Zacks Research Issues Negative Forecast for Rollins Earnings

Rollins, Inc. (NYSE:ROL) – Research analysts at Zacks Research reduced their FY2024 earnings per share estimates for Rollins in a report issued on Wednesday, November 13th. Zacks Research analyst A. Bose now expects that the business services provider will earn $0.99 per share for the year, down from their prior forecast of $1.00. The consensus estimate for Rollins’ current full-year earnings is $0.99 per share. Zacks Research also issued estimates for Rollins’ Q4 2025 earnings at $0.28 EPS.

A number of other equities research analysts have also recently commented on the stock. Wells Fargo & Company upped their target price on shares of Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 target price on shares of Rollins in a report on Thursday, July 25th. Barclays started coverage on Rollins in a report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target for the company. Finally, StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $49.83.

Rollins Price Performance

Shares of ROL opened at $49.91 on Friday. The firm has a fifty day moving average price of $49.55 and a 200 day moving average price of $48.64. The stock has a market cap of $24.17 billion, a PE ratio of 51.99 and a beta of 0.70. Rollins has a 1-year low of $39.03 and a 1-year high of $52.16. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). The company had revenue of $916.27 million for the quarter, compared to analysts’ expectations of $911.15 million. Rollins had a return on equity of 38.67% and a net margin of 14.18%. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.28 EPS.

Rollins Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 12th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.32%. This is an increase from Rollins’s previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, November 12th. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Insider Transactions at Rollins

In other news, insider Elizabeth B. Chandler sold 4,685 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $50.49, for a total transaction of $236,545.65. Following the completion of the transaction, the insider now directly owns 84,653 shares of the company’s stock, valued at $4,274,129.97. This trade represents a 5.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 4.69% of the company’s stock.

Institutional Investors Weigh In On Rollins

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Rollins by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 32,438,440 shares of the business services provider’s stock valued at $1,500,927,000 after purchasing an additional 206,873 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in Rollins by 1.5% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 10,023,281 shares of the business services provider’s stock worth $489,036,000 after acquiring an additional 148,316 shares during the period. Montrusco Bolton Investments Inc. raised its holdings in Rollins by 14.0% in the 3rd quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock valued at $465,503,000 after acquiring an additional 1,154,722 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Rollins by 4.9% in the 2nd quarter. Renaissance Technologies LLC now owns 2,825,569 shares of the business services provider’s stock valued at $137,860,000 after acquiring an additional 133,100 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Rollins by 1.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,167,949 shares of the business services provider’s stock worth $109,655,000 after purchasing an additional 31,458 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Company Profile

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.