of 67.76, a P/E/G ratio of 5.82 and a beta of 0.31.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, October 24th. The business services provider reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. Rollins had a net margin of 11.97% and a return on equity of 32.90%. The firm had revenue of $487.70 million during the quarter, compared to the consensus estimate of $489.64 million. During the same period in the prior year, the firm earned $0.24 EPS. The business’s revenue was up 8.3% on a year-over-year basis. On average, equities research analysts predict that Rollins will post 1.09 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Friday, November 9th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Thursday, November 8th. Rollins’s dividend payout ratio (DPR) is presently 64.37%.

A number of analysts have weighed in on ROL shares. Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating in a report on Wednesday, September 19th. ValuEngine raised shares of Rollins from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 20th. Stifel Nicolaus reissued a “hold” rating and issued a $55.00 price target (up from $50.00) on shares of Rollins in a report on Sunday, August 12th. Buckingham Research increased their price target on shares of Rollins from $50.00 to $56.00 and gave the company a “neutral” rating in a report on Monday, October 29th. Finally, Gabelli initiated coverage on shares of Rollins in a research note on Monday, September 17th. They issued a “hold” rating and a $51.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $55.80.

Hedge funds have recently made changes to their positions in the company. Chevy Chase Trust Holdings Inc. acquired a new position in shares of Rollins in the 3rd quarter valued at $117,000. Fort L.P. acquired a new position in shares of Rollins in the 2nd quarter valued at $122,000. Flagship Harbor Advisors LLC acquired a new position in shares of Rollins in the 2nd quarter valued at $174,000. Jefferies Group LLC acquired a new position in shares of Rollins in the 3rd quarter valued at $206,000. Finally, Ferguson Wellman Capital Management Inc. acquired a new position in shares of Rollins in the 3rd quarter valued at $207,000. Institutional investors own 38.93% of the company’s stock.

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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.

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