Rollins, Inc. (NYSE:ROL - Get Free Report) declared a quarterly dividend on Tuesday, April 22nd, RTT News reports. Shareholders of record on Monday, May 12th will be given a dividend of 0.165 per share by the business services provider on Tuesday, June 10th. This represents a $0.66 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend is Monday, May 12th.
Rollins has raised its dividend by an average of 21.8% annually over the last three years. Rollins has a payout ratio of 53.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Rollins to earn $1.22 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 54.1%.
Rollins Stock Down 0.4 %
Shares of ROL stock traded down $0.21 during mid-day trading on Friday, hitting $55.26. The stock had a trading volume of 2,571,032 shares, compared to its average volume of 1,707,995. The firm has a market capitalization of $26.81 billion, a P/E ratio of 57.56 and a beta of 0.80. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. Rollins has a 12-month low of $44.29 and a 12-month high of $56.31. The firm's 50-day moving average is $52.93 and its two-hundred day moving average is $50.19.
Rollins (NYSE:ROL - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share for the quarter, hitting analysts' consensus estimates of $0.22. The company had revenue of $822.50 million during the quarter, compared to analyst estimates of $817.09 million. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, analysts predict that Rollins will post 1.09 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on ROL shares. Barclays lifted their price objective on shares of Rollins from $50.00 to $55.00 and gave the company an "equal weight" rating in a report on Friday, April 4th. UBS Group lifted their price target on Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a report on Friday, January 17th. Royal Bank of Canada upped their price objective on Rollins from $52.00 to $62.00 and gave the stock an "outperform" rating in a research note on Thursday, April 17th. The Goldman Sachs Group set a $61.00 target price on Rollins and gave the company a "buy" rating in a research note on Thursday. Finally, Morgan Stanley boosted their target price on shares of Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $55.57.
View Our Latest Research Report on Rollins
Insider Buying and Selling at Rollins
In related news, insider Thomas D. Tesh sold 1,921 shares of the company's stock in a transaction on Thursday, April 10th. The stock was sold at an average price of $52.81, for a total value of $101,448.01. Following the transaction, the insider now directly owns 39,640 shares of the company's stock, valued at $2,093,388.40. This represents a 4.62 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the sale, the insider now directly owns 9,602 shares of the company's stock, valued at approximately $509,866.20. This represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,259 shares of company stock worth $1,047,330. 4.47% of the stock is owned by insiders.
Rollins Company Profile
(
Get Free Report)
Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.
See Also
Before you consider Rollins, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rollins wasn't on the list.
While Rollins currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
