Rollins (ROL) Projected to Post Earnings on Wednesday

Rollins (NYSE:ROL) is projected to announce its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.22 per share and revenue of $817.09 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, analysts expect Rollins to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Rollins Trading Down 0.5 %

NYSE:ROL opened at $55.39 on Wednesday. The company has a market cap of $26.87 billion, a PE ratio of 57.69 and a beta of 0.80. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The company has a 50 day simple moving average of $52.14 and a two-hundred day simple moving average of $49.88. Rollins has a 12 month low of $41.72 and a 12 month high of $56.26.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.19%. The ex-dividend date was Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Analysts Set New Price Targets

ROL has been the subject of several recent research reports. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Canaccord Genuity Group raised their target price on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Barclays raised their price objective on shares of Rollins from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, April 4th. Finally, Morgan Stanley increased their target price on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Rollins has a consensus rating of “Hold” and a consensus target price of $52.83.

Insider Activity at Rollins

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of the business’s stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $52.81, for a total value of $101,448.01. Following the completion of the transaction, the insider now directly owns 39,640 shares in the company, valued at approximately $2,093,388.40. The trade was a 4.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of the business’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the sale, the insider now directly owns 9,602 shares in the company, valued at $509,866.20. This trade represents a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 20,259 shares of company stock valued at $1,047,330 over the last 90 days. 4.47% of the stock is owned by corporate insiders.

About Rollins

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.