Rollins, Inc. (NYSE:ROL) Expected to Post Earnings of $0.14 Per Share

Wall Street brokerages expect Rollins, Inc. (NYSE:ROLGet Rating) to report earnings of $0.14 per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Rollins’ earnings, with the lowest EPS estimate coming in at $0.13 and the highest estimate coming in at $0.15. Rollins also posted earnings of $0.14 per share in the same quarter last year. The company is scheduled to announce its next quarterly earnings report before the market opens on Monday, January 1st.

According to Zacks, analysts expect that Rollins will report full year earnings of $0.73 per share for the current financial year, with EPS estimates ranging from $0.70 to $0.75. For the next financial year, analysts forecast that the firm will report earnings of $0.79 per share, with EPS estimates ranging from $0.78 to $0.80. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Rollins.

Rollins (NYSE:ROLGet Rating) last released its quarterly earnings results on Wednesday, January 26th. The business services provider reported $0.14 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.14. The firm had revenue of $600.30 million for the quarter, compared to analysts’ expectations of $583.63 million. Rollins had a net margin of 14.47% and a return on equity of 31.49%. The business’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.13 EPS.

Several research analysts have weighed in on ROL shares. StockNews.com started coverage on shares of Rollins in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Royal Bank of Canada raised their target price on shares of Rollins from $33.00 to $40.00 and gave the stock a “sector perform” rating in a report on Monday, April 11th. Finally, Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating and set a $40.00 target price on the stock in a report on Monday, April 4th.

A number of large investors have recently made changes to their positions in ROL. Select Equity Group L.P. increased its stake in Rollins by 188.9% in the fourth quarter. Select Equity Group L.P. now owns 3,886,476 shares of the business services provider’s stock valued at $132,956,000 after acquiring an additional 2,541,152 shares during the last quarter. BlackRock Inc. boosted its position in Rollins by 15.0% in the fourth quarter. BlackRock Inc. now owns 19,375,406 shares of the business services provider’s stock valued at $662,833,000 after buying an additional 2,522,680 shares in the last quarter. Norges Bank acquired a new stake in Rollins in the fourth quarter valued at approximately $70,645,000. First Trust Advisors LP boosted its position in Rollins by 609.1% in the fourth quarter. First Trust Advisors LP now owns 2,019,106 shares of the business services provider’s stock valued at $69,074,000 after buying an additional 1,734,350 shares in the last quarter. Finally, Millennium Management LLC boosted its position in Rollins by 2,645.4% in the fourth quarter. Millennium Management LLC now owns 1,135,819 shares of the business services provider’s stock valued at $38,856,000 after buying an additional 1,094,448 shares in the last quarter. 39.29% of the stock is currently owned by institutional investors and hedge funds.

Rollins stock traded down $0.58 during trading hours on Friday, hitting $34.90. The company had a trading volume of 919,376 shares, compared to its average volume of 1,098,570. The firm has a market cap of $17.19 billion, a PE ratio of 49.16 and a beta of 0.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.72 and a quick ratio of 0.66. Rollins has a one year low of $28.50 and a one year high of $40.11. The firm has a 50-day moving average of $33.31 and a 200 day moving average of $33.87.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 10th. Stockholders of record on Thursday, February 10th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, February 9th. This represents a $0.40 annualized dividend and a dividend yield of 1.15%. Rollins’s dividend payout ratio is presently 56.34%.

Rollins Company Profile (Get Rating)

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.

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Earnings History and Estimates for Rollins (NYSE:ROL)

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