Brokerages expect that Rollins, Inc. (NYSE:ROL) will post earnings of $0.22 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Rollins’ earnings, with estimates ranging from $0.21 to $0.22. Rollins reported earnings per share of $0.20 during the same quarter last year, which suggests a positive year over year growth rate of 10%. The company is scheduled to announce its next quarterly earnings report on Wednesday, July 24th.
According to Zacks, analysts expect that Rollins will report full year earnings of $0.74 per share for the current financial year, with EPS estimates ranging from $0.70 to $0.78. For the next year, analysts anticipate that the business will post earnings of $0.82 per share, with EPS estimates ranging from $0.77 to $0.85. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Rollins.
Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.01). Rollins had a net margin of 12.34% and a return on equity of 31.78%. The firm had revenue of $429.10 million during the quarter, compared to the consensus estimate of $438.55 million. During the same quarter last year, the firm posted $0.22 earnings per share. Rollins’s revenue was up 5.0% compared to the same quarter last year.
A number of equities research analysts have recently weighed in on ROL shares. ValuEngine upgraded Rollins from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Zacks Investment Research downgraded Rollins from a “buy” rating to a “hold” rating in a research note on Tuesday, January 29th. Nomura restated a “buy” rating and set a $46.00 price objective on shares of Rollins in a research note on Monday, January 28th. Finally, Macquarie initiated coverage on Rollins in a research note on Monday, April 29th. They set a “neutral” rating and a $38.90 price objective for the company. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $38.48.
In related news, insider John F. Wilson sold 30,000 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $40.84, for a total transaction of $1,225,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 56.90% of the stock is owned by corporate insiders.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Northwestern Mutual Investment Management Company LLC boosted its position in Rollins by 1.3% during the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 22,397 shares of the business services provider’s stock worth $932,000 after acquiring an additional 295 shares during the period. State Treasurer State of Michigan boosted its position in Rollins by 0.7% during the 1st quarter. State Treasurer State of Michigan now owns 42,508 shares of the business services provider’s stock worth $1,769,000 after acquiring an additional 299 shares during the period. Securian Asset Management Inc boosted its position in Rollins by 2.1% during the 1st quarter. Securian Asset Management Inc now owns 15,306 shares of the business services provider’s stock worth $637,000 after acquiring an additional 312 shares during the period. YorkBridge Wealth Partners LLC boosted its position in Rollins by 15.0% during the 4th quarter. YorkBridge Wealth Partners LLC now owns 2,409 shares of the business services provider’s stock worth $87,000 after acquiring an additional 315 shares during the period. Finally, Nissay Asset Management Corp Japan ADV boosted its position in Rollins by 0.6% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 63,051 shares of the business services provider’s stock worth $2,624,000 after acquiring an additional 374 shares during the period. Hedge funds and other institutional investors own 39.86% of the company’s stock.
Shares of NYSE ROL opened at $36.13 on Friday. Rollins has a twelve month low of $33.07 and a twelve month high of $43.91. The company has a market capitalization of $11.69 billion, a PE ratio of 50.89 and a beta of 0.43.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be paid a dividend of $0.105 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.42 dividend on an annualized basis and a yield of 1.16%. Rollins’s payout ratio is currently 59.15%.
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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